Jul 15 2022
All the Metaverse Platforms You Should Know About
Categories: Technology, Cryptocurrency, Metaverse, Web 3.0.
Since Facebook changed its name to Meta, we’ve all been pondering what life will look like once we’re living in a computer. Zuckerberg probably wants all of us to live inside his computer. But, thankfully, for now, we have a choice.
In fact, that’s an understatement. There are lots of different metaverse platforms to live, work, and interact in. And going through a list of metaverse platforms worth looking at is the sole focus of this blog.
Since you probably already know loads about it, we won’t be covering Meta's Horizon Worlds metaverse in this blog. If you need a quick recap on what the Metaverse and digital real estate is,
click here. Otherwise, read on to familiarise yourself with all the metaverse platforms you should know about.
The big ones to watch
These are what many might deem to be the top metaverse platforms. They’re the platforms that are right at the forefront of VerseProp’s radar when it comes to offering you real estate opportunities. They’re not necessarily here because they’re the biggest metaverse platforms — although in some cases their size is definitely a factor. But they all share a certain significance due to their popularity and overall promise. We’ll spend the rest of the blog covering these 16 in detail.
Ideal for: every type of creator but especially those that want a highly customizable fully decentralized metaverse that big brands and organizations are investing in.
Not the first ever metaverse but certainly one of the first to have a solid proof of concept for real world utility AND be 100% decentralized. Built on Ethereum, since 2020, Decentraland has been the place to design and build virtual assets. Users can build apps and environments using either the internal drag and drop builder or if you’re a metaverse pro, using an SDK tool allowing users to deploy advanced coding.
Decentraland lets users monetize the experiences they create thanks to the integration of various digital wallets like MetaMask. These experiences are owned 100% by the users that create them and if you hold MANA — Decentraland’s native currency — that lets you vote on the direction of the Decentraland project via its DAO. The DAO is the closest thing to a government Decentraland has. Only through the DAO can more land be created.
Plenty of big names have become interested in Decentraland. From Samsung to, institutional investors, to the Barbadian government. VerseProp even owns a parcel within Decentraland. Unsurprisingly, land in Decentraland has been rising exponentially since its launch.
Ideal for: a creator that wants a large, customizable metaverse platform but also one that is more gaming focused, user friendly, and secure than Decentraland.
Coming from a slightly different place to Decentraland, The Sandbox metaverse platform actually started as a 2D multiplayer game in 2012. Then it was acquired by Animoca Brands in 2018 which drove it in a metaverse direction, introducing 3D and placing it on the Ethereum blockchain.
Despite being owned by a large company, it’s still decentralized as no one body actively controls it. And like Decentraland the focus today is on building experiences like NFT art, games, and other applications within your estate. All with scope for monetization. With its gaming roots, there is certainly more of a leaning towards the gaming vibe.
Like all good metaverses, it encourages community building and interaction with other users around the digital assets you create: anyone for a virtual art show/pool party/go-kart race?
Plenty of big names have also shown interest such as Atari and
Snoop Dogg. Like Decentraland, The Sandbox has its own currency, SAND, that can be used in a similar way to MANA for internal transactions.
The Sandbox also boasts particularly high levels of security and stability so if that’s your priority this is the metaverse for you. It’s also a little more accessible and user friendly on the aesthetics front.
Ideal for: someone looking to develop, buy, and trade virtual property that mirrors the real world.
The big hook with Upland is that its virtual properties are all real world confirmed addresses. Starting with major American cities and building out, Upland is recreating the real world in the Metaverse. From the regular neighborhoods of Brooklyn to famous landmarks like The Rockefeller Centre.
Upland is primarily a game for buying, selling, and trading property. However, the creators want to make it into a fully functional, well rounded online economy. In their own words:
“The vision for Upland is a fully-realized digital metaverse that blurs the lines of the physical and virtual worlds. Eventually, Upland will house arcades, marketplaces, businesses, exchanges, community governance, and much more!”
There’s also a big focus on socializing and community building with other players (Uplanders). You can collaborate and hang out with each other to create collaboration opportunities and form neighborhoods.
Ideal for: players who want to play Pokémon but in a metaverse environment and make a bit of money.
This is basically Pokémon but built on the Ethereum blockchain. And we all know how big Pokémon got. Axie Infinity is a game where players breed, collect, and battle a variety of magical creatures known as ‘Axies.’ Users can complete quests to build up their experiences and take part in the intricate economy within the Axie Infinity metaverse.
This economy is driven by users purchasing their Axies and the usage fees that come with in-game trading. These usage fees are then pumped back into the Axie economy to holders of the Axie Infinity AXS token. Players can also battle their Axies to win in-game currency that can later be exchanged for fiat currency.
In terms of land, Lunacia, the Axie Infinity metaverse, acts as the home base for your collection of Axies. As you play the game you have more and more ability to upgrade your land.
Ideal for: the Farmville fan who’s looking to play something similar but A) on the blockchain and B) actually own their efforts.
This is similar to Axie infinity in that it’s A) a game first and foremost and B) very similar to another game. That game is Farmville.
Built on the Chromia blockchain, My Neighbour Alice is all about expanding your farmland and making it as profitable as possible. The Alice token lets you purchase virtual land for you to grow and expand your farm within the Metaverse.
Like Farmville, it’s extremely popular. Despite only being announced in 2020 and launched in 2021, it’s currently played by millions. And various names such as NGC, Genesis Block, and Blockchain Game Alliance are keen on getting involved with it.
Ideal for: the metaverse explorer that wants something as immersive and cutting edge as possible and is ready to wear a V.R headset a lot.
This is built on both Ethereum and Solana. Like the other major open-world metaverse platforms, it lets users design their own world from the ground up, purchase land with an ERC-20 token (Somnium Space CUBEs), develop on the land, and create in-world monetizable experiences. All players are playing within a single virtual world and advanced players of the game even have the ability to upload full-body avatars.
It has a few characteristics that make it unique. Firstly, it gives users the power to ‘live forever.’ This is where A.I analyses and records user movements so that a user’s Avatar can be permanently replicated within Somnium Space. Secondly, Somnium Space is heavily focused on V.R. Even though you can experience it normally, it’s designed to be used in conjunction with a V.R headset.
Ideal for: the metaverse gamer that wants to play with a large pool of people and doesn’t care about decentralization.
Roblox has been around since 2006. Which in blockchain and metaverse terms is freakin’ ages. Hence why it has between 40 and 50 million daily active users. Unlike other gaming metaverse platforms, it’s actually a collection of multiple user-generated games. Kind of like YouTube, but for games. Like YouTube, the games are free to play. Successful developers make money from creating games that other users find popular. It’s also super easy to get started with; you can create your own avatar and start playing in seconds.
The major difference from the big metaverse platforms like Decentraland and The Sandbox is the lack of decentralization. Roblox is in charge of every experience you create thanks to its army of several thousand moderators. There isn’t a blockchain in sight.
It may be miles from being decentralized but the metaverse experience Roblox is cultivating is still a force to be reckoned with. They’ve introduced a feature called “spatial voice chat” that aims to accurately recreate real-life conversations. And there has been serious interest from big names looking to create online events. Gucci, Nike, and celebs like 24kGoldn and YouTuber KSI have all been getting involved.
Ideal for: someone that likes a good battle royale game with a metaverse leaning and doesn’t care about decentralization.
What was originally an online battle royale style game has started to make serious roads into the Metaverse. Virtual music events from artists like Travis Scott and Ariana Grande have already proven popular, and Fortnite’s creator has been very vocal about taking his work in a new direction.
“Fortnite is a game. But please ask that question again in 12 months.”
Tim Sweeney. December 2019.
Like all good metaverses, you can virtually interact with other players’ avatars, buy new clothes and accessories for your avatar, etc. And like Roblox, Fortnite is equally non-decentralized.
Other popular metaverses
VerseProp is here to facilitate the sale of every form of metaverse real estate. From the bigger players, to the more fringe pieces of virtual land. The following are all promising metaverse projects that, in a few years, could be just as big as the ones above. Or they could stay niche/disappear altogether. We’ll see. Either way, they’re worth knowing about.
Ideal for: bitcoin fans who want to interact with an advanced V.R environment.
This cyberpunkesque world consists of a virtual skyscraper with 21 levels to it. 21 being a salute to the 21 million bitcoins that will eventually be mined. Like other metaverses, there is a range of experiences and opportunities for making money, with partners like Venly, Anzu, and Babylons already on board. It also has the most advanced real-time 3D creation engine on the planet, so visually it won’t disappoint.
Ideal for: someone looking to go deep into augmented reality and get creative.
Similar to Upland in that everything in Superworld is mapped to a real location. Recorded on the Ethereum blockchain, it has 64 billion unique land plots available for purchase. The main difference though is that Superworld is A.R. focused. Users are encouraged to curate their sections of Superworld with their own creativity. Art, music, games, or whatever they feel like sharing.
Ideal for: the Minecraft fan looking to get involved with something a little rarer than your typical metaverse real estate.
Built on the Ethereum blockchain, this feels very similar to Minecraft; you build your world by placing blocks. It also allows for more complex processes to be created with the help of its scripting capabilities.
Like many a good metaverse, users can buy and sell digital land, create and trade digital NFT collectibles, etc. However, the land in Voxels is a little more scarce than it is in other metaverses.
Ideal for: someone looking for a decentralized gaming platform with multiple games.
Like Roblox this is a gaming platform with multiple games on offer. However, Gala is based on both Ethereum and BSC blockchains and is owned by its players. In Gala’s words.
“If you earn or win a magical sword on the Gala Game Platform, it is yours. Your items and any inherited status is a verifiable asset on the blockchain you can trade to another person or play with in-game.”
Ideal for: anyone who loves getting lost in an epic sci-fi world.
The trailer says it all. This mesmerizing science fiction game set in outer space takes advantage of the new Unreal Engine 5. Graphically this will be one of the most impressive metaverses you can experience. Star Atlas also has one of the most mesmerizing metaverse websites you’ve ever seen.
Built on the Solana blockchain, the Star Atlas economy is propelled by players buying ships, each with different characteristics and crews, using them to explore the galaxy and fight rival factions.
Ideal for: the RPG fan looking for something Pokémonesque, decentralized, and without gas fees.
This decentralized RPG game is built on Ethereum, but with an additional perk. Thanks to the use of Immutable X (Ethereum’s layer 2 for NFTs) you can hold your NFT assets and never pay a gas fee for peer-to-peer transactions. Nice.
The gameplay involves venturing through numerous lands and seeking out magical creatures called Illuvials. The game also rewards players as they play through earning the platform’s native currency, ILV tokens.
Ideal for: someone looking for a simple decentralized metaverse game.
This 2D platform game is based around mining and collecting underground resources and trading them with other team members. Like all good decentralized games, everything you collect, you own as an NFT. It already has a loyal fanbase and has attracted investment from investors like Binance Smart Chain and Animoca Brands.
Ideal for: someone that wants to have more immersive Microsoft Teams calls and is intrigued by what Microsoft might do in the Metaverse/gaming space long term.
Obviously, it’s not centralized. It’s Microsoft. The best way to view Mesh, for now, is an extension of Microsoft Teams. Accessed with VR and AR, you can use your Avatar to conduct remote meetings more immersively.
But this is no doubt only the beginning. Microsoft has bought the gaming giant behind Call of Duty and World of Warcraft, Activision Blizzard. This is almost definitely the start of some big moves in the gaming world.
As the list of metaverse platforms grows and we see various metaverse platforms shape the industry, it can be hard to keep track of what land is on offer. This is where VerseProp can help. Our mission is to stay abreast of all the opportunities on offer and help you pick out the best virtual real estate from the galaxy of metaverse platforms available.
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