The Metaverse project is the latest in crypto lately and many people want to buy any kind of project to get a huge return on their investment without being sure if it is a project with amazing long-term potential.
Metaverse projects are currently booming, each shaping the future of Metaverse cryptocurrency and the nature of digital real estate. Of course, history tells us that not all projects will be successful, so it’s always worth keeping an eye on the best Metaverse projects. If you start early, your wins are usually big.
In this article, we will analyze what Metaverse is and the best Metaverse projects to watch in 2022.
What is a Metaverse
Metaverse is a term that first appeared in science fiction. It is a combination of the prefix “meta” (meaning beyond) and “verse” (meaning universe).
Practically, it refers to virtual worlds where properties, buildings, avatars and even names can be shared, often bought and sold with cryptocurrencies. In these environments, people can walk with friends, visit buildings, buy goods and services, and participate in activities.
The concept gained popularity during the Covid-19 pandemic as lockdowns and worker guidelines have led to more people being online for business and pleasure.
The term encompasses all types of virtual reality, from workplace tools to gaming and community platforms
The Best Metaverse projects to Watch in 2022
Below are the Best Metaverse projects to watch in 2022:
- Decentraland (MANA)
Decentraland, being one of the first Metaverses to enter the crypto space, has enjoyed first-mover advantages. That’s why I think MANA has the ability to survive together with SAND. It has many supporters and a great ecosystem.
It came at a good time when Facebook announced they were rebranding to Meta
You can invest in Metaverse real estate and buy virtual land or plots on the platform. It is the number one Metaverse project by market cap as at the time of writing with over $4.1 billion, according to CoinMarketCap.
- Sandbox (SAND)
It is a virtual environment on the Ethereum blockchain where users can buy transactions and even create their digital goods.
It is the ideal combination of online interaction, decentralization and gameplay for an immersive experience. The combination of play to earn games and an NFT-based economy will attract players and developers. The platform’s utility token, Sand, is used for transactions as well as the underlying decentralized governance.
Sandbox is a game where players can buy digital properties called lands and create experiences on them to share with other players. The sandbox has two native tokens that drive the campaign and its metaverse.
The market cap of Sandbox Metaverse tokens is around $2.9 billion as at the time of writing making it the second Metaverse according to ranking.
- Axis Infinity (AXS)
Another best metaverse project to invest in today is Axie Infinity. If you remember the pokemon game, Axie Infinity is a very similar metaverse game to this one, so sure people will enjoy it, it’s close enough for pokemon to be classified as a pokemon clone.
This is a video game in which you can customize fantastic monsters and teach them to fight. The game’s popularity has increased significantly since its inception, becoming a major source of income for millions of people in less developed countries. Making it a haven to invest in.
Axie Infinity is backed by stable investors like Mark Cuban, Andressan Horrowitz (a16z), Animoca Brands, Hashed, Pangea Blockchain Fund, ConsenSys.
- Starlink (STARL)
The Starlink Metaverse Project is the first crypto project to join the AAA game design and development team with over 20 years of experience including work for PlayStation, Disney, Lionsgate Entertainment, Lucasfilm, Pixar and The LEGO Group.
The STARL Metaverse will serve as the launchpad for the game and the first game, Warp Nexus, will be modified and developed by Wyrmbite Studios.
STARL will be the bridge between the professional gambling industry and cryptocurrencies.
As at the time of this writing, Starlink has a market cap of $137.28 Million.
- Bloktopia (BLOK)
Bloktopia is a Skyscraper made up of 21 levels to pay recognition to 21 million Bitcoin, which will allow users to access crypto information and immersive content in one place.
Bloktopians can earn income from real estate ownership, advertising revenue, gaming, networking, and more.
It uses the world’s most advanced real-time 3D creation engine and leverages this technology to create stunning visualizations and user experiences.
It already has some well-known backers like Animoca Brands. Major cryptocurrency exchanges like KuCoin and CoinMarketCap call Bloktopia their home.
- Star Atlas (ATLAS)
Star Atlas is a next-generation gaming metaworld embracing cutting-edge blockchain, real-time graphics, multiplayer video games, and decentralized finance technologies.
The open-world sci-fi genre has long been associated with games like EVE Online, which over the years have combined elements of RPG games with a digital economy. However, the problem in the past was that these assets were owned by a company, resulting in a one-way system where only the original publisher could make a profit.
As at the time of this writing, ATLAS has a market cap of $103.95 million.
- RedFox (RFOX)
Red Fox Labs is a technology startup developing a virtual mall. It promises to become a standalone metaverse that combines RFOX VAULT with Callinova Auction to create an immersive shopping experience.
Red Fox also includes two tokens to support operations and transactions. Compared to RFOX Token, VFOX Token is reward-based.
To complement Ultimate Metaverse, the company is also working on RFOX Finance and RFOX Games.
So if you are thinking of investing in the best Metaverse crypto projects to earn a huge income. You might be pleased to know that we’ve covered seven of the best Metaverse projects to watch in 2022.