The Biggest Metaverse Projects to Follow in 2022/2023
Today every business is working on the Metaverse project ranging from metaverse real estate investments to estate to billion-dollar game franchise valuations to provide unique user experiences. Investors believe that crypto video games have a lot of possibilities that we haven’t yet seen. That’s why it’s necessary to look at it so as not to miss significant opportunities. In this article, we list the biggest metaverse projects and look at each project individually.
Table of Contents
Souls of Nature
Souls of Nature is a new initiative that started in 2022 and showed much promise. It is a metaverse game and an entire metaverse project with its own tradeable NFTs and aims to help endangered wildlife and their habitats.
Since Souls of Nature is about animal wildlife and environmental issues, the in-game avatars for gamers in this metaverse gaming experience are animals. You will be reborn into the soul of an animal and go on a mission to save the environment – powered by the Unreal engine in immersive HD.
Souls of Nature collection will have 9,271 NFT animals, released in 2022 in their upcoming NFT drop. A portion of the mint’s proceeds will be donated to organizations dedicated to protecting endangered animals and their habitats worldwide.
You can evolve and upgrade your animal avatar through various quests in the Souls of Nature metaverse, allowing you to earn cryptocurrency by contributing to worthwhile causes, like animal welfare and the environment.
The website’s Souls of Nature metaverse graphics are very impressive for a project still in its early roadmap. By the end of the year, the project will also have its native coin, $ZOOIE. In addition, all ZOOIE owners will receive early access to the game’s beta version.
Thus, this new game will allow you to earn money and take care of the environment. On the whole, Souls of Nature is a fascinating collection of NFTs designed to impact the real world positively. Even though the project is still in its early stages, it shows great promise.
Enjin
Enjin is a unique metaverse project that doesn’t comprise a virtual world filled with gameplay features. It offers a platform where creators can easily make NFTs, which they can use in blockchain-based metaverse games.
Software development kit (SDKs) ensures that Ethereum-based NFTs can be minted by creators of all experience levels, creating over 1.1 billion digital assets using the Enjin system.
One of the most attractive factors in using Enjin to create NFTs is that it always provides a certain degree of liquidity. It means that creators who produce NFTs with Enjin, like digital art, virtual real estate, or in-game items, can always ‘melt’ their NFT in exchange for $ENJ, Enjin’s native token. The melting value will differ from asset to asset, although it ensures that no Enjin NFT will ever become liquid.
Mouse
Tamadoge is an NFT-based game that is currently based in the Tamaverse. However, the game will evolve into a Metaverse project. Tamadoge has utility, which enables players to earn rewards while entertaining themselves, and they do so by raising pets.
Players can buy NFTs to feed their pets and buy toys to keep them entertained. This crypto gaming platform ranks players on the leaderboard according to the development of their pet. Users who have developed their pets the most will receive the highest rewards from the prize pool.
Tamadoge differs from a coin like Dogecoin as it is a deflationary coin, whereas Dogecoin has increased its supply. Tamadoge’s supply decreases since 5% of all tokens spent are burnt for eternity. Of the remaining 95% of tokens spent, 65% go to the prize pool, and 30% go to promote the platform.
An ERC-20 token was introduced to ensure coin sales are tax-free and the coin is listed on major centralized exchanges. Solid Proof audited this project, and CoinSniper confirmed it.
The presale is entering its final phase, with $15 million already raised and 90% of the presale distribution sold, with the remaining tokens expected to be sold before the end of September. The only thing left for investors is to enter this NFT platform now.
Pax World
Pax.world is a metaverse project that allows users to create life-like avatars through features like 3D facial scanning. Experience the Metaverse is hyper-personalized thanks to high-end audio, video, and chat integrations. Pax. world’s aim is to allow users to create their worlds. They must be able to research and trade NFTs on user-owned platforms.
The project focuses on games and entertainment and provides a rich and interactive experience that promotes socialization, education, and commerce. This is made by hosting a performance-optimized virtual world. In the modern Metaverse, you can create and purchase
3D assets such as buildings, highly intricate models, and fashion. It is built with the help of the Unity 3D game engine, known for its face-scanning features that create 3D life-like avatars. Other benefits include low hardware requirements, HD video, and audio broadcasting.
With Pax.world, the team is eager to make the metaverse experience accessible to many users. According to the project’s vision, it will be a separate world. For example, it will feature NFT art galleries that won’t be just a place to showcase the artwork of established and emerging artists but also for auctions. It will have educational centers characterized by interactive learning. There will be business centers where you can host meetings, AMAs, and events.
$PAXW will serve as the Pax.world ecosystem’s native token. It also will be used to create, buy, and sell game assets, in-game rent property, and transfer value to users of the Metaverse. Eventually, its utilities will expand as the project evolves. For instance, it can be used to purchase and stake in-game collectibles and wearables. However, incentivization will be the essential utility of the token. Participants will be able to get three types of rewards from the platform – social, creative, and DAO rewards.
Battle Infinity
Battle Infinity’s developers provided various benefits by combining the Metaverse with gaming elements to create an NFT fantasy sports game. In addition to earning rewards, players can form teams and use VR head devices to walk around the Metaverse and meet up with other players to chat in real-time.
Six platforms, such as Battle Stake, Battle Arena, and Battle Swap, give access to players.
However, players must buy IBAT, the platform’s token, to take advantage of this ecosystem. They can do it on Battle Swap, allowing players to exchange rewards off the platform for other currencies. A portion of the platform’s transaction fees goes towards global staking, which distributes rewards to active players.
Battle Market brings value to assets and characters on this platform which the gaming industry may not do so that players can reap the rewards. Keeping up to date is best done through the Telegram group, and investors should seize the opportunity, which shows enormous growth potential.
The presale of Battle Infinity sold out just 24 days after launch and has been a buzz since listing on PancakeSwap and LBank. With a current market cap of $40 million and more listings in line, Battle Infinity is expected to see more price pumps in the coming weeks and months.
Alterverse
Alterverse Sky City is like a space-age version of Dubai. It is expected to be the central hub of the Alterverse. Buy land, build, shop, socialize, collect resources, create NFTs, buy, sell, trade and Play-to-Earn in many ways.
From Sky City, players could go to one of many OutPost servers. OutPost is aboard giant Space Stations. It’s a First Person Shooter-style game, but at the same time, it includes quests, mining, and crafting.
Create and customize your Crew Room, fly the powerful XR75 Fighter ships, chat and compete in various contests. OutPost replaces the older game Disruption. Over 200 Servers are owned and operated by multiple Guilds and individuals.
Real Estate Investment Club
Real Estate Investment Club is a collection of NFTs made by some of the designers from the GTA and Red Dead Redemption teams. NFTs are your access and avatar to REIC – MetaCity, a metaverse dedicated to learning and investing in real estate. NFTs also gives holders access to the Digital Asset Property Group (DAPG).
REIC – MetaCity is a high-definition metaverse created using Unreal Engine 5, the same game engine used to develop Fortnite. It means that the Metaverse will be polished with realistic animations.
The REIC team intends to create its Metaverse-as-a-Service (MaaS), which will act as a virtual city for all REIC members. Players can monetize their assets and services within the Metaverse to create an in-game economy and earn money.
The REIC HQ building, designed by a team of architects and developers, will be located in the center of the Metaverse. There, the team will host regular meetings and education services, provide future investment opportunities, and provide REIC members with access to industry elites for personal mentorship in real estate investment.
Ownership of the REIC NFTs provides certain utilities beyond access to the Metaverse itself. For example, the team has plans to hold private real-world events for REIC members at premium locations, the first of which will be in Edinburgh.
The main goal of REIC – MetaCity is to become a pioneer in bringing real estate investments to the blockchain. The team believes real estate will soon be widely tokenized, and ownership stakes will be represented on the blockchain. Therefore, they intend to provide the necessary infrastructure to be the leading real estate investment community.
Metahero
Metahero is a new metaverse project aiming to create an ultra-realistic platform that allows users to scan real-world objects and themselves into the Metaverse.
The company even installed a scanning chamber in Doha that scans objects and creates their digital 3D form for the metaverse universe.
For this purpose, Metahero has partnered with Wolf Studio. The cryptocurrency HERO, its native token, has a market capitalization of $16.26 million as of September 2022. At the same time, this is comparatively smaller than other tokens on this list because the project is very new.
Since Metahero’s YTD performance is dismal, the currency has lost almost all of its value since the beginning of the year. Founder Rob Gryn’s recent collaborations with his other meta project, Everdome, could also support Metahero, so HERO is not standing still. However, it is probably one of the most speculative cryptocurrencies in the Metaverse.
Decentraland
Decentraland is leading metaverse crypto that allows players to participate in its virtual real-estate ecosystem. On the Decentraland metaverse, players can buy, sell, and trade plots of pieces known as LAND. Each piece of LAND is created as an ERC 721 token.
Players can buy and sell pieces of LAND with the help of MANA, an ERC-20 token, and the Decentraland’s native cryptocurrency. As the platform’s currency, MANA is also used for advertising NFT billboards and transaction settlements for the available games on Decentraland.
Starting at only $0.025 after the launch, MANA reached an ATH of $5.90 in 2021. Moreover, some of the transactions on the platform were worth over one million dollars, primarily real estate purchases.
The Sandbox
The Sandbox is one of the oldest and most famous metaverses that attracted the attention of prominent figures in the crypto community and big companies. There are many NFTs in The Sandbox ecosystem, including wearables and virtual land plots.
Since The Sandbox is essentially a user-created experience, the only limit is the player’s imagination. Almost anything is possible in The Sandbox, from the NFT Metaverse casinos to interactive games and even rides. It gives The Sandbox massive replayability and offers users even more reasons to buy SAND in the long run.
The Sandbox gives users the tools they need to create on the platform. This means the players are fueling the game’s economy and that the number of cosmetics in the game will continue to grow. Users can create attractions, buildings, and wearables like jumpers, so many options exist.
To reward creators for choosing The Sandbox as their Metaverse, people can sell their creations on the in-game marketplace and earn funds that can then be exchanged for fiat.
In addition, users can monetize the attractions, such as by charging entry fees or even adding play-to-earn elements to their minigames.
The Sandbox is more than just another game. It provides users with tools to create almost anything. With hundreds of thousands of NFTs in The Sandbox ecosystem, it’s clear that the project resonates with players and will likely continue.
Star Atlas
Star Atlas is a metaverse project based on games with excellent graphics. The game shows the future — specifically, the year 2620 — where players can conquer lands and collect resources in a futuristic setting.
The Metaverse recently partnered with iBuyPower, the PC manufacturer that will be the hardware provider for Star Atlas, in a deal that is expected to expand the game’s membership.
The game uses the ATLAS metaverse token, which can be earned by playing the game. Think of it like a typical reward-based game where you earn coins by playing and completing challenges. But in this case, the rewards can bring profit.
Star Atlas is based on Solana, which gives it the advantage of low transaction fees compared to Ethereum-based projects. Its market capitalization is $11.13 million, and the coin is trading at $0.005163.
Bloktopia
Bloktopia is a 21-level skyscraper to pay recognition to 21 million Bitcoins. Token holders will be known as Bloktopians. It will act as a central node and welcome all cryptography levels. Users will access cryptographic information and immersive content in one place for the first time.
Bloktopians can generate income through real estate ownership, advertising revenue, gaming, building networks, and more. Bloktopia will use the world’s most advanced real-time 3D Creation Engine to create stunning visualizations and user interactions.
The vast user base of Bloktopia will allow it to be monetized through advertising and sponsorship, providing the opportunity to participate in generating income through the NFT mechanism.
Axie Infinity
This project is based on breeding digital animals that users can collect and raise. Once created, digital animals can be presented as NFTs and sold on the open market.
In other words, Axies are ferocious creatures who love fighting, hunting, and building for treasure. Players create teams of Axies, where each Axie has its strengths and weaknesses. In addition, they can mix and match parents and make their Axie breeds. After creating teams, players can buy land, start their kingdom, mine rare resources, attack dungeons, and more.
Axie Infinity is considered one of the best metaverse cryptocurrencies in 2022. After launching in 2020, the price of one AXS, the native token of this game, was $0.15 per token. In November 2021, the value of this token was around $165, which means that AXS has recorded an increase of almost 110.000%!
ApeCoin
ApeCoin is a metaverse crypto project of Yuga Lab, creators of the famous NFTs Bored Ape Yacht Club. These metaverse coins are created for their game Otherside, and token owners get exclusive access to the products of the Ape ecosystem.
The Otherside ecosystem includes five different regions and gives access to a digital land divided into five tiers: Biogenic Swamp, Chemical Goo, Rainbow Atmos, Cosmic Dream, and Infinite Expanse. Each part has different rare items and a set of resources.
Before launching Otherside, Yuga Labs raised $320 million in a virtual land sale, and the sale itself generated so much traffic that it increased gas fees on the Ethereum network. It caused a decrease in sales of Ape coins and lowered the price of the token.
Somnium Space
Somnium Space is a 3D blockchain platform full of captivating experiences and opportunities to interact with all aspects of the Metaverse. Somnium calls itself “an open, social and permanent virtual reality platform,” where users can “live” and engage in entertainment, communication, e-commerce, and more.
While most metaverse projects are built in the Ethereum blockchain, Somnium has opted for a multi-chain strategy that includes the Solana blockchain. This opened up new opportunities for the Metaverse. It allows users to participate in activities like creating an NFT Gallery and utilizing a VR avatar to attend VR concerts while dancing with a full body tracking kit.
CUBE, Somnium Space’s native token, is an ERC-20 token. The currency can be used to purchase virtual items, pay for goods, services, games, metaverse events, rent land, and reward players for good “karma.”
Gala
Gala is a blockchain gaming platform that gives players more control over their gaming experience by allowing them to swap in-game products freely. Gala offers several blockchain-based social games focused on building relationships and connecting players. The games currently available are Town Star, Mirandus, Fortified, Spider Tank, and Echoes of Empire.
The Metaverse’s native token is GALA, used throughout the platform for network governance, prizes, and incentives for node operators. GALA is also used to purchase digital items, like NFTs, via the game’s store and player market. Gala users can create and modify their avatars just like other blockchain-based games in the crypto market.
Highstreet
Highstreet is an interesting metaverse project that includes virtual reality. In virtual reality shops, users can shop using HIGH currency. In 2021, the project’s founders raised $5 million, and their market capitalization as of July 2022 is over $20.79 million.
Apart from everything available on Highstreet, users can buy NFTs and play games. In addition, their HIGH coin is now available on Coinbase, one of the most popular cryptocurrency transaction platforms.
Many investors and experts believe this is one of the best crypto projects in the Metaverse that will be very successful since some Shopify stores have already integrated the platform into their business.
Conclusion
Metaverse projects are popping up right and left, but some show real potential and stand above the crowd. The concept of the Metaverse is deeply rooted in blockchain and cryptocurrency, so investing in some of these projects might be a good idea. Moreover, it seems that the NFT hype is only increasing. Thus, the influence of the Metaverse is already huge, but it will be even more significant in the coming years.
