The metaverse is all I’ve been thinking about for the past month. Once the internet knows what you’re interested in, it does everything in its algorithmic power to make sure you’re fully immersed in that one topic — for me, that was the metaverse. I’ve invested in some solid metaverse projects and also been swept up by FOMO and made some less informed purchasing decisions. November 2020 was an exciting month for the metaverse and its momentum is set to charge into 2022. Sandbox, Axies Infinity and Decentraland made the headlines everywhere and while they’re the current leaders in this virtual space, there are many other excellent contenders waiting to be discovered. These are the metaverse projects whose journey I will be following closely over the coming months.
4 metaverse projects to invest in
Bloktopia is a hub of immersive content with crypto learning resources, real estate ownership, play-to-earn games, advertising revenue and networking opportunities. It’s a skyscraper metaverse with 21 levels (in honour of the 21 million Bitcoin cap) and its token holders are referred to as Bloktopians. It has a wider appeal than some other metaverse projects; you don’t have to be a gamer to immerse yourself in the virtual world it has to offer (but you can be). It also has futuristic, Bladerunner-like visuals that will attract non-crypto natives.
Find out more on bloktopia.com
Metahero provides a gateway into the metaverse, acting as a bridge between the physical and virtual worlds. With 3D scanning and modelling technology from Wolf Studio, Metahero will create ultra-realistic avatars and virtual items that can be used in the metaverse. Alongside avatars, Metahero also plans to create NFTs from real-world art and collectables. Like Bloktopia, it will be accessible to those not deep in the crypto space.
Find out more on metahero.io
Star Atlas aims to deliver a space-age metaverse from the year 2620. You’ll be able to ‘fly your spaceship equipped with 27th-century technology’ and experience space living. There’s space exploration, space real estate, a space economy that promises ‘intergalactic prosperity’ and, admittedly, very good marketing beyond this intergalactic metaverse. It’s backed by a strong Silicon Valley-based team and holds a lot of potential, we just have to wait to find out if they’ll deliver on this massive metaverse project.
Find out more on staratlas.com
Play Enjin-powered games to earn NFTs and store them in the Enjin wallet. The use case is that Enjin can power NFTs as they move between games, apps, marketplaces and wallets within the metaverse. Your NFT will forever be backed by Enjin. It also envisages your gaming and digital history being backed up and forever available on the blockchain as opposed to games that were wiped when a user was deleted or the game was uninstalled.
Find out more on enjin.io
& 3 metaverse projects to approach with caution
The main Radio Caca project is called the Universal Metaverse (USM) and, like the aforementioned metaverse projects, it will allow users to own land, build buildings and create and play games. It currently offers NFTs in its marketplace and has been talked about by CZ, the CEO of Binance. It’s hard to tease out Radio Caca’s USP on its website that is overloaded with information and stuffed with technical metaverse terms.
Find out more on radiocaca.com
Kalao is an NFT ecosystem that will host a marketplace and NFT showroom. It also proposes selling luxury goods and event tickets. Kalao launched on the Avalanche blockchain and so its success is tied in with this. While it’s a good NFT project, its launch on Avalanche deters me because of my investments in Solana and its multitude of dexes and metaverse offerings. Further, Bloktopia will likely offer users space to showcase their NFTs in the metaverse.
Find out more on kalao.io
Polygod is a virtual reality metaverse built on the Polygon blockchain. It’s got Norse gods, vikings, spells and lots of destruction. Players from across the world can battle, trade NFTs and win pooled prizes. The game is set to launch mid 2022. Its team are looking to launch more games after its initial viking-themed metaverse offering. It’ll always have a niche following but it’s unlikely to ever have a global uptake.
Find out more on polygod.io/
This is strictly my opinion. Do your own research before investing in any of the above projects.
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