This guide shows you how to join and access the Metaverse
With the full potential of the Metaverse, there are many ways to enter it and get a taste of the futuristic world. For years, companies have been developing variants of their own “Metaverse” based on blockchain, cryptocurrencies, and global communities.
However, it’s not simple to sort out how to join the metaverse. You might need a little guidance if you want to be one of the first researchers to discover what an “embodied Internet” could mean for the way we live and work in the coming years.
Do Cryptocurrencies have any role in the Metaverse?
In the Metaverse, anything can happen. And we mean anything because, to some extent, no one knows what the future holds. Today, gaming and entertainment are at the forefront because these industries have the most developed infrastructure that can be embedded and evolve in the virtual world. Their virtual economy is a significant contributor to this.
There is no point in living in a Metaverse if no economy can support its users’ activities. Creating easily monetizable value is an essential element of any virtual world. Remember that all kinds of activities can occur in a Metaverse, and users must have a strong enough incentive to enter and remain in it. Competition, scarcity, supply, and demand are real economic relationships that each of us understands.
A decentralized blockchain-based economic model significantly bridges the gap between gaming and the Metaverse, ushering in a new era of digital assets and money-making opportunities. Blockchain-based currencies make it possible to create securely, exchange, share and track all assets in a Metaverse. It seamlessly allows users to move objects between the real world and the Metaverse.
Metaverse is everywhere!
As mentioned above, several virtual worlds already exist. Video game platform Roblox has participated in meta events such as Gucci’s 100th anniversary and the opening of the NFL’s first meta game store. Its competitor, Fortnite, is no slouch and has hosted mega-successful virtual concerts by Ariana Grande, Travis Scott, Marshmello, and others. But the evolution of the Metaverse has many aspects and is likely to follow some trends that are already emerging:
Businesses:
With much of the world’s population switching to telecommuting due to the emergence of the COVID-19 pandemic, online work is already a reality for many of us. Metaverse will be just an extension of this process that Facebook (sorry, Meta) has already tried to show us with Horizon Workrooms. Other companies, such as Microsoft, are following suit, and we can expect even more companies to try to send their employees to Metaverse.
Gaming Industry:
It’s fun, and you can be a friend with other and earn a lot of money. That’s why games like XANA, Decentraland, Sandbox, and Illuvium are at the forefront of the Metaverse. With a robust social network and decentralized economy at their core, platforms like these will likely attract the most Metaverse users.
Entertainment:
In the Metaverse, leisure time can be completely different. From interaction with real users to friendship with AI-controlled avatars to fantastic virtual concerts of your favorite artists, the Metaverse takes entertainment to a new level. Sensorium Galaxy is one of the Metaverse’s out-of-the-box experiences.
Created in collaboration with leading artists such as David Guetta, Armin van Buuren, and Steve Aoki, the Metaverse offers a wide range of music that appeals to a complete universe of fans. In addition to a world dedicated to music, Sensorium Galaxy will feature other content hubs, including a world for meditation and self-realization.
Real Estate:
Don’t have a lot of money for rent? Can’t afford to buy a house? No clear path out of the rat race? While real estate may be out of your reach, buying a virtual property can make you rich. A few days ago, Decentraland set a new Metaverse record by selling a “virtual estate” for $2.4 million. You will find not only plots of land but also houses or even yachts (with helipads, Jacuzzis, and DJ booths) for those who prefer more exotic real estate options.
But as for the virtual world, you will most likely find whatever you want in it, whatever your area of interest. With many such players, the possibilities of virtual worlds are limited only by imagination.
Top Metaverse Platforms to Join In 2022
Decentraland
The Decentraland metaverse platform was one of the first platforms to develop a proof-of-concept for the platform, paving the way for its market dominance. Since the company launched its metaverse platform in 2020, it has experienced a massive surge in popularity. Decentraland is a virtual reality environment that allows users to create content, interact with other users, and earn money, primarily through investments, and other digital assets.
Epic Games
Aside from its blockbuster video game Fortnite, Epic Games has also developed virtual music events and dance parties. These events are ways to interact with groups outside of its core battle royale game. As a result of Travis Scott’s virtual event hosted recently on Fortnite, Epic Games has established itself as one of the most popular metaverse platform reason for this is that enthusiasts will want to explore in 2022.2022.
The Sandbox
In the Sandbox, investors are able to sell, buy, and trade virtual plots of land through a blockchain-based game platform. Sandbox uses the Ethereum Blockchain as the platform’s foundation. The Ethereum blockchain is widely regarded as stable and secure. In order to pay transaction fees on the Ethereum network, investors may use SAND tokens. The developers have created their own Ethereum-based token, SAND.
Roblox
One of the top metaverse platforms where users can play games created by other users is Roblox. Currently, the platform has over 20 million games published by its users, and many developers earn as much as US$1 million each year by monetizing their games. As part of the effort to create a metaverse, Roblox recently introduced a spatial voice chat feature to enhance virtual and real-life conversations.
Bloktopia
In the metaverse, Bloktopia is one of the top platforms that aims to honor Bitcoin, which has a maximum limit of 21 million users. In its virtual reality skyscraper, Bloktopia users can create avatars, participate in social activities, learn about cryptocurrency, and purchase metaverse ‘real estate’. In addition to creating artwork, investors can also use this feature to design games, obstacles, sequences, and more using a builder tool.
How are brands entering the NFT Metaverse?
Companies are creating virtual stores where customers can view and interact with spatial or 3D products, such as jewelry, cars, or other digital goods. For example, customers can interact with AR, try makeup or sunglasses, and visualize the furniture in their homes. The digital real estate metaverse is booming; XANA is a case in point.
It recently organized a virtual fashion show in collaboration with major fashion brands. The models were auctioned off as NFT. Some big brands, such as Nike and Gucci, offer digital products with which avatars can be customized, such as sunglasses, shoes, handbags, and hats. Disney, Coach, and Keith Haring also enable the NFT metaverse for users by hosting virtual pop-ups.
Visitors can purchase virtual and digital gifts, such as Mickey’s ear, finger separators, hoodies, and AR filters. Snap has also joined the NFT Metaverse league, allowing users to use the AR platform to try on hats, sunglasses, and shoes.