What is Metaverse?

The metaverse (a combination of "meta-" and "universe") is a proposed iteration of the internet that would allow users to access persistent online 3-D virtual environments via traditional personal computers as well as virtual and augmented reality headgear.

According to Facebook, We shall all engage in a mashup of the digital and physical worlds, according to Facebook's metaverse vision. We will eat, converse, date, shop, and more with digital replicas of ourselves. Mark Zuckerberg painted this vision when he rebranded his firm Meta a few weeks ago.

Neal Stephenson famously coined the term “metaverse” in his 1992 novel Snow Crash, where it referred to a 3D virtual world inhabited by avatars of real people. Lots of other science fiction media include metaverse-like systems (some of them predating Snow Crash). But Stephenson’s book remains one of the most common reference points for metaverse enthusiasts, along with Ernest Cline’s 2011 novel Ready Player One.

The Metaverse is a vast network of permanent, real-time rendered 3D environments and simulations that enable continuity of identity, items, history, payments, and entitlements, and maybe experienced simultaneously by a virtually infinite number of users. 

Metaverse that term it was coined by science fiction writer Neil Stephenson in his 1992 novel Snow Crash.

If you’re a fan of Sci-Fi that probably rings a bell for you so that’s just a little bit of trivia right there.

Here’s the big picture I believe that the crypto Metaverse will become a multi-billion dollar industry. It could honestly be worth that if you just look at the expansion right, the expansion relative to what’s happening in crypto, but also what’s happening to online gaming.

If you just look at online gaming it’s already worth nine figures. It’s a multi-billion dollar industry and it’s only growing even more every single year, and then if you look at other businesses different industries that are connected to it there’s a lot of potentials.

I’m going to give you the 10 crypto Metaverse projects that I believe you should know right now. I’m not saying that you should buy the tokens related to it that you should invest in it, but if you want to understand more about all of the stuff that’s happening. These are things you should know it’s perfect for beginners, and if you’re experienced in the space then this is a good refresher for you.

These are the top Metaverse projects mostly by market cap, but I’m also throwing some additional projects in here that are worth understanding there’s a lot of just focus on gaming, media, and entertainment. I’ve mentioned this in previous posts, but I’m going to keep on mentioning this in the future. This is a really big segment, and I really think that you should pay attention to it.

Let’s go through this stuff again these are just brief teasers on all of this and then highly recommend that you do your own research

1. Decentraland

This is technically been around since 2015, but it got more publicity starting from around 2017. I’m just showing the dates here it’s not necessarily when it was founded, it’s mostly when people started to talk about it a bit more, and the other reason I’m putting the dates in here is to really show you visually that you’re really early in the space.

Website: https://decentraland.org/

A lot of these projects haven’t been around even for more than a few years. The ones that I’m talking about right here they’ve been around for four or five years.

2. Sandbox

Really got big in 2019 and then of course it got more popular lately why is it special well the founders they come from an IOS, Android App background they come from that World, and I think this is really special because it could signal a new shift from mobile app gaming to Metaverse gaming.

Website: https://www.sandbox.game/en/

I know that there’s a lot of people that play mobile app games, of course, everyone plays. It you know at least someone who plays it maybe you play it yourself, I believe that we’re just at the beginning of actually transitioning mobile app users to Metaverse app users, and then of course they can go into VR headsets, desktop, consoles things like that, but there’s a big user base very active.

3.Axie Infinity

What’s the next one? Axie Infinity, this has been making a lot of waves lately a lot of people have been talking about it right. Why is it special?

Website: https://axieinfinity.com/

I believe that they really made a play to earn plus NFT gaming a lot more popular. They weren’t the first to do it there were a lot of other brands and games and different types of platforms that did it, but if you’re looking at anything that plays to earn, plus NFT, plus gaming, plus Metaverse, plus crypto, and you want to know what’s really popular what kind of started it, earlier in the year or kind of the year before that it’s Axie Infinity.

4. Bit Country

What about Bit Country, why is it special?

Website: https://bit.country/

You can start your own Metaverse 3D world, social tokens, NFTs games, etc. A lot of people forget that hey you can actually start your own Metaverse, if you like this stuff so much you can actually do it, and this is one of the platforms that are gonna allow you to do it.