19 Apr The Top 3 Metaverses That Everyone Should Know About
Over the past two years, metaverse technology has advanced significantly. Developments in this field have been driven by billion-dollar investments by leading tech firms. The potential of the metaverse is becoming more evident. Here is a list of the most-advanced metaverses you should know about in 2022.
Decentraland was one of the earliest metaverse projects in the world. It introduced the concept of verifiable ownership for in-game items. This concept provides tremendous opportunities for growth, which Decentraland has taken full advantage of.
Decentraland was designed as a decentralized virtual reality (VS) online space, which is secured by the Ethereum blockchain. Within this metaverse, users can create, experience, and monetize their experiences, content, and applications. 3D land in the online virtual world is permanently owned by the members of that world. Members have absolute control over their land, just like they would with physical real estate. The platform allows avatars to be created to explore and purchase land and build structures such as virtual cinemas, playgrounds, and galleries.
Landowners can control what content is published in their plots, which could be 3D scenes, interactive games, and even ads. Since Decentraland runs on the Ethereum blockchain, it is not controlled by a central organization. Everything is controlled by a Decentralized Autonomous Organization (DAO).
Another notable blockchain-based metaverse is Sandbox. Within this metaverse, users can create, build, buy, and sell digital assets. Sandbox combines the power of a DAO and NFTs to create a thriving gaming community. Like Decentraland, Sandbox is built on the Ethereum blockchain. It became available in 2012 as an open-world mobile game and was later developed into a PC version in 2015. The alpha version of the game launched on November 29, 2021. It was acquired by Animoca Brands, a leader in NFT gaming, in 2018. Animoca re-designed the game to create a voxel-based, blockchain-powered version of the game.
There are several types of tokens within its circular economy. Its main tokens are SAND, LAND, and ASSETS. SAND is the Sandbox native token and is used to power all transactions and interactions. LAND is designed as a piece of virtual real estate within the metaverse. Each land is a unique NFT that is an ERC721 standard Ethereum token. ASSETS are ERC1155 standard tokens, and they are created by users who create User-Generated Content (UGC). These ASSETS can be traded on the marketplace, and their main utility is to be the creative elements within The Sandbox Game Maker.
Somnium Space is a virtual reality metaverse that was created by Artu Sychov. The first draft of the platform launched in 2017 and in September 2018, the game became available to the public. The game is based on uneven land that is backed by ERC20 tokens called CUBEs. Users can access them using VR, PC, and Web, which can be accessible on mobile devices.
There are 5000 parcels within omnium Space, which are unevenly divided into individual plots that were pre-generated on a map. Occasionally, new land is released. With the Somnium Builder, users can create their own place from generated assets.
One unique aspect of Somnium Space is that users can opt to live forever within the metaverse, where they will automatically be recorded on their virtual property for future analysis by AI. Even where users no longer have access to the platform, AI will bring their avatars to life. The team plans to launch a Unity SDK soon.