Metaverse in the gaming world. Picture Courtesy: Data Driven

Metaverse in the gaming world. Picture Courtesy: Data Driven

Best Projects in Metaverse ft Gaming

Community Aug 5, 2022

We have listed and reviewed many of the top Metaverse projects in the industry right now like The Sandbox, as well as new upcoming projects.

Overview:

  • The Metaverse as a concept has high potential and has attracted the attention of many industries outside of the cryptocurrency and blockchain technology sector.
  • Sony invested $1 billion in the metaverse with Epic Games in Q1 2022.
  • Cryptocurrency projects with a basis in the Metaverse have been the latest exciting development in the industry.

The Metaverse provides users with the freedom to create, grow, and explore virtual worlds. Many VC investors are pouring billions of dollars into play to earn gaming and metaverse projects, for example, Sony invested $1 billion in the metaverse with Epic Games in Q1 2022. Sony and Epic Games are two video game giants known for the PlayStation and Fortnite series.

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The Metaverse as a concept has high potential and has attracted the attention of many industries outside of the cryptocurrency and blockchain technology sector. Now that we will take a quick look at the best Metaverse NFT projects.

Souls of Nature

Picture from Souls of Nature: Picture Courtesy: Souls of Nature

The new project Souls of Nature, which started in 2022, has a lot of potentials. With its own tradeable NFTs and the aim of preserving endangered species and their ecosystems, Souls of Nature is both a metaverse game and a comprehensive metaverse project. The Souls of Nature collection, which will be available in 2022 as part of their forthcoming NFT drop, will have 9,271 different animals NFTs. The world's organisations that fight to protect endangered species of animals and their ecosystems will get a share of the mint's earnings as a donation.

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Through numerous tasks in the Souls of Nature metaverse, your animal avatar will be able to advance and change, enabling you to earn cryptocurrency while supporting environmental and animal welfare causes. For a project that is still in the planning stages, the Souls of Nature metaverse images on the website seem to be pretty amazing. By the end of the year, the project will also have its own native currency, $ZOOIE. Additionally, a beta version of the game will be available to all ZOOIE owners early.

Real Estate Investment Club

Real Estate Investment Club. Picture Courtesy: REIC

One of the visual designers from the Grand Theft Auto and Red Dead Redemption video games produced the NFT collection Real Estate Investment Club, which is made up of excellent, original, and generative NFTs. Real estate and financial specialists will be able to gather, exchange ideas, and socialise in REIC - Metacity, a virtual community. It will be the destination for those who want to learn about finance and real estate. Players in the metaverse have the ability to monetize their goods and services to build a thriving economy.

The REIC MetaHQ is located in the middle of REIC - Metacity. To establish a central HQ that is highly polished and deserving of the title, a team of developers, designers, and architects will work particularly on this building. Members of the Real Estate Investment Club will gather and hang out mostly at the HQ. The group plans to conduct gatherings there, provide educational and consulting services, give access to the industry's top players, and present potential investment possibilities.

Real estate assets will someday be tokenized on the blockchain, according to the REIC team. They also think that these tokens will be fractionalized and divided into tiny parts to reflect real estate holdings. They want the REIC to lead the way in developing the essential infrastructure for real estate tokenization and worldwide accessibility.

The fact that Unreal Technology 5, the game engine used to create Gears of War and Fortnite, will be used to construct REIC - Metacity is fantastic. This implies that the universe will be of high quality and include amazing, tried-and-true gaming mechanics, making it competitive with the best games made today. Overall, if you want to learn how to become a shrewd real estate investor, Metacity is without a question the ideal place to hang around.

Gala

Picture from Gala. Picture Courtesy: Gala 

Gala is a decentralised gaming and metaverse project built on the Ethereum blockchain. The project's objective is to give the community back control. Gala wants players to choose the path of their favourite games, rather than having developers dictate it. The Battlestar Galactica blockchain game will take set in the same world as the reinvented series, around 40 years after the First Cylon War. Every season's first Cylon assault brings with it a new set of circumstances that survivors must prepare for and adapt to. The government, technology, and militarism of each colony will be unique. These coalitions will need to actively communicate and plan to decide the outcome of each season.

They don't say how NFTs would function or which components would be included in their announcement article. After announcing GRIT's availability on the Epic Games Store, the Gala Games team will be under a lot of pressure to live up to expectations. Everyone can take part in the games since they are all immersive and open-ended on this blockchain. They also employ NFTs since consumers own whatever they buy or acquire in-game. This suggests that players may always buy and sell items on or off the GALA platform. The standard method of trade in Gala's games will be the native token GALA. This will boost player involvement and guarantee that the token's usefulness is maintained.

Otherside

Picture from Otherside. Picture Courtesy: Otherside

The Bored Ape Yacht Club is one of the best NFT collections we've ever seen. 10,000 NFTs made using an algorithm were the first ones to go online in April 2021. The Bored Ape Club sells some of the most costly NFTs. The company that created BAYC, Yuga Labs, has started work on creating its massive metaverse project. It's a new initiative with the name Otherside. Users will be able to traverse between them thanks to Otherside's own metaverse, which will provide an interoperable experience. The project includes NFT collections including Cool Cats, World of Women, CrypToadz, and others. In this way, the metaverse will be similar to an open-world game, allowing collectors to own land and engage with varied ecosystems and the unique species that live there. $450 million has been raised by Yuga Labs for the metaverse's expansion. Yuga plans to use ApeCoin as its main money in Otherside. The same firm that created The Sandbox, animoca brands, is also working on The Otherside in conjunction with them.

This suggests that there could be a connection between the two metaverses. NFT owners will be able to utilise their NFTs as playable characters when Mutant Ape, Board Ape, CryptoPunk, and Kennel Club NFTs debut. Meebits will eventually be available, but it doesn't seem like they will be at launch. Another important aspect of the Otherside is the available land parcels. In metaverse games, it's usual to sell virtual land, and the Otherside has done likewise. There are around 200,000 land plots in this metaverse, each with a different global position. In the last week of April, they sold their first Otherdeeds for the Otherside. Be aware that the name "Otherdeeds" simply refers to NFTs that represent individual land parcels, and that the launch of the Otherside comprises 55,000 Otherdeeds.

Decentraland

Picture from Decentraland. Picture Courtesy: Decentraland

Decentraland may best be understood by contrasting it with sandbox video games. Two well-known examples of this genre are The Elder Scrolls and the GTA series. The closest comparison is probably Minecraft, which also makes use of low-poly 3D images. As a consequence, users may communicate, explore, and do business over a vast map. They may also produce content that can be sold afterwards. A pure metaverse platform called Decentraland was created using the same concepts as classic video games like Sim City. It offers players virtual land that they may buy and then develop by setting up infrastructure. There are 90,601 plots available on the platform, each measuring 16 metres by 16 metres. A non-financial token (NFT) called a plot may be purchased using bitcoin. Decentraland's currency is MANA, a native ERC-20 token that is only available in a limited supply.

The platform burns a part of its MANA supply whenever someone purchases a non-fungible token (NFT). "Non-fungible" designates a certain kind of item. A piece of art is non-fungible, but money like Ether or MANA is. MANA's price in January was $0.08. Mid-April saw it hit $1.6 thanks to recent media coverage. Outside of Decentraland, it is worthless. Its main objective is to simplify the process of buying LAND parcels. When the site originally opened in 2017, its creators sold LAND for around $20 per unit. 3333 feet is the length of a plot of land. During the first auction, users paid over $161,000,000 MANA for 34,356 LAND parcels, totaling about $30,000,000. Both the Decentraland Marketplace and secondary marketplaces allow for the purchase of LAND. It's a non-fungible token, and they have become more well-liked recently.

You can also download the Tournafest app from Google Play or App Store to play Esports Tournaments & Scrims games like BGMI, Free Fire MAX, Call of Duty, CS: GO, Valorant, Pokemon Unite & win exciting rewards! You may also organize Tournaments & fetch unmatched perks.

Until next time,

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Manish Gupta

I’m a creative thinker. I think it’s important to approach tasks and issues from different angles, rather than doing what has always been done. By having an open mind and taking a different approach.