The blockchain is moving fast, and so is the Metaverse. Which blockchain do you think will be at the Top? There are several to choose from currently. Feel free to leave comments on Metaverses for more discovery.
Top 4 Blockchain Metaverses
This post will cover what I see as the top 4 blockchain metaverses currently on the market. These are not listed in any specific order.
Decentraland (MANA) Metaverse
Decentraland is controlled by a DAO (Decentralized Autonomous Organization). Those who do not know what that means are owned by the users instead of a company or single entity. It is like having an employee-owned company.
Decentraland provides a fantastic experience for the VR world. You can buy and sell avatars, wearables, land, estates, and names from the Decentraland Marketplace. You will need MANA, an ERC-20 token, to purchase items in the Decentraland Metaverse.
Decentraland has a simple builder to create scenes, challenges, artwork, and much more. You can use the SDK to develop social games and applications if you are more tech-savvy.
One of the top features is joining concerts and festivals in VR. The leading drawback for me is the fact that it is built on ETH, which is notorious for high gas fees.
The Sandbox (SAND) Metaverse
The Sandbox gives me the feeling of a more high-end Minecraft. It is a virtual metaverse that allows you to build, own, play, and monetize your virtual experiences.
The Sandbox offers some great features with the play to earn model, make money off of your creations, and the ability to join events and private parties thrown by Snoop Dogg.
The cons on this one are the same as Decentraland and the ETH gas fees.
Star Atlas (ATLAS)
Star Atlas takes the Metaverse Extraterrestrial. Own a spaceship, create or join a faction, and make your world.
As a holder of the governance token POLIS, you can be part of the decision-making to determine the fate of the metaverse and the rules that control it. ATLAS is the token used in-game and can also be used to purchase POLIS.
Star Atlas runs on the Solana metaverse blockchain. Solana is more scalable and more affordable than the ETH blockchain.
Axie Infinity (AXS)
Axie Infinity is one of the most popular games with 250,000 daily active users. The players own tokens, called AXS, which give them a stake in the ownership and operation of the game. Players can build kingdoms, search for rare resources and hunt for treasures. The most engaged players earn rewards through the metaverse blockchain.
Axie Infinity Shards (AXS) are the glue that binds all Axie community members together. Axie Infinity Shards are an ERC 20 governance token for the Axie universe.
AXS holders will claim rewards if they stake their tokens, play the game, and participate in crucial governance votes. Players will also earn $AXS when they play various competitions within the Axie Infinity Universe and through user-generated content initiatives.
Which Blockchains Will Be Top In The Metaverse Conclusion
Out of the four metaverses, three utilize Ethereum, and one uses Solana. There are plenty of other Meta-verses out there to review and test.
Even though ETH is currently the most popular, I do not believe it will be the leader. ETH is great for lite data finance applications but is not as scalable and affordable as some of the newer special-created blockchains.