A Fascinating Behind-the-Scenes Look at Top 10 Metaverse Alternatives
If you are in search of the top 10 Metaverse alternatives to look out for in 2022, then you are at the right place.
With the extent to which the number of Metaverse cryptocurrency projects is increasing, one cannot deny the fact that Metaverse is a distant dream. Yes, undoubtedly, Bitcoin and Ethereum are always high in demand but altcoins like Dogecoin and Shiba Inu, as well as terms like non-fungible tokens (NFTs) and the metaverse, have had their share of popularity too. Out of all these, there is one term that has been doing rounds for quite some time now. Yes, you guessed that right. It is a “metaverse” – a parallel digital universe, where one can explore, meet people, and do many things you might do in the real world. If you are in search of the top 10 Metaverse alternatives to look out for in 2022, then you are at the right place. Read on to learn more!
What can get better than a platform that allows people to create, store, list, and trade NFTs all in one place? Well, this is what Enjin has in store for you. Additionally, this Metaverse platform has emerged to be a platform with lower fees. This is one of the biggest reasons why most of the projects are showing an inclination toward it.
SushiSwap enjoys wide recognition as a popular decentralized exchange that allows users to buy and sell digital currencies. Well, that’s not all. All this without requiring a centralized third party. Its popularity is so much so that its market capitalization in early 2022 has left everyone stunned. Its popularity has since resulted in SushiSwap surpassing a market capitalization of US$500 million very early in 2022.
In this computer-driven world, we are always in need of visuals, which require a lot of processing power. This is where Render comes into play. Render is one decentralized network that makes use of people’s idle graphics processing units (GPUs) to create those visuals. Additionally, Render can provide companies with state-of-the-art graphics in an affordable and scalable way.
Axie Infinity is a big player as far as Metaverse is concerned. It is a “battle game” where users battle their Axies (creatures or characters) in real time. There’s a specialty about Axies. Wondering what? Well, each Axie is a unique ERC-721 non-fungible token (NFT) and AXS holders can claim rewards by staking tokens, playing the game, and participating in governance. How amazing is that?
Decentraland has evolved to become a very well-known Ethereum-based “virtual reality platform”. Here, you can buy, build upon, and monetize plots of virtual land. This metaverse platform makes use of two tokens — MANA and LAND. The MANA tokens can be used to pay for avatars, wearables, names, etc, on the Decentraland marketplace.
Have you been ever fascinated by how HD avatars of real-world objects and persons are created? This is where Metahero comes into the picture. It does all of this using 3D scanning. Metahero as a company has even installed a scanning chamber in Doha that scans objects and creates their digital, 3D forms for the Metahero universe. HERO is Metahero’s native currency. A point worth mentioning is that it has a significant market cap of over $494 million (as of the beginning of 2022).
Wilder World has become quite famous these days. Well, how wouldn’t it be? This 5-D metaverse platform is now home to several games and NFT-based projects. With this, the users can buy condos in Wiami (a virtual city based in Miami). Hold on! There’s more to it. The users can buy NFT cars as well to cruise the streets.
Sandbox is yet another metaverse platform where players can buy as well as develop land, build games, and create and trade non-fungible tokens (NFTs). This is the biggest reason why Sandbox has made it to the list of top 10 Metaverse alternatives to look out for in 2022.
Everybody is aware of how good a cryptocurrency Ethereum is. Another reason for its popularity can be attributed to the fact that the Ethereum network is the most active blockchain globally. Also, Ethereum is quite popular for purchasing real estate in the metaverse.
Bloktopia is a decentralized metaverse platform that is built and backed by Polygon. As known to many, the polygon is one of the leading blockchains in the world. No wonder why this finds itself in the list of the top 10 Metaverse alternatives to look out for in 2022.