In October of 2021, Mark Zuckerberg announced that Facebook would be rebranded to Meta, which caused the price of anything related to the metaverse to skyrocket.
After this announcement, metaverse stocks and cryptos spiked overnight, with metaverse avatars, gaming projects, and virtual properties going for millions of dollars.
We bring you the Top 10 Metaverse Projects February 2022 Strategy Report to keep you in the loop with all these exciting metaverse happenings. Read on.
The top 10 Metaverse projects:
We began the list of the Top 10 Metaverse Projects with Sandbox.
It’s one of the most promising Metaverse initiatives. Sandbox could spark the interest of many. It’s a game for more than just players; In the Sandbox Metaverse, anyone can participate.
Sandbox is a game centered around users. The goal of this project is to create a world-class Metaverse without a centralized authority, allowing everyone involved to vote and decide together on the future of the game.
Users can create their own decentralized virtual environment based on blockchain technology in the Sandbox metaverse.
The SAND token is the currency for all types of transactions within The Sandbox. In addition to being a medium of exchange, it is also a value-accumulating token. Users are able to buy services or assets and trade them.
The Sandbox metaverse is a highly refined version of Minecraft, a fully functional 3D world. Users can access the environment, purchase land, establish it, trade it, and create interactive possessions by using the available tools.
You should certainly check out Sandbox, it has already made huge waves in the Metaverse.
Everyone is talking and investing in Decentraland, the inovative digital real estate. The popularity of Decentraland skyrocketed after Facebook changed its corporate name to Meta.
Decentraland is a blockchain-based platform that permits users to explore, establish, and trade using NFT innovation. It works on the Ethereum blockchain.
Decentraland is a decentralized virtual world built on Ethereum’s blockchain where virtual plots of land can be purchased and sold. Users may create their own micro-worlds by creating virtual goods, like trees, aircraft, and much more.
In the Decentraland metaverse, you may play video games, run a cryptocurrency casino, host occasions.
You can even show your NFT art, and explore other people’s works. The Decentraland Structure, a non-profit organization, is in charge of the virtual world, devoted to helping the metaverse’s growth.
So far, Decentraland has delivered on what it promises, making it one of the top gainers in the metaverse.
Sky Mavis develops this video game.
In this game, players fight cute creatures called Axis while accumulating cash. You can then use the cryptocurrency to trade, breed, increase, and even buy land.
In many ways, Axie Infinity is similar to Pokemon. Axis are animals you can raise and then use against other players.
With Axie’s fully player-owned economy, players can trade their game assets for digital currency seamlessly. This is done by utilizing Axie’s game assets as tokens.
Blockchain economic design makes Axie unique from traditional games in that it enables complex player-owned economies and rewards those players who attain advanced levels of skill.
Axie Infinity uses the play-to-earn concept. This means that you get real-world cash prizes the more you play the game. For fiat cash, you will, of course, need to exchange the tokens or ETH.
As Metaverse becomes more prominent, the Axie value will likely increase.
The video game Star Atlas, set in 2620, is played in virtual reality. The Star Atlas metaverse is a next-generation virtual world built on Solana.
Digital entertainment, blockchain, and gamification leader Animoca Brands has joined the Star Atlas metaverse community as a stakeholder.
Right now, this is one of the most anticipated games – a space exploration and strategy game. In Star Atlas, conquest, political dominance, and resource events are included.
The game lets its players build their fortunes in space, explore various planets and stars, and join the intergalactic community.
The in-game government system of Star Atlas is called POLIS.
A marketplace in Star Atlas allows players to exchange resources inside and outside of the game. Aside from Mining Towns, Star Atlas also includes resource-rich areas of economic activity.
It might be worth checking out Star Atlas Metaverse.
Bloktopia is a decentralized metaverse based on Polygon and created to deliver a unique VR experience for the crypto community and bring users together in one immersive and participating virtual world.
Fundamentally, it’s a Skyscraper with 21 floors intended to pay tribute to 21 million Bitcoin. It will operate as the main hub and include all crypto experience and knowledge stages.
In Bloktopia, VR technology can be used to link, play video games, have fun, and compete in many ways, providing a first-person perspective unavailable elsewhere.
This will be the first time users have access to crypto information and interactive content under one roof.
Bloktopians will be known as token owners, and Bloktopia will act as a central hub, welcoming crypto enthusiasts of all levels. Users will be able to connect to crypto information and engaging material all in one place for the first time ever.
Through the ownership of the real estate, advertising revenues, play-to-earn concept, and many other opportunities, players will earn revenue in the Bloktopia Metaverse.
Bloktopia’s four main principles
1. Learn: This is the first component and was built on the premise that crypto can be pretty challenging to steer around.
Information and resources on crypto are sown randomly around the Internet in places such as YouTube, Telegram, Crypto Twitter, etc., where they are very disorganized. The goal of Bloktopia is to address this challenge by positioning itself as a central hub where users can gather and learn in an open, caring environment.
2. Earn: Bloktopia offers opportunities to earn revenue through the many income streams it provides. To build wealth, Bloktopians have many avenues such as Bloktopia real estate, passive earning, staking, and advertising.
3. Play: This is another integral part of any metaverse, and one cannot imagine relaxation, fun, or competition without it. Bloktopia allows users to play interactive games, converse with friends, and network while experiencing a virtual reality world from a first-person perspective.
4. Create: Lastly, development projects will volunteer their users a chance to push the boundaries of their cleverness by establishing scenes, artworks, challenges, and more, applying the simple make tool, and then taking part in affairs to triumph prizes.
Bloktopia appears to be a promising project that could quickly become a major player in the Metaverse.
Mines of Dalarnia:
A mix of dungeon game genres and mining is the premise behind this action-adventure game.
While fighting enemies and hunting for rare relics and artifacts, players combine various in-game items to unlock the secrets of the MoD metaverse.
Participants are divided into two categories, miners and landowners.
A miner is a player who mines in a dungeon and on their own land or rented land.
The game token, Dar, is used for all purchases in the game.
This game can provide a great passive income opportunity since you can rent and mine your land to earn Dar tokens. Dar is not only mined, but you can stake it on different planets, adding even more passive income.
The Mines of Dalarnia is definitely worth keeping an eye on.
With its vision to bridge traditional games with blockchain technology, UFO Gaming is a decentralized gaming platform built on Ethereum.
UFO Gaming features the UFO cryptocurrency, the native utility token used in their Dark Metaverse.
Each planet in UFO Gaming’s Metaverse will include a unique set of games and allow players to purchase pieces of land via NFTs.
Super Galactic is the first game or planet in their Dark Metaverse. Developed on the Ethereum network and integrated with a hyperscalable Polygon L2 solution, Super Galactic is a decentralized game with a unique NFT collection.
In Dark Metaverse, the ever-expanding realm and infinite ecosystem will consist of P2E games, breedable NFTs, earning virtual land, and the Metaverse Launchpad (which requires UFO tokens to operate).
Be sure to keep your eyes out for this one as well.
Vulcan Forged PYR:
Vulcan Forged was built to be an easy-to-play and easy-to-build ecosystem that facilitates the development of world-class blockchain games by supporting developers through its development programs, incubation, and crowdfunding.
A one-stop shop for blockchain game enthusiasts, Vulcan Forged offers popular games as well as a vast NFT marketplace to buy and sell digital assets in-game.
Players in Vulcan Forged can earn money by playing battles, exploring the map, upgrading their land, and exploring the ancient world of mythology.
Vulcan Forged’s most popular game is VulcanVerse, where players buy land and upgrade it while earning non-fungible tokens (NFTs).
The PYR token controls all staking, settlement, and utility functions.
Vulcan Forged is definitely worth checking out, judging by what it can offer.
To date, Sidus represents the biggest collaborative effort across the NFT space.
Three teams of professionals with various backgrounds and many supporters teamed up to launch a AAA video game based on crypto technology.
Sidus Heroes combines Play-to-Earn, NFT, and RPG gameplay to provide a unique gaming experience for the blockchain gaming industry.
Some traditional NFT gaming components are incorporated in the game, such as the DAO community and NFTization of in-game items.
With WebGL integrated into its technical architecture, Sidus Heroes is the first blockchain game to utilize this technology. Interactive 2D and 3D graphics are rendered using this technology within any compatible web browser.
No matter which device they own, anyone in the world can engage in SIDUS gaming scenarios and benefit from the play-to-earn model.
The team has a driving ambition to create game-changing projects with solid development plans for the next 5–6 years.
It is possible for Sidus Heroes to follow in the footsteps of such cyber hits as Axie Infinity and Star Atlas.
What is Spintop? As the team claims, Spintop is the Ultimate GameFi Ecosystem.
Spintop is an exclusive gaming platform that uses blockchain technology to allow the community to discover and play games, trade their tokens, and earn together through a shared economy.
All of this is done by using an MMR mechanism, which is curated by a team of experts.
Spintop’s blockchain gaming hub also utilizes web3 to offer players, traders, and investors a comprehensive experience. Thus, Spintop’s blockchain gaming tools cater to everyone, whether you’re a developer, a gamer, or an investor.
There are four main products in Spintop, all acting together socially and based on user profiles:
Gamepedia: It is a unique community-driven gaming guide in which games can be accessed, rated, categorized, and filtered based on their tokenomics, smart chains, and development status. Both critics and users also do reviews of games.
Spindex: A decentralized exchange (Dex) pools gaming tokens to increase liquidity and encourage yield farming.
Guild Maker: Is a meeting place for play-to-earn sponsors and scholars. A sponsor may burn SPIN to create yield guilds, recruit scholars, and compete with each other.
NFT Marketplace: NFT marketplace will be the supply zone for the guilds, users, and games to list their NFTs for sale or lending.
Spintop also appears to be quite promising, so we’ll keep looking into what they do in the future.
Metaverse cryptocurrencies have been exploding in price recently and it seems likely that this trend will continue well into the near future as the metaverse develops.
That concludes our Top 10 Metaverse Projects February 2022 Strategy Report. We hope you found it interesting and insightful. Thanks for reading!
Disclaimer: The information provided on this page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. This content is the opinion of a third party, and this site does not recommend that any specific cryptocurrency should be bought, sold, or held, or that any crypto investment should be made. The Crypto market is high-risk, with high-risk and unproven projects. Readers should do their own research and consult a professional financial advisor before making any investment decisions.