The Metaverse concept is still fresh, and thousands of people are approaching DAOs, NFT collections, and crypto estates out of curiosity, chasing after the promise of lucrative opportunities.
The truth is, not every Metaverse is actually a ‘metaverse’. Many emerging projects have developed just a fraction of their platform while marketing it as the next big thing. Many DAOs are downright scams.
The common denominator that connects most Metaverse projects and platforms is the element of vivid, quirky graphics. Bombarded with an array of bright lights and moving images, people often want to explore and become drawn. To help you find the best Metaverse platform in 2022, I’ve handpicked the most trusted, best-designed platforms, so let’s begin.
7 Best Metaverse Platforms In 2022
Here is my list of the 7 best metaverse platforms in 2022.
1. Decentraland
Overview
Decentraland stands out among emerging crypto projects by being the first decentralized autonomous organization (DAO) that blends play-to-earn gaming and crypto real estate elements.
Another important element that distinguishes Decentraland from other crypto estate-based projects is the community-driven expansion of its crypto world. Community members can design fragments of artwork, scenes, or entire landscapes, all in virtual reality which are later integrated into the Decentraland metaverse for everyone to enjoy.
Avatars, accessories, nameplates, and custom digital assets can be purchased and used in Decentraland games and universe. The native currency of Decentraland is the MANA token, which can be traded or used for the purchase of digital assets on Decentraland’s marketplace.
Key Features
- MANA cryptocurrency
- Based on the DAO concept
- Unique avatars, outfits, nameplates, and accessories
- Decentraland P2E games
- Community-driven metaverse expansion
What I Like/Dislike About Decentraland
The project has a solid plan and nearly limitless potential for growth. The community members can contribute artwork, which becomes part of the Decentraland universe, raising its value and creating a more immersive virtual world experience.
Although it is unique in many aspects, community artwork usually can’t compete with the professional designs of experts.
Who Is This For?
Decentraland is a growing virtual community that doesn’t impose strict barriers of entry, either in terms of NFT rarity or expensive token costs. It’s great for anyone, particularly people that want to explore the concept of a DAO-based metaverse in augmented reality.
2. The Sandbox
Overview
The Sandbox is among the top-followed crypto projects in recent months, featuring hundreds of thousands of active players, and an even higher number of community members.
The platform’s P2E game features advanced graphics and exquisite digital world gameplay elements. The Sandbox team incentivizes new players with raffle ticket handouts and community boosters, meaning that the already-strong community is daily embracing fresh members.
Utility-wise, the platform offers staking opportunities, the ability to earn by playing The Sandbox, submitting art, or trading NFTs. Aside from the native SAND token, numerous other crypto assets are available on the marketplace, including 2D robot avatars, mounts, clothing, and furniture of varying rarity.
Key Features
- The Sandbox P2E game
- Each NFT type on the market has a different rarity rating
- Staking, holding, and trading utility
- SAND native token
- Virtual Sandbox land can be purchased on Ethereum or Polygon
- Accessible via Windows or smartphones
What I Like/Dislike About The Sandbox
The fact that The Sandbox is backed by reputable partners and an enormous community tells us that the project is likely to prosper in the foreseeable future as a top metaverse platform. I liked the unique gameplay of The Sandbox game and its compatibility with both desktop and mobile devices.
What I didn’t like is the complexity of this metaverse platform. While the game is fairly straightforward, there are too many mechanisms for an experienced NFT trader/marketer to understand, let alone a layman.
Who Is This For?
The Sandbox is a unique platform where content creators can make fortunes by creating Voxel animations, games, or NFTs. If you like to play games, then you’ll have a lot to look forward to, as the Sandbox Game is regularly played by hundreds of thousands of gamers. As for investors and collectors, the finite supply of the SAND token implies that its price may dive upward at some point.
3. HyperVerse
Overview
HyperVerse is a perfect example of a crypto-based DAO done right. Utilizing cutting-edge technologies to create futuristic graphics coupled with deep, immersive lore, this is one of those metaverse platforms that has brought virtual reality to another level.
The unique, immersive experience is the key highlight of the HyperVerse. Nearly every aspect of this augmented reality platform is virtualized and tradeable, providing superb utility to those striving to profit, and a deep, enjoyable experience to those wishing to socialize and enjoy the sci-fi virtual reality.
Unlike more ‘casual’ metaverses, the HyperVerse emphasizes real-world assets over virtualized merchandise. Members of the HyperVerse ecosystem can trade real stocks, ETFs, options, as well as contracts and NFTs on its marketplace giving it an aspect of combination between the digital and physical worlds.
This metaverse has partnered with Galaxy Decentralized Capital to leverage its borrowing/lending services, augmenting the utility of the HyperVerse marketplace.
Key Features
- HVT native token
- Virtual Reality-based space
- DAO Metaverse coupled with De-Fi elements
- Immersive lore and numerous avatar-customization options
- Comprehensive marketplace on which real-world assets and crypto can be traded
What I Like/Dislike About HyperVerse
HyperVerse is as approachable as it is mesmeric. The project’s leaders equally emphasize the importance of community-based decision-making and trading opportunities while both utility and artistic elements of this metaverse platform are top-notch.
Low barriers of entry (the rock-bottom price of a single NFT) combined with elements of DAO and real-world trading are almost synonymous with ‘volatile’.
Who Is This For?
On one hand, the affordability of the HVT means that anyone can enter this metaverse and see what it has to offer. On the other hand, it’s a well-designed trading platform with VR and De-Fi borrowing elements. Although it may be easy for crypto-curious individuals to approach it, HyperVerse is better suited for somewhat experienced traders and NFT enthusiasts.
4. Axie Infinity
Overview
Axie Infinity is a P2E NFT game, an NFT marketplace, a project backed by some of the biggest names in the industry, and a community of several million gamers, crypto traders, collectors, and NFT enthusiasts.
If you like to play games, the Axie Infinity game features gorgeous graphics and elements of both P2E and PVP; the Adventure mode takes players on a journey of exploration and resource collection while Arena Battles pit players in battles for real-world prizes.
Axies are avatars that can be used in Axie Infinity games; each Axie is unique and is ‘born’ with unique traits called genes. These traits define its performance in the game and are randomly generated. Furthermore, two Axies can be bred to create a stronger NFT, which can be sold in the marketplace of this virtual world platform.
Axie Infinity has partnered with a variety of heavy-hitters, including Ubisoft, Binance, Samsung, Delphi Digital, Kyber Network, and more. With such powerful players behind its back, the project’s credibility and potential for growth are nearly unmatched.
Key Features
- AXS native token
- P2E and PVP gaming elements
- NFT breeding; bred Axies can be sold on the marketplace or used in-game
- Purchasable virtual land plots with in-game currency farming mechanisms
- Semi-DAO governance
What I Like/Dislike About Axie Infinity
There aren’t many functional drawbacks to the Axie Infinity universe. The game looks great and is easy to play; the marketplace is designed with a streamlined UI and is fairly intuitive to use; the AXS governance principles are solid and designed to give back to the community.
The only potential issue is the fact that a single token costs quite a bit in comparison to tokens of emerging metaverse platforms.
Who Is This For?
True gamers will appreciate the attention to detail in the virtual worlds of Axie Infinity games while investors and NFT collectors don’t have to worry about the project flopping anytime soon due to the fact that it’s backed by numerous high-profile corporations. This metaverse is for everyone that doesn’t mind the high price of its native tokens.
5. Roblox
Overview
There aren’t many Metaverse communities that have had hundreds of thousands of developers working on an NFT game.
Roblox stands out as a gaming platform metaverse that has engaged several million developers that have worked for years before delivering a polished, highly enjoyable final product with nearly unparalleled utility and graphics in their virtual world. Thousands of developers are actively working on keeping the Roblox game and metaverse at their peak form, bringing improvements and performance updates frequently.
One of the most unique features of the Roblox universe is the Roblox Studio. With it, users can create exquisite experiences in the form of game scenes, tools, gadgets, weapons, enemies, and more.
Another important difference between Roblox and contemporary metaverses is that Roblox currently doesn’t use, make, or sell NFTs.
Key Features
- Powered by millions of developers using the Roblox Studio
- Detailed character creation and vivid interactions with the virtual environment
- Can be downloaded on Apple App Store, Google Play Store, Amazon, Xbox One, and Microsoft Store for free
- Roblox Tech Podcasts
What I Like/Dislike About Roblox
I more than appreciate the amount of effort and time that was put into the creation of this free-to-play game. The fact that so many developers are (and have been) working on it speaks volumes about the cohesion and quality of its virtual gaming and metaverse community.
However, Roblox is not a typical metaverse. It does not have a native token; it doesn’t have a marketplace, and it doesn’t offer any trading, staking, minting, or breeding functions. In truth, it was never designed to be as such, and its uniqueness is what draws people in the most.
Who Is This For?
Roblox is best for children and gamers. Given that the platform doesn’t offer any form of crypto trading or NFTs, investors and collectors will probably have more luck searching elsewhere.
6. Bloktopia
Overview
The Bloktopia metaverse stretches across a vast virtual space, featuring VR games, a budding community, and a comprehensive virtual real estate landscape where you can trade virtual plots, acquire virtual land, and potentially create a passive income stream.
The metaverse is split across 21 levels, each supporting the core functions and features of the ecosystem. Bloktopia members are referred to as ‘Bloktopians’; they can earn crypto in numerous ways, including leveraging in-game marketing opportunities, buying and renting crypto real estate, or playing Bloktopia games.
Key Features
- BLOK native token
- Powered by a virtual reality 3D creation engine
- Bloktopia real estate can be used for real-life ads and marketing
- Vivid virtual avatars with high customizability
What I Like/Dislike About Bloktopia
One of the best things about Bloktopia is that its creators have enabled the members to use virtual assets for real-world purposes. It’s an advanced form of VR technology that leverages the utility of blockchain technology.
The only thing that I thought could be improved is the layout of the floors (levels). Namely, all the floors look exactly the same, aside from the final one (21st).
Who Is This For?
Bloktopia is perfectly suited for people with any knowledge of how crypto can be used. By offering a myriad of ways to earn real money, this virtual universe generally attracts crypto collectors and enthusiasts the most.
7. Nakamoto
Overview
Nakamoto is a P2E blockchain game around which an entire metaverse was built. As a platform that emphasizes community and a virtual social environment above everything else, Nakamoto has attracted thousands of avid gamers and professional developers. Their community has created and tested the unique games available solely on this platform.
Outstanding graphics and real-life prizes are some of the most interesting things about Nakamoto Metaverse.
Key Features
- NAKA native token
- A variety of exclusive P2E games available on the platform
- DAO token governance
- Backed by Polygon, Panda Capital, ZBS Capital, Moon Boots, and other heavy hitters
What I Like/Dislike About Nakamoto
The ease of use and approachability are the two things I liked about the Nakamoto metaverse the most. However, the Nakamoto metaverse isn’t the first thing you will encounter when you Google search the keyword. The somewhat misleading name is probably making a dent in Nakamoto’s community growth.
Who Is This For?
Nakamoto is ideal for gamers, who can enjoy interesting games and earn prizes while doing so, as well as for developers, who can launch their games on the platform and earn revenue.
Wrap up
From thousands of emerging metaverse platforms and crypto projects, the ones listed in this article have proven to be the most popular ones with the fastest growing communities and unrivaled utility. Each metaverse on the list is reputable and backed by market leaders in various fields of technology, so whichever you choose to try out, you can’t go wrong.
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