According to a recent assessment by McKinsey & Company, one of the world's leading management consulting organizations, the metaverse niche might be worth $5 trillion by 2030.
Much of the growth in this sector will most likely be driven by the emergence of intriguing new metaverse platforms in the future years, with many already making their imprint on the industry.
This guide will go over ten of the finest metaverse platforms available, looking at what makes them so popular before delving into the possible benefits of investing in metaverse-based projects.
1. Battle Infinity - Best Metaverse Platform Overall in 2022
Infinity Battle
Battle Infinity is our vote for the best metaverse platform. Battle Infinity is a fantasy sports gaming platform that allows you to make money by playing.
The Battle Infinity ecosystem, which is hosted on the Binance Smart Chain, connects everything back to the metaverse via the 'Battle Arena,' a rich 3D world where players can create avatars and interact with others.
Battle Infinity, one of the best metaverse NFT projects slated to launch this year, provides a number of fascinating features. These are some examples:
IBAT Premier League - An in-built fantasy sports league in which all players are organized as NFTs. Points are earned based on these players' real-world performance, with prizes awarded to high-performing users.
Battle Store - This section includes a selection of the top play-to-earn games, giving users even more chances to earn rewards.
Battle Market - This is the NFT marketplace for Battle Infinity, where users may mint digital artwork, enhance their avatars, and even buy plots of virtual land.
Battle Switch - Similar to the finest DeFi exchanges, this function allows users to immediately swap tokens in a decentralized manner.
Battle Stake is Battle Infinity's crypto staking mechanism, which includes solo/duo staking as well as treasure crates.
These characteristics work together to propel Battle Infinity to the top of our metaverse platform ranking. The platform is powered by IBAT, Battle Infinity's native coin. IBAT has a variety of applications, including reward distribution and speculation.
Battle Infinity has been KYC-verified on CoinSniper and audited by SolidProof.io, providing peace of mind to anyone concerned about a potential rug pull. Looking ahead, Battle Infinity has a slew of intriguing ideas on the horizon, including exchange listings and NFT land sales.
So far, approximately $1 million (roughly 3000 BNB) has been raised in the Battle Infinity presale, which could sell out before the October 10th deadline. It has already reached its soft cap.
2. Decentraland - A Massive Metaverse Platform That Provides Virtual Land
Decentraland is another popular platform on our list of the best metaverse platforms. Decentraland is a 3D virtual environment powered by the Ethereum blockchain, where users may connect with one another and monetise their work. Users can also buy virtual land parcels (called LAND) with MANA, Decentraland's native cryptocurrency.
Because LAND parcels are structured as NFTs, users have complete control over their surroundings. As a result, users can construct 3D settings and even games with which other users can interact.
3. The Sandbox - The Most Customizable Metaverse Platform
Another of the top metaverse real estate concepts for 2022 is The Sandbox. The Sandbox is a rich 3D world housed on the Ethereum blockchain, similar to Decentraland, where players may connect with others, develop in-world structures, and monetise their creativity. The Sandbox, one of the largest metaverse platforms, now has over two million registered users.
The most appealing element of the Sandbox is 'VoxEdit,' a free 3D voxel modeling tool that users can use via their computer. This program lets users to design anything they want, such as buildings, animals, weapons, and so on. These works, interestingly, can then be structured as NFTs and sold on The Sandbox marketplace.
4. Axie Infinity - Popular Monster Battle Game Featuring P2E Elements
Those interested in metaverse platforms other than those mentioned above should look into Axie Infinity. When the project's popularity skyrocketed in 2021, investors flocked to buy Axie Infinity, causing the AXS price to rise by almost 7,300% in a matter of months. Although the initial excitement has waned, Axie Infinity remains one of the top metaverse platforms in the industry.
Simply said, Axie Infinity is a blockchain-based game in which users may buy and battle charming monsters known as Axis. These Axis are constructed as NFTs, which means they may be traded using AXS on the game's marketplace. Users can also breed their Axis to increase their chances of producing more and earning more money.
5. Illuvium - A Vibrant Blockchain Game with Potential Rewards
Illuvium is another new metaverse platform that is gaining traction in the industry. Illuvium, according to Binance Academy, is an open-world blockchain game with RPG elements. Players in this game combat and capture 'Illuvials,' which they may then deploy to battle other players.
These Illuvials are built as NFTs, each with their own look and characteristics. Illuvial can also be merged to create more powerful creatures, allowing users to earn more rewards through battling. Prizes are given out in ILV, Illuvium's native ERC-20 currency.
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