Hi, I hope you are doing well. The metaverse is a hypothesized repetition of the internet as a universal, immersive virtual world facilitated by virtual reality and augmented reality headsets. It is a persistent online world where users can cooperate and with digital content more accurately and immersively than current online experiences. The metaverse is still in its early stages of development, but it has the probability to revolutionize the way we work, play, and communicate.
The metaverse is still in its early stages of development, but it can potentially revolutionize how we live and work. It is an exciting new technology with the potential to change the world.
The Six Metaverse is a new and exciting experience that has made the term famous, and many companies are creating platforms in this remarkable digital space. Today in our post, we will know which metaverse platforms are setting trends and what they can do within each.
The most popular metaverse platforms today
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Differences between the centralized and decentralized metaverse
Centralized metaverses are control by a single company, which handles all aspects of that virtual world. For example, this is the case of Meta, on whose platform users cannot make any relevant modification. The developer company has control over the assets, having the option of expelling anyone who fails to comply with an imposed rule.
Contrary to the above, what decentralized metaverses have in common is that users have the power to decide the future of these parallel worlds and the possibility of autonomously managing their assets, investing and exchanging them.
The Most Popular Metaverse Platforms Today
Decentraland is a virtual reality stage built on top of the Ethereum blockchain. It was form in 2015 by Ari Meilich and Esteban Ordino and worked under the MMORPG (Multiplayer Online Role-Playing Game) model. It is one of the oldest metaverses and has collaborate with companies like Samsung and at events like the Australian Open. In this metaverse, users can perform actions relate to purchasing plots that can be built on and sold. Assets such as avatars, wearables, and names can also sold on your Marketplace.
Decentraland is not own by the company that has develop the platform but by the players themselves. It is a decentralize metaverse that seeks to create a global community that operates within a shared virtual world. It works with two types of tokens:
MANA: Token of the metaverse used to buy LANDS and acquire virtual goods and services within Decentraland.
2. The Sandbox
It is a platform that works through “Smart Contracts” and allows developers to monetize experiences within their digital plots. It also allows you to create digital galleries and other types of assets that can generate passive income for users. This platform is usually related to the Minecraft game since they are visually similar. LAND is the name of the digital parcels in The Sandbox -same as in Decentraland- and it has two native tokens:
SAND: It is the eco currency of the system. It is a token built on Ethereum that is used for the purchase and sale of NFTs, land, and objects and allows participation in the governance of the metaverse.
ASSET: They are entities designed to provide content to experiences, for example, games, objects and everything used to populate LAND. They can be collected, monetized and traded. Just like Decentraland, The Sandbox also has its Marketplace.
3. Somnium Space
It was create in 2017 by Artur Sychov and released to the public in 2018. Like the previous two metaverse platforms, it is built on the Ethereum blockchain, is open source and has design to work through virtual reality devices. The objective of this platform is to fully immerse yourself in the virtual world and develop any activity within it: go to the cinema, eat in a restaurant, exhibit works of art, go to university, etc. The idea is that the metaverse is unlimited and create entirely by the platform users.
Somnium Space’s economy is made up of three different types of token assets:
SOMNIUM AVATARES: In November 2020, the platform introduced the tokenization of its avatars. Players can create a whole-body using CUBE, which is compatible with other virtual worlds.
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It is one of the metaverse platforms that leads the development of a new economy. What is propose is to build an online space in which users can make worlds of different sizes and materials. The company aims to create a human co-experience where users can share immersive experiences without borders.
This platform has been so successful in recent years that it has more than 9.5 developers who have generate more than 24 million experiences and have used the platform for approximately 73.1 billion hours.
It is important to note that big brands, Nike or Vans, for example, have joined this multiverse. In September 2021, the sportswear brand Vans launched “Vans World”, a 3D universe within Roblox designed from the natural spaces of the brand. Users have at their disposal a complete store where they can develop their clothes and use them in their avatars. For its part, Nike has created Nikeland. A space where users can participate in different sports activities through mini-games and get rewards.
This metaverse is orient toward creators who aim to promote social interaction. In this metaverse, it is allow to make life, socialize with other users and generate assets through its token called CVPA (Cryptovoxel Parcel). Due to the way it is conceive, this is one of the platforms that have the most potential to become a metaverse social network in the future. Being designe for creators, you can find great works of art develop exclusively for this virtual world and hang all the NFTs on your plot to show off the art. You can also participate in public events such as exhibitions, inaugurations or parties.
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6. Horizon Worlds
Firstly. It is the first virtual reality metaverse create by Meta, the old Facebook. Is currently available in the United States and Canada. It can only be use if you have the virtual glasses of Meta: Oculus Quest. The average price of these glasses ranges between 350 and 450 euros. In this metaverse, users can walk around with their avatars and virtually interact with other people and, at the moment, there is no relation to blockchain or cryptocurrencies.
As in Roblox, in Horizon Worlds, users can create their virtual worlds and their games within these scenarios. In this way, the avatars can travel between worlds created by other users while virtually interacting with the inhabitants of each of these places. Although it is still in the testing phase, it can use to gauge Facebook’s future intentions with the metaverse.
Moreover, as in the famous Spielberg movie Ready Player One, Facebook’s metaverse seems to be gear towards the use of virtual reality. Currently, most platforms in the metaverse, such as Decentraland or Roblox, do not yet have this technology incorporated. The fact that Meta / Facebook has limited the entrance to Horizon Worlds only to users who have their own company’s virtual glasses suggests Zuckerberg’s desire for his format is the dominant one in the future of the world’s platforms. Metaverse.
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