JAKARTA – Metaverse has become more widely known since Facebook announced that it will focus on developing the metaverse and changing its name to Meta Platform Inc. In the crypto world there are a number of projects that focus on developing the metaverse, one of which is The Sandbox (SAND).
With the meteoric rise in popularity of the metaverse, the price of the crypto SAND has also skyrocketed since Mark Zuckerberg rebranded his company to Meta. Before that, it's a good idea to recognize an important metaverse project from the crypto world combined with games. Here are 4 famous metaverse projects in 2021:
1. The Sandbox (SAND)
The Sandbox is a blockchain game that allows users to explore a virtual metaverse filled with non-fungible tokens (NFT), user-created environments, and so on.
Originally designed to be a mobile game in 2021, The Sandbox has now evolved into a more complex game built on the Ethereum network. Transactions in The Sandbox also use Ethereum (ETH) and The Sandbox (SAND) tokens. The use of ETH and SAND is intended to support the in-game economy.
In addition, players of The Sandbox game can create their own avatar and digital identity. This is part of the main concept for the metaverse. Player avatars can also be directly connected to the user's personal wallet to manage NFT, SAND tokens, and various other blockchain assets owned by players.
Not only that, players can also create their own virtual games and items by using the VoxEdit and Game Maker tools to convert them into NFT. So users can trade these items and earn money from playing The Sandbox game.
2. Decentraland (MANA)
Decentraland is a 3D room or universe. In it, players can cultivate a number of virtual plots of land, hold events such as music concerts and others, it can even be used to carry out social activities there. Decentraland's main token is MANA which is built on the Ethereum network, ERC-20.
The core economy of Decentraland is based on blockchain to assign digital identity, ownership, and scarcity to unique items. Decentraland is one of the most famous and well-known projects that preceded the metaverse frenzy of late 2021.
Decentraland was founded in 2016 by Esteban Ordano and Ari Meilich. Both adopted 2D games, then developed them into a larger virtual world in complete 3D by sharing high-priced NFT items.
Decentraland on the development of the metaverse project. The reason, Decentraland already has a tendency to lead to the virtual world than others, including Facebook. Decentraland was formed with a 3D interface, digital economy, social elements, and various in-game events. Decentraland is known for its virtual real estate called LAND.
3. Engine (ENJ)
Unlike MANA and SAND, this engine is more focused on making in-game NFT items. This project has successfully launched a software development kit (SDK) to facilitate the process of creating Ethereum-based NFTs for general users considering that NFT assets are the most important part of the metaverse space.
The advantage of printing NFT on the Engine is that users are not required to find a time-consuming NFT buyer. Enjin's NFT can be exchanged for the return of Enjin's main coin, ENJ. Therefore conversion of NFT to ENJ can provide instant liquidity. With these advantages the engine has the potential to become the most important part of the metaverse industry.
4. Bloktopia (BLOCK)
Similar to The Sandbox and Decentraland, Bloktopia comes with a VR metaverse game and has a 21-story skyscraper called Reblok. This represents a maximum Bitcoin supply of 21 million BTC. Bloktopia is intended to be an event hub, a place to socialize, work, and so on. Each Reblock floor can be rented out to other users.
The difference is, Bloktopia is built on the Polygon network (MATIC) to support its four most important points, namely learn, earn, play, create.
Referring to the four main points above, the first is to learn. Bloktopia will be a learning space about blockchain and how it supports the metaverse. This project presents a more interactive way of learning crypto.
Then the second, earn, in which Bloktopia adopts play-to-earn games through BLOK native tokens, Reblok virtual real estate, and also through Adblok, a space for ads. Bloktopia players will generate BLOCK tokens and rewards in the form of items.
While the third is playing, in the Bloktopia metaverse, users can socialize with friends online. In addition, users can also enjoy various games and content created by other users.
The last one is create. To this point, Bloktopia has provided tools for gamers to create their own environment and even advertising space as a promotional tool in the digital world.
These are the 4 most popular metaverse projects throughout 2021. The four native tokens which include SAND, MANA, ENJ, and BLOK have experienced a significant increase in recent times. The price of the SAND cryptocurrency itself soared 30.4 percent, and MANA up 17.2 percent, ENJIN soared 36.2 percent, and BLOCK up 5.2 percent in the past week as data from Coiningecko reports.
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