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The Metaverse is a graphically rich virtual world, with some degree of verisimilitude, where people can work, play, shop, and socialize. It is a network of 3D virtual worlds focused on social connection. A metaverse platform is a virtual platform that allows developers to create everything from virtual reality to augmented reality. Metaverse is a technology segment that has come to a long way and investments by top tech companies like the Meta Platforms, Microsoft, and Epic Games, have helped accelerate its growth. The metaverse is considered a niche product in comparison to social media and other mainstream products. While it’s impossible to say when the metaverse will replace social networks, it will certainly unlock new social and financial benefits, unlike anything we have seen before. Here is the list of the top 10 metaverse platforms that will replace social media in the future.
Decentraland: Decentraland is the first-ever blockchain-powered place in the metaverse. It is a virtual reality platform powered by the Ethereum blockchain. It allows users to create, experience, and monetize content and applications.
Sandbox: The Sandbox is a virtual Metaverse where players can play, build, own, and monetize their virtual experiences. The Sandbox blockchain gaming platform consists of three integrated products that together provide a comprehensive experience for user-generated content.
Axie Infinity: Axie Infinity is a blockchain-based gaming Metaverse in which players collect and breed digital pets called Axies that can be used to compete in a turn-based card game. Players of Axie Infinity collect and mint NFTs which represent axolotl-inspired digital pets known as Axies.
Bloktopia: Bloktopia is a Metaverse platform designed as a skyscraper with 21 levels, where users can purchase designated spaces from the floorplan through the platform’s cryptocurrency token, BLOK.
Zepeto: Zepeto jumped into the metaverse industry before California-based tech behemoths like Meta Platforms Inc., formerly known as Facebook. South Korean Metaverse Platform Zepeto recently secured 150 million dollar investment from the Japanese multinational group Soft Bank.
Roblox: The Roblox metaverse is a growing phenomenon where real-life brands and trends lead to more companies working with the Roblox platform. It is a Lego-style metaverse platform where users can play games made by other users.
Nike: Nike Inc. is opening its world in the metaverse. The sportswear giant is partnering with video-game platform Roblox on Nikeland, a free-to-play virtual world with games like dodgeball and floor-is-lava.
Gather: Gather is a video chat platform designed to make virtual interactions more human. It is to create opportunity and connection for everyone and building the Metaverse, a virtual layer over the physical world where people can work, socialize, and learn.
BollyHeroes: BollyHeroes NFT Project is pursuing a grand vision to build a parallel Bollywood Metaverse in collaboration with real partners. It is to develop a Bollyverse based on the characters generated by the community.
Space Somnium: Somnium Space is a metaverse with a different objective. It allows users to join in either through a downloadable VR client or a browser-based version to function like any other web app.
Source: Analytics Insight
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