Best NFT Metaverse Projects

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    The top 10 NFT Metaverse projects for 2024 include Decentraland, The Sandbox, Axie Infinity, Star Atlas and more.

    Metaverse is the next-gen digital world that utilizes augmented reality (AR) and virtual reality (VR) technologies. It allows users to seamlessly interact with each other using Avatars. Mattew Ball describes Metaverse as a network of real-time rendered 3D virtual worlds that can be experienced by an unlimited number of users simultaneously and persistently.

    In the first quarter of 2022, two major players in the industry, Sony with their PlayStation series and Epic Games with their Fortnite series, invested a staggering $1 billion into the metaverse.

    With the help of AR & VR, Metaverse has the potential to transform various aspects of our lives, including business operations, shared experiences, and personal interactions. In this article, we will explore the leading 10 Metaverse NFT projects. By taking advantage of this opportunity, you can gain an early advantage in investing in the Metaverse.

    List Of The Best NFT Metaverse Projects

    Let’s look into the top 10 NFT-based metaverse projects, including Decentraland, The Sandbox, Axie Infinity, Star Atlas and more.

    1. Decentraland – Metaverse NFT Projects for 2024

    • Market cap: $1,187,152,584 USD
    • Daily trading volume: $64.94 M
    • Native Cryptocurrency: MANA
    • Value: 1 MANA token = $0.622093 USD

    Decentraland is a 3D virtual world & fantastic metaverse NFT project built on the Ethereum blockchain. Users have complete freedom to create and customize their own environments, avatars, marketplaces, digital infrastructures, and applications, as they have full ownership over them. 

    On the platform, users have the option to buy, sell, and manage NFTs, which are virtual plots of land, using the cryptocurrency MANA on the Ethereum blockchain. Creative individuals have the ability to create virtual characters known as “avatars” and subsequently market a range of virtual clothing and accessories for them.

    In this virtual world, you may find all your favorite brands, go to exciting concerts and festivals, play games, make new friends, start businesses, and even place bets.

    • Market cap: 1.38B USD
    • Daily trading volume:  $108,741,051 USD
    • Native Cryptocurrency: SAND
    • Value: 1 SAND token= $0.6061 – $0.6513

    A leading project in the metaverse space, The Sandbox, utilizes the versatile VoxEdit creation program to demonstrate its unique voxel graphics style. To deliver exceptional experiences in their 3D virtual environment, the project has formed collaborations with a wide array of renowned individuals and well-known brands.

    The ability for users to utilize the VoxEdit program to create assets for The Sandbox, and subsequently publish and sell them as NFTs, is a fascinating aspect. A marketplace for NFTs is accessible in the Sandbox, allowing individuals and companies to showcase their NFT assets. For instance, Gucci, a globally recognized fashion brand, has recently launched a collection of NFT assets that can be used in The Sandbox.

    The Sandbox also uses NFTs to represent virtual tracts of land. You have access to a vast collection of 166,464 unique land NFTs. SAND is an additional utility coin in The Sandbox that serves the purpose of staking and governance.

    3. Axie Infinity – Metaverse NFT Projects to Invest in 2024

    • Market cap: 1.40B USD
    • Daily trading volume:  $29.41M
    • Native Cryptocurrency: AXS
    • Value: 1 SAND token= $9.809731

    Axie Infinity, the leading and only NFT-based metaverse game, allows players to earn SLP tokens by successfully completing tasks and achieving high performance in player vs. player matches. It uses web3 technology to collect and raise virtual creatures known as Axies.

    Each Axie is a unique NFT; your virtual pet will have its own traits. With the game’s P2E mechanism, you can make money in the metaverse. Users are incentivized to engage in the ecosystem through the AXS token.

    During its peak in early 2022, Axie Infinity attracted about 2.8 million monthly users. Its “play-to-earn” feature was a major selling point, as it allowed competent players to make money just by playing it.

    Approximately 520,000 individuals engage with the game on a monthly basis as of December 2023. Try your hand at Axie Infinity if you’re curious about the potential of NFTs in video games.

    4. Star Atlas – Metaverse Based NFT Projects

    • Market cap: $ 114.70M USD
    • Daily trading volume:  $ 3.72M USD
    • Native Cryptocurrency: ATLAS
    • Value: 1 SAND token= $ 0.007436

    Star Atlas is a Metaverse project based on a game set in the year 2620 in the future where players can take over land and gather materials. 

    Two coins in Star Atlas use the Solana blockchain. They are called ATLAS and POLIS. The first one is ATLAS, which can be used like normal in-game cash to do things like explore new realms, buy goods, and fight. This is even more important because everything in the game is an NFT except for a few items. On the other hand, POLIS’s creators call it “political intrigue,” and anyone can be a part of it. In addition, players can vote on in-game matters and even outvote the creators.

    Think of it like any other game where you play and complete tasks to make money. The game also has a big fee edge over projects built on Ethereum because it uses the Solana Blockchain.

    5. Metahero – Metaverse NFT Projects for 2024

    • Market cap: $41.38M
    • Daily trading volume:  $ 1.47M USD
    • Native Cryptocurrency: HERO
    • Value: 1 SAND token= $ 0.005043

    The objective of the metaverse crypto project Metahero (HERO), launched in July 2021, is to establish an incredibly lifelike virtual reality environment. Users can scan themselves and physical objects, allowing them to be brought into this virtual realm. The focal point is the intricate computer simulations of tangible objects in the real world. HERO, a native utility token, is used for various purposes, such as paying for scanning services and engaging with the metaverse. It is an ERC-20 token.

    Metahero utilizes advanced scanning technology developed by Wolf Digital World to create highly detailed digital 3D models of human beings. Leading gaming companies and production teams like CD Project rely on Wolf Digital World’s cutting-edge 3-dimensional 16k photogrammetric scanning technology.

    Everdome, a metaverse, and the DOME coin are unique to Metahero. The project’s concept has received significant community support, as it has successfully raised $9 million in its presale.

    • Market cap: $119 million
    • Daily trading volume: $9 million
    • Native Cryptocurrency: BLOK
    • Value: 1 BLOK token= $0.014

    Bloktopia is a metaverse project that utilizes the Polygon blockchain. As a nod to the 21 million limit on Bitcoin’s production, Bloktopia proudly showcases a towering 21-story building as its main attraction. Bloktopia is powered by the Unity game engine, showcasing its advanced technology. 

    In Bloktopia, players have the ability to own virtual land and utilize it to host exclusive events and generate revenue through advertisements. According to the developers, Bloktopia will offer a wide range of educational materials for Bitcoin users. 

    7. My Neighbor Alice – Metaverse NFT Projects to Invest in 2024

    • Market cap: $ 119.64M USD
    • Daily trading volume: $ 9.14M USD
    • Native Cryptocurrency: ALICE
    • Value: 1 BLOK token= $1.89

    Players cultivate crops and build virtual homes on digital islands in the metaverse game My Neighbor Alice. My Neighbor Alice offers a charming metaverse environment, standing out from others with its clean and inviting design.

    In My Neighbor Alice, the in-game representation of realms, homes, and animals is done through NFTs. The developers opted to utilize the BNB Chain network for in-game NFT transactions. 

    The ALICE token is essential for the game, serving as the in-game currency and playing a crucial role in governance and staking. Players can earn ALICE tokens through the in-game mission system in My Neighbor Alice. These tokens can be used to buy various in-game items. 

    In 2021, My Neighbor Alice was featured on Binance Launchpool, allowing users to earn ALICE tokens by staking BNB, BUSD, or CHR tokens. 

    Conclusion

    Interested in metaverse projects and NFTs? We hope here are some of the most interesting virtual worlds that use them. A popular way to make metaverse NFTs is to make a virtual world and sell virtual goods like land, wearables, and avatars as NFTs. People with NFTs can easily trade them on marketplaces and might even make money doing it. 

    You should know that the industry is still young and that the virtual worlds that metaverse NFTs are based on are still in the early stages of development. This means that most of their value is based on speculation.

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