TOP 5 BIGGEST METAVERSE PROJECTS IN THE WORLD
In the previous article, we have found an explanation of the concept of Metaverse and its importance in the future. In this article, we will show you the list in detail of the top 5 largest as well as the hottest Metaverse projects in the world. Do not hesitate any longer, let’s have a look with Snail House!
Axie Infinity (AXS)
Capitalization: 8,75 billion USD
Axie Infinity is one of the most successful Metaverse projects. This is one of the hottest names in the global game market 2021. This “Made in Vietnam” game opens the NFT series of games for gamers around the world.
Axie Infinity is a graphic game product of Sky Mavis and a Vietnamese CEO — Nguyen Thanh Trung. The game was launched in early 2018 based on a blockchain platform that allows players to fight, collect, raise and build their own monarchs. Within 3 years, Axie Infinity has become one of the hottest names in the world gaming market, being considered the bridge that brings NFT games to gamers all over the world.
Inspired by the Pokémon game, the way how to play Axie Infinity is quite similar to hunting and nurturing pets for them to fight. Axies are the names of the creatures in the game. Each Axie has its own distinct characteristics that determine its role in any battle.
Decentraland (MANA)
Capitalization: 4,67 billion USD
The next Metaverse project Snail House wants to introduce to everyone is Decentraland. It is a virtual reality real estate platform developed based on the Ethereum platform. It allows you to create a token-based economy to own land in the context of virtual reality. Buying land, or even driving, or studying on Mana has a permanent ownership value.
The simplest way to explain the graphical game Decentraland is to compare it to the game Minecraft, as it also incorporates low-resolution 3D graphics. Users can wander, explore, interact and trade or exchange items with each other on this vast map.
Technically, the project has been around since 2015 but it wasn’t until 2017 that it was publicly launched on the market and raised about $24 million.
Sandbox (SAND)
Capitalization: 3,36 billion USD
The Sandbox is one of the world’s largest Metaverse projects designed based on a virtual world where players can experience building and monetizing network gaming experiences Ethereum. Because the center of this space is the SAND token, players can create digital assets in the form of NFT.
Derived from sandbox games from combat and teleportation games in space such as Elite (1984). Sandbox online games are increasingly improved; game building systems are increasingly detailed and also developed more social interaction, sharing content through the internet.
The Sandbox project aims to become a part of the Metaverse virtual universe, aiming to attract audiences not only gamers but also content creators, investors, especially NFT investments.
Enjin Coin (ENJ)
Capitalization: 2,78 billion USD
ENJ is a graphics game product as part of the major global Metaverse project launched in 2009. It was based on the Ethereum blockchain by Enjin, a company that helps more than 20 million gamers create Sandbox forums and communities around their favorite games. Enjin Coin (ENJ) has decided to expand this platform into a game development tool on the blockchain.
Enjin Coin is a cryptocurrency and blockchain platform designed for the online gaming industry. Since 2020, Enjin Coin has experienced a very strong surge in prices. There was a time when the growth rate of ENJ was up to 100%.
The Enjin Coin Platform combined with ERC1155 smart contracts will act as a hybrid between ERC20 and ERC721 that creates an efficient platform for blockchain-based game design and Enjin Coin (Enj) will become the Unreal Engine version of the blockchain.
Star Atlas — POLIS
Capitalization: 202 billion USD
As a next-generation Metaverse game, Star Atlas is created from a combination of modern blockchain, real-time graphics, and decentralized financial technology.
The NFT obtained and exchanged on the Star Atlas game will have the ability to create a real-world economy and assets. The beautifully designed graphics in-game interface on the blockchain platform helps players entertain and earn money while playing.
Here are the top 5 largest and hottest Metaverse game projects in the game market selected by Snail House. We hope everyone will have a deeper knowledge about Metaverse — a trend that cannot be ignored in the future. Don’t forget to follow Snail House for more information regarding the NFT world and catch up with the latest news.
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