Online gaming is taking on a new shape and form, with many metaverse games powered by blockchain technology.
Metaverse is a noble concept of a completely virtual world where people can interact with each other, just like in the real world. In many ways, video games are pioneers in many of the things the metaverse is looking to incorporate, such as avatars, virtual currency, and trading in virtual items.
Let’s take a look at five exciting metaverse games, starting with the three most popular and two coming soon that you can play this year!
Top Metaverse Games
Decentraland is a game for money (P2E) built on the concept of a virtual world in the metaverse, created on the Ethereum (ETH) blockchain.
In the game you can buy a variety of things, such as virtual parcels of land, appropriately named ‘LAND’. When you purchase these spaces, you will receive LAND in the form of an ERC-721 token, commonly known as a non-fungible token (NFT). The irreplaceable nature of LAND means that no one else can copy it, not even the creators of Decentraland, making you the sole owner. However, to buy LAND on Decentraland, you need to use the game’s official cryptocurrency, MANA.
You can join this game and earn money in many ways. For example, you can buy a space and charge people to advertise in it. You can also set up structures, such as stadiums, for people to hold events, or you can wait until the value of the LAND increases and sell it at a profit.
At the time of writing, Decentraland’s MANA has a market cap of $1.95 billion.
Sandbox is another famous game in the metaverse and is also built on the Ethereum blockchain. Its popularity has been brought by celebrities like Snoop Dogg, who have successfully hosted events and owned in-game NFT collectibles.
In many ways, Sandbox is similar to Decentraland, offering a blockchain-powered virtual world where players can buy virtual real estate and other items and sell or rent them for a profit. In the Sandbox, you can buy space, host events, and trade with multiple NFTs, giving you the potential to earn money playing. The game’s native token is called SAND, which allows you to make transactions while entering the game.
Furthermore, users in Sandbox can create games using Sandbox Game Maker, making it another avenue for game monetization.
Currently, the market capitalization of Sandbox (SAND) is $1.82 billion.
3. Axie Infinity
Arguably the most popular metaverse game right now is Axie Infinity.
In Axie Infinity, built on Ethereum, players purchase, breed, and battle ‘monsters’ known as ‘Axies’, the game’s protagonists. The process also involves collecting various Axes, having them fight against other Axes, and even building a kingdom for them to live in.
The game is based on the super-reverse cryptocurrencies SLP and AXS, which are in-game tokens and can be converted to other cryptocurrencies. These tokens allow you to trade and earn in-game currency whenever you buy new Axies, participate in battles or adventures, and more. To play the game you need at least AXS 3.
Axie Infinity (AXS) has a market cap of $1.54 billion.
Metaverse game in development
Illuvium is a massively multiplayer online role-playing game (MMORPG) built on the Ethereum blockchain.
Players explore a fantasy open world after encountering the alien world Illuvium. Here you will play as an adventurer who completes quests and battles against monsters and other players, as well as captures, trains and recruits Illuvials – the natives of Illuvium – into your army.
All these aspects of the game allow you to earn ILV, the game’s native token, and use the earnings in the Illuvium ecosystem.
Currently, Illuvium (ILV) has a market capitalization of $70.3 million.
LOST in the metaverse is the first room escape game in the metaverse, created by LOST, a real life escape game company based in Hong Kong.
The game features immersive adventure challenges, which you can access both online and offline, giving you the ability to switch between the real and virtual worlds. It also allows you to earn metaverse tokens and limited NFTs while at it.
LOST has been inspired by fictional events, myths and historical events. While playing the game, you solve puzzles and riddles, unlock treasure boxes, uncover secrets and hints at solving puzzles and riddles. All of these help you move through the escape room.