The rise of the metaverse in 2021 was just the beginning. It all started with NFTs, which were the breakout crypto creation of 2021. People have literally made millions trading them.
The Blockchain-driven virtual experience has mostly been used for interactive virtual gaming so far, but it is still in its infancy. The best example of this is Facebook’s rebranding as “meta” as it strives to get into the metaverse as the foundation of its business. Some people who aren’t in the know balked at the idea of Facebook moving into the metaverse, but it seems they are already being proven wrong.
The crypto-backed metaverse is here to stay. In fact, it is so fresh that it’s hard to predict exactly where it will go in the future with regards to technology. There is a good chance it will become interwoven into our lives the way that social media currently is.
Crypto-backed gaming has been the primary use for the metaverse so far. It always seems that gamers are at the forefront of new technologies. There are many more developments to come. Here are some of the new experiences you should be prepared for.
Table of Contents
1. Gaming
– Of course, gaming is already the most important use of the metaverse, but there are still plenty of developments to come in that space. Right now, the top three metaverse tokens in terms of capital are all games. Those three games are Axie Infinity, The Sandbox, and Decentraland. These games and their popularity will drive gaming to be the most important metaverse trend for years to come.
2. Virtual Experiences
– Another new trend that is quickly developing is virtual experiences in the metaverse. Now, you can have the experience of sitting courtside at an NBA game in 3D without leaving the comfort of your home. Companies can host massive meetings that everyone can attend, eliminating a variety of expenses. Don’t forget concerts where people use NFT tickets to gain entrance.
3. Real Estate
– The ability to buy real estate in the metaverse presents a variety of new opportunities for people. You can now buy an NFT that gives you ownership of digital real estate on a server. One person recently paid over $400,000 to live next door to Snoop Dogg in a 3D digital neighborhood.
4. Starlink
– Starlink is an online ecosystem developed by Woof, a powerful female developer who has been involved in a variety of other popular metaverse projects. This is her biggest project yet, a digital ecosystem. The platform and its community allow you to log on and buy, sell, and trade a variety of online digital assets. This includes virtual spacecraft, land, and satellites. This project is only gonna get more and more popular because of the developer’s reputation.
5. RFOX VAULT
– This is Southeast Asia’s first entry into the metaverse world and it provides users with a way to shop. It is predicted that some of the most popular fashion houses in the world will display and sell their products on this platform, making it a valuable prospect whether it’s the best running platform or not.
If you are interested in the future of the metaverse, start by investigating these five up and coming projects.
