The Best Metaverse Projects to Keep an Eye on in 2023

Marius Bogdan Dinu

@bdinu89

BlockchainMetaverseMetaverse ProjectsNFT

Metaverse is now becoming the talk of the town. Ever since Mark Zuckerberg’s revelation about Facebook and other platform moving towards the metaverse, people are eyeing the fantastic opportunities that come with it.

The new projects based on virtual reality and other technologies allow different experiences. As Facebook embraces the metaverse, it will launch new projects that combine the concepts of VR, cryptocurrencies, and other things.

2021 and 2022 were the years of NFTs and Defi; will we see a rise in the metaverse projects in 2023? So, what are the top metaverse projects you need to look out for in 2023? We discuss the top 5 in this piece.

The Driving Force behind Metaverse

We understand your excitement about learning the new trends in the metaverse coming up in 2023, but before that, we need to understand the basics that are increasing its popularity. First, the metaverse is familiar as it was with us in a virtual world and digital assets.

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The foundation and the core of the metaverse depend on virtual technology, enabling it to give people a virtual experience. Technology is a driving force, but the metaverse uses metaverse tokens, such as cryptocurrency. As a result, it offers more legitimacy to the online real estate market.

With the growing acceptance of crypto wallet technology, the demand for metaverse blockchain projects increases simultaneously. For instance, you can now treat the items in the games in the same way that you do for real-world assets.

You can purchase digital plots with the backing of a decentralized autonomous organization and trade them. Gamers can now become owners and trade digital assets for a profit. Recently, the reason why many people are talking about metaverse projects is due to Facebook.

The social media platform changed all of its platforms into Meta platforms. The rapid changes from the world’s biggest social media platform are getting people’s interest in the new metaverse projects. Let’s discuss the top 5 metaverse projects you need to look out for in 2023.

1. The Sandbox

A revolutionary project taking the gaming world by storm is the Sandbox. Its basis lies in NFTs, blockchain, and cryptocurrency, allowing you a new gaming experience. In addition, the virtual reality sandbox gives gamers a completely new experience in creating their environments.

Users can enjoy digital asset ownership, such as avatar customizations, in-game purchases, and land. You can use this virtual property as you do in the real world. Moreover, you can sell the virtual property to earn profits on that online asset through Sandbox.

The Sandbox project utilizes the Ethereum blockchain technology for its SAND tokens. It is a cryptocurrency for users to buy and sell things on Sandbox. One of the best things about Sandbox is that it allows gamers to create their content and then sell it to earn profits.

In addition, the growing use of cryptocurrencies and NFTs makes it more fun and enticing. Most importantly, the Sandbox has a secure network that allows users to trade safely and securely. Furthermore, you can use it for direct conversion into multiple currencies.

And that is not just it. You can also use the SAND tokens to create and trade your own NFTs, such as 3D pixel artwork and make their games. Furthermore, you can also charge a particular amount from anyone visiting your metaverse place in the Sandbox.

2. Decentraland

Decentraland is the most optimal pioneer when we talk about metaverse projects. The platform is going through continuous developments, giving the users an up-to-date and vibrant VR platform that’s growth is driven by the metaverse crypto.

As a user on Decentraland, it encourages you to trade digital assets. And that is not just it, as you can also create digital assets per your preference. Additionally, the thing which sets Decentraland apart is its feature to give 3D metaverse sets.

Creating your digital assets means that you need to have a few coding skills. However, it allows users to create their games. You can build, buy, sell, and even dispose of any virtual property in the game. The metaverse crypto is the foundation of the Decentraland platform.

The platform utilizes its metaverse cryptocurrency known as the MANA. The metaverse crypto for the platform is on the Ethereum blockchain technology that allows players to buy and sell virtual real estate NFT tokens on the Decentraland platform.

Decentraland is a unique project for new users to comprehensively understand the blockchain platform and the metaverse. The comprehensive features make it easy for them to understand the platform. On top of that, players can play the game even if they don’t have a digital crypto wallet.

However, you have to keep in mind that you will only be able to use some of the features you can get with a crypto wallet. Nevertheless, it is still great for new users to research and experience the metaverse. Once these users feel confident, they can leverage the Decentraland platform to its full potential.

3. Star Atlas

The Star Atlas is another great metaverse project to watch in 2023. The platform equips an MMORPG (massively-multiplayer online role-playing game) that is great for players looking to explore open spaces and new areas.

Here is what the gameplay offers:

• The Star Atlas shows the events in the year 2620
• Residents of Star Atlas can buy or conquer the land
• They can dominate the land politically and use it to collect resources
• The players will get a chance to earn rewards through tokens

The problem with the games in the past with a digital economy was that only the publisher benefited from it. It is because the ownership of all the assets was in the hands of the company. However, the new Star Atlas platform is different.

The blockchain technology that the platform is using is the Solana blockchain. It provides a unique experience for gamers with a completely new appeal.

The official metaverse crypto you can use to purchase digital assets, tools, supplies, machinery, property, or anything else in the game is $ATLAS. Furthermore, the gaming platform allows you to use a different currency called the $POLIS for the governing rights of the game.

The top feature of the game is that you can get the chance to earn by conquering different regions. In addition, it is an immersive community that allows you to enjoy the game at a minimal cost for in-game transactions.

4. Ertha

One of the metaverse projects worth our attention is the Ertha which uses the gaming elements of the metaverse and the Decentraland in combination. The play-to-earn game comes with a powerful and engaging back story that grabs the attention.

Ertha’s main objective is to show a real-life simulator on the global level. By doing so, the players can buy up different territories in any part of the world. And not just a tiny region; they can buy entire countries and manage them through their companies.

The immersive experience that the platform provides to the players makes it a promising metaverse project for 2023. It mandates players to control their territory and manage it economically and in other aspects, such as defense. It allows them to become a powerful force in their region.

The games include elements of:

• Strategy genres
• Old-school games
• MMORPGs

You can use the ERTHA token, the cryptocurrency for the game, to buy or sell any digital assets. Moreover, you can also take this currency out of the game and trade it on various online crypto exchanges.

These things are just the tip of what Ertha offers to its players. Many features and opportunities are available due to the intricate systems the players are eager to learn and learn about. New possibilities on Ertha can allow players to get a competitive advantage over others.

They can use it to secure their positions, outsmart their competitors and defeat them, and enjoy numerous other possibilities that come with the game. It is what makes Ertha a top metaverse project for 2023.

5. Metacity

Last but not least, the metaverse project that we needed to look out for in 2023 is Metacity. It is the first-ever first free-to-earn (F2E) which allows players to get a wide range of features, including:

• A version of Minecraft that is on the foundation of the metaverse
• The first game in the world that allows players to get a chance to earn NFT real estate
• Allows you to trade items through its cross-game play

Although Metacity has a similar name to Windows manager open-source software, it is a gaming platform based on the NFT on the foundation of blockchain technology. In addition, the game provides a play-to-earn opportunity due to its P2E model.

Their partnership with Enjin, a company that gives mining solutions for Non-Fungible Tokens, allows them to offer the P2E model to their players. The thing about Metacity is that it offers the same twists, such as top games.

As a result, it grasps the user’s attention, and they can play the games as per their choice while getting rewards.

Common Features in the Metaverse Projects

One common thing throughout all of the above metaverses is crypto technology. Incorporating this technology allows these games to give their players a chance to trade, buy, and sell their virtual assets. However, many other features are relevant to all of these metaverse projects.

We will discuss some of these features that could be more technical, making it easy for people who need tech-savvy to understand them. So let’s get right into it.

Gamification

Although the growing knowledge of metaverse is regarding social media, all these projects are rare in gaming. However, because of the extensive features that metaverse offers to games, it provides a much better gaming experience.

Social media has a fair share of chances available for brands to advertise. However, the gaming industry can use it to create a dynamic economy where the players can have a reason to stay in the game due to the asset’s value and other events.

The players can have fun since they have goals that urge them to go further and further ahead. As a result, there are going to continue playing the game and explore the new avenues that the game offers.

On the other hand, game developers can use it to their advantage. The developers can seamlessly integrate the metaverse cryptocurrencies, NFTs, and other technologies into the game development process.

Autonomous

The main aim of these gaming platforms is to provide a friendly environment to the player that does not bother them. It is why the economy has to be autonomous for digital real estate to operate flawlessly.

Independence of the economy is something that you will find in all the metaverse projects to ensure their success.

On the other hand, the alternative mode of payment allows the company to benefit from the new technology. They can get advantages through blockchain activities instead of profiting from the players taking real-world money for their digital properties.

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Bottom Line

The growing dependency of consumers in the online world allows the metaverse to thrive. Moreover, it transforms that gaming experience, with players now using cryptocurrencies to own digital assets.

And with Facebook trying to change its platforms towards the metaverse, we can expect to see more developments quickly. Therefore, these metaverse projects are likely to continue their growth in 2023.

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In addition, we can see development and creators use the technology to bring more play-to-earn games for players. They will use the metaverse better to get ahead of the other competitors.