Metaverse is causing a stir in the technology world. According to Blockchain Gamer, nearly 3 billion dollars were spent on virtual lands in 2022. Metaverse platforms are pioneering new ways for users to communicate, play games, attend events, and even build businesses. So, if you want to experience a metaverse world to see what they are, or simply find a prominent metaverse coin to invest in, let’s take a look at the top 10 leading metaverse platforms of 2024 in the content of the article below.
Contents
Top 10 leading metaverse platforms 2024
Metaverse platforms allow individuals and developers to create their own versions of the metaverse. In that world, people can role-play and interact, as well as create and earn money from their content. In recent years, many industries – from gaming, fashion to healthcare – have established their presence in the virtual world.
So what are the top metaverse platforms? The list below will help you answer:
Decentraland (MANA)
Decentraland is a leading metaverse platform today. It is a 3D virtual world running on the Ethereum blockchain. This platform – also the first of its kind – was created in 2015 by Ariel Meilich and Esteban Ordano. Its first initial coin offering (ICO) was in 2017, with the public launch in February 2020.
A decentralized autonomous organization (DAO) stands behind the Decentraland metaverse platform. DAO uses the ERC-20 standard token for its native cryptocurrency – MANA. In addition, this platform also has two other tokens. LAND, an ERC-721 token, represents the NFT land plots, and there is also Estate, another ERC-721 token, describing combined digital land plots.
With MANA tokens, players can buy and sell virtual lands, explore the Decentraland land map, attend events, and even gamble at casinos.
Overall, the ability to own a plot of land, lease it, build on it and design homes, bars, gardens, parks (and more) makes Decentraland unique. Users can even attend and organize virtual concerts or sports games in the virtual world.
This platform has hosted notable events in recent years. These include MetaMask’s anniversary party with over 10 million active users and the Super Bowl event held at Miller Lite’s Metaverse bar. Famous artists like Ariana Grande, Travis Scott, Marshmello, and Justin Bieber have all successfully hosted virtual events on this platform.
The Sandbox
Sandbox is a leading metaverse platform that allows players to build, own, and monetize their game content on the Ethereum blockchain. Similar to Decentraland, the Sandbox metaverse has its own ERC-20 utility token, SAND. Essentially, SAND acts as the medium for running Sandbox transactions.
This leading metaverse platform allows creators to upload, publish, and trade their NFT creations. Over the years, The Sandbox has partnered with famous brands, artists, and creators, including Snoop Dogg, Bored Ape Yacht Club, and Ubisoft.
Axie Infinity
Axie Infinity is a Play to Earn game inspired by famous Japanese video games like Pokemon and the digital pet Tamagotchi. This game’s metaverse platform runs on the Ethereum blockchain and uses NFTs to represent creatures, land plots, and other in-game assets.
To get started with Axie Infinity, users must connect their digital wallet and open an Axie Infinity account. Players can interact with the digital marketplace to access gameplay and build in-game attributes.
Axie Infinity Shards (AXS) is the native token of the Axie Infinity platform. Holding AXS provides players with utilities, including breeding Axies, competing in battles, buying land, and winning tournaments. Users can also stake tokens to receive rewards and participate in platform governance.
Roblox
Roblox is an online multiplayer platform. Both children and adults can create and interact in this vibrant 3D world. Initially built as a website in 2006, Roblox is now accessible on various devices with millions of daily active users.
Imagine the most thrilling, show-stopping music festival Roblox has ever seen. Now build it, headline it, and become a music legend.
"@TheChainsmokers Festival Tycoon" by @gamefamstudios: https://t.co/smP64Mbwx4 pic.twitter.com/1f7naUHYat
— Roblox (@Roblox) December 1, 2022
How does Roblox work? Players interact by creating an avatar (profile representation). They choose specific physical attributes. Health, custom interface, and other features are available for purchase with the platform’s native currency, Robux. Additionally, Roblox combines gaming, social media, and social commerce. Players can develop their own space, earn money, and even trade their Robux.
Although users may want to buy in-game items, starting to play Roblox is free. Users can also join as developers and help build games for the platform. Some widely played games on the Roblox app include Jailbreak, Adopt Me, Brookhaven RP, and Club Penguin.
Sorare
Sorare is one of the first NFT-based fantasy soccer games. Players can trade and play cards as a role-playing game experience. Similar to fantasy football, Sorare allows players to build a team from their collected cards. With each tournament, the player’s team earns more rewards, which can later be exchanged for money.
Setting up a Sorare account is very simple. Users only need to create an email, username, and password. After logging in, players will receive free collectible cards that allow them to build a team on the Ethereum blockchain. In addition to managing the team, players can encrypt these cards and trade them on Ethereum. This platform also uses Starkware’s technology to avoid any scalability issues.
Sorare has been endorsed by hundreds of sports clubs. It chose French soccer player Kylian Mbappe as the brand ambassador and also owns many investors and has a strong following.
Illuvium
Illuvium is a P2E blockchain-based game using Unreal Engine 4 technology to create 3D virtual objects. This leading metaverse platform was launched in 2020 by Kieran Warwick and Aaron Warwick. Illuvium operates as an auto-battle role-playing game and has collectible tokens.
Illuvium provides a role-playing game experience in a virtual world housing avatars, commonly known as Illuvials. These Illuvials exist as NFTs, holding value on the Ethereum blockchain. Users can interact in the community as well as mine and receive rewards with these fantasy creatures.
Players are also rewarded with ILV and SILV tokens for winning battles. Overall, Illuvium’s activities are quite similar to Axie Infinity, but the difference lies in Illuvium providing a 3D gaming experience, while Axie Infinity offers a unique 2D gaming experience.
MetaHero
MetaHero is one of top 10 leading metaverse platforms combining real utility tokens with ultra-realistic 3D technology to create virtual three-dimensional objects. These objects are used for gaming, profile pictures, social media, fashion, and other utilities in the metaverse ecosystem. The idea is to provide users with a gateway into the virtual worlds of the future while pioneering in advanced 3D technology. HERO token is the main token supporting the Metahero ecosystem.
MetaHero is a decentralized platform running on Binance Smart Chain (BSC). This platform has gained significant traction since its launch in 2020. Notable partnerships include one with Wolf Studio, supporting NFT integration through 3D scanning.
????Together with Wolf Group and SOKÓŁ we proudly announce NIC (Nothing) Project- From the bench to the Metaverse
Oct 21st we'll be showing off MetaHero/Wolf Group's capabilities including 3D Printing, Scanning, Animations &other surprises during SOKÓŁ's live show in Warsaw! pic.twitter.com/tb7ICmVoNC
— Metahero.io (@Metahero_io) September 30, 2022
Users will soon be able to customize most objects and turn them into hyper-realistic NFTs. The core technology of Wolf Studio scans an object in the real world, gathers data, and then digitally displays that object. This platform also plans to develop the HERO app to serve as the gateway into the Metahero ecosystem.
Bloktopia
Bloktopia combines blockchain technology, virtual reality (VR), and augmented reality (AR) to provide developers, gamers, and investors with a pathway to Web 3.0 in the future.
This project offers a unique approach to the metaverse. Bloktopia describes itself as a virtual building, a towering virtual 12-story skyscraper representing the 21 million bitcoins. This platform allows users to become virtual landlords “for some of the biggest cryptocurrency projects”. Users benefit from accessing cryptocurrency information and engaging content in one place.
Bloktopians — users holding the BLOK token — can monetize in several ways, including real estate ownership and advertising. Users can also participate in live events and explore different metaverse floors in an immersive, exciting environment.
Star Atlas
Star Atlas is an online MMORPG based on blockchain (massively multiplayer online role-playing game). This leading metaverse platform uses Unreal Engine 5 technology to support various gaming activities. Established by Automata, Star Atlas allows players to interact, engage in battles, conquer territories, and ultimately build their own communities.
Star Atlas runs on the Solana blockchain and uses a dual-token model. The POLIS token governs the network, while ATLAS operates as a payment token. Users can buy various in-game items on the marketplace, including Lands, NFT-based space vehicles, and other features.
Upland
Upland is another online real estate marketplace and also a P2E platform running on the EOS blockchain. Launched in early 2020, players can engage in treasure hunts, socialize, and purchase NFT representations of real estate. Players trade their NFTs for actual USD using Tilia Pay, PayPal.
Upland aims to create a virtual version of real-world addresses in metadata. Currently, there are over 20 virtual representations of U.S. cities on Upland, such as Detroit, San Francisco, New York City, Cleveland, and Chicago.
Related post:
- What is Play to earn? The Most Potential P2E coins
- How to Evaluate a Layer-1 blockchain with 9 simple steps?
What will the future of leading metaverse platforms look like? We can certainly expect to see more major corporations getting involved in this field. Web2 companies are increasingly eager to grab a slice of the Web3 pie. But for the metaverse to fully become a mainstream trend, it needs more than just investment in big brands. It will involve how platforms offer interactive features and whether they are truly user-friendly. And if you want to explore the metaverse, you can now experience one of TOP 10 Leading Metaverse Platforms we introduced above.
