09/29/2022
AdvancedNFTs and the Metaverse
AdvancedNFTs and the Metaverse
Main
- Since about 2020, the direction of metaverses began to develop – virtual “sandboxes”, the space of which is created by the users themselves.
- To become a member of the metaverse, you must have a browser-based crypto wallet and, as a rule, pass verification.
- The metaverse differs from the usual game by the presence of a valuable internal economy, which became possible thanks to the use of cryptocurrencies and NFTs. This property makes the metaverses decentralized: the space and events in them are created by the users themselves, and not just by the developers.
- Over the coming years, the significance of the metaverses will only increase. According to McKinsey, by 2030 the size of the metaverse market will be will reach $5 trillion
- You can read about which metaverses you can already join in the Cryplogger selection.
Decentraland
Decentraland is a large-scale project, whose users can trade in plots of land and build various objects on them, literally creating their own microworlds with separate rules, tasks, and items. Content creators can monetize their creations.
Metaverse Decentraland launched on the Ethereum blockchain by Argentines Ari Meilich and Esteban Ordano. For now, it’s only available in the browser. There is a demo version, it works without synchronization with the crypto wallet. After connecting, an avatar window opens, which you can customize for yourself and continue to move around the metaverse. There really is a lot to do in Decentraland. Avatars can attend NFT trade shows, compete in races, go to parties, grow their own dragon from an egg, or hang out in a casino.
There are more than 90,000 land plots in the system, each in the form of a LAND NFT token (ERC-721). The sites are grouped into districts, which differ in size and content. Each district has its own theme, ranging from gambling to fashion. Districts are governed autonomously and have their own rules. At the head is a leader or a group of leaders, depending on how the community of owners of plots in the area decides. Avatars can freely move around the districts and interact with each other.
Using the function LAND Estates you can manage multiple sites, connect them with the same theme, and then create districts and form communities. There is also a system Agora for voting on innovations and events in individual areas, as well as on changes to the entire project.
The main token of Decentraland is the MANA cryptocurrency. At the time of the release of the material, it is trading at $0.7. With the help of MANA, you can sell and exchange your assets, invest in the construction of facilities and receive income from them, as well as vote on the Agora platform.
Axie Infinity
Axie Infinity is a blockchain-based metaverse based on the Play-to-Earn model. The project was launched in 2017 by the Vietnamese studio Sky Mavis. Axie Infinity is now available on PC (Windows and MacOS), as well as for iOS and Android devices. In Russia, you can only play with a VPN. The metaverse runs on an Ethereum sidechain called Ronin.
Axie Infinity’s gameplay is centered around characters named Axie who are wholly owned by their owner via NFT. You can buy them, grow them, fight each other in battles and equip a life for them by buying land and other items. Axie’s characteristics can be enhanced with the help of special “amulets” (Charm).
Each Axie has its own unique set of six body parts. Battles take place in the format of a card game – each pet attacks depending on which cards were chosen. You can create combinations and adjust the damage for the opponent. Users can play in two modes: “Adventure” and “Arena”. In the first case, the player explores the game map and fights with NPCs, in the second, he fights with other players chosen at random.
To start playing, you need a cryptocurrency wallet Ronin Wallet. After that, you need to create an account, go through verification and buy three Axies is the minimum number to start. The smallest value of one Axie is 0.002 ETH ($3).
The metaverse token is Axie Infinity Shards (AXS) of the ERC-20 standard. This is the internal currency of the game, which users use for all operations and pet upgrades. In addition, AXS has project management features.
Axie Infinity has another asset – Smooth Love Potion (SLP), which is awarded for completing quests and winning battles. The amount of SLP earned depends on the rank in the arena and the number of pets. The main function of the SLP is payment for cultivating a new Axie. The higher the level of the creature, the more SLP is needed. Some users earn on breeding and subsequent sale of “pets”.
The Axie Infinity map is divided into digital land plotswhich also exist in the form of NFTs and on which you can build bases with various buildings for characters.
My Neighbor Alice
Metaverse My Neighbor Alice Launched by Antler Interactive. The project is called “Animal Crossing in the world of blockchain”. Users can create their own islands and build various buildings on them, communicate and interact with neighbors, harvest crops and earn income in cryptocurrency by completing missions and competitions. The project should be coming soon Steam.
According to the plot, Alice is a resident of a town where the user will have to build a new life. In general, everything is in the best traditions of the “Happy Farmer”, where the user can choose a craft to his liking: breed bees, fish or farm on his site.
The main token of the metaverse is ALICE. It can be spent and earned using pets, breeding and trading them, completing other players’ tasks, exporting resources, growing crops and renting land.
To register for My Neighbor Alice, you will need to make a deposit of 20 ALICE and wait 14 days for the virtual land auction to take place. It is required to start. If the user does not win, his tokens will be returned to the account, which can be used in the next draw. In the past, three lotteries were held, in which 927 lots of land were drawn. With such a system, developers try to give an equal chance to buy to everyone, and not to those who have more money.
Sandbox
The Metaverse was launched by Pixowl. Like Decentraland, Sandbox is an Ethereum-based multiplayer sandbox where everyone can build their own world with puzzles, tasks, stories, and rules. Users create their own game within the metaverse and can meet each other in different territories. All these features are implemented using software game maker.
You can design a unique game or borrow an idea from an existing one. Content creators have ownership of their creations and make money from them. Graphically, Sandbox is often compared to Minecraft.
The base resource of the Sandbox is the digital land parcels in the form of NFTs needed to create a custom world. Plots in Sanbox were acquired by Gucci, the Dubai crypto regulator opened its office in the metaverse, and the project recently announced a partnership with Renault Korea Motors.
Three types of assets are available in Sandbox:
- SAND is the main currency of the game, an ERC-20 standard token. Used for transactions within the metaverse.
- ASSETS – User-created NFT objects in the ERC-1155 format.
- LAND – land plots, non-fungible tokens of the ERC-721 standard. They can be bought, rented, sold, combined into districts.
To start, just go to the metaverse website and connect the MetaMask crypto wallet. There is no usual registration on the platform.
Sandbox users can earn money by allowing other players to complete tasks in their games, helping to construct tasks and objects. Often in the metaverse, users find designers for themselves and pay them with the SAND cryptocurrency.
Highrise
The metaverse, which is more like a social network, runs on Ethereum and subnet Avalanche called Highrise Blockchain. The developer of the project is the Pocket Worlds studio.
In Highrise, you can buy NFT land, build buildings on it and create rooms in them, organize events and create games, chat and make new friends. A separate area is the customization of characters: they can come up with different fashionable looks and buy clothes for them in the app marketplace. Everything that users create becomes NFT. They can be sold on the internal marketplace.
The basis of Highrise is a map of territories, where more than 160,000 plots of land (so-called parcels) are collected. The land is pegged to NFT, you can buy it, including on the OpenSea marketplace, at a price that starts from 0.165 ETH. Plots of land form districts and communities.
You can also earn income from the land: rent out premises and plots, charge for playing them or simply for visiting your territories.
The Highrise mobile app has over 10 million downloads on Google Play. This is the most convenient way to get into this metaverse. After registering and creating an avatar, the system determines a free room for you, which can be fully customized. You can even change floor boards or wallpaper colors. Furniture and other accessories win the lottery or buy in marketplaces.
Highrise has many elements of social networks: stories, messenger, publications, and you can post your achievements and works on the digital showcase.
What else to read
What are soulbound tokens and how do they differ from NFTs?
What is GameFi?
How to issue an NFT? All you need to know
What is NFT staking and how does it work?
What are sidechains and how do they work?
Found a mistake in the text? Select it and press CTRL+ENTER
Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!
09/29/2022
AdvancedNFTs and the Metaverse
AdvancedNFTs and the Metaverse
Main
- Since about 2020, the direction of metaverses began to develop – virtual “sandboxes”, the space of which is created by the users themselves.
- To become a member of the metaverse, you must have a browser-based crypto wallet and, as a rule, pass verification.
- The metaverse differs from the usual game by the presence of a valuable internal economy, which became possible thanks to the use of cryptocurrencies and NFTs. This property makes the metaverses decentralized: the space and events in them are created by the users themselves, and not just by the developers.
- Over the coming years, the significance of the metaverses will only increase. According to McKinsey, by 2030 the size of the metaverse market will be will reach $5 trillion
- You can read about which metaverses you can already join in the Cryplogger selection.
Decentraland
Decentraland is a large-scale project, whose users can trade in plots of land and build various objects on them, literally creating their own microworlds with separate rules, tasks, and items. Content creators can monetize their creations.
Metaverse Decentraland launched on the Ethereum blockchain by Argentines Ari Meilich and Esteban Ordano. For now, it’s only available in the browser. There is a demo version, it works without synchronization with the crypto wallet. After connecting, an avatar window opens, which you can customize for yourself and continue to move around the metaverse. There really is a lot to do in Decentraland. Avatars can attend NFT trade shows, compete in races, go to parties, grow their own dragon from an egg, or hang out in a casino.
There are more than 90,000 land plots in the system, each in the form of a LAND NFT token (ERC-721). The sites are grouped into districts, which differ in size and content. Each district has its own theme, ranging from gambling to fashion. Districts are governed autonomously and have their own rules. At the head is a leader or a group of leaders, depending on how the community of owners of plots in the area decides. Avatars can freely move around the districts and interact with each other.
Using the function LAND Estates you can manage multiple sites, connect them with the same theme, and then create districts and form communities. There is also a system Agora for voting on innovations and events in individual areas, as well as on changes to the entire project.
The main token of Decentraland is the MANA cryptocurrency. At the time of the release of the material, it is trading at $0.7. With the help of MANA, you can sell and exchange your assets, invest in the construction of facilities and receive income from them, as well as vote on the Agora platform.
Axie Infinity
Axie Infinity is a blockchain-based metaverse based on the Play-to-Earn model. The project was launched in 2017 by the Vietnamese studio Sky Mavis. Axie Infinity is now available on PC (Windows and MacOS), as well as for iOS and Android devices. In Russia, you can only play with a VPN. The metaverse runs on an Ethereum sidechain called Ronin.
Axie Infinity’s gameplay is centered around characters named Axie who are wholly owned by their owner via NFT. You can buy them, grow them, fight each other in battles and equip a life for them by buying land and other items. Axie’s characteristics can be enhanced with the help of special “amulets” (Charm).
Each Axie has its own unique set of six body parts. Battles take place in the format of a card game – each pet attacks depending on which cards were chosen. You can create combinations and adjust the damage for the opponent. Users can play in two modes: “Adventure” and “Arena”. In the first case, the player explores the game map and fights with NPCs, in the second, he fights with other players chosen at random.
To start playing, you need a cryptocurrency wallet Ronin Wallet. After that, you need to create an account, go through verification and buy three Axies is the minimum number to start. The smallest value of one Axie is 0.002 ETH ($3).
The metaverse token is Axie Infinity Shards (AXS) of the ERC-20 standard. This is the internal currency of the game, which users use for all operations and pet upgrades. In addition, AXS has project management features.
Axie Infinity has another asset – Smooth Love Potion (SLP), which is awarded for completing quests and winning battles. The amount of SLP earned depends on the rank in the arena and the number of pets. The main function of the SLP is payment for cultivating a new Axie. The higher the level of the creature, the more SLP is needed. Some users earn on breeding and subsequent sale of “pets”.
The Axie Infinity map is divided into digital land plotswhich also exist in the form of NFTs and on which you can build bases with various buildings for characters.
My Neighbor Alice
Metaverse My Neighbor Alice Launched by Antler Interactive. The project is called “Animal Crossing in the world of blockchain”. Users can create their own islands and build various buildings on them, communicate and interact with neighbors, harvest crops and earn income in cryptocurrency by completing missions and competitions. The project should be coming soon Steam.
According to the plot, Alice is a resident of a town where the user will have to build a new life. In general, everything is in the best traditions of the “Happy Farmer”, where the user can choose a craft to his liking: breed bees, fish or farm on his site.
The main token of the metaverse is ALICE. It can be spent and earned using pets, breeding and trading them, completing other players’ tasks, exporting resources, growing crops and renting land.
To register for My Neighbor Alice, you will need to make a deposit of 20 ALICE and wait 14 days for the virtual land auction to take place. It is required to start. If the user does not win, his tokens will be returned to the account, which can be used in the next draw. In the past, three lotteries were held, in which 927 lots of land were drawn. With such a system, developers try to give an equal chance to buy to everyone, and not to those who have more money.
Sandbox
The Metaverse was launched by Pixowl. Like Decentraland, Sandbox is an Ethereum-based multiplayer sandbox where everyone can build their own world with puzzles, tasks, stories, and rules. Users create their own game within the metaverse and can meet each other in different territories. All these features are implemented using software game maker.
You can design a unique game or borrow an idea from an existing one. Content creators have ownership of their creations and make money from them. Graphically, Sandbox is often compared to Minecraft.
The base resource of the Sandbox is the digital land parcels in the form of NFTs needed to create a custom world. Plots in Sanbox were acquired by Gucci, the Dubai crypto regulator opened its office in the metaverse, and the project recently announced a partnership with Renault Korea Motors.
Three types of assets are available in Sandbox:
- SAND is the main currency of the game, an ERC-20 standard token. Used for transactions within the metaverse.
- ASSETS – User-created NFT objects in the ERC-1155 format.
- LAND – land plots, non-fungible tokens of the ERC-721 standard. They can be bought, rented, sold, combined into districts.
To start, just go to the metaverse website and connect the MetaMask crypto wallet. There is no usual registration on the platform.
Sandbox users can earn money by allowing other players to complete tasks in their games, helping to construct tasks and objects. Often in the metaverse, users find designers for themselves and pay them with the SAND cryptocurrency.
Highrise
The metaverse, which is more like a social network, runs on Ethereum and subnet Avalanche called Highrise Blockchain. The developer of the project is the Pocket Worlds studio.
In Highrise, you can buy NFT land, build buildings on it and create rooms in them, organize events and create games, chat and make new friends. A separate area is the customization of characters: they can come up with different fashionable looks and buy clothes for them in the app marketplace. Everything that users create becomes NFT. They can be sold on the internal marketplace.
The basis of Highrise is a map of territories, where more than 160,000 plots of land (so-called parcels) are collected. The land is pegged to NFT, you can buy it, including on the OpenSea marketplace, at a price that starts from 0.165 ETH. Plots of land form districts and communities.
You can also earn income from the land: rent out premises and plots, charge for playing them or simply for visiting your territories.
The Highrise mobile app has over 10 million downloads on Google Play. This is the most convenient way to get into this metaverse. After registering and creating an avatar, the system determines a free room for you, which can be fully customized. You can even change floor boards or wallpaper colors. Furniture and other accessories win the lottery or buy in marketplaces.
Highrise has many elements of social networks: stories, messenger, publications, and you can post your achievements and works on the digital showcase.
What else to read
What are soulbound tokens and how do they differ from NFTs?
What is GameFi?
How to issue an NFT? All you need to know
What is NFT staking and how does it work?
What are sidechains and how do they work?
Found a mistake in the text? Select it and press CTRL+ENTER
Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!
