The number of Metaverse cryptocurrency projects is growing, it is clear that metaverse remains a distant dream. While Bitcoin and Ethereum are undoubtedly in high demand, altcoins such as Shiba Inu and Dogecoin, as well terms like nonfungible tokens, and the metaverse have enjoyed a lot of popularity. One term is the most popular among all of them. You guessed it right. It’s called the “metaverse”, which is a parallel digital universe where one can explore, interact with others, and do many of the same things as in the real world. You’ve come to the right place if you’re looking for a top 10 Metaverse alternatives in 2022. Continue reading to find out more.
10 Best Metaverse Alternatives to Look Out for 2022
What could be better than a platform that lets people create, store, list, and trade NFTs in one place? This is what Enjin has for you. This Metaverse platform is also a platform that charges lower fees. This is the most important reason. This is why so many projects have an inclination to it.
SushiSwap is a well-known decentralized exchange that allows users to buy and sell digital currencies. But that’s not all. All of this without the need for a central third party. Its popularity has caused it to surpass its market capitalization of US$500 million in early 2022. This stunned everyone. SushiSwap has seen its popularity soar that it now has a market capitalization exceeding US$500 million in just a few months.
We are constantly in need of visuals in this computer-driven age. These require a lot of processing power. Render is here to help. Render is a decentralized network that makes the most of idle graphics processing units (GPUs). Render is able to provide state-of-the-art graphics for companies in an affordable, scalable manner.
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4. Axie Infinity
Axie Infinity is a major player in Metaverse. It’s a “battle game” in which users can battle their Axies (creatures and characters) in real-time. There is a specialization in Axies. What is it? You might be wondering what Axie actually is. Each Axie can be a non-fungible ERC-721 token (NFT), and AXS holders have the ability to claim rewards for staking tokens, playing games, and participating in governance. This is amazing!
Decentraland is a well-known Ethereum-based virtual reality platform. You can purchase, develop upon, and monetize virtual land plots. Two tokens are used to create this metaverse platform: MANA and LAND. MANA tokens are used to purchase avatars, wearables, and other items on the Decentraland marketplace.
Ever been fascinated by HD avatars of real-world people and objects? Metahero is here to help. This is done using 3D scanning. Metahero, a company, has installed a scanning chamber in Doha that scans objects to create digital forms 3D forms for the Metahero universe.HERO is Metahero’s native currency. It is worth noting that its market cap exceeds $494 million as of the start of 2022.
7. Wilder world
Wilder World is quite well-known these days. It would be hard to argue with that. The 5-D metaverse platform now hosts a variety of games and NFT-based projects. This allows users to buy condos in Wiami, a virtual city located in Miami. But wait! You don’t have to stop there! Users can also buy NFT cars to cruise the streets.
Sandbox, another metaverse platform, allows players to buy and develop land, create games, trade NFTs, and create non-fungible tokens. This is why Sandbox made it to the top 10 Metaverse alternatives you should be looking out for in 2022.
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Everyone knows how great a cryptocurrency Ethereum can be. The Ethereum network is the largest and most active blockchain worldwide, which is another reason why it is so popular. Ethereum is also very popular for buying real estate in the metaverse.
Bloktopia, a decentralized metaverse platform, is built and backed in part by Polygon. Polygon, one of the most popular blockchains worldwide, is well-known to all. This is no surprise that it makes the list of top 10 Metaverse alternatives you should be looking out for in 2022.