Top 10 Metaverse Platforms of 2023
Innovation in technology has enabled digital platforms to emerge and grow into an immersive experience for millions of users today. Big tech companies such as Facebook, Microsoft, etc., are using inventive technologies such as virtual reality, data visualization, and augmented reality to create simulated digital environments where humans can interact with each other through their computers and smartphones.
As the digital economy powered by blockchain technology continues to proliferate, metaverse technology has seen accelerated acceptance among its intended audience. Users are leveraging this technology to engage in conversations, play games, discover new experiences, and live vicariously. The future possibilities of the metaverse are still an ongoing exploration. However, startups and big companies are actively developing their metaverses to expand their customer base and create communities.
What is a metaverse platform?
This platform is an artificially created three-dimensional world that mimics the real physical world. The site’s ecosystem has VR technology embedded in it that lets users play games with others using digital avatars. At the core of it, these platforms operate as an asset-based system wherein users play to earn cryptocurrency or other incentives.
Going to the root of this technology, it is observed that the metaverse concept was introduced in 1992 by Neal Stephenson in his science fiction novel Snow Crash. The book describes the metaverse as a virtual replica of our current world. Currently, most metaverse platforms are limited to play-to-earn digital worlds. As this technology is in its evolving phase, it is yet to extend beyond the realm of gaming.
These highly immersive platforms allow players to simulate real-world activities such as eating, shopping, chatting, and traveling. Even though there is no singular gateway to access a metaverse, players require hardware equipment such as a VR headset to enter it. These headsets range from the $10 Google Cardboard to the $300 Oculus Quest 2 headgear or the premium $999 Valve Index VR.
How many metaverse platforms are there?
Presently, only a few such platforms are accessible to people. This includes platforms like Axie Infinity, Decentraland, the Sandbox, Horizon, Fortnite, and Roblox. However, 160 companies are working individually or collaboratively to develop more metaverse platforms while also extending their usability.
Which are the best metaverse platforms?
Some of the leading metaverse platforms are as follows:
This was one of the foremost platforms to release a functional proof-of-concept. The company’s metaverse platform was open to the general public in 2020 and became a market leader. This site is a virtual reality platform where you can carry out various activities, such as communicating with other users virtually. You also have the provision for earning money via virtual assets and investments.
- The Sandbox:
This blockchain game platform developed on Ethereum is used to purchase and sell digital land plots. This popular site is well-known for being stable and secure. The platform has its native token, SAND, which users can use to pay gas fees.
This is another popular virtual world platform that consists of millions of universes. Every person who stays here is called a Voyager, and they can perform various tasks such as generating tokens, interacting with fellow users, and navigating the world.
This is another platform with a native token, NAKA, which one can use to buy digital plots, construct buildings and perform other tasks. The company announced its new offering NAKAverse, one of the major platforms to bring the in-game economy to the fore.
This is a good site to play games that other users develop. The platform specializes in providing an excellent VR experience to its users. Apart from offering various VR experiences, the idea of fetching all experiences under its wing is the most distinguishing feature of this platform.
This is yet another platform that shines brightly in terms of VR experiences. Apart from virtual games, the platform is prominent for organizing virtual events. This site is also great for trading virtual property assets, digital collectibles, wearables, and much more.
- Somnium Space:
This platform built on Ethereum and Solana is a new addition to the metaverse universe that one can try. Users can use this site to commercialize their assets and get a good virtual experience. You can access this platform through PC, VR, and mobile interfaces.
- Star Atlas:
This space-themed gaming platform has been well-known among the public in recent times. Apart from playing games, users can use the site to create and trade non-fungible tokens. One of the appreciative features of this platform is its speed which is due to Solana. POLIS holders can buy virtual assets such as ships, land, and equipment on this platform.
This is a top metaverse site that consists of digital reality blocks. This is one example of an interactive site online that one can try. The game has a digital skyscraper with 21 levels. Investors get ample revenue-creating opportunities from virtual experiences on this site.
This is one of the largest platforms aimed at bringing physical objects into the digital age. MetaHero offers three-dimensional scanning technology that converts real-world objects into virtual counterparts. As a result, these virtual objects can be used in various fields, including education, training, and entertainment.
The metaverse is still a more intellectual idea centered on a different way of viewing the world and engaging online. Experts predict that by 2030, a sizable portion of the population will use this technology in some capacity. Nonetheless, despite its current popularity, the concept still requires significant development.
The first challenge will be acquiring the required hardware. Then there’s the issue of interoperability, or the ability to move virtual objects like clothes or cars from one platform to another.
Whether you wish to learn about NFT, Blockchain, Web3.0, Metaverse, or other emerging technologies, we have the vital resources that will enlighten and help you make an informed decision.
Subscribe to UPYO Blog Newsletter to deliver emerging technology updates straight to your inbox.