Facebook&#39;s decision to rebrand itself as Meta Platforms pushed the idea of the metaverse into the spotlight, and helped create a ripple effect that has ignited dozens of new initiatives that aim to make virtual worlds a reality.The metaverse can be thought of as a web of immersive, 3D digital worlds that enable social interaction, where users can come together through their avatars to work, attend concerts, shop, play games and pretty much anything they might do in the real world. In other words, it&#39;s a virtual realm that parallels the physical world, and a place where almost anything is possible.For now, the metaverse is still just an emerging concept that remains pretty abstract. That said, a number of exciting projects are already working to make the metaverse a reality, building immersive virtual worlds that anyone can step into.<h2 id="header-0">Bloktopia</h2>As one of the <a href="https://cryptorank.io/ico/bloktopia" rel="noopener noreferrer nofollow">best-performing</a> metaverse Initial Dex Offerings in the history of crypto, there&#39;s a lot of excitement around <a href="https://www.bloktopia.com/" rel="noopener noreferrer nofollow">Bloktopia</a>. It&#39;s an immense, towering metaverse world that takes place within the confines of a huge, 21-storey virtual skyscraper and already it has attracted the attention of numerous big name crypto brands, including Binance, KuCoin, BitBoy and others.The 21 floors in the Bloktopia skyscraper is a nod to the 21 million total number of Bitcoins that will ever exist. After all, Bitcoin was the first-ever cryptocurrency and it introduced us to the concept of the blockchain, the technology that most metaverse will be built on.To explore Bloktopia, users must first create their avatar and after that they can visit the skyscraper, socialize with other users, buy virtual land within it and create a store or some other experience. They can even monetize their land with ad campaigns, special events and the sale of digital goods. It&#39;s a world where metaverse users come together to learn, play, earn and create.Bloktopia has its own native cryptocurrency, called BLOK, which is used to pay for all transactions within this glittering virtual world, which is hosted on Polygon. The main attraction of Bloktopia is that it&#39;s one of the first metaverse worlds to be fully up and running, providing numerous earnings opportunities for users, with a native marketplace for non-fungible tokens, a native, multichain wallet and large, active community.<h2 id="header-1">Peer</h2><a href="https://icx.peer.inc/landing" rel="noopener noreferrer nofollow">Peer</a> an ecosystem of tools and services that will enable developers to build a new kind of augmented reality metaverse. It offers a vertically integrated blockchain stack from L1 to L4, and a family of products that are either available now or launching soon. They include Peer Explorer, which as the name suggests is a tool for exploring blockchain transactions, Peer Domains, a domain name system for .pmc wallet addresses, Peer Wallet, a crowdfunding platform called Peer Exchange, and an NFT minting platform called Peer Mint.Later this year, Peer intends to launch what it says will be an augmented reality social platform for navigating and exploring its emerging augmented reality web, followed by its very own branded AR headset and glasses next year.The company claims to be building the technology foundation to enable mass adoption of the AR metaverse, starting with its social network that doubles as an exploration tool. It&#39;s all about making blockchain technologies user-friendly too, with a goal of building an ambient computing experience that reimagines software, hardware and advanced artificial intelligence.Peer aims to create a visual architecture for users to explore concepts of time, space and context within the metaverse. According to its founder Tony Tran, context is the missing link between familiar online experiences and ambient computing. To that end, its blockchain is designed as a programmable equivalent of the physical world that discards the idea of a linear social feed for immutable content hosted on the blockchain that can live at any point in time - past, present or future.“Everything in the physical world can be boiled down to Matter, Space, and Time,&#34; Tran told <a href="https://decrypt.co/101251/before-building-the-metaverse-blockchain-needs-an-operating-system" rel="noopener noreferrer nofollow">Decrypt</a> in an interview. &#34;Web1 gave us the matter via data. Web2 gave us space via maps. Web3 gives us time via blockchain. If we combine it, then what we have is an ambient web where the data is mapped to the physical world with the properties of time.”In this way, Peer&#39;s architecture will enable new metaverse experiences such as NFTs that can only be minted when a person travels to a specific location in the real world, helping to merge the distinction between physical and digital realms.<h2 id="header-2">Alien Worlds</h2>Many of the early metaverses are centered around gaming and few have proven to be more popular than <a href="https://alienworlds.io/" rel="noopener noreferrer nofollow">Alien Worlds</a>, which is ranked as one of the most popular crypto games according to <a href="https://dappradar.com/multichain/games/alien-worlds#dappradar-full-description" rel="noopener noreferrer nofollow">DappRadar</a>. Alien Worlds is a decentralized, NFT-based game with over 200,000 unique active wallets and counting. Within it, players compete against one another in a futuristic Earth economy to acquire scarce resources, then arm themselves for inevitable conflict with alien worlds.Alien Worlds&#39; native cryptocurrency is Trillium, which is supported on both Binance and Ethereum. Not only can TLM tokens be used for in-metaverse transactions, but they also grant holders voting rights on matters of DAO governance. NFTs in Alien Worlds are digital items that help players mine TLM more quickly, which is necessary to increase their strength when battling with other players and to purchase land.There are six DAOs in Alien Worlds, each representing one of the game&#39;s planets. Players have to set up their mining base in one of these worlds, with each one having its own elected government. The amount of TLM a player stakes is directly attributable to their voting weight.There&#39;s also the Federation, which is a kind of umbrella organization that governs all six worlds, controlled by Alien World&#39;s founding team. The Federation has the ability to create new planets, allocate Trillium to planetary DAOs and oversee the game. Occasionally, it will also offer virtual land for sale on the planets. By owning land, players can tax any mining operations that take place on it, earning a passive income. Landowners can offer lower tax rates as an incentive for other players to establish mining operations on their land.

Top 3 Up-And-Coming Metaverses To Watch In 2023

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