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4 Blockchain and Crypto Projects in the Metaverse

Disclaimer: This article is for educational purposes only. KRYZA Education has no relationship to these projects, and there is no endorsement for these projects. The information provided through KRYZA Education does not constitute advice or recommendation of investment or trading. KRYZA Education does not take responsibility for any of your investment decisions. Please seek professional […]

Instructor Gergő Várhegyi
Updated March 23, 2022

About Course

Disclaimer: This article is for educational purposes only. KRYZA Education has no relationship to these projects, and there is no endorsement for these projects. The information provided through KRYZA Education does not constitute advice or recommendation of investment or trading. KRYZA Education does not take responsibility for any of your investment decisions. Please seek professional advice before taking financial risks.

 

The metaverse is growing at a rapid rate. Projects keep developing and connecting to help bring more aspects of our digital life together. Blockchain is already playing a critical role in this development.

Binance Smart Chain is home to a large number of metaverse projects. These include RPG games like Cyber Dragon and Alien worlds, the metaverse universe SecondLive, and even a player-owned Casino called decentral.games. Collectible card games like TopGoal also have a place in the metaverse.

On the Ethereum blockchain, Decentraland and the Sandbox provide similar metaverse experiences where users can create a digital identity, purchase land, and trade NFTs on NFT marketplaces. Their combination of work, life, and play even lets players take part in play-to-earn DeFi economies. By interacting with and playing the game, users have the potential to generate an income. Bloktopia provides a similar experience set across 21 floors of a digital skyscraper. Users can trade and rent real-estate space on each floor to generate an income.

While the Enjin project doesn’t yet offer a 3D virtual reality universe to explore, it does provide the tools for creating in-game NFT assets. NFTs are another important part of the metaverse as they can create digital collectibility. Through Enjin, users create liquid NFTs that can be broken down into ENJ tokens at any point.

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Course Content

4 Blockchain and Crypto Projects in the Metaverse
The metaverse is growing at a rapid rate. Projects keep developing and connecting to help bring more aspects of our digital life together. Blockchain is already playing a critical role in this development. Binance Smart Chain is home to a large number of metaverse projects. These include RPG games like Cyber Dragon and Alien worlds, the metaverse universe SecondLive, and even a player-owned Casino called decentral.games. Collectible card games like TopGoal also have a place in the metaverse. On the Ethereum blockchain, Decentraland and the Sandbox provide similar metaverse experiences where users can create a digital identity, purchase land, and trade NFTs on NFT marketplaces. Their combination of work, life, and play even lets players take part in play-to-earn DeFi economies. By interacting with and playing the game, users have the potential to generate an income. Bloktopia provides a similar experience set across 21 floors of a digital skyscraper. Users can trade and rent real-estate space on each floor to generate an income. While the Enjin project doesn’t yet offer a 3D virtual reality universe to explore, it does provide the tools for creating in-game NFT assets. NFTs are another important part of the metaverse as they can create digital collectibility. Through Enjin, users create liquid NFTs that can be broken down into ENJ tokens at any point.

  • Introduction
  • Why are crypto and blockchain important for the metaverse?
  • Metaverse projects on Binance Smart Chain
  • What is The Sandbox (SAND)?
  • What is Decentraland (MANA)?
  • What is Enjin (ENJ)?
  • What is Bloktopia (BLOK)?
  • Closing thoughts

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