Are you excited about the potential of the metaverse and curious to know which projects are leading the way in its development? Look no further! In this article, we’ve compiled a list of the most anticipated metaverse projects set to launch or make significant advancements in 2023. From virtual reality experiences to decentralized economies, these projects are pushing the boundaries of what is possible in the metaverse and shaping the future of online interaction. Join us as we take a closer look at the top contenders in the race to build the ultimate virtual shared space.
As we head into 2023, the metaverse industry is expected to continue its rapid growth. With more companies and projects entering the market, it’s becoming increasingly difficult to keep track of which metaverse projects are worth paying attention to. In this blog post, we’ll be highlighting some of the most anticipated metaverse projects set to launch in 2023. From gaming to social media, these projects are poised to take the metaverse to new heights.
Our criteria for selecting the List of Most Anticipated Metaverse Projects in 2023
Innovation: We prioritized projects that are pushing the boundaries of what is possible in the metaverse and introducing new and unique features.
Development progress: We looked at the current stage of development and the likelihood of the project launching or making significant advancements in 2023.
Community engagement: We took into account the level of interest and engagement from the community, including partnerships and collaborations, as well as the size and activity of the project’s social media following and developer community.
Potential impact: We considered the potential impact of the project on the metaverse and its ability to shape the future of online interaction.
Funding: We considered the funding and funding history of the project, including investments from venture capital firms or other sources.
We believe that these factors will help us select the most promising and interesting projects for the list of most anticipated metaverse projects in 2023.
List of Most Anticipated Metaverse Projects in 2023
The Sandbox is a blockchain-based gaming ecosystem that utilizes Non-Fungible Tokens (NFTs) to enable true digital ownership of in-game assets. This metaverse is built on the Ethereum blockchain and utilizes the SAND token as the native utility token to facilitate buying and selling of LANDS and ASSETS within the metaverse. VoxEdit is an important tool that allows users to create and animate 3D projects in the metaverse, which can then be uploaded to the InterPlanetary File System (IPFS) and published on the Sandbox NFT Marketplace for others to purchase.
The Sandbox Game Maker is another essential tool that is available to users. It allows anyone to design, test, and share experiences within the metaverse. It utilizes a drag and drop interface, providing a user-friendly experience for both experienced and new game developers. Users can publish their games on the metaverse once they own LAND in the metaverse. Additionally, the Sandbox NFT Marketplace is an important aspect of this ecosystem, it enables users to publish and sell their assets and games, thus allowing creators to monetize their creativity.
Decentraland is a decentralized 3D virtual reality platform that utilizes the Ethereum blockchain to enable the development of virtual structures such as casinos, art galleries, concert halls, and theme parks. The platform allows users to charge other players to visit these virtual spaces. LAND is the traversable virtual space within Decentraland, it is a non-fungible digital asset that is divided into 16m x 16m parcels and can be purchased with Decentraland’s native cryptocurrency token, MANA.
The Decentraland Foundation, established by Esteban Ordano and Ariel Meilich in 2015, is the organization behind the creation of the Decentraland software. The team raised $26 million in an Initial Coin Offering in 2017 to back its future operations. The foundation holds 20% of the initial token supply and holds the intellectual property rights of the platform. Decentraland has launched a decentralized autonomous organization (DAO) to hand over the management of the project to its users and The private key controlling Decentraland’s smart contract was destroyed. Users can purchase and sell digital real estate, explore, interact with and play games within the virtual world. The platform added interactive apps, in-world payments, and peer-to-peer communication for users.
Illuvium is an open-world fantasy battle game built on the Ethereum blockchain. It aims to provide a source of entertainment to both casual gamers and hardcore DeFi fans through a range of collecting and trading features. The game is a fusion between an open-world exploration game and a PVP battle game. Players can spend their time exploring the expanses of the game world or building up their team of powerful beasts known as Illuvials.
Illuvium is being built by a worldwide team of more than 40 individuals, including the co-founders; serial entrepreneur and early cryptocurrency adopter Kieran Warwick, and experienced game designer Aaron Warwick. The ILV token has a number of uses within the Illuvium ecosystem, it’s the main token used to reward players for their in-game achievements, entitles players to their share of the Illuvium Vault and is used for participating in the governance of the game via the Illuvium decentralized autonomous organization (DAO).
The game features a fully 3D environment, with over 100 unique Illuvials found scattered throughout its various regions. Each Illuvial is represented by a unique NFT and can be freely traded on external exchange platforms and the gas-free IlluviDEX. Illuvium utilizes layer-2 integration, built on Immutable X (IMX), a layer-2 solution that allows for streamlined transaction finality and the ability for players to mint and trade their NFTs. It’s what makes Illuvium unique among other blockchain-powered games, it’s a fully 3D environment, with over 100 unique Illuvials found scattered throughout its various regions, and it’s built on Immutable X which allows for efficient and low-cost transactions.
Bloktopia is a VR skyscraper that serves as a hub for crypto education and entertainment. Built on the Polygon network and using Unity, the game engine used by Sony Playstation VR, the metaverse allows visitors to engage in basic or advanced learning, earn revenue, play games with friends, build networks and more. The metaverse is an NFT-based economy, where entrepreneurs can own land and develop it as virtual real estate, with advertisements and events that create earning opportunities for users.
Bloktopia will be the central hub where users can learn about the world of crypto, which can be challenging to explore. Users can earn revenue by purchasing real estate and even speculating on it, and either resell for profit or lease to a tenant. Additionally, users can earn revenue through passive earning, staking, and advertising. The metaverse is powered by the 3D Creation Engine, the world’s most advanced real-time video game engine, which will leverage the technology to create stunning visualizations and user experiences. Blok tokens allow its holders to purchase NFTs, which represent ownership for REBLOK and ADBLOK, and can be used to purchase and govern real estate within the metaverse.
Star Atlas is a blockchain-based, space-themed, grand strategy video game built on the Solana blockchain. It is a massive multiplayer metaverse set in the distant future, in the year 2,620. The gaming platform explores some of the recent technological breakthroughs by using Unreal Engine 5’s Nanite to create cinematic quality video games and visual experiences. Players on the Star Atlas metaverse can trade, obtain and create non-fungible tokens (NFTs) within the Star Atlas universe thus enjoying an economy that reflects the tangibility, ownership, and value of real-world assets.
The game is built on the Solana blockchain and, therefore, stands to benefit from the network’s transactional throughput that supports an extremely high 50,000 TPS (transaction per second). Star Atlas gameplay features an exploration aspect where players can fly a spaceship with a crew into the vast and void darkness of the Star Atlas universe in search for rich claims that can be staked or mined. The game also features an innovative deflationary mechanism that enables players to engage in riskier activities for greater rewards. Star Atlas also features a DeFi financial system with direct integration with the Serum DEX, enabling players to trade and exchange their in-game assets for other cryptocurrencies.
Big Time is a multiplayer action RPG that allows players to team up with friends and adventure across time and space. The game’s dungeons are procedurally generated, offering players a unique experience every time they play. Players can collect in-game items or hang out with friends in limitless environments and adventures, providing infinite replayability. Players can queue up with a maximum of 6 players in their party, with different play styles to conquer dungeons. Each dungeon hosts various monsters and objectives that need to be completed before facing the dungeon’s boss fight.
Players can earn tokens as they battle across history, defeating enemies and undertaking dangerous quests. Tokens can be used to purchase ultra-rare and exclusive cosmetic NFTs, speed up crafting times, and repair damaged and depleted items. The game’s economy is designed to be identical to that of traditional games, but with tokens as the in-game currency. Players can choose to profit from in-game tokens by selling them on the marketplace or profit from selling NFT items to buyers with prices varying on the level and rarity of the items in question. The game also features Time Machines and SPACE, which players can upgrade and expand using limited-edition SPACE NFTs.
The Otherside metaverse is a virtual world developed by Yuga Labs as an online multiplayer game closely associated with the Bored Ape Yacht Club ecosystem. The project was initially funded with $4.5 million by the founders of Bored Ape Yacht Club and Mutant Ape Yacht Club. The Otherside metaverse is similar to other metaverse platforms such as Decentraland and Sandbox, offering users the ability to build and interact within a virtual world.
The Otherside metaverse utilizes the native currency, APE, for purchasing virtual land and other assets within the platform. The project also utilizes a token called Otherdeeds, which represents virtual land that can be purchased and sold. The vision for the Otherside metaverse is to create a platform for digital-human interaction and to turn NFTs into playable characters. The founders have not yet disclosed specific details about the experience within the metaverse, but have stated that it will feature natural voice chat and machine learning algorithms to eliminate latency and bandwidth issues. The community is expected to drive the growth and development of the Otherside metaverse.
In terms of gameplay, the Otherside metaverse offers a variety of activities and experiences for players to engage in. These include building and customizing virtual real estate, exploring and interacting with the various environments and creatures in the metaverse, and participating in community events and activities. The platform also features a marketplace where players can buy and sell NFTs, including rare and unique items that can only be obtained through specific in-game activities or events.
One of the unique features of the Otherside metaverse is the Kodas, digital creatures that can be collected and trained by players. These Kodas can be used to complete various tasks and missions, and can also be traded and sold on the marketplace. Additionally, the Otherside metaverse features a robust social system, allowing players to connect with others, form communities, and engage in collaborative gameplay.
Overall, the Otherside metaverse offers a rich and immersive gaming experience, with a strong emphasis on community and player-driven content. With its focus on NFTs and virtual real estate, the platform offers players the opportunity to not only enjoy the game, but also to invest and earn rewards through the ownership and trading of unique digital assets.
Wilder World is an immersive 5D Metaverse built on Ethereum, Unreal Engine 5 & ZERO. The metaverse economy is fueled through a uniquely designed Liquid NFT Metaverse marketplace, similar to traditional NFT exchanges where artists and collectors alike can mint, collect, and sell rare digital art. The platform aims to solve three core problems within NFT marketplaces and virtual worlds, including liquidity,
decentralization, and utility. NFTs are incredibly expensive for most people and lack liquidity, while current NFT platforms fill the role of a middleman and are not really decentralized. Additionally, existing NFTs lack utility and simply sit in a wallet while not enabling any use beyond being purchased, viewed, or resold.
NFT Worlds is a decentralized platform that allows users to purchase, own, and build on virtual worlds in the form of non-fungible tokens (NFTs). The platform is built on Ethereum and uses Minecraft’s open-source software to create the virtual worlds, making them familiar and accessible to a wide range of players. Each world is unique and can be used for a variety of purposes, such as building a metaverse, hosting events, or creating a play-to-earn game. The platform’s native currency, the WRLD token, can be used for in-game purchases and player-to-player transactions. The NFT Worlds team is made up of a small group of developers who started working on the project in September 2021 and launched the platform in October 2021. It is unique for its large size of virtual worlds, compared to its competitors and it is on Ethereum blockchain and uses the Polygon sidechain for faster transactions and lower gas fees.
Treeverse is a top-down open-world classless MMORPG built for mobile with social features and an emphasis on cooperative gameplay. In this game, players will journey to the Arboros continent, where they will own the assets they spend time grinding for. The game’s starting point is the city of Elderwall, which is protected by the World Tree, and players will immerse themselves in a world of mythical creatures surrounded by Jovians and Sidhe. As players explore and quest, they will encounter unique weapons and powerful bosses to test their skills against.
One of the unique features of Treeverse is the ability for players to own their own plots of land and build their dream houses. This not only adds a layer of personalization to the game, but it also allows players to open up their houses to other adventurers or keep it private for only their friends and guild members. Additionally, players can gather rare resources, forge unique weapons, and trade them with other adventurers. This adds a layer of player-driven economy to the game, giving players the option to become landlords or master forgers.
Treeverse is a top-down open-world classless MMORPG built for mobile with social features and an emphasis on cooperative gameplay. In this game, players will journey to the Arboros continent, where they will own the assets they spend time grinding for. The game’s starting point is the city of Elderwall, which is protected by the World Tree, and players will immerse themselves in a world of mythical creatures surrounded by Jovians and Sidhe. As players explore and quest, they will encounter unique weapons and powerful bosses to test their skills against.
One of the unique features of Treeverse is the ability for players to own their own plots of land and build their dream houses. This not only adds a layer of personalization to the game, but it also allows players to open up their houses to other adventurers or keep it private for only their friends and guild members. Additionally, players can gather rare resources, forge unique weapons, and trade them with other adventurers. This adds a layer of player-driven economy to the game, giving players the option to become landlords or master forgers.
Horizon Worlds is a virtual reality game developed by Meta Platforms, which allows players to move and interact with each other in various virtual worlds. The game is free to play and is compatible with Oculus Rift S and Oculus Quest 2 headsets.
The game includes an integrated game creation system that allows players to create their own worlds and personal spaces within the virtual reality. Players can also customize their own avatar, with a custom face and outfit, to represent themselves in the virtual world. The game also features a hub, or “plaza”, where players can take portals to different worlds created by other users.
Horizon Worlds was first announced in September 2019 as Facebook Horizon, but was later rebranded in October 2021. The game entered an invite-only beta phase in 2020 and was officially released in December 2021 in the US and Canada for players 18 years or older. Despite its launch, the game has struggled with low user numbers and mixed reviews from critics, citing issues with bugs and an unenjoyable environment. Despite this, Meta has announced plans to expand the game to mobile devices and the web in 2022, and also started testing monetization in the form of in-app purchases and creator bonus programs.
