The future possibilities in the Metaverse are going to be endless, but let’s go through what you can do in the Metaverse as of today!
What is the Metaverse?
You may have already come across Mark Zuckerberg’s virtual reality version called the Meta. The Meta VR world can be accessed by using the Oculus Meta Quest 2. Other possibilities could be checking out a digital art gallery through the Decentraland or playing to earn through The Sandbox. (In the Sandbox you can also create your own games without even knowing code)
Read more: The Best VR Accessories For The Metaverse
Build, explore or play in the virtual worlds
Second Life is closest to the metaverse which kind of gives you more of a multiplayer version of the Sims. You can do just about everything in the Second Life and people have actually documented spending their lives in the game, living off the virtual land, harvesting the game’s in-game currency, Linden dollars, and attending events.
In the 2020s, crypto games have come even more in-depth with The Sandbox and Decentraland with their videogame economics, mixed with digital assets that can be purchased or sold. Not only can you import your own non-fungible tokens (NFT) into the games and buy virtual land, but you can also use the games’ fungible governance tokens to alter the virtual work you’ll inhabit, explore and build.
The Sandbox uses the fungible SAND tokens as in-game currency and uses NFTs to represent parcels of land and other game-native items, which could be to personalize your avatar, and Decentraland has fungible MANA tokens and equivalent non-fungibles for virtual assets.
To get started in the Decentraland all you need to do is connect a crypto wallet that is compatible such as InfinityWallet. While The Sandbox is in Alpha Season 2 you will get to check out everything that the Alpha Season 2 has to offer.
These games will allow you to roam around the virtual worlds, and hang out with brands or celebrities that are rushing to buy our land through The Sandbox. The virtual spaces are very much like a huge virtual mall with all your favorite brands, art galleries, social life, games to play, build houses, or even attend events.
The Social Side Of The Metaverse
There are tons of locations throughout the Metaverse to hang out. While there are certainly huge open worlds like The Sandbox and Decentraland, you can also check out some custom-built rooms on the platform Spatial. This type of app are built perfectly for events, conferences, and meetings virtually. In Spatial you can either visit pre-built rooms or create your own. Spatial world can be accessed by mobile, Steam, on a browser or even through an Oculus VR headset.
Virtual reality is becoming a very popular criteria for the metaverse. Strap on a VR headset, like HTC Vive, Valve Index, or Meta (formerly Oculus) Quest 2 which is by far the easiest way to get started and launch yourself into the Metaverse. Some VR software comes with a preinstalled virtual home in which you can modify and personalize to your own imagination.
Invest in the Metaverse, NFTs, or tokens
There are many ways of investing in the Metaverse. First is investing in NFT avatar drops, that are offered by Nike or Adidas. Think about being able to purchase a fresh pair of shoes for your avatar as an NFT and later on you decide you like them anymore. In the Metaverse, you can sell your NFTs on the marketplace and could even make your investment back plus more. What makes this concept extremely exciting is that there are a ton of games on the market right now like Fortnite in which you can buy digital goods but these digital goods are only useful in that one specific game.
What if you like eSports games in which every year a new game comes up leaving all that money you have already “invested” into that game lost forever if you never play the game again. There have been some improvements but there is a long list of things you much do to qualify to transfer some of the progress over. Would be extremely liquid to be able to transfer all your investments from your in-game character over for years to come.