2024 Blockchain Crypto and 7 Metaverse Projects to Expect

Blockchain, Crypto and Metaverse projects are here with us, and 2024 will be one to remember. There are some of the most anticipated projects from all areas including education, employment, entertainment, gaming, trading, retail, and more.

Cryptocurrencies have been serving as the main form of assets in virtual ecosystems as an acceptable virtual transaction currency. This has led tech giants such as Apple, Google, Meta, Microsoft, and Tencent to heavily invest in Metaverse projects.

Our post will review some of the most anticipated Blockchain, Crypto, and Metaverse projects of 2024. It’s without a doubt 2024 will be an exciting and hard-to-keep-up year for the Metaverse technology community.

Several projects have already gained pace giving everyone an opportunity to drastically change their lives. Web 3.0 is the complete world of Blockchain, Crypto, and Metaverse universe. These three fields will determine the digital asset frontier of the future.

For those new to the Metaverse world, let’s take a closer look at what Metaverse is and the potential it offers to all of us.

A Brief Review of Metaverse

A virtual imitation of reality best explains what Metaverse is to newbies. The virtual worlds include places such as concerts, galleries, sports, and travel, all made possible thanks to custom-made avatars.

Therefore Metaverse is a three-dimensional world known to include virtual places where different parties often meet. You can interact in these 3D areas creating a future version of the internet as we know it.

Did you know there’s more than one Metaverse? Numerous Blockchain and crypto firms are creating and developing different versions of Metaverse to suit their ecosystem. And each Metaverse universe comes with its own network protocols.

It remains a one-goal approach for all Metaverse which is to allow for more overlap between a digital and real-physical life. With cryptocurrencies largely utilized for processing transactions on the Blockchain network, they are also a means of exchange and store of value in the Metaverse.

Cryptocurrencies therefore operate as money in the Metaverse. These include avatar shoes, NFTs, Virtual Real Estate, and more. Each Metaverse comes with its own set of acceptable currencies for convenience and ease of use.

Here are the top Metaverse projects anticipated in 2024

1. Axie Infinity (AXS)

Axie Infinity is a Blockchain-based game loved by gamers thanks to the animal-like characters with huge prize money to be won. The game offers players a chance to earn money while gaming, doing what they love most.

There are hundreds of users who’ve turned to Axie Infinity as a full-time career path. The acceptable native coins for the ecosystem include AXS and SLP which are based on the Ethereum Blockchain.

AXS is the governance token with AXH holders having the power to vote on the game’s future projections including development plans. These include having to vote yes or no for certain updates and how to effectively use the governance token use.

That’s one of the reasons AXS was voted one of the top most ranked CRYPTO in the Metaverse universe in 2021. The value went up by 200% compared to other previous years. SLP tokens are earned through various activities such as adventure or battle mode.

Users can also use SLP (Smooth Love Portion) to breed Axies. As the game progresses, these creatures become valuable with the trend becoming more vivid in 2023. Players are taking the in-game currency and cashing out in the real world, profiting from gaming alone.

2. Bloktopia

Bloktopia is a Metaverse project using a Skyscraper theme game where users interact on the 21-storey structure. Since the construction is incomplete at the start of the game, it all depends on users’ ingenuity and input to help the Metaverse grow.

The platform is looking for new ways to create and streamline content creation revenue for users. There are 6 levels to explore with land parcels available for grabs. These are categorized as Adblok and Reblok land parcels.

Adblok is the advertising space on the Bloktopia universe and serves as a platform for advertising on this Metaverse. BLOK is the native token used in the Bloktopia universe. You can exchange BLOK tokens on both centralized and decentralized crypto exchanges.

Reblok on the other hand represents real estate within the Metaverse allowing land parcel owners to build or trade these assets. And that’s one of the many ways to earn passive income as Reblok holder in the Bloktopia ecosystem.

Bloktopia is operating on the Polygon Blockchain with the BLOK token available on Arbitrum Ethereum, Polygon, and other platforms as well. Various renowned companies have partnered with Bloktopia solidifying the project’s stance in the Metaverse world.

3. Decentraland (MANA)

For those wondering, Decentraland is the LARGEST Metaverse currency with an estimated market value of $5.6 billion. It’s commonly referred to as a virtual cosmos encompassing the entire Metaverse.

MANA over the past few months has quadrupled in value despite a sharp drop witnessed in December, 2022. There’s no doubt Decentraland is the first fully decentralized virtual ecosystem.

With LAND contracts available, it has made it possible for users to buy and sell virtual land property. The ecosystem uses the decentralized autonomous ecosystem (DAO) with smart contracts that help power the Decentraland ecosystem.

4. Enjin Coin

Enjin Coin is another Ethereum-based digital cryptocurrency created to facilitate transactions on the Enjin Metaverse. An ERC-20 token, Enjin gives tangible value to digital assets on the Enjin ecosystem.

The platform is different as it locks token circulation therefore reducing supply and in effect making ENJ a deflationary currency. It’s a medium of exchange used by users to ensure an interoperable transaction ecosystem.

5. Gala (GALA)

Here’s another Blockchain gaming platform combining the benefits of NFTs where users swap in-game products. GALA offers several Blockchain-based social games which offer strong relationships between users on the ecosystem.

Some of the Metaverse games currently using the GALA ecosystem include Echoes of Empire, Fortified, Mirandus, Spider Tank, and Town Star. GALA is the game’s native coin and is a network governance token offering users incentives.

6. High Street (HIGH)

Here’s an idea with a lot of promise in 2024, members can shop for products using the HIGH tokens including Shopify sites. It’s a half physical and half virtual type of Metaverse ecosystem where sold goods are utilized as NFTs.

Funded by HTC, the project raised around $5 million in the first round of donor fund raising. HIGH is a one-of-a-kind virtual game combining ecommerce and gaming experience. The platform is also a play-to-earn ecosystem integrating elements of gaming and shopping.

7. Metahero (HERO)

This is a brand new Metaverse centered on 3D avatars created from real-world people images. The ecosystem uses 3D Scanning of real world humans and have them installed for new in-game avatars.

Conclusion on Blockchain Crypto and Metaverse Projects 2024

There’s no denying the Blockchain, Crypto and Metaverse world are growing in a considerable rate. These are just but a few of the world’s leading Metaverse projects expected to grow in 2024.

If you’re planning to invest in Blockchain, Crypto, or Metaverse in general, look for professional guidance before making any commitments. There are several lucrative projects to engage in if you get in early.

You can always take Metaverse as just another fascinating technology revolution happening all over. We hope that the above post offers insights into the leading Blockchain crypto and Metaverse projects of 2024.

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