The Metaverse continues to grow in popularity since Facebook rebranded itself, even more with TIME magazine featuring it on its August 2022 issue cover. As a result, new projects regularly emerge, offering innovative and rewarding use cases.
Furthermore, with the news of a $2.4 million digital land sale, everyone wants to invest in the Metaverse, hoping to make money somehow. Many people could have the opportunity to become millionaires.
Here, we’ll look at the best metaverse apps available right now, explaining the numerous advantages of investing in them.
A Closer Look at the Best Metaverse Apps
These apps may pique the interest of those wondering how to invest in the Metaverse, as many of them represent a viable investment opportunity. However, the number of Metaverse apps that have already garnered massive community support due to their innovative approaches to social interaction can be pretty large.
As a result, when you browse the various categories, you will discover many Metaverse app stocks to invest in. As a result, to further assist you, we’ve compiled a list of the best metaverse apps to get you started.
Decentraland
Over the last year, Decentraland has become one of the most popular metaverse apps. MANA, the platform’s native token, has emerged as one of the best metaverse coins for investors due to its popularity. This was demonstrated by the token’s 700% price increase in late 2021.
Users can explore the rich environment by creating avatars in Decentraland’s 3D world. Notably, users can also purchase virtual land plots within this world, which are structured as NFTs (called LAND). These LAND parcels can be monetized in various ways, including in-world advertising.
Users can also create 3D “scenes” to interact with other users. These scenes can be anything that comes to your mind, and with a team of NFT architects, you could make groundbreaking designs to sell in the future when they become famous.
An extra point for Decentraland is its Explorer app for Android, which allows users to explore the vast universe of NFTs associated with the platform, so almost anyone can join the Metaverse.
Axie Infinity
Axie Infinity had more than 2 million daily active users at its peak in November 2021. Within its world, players can buy monsters called Axies and battle them against the Axies of other players to earn rewards. These prizes are given in AXS (Axie Infinity’s native token).
Furthermore, because all Axies are NFTs, players can easily buy, sell, and trade them on the game’s marketplace. Axie Infinity is still one of the most popular metaverse apps because players can ‘breed’ their Axies, increasing their chances of earning rewards.
Roblox
Roblox is distinct from the other metaverse apps because the platform is not hosted on the blockchain. Instead, it is an online platform that allows users to create their games as well as interact with games created by others.
Roblox Corporation, the company behind the platform, is publicly traded, which means that investors can buy stocks to gain exposure to the platform’s growth. In 2021, RBLX shares doubled in less than a month, indicating exponential growth.
Much of this was due, in part, to Roblox’s widespread popularity, with the platform boasting over 202 million monthly active users in April 2021. And additionally, those who create games with Roblox can earn rewards by selling in-game items, paving the way for monetization.
Battle Infinity
Battle Infinity is a crypto-gaming platform that features play-to-earn (P2E) battle games that allow players to earn rewards. It is hosted on the Binance Smart Chain and provides a rich 3D world called the ‘Battle Arena,’ where players can explore and interact with others.
Investors interested in purchasing Battle Infinity can do so during the project’s presale period. Those who want to learn more about this new metaverse app should join the official Telegram group, where all major announcements are made.
MOBOX
MOBOX is a community-driven GameFi platform that combines yield farming with NFTs, allowing users to play various P2E games and earn rewards. These games are free to play and reward users for their skills and participation.
In addition to gaming, users can trade NFTs and purchase mystery boxes containing randomized prizes. There’s even the option to stake MBOX tokens for a high yield. MBOX can also be used for governance, giving platform users a say in the platform’s future.
Mines of Dalarnia
Mines of Dalarnia is one of the best play-to-earn games with metaverse concepts.
Because of its free-to-play nature, this game has a high metaverse app ranking, allowing players to collect in-game objects and upgrade their character. Rewards are given out in DAR the native token of Mines of Dalarnia, which can be used to buy items from the in-game marketplace.
This game has dungeon-crawling mechanics similar to the well-known Diablo franchise. Players can mine for resources throughout Mines of Dalarnia’s levels, which they can use to improve their character’s attributes or tools. It also has mechanics built in because there are monsters that players must defeat.
The Sandbox
One of the best Metaverse NFT projects, The Sandbox, was launched in recent years to allow users worldwide to express their creativity. Players will find the VoxEdit tool within The Sandbox to create in-game structures. Once a structure is built, it can be assembled as an NFT and sold to others.
Transactions take place on The Sandbox marketplace, with SAND serving as the native currency. Users also can create 3D games with no programming experience.
Zepeto
Zepeto is another excellent metaverse app on the market. It is a Naver Z metaverse platform that allows users to create 3D avatars and interact with others. Users can purchase virtual items such as clothing and accessories and communicate with friends in the virtual world.
Furthermore, major clothing brands such as Nike and Gucci have capitalized on the app’s popularity by creating digital versions of popular items. This crypto game is in a great position to foster exciting collaborations with other leading brands now that it has over 300 million subscribers worldwide.
How to Invest in Metaverse Apps
While many regards it as the pinnacle of entertainment, only a small percentage of investors recognize the Metaverse’s distinct nature as a trend to invest in. However, many people hesitate to invest because the industry is still early.
Surprisingly, purchasing land from Metaverse worlds or even buildings are some of the best ways to invest in this concept, but there are others. As a result, to assist you, we’ve listed various ways to invest in the top metaverse platforms and apps. So let’s take a look!
Investing in Metaverse Games
Buying tokens or shares of Metaverse games is one way to invest in them. At present, the presence of high-profile initiatives such as Battle Infinity and Tamadoge has fueled the meteoric rise of Metaverse games in the last year. However, remember that the more a game is known the more expensive its currency will be.
Investing in Metaverse NFTs
Purchasing NFTs is also a smart way to invest in the Metaverse. Several of the top NFTs from the previous year were used in projects centred on the Metaverse due to their unique qualities. Within the Metaverse, you can create NFT architecture, which combines pretty well with digital land.
Due to the absence of physical limitations within the Metaverse, designs can be spectacular, making their perceived value high. Therefore, having one or two incredible NFT architectural designs to sell in the future can be an important move.
Furthermore, one of the critical aspects of NFTs that attract Metaverse enthusiasts is the ability to provide “real” ownership of in-game assets. This ownership of goods in the Metaverse can be used to create virtual lifestyles.
Investing in Metaverse Crypto
Another excellent way to invest in this industry is through cryptocurrency. Many apps have native coins that can be bought when they are still at an affordable cost and resold when their popularity of them grows.
Moreover, these tokens can be used for various purposes, including in-game transactions, governance, and staking, which can give even more added value to having a good amount of them.
Investing in Metaverse Real Estate
Another unique opportunity that has emerged in recent years is Metaverse real estate. This new investment opportunity offers a unique perspective on digital land ownership and tenancy. You can even add buildings to said lands, increasing their value.
Investing in Metaverse Stocks
A great way to invest directly in Metaverse apps is by buying its stocks. The variety of metaverse app stocks available is good for those who prefer to trade on the stock market rather than the crypto market. This makes it easy to diversify your portfolio and avoid becoming “overexposed” to a single project.
Conclusion
Considering all the aspects of the platform, its popularity, and the price movements of its token, investing in the Metaverse is a great option. Moreover, the Metaverse apps have gotten much attention lately, thanks to the growing popularity of digital lands and P2E games.
However, while all of the apps on this list are excellent for investing, considering that cryptocurrencies can be volatile, you should exercise caution when investing. Investing in more secure assets like stocks or 3D models that are less likely to lose their value is the best idea for those starting to invest.
