Although the Metaverse is still very young and we still do not know everything that we are going to find in it, it is currently possible to divide these planets, or projects, into seven main categories Which are?
1.- DeFi
DeFi projects, or decentralized finance, are replacing current banking services.
Within these projects, we can buy the different currencies of the metaverse, request loans, make investments that generate returns and much more.
All this without depending on intermediaries that control and manipulate the transactions we make.
2 games
The games within the Metaverse are playful applications, very similar to the video games that currently exist. The difference is that the games within the Metaverse incorporate NFTs, cryptocurrencies and are connected to different blockchains.
Within these projects, the players are the true owners of the digital assets that are part of the game and are rewarded for the time they invest within the ecosystem.
3.- Collectibles
We human beings like to own beautiful and unique items. With NFTs it is now possible to do this, also in the digital world.
You can collect anything. Very complex digital art, boring monkeys that are bought for 3.4 million dollars, rocks, etc… Someone even created a pixel that was sold for 1.36 million dollars.
4.- Marketplaces
In the markets of the Metaverse you can sell or buy your favorite NFTs. Currently, they are focused almost exclusively on collectibles and game assets. In the future we will see projects like Mercado Libre or Amazon, where you can buy or sell almost anything.
5.- Social networks
The social networks of the Metaverse are emerging as a great option that will allow the user to be the owner of their own content and information.
Within them, the monetization will be done without intermediaries, this will make these platforms much more powerful than the social networks of Web 2.0, such as Facebook, Instagram and Twitter.
6.- DAOs
The DAOs are decentralized autonomous organizations that allow us to organize ourselves in groups, to achieve common goals, without the need to know each other and trust the rest of the organization’s participants.
These types of projects are the ones that will most drastically change the way we currently live.
7.- Immersive virtual worlds
Immersive virtual worlds are a new reality where we can interact in different ways.
Nowadays they are more like games; however, in the near future, thanks to hyper-realistic virtual reality, our brains will be unable to distinguish between our physical world and digital environments.
Most of the planets, or projects, in the Metaverse are part of several categories at the same time. For example, Axie Infinity, in addition to being the most important game in the ecosystem, is also a DeFi project, it has its own market, it is a collectible NFTs project and in the future it will be a DAO, which will have its own immersive virtual environment.
Do you know another type of project within the Metaverse? What kind of projects do you think will emerge in the future? Remember that the Metaverse is still very young and we are now in a stage of creation and discovery. I invite you to let your imagination run wild and think about what you would create with this wonderful technology.
Do you have any comments about this text? May I help you? Write me. It will be a pleasure to talk with you.
Alberto Arroyo