Year Ender: Top Metaverse Projects to Invest in 2023; Here’s The List

Last year, Web3 took the world by storm, with metaverse platforms becoming the center of attention. A number of celebrities, brands, and entrepreneurs have invested heavily to have ownership over virtual lands or digital assets in the Metaverse. And this trend is here to stay.

As predicted, artificial intelligence is changing the world today. And with so many people working to make Metaverse a reality—a huge ecosystem that could be the next iteration of the web—investing in this emerging technology early on makes sense.

Here are the top metaverse projects to invest in 2023.

Decentraland (MANA)

Decentraland is an emerging metaverse platform with the potential to become a huge metaverse ecosystem in itself. This popular virtual gaming metaverse enables players to develop and monetize 3D virtual real estate. Every piece of virtual land purchased in Decentraland is an NFT, which cannot be reproduced.

Users can buy virtual plots of land to build their own environments, marketplaces, and apps. They can also host live music concerts, conferences, exhibitions, etc. MANA is the native cryptocurrency of this ecosystem. As Decentraland’s ecosystem matures and goes mainstream, MANA prices will skyrocket, giving early investors a huge ROI.

As of now, MANA is trading at $0.3769, which is 9.38% and 14.76% down in the last 7 and 30 days, respectively. MANA has seen a price slump of 41.41% in the last 2 months and 48.74% in the last 3 months. Since the price of MANA has dropped due to various conditions, including Crypto Winter and the FTX crisis, it has the potential to go up next year.

The Sandbox (SAND)

The Sandbox blockchain gaming virtual world allows gamers to build, own, and monetize gaming experiences on the Ethereum blockchain. SAND is the platform’s primary utility token.

The platform enables users to create and sell voxel assets (in computer-based modeling or graphic simulation) and digital multiplayer gaming experiences. Users can design virtual worlds that include characters, buildings, works of art, events, and resources, as well as control how those worlds interact with one another.

They can design their voxel assets or experiences, such as games, dioramas, and art galleries, using the platform’s 3D voxel modeling and NFT creation package, VoxEdit, or Game Maker. These can be monetized to make money.

SAND is currently trading at $0.5529 and is down by 8.46% and 4.84% in the last 7 and 30 days, respectively. It has seen a gradual decline for the last few months, with prices plummeting 29.46% in the last 2 months and 38.19% in the last 3 months.

Even if prices have declined due to the market crash and crypto winter, the platform still offers a good value proposition to investors. If things don’t go sideways in the coming months, there’s a good chance that SAND can attract more users and become a prime destination in the world of Metaverse. Hence, it can give investors a decent ROI in the near future.

Also Read: Top 3 Crypto Earning Games Worth The Hype in December 2022

Gala (GALA)

Gala is a blockchain gaming platform that combines the advantages of non-fungible tokens with the thrill of gaming to create a platform where players can freely trade in-game items. It also includes a variety of blockchain-based social games aimed at fostering relationships and connecting people.

GALA is used as a non-refundable utility token and a medium of exchange for the Gala Games ecosystem.  It seeks to provide a viable and secure form of payment and settlement amongst Gala Games players, for example, to pay for digital products or in-game items.

GALA can also be used to buy digital products such as NFTs through the game’s shop and player marketplace. The gamers can also create and customize their avatars.

Gala has yet to become as popular as Decentraland or Sandbox. However, it is giving good competition to other metaverses, especially the gaming ones, and might give a very good ROI in the near future.

Also Read: Here’s How Much Your $100 Investment in Ripple Will Be Worth If XRP Reaches $1