What is Metaverse?

Metaverse, one of the most intriguing technologies in the crypto world, brings together the virtual world and the real world for people.

Thanks to blockchain technology, it has become very easy to be present in 3D virtual universes or simpler applications with internet-connected devices, and to engage in buying and selling activities there just like in real life. As interest in these projects continues to grow, metaverse projects have been among the highest gainers in the crypto world in recent months. Metaverse games and platforms are continuously developing and attracting more users.

What does Metaverse mean?

The concept of Metaverse, formed by combining the English words "meta" and "universe", is known as "virtual universe" or "other universe" in Turkish. First mentioned in Neal Stephenson's cyberpunk novel "Snow Crash" in 1992, the concept described a digital space that people accessed using virtual reality glasses and fiber optic networks. The crypto world took this concept to another dimension and gave it a new meaning.

History of the Metaverse Concept

The metaverse concept, which we first heard in Neal Stephenson's cyberpunk novel "Snow Crash" in 1992, has recently gained significant recognition in the crypto world. Although the metaverse concept has been taken to a new dimension with the crypto world, its origins actually date back much earlier. For example, Second Life, released in 2003, was a second world where people existed with their own avatars in a virtual world and reached more than a million users by 2013. With this feature, Second Life is defined as the first metaverse game.

Minecraft, one of the most popular video games in history, is another well-known metaverse game. Roblox, released in 2006, can also be counted among the well-known metaverse games.

Today, such games have reached a much more advanced structure on blockchain, offering their own world and financial structure with the support of cryptocurrencies.

Most Popular Metaverse Games Today

Today's most popular metaverse games include Axie Infinity (AXS), Decentraland (MANA), MyNeighborAlice (ALICE), The Sandbox (SAND), Alien Worlds (TLM), and Bloktopia (BLOK).

Axie Infinity (AXS): Axie Infinity, a blockchain-based battle game owned and operated by players, was inspired by Pokemon and Tamagotchi. AXS allows players to collect, upgrade, battle, and trade token-based creatures known as Axies that can take various forms. With its play-to-earn game model, Axie Infinity offers players the opportunity to earn money while enjoying a fun gaming experience. Players can convert AXS tokens created on Ethereum into money on exchanges. Due to its strong community and rapidly rising success, Axie Infinity also functions as a social network and business platform.

Decentraland (MANA): Decentraland is a 3D metaverse platform consisting of 90,601 parcels of land. Running on the Ethereum network, users in Decentraland can buy and sell virtual property as NFTs or build their own worlds on these properties called LAND. They do this with MANA, which is an ERC-20 token.

MyNeighborAlice (ALICE): MyNeighborAlice (MNA) metaverse game offers players a world where they can buy virtual islands as NFTs with ALICE, an ERC-20 token, build their own farms on them, find collectible items, and communicate with other players through their avatars. ALICE token can also be used to earn staking rewards on the MNA ecosystem. Additionally, token holders have the right to participate in the decentralized governance process during development and growth phases.

The Sandbox (SAND): Created by Pixowl company, The Sandbox is quite different from traditional games. The Sandbox is a metaverse game that allows players to create their own universe on a piece of land using various resources like water and sand. As this universe expands, the value of the land can increase, and players can sell or rent this land to other players if they wish. In The Sandbox, players can create their own gaming experiences on their lands, sell them, and convert them into money through the SAND token, which is an ERC-20 token.

Alien Worlds (TLM): Alien Worlds (TLM), a DeFi metaverse blockchain-based game, is free for everyone. This metaverse game, where you can earn Trilium (TLM) tokens through mining and have a chance to get NFT game cards with each mining, was developed by German developers Dacoco in 2020.

Bloktopia (BLOK): Bloktopia game, a blockchain-based project created for the metaverse universe, is a virtual skyscraper consisting of 21 floors, inspired by Bitcoin's supply of 21 million. Making extensive use of technology for user experience and visual areas, Bloktopia makes it possible to conduct events with better visuals and various experiences. Supported by the Polygon network, it's possible to earn BLOK tokens by buying, selling, or renting NFT real estate in Bloktopia and convert these tokens into fiat currency. BLOK holders also receive a share of the advertising revenue that Bloktopia generates from its brand partners.

Metaverse Coins

According to Coingecko data, among the top 15 most popular metaverse coins by market value are Axie Infinity (AXS), The Sandbox (SAND), Decentraland (MANA), Enjin Coin (ENJ), Illuvium (ILV), UFO Gaming (UFO), Render Token (RENDER), Mobox (MBOX), Vulcan Forged (PYR), Yield Guild Games (YGG), RMRK (RMRK), StarLink (STARL), DeFi Kingdoms (JEWEL), Wilder World (WILD), and Star Atlas (ATLAS).

How to Buy Metaverse Coins from Bitlo?

For those who want to invest in cryptocurrency, the question of how to perform AXS, SAND, MANA, ALICE, TLM, and ENJ trading is frequently wondered.

In Turkey, buying AXS, SAND, MANA, ALICE, TLM, and ENJ with Turkish Lira is actually a very easy and quick process, contrary to what is believed. You can quickly, easily, and securely buy from Bitlo, one of Turkey's reliable cryptocurrency exchanges, without needing any technical knowledge or official documents.