The gaming business is emerging along with the Metaverse and blockchain, which is the way of the future. Metaverse gaming is about the concept of playing games in the Metaverse. Out of 100%, 13% retail market uses metaverse with the US $6.071 Billion annual revenue in 2021. A Metaverse is a vast online community where you may play games and meet new people. Gaming has always been a prime candidate for virtual reality. The main difference between virtual reality games and traditional games are appearing as a 3D virtual reality world that you can view in 360 degrees and almost “touch” through a realistic sense of perception.
The Metaverse is a system that integrates social networking, online gaming, VR, AR, and cryptocurrency to allow users to engage digitally. Players who were earlier interested in other genres of online games, such as multiplayer games, are frequently shifting their interest to the Metaverse. The Metaverse is quite likely to facilitate corporate meetings, trainings, online entertainment, and perhaps web-based learning in the future.
The metaverse has attracted significant investments from gaming companies, tech giants, and VCs alike. Decentraland is among the first companies to explicitly try and build a metaverse for multiplayer gaming. Sandbox is a metaverse-native video game to play, create, own, and govern a virtual space. And Epics Games is best known for Fortnite, a VR game and event destination bundled into one.
The metaverse gaming sector does not only let you play games but also gives you a way to earn money. There are a number of games to play in Metaverse games that have been launched by different gaming giants that pay you in NFTs. Axis Infinity became the major source of income for the gamers, it is an RPG game that allows the players to trade the NFTs on its platform while others are Alien Worlds, Splinterlands, Farmers World, etc. Apart from following linear storytelling and rules, players can engage in profitable activities.
Online game platform and game creation system, Roblox allows people to create their own worlds and games within its wider metaverse. Gaming in the metaverse could incorporate mixed reality, where users move from group text in augmented reality to mixed reality board games. Gaming is the most dynamic and exciting category in entertainment across all platforms today and will play a key role in the development of metaverse platforms. The entertainment industry in the metaverse is going to span from immersive experiences and fantasy worlds to bringing simple games into our everyday lives.
Top 3 gaming industries working on metaverse:
- Fortnite: Fortnite is a VR game and event destination bundled into one.
- Decentraland: Decntraland has a 3D VR platform with measurable real estate, a cryptocurrency based on Ethereum, and a private room for multiplayer gaming.
- The Sandbox: The Sandbox permits you to play, create, own, and manage your virtual real estate.