The video games industry undoubtedly dominates the gaming sector. Fortnite has topped 350 million registered players since June 2020, with players logging 3.2 billion hours in the game in April 2020 only. Most platform and role-playing games (RPG) already include variations of their metaverse in their gameplay.
In-game buys of character skins as well as other game materials provide for the vast bulk of a gaming company’s ad income, particularly in free-to-play games. Explorable games remain at the forefront because they create a virtual reality arena in which players may engage with the computer-generated environment and the user ecosystem.
Many Metaverse platforms are still not accessible in India and are only available in the United States and/or Canada. Octi is one such application that allows users to make films using virtual objects and environments. It integrates everything that is now popular in technology, such as NFTs and digital currency. But don’t worry, Indians, because the country of a billion people has one of the world’s greatest gaming markets. Mark Zuckerberg also believes that India would play an important role in the development of the Metaverse.
In partnership with an Android game designer, the owner of ZEPETO, a metaverse platform owned by Naver, introduced a new metaverse platform and raised approximately 223.5 billion won ($189 million) from domestic and international investors.
Zepeto is dubbed Asia’s largest Metaverse platform. It was just founded three years ago and now has approximately 250 million members. On Zepeto, you may construct your avatar, which might be how you seem in real life as well as how you decide to look.
Your avatar can converse with the other users who are actual players’ avatars. According to a BBC investigation, there are influencers in Zepeto who make six-figure sums. Subscribers may create virtual things and sell them for ‘zems,’ the app’s currency. Those zems can be exchanged for actual money.
Roblox has been around for about fifteen years in the game business. However, it is more than simply a video game. Roblox is both a game platform and a type of Metaverse. Showrunners may make money by creating virtual environments in Roblox and allowing others to play in them.
Roblox is one of the most successful players in the metaverse globe. Since its inception in 2004, the platform has grown to include 47 million daily active users worldwide and 9.5 million developers who produce “experiences,” or user-created environments and games. Roblox is more analogous to Fortnite–parent Epic Games in that it is focused on creating an immersive environment using existing game technology rather than investing substantially in fledgling technology such as AR and VR.
Players can connect and purchase and trade items. Nike, Hyundai, and Forever 21 all have their own virtual worlds here. Marketing is also likely to shift as a result of the Metaverse. The fashion industry has been consuming all available on Metaverse. As a result, you may anticipate marketing to pervade the virtual parallel universe.
The Sims is another manifestation of the Metaverse. The game was first introduced in the year 2000. The Sims is a life simulation video game series in which you may create an avatar or a sim of yourself. Within the Sim-verse, you can have an entire family. Gucci, Balenciaga, Moschino, and other luxury fashion labels hopped on the Sims bandwagon a long time ago with virtual things for sale.
The Sandbox is a real-estate game software in which players may purchase LANDs with virtual currency. Purchasing a piece of LAND on Sandbox is now a legitimate investment. Each plot of land is represented by a distinct and non-fungible ERC-721 token (NFT) on the Ethereum network. The Sandbox is a community-driven platform that allows artists to sell their voxel ASSETS and gaming experiences on the blockchain.
Metaverse Properties provides land in prime areas in Sandbox for people, businesses, and organisations, ranging from a conference or commercial facilities to art galleries, family residences, and hangout spots. Land of various sizes and places may be found in the Sandbox app. Once users purchase a large number of LANDs, it becomes an ESTATE, and a group of ESTATEs becomes a DISTRICT.
Microsoft’s idea Minecraft is a type of Metaverse as well. Players may construct virtual worlds from start, join other gamers in their virtual worlds, and do a variety of other things. If you’re a lover of ancient Egypt, you may even construct one, replete with pyramids, in which you play the role of the Pharaoh.
There are no restrictions on your inventiveness here, and you don’t even need any specific abilities. Microsoft’s pursuit of the Metaverse does not stop with Minecraft. And indeed, the organisation is determined to make the Metaverse more than simply a place for fun and games… by including PowerPoint slides and Excel spreadsheets. Certainly, you may have to deal with issues in the virtual world one day, when your business office is housed in a Minecraft environment.