Metaverse definition
Definition
Virtual worlds where blockchain enables true digital ownership
Crypto metaverses differ from traditional games by allowing actual ownership of virtual assets as NFTs; land, items, and identities can be traded across platforms with real monetary value. Major Platforms: Decentraland (LAND NFTs), The Sandbox (gaming focus), Axie Infinity (play-to-earn), Otherside (Yuga Labs). Economics: Virtual land sales exceed $600M, brand partnerships growing, creator economies emerging. Future Vision: Interoperable assets across worlds.
Crypto metaverses differ from traditional games by allowing actual ownership of virtual assets as NFTs; land, items, and identities can be traded across platforms with real monetary value. Major Platforms: Decentraland (LAND NFTs), The Sandbox (gaming focus), Axie Infinity (play-to-earn), Otherside (Yuga Labs). Economics: Virtual land sales exceed $600M, brand partnerships growing, creator economies emerging. Future Vision: Interoperable assets across worlds.
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