A metaverse is a shared, immersive virtual environment in which people, often represented by avatars, may interact with one another, build experiences, and create in-world items and landscapes. Users can purchase, sell, and trade digital real estate, products, avatar accessories, and other objects in metaverses, which often have their own intrinsic economies and currencies. The metaverse can be accessed by a computer, virtual reality (VR) headset, or smartphone. A crypto metaverse, in particular, is a metaverse that uses blockchain as its underlying technology and crypto assets, such as metaverse tokens, in its economy. Decentraland, Cryptovoxels, Alien Worlds, Axie Infinity, and The Sandbox are examples of crypto metaverses and protocols that integrate metaverse aspects. While metaverse-like worlds have existed for some time in massively multiplayer online games, the inclusion of the blockchain, cryptocurrency and virtual reality (VR) into the industry is not only changing who may engage and what they can accomplish, but it is also illustrating the real-world market worth of assets, interactions, and experiences obtained in the digital realms of blockchain games.
