let's visit the metaverse blocktopia a virtual
world built in a skyscraper with a cyberpunk vibe remark a platform with nested nfts
being sent across different blockchains the sandbox a place to build and monetize your
gaming experience vulkan forged a game studio that specializes in nft games and rewards
players with play to earn mechanics these are four projects developing their own metaverse
and i'll teach you what they are what they do and how to participate in them this is part of
kucoin's explore crypto sector series and this is the metaverse sector this video's goal is to
teach you about the metaverse in simple terms however nothing in this video should be considered
financial advice it is not financial advice and you need to do your own research to the
point where you can form your own opinion before investing and when you are ready to invest
these coins and many more are available on kucoin if you'd like to sign up there is a referral
link in the description to get 20 off on your trades this is a video you don't want to
miss so be sure to stick around until the end and if you see anything you like feel free to hit
that like button and let us know in the comments what do you think now let's get started what is
the metaverse i'm sure you've heard that term tossed around and i'm just going to give you the
simple answer it is a digital interactive world that is replacing what we do in the physical
world so in the physical world we would go to a store we would buy a pair of shoes and then
we could inspect it we can interact with it and then we would take it home right now on the
regular internet that's replaced with a web page and we just make a few clicks and it shipped home
to us now with a metaverse it aims to bring back that physical world experience digitally so your
digital avatar would go to a store it would look in the shoe section you'd be able to inspect
the shoes digitally and then you'd be able to order it and it would be shipped to you now that
was probably the best explanation of a metaverse but depending on what type of metaverse you use
your experience may be very different a lot of these metaverses at the moment are in development
so it's kind of a race to see who gets there first now if that was helpful feel free to hit that
like button and let me know in the comments what you think would be the number one metaverse of
this year why should you care about the metaverse during the pandemic a majority of companies had
to rethink how to operate with work from home this resulted in less face-to-face connections between
businesses and employees similarly schools needed ways to teach students in a virtual environment
this and more has accelerated companies to develop in the metaverse so we can communicate deeper in
a virtual world just as we would in the real world to see why the metaverse is a big deal look
no further than huge companies like microsoft nvidia apple and epic games they are working on
infrastructure environments and more to prepare for the metaverse oh and let's not forget facebook
who recently changed their name to meta platforms or just meta in short a lot of big players are
betting big on the metaverse so it's probably a good idea to know what's happening in this space
with all that in mind let's take a look at our first project number one blocktopia coin name
block picture this cyberpunk 2077 meets crypto social media influencers and nfts that's
blocktopia it's an upcoming gaming project in the metaverse that acts as a virtual skyscraper
made up of 21 levels this is to pay recognition to bitcoin's 21 million maximum supply and it's all
powered by the polygon network fast transactions and low fees the skyscraper will act as a central
hub and welcome everyone at all levels of crypto experience using your created avatar you
are free to explore this interactive world meant to be experienced in virtual reality the
native token block is vital to the ecosystem so you will be needing that coin and token holders
will be known as blocktopians this metaverse will be made of real estate blocks that can be
purchased and governed by the block token holders more on that later in the world of blocktopia
your block can be used to purchase items like nfts and concert tickets kucoin also has a
metaverse office in blocktopia that you will also be able to visit as of the making of this
video blocktopia is in its alpha stages with no official launch date yet but let's talk about
how it works anyway getting started to enter blocktopia you first need to create a blocktopia
wallet this wallet will act as a passport within blocktopia and it will hold your block tokens
after setting up your wallet you can name and create your own personalized avatar places of
interest all blocktopians will enter on level 1 making it have the largest foot traffic of the
skyscraper this level will be key to all users as it will contain cryptocurrency pricing information
a help desk plus an agenda and a navigation area users can gain an overview of the events taking
place during the day and register to participate this level will be home to prime retail space
where advertisers will pay a premium and more on advertising later because that's another
way to generate passive income within blocktopia now let's just jump to the top floor 21 the top
floor of blocktopia will be a luxury penthouse used exclusively for gaming ranging from popular
multiplayer games engaging family friendly games to more casino-type games such as poker there will
also be an auditorium that will hold immersive and interactive events like concerts attendance will
be encouraged by rewarding blocktopians with the block tokens which is always nice other ways to
earn block reblock within blocktopia you can buy real estate known as reblock on your reblock land
you can open a storefront to sell nfts or accept advertisements from companies to display their
ads on your land so if you own the land you can use that to display advertisement and if you do
that you will earn block tokens in the process blocktopians can speculate on your property and
you can either resell it for profit or lease it out for passive income you can also earn block
tokens through advertising called adblock if you want to advertise in blocktopia you'll be doing
it via adblock a proportion of these advertising fees generated from adblock will be returned to
blocktopia token holders so you are rewarded for being a token holder that means you earn passive
income as a token holder whenever someone is paying for ads so whenever you see an ad in this
metaverse it could be benefiting you if you are a block token holder currently the game is still in
alpha but you can still stake your block tokens to earn more passive income from the staking rewards
number 2 remark coin rmrk remark is a set of nft legos they're called legos because they can
keep being added to that gives nfts infinite extensibility remark is hosted on the kusama
blockchain polkadot's canary network without the need for para chains or smart contracts
normally you need smart contracts in order to send information across chains but remark works as a
set of rules for how to interpret special messages submitted to the blockchain these rules are
called you guessed it remarks or remarks remarks remarks however you want to say it these messages
can represent nfts token sales polls collaborative drawing programs and even chat applications how
to use remark to interact on the remark platform you'll be using their native token rmrk it is a
governance staking and collateral token launched on the statement chain that allows for nested
nfts now nested nfts are able to be sent across different blockchains you can think of this like
wrapped btc on the ethereum blockchain so you can wrap an asset and use it on other chains some
people refer to nfts as either 1.0 or 2.0 1.0 meaning that it can only be bought and sold on
the original blockchain whereas 2.0 nfts can be modified by adding to it using your remark coins
you can send your nfts through the kosama relay chain to other blockchains if you want to stay
on remark you can just mint kusama native nfts on remark's official marketplace called singular
so let's think of the metaverse application here in a metaverse people and communities can own land
like in the real world each plot of land is an nft that can contain other nfts so jumping in
deeper let's say bob buys a plot of land then he buys a billboard nft bob can send the
billboard nft to the land nft the land now owns the billboard while bob owns the land once
the billboard becomes visible in the metaverse bob can split the billboard into tokens and
share it with the community now each person owns the billboard together once corporations
figure out there are people in the metaverse they're going to want to put their message on
bob's billboard so then they will create nfts with their messages which then rewards the owners
of the billboard corporations can fight each other for the ad space while the community can
collectively decide which ad to allow on their billboard and earn in the process this is the
community governed virtual real estate management made possible by the remark platform number three
the sandbox the sandbox is a pc game set in a virtual world like roblox where players can build
own and monetize their gaming experience this is all done on the ethereum blockchain using the
utility token san now i know what you're thinking on the ethereum blockchain gas fees must be crazy
well they would be but through the clever use of erc 1776 the sandbox allows platform users to
initiate transactions on the ethereum blockchain while transaction gas fees are paid by the
platform optimizing overall user experience you can create your own avatar to access the sandbox
metaverse to explore various games locations and hubs you might think of the game as a blockchain
based d5 version of minecraft as a player you can create nft based assets with mox edit once done
using the sad token you simply mint them to be used in game or upload them to the marketplace to
sell since your nfts exist on the blockchain you aren't limited to the inbuilt marketplace and
are free to sell them on third-party exchanges in the game world players can also own land land
is what it sounds like a digital piece of real estate in the sandbox metaverse that players can
buy to build experiences on top of once a player owns a piece of land the player will be able to
populate it with games and assets multiple lands can be combined to form an estate already some
big estates have been created from companies like atari and even snoop dogg joined the fun as
you can imagine just like the real world property prices go up to nearby plots of land when a high
profile celebrity moves in a total of 166 464 lands will ever be available contained in
a map that will form the sandbox metaverse while playing you'll have to do everything
from gathering materials to raise livestock to making products that will help you survive
in the new world the entire system is based on the premise that whatever you make belongs to
you allowing general audiences to learn about blockchain technology in an engaging way getting
started to jump into the sandboxes metaverse you'll first need to download the game which is
currently in alpha on the official sandbox website navigate to the create tab and you'll see a
download option for game maker game maker is used for both creating and playing the games within
the sandbox once downloaded simply unpack the zipped file and install the sandbox you'll need
to sign up by creating a username and password if you just want to check it out don't worry you
don't need sand tokens to interact in the world the game is pretty intuitive it doesn't require
any coding or development experience to create your own assets you can use their templates to get
started or just create something new from scratch to jump into a game you need to click on the
drafts gallery tab find one that interests you and click on it and ta-dah you have now entered into
the sandbox metaverse from here make friends try quests and challenges to earn sand tokens or show
off your avatar and unique nfts the world is your sandbox number four vulcan forged coin name pyr
vulcan forge is both a game studio and ecosystem that specializes in nft games these are developed
on ethereum polygon and binance smart chain that's to say they are actively developing games
with the metaverse in mind now as for the token and the utility the native token for vulcan forged
is pyr and it will play the role of the settlement medium staking for privileges and as a gaming
utility token within the entire vulcan forged ecosystem pyr is a deflationary token where on
every pyr transaction ten percent will be sent to reward pools and five percent used to buy back
and lock supply the benefits to using pyr include discounted fees and prices on using pyr in the
marketplace say you're playing a game in their metaverse and you want to buy some cool assets in
the world directly from the person who created it well if the crater allows settlement in pyr they
will also receive a discount on their fees and you will also receive a discount on your purchase
loyalty reward airdrops based on game activity play to earn there are multiple incentives given
to pyr token holders when you engage in the games you like for example if you are spending a
specific time daily in a game you are eligible for loyalty rewards which will be given in pyr tokens
via airdrop or direct token transfer getting started first of all you are going to want to
make an account on vulcanforge.com you'll need to link your venly wallet if you don't already have
one you can create one during the setup process now that you're logged in you can play some
of their in-browser games like block babies forge arena vulcan chess and more depending
on the game you can play pvp or against bots while playing these games you are eligible to
earn xp rewards and achievement through play to earn mechanics vulcan burst metaverse on vulcan
forged more games are on the way including their main attraction vulcan verse this will act as a
metaverse as well as a massive multiplayer online role-playing game mmorpg with rich
lore similar to world of warcraft inside vulcanverse players can own nfts create
their own quests and adventures forage for nfts and battle against other players in the game
vulcanites from those four metaverses let us know which one you think is best or if we should
have covered something else let us know in the comments and if this video was helpful please
hit that like button that helps this channel out and if you are ready to get started on kucoin
there is a referral link in the description for 20 off your trades now if you want to learn more
about other crypto stuff check out these videos on the explore crypto sectors on the kucoin youtube
channel with that this has been a kucoin video
