Inside Asian Gaming

IAG JUN 2022年6月 亞博匯 70 I N T E R N A T I O N A L METAVERSE PLATFORMS AND VIRTUAL LAND PLOTS Outside of the China market, there are numerous developer companies vying to create the “ultimate metaverse” for users across international markets. The most well-known metaverses at present are Decentraland and Hong Kong- based Animoca Brand’s The Sandbox, which are currently leading in terms of token valuation and media coverage, while others include Axion Infinity, NFT world, Atlas and Meta’s Horizon Worlds. Each of these metaverses operates using their own in-world currency tokens, which are blockchain-based tokens that users must purchase to transact on the platform. For instance, transactions in Decentraland require Mana tokens, while transactions in The Sandbox require Sand tokens, both of which can be acquired through cryptocurrency exchanges, such as Binance and Coinbase. The metaverses themselves each have their own rules, community sizes, currency tokens and plot sizes and layouts. Although the metaverses operate on similar principles, each is different and has its own Terms of Use which contractually govern activities on the platformand are validated through smart contracts. An intrinsic part of the development of these metaverses is the concept and mechanism of virtual property. Brands, organizations and users can buy virtual land plots on which they can create virtual stores and properties for in-world sales or display marketing of real- world products and services. Virtual land can also be revenue generating in itself: owners can charge users to access or view a particular space in the virtual Facebook launched its metaverse concept in 2021. Facebook於2021年推出了其元宇宙概念。 ALL-IN DIGITAL