Top 10 Biggest Metaverse Projects in the Global Crypto Market (Part 2)

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These are the largest Metaverse projects in the cryptocurrency market, as per Coingecko.

Below, we invite you to explore the top 10 Metaverse projects currently holding the largest market capitalization in the Crypto market (according to Coingecko).

Top 10 Biggest Metaverse Projects in the Global Crypto Market (Part 1)

6. Yield Guild Games (YGG)

Market Cap: $847 million USD

Yield Guild Games (YGG) is a decentralized autonomous organization (DAO) focused on investing in Non-fungible tokens (NFTs) used in the virtual world and blockchain-based games. The organization's mission is to create the largest virtual economy, optimizing community-owned assets for maximum utility and sharing profits with token holders.

YGG combines the best of Non-fungible tokens (NFTs) and decentralized finance (DeFi) space, bringing yield farming to game economies while enhancing the value of these virtual worlds by developing content and economic viability of these games.

7. UFO Gaming (UFO)

Market Cap: 833 million USD

UFO Gaming is a GameFi project developed on the Ethereum platform with various play-to-earn (P2E) games designed within a multi-chain ecosystem. When you join UFO Gaming, you enter a closed ecosystem called the “Dark Metaverse”. Leveraging the full power of blockchain, UFO Gaming promises to open up a new and reliable financial system for participants.

UFO Gaming is developed as a decentralized autonomous organization (DAO). This allows you to quickly access proposals and actions of the organization, while participating in DAO decisions. Because the project team always values the elements of thirst and freedom in the universe.

8. StarLink (STARL)

Market Cap: 733 million USD

StarLink is a decentralized virtual space project for storing data, ideas, and NFTs. The goal is for StarLink to evolve into a platform providing image and sound adaptation capabilities to further drive NFT technology, integrating it into real-world space and virtual reality (VR) concepts. Additionally, it will exist as an entertainment hub, marketing, education, and gaming.

9. Illuvium (ILV)

Revenue: CPM

Market Cap: 633 million USD

Illuvium is an open-world exploration game. It's a unique blend of science fiction and fantasy, where players venture from one land to another to battle and capture Illuvials, then use them as part of their team.

Illuvium combines elements of traditional RPG games with combat mechanics seen in popular Auto Battler genres. In both normal and role-playing modes, players can spend as much or as little time as they wish. Success depends on creating a diverse and strategically sound team.

Illuvium is planned as a launchpad for a series of games spanning multiple genres, each tied to the underlying assets of the game: Illuvial NFTs.

10. Vulcan Forged (PYR)

Market Cap: 515 million USD

Vulcan Forged is dubbed the NFT game studio. It's an NFT marketplace, dApp incubator, and launchpad with over 10 live games and more than 12,000 active gamers. The project has collaborated with Polygon to launch the PYR token on the platform's network. The Vulcan ecosystem is planning to expand the platform for a gaming, NFT, collectibles universe, and more, promising an impressive Vulcan Forged platform for users.

Frequently Asked Questions

What is the mission of Yield Guild Games (YGG) in the Metaverse?

Yield Guild Games (YGG) aims to create the largest virtual economy by investing in Non-fungible tokens (NFTs) and optimizing community-owned assets. The organization shares profits with token holders, enhancing the utility and value of NFTs in blockchain-based games.

How does UFO Gaming leverage blockchain technology in its ecosystem?

UFO Gaming utilizes blockchain technology to develop a multi-chain ecosystem for play-to-earn games. This decentralized approach enables participants to access DAO proposals, engage in decision-making, and benefit from a reliable financial system within the 'Dark Metaverse'.

What are the key features of the StarLink project in the Metaverse?

StarLink focuses on data storage and the integration of NFTs into real-world and virtual environments. It aims to become an entertainment hub, enhancing NFT technology through image and sound adaptation, alongside providing educational and gaming experiences.

What gameplay elements define Illuvium as a unique Metaverse project?

Illuvium combines open-world exploration with RPG mechanics, allowing players to capture and battle creatures called Illuvials. This unique blend of science fiction and fantasy, along with strategic team-building, positions Illuvium as an engaging game across multiple genres.

What role does Vulcan Forged play in the NFT gaming industry?

Vulcan Forged serves as an NFT game studio, offering a marketplace, dApp incubator, and launchpad. With over 10 live games and a focus on expanding the NFT and gaming ecosystem, it aims to provide users with a comprehensive platform for collectibles and interactive experiences.

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