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Using VR and AR technologies, the top metaverse projects are developing new ways to interact and learn. These virtual worlds enable users to socialize, play games, work, shop, attend concerts, and more. These projects are also providing users with novel ways to stay in touch.

These projects are all based on the Ethereum chain and aim to create an open crypto metaverse. In addition to playing games, users can also earn money in the virtual worlds. They can then turn these items into monetary benefits in the real world. Metaverse projects can also include sci-fi adventure games and other types of digital content.

Somnium is a virtual reality platform that allows users to live, communicate, and work in a 3D environment. It also provides users with a platform to build and publish new NFT-based worlds. Users can also create applications, develop games, and more. Sandbox members can sell their creations on the Sandbox Marketplace. They can also interact with other users and buy virtual property.

The Sandbox has partnerships with Snoop Doge, Shaun the Sheep, and The Walking Dead. It also uses Web 3.0 technologies. The company's founding dates back to 2011. In 2021, the Sandbox corporation's metaverse was officially launched.

Metahero (HERO) is a crypto metaverse project founded in July 2021. It uses Wolf Digital World's scanning technology to enable users to interact with the metaverse. The company's avatars are mentalists, assassins, and more. The company has also launched its own utility token, DOME, which can be used to pay for scanning services. In addition, the team has pledged to donate a portion of its debut collection's profits to help conserve endangered ecosystems. The project has also considered body-tracking equipment.

Another metaverse crypto project, ApeCoin, has taken the industry by storm. ApeCoin is a non-fungible token (NFT) that can be used to play and create games in the metaverse. This token is a play-to-earn token, allowing users to build and play games without paying upfront fees. ApeCoin is also airdropped to BAYC NFT holders. It will become transaction token in meta marketplaces. ApeCoin is projected to integrate with the forthcoming metaverse "Otherside" this year.

Another new project, Otherside, was first unveiled in March 2022. The project is a BAYC-connected MMORPG that will include multiplayer combat. The game will also collect biometric data on real-world body attributes to enable users to interact in a more immersive environment. The project has also considered introducing body-tracking equipment that can serve as an input controller. In addition to being a token for users to interact in the metaverse, the other main attraction is the hyper-realistic digital copy of real-world objects.

A number of VC investors have been pouring billions of dollars into gaming projects. In addition to Meta, many companies are developing metaverse projects. Metaverse projects range from billion dollar valuations in gaming franchises to investments in metaverse real estate. These projects are expected to grow over the next few years.

Other projects include Decentraland, The Sandbox, Axies, and Star Atlas. These projects are designed to create an open crypto metaverse where users can play and earn.