What’s up, MetaverseBay here.

We share what newcomers should know, what updates experts should know about, and what everyone may find interesting.

Let’s get down to it.

This week we’re covering Metaverse Platforms.

If you’re new be sure to read the rules of the game! If you’ve been around welcome back!

We’re getting back into our favorite game where we ask our speakers to blindly rank platforms one by one.

Without knowing what comes next, what would you say about them? Let’s get into the ranking and discussion.

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.

An addition to our newsletter is our Metaverse Liveliness Index.

It gives us an idea of public interest in the metaverse and how relevant it is at this moment in time.

We will publish a full length article explaining the breakdown and calculation soon.

After calculating the index this week we noted a downtrend in the value of ETFs and search/social media trends.

This may be indicative of a weakening stock market and correlate to lower searches for metaverse-related topics.

On the other hand, metaverse token ETFs and our top metaverse token blend each experienced a strong week of a 5%+ increase.

Due to the weight of each section of the index, a slight decrease of 1 point was determined for this week.

Up this week we have Creator Economy.

Within the metaverse many platforms allow any user to be a creator. You can make NFTs, games, music, experiences, or even sell services!

The idea is that anyone can create anything and turn it into a business, - selling the goods or services for profit.

Build an arcade and have users pay to play, sell your own music, or become a virtual tour guide!

The possibilities end only where your imagination does.

The Game Continues

As mentioned earlier we’re having our speakers blindly rate 5 metaverse platforms.

Given one-by-one, they have no idea which comes next, so caution must be taken!

Each platform is discussed before voting then we rate our satisfaction with the final standings. What comes next? Only the host knows…

Up first was Cryptovoxels (now known as Voxels), which dropped “Crypto” to avoid negative connotations relating crypto to the metaverse.

In short, our speakers knew of the platform but had some skepticism about its potential.

From its mess of a website to numerous property listings for sale, it didn’t have too many positives. On a good note, their wiki page is extremely informative.

Our next contestant was the Helix Metaverse.

The collective agreement on it was admiration for its Unreal Engine 5 graphics and GTA-esque feel.

However, many of its features have been listed as “coming soon” for a while. Is it promising too much too soon?

VR Chat was the next runner-up.

While extremely popular and virtually lawless (brands have little place to stop copyright infringement here), our speakers had great experiences on it.

Worries focused on its long-term potential with little monetization abilities. If they can’t land big names or charge for much on platform, will they survive?

Fourth we discussed W3RLDS, a primary B2B focused platform.

With many major partnerships and plenty to offer in terms of service, all at what seems to be an affordable price, many great things were said.

But on the other side of the coin we aren’t sure of how many businesses use or need them. Without delivering to users who are the core of the metaverse, can they survive?

Finally, we had OnCyber.

Here users can build their own spaces, showcase NFT artwork, and host their friends.

We feel these features checks many of the boxes a good platform should.

Can it find ways to differentiate itself enough to survive though?

Through the good and the bad we averaged out the rankings and arrived at the above conclusion.

Listen to the whole conversation above.

Have you ever used one of these platforms? Do you agree or disagree with the rankings?

Share your thoughts and experiences in the video comments. In the following weeks we will finish the game and have a definitive ranking of 20+ platforms!

🔴

Metaverse Property Valuations
Exercise extreme caution. Always do your own research. Average property values are down >90%.

🟡

The Most Popular Metaverse Is….
Some of our contenders for best and worst made this list

🟢

Metaverse Biennale
A major 4-day showcase just ended. Find out what it was about.

Text to Worlds
How OnCyber is utilizing Google’s AI Tool

Everything within the metaverse is geared towards being made by users, for users.

While some platforms may have spaces they have created, one of the founding principles of the metaverse was to allow players to create anything they could imagine.

Many platforms such as Decentraland offer Software Development Kits (SDKs) which allow for easier creation of content, regardless of user ability to code.

Aside from users, we can see many big brands such as Coca-Cola, Gucci, Hyundai, and Nike all building massive attractions on various platforms.

Many platforms such as Meta Horizon Worlds have funds for creators to help them get started.

We appreciate your feedback!

One tap helps us more than you know!

Thank you for reading!