Solana is one of the most revolutionary blockchain solutions in the world of crypto today. It has been touted as the “Ethereum Killer” and every day it grows to show its potential in competing with Ethereum.
So how does Solana bring users to the Metaverse? Here are answers to this question and more.
Is Solana Part Of The Metaverse and How?
Yes, Solana is part of the Metaverse.
Solana is an excellent ecosystem for building games and other digital real estates.
It has partnered with plenty of gaming, VR, AR, and NFT companies to create a virtual world that invites millions of users to participate, play, stake, trade and earn from their metaverse activities.
For this reason, Solana has provided an ideal platform for developers to build games and infrastructure that supports the metaverse on their blockchain.
What Is Built On Solana?
There are plenty of solutions built on the Solana blockchain.
Solana now supports Non-Fungible Tokens (NFTs), smart contracts, and many decentralized applications(dApps).
The two main reasons developers prefer Solana to build tools are:
- It offers one of the fastest TPS speeds in the cryptocurrency space.
- It charges some of the lowest fees in the industry.
Here’s a list of some dApps built on the Solana blockchain:
Wormhole is a secure, decentralized bridge powered by Solana designed to create interoperability between Solana and Ethereum.
With Wormhole, you can move your existing token assets smoothly from other blockchains to Solana and enjoy lower fees and speedier transactions.
Serum funds beginner developers who wish to develop DeFi projects on Solana. An example of a team that enjoyed massive benefits from this is Sushi Swap.
The Solana Beach gives insight on validators, different assets, and transactions. Staking Facilities create it.
Solana is much faster than Ethereum and Bitcoin. Today, Solana is the only blockchain that runs at least 65000 transactions per second, making it a preferred cryptocurrency for scaling, speed, and secure transactions.
The SOL team is working to double the transaction speeds in the future.
What Metaverse Is Built On Solana?
One example of a metaverse built on the Solana blockchain is Synergy Land.
Synergy Studios created it as a multiplayer ARPG game. For its gameplay experience, the game draws inspiration from several notable titles, including Diablo. At the same time, it aspires to create an environment where participants can gather and trade NFTs.
Along with its Synergy System, which helps players build powerful weapons, this game includes some additional features. It serves as the foundation for one of the most promising Solana metaverse coins currently in development.
Players can go against other Players or AI, thanks to the new features in the game.
Where Is The Metaverse?
The metaverse is not a physical location. It’s a digital world where you live your digital life parallel to the physical world. You and other individuals have avatars and can interact.
Learn more: Is Cardano Metaverse?
Is Metaverse AR Or VR?
The Metaverse isn’t just Virtual Reality (VR) or Augmented Reality (AR) (VR). It’s an interconnected and interoperable 3D virtual environment.
Companies can create many virtual worlds that interact with each other but only on one Metaverse. To access this Metaverse, you need to use AR or VR gadgets.
Do You Need VR For Metaverse?
Although there is no standard equipment you need to enter the Metaverse, you may need VR to view or use some of its elements..
In the recent past, pioneers of the Metaverse have confirmed that you can access the Metaverse in two ways.
One way is via AR (Augmented Reality), and the other is through VR (Virtual Reality) devices. For example, Facebook pushes for their famous Oculus VR headsets, and Microsoft sells the AR headsets.
Also, there are companies like Qualcomm targeting the AR glasses segment. This glass concept aims to achieve Metaverse through phones and tablets.
What Is The Most Popular Metaverse?
The most popular metaverse platforms right now are Decentraland and Sandbox. Decentraland launched in 2017 and went public in 2020.
It was the first Metaverse to offer applicable proof that the Metaverse can work.
Decentraland provides users with a virtual reality platform to collaborate, create content, invest in NFTs, earn income, sell VR real estate, and showcase their digital assets. Decentraland works with the famous MANA cryptocurrency token.
On the other hand, Sandbox evolved as a multiplayer game for Microsoft Windows devices and smartphones. It’s a pure gaming ecosystem for any player or developer looking to showcase their creative skills and maneuver the virtual gaming world.
Sandbox native token is called SAND. This metaverse platform continues to grow and has formed partnerships with other companies, including Ubisoft, (a gaming company) and Gucci, to advertise their digital purchases.
Learn more: Is Solana Quantum Resistant?
What Are Other Cryptocurrencies For Metaverse?
More than five other cryptocurrencies have shown promise in the metaverse world. These other great metaverse coins are:
- Enjin Coin
- Axie Infinity
- Sushi Swap
- Ethereum (ETH)
- Render Token
Learn more: Is Metaverse A Cryptocurrency?
How To Get A Metaverse Token?
The most common way to get a metaverse token is by buying them internally. You can’t get a metaverse unless you practically participate, buy, swap, or earn these tokens within the games.
Here are the actionable steps to help you get metaverse tokens using a Binance account:
- Fund your Gemini, Kraken, Binance or Coinbase account with a USD deposit. To add funds to your account. You can use an e-wallet or bank transfer. Check out the available fiat channels and pick the fiat currencies you prefer.
- Purchase your favorite metaverse crypto tokens using your wallet or a credit/debit card balance. Use the list above to choose your preferred metaverse coins.
- Move your metaverse tokens from your crypto exchange account to MetaMask or any other versatile crypto wallet that serves most metaverse spaces especially if you wish to use them in-game.
Solana is an excellent Metaverse blockchain, and innovation on their platform makes them one of the most efficient networks for the future of the Metaverse.