---
# System prepended metadata

title: METAVERSE

---

# METAVERSE



Metaverse, I'm sure you’ve probably heard this word somewhere and somehow? Even though the concept of the metaverse is still in its early stage of development, a lot has happened and it has the potential to address some challenges. 

## Why Metaverse May Be Good for DAOs?

1. Many DAOs are already used to using digital platforms such as Discord for communication and decision-making. With the metaverse, DAOs can access to a more interactive environment instead of just using text-based communication channels. The metaverse may be good for decentralized organizations since it can enhance better collaboration among DAOs and their members, they will be able to discuss more easily, propose and vote on various initiatives.

2. The metaverse can be used my decentrazed organizations to facilitate team collaboration and communication in a virtual way. For example, decentralized organizations may have many employees that works remotely, the metaverse can enable them to interact more effectively rather than using traditional video calls.    

## Some Few Popular Metaverse Platforms

1. [Decentraland (MANA)](https://decentraland.org/): is a metaverse game developed to mimic reality in 3-D. It is a user-owned playform that exists on the Ethereum blockchain.
3. [The Sandbox (SAND)](https://www.sandbox.game/en/): Sandbox is also a virtual gaming platform developed on the Ethereum blockchain. It allows players to buy, sell, and create digital assets. 
4. [Axie Infinity (AXS)](https://axieinfinity.com/): Axie is an NFt based online video game. These Axies can be bred, collected and used to earn other resources and collectibles that can be traded on a marketplace.
On March 2022, Axie Infinity was attacked by hackers via fake job interviews and it les to the loss of over $620 million in crypto. 

4.  [Gala (GALA)](https://app.gala.games/): GALA is popular because of it's virtual gaming platform, it enables users to earn cryptocurries and NFTs as they play tbeir favorite games. It is also Ethereum-based.



## What Problem it Solves

* The metaverse is said to improve personalized experience. The metaverse and AI are working hand-in-hand to offer personalized experiences to meet individual needs and interests. The metaverse is addressing the problem of information overload, it’ll sync user interacts with digital content that is relevant and engaging to them.

* We can also see that the metaverse is enhancing cross-platform collaboration. Compatibility is a major problem between different platforms and devices. The metaverse has enhanced seamless collaboration and communication across these technologies.

## A General Discussion Of Where These Technologies Are Right Now.

Just as the internet evolved beyond simple websites, we also picture the metaverse as a broader technology and digital space. Potential scope of the metaverse. It is so interesting to see that digital world and businesses across the globe are now driven and enabled by technologies that aims to reshape human experiences. 

A few several companies are also developing their own versions of the Metaverse, each of these metaverses comes with a unique set of network protocol and cryptocurrencies. In the metaverse, cryptos are used as a means of exchange and store of value in these virtual worlds.