METAVERSE 101 — A Beginner’s Guide to Exploring the Metaverse

  1. Traditional Centralized Metaverse: these are Web2 metaverses that do not integrate blockchain technology and are centralized. As such, it is simply a virtual space that is controlled by a central organization. Some examples are Roblox and Minecraft.
  2. Centralized Blockchain Metaverse: these metaverses integrate blockchain and allow users to interact and monetize their creations or acquisitions creations. However, it is still controlled by a centralized organization. An example is Meta’s Horizon Worlds.
  3. Decentralized Blockchain Metaverse: these metaverses are based on a system called DAO (Decentralized Autonomous Organization) and where users have decision-making power and administrational roles. Some examples are Decentraland and Axie Infinity.

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