Metaverse: Prime Real Estate or Universe?

Is your vision of the metaverse à la Ready Player One? In-browser NFT integration? A mobile game tied to real-life movements? Or, is it all of the above…

Is your vision of the metaverse à la Ready Player One? In-browser NFT integration? A mobile game tied to real-life movements?

Or, is it all of the above and more? The metaverse isn’t singular. It’s metaverse(s).

To some extent, we’re already living in the metaverse. According to Grayscale Research, one-third of our lives are spent watching TV, playing games and on social media. If you lived to the age of 75, you would have spent 25 years with a screen.

The concept of the metaverse comes from science fiction, tracing back to Neil Stephenson’s 1992 novel, ‘Snow Crash’. But, what was science fiction — virtual worlds amalgamating into the physical — is now a reality. Take Genopets, an MMORPG game built on Solana. What makes it unique is that your digital familiar grows and performs as you stay active. Real-life movements, tracked by fitness metrics, are converted to virtual XP which are used for upgrades. NFTs can literally be tied to your actions and behaviours.

The concept of the metaverse blew up in 2020. As stay-at-home restrictions and masks became central parts of our lives, going out became less of it. More so for luxuries like concerts. So, musicians took to immersive digital spaces: In April 2020, Travis Scott’s five Astronomical concerts garnered a total of 45 million views. In July, Tomorrowland brought in over €20 Million in revenue. In November, Lil Nas X’s four shows on Roblox were viewed over 33 million times. More recently, someone paid ~$450,000 to be Snoop’s neighbour on Sandbox.

But, what’s an average day in the metaverse like? Places like Decentraland are… empty. Portals, a metaverse project on Solana, is trying to change that. They’re building for density.

With a Portals access card, holders are granted ownership to a unit in Building One and they can use the space however they see fit. Users can host town halls over voice chat, curate NFT exhibits, and even set up a base for their DAO! There’s also NFT integration. Your avatar is your NFT. Across all marketplaces, the sale of Portals NFTs has raked in ​​42,934 SOL or over $8 Million.

🌐 Obviously, the Metaverse is global. Our Magic Eden community comes from countries including:

  1. United States
  2. United Kingdom
  3. Russia
  4. Canada
  5. Germany
  6. Philippines
  7. Spain
  8. France
  9. Turkey
  10. Singapore

🚀 Magic Eden Launchpad Releases

Launchpad is Magic Eden’s white-glove full-minting support service with outbound marketing support and automatic listing.

Playground Introduces Epoch ⏳

Created by Eko33, Epoch is an animated generative artwork collection inspired by the concept of time and Solana’s validator schedule. “In Solana, time is segmented into “Epochs” where validators come together to organize and validate the transactions flowing through the Solana blockchain. All validators join like pieces of a puzzle and are synchronized in Epochs of time.

Check out a video we created during Art Basel to introduce Epoch!

Mint Details: 10 Dec, 9AM PST/5PM UTC, 1,000 Epochs, 3 SOL. 

Mint site: (site will go live prior to launch)

Please note there will be 347 Epochs reserved for whitelist (reserved for Wave Runners + 20 original Wave whitelist members) and 653 Epochs for the public drop.

🪄 Congrats, This Week's Top Performing Collections on ME! (12/2-7)

  1. Monkey Kingdom 17,090 SOL
  2. Portals 13,973 SOL
  3. Genopets 10,751 SOL
  4. Fandong Kongz 7,144 SOL
  5. Basis Markets 6,834 SOL
  6. Rude Golems 6,811 SOL
  7. Stoned Ape Crew 6,391 SOL
  8. Boryoku Dragonz 5,845 SOL
  9. Mini Royale: Nations S1 4,889 SOL
  10. We Are The Walrus 3,974 SOL

🖼 Art Basel Miami Recap

We had our first supper club with NFT collections and Web3 friends. Love our internet friends but it is nice putting a face to an NFT PFP.

We also hosted a Web3 Gaming panel talk with our friends from Faraway at Astra Miami. Over 150 people showed and we went over an hour after our scheduled time. Yes, we met SOL Big Brain and it was awesome.

Check it out from a drone-eyed view!

Some quotes:

  • Alex Paley (co-founder, Faraway): “Our focus has always been on creating a really fun game, social-first above anything else. We have over 2M players today from all over the world because we’ve stuck to that mission and are creating an open economy that all players can partake in.”
  • Zhuoxun Yin (co-founder, Magic Eden): “As a marketplace, our goal is to help power the best experiences for players and partner with the best games. We're excited to build out the marketplace infrastructure that games can utilize so they can focus on what matters - building the most fun game and helping players discover the best and most useful items to help their gameplay.”

🎮 Mini Royale: Nations sold out in <60 seconds

Mini Royale: Nations Season 1 “Vikings of the MiniVerse” is out. 

If you missed it, Mini Nations’ second drop is on Dec 9 with 7,000 NFTs available! An additional 500 NFTs are being used for community airdrops for the players that played well in the Mini Nations Open Beta. Or, you could grab an in-game playable NFT on Magic Eden. We’re especially proud that our engineering team found a way to eliminate bots during the minting process on Launchpad—more below:

🪄 Ask the Magicians: First SOL NFT mint?

Magic Eden Magicians is our ambassador program. Are you plugged into the Solana community and care about the future of NFT marketplaces? Apply to become a Magician!

@Davidrsdsol: Degen Ape Academy

Degen Ape #941

“Even when the initial launch had hiccups, it led to the creation of the Exiled Apes. The team found a way to bounce back the next day, even when they told the community that the mint wouldn't happen until that weekend was over. 

They rushed to mint on Saturday. The devs behind the mint had been working tirelessly and wanted to ensure there was a smooth launch. This marked the beginning of my involvement and commitment to grow and provide value within the SOL NFT Ecosystem.”

@The_SOLo_Dolo: Kreechures


“It took place sometime in late July/Early August. I minted due to the historical NFT wave that was hitting ETH at the time. It appeared that Kreechures had the earliest dated Solana mint contract at the time. The mint was smooth as the project wasn’t getting a ton of hype around it. 

A few weeks later, DAA and Aurory mints came out and minting quickly became who had the fastest fingers and most tabs open. Instant 20x on a day of mints was the norm in the early project days.”

🤓 More reading:

We have recently migrated all of our content to our blog. Have you read these two articles we published recently? Check them out!

The information provided on this website is provided for general educational purposes only and is in no way financial or investment advice. Certain information may have also been provided to us or prepared by third parties; these materials are provided for convenience and are not an endorsement by Magic Eden. Magic Eden is not liable for any errors, changes or amendments to such information, including any actions taken in reliance on such information.

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