
The Newest Projects in the Metaverse Universe
Five early-stage Metaverse projects to watch in May 2022: Alterverse, Bitcountry, Pax World, Legion Network and Dropp, plus their token launch plans.
- Five early-stage Metaverse projects highlighted for May 2022 include Alterverse, Bitcountry, Pax World, Legion Network, and Dropp.
- Alterverse's Sky City hub uses 17 floating Halosphere platforms, and its ACE Coin token was expected to launch in Q2 2022.
- Dropp is a Solana-based, geolocation-driven land metaverse where landowners can collect rent and mint their own NFTs.
New Metaverse Projects and Coins, May 2022! Metaverse Coin Project 2022
Metaverse is enjoying the kind of bright future NFTs had in 2021 and DeFi had during its 2020 "DeFi Summer." Right now, the hottest sector in crypto looks like Metaverse, so you might think you have missed the best early opportunities in Metaverse. (you are wrong)
Virtual real estate and other assets on Decentraland and The Sandbox are either unavailable or their prices are rising so fast you're getting priced out of the market. But just like with DeFi, NFTs, or Layer 1 blockchains, there will be many winners (not just two). With some of these kinds of projects, you can buy into the leading Metaverse Projects right now.
Let's take a look at the top 5 Metaverse projects and coins that are still in the setup phase and carry high expectations...
What Are the New Metaverse Projects and Coins? May 2022
Project #1: Alterverse
At first glance, Alterverse's Sky City looks like a space-age version of Dubai, but less fake. Plans soon include a Sky City version of other major cities like London and New York.
Alterverse is also both free-to-play and play-to-earn, using Unreal Engine. So you can buy land, mint, and sell and rent out your own NFTs.

There are also currently 2 additional games in the works. An FPS called Outpost and a survival strategy game called Rekt. 3,000 players have already signed up for these games.
Their partners also include CommunityDAO, which bought some land and is building 20-story rooftop apartment towers in Alterverse. It will include meeting spaces and educational training to be used or rented out in Alterverse. So we expect to see more partnerships like this going forward.
So Sky City is Alterverse's main hub. A city where, like Decentraland, you're free to enter and build. Sky City has 17 large floating platforms called Halospheres, like connected groups of neighborhoods. Inside a halosphere you can:
- Buy and build on land
- Start or buy a business
- Visit NFT art galleries
- Buy and sell NFTs (art or otherwise) from these stores
https://twitter.com/AlterVerseGame/status/1512112565442293769?s=20&t=zNcxGmrGavE1WxKKfziBaQ
And all of these halospheres connect to Sky City's central hub, which, just like a well-planned real city, has more stores and city services like a Town Hall.
When Does ACE Coin Launch?
The in-game token is also ACE Coin, and there's even a mayor, a city council, and a voting system that will lead to an election in late 2022 or early 2023 once finalized. The ACE token is expected to launch in the second quarter of 2022.
Other Information About Alterverse
They also have their own NFT marketplaces on Enjin, so if you want to buy skins you'll need an Enjin wallet. But you don't need Enjin to play the game. You can join public or private squads for battles and track your progress on the Leaderboard.
One last great feature Alterverse offers is Meta servers. Essentially bringing decentralized node operators to the Metaverse. We don't think anyone else is doing this. Anyone can run a meta server. Once this server connects to Alterverse's Main Servers (like root servers for the internet), you can build your own world or visit others'.
This means that anyone, anywhere, can host a world or a game. If some Meta Servers go down or get shut down somewhere by a hostile government, there are plenty of alternatives to keep the worlds running. There's also a token offering coming sometime this summer. Until then, you can buy:
- Land
- Looks (skins) from the NFT marketplace
- Art
- Special memberships
The NFT marketplace is quite solid, and you can see plenty of items that can be bought and sold there in Alterverse. Future plans include accepting BTC, ETH, stablecoins, and even PayPal for NFT purchases.
https://twitter.com/AlterVerseGame/status/1510276952506175500?s=20&t=5d3TMXCNTf-hBRTFjNFffw
And finally, in the interest of full disclosure, Alterverse is an Altcoin Buzz investment project, so we might need to keep following it a bit longer to be sure! -but we're hopeful-
Project #2: Bitcountry
Bitcountry is a Metaverse portal for Polkadot and Kusama. They want to let you launch your Metaverse deployment simply and quickly. Their offering:
- EVM and WASM compatibility
- The ability to connect your games, apps, tokens, and NFTs
- Land sales
- Cross-chain interoperability
- All of it on DOT's Substrate
Their Odyssey Sales and THE Event in late November or early December were a success, and they sold 80 million NUUN (8% of the 1 billion total supply).
Bitcountry Tokenomics
50% of NUUM's total supply of 1 billion will be public. Lockup and vesting schedules are listed in the Whitepaper, with most of the non-public tokens locked for at least 1 year.
https://twitter.com/BitDotCountry/status/1464150172875649024?s=20&t=G9-MjRrMxoWA_R_P88SEVA
There are two more tokens worth noting. BIT is the in-game token, while NEER belongs to Pioneer. NEER is the token listed on Kusama, while BIT can be mined and burned. There are also 100,000 land plots for sale here. It looks like there will be staking options for all 3 existing tokens.
Project 3: Pax World
Pax World has a different focus. They're focused on communication between people in the Metaverse. Everything in this world, whether for social, educational or commercial purposes, is about interacting with others.
And by supporting many different devices and having low hardware requirements, they make it easy to get into their worlds.
Pax World also has several other great ideas for this.
- Have a working product that includes video, audio, 3D and face-scanning support
- They held a big demo day in Switzerland in January 2022, with over 10,000 participants in person and online.
- Won an award at AIBC Asia for the quality of their Metaverses
- Raised $5 million in seed funding to be well-financed
- Their DAOs will launch in the future. You'll be able to stake.
- They'll have a marketplace with NFTs for land sales and 3D NFTs you can use to pay for event tickets and social or educational events.
Whitelists for land sales are currently ongoing. If you sign up you can get an early plot.
https://twitter.com/paxworldteam/status/1511309470877560833?s=20&t=Qw47dXtWmqd1oWAhH6Xixg
Pax World Tokenomics
According to the roadmap, $1 billion PAXW tokens will be issued. Between Partners & Ecosystem and Community, ~40% of the tokens will be public. All groups outside the Community, and funds coming from the IDO, have lockup and vesting periods, which is always something we look for.
Also, the Pax World IDO for BEP-20 tokens will take place on MetaVpad and Gamezone, but a date hasn't been set yet. It was supposed to happen in early March but got postponed.
There will be 7.5 million PAXW tokens available to buy in the IDO.
Project #4: Legion Network
Legion Network calls itself a Metaverse super app and NFT marketplace. They have already built out their ecosystem:
-
- BlueMoon - a collaborative NFT marketplace
- Arcadia - a P2E game
- Empower - a Learn to Earn platform
- iPad - business apps and
- Rewards - community giveaways.
Legion Network Tokenomics
The native token LGX is a BEP-20 token for Binance Chain (formerly BSC). It has a total supply of 1 billion, with an initial circulating supply of 6 million (0.6%). Also, the first-come-first-served sale happened on CoinxPad on March 31 as a continuation of some tokens that didn't sell in the Paid Network IDO.
https://twitter.com/LegionNetwork__/status/1504463338323202048?s=20&t=2Ja8QlRuolccO_yk-8z46A
Also, 30% of coins will go to the Community, though part of the 20% may also become available for Ecosystem development. Also, all holders outside the public launch have minimum 6-month lockup and 4-24 month vesting schedules. Also, the token is a utility token and will be used for staking and transaction fees across the network.
Project #5: Dropp
Finally, our last project is Dropp. A land-based metaverse deployed using geolocation and mapping to reflect real-world locations and topography. This metaverse project also runs on Solana. This metaverse deployment also uses AR.

The first regions set up for Dropp Land in Los Angeles; as a landowner, you can collect rent, and also earn fees from bets or NFTs placed in your region for as long as you own it. So you can mint your own NFTs too.
Finally, in the Gallery Module, you can curate your own NFTs on your land, or build a gallery on your property to sell NFTs to others, just like a real art gallery would.
Dropps Tokenomics
$DROPP tokens are for governance and access to early NFT collections. Between the public sale, liquidity and Treasury, the total supply is 500 million, with only 21% of tokens public.
https://twitter.com/DROPPgg/status/1508604436943454211?s=20&t=Kt35EZzDC-HHX9g_WmCEQA
Also the lowest number we think we have seen for any project we have covered here. There are lockups and vesting schedules for everyone except the public. Also, in this case, investing in the land and Metaverse deployment assets is probably a better deal than investing in the token itself.
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