Thread by @masonnystrom

Metaverses are a prime example of crypto enabling the ownership economy.

Virtual worlds - with digital property and free markets - will transform our existing digital worlds into vibrant communities governed by their users. 1/

The top 5 metaverses – virtual worlds – continue to grow and expand. Here’s what you need to know.
messari.io/article/metave…

Metaverses as a category account for over a third of all NFT sales activity.

Investors have spent nearly $55 million on metaverse digital land and in-game items.

While Decentraland reigns supreme in all-time NFT sales volume, the 2020 metaverse sales volume shows a much more competitive landscape with Axie Infinity in the lead.

The real value of any community whether in a video game or on social media comes from the players and content creators.

A game or virtual world without one’s friends, influencers, or altruistic strangers is valueless.

Virtual worlds built with blockchains offer a new social contract for our digital lives predicated upon digital ownership and free markets – two properties that are absent from existing games or virtual platforms.

Free markets facilitate creativity and value creation, while digital property rights ensure value developed in the market is imbued to the creator(s).

Owning digital property in these metaverses is a wager that the world’s value will continue to move online and into the fringes of the web.

As they exist today, metaverse are the outskirts – they’re sparsely populated, no-man's lands full of untapped potential.

The early settlers of the outskirts are the crazies and the speculators.

If you’re reading this, you’re likely an enthusiast and or a speculator. Read the full piece to find out the potential ways to invest in the growth of metaverses.

messari.io/article/metave…