HyperVerse Metaverse: What Is HyperVerse Metaverse And Is HyperVerse A Scam?

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After the rebranding of Facebook to Meta, it seems like new Metaverses pop up daily, and there is a lot of hype surrounding them. We’ve seen all sorts of names and ideas over the months, and HyperVerse is the latest Metaverse to surface.

A lot of people are getting interested in the HyperVerse Metaverse, but is it worth it? In this article, we’ll explore what HyperVerse is and whether it is a scam.

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What is HyperVerse Metaverse?

HyperVerse is a new Metaverse that has just recently come to light. According to the official website, it is an online virtual world where users can explore, build, and create monetized assets.

In short, it's just another play-to-earn NFT based Metaverse like The Sandbox and Decentraland. What makes HyperVerse different is the theme of space colonization and exploration.

The game is set in the year 2078 AD when humans have mastered interstellar travel. In this virtual multi-planet metaverse, players act as voyagers as they explore the HyperVerse, earning HVT (native crypto) by participating in various activities offered throughout the virtual world. 

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To start the game, users need to create their main avatar. In the HyperVerse, users can acquire lands to establish estates and develop cities using HVT coins.

HyperVerse also allows users to connect with friends and form groups for interstellar expeditions to explore unknown spaces and planets.

Read More: The Sandbox Vs Decentraland: Which Metaverse Is The Best?

Is HyperVerse a Scam?

We’ve seen quite a lot of scams over the years. And a lot of the hype around HyperVerse has been similar to scams that we’ve seen in the past.

HyperVerse has a detailed 21 pages long whitepaper as well as a clear roadmap. The creators are looking to release a beta version of the game this year. However, the official website has no information about the team behind the project, and that's a bit sketchy. 

Moreover, multiple sources on the Internet claim that the HyperVerse Metaverse is a scam. Here is a well-researched Reddit post that says HyperVerse is a Ponzi scam that must not be trusted.

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Therefore, it's better to stay away from the project. You could invest in similar trusted Metaverse platforms like The Sandbox, Decentraland or Axie Infinity Metaverse.