Cryptocurrencies and the Metaverse were the most discussed topics in the past year. Investors have flocked to both because they believe they will generate substantial profits with some ready-to-invest on with crypto.
However, these two regions do not contradict one another. With so-called “metaverse cryptocurrencies,” you can simultaneously invest in cryptocurrencies and the metaverse.
There are now numerous 3D immersive worlds, such as video games in which participants can communicate in real-time. But according to other definitions, these 3D worlds do not enter the metaverse until they have a completely digital economy.
Bitcoin enables individuals to live, work, and play in an alternate reality. There are numerous cryptocurrencies, but there are also numerous ways to utilize metaverses.
Knowing the options, differences, pros, cons, and pros and cons of each investment will assist you in selecting the optimal option for your circumstances.
Here are some of the cryptos already in use in the metaverse;
Decentraland (MANA)
Decentraland is a virtual reality platform where you may purchase, sell, and maintain virtual properties (called LAND). You can construct and expand your universe as you see fit and explore this version of the metaverse using your smartphone, computer, or virtual reality (VR) headset.
Decentraland (CRYPTO: MANA) is an Ethereum-based metaverse experience. Participants can use the native token MANA to purchase virtual land, construct it for games and other experiences, and create avatars and digital accessories.
The Decentraland DAO manages Decentraland (decentralized autonomous organization). People who hold MANA or virtual property in Decentraland can vote on the DAO’s new ideas and ambitions.
The SandBox
The Sandbox is a virtual world where gamers may create, own, and sell their games using the SAND token on the Ethereum network. Non-Fungible Tokens (NFTs) are digital assets that gamers can generate, submit to the market, and then add to games using Game Maker.
The Sandbox is supported by prominent investors such as SoftBank, one of the leading technology investment firms. You can purchase, sell, and stake your virtual properties and items.
The Sandbox is a metaverse in which you can play to earn money and alter its usage. You can play other games, create your own, possess virtual land, and collect, create, or acquire property. The Sandbox will likely rely heavily on players creating and trading NFTs with the SAND metaverse money.
Axie Infinity
Consider Axie Infinity (CRYPTO: AXS), an Ethereum-based equivalent of Nintendo’s Pokémon games (OTC:NTDOY).
Every day, about a quarter million users utilize Axie Infinity. AXS tokens grant players a say in the game’s administration and ownership. Players can construct kingdoms, search for rare materials, and uncover buried treasures. The blockchain rewards the metaverse’s most active participants.
Players receive AXS for completing missions and other actions on the platform, although daily AXS gains are limited. Also, several of these activities require a great deal of time, making it difficult for those with jobs or other obligations to participate fully.
Finally, it is possible to earn AXS by playing the game, although it is inexpensive. Since at least three Axies are required to join, it may be difficult for many people to pay the initiation fees.
Meta Hero
Working with Wolf Studio, Meta Hero has brought modeling and 3D scanning to the metaverse. Wolf Studio is comparable to the Big Four in terms of 3D scanning. With the assistance of this alliance, some of the most popular games, such as CyberPunk 2077, maybe rigorously evaluated.
By immersing us in a parallel digital environment, Metahero promises to expedite the acceptance of cryptocurrencies. Metascanning is the transformation of physical objects into avatars for usage in the metaverse.
This is one of the new metaverse initiative’s objectives. Metahero is essentially a connection between the actual and digital worlds. It creates new connections between gamers, artists, and entrepreneurs.
HERO employs art and social media as business tools in the real world. It employs incredibly realistic 3D technology to create avatars and virtual objects for gaming, social media, art, fashion, and medical usage.
A leader in the new technology of metascanning, Metahero possesses some of the best-ever visual rendering abilities.
Floki Inu
Floki Inu is a cryptocurrency based on a dog meme, but it is an excellent metaverse coin, particularly for those who need inexpensive cryptocurrencies.
The name is derived from Elon Musk’s dog, Shiba Inu, which is also the name of an alternative cryptocurrency project.
Because Musk’s dog was named after a Viking character, the Floki Inu community refers to themselves as “Floki Vikings.” Floki Inu claims to care about its community and has appeared multiple times in the top 10 of LunarCrush’s social engagement leaderboards.
According to the project’s website, its objective is to integrate memes with real-world use cases. It also states that it will offer a game, a market for NFTs, and a content and education platform.
Even though the project is just beginning, over 400 thousand people have already purchased FLOKI tokens.
Star Atlas
Star Atlas is a blockchain-based game that attempts to provide the greatest possible AAA gameplay. Since the trailer’s release, the game has gained immense popularity among gamers.
This metaverse project is based on a video game. Users who win receive their own ATLAS token. The game’s ecology is set in the future, in 2620. The players conquer the terrain and collect resources.
To attract more players, the metaverse has just partnered with iBuyPower, a company that sells PCs and will be the hardware provider for Star Atlas.
You obtain a metaverse token called ATLAS by playing the game. Consider it a standard reward-based game in which you play and complete tasks to earn coins. In this instance, the awards could be used to generate income.
The Earth is at war with three different factions in the game: the human-controlled MUD Territory, the alien-controlled ONI Region, and the aware android-controlled Ustur Sector. In Star Atlas, players can alter how these groups vie for resources, power, and territory.
The game employs a concept known as “dual tokens,” which permits wagering on tokens. Additionally, you can use tokens to purchase uncommon things in-game by engaging in battle and forming alliances while exploring other worlds. Since the game was developed using Unreal Engine 5, you may anticipate a cinematic experience in real time.
This is the game where players earn rewards, similar to any other P2E game. In this instance, you can convert ATLAS tokens obtained from playing Star Atlas into gains. Additionally, as this game is based on Solana, gas is cheaper than in games based on Ethereum.
Now is a perfect moment to invest and get the rewards of being an early investor, as the game is just beginning.