The Top 5 Metaverse Investments for 2022
From a never before seen virtual real estate boom in the Sandbox metaverse to big businesses setting up operations and gaining a record number of customers in Decentraland. To raising Axies characters that are worth more than many people’s house and to stock-piling in-game NFT’s that are in demand. This is my list of the top 5 investments in the metaverse for 2022.
According to Bloomberg, Metaverse’s market cap could reach $800 billion by 2024. And it shows how profitable the Metaverse will be in the future. The metaverse is expected to make more millionaires and billionaires than ever before in history!
Did you know the term “Metaverse” was coined by Neil Stevenson in 1992 to paint with incredible accuracy a technological picture that would eventually leave the fictional world? Little did he know that his sci-fi concept would seep into the real world and end up attracting so much attention from companies and investors everywhere. Today, Metaverse is gaining momentum and many big names in the stock market are getting involved.
As Metaverse stocks became a hot topic on Wall Street, they quickly became one of the most followed financial trends in the last quarter of 2021. So, you are considering investing in the best crypto projects in the metaverse and hope to earn big. But the question is what are the best crypto projects in the metaverse for investment? If you’re curious about this investment option and want to know what are the best investment options to incorporate into your investment strategy, here’s everything you need to know before taking action.
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Changes in the world around us are developing quite rapidly with the emergence of new technologies. In the case of blockchain, we can see how the metaverse can bring promising improvements to the proposed project. While many people assume that the metaverse will take more than a decade before it successfully materializes, it may happen sooner than anyone could have imagined. With this in mind, it is also important to note the growing attention to metaverse projects, particularly blockchain and crypto projects in the metaverse.
How do crypto and blockchain fit into the metaverse equation? Will blockchain-based projects on Metaverse add value to the new concept of a fully virtualized ecosystem? All these questions can be adequately answered in a detailed reflection on the best current Metaverse blockchain projects. This article provides an overview of popular blockchain-based projects in the Metaverse.
In all discussions of the Metaverse blockchain and crypto projects, the definition of Metaverse finds first priority. Companies are vying for a spot on the Metaverse, with leading names like Microsoft, Facebook, and NVidia. The metaverse will essentially be a virtual ecosystem, which in turn will become a collection of different virtual worlds. You can access various services and applications in Metaverse as separate areas for different purposes and applications.
Interestingly, many people doubt the metaverse’s potential to develop in the future. Instead, the metaverse continues to expand at an impressive pace. New projects keep popping up as networks connect various aspects of consumers’ digital lives. However, the most promising focus in the development of the metaverse is the important role of blockchain in it.
For example, the Binance Smart Chain is one of the promising answers to “What is the Metaverse project?”, especially related to blockchain. Binance Smart Chain has hosted many Metaverse projects such as RPG games. In addition, other projects such as the trading card game TopGoal also demonstrate the potential of blockchain or crypto-based projects in the metaverse.
The connection between Crypto and Metaverse
Currently, most projects for the Metaverse are actually games that showcase the 3D aspect of the Metaverse. However, there are many other elements that are essential to metaverse construction. Blockchain or crypto can fill in the missing pieces in the metaverse and provide many key features. The growing addition to the list of metaverses for crypto projects will directly signify the power that blockchain or cryptocurrencies bring to the metaverse.
Now, let’s talk about the Top Metaverse Blockchain and Crypto Projects
#1. Sandbox
Now the cryptocurrency sandbox is just a matter of hours as people can buy and sell digital assets. Such as non-fungible tokens, or NFTs, which allow users to build virtual worlds where they design their phones and take advantage of their own virtual gaming experiences. And An animal, go brands, a Hong Kong-based blockchain recruitment company, is a co-owner of Sandbox. SAND tokens are growing and trading at $2 with a market cap of over $2 billion with a total supply of 3 billion tokens.
Sandbox was created in 2012 by the Pixel development team and is developed on the Ethereum blockchain. And most recently, SoftBank, one of the most powerful companies in the world, invested $93 million in the startup. More than 30,000 artists selling layered items buy and sell tons of virtual items for sand virtual currency. Hundreds of players have broadcast activities simultaneously.
Not only that, Sandbox’s developer economy is booming, creating new categories of digital jobs, such as Virtual architects making NFTs, gaming markets, and more. Their vision is to turn gamers into creators and drive a gamer-owned economy that goes far beyond gaming and fashion architecture, virtual concert shows, galleries, museums, and more. Plus, you have leading gaming brands and companies like The Walking Dead, Snoop Dogg, and Authority, all of which have bought into the virtual land segment. They also have more than 12,000 virtual landowners including 165 brands and over 500,000 registered wallets. And now you can buy and sell on the Binance and Kucoin exchanges.
#2 Decentraland
One of the earliest pioneers of the metaverse, Decentraland is effectively a 3D universe. The 3D universe allows players to develop a virtual plot and participate in many other activities. Players can also host events, participate in social activities, and create content on Decentraland.
In fact, Decentraland was a well-known project in the metaverse long before the noise around the metaverse started to pile up. This simple 2D game was developed in 2016 and has grown to become one of the best metaverse crypto projects, with NFT worth hundreds of thousands of dollars. Decentraland also offers an ERC-20 native standard handy marker, known as MANA.
Decentralization has the necessary features that confirm its inclusion in the list of crypto projects of the metaverse, such as the 3D interface. Other features of Decentraland that match the metaverse are game events, the digital economy, and elements of social interaction. In addition, Decentraland has recently gained unprecedented popularity for virtual NFT real estate on a platform called LAND.
#3. Axie Infinity
Axie Infinity is a blockchain based on the NFT protocol. Founded in 2018, it’s a Pokemon-like game where players grow and trade creatures called Axies. And AXS owners epitomize the ability to influence and improve game development. They can also use their tokens to win more AXS and vote for management ideas. This year, AXS has increased its popularity and is now available for training on Binance, Coinbase, FTX, a number of other major crypto exchanges and decentralized exchanges. The current price now exceeds $146 with a market cap of $8 billion for a total symbol supply of 270 million.
#4. Enjin
The name Enjin is also an important addition to the list of crypto metaverse projects due to its unique capabilities. It is a blockchain platform that helps users create NFTs to use as in-game items. Enjin has successfully released software development kits or SDKs to enable easy development based on Ethereum NFT. Since NFT has become an integral part of the metaverse, Enjin is committed to developing a secure platform for NFT mining.
The most striking aspect for Enjin as one of the best metaverse blockchain projects is the liquidity for NFT. In general, NFTs are plagued by default liquidity because they need to find buyers for NFTs. Instead, you can convert your Enjin NFT into ENJ tokens and get whatever value you want for your NFT. In addition to providing liquidity, Enjin also enables scarcity and digital pooling, thus qualifying for the metaverse.
#5. Star Atlas
Star Atlas is based on the Metaverse blockchain game, which currently resides on the Solana blockchain. Now real-time graphics phi and multiplayer gaming feed decentralized gaming, enabling hyper-realistic gameplay. And after initiating this Lana monitoring protocol, it was able to list a huge server, reliable gaming environment that Star Atlas was trying to use. Solana’s unique logs allow you to actively record gameplay between objects, enabling online multiplayer games like Star Atlas. Players can play and learn in the Star in the 3D virtual universe. This in-game is currently powered by Unreal Engine 5 in a feature, real-time cinematic environment on the blockchain Solana is the basis of Star Atlas and the in-game Atlas token and is used to buy assets and when they pass through the NFT Marketplace and now you can see from Atlas on FTX and Gates.
That’s our list of the top 5 metaverse investments!
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