Top 5 Metaverse Coin

ozcansiz11
Coinmonks
5 min readJun 24, 2022

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It is highly likely that Metaverse projects, which set a big trend in the last period of 2021, will be very popular again when a bull period comes again. That’s why I wanted to review the 5 most known, invested and successful Metaverse coins. Not Financial Advice.

  • Decentraland (MANA) : Decentraland is a virtual reality platform powered by the Ethereum blockchain. Users can create, experience, and monetize content and applications. Land in Decentraland is permanently owned by the community, giving them full control over their creations. Users claim ownership of virtual land on a blockchain-based ledger of parcels. Landowners control what content is published to their portion of land, which is identified by a set of cartesian coordinates (x,y). Contents can range from static 3D scenes to interactive systems such as games.
    Total supply is 2.19 billion, Circulating supply is 1.85B Mana. However, it is important to be careful when investing for the long term as the maximum supply is unlimited. With the announcement of a partnership with Samsung Mana, it again drew attention to the coin at the beginning of 2022. It is one of the Metaverse coins that needs the most attention at the end of this year. Currently value: $0.8841
  • Theta Network (THETA) : The Theta Network and protocol solves various challenges the video streaming industry faces today. The Theta Coin project uses the Proof of Stake consensus. Theta is a blockchain platform that seeks to promote a global network of computers designed for an open source, decentralized video streaming platform. Today, content delivery networks (CDNs), which are networks of geographically located operators, are paid to deliver streaming video content to end users. Theta aims to revolutionize the live broadcast space. The Theta blockchain introduces three main novel concepts:
    - Multi-Level BFT
    - Aggregated Signature Gossip Scheme
    - Resource Oriented Micropayment Pool
    Theta currently shows Total supply as 1B and Maximum supply is 1B. The circulating supply is also 1B THETA. It will rise again, but the investor who is a little more patient will make a lot of money from it. Currently value: $1.29
  • The Sandbox (SAND): The Sandbox is a virtual world where players can build, own, and monetize their gaming experiences in the Ethereum blockchain using SAND, the platform’s utility token. Their vision is to offer a deeply immersive metaverse in which players will create virtual worlds and games collaboratively and without central authority. They are aiming to disrupt the existing game makers like Minecraft and Roblox by providing creators true ownership of their creations as non-fungible tokens (NFTs) and rewarding their participation with their utility token — SAND.
    Sandbox total supply is 3D, Max supply is 3D and circulating supply is 1.26B Sand. Since 42 percent of it is in the market, it is a great advantage for those who will invest and trade to have SAND that will be released enough to catch the opportunity to catch volatility. Currently value: $1.00
  • Stacks (STX): Stacks; It is an open source network of decentralized applications and smart contracts integrated with Bitcoin. Concurrently working Stacks and Bitcoin networks allow smart contract and decentralized applications to be modified without changing the Bitcoin chain. Formerly known as “Blockstack” Project, with the name change in 2019, the name of the project and the local coin was changed to Stacks. It has the title of being the first coin approved by the securities regulator, Securities and Exchange Commission (SEC) in the USA. Total supply is 1.35B, Max supply is 1.82B and Circulating supply is 1.32B STX. The fact that 73 percent has been released will have a positive impact on the market in the future. It is one of the coins that wait and suddenly become highly volatile. Currently value: $0.3884
  • Enjin (ENJ) : Enjin is software that gives developers the ability to create and manage virtual goods on the Ethereum blockchain. The Enjin Platform is a blockchain PaaS (Platform as a Service) that allows you to create and manage blockchain games without the complexity of building and maintaining the infrastructure typically associated with developing and launching a blockchain game. Enjin Coin (ENJ) is an ERC-20 token traded on the Ethereum blockchain, and the Enjin technology it is based on powers an ecosystem used for NFTs, gaming and other distributed applications.
    Total and Max supply seem to be 1B, Circulating supply seems to be 895M ENJ. Since this float is a circulating supply, volatility does not rise suddenly, but I think it will announce big project partnerships in the future, so I think as a company that will make this jump with burns. Currently value: $0.5144

In this way, I will continue to share the coins that can trend, have potential, and that I think will take Blockchain technology forward. If you like it, I would be very happy if you follow me on Twitter, Medium platforms and support me :)

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ozcansiz11
Coinmonks

Data Visualization | Data Analytics | Machine Learning | Industry 4.0 | Blockchain | Finance | Investment Industrial Engineer. I don’t have telegram channel!!