The Charge of the Metaverse Tokens (or Ethereum Killers)!
The Metaverse is coming, but you won’t be able to spend just any crypto in there. That’s why a slew of new ‘metaverse tokens’ are making headlines and lining digital wallets as traders snap up these tokens with the hope that they (or at least one of them) will power Web3 — and the future.
Metaverse tokens are not an entirely new breed of currency. They are for all-intents and purposes born of crypto and are in many ways exactly the same. How they differ (and this is the important part) is that metaverse tokens are exclusively used within existing metaverses as a digital currency used to purchase digital goods. These goods include things like custom avatars, rewards, badges, super powers deployable in games, additional characters, and all of the aforementioned can be used to earn more tokens in their respective environments.
Currently there are a only a small number of metaverse tokens, including Uhive’s HVE2 $0.0024 (+20.3%), and others like Decentraland’s MANA $3.32 (+0.65%), Axe Infinity’s AXS $144.11 (+1.2%), and Sandbox’s SAND $2.88(-0.66%) that are being bought up by investors who are all banking on these tokens becoming the next “millionaire makers!”
While some experts are calling these tokens “almost guaranteed to make people a lot of money” the real driving force behind any metaverse token should not be financial. At Uhive we have made it a part of our DNA to use HVE2 as the catalyst to develop and continue the growth of the metaverse, bringing decentralization and universal income standardization to everyone who participates.
The first step towards building a successful metaverse is to bake the Five Laws into what you’re creating. Law #2, in particular, “A Metaverse must aim to create a global universal income for every single user by allowing and facilitating the distribution of wealth” is only possible with a metaverse token, so no token —and you’ve not got a real metaverse!
A metaverse token is a foundation building digital currency, and must be a mainstay of any entity with ambitions to enter the metaverse arena. No metaverse will survive without a thriving economy and no economy can function without a means to transfer wealth. That’s why metaverse tokens will rule the roost when it comes these new platforms and ecosystems which will all become a necessity one day!
*Prices correct at time of writing
Uhive stands for a handful of social media revolutions that are breaking the decades-old norm and disrupting the status-quo that currently stands between Big Tech and individuals who use social media. While these include the Oasis and the Magna Carta Protocol, Uhive’s most ambitious and sweeping goal is to share all of its wealth and success with everyone via a universal income proposal, which unconditionally distributes dividends (via tokens) for all active users on a daily basis. Simply put — success and wealth should not be distributed between only those that own equity in Uhive, but all those that participate in making Uhive a success!
Download the application and join our social universe, it is available for Android and iOS : www.uhive.com
