Blockchain technology and cryptocurrencies have created new digital investment opportunities for users of the technology to invest in and profit from. One of the applications of this technology has been the Metaverse, a bridge between the physical and digital worlds for users to explore.
The Metaverse has created a number of unique experiences that are not only engaging but also profitable for its users. This is through the use of crypto coins that act as rewards for activities in the Metaverse, allowing users to earn as they play games or engage with their favorite experiences.
Top metaverse crypto coins to look out for in 2022!
- Decentraland: Decentraland is unique among metaverse projects as it allows users to experiment and develop their own concepts and applications in a virtual world. This is done using the virtual token MANA, which users use to purchase virtual plots of land. It currently ranks at #42 on the market capitalization ranking, and one MANA token trades for about 0.71 USD currently.
- The Sandbox: With a focus on gaming and decentralization, The Sandbox makes for a compelling and valuable proposition in 2022. Working on a concept similar to Decentraland, Sandbox also allows users to purchase virtual land plots to develop their own concepts and applications. It is, however, focused on minting and trading NFTs using SAND tokens. With a Virtual Reality aspect and backing from popular gaming platform Atari, SAND currently trades at 1.13 USD. It stands at #41 on the rankings according to the market cap for metaverse crypto coins.
- Axie Infinity: Among the pioneering applications of the pay-to-earn model in metaverse crypto, Axie Infinity allows users to acquire rewards for actions performed in-game. These rewards could be minted as unique NFTs using AXS tokens and sold on the open marketplace for a profit. AXS tokens currently sell at 22.7 USD, a great value proposition for those looking to mint and trade unique NFTs.
- Enjin Coin: Among the metaverse crypto coins geared towards the gaming industry, Enjin Coin offers a lot of value in terms of minting NFTs from games and through its Marketplace feature that allows users to trade their NFTs seamlessly and effortlessly. Enjin Coin currently trades at 0.52 USD, making it very profitable for trading unique NFTs.
- Ape Coin: Based on Ethereum’s ERC-20 tokens, Ape Coins provide unique benefits to owners, such as governance votes, access to exclusive games, and many more! There is also promised compatibility with Otherside, a metaverse game from Yuga Labs, which created the Bored Apes Yacht Club NFTs. It is also quite profitable, with each token trading at 7.93 USD!
- Highstreet: With Shopify integration, VR games, NFTs, and more, Highstreet is a metaverse platform that aims to transform users’ online shopping experiences. With a virtual reality world in which users can navigate stores and make purchases using HIGH tokens, this is an interesting application of the metaverse concept to online retail stores. A single HIGH token trades at 1.90 USD currently, and it is set to grow as the platform begins to increase its traffic.
- Render Token: Render is a unique platform that offers users a place to conduct graphic intensive processes by offering distributed graphic processing capabilities. It is a great platform for either testing new applications or hosting online games that require a bit of graphical power. A single token trades at 0.9 USD currently, and the platform has a lot of potential for growth considering its gaming-focused offerings.
- Wilder World: Wilder World is another unique, gaming-focused platform that boasts of a 5D metaverse built on Ethereum. It is highly scalable and also has a lot of potential for high engagement. This is because users can either buy or build customizable in-game items that they can then trade with other players. While it may sit low on the rankings based on market cap, it is important to remember that this platform is only getting started and can be very valuable in the long term.
- Illuvium: This is a great example of the metaverse concept applied on a large scale. Illuvium is an RPG game featuring an open world for players to explore, a myriad of creatures to collect, and an auto-battle feature that allows users to compete against each other with their collections. Trading creatures is also an option, providing a lot of scope for high engagement and scaling. One Illuvium token currently trades at 310.79 USD, making it a very strong token for investments and trades.
- Floki Inu: This platform is as unique as its name. Named after the popular “doge” meme featuring Shiba Inu and Elon Musk’s dog Floki, this is a metaverse project you must keep your eye on! Aiming to combine memes and the real world, Floki Inu aims to create games, NFTs, content channels as well as educational programs. These projects have generated a lot of interest, and it currently trades as low as 0.09 USD, with prices set to soar as more projects gain traction.
New Digital Frontiers to Explore:
The Metaverse is shaping up to be a vast space that creates new applications and concepts every second. Multiple platforms with various value propositions can make it a challenge to keep track of the latest developments in the digital world. You can keep up with these events by reading our blogs, where we cover the most important occurrences across the dynamic and thriving crypto industry.
It’s time to find your platform of choice and begin your journey into the crypto world armed with all the information you need to make a profit.
The post The Top 10 Metaverse Crypto Coins to Buy in 2022 appeared first on bitsCrunch.