Metaverse! We are sure that people have been reading about this alternate reality for a while now – a distributed augmented/virtual internet of existences that will maintain all people connected. This post is all about the top 3 Metaverse crypto projects to invest in 2022. Well, let’s take a look at the top 3 Metaverse tokens.
3.Top 3 Metaverse Crypto Projects: Decentraland (MANA)
MANA/USD Monthly chart – TradingView
It is the second most senior virtual real estate project (after old Etheria) – Decentraland. It is a digital Metaverse platform that permits users to build and partake in virtual reality. The users can buy properties of land (non-fungible individual digital assets) that they can create. It contains the history of the site, landlord, content depiction, and access management. Also, they can create and monetize investments.
Decentraland functions on the Ethereum blockchain. MANA is the born ERC-20 utility token, yet, the ERC-71 Non Fungible Tokens (NFTs) traditional token LAND is utilized to describe land license and transfers. The Decentraland DAO carries essential smart contracts and assets that create Decentraland – the lands, properties, wearable, servers, and the market. It also contains a huge number of MANA tokens that permit independent operation, condition of the grant, regular process, etc. In one year, the MANA price has increased by almost 3464%.
The users have complete control of the procedures and choosing the functioning of their digital assets, on the platform. The community can select the guideline update, prospective LAND auctions, specifying the NFT contracts authorized, builder and marketplace, etc. In short, they can select, whatever they like to select. The governance instrument is created in and supported by Aragon.
2.Top 3 Metaverse Crypto Projects: The Sandbox (SAND)
SAND/USD Monthly chart – TradingView
The Ethereum-based Sandbox is a blockchain dependant virtual planet, where users can purchase, trade, or even build their private digital assets. It produces the ideal background, containing online venture, decentralization, and gaming. It strives to deliver blockchain technology to the people by luring gamers and developers alike, connecting play-to-earn and NFT based economizing. The utility token is named SAND. It is utilized for transactions on the platform and handling decentralized management.
As mentioned earlier, Sandbox is a virtual world that operates on the blockchain. This can be accomplished only because of Decentralized autonomous organizations (DAO) and Non-Fungible Tokens (NFTs). Sandbox created a wide online experience, joining decentralization and gaming. In one year, the SAND price has increased by almost 9,863%.
1.Top 3 Metaverse Crypto Projects: Axie Infinity (AXS)
AXS/USD Monthly chart – TradingView
Axie Infinity is a popular play-to-earn game that operates on the Ethereum side chain Ronin. The participants can gain by contesting in PVP matches, producing Axies and marketing them to the marketplace, or gathering rare Axies.
Axie Infinity utilizes a dual token system like many Metaverse projects Smooth Love Potion (SLPs) which permit users to generate Axies or the more generally understood AXS – required for management and gain a percentage of the platform fees. In Axie Infinity, participants utilize action cards to control what activity their Axies will be accomplishing for that turn. It is very near to the Pokemon game. The game is rising massively and delivers a lifeline to numerous people in developing countries to earn their living. It is possible to maintain the top rank in top Metaverse tokens, for quite a while. In one year, the AXIE price has increased by almost 15,198%.