So you’re thinking of investing in the top metaverse crypto ventures to make a fortune. But the issue is, which metaverse crypto project is the best to invest in? This post will look at the finest Metaverse cryptocurrencies to invest in 2022.
Understanding the Anatomy of the Metaverse
The Metaverse is a virtual reality world. It is a 3D virtual reality environment of augmented reality and virtual headgear that allows users to communicate and feel present “no matter how far apart…” “Metaverse” was inspired by Neal Stephenson’s 1992 cyberpunk novel Snow Crash. Characters in the story can construct things that do not exist in reality.
Today, crypto-related projects built on Metaverse technology provide consumers with governance and economic value.
Best Metaverse Cryptocurrency That Could Make You a Millionaire in 2022
Decentraland, founded in 2018, has a significant head start in the Metaverse race. This pioneering Metaverse project is built on top of the Ethereum blockchain and provides a virtual game experience to people all over the world.
Users may make and customize their characters, engage with other users, and explore the ever-expanding Decentraland environment. It has also emerged as one of the top web 3.0 cryptocurrencies to invest in this year.
A whole virtual universe. Immersive and believable. It will comprise buildings, various settings, natural areas, and companies. You may meet new people, have fun, be wicked if you want, play games, and earn money here.
But first, just like in real life, you’ll need to choose your spot.
All land plots will be auctioned off in public on our Land Sale Platform, with prices starting at $50 (in Tipsy) for the ground level.
In terms of game mode, Axie Infinity is similar to Pokémon. It is created on the Ethereum blockchain. It is an NFT online game in which participants compete and exchange their governance token, AXS, under a win-to-win format. Users may redeem their awards and swap their earned assets in real-time outside the network.
As of August 2021, the site had around 1 million daily users. The game earned $364 million in terms of income, placing it second only to Ethereum on the highest protocol revenue chart.
4. Enjin (ENJ)
Enjin, which is also built on the Ethereum blockchain, allows users to communicate, play games, and generate virtual items. In terms of market cap, $ENJ ranks third among all metaverse crypto coins, trailing only $MANA and $AXS.
Users may develop digital assets, games, and apps and combine them all over the Ethereum network by integrating them with Enjin’s Software Development Kits (SDKs). Tokenization is used for these games and applications. This implies that when players unlock an item, they may not only use it in-game but also trade it, allowing them to earn $ENJ.
The Sandbox Metaverse currency is sixth on our list. It has a market value of about $5.8 billion, which makes it worth a lot. A virtual economy built on the Ethereum blockchain where people can buy, sell, and even make their own digital goods is called the “Ethereum economy.” It’s the perfect mix of online interaction, decentralization, and games, which makes for an immersive experience. Play-to-win and NFT-based economies will both be interesting to gamers and developers. There are utility tokens on the platform that can be used in exchanges and in decentralized governance at its core.
The Sandbox is a game where users can buy digital plots of land and make things that other people can see and do. If you want to see how a blockchain-based Metaverse would look like, you can play in the Sandbox.
Yield Guild Games is the Metaverse’s sixth most popular project. This Decentralized Autonomous Organization makes investments in virtual currency that cannot be purchased or traded. And FTS aspires to create the finest virtual economy globally, maximize its assets, and share earnings with its investors.
Yield Guild Games has established a community of players and investors and decentralized games in which individuals may profit by investing in nonfungible tokens (NFTs), which are utilized in virtual worlds and blockchain-based games. People can profit from investing in NFTs. People were more compelled to play because they could acquire games to help spread the word about the platform.
CryptoTanks is a Play-to-Earn metaverse game in which users collect NFT tanks to play the retro 8-bit 90s gaming hit. Every NFT on Cryptotanks is fully functional in the gamified DeFi ecosystem, which means it may be sold or swapped.
What distinguishes this game from others is that, unlike other games, CryptoTanks allows a player to earn as he progresses through successive stages. The $TANK tokens that players acquire may also be used to compensate for in-game purchases.