Metaverse coin projects, which have been on the agenda for a while, have been struggling since the beginning of the year in order to rise in price performance. However, experts remain optimistic about the future of the industry.
Metaverse Coin projects are promising
Metaverse is a virtual place consisting of lands that can be established and monetized in different ways. Processing the information to be obtained by the avatars presented with augmented reality in the metaverse and using it in the real world can make the work of people much easier. The value of being a participant in such a system is also great.
The use of Blockchain technology by the world’s leading companies and their work on the metaverse will also enable the economic growth of Metavers coin projects in the future. Metaverse has more opportunities than we see on the internet. As Cryptokoin.com, we are examining 5 metaverse coin projects that can be invested in 2022.
Here are the 5 metaverse coins with the best infrastructure to invest in:
Solana, one of the most popular platforms for metaverse coin projects, has a “low transaction speed versus high transaction speed” found in Bitcoin and Ethereum networks. emerged as a solution to the “fee” problem. The network attracts Metaverse projects by offering high transaction speed and low transaction fees. In addition, the network allows users to create decentralized applications (dApps) and non-changeable tokens (NFTs). The network also includes over 800 NFT markets that allow users to buy and sell NFTs. Solana is at the top of our list as its exponentially growing ecosystems with Metaverse projects point to a sharp rise.
Decentralan is a decentralized virtual reality platform powered by the Ethereum blockchain. The ERC20 token of the Decentraland ecosystem, with which you can not only produce content and applications, but also monetize them, is MANA. With this Metaverse coin, it is possible to buy land, goods and services from the world of Decentraland. Gamers, content creators and businesses who want to take advantage of Metaverse opportunities and have fun are trying to buy land and services from this platform. All these features make MANA an attractive investment vehicle.
The infrastructure provided by Polygon, which is well known in the Metaverse world, makes it an excellent option for Metaverse coin projects that require a high amount of on-chain interaction. Similar to multi-chain systems like Polkadot and Cosmos, Polygon also offers the advantages of Ethereum such as security, openness, living ecosystem and network effects. On the other hand, the protocol also provides solutions to Ethereum’s problems such as low transaction count, poor user experience and lack of community governance. Polygon sidechains also support decentralized finance (DeFi) protocols in the Ethereum ecosystem. MATIC, the native token of Polygon, was created for use within the Polygon ecosystem. With so many users added to the Metaverse every day, MATIC could skyrocket in 2022.
The Sandbox (SAND)
The Sandbox; It is a decentralized virtual world managed by users, where players have the power to design, share and sell assets for play. The Sandbox metaverse is one of the few Blockchain-based virtual worlds trying to change the dynamics of the gaming market and reward creators for the value they generate through user-generated content. SAND is one of the leading Metaverse cryptocurrencies on The Sandbox and has become one of the most talked about Metaverse projects on the internet, especially with the attention of celebrities like Snoop Dogg. SAND, one of the leaders in the metaverse field, deserves to be one of the projects that can be invested in 2022.
The last Metaverse coin on our list: AXS (Axie Infinity)
Axie Infinity is a blockchain-based battle game inspired by Pokemon. One of the most popular and highest-grossing games built on a blockchain, Axie Infinity features characters that are NFTs that players can buy and trade. The metaverse coin in the Axie Infinity play-to-earn game is AXS. Users can collect this token by playing the game. The AXS token can be converted to ETH and also used to purchase NFTs.