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One of the main attractions of metaverse cryptocurrencies is their projected profitability. And since giants like Facebook announced their future leap into the virtual universe, investor interest has only increased. Perhaps for this reason, the business volume is already estimated at almost one trillion dollars between now and 2024 , according to a recent report by Bloomberg Intelligence.
However, at this early stage of development, it seems impossible to predict with certainty what will happen to the metaverse in the next few years . Will it be a reality? Will it deflate as it has in the past with other VR-related projects? Will it be a single virtual universe or a cluster of unconnected platforms? Nobody knows the answers. However, what experts agree on is that the future lies in the technologies on which the metaverse is based. And if all the current metaverses have something in common, it is cryptocurrencies.
8 metaverse cryptocurrencies to invest in
As with 'traditional' cryptocurrencies, those of the metaverse fluctuate depending on the interest of the users of each platform. Metaverse Development Service This implies that its capitalization value varies with the sale, both within the platform and through external marketing platforms. A good example is that of The Sandbox , one of the main metaverses today: your token can be generated as a user or by purchasing it. Given that it is a finite asset and that a third of the total that will be put into circulation have already been acquired, its market value has multiplied by 40 since its launch until the beginning of this year .
MANA (Decentraland)
Decentraland is one of the metaverses with the most projection today, fundamentally oriented to the real estate business : it allows you to create, exchange and sell goods and services. Landowners can start virtual businesses and develop any idea in an open and collaborative world. To do so, they have MANA , an Ethereum-based token that has a main advantage and a drawback: since its launch it has increased in value by up to 400% ; however, when using Ethereum the fees to buy and sell are usually quite high .
SAND (Sandbox)
SAND's maximum supply is scheduled to be 3 billion tokens . Currently, about 900 million SANDs are in circulation. This has allowed its value to go from $0.50 per initial unit to more than 8 in just three months since its launch . It is currently going through a period of stabilization around $1.5 per token, making it one of the most attractive metaverse coins to invest in in 2022.
ATLAS (Star Atlas)
Star Atlas is a blockchain-based massively multiplayer NFT game, the theme of which is based on a space exploration grand strategy environment; Something similar to the famous O-Game, from the beginning of the century but with its own token. It runs on the Solana blockchain, a fast, safe and secure environment like Ethereum, but less expensive. This Metaverse Application Development Services implies that it may not have as superlative profitability as SAND or MANA, but it does not have as many costs associated with buying or selling assets .
AXS (Axie Infinity)
The currency in the entire game is the AXS and it is also based on Ethereum , so its cost of buying and selling is usually high. The objective of the game is to get creatures called axies (actually, they are NFTs) that can be raised, sold, bought, exchanged or won against other users . Its price can range from $150 to over $100,000, generating its own in-game economy of over a billion dollars. However, the value of AXS has fallen in the last half year from $160 to $20 per token.
TLM (Alien Worlds)
It is a video game in which the Trillium (TLM) is the currency of exchange. The objective is to compete in an interplanetary universe for the scarce resources that exist, so the TLM becomes a value in itself within the game. The only way to get it is to mine it (perhaps the great advantage of the platform) or buy it at a much lower cost than other Ethereum-based tokens.
ENJ (Enjin)
The Enjin platform allows users to mint, store and sell virtual goods, while the token used is the ENJ, which has a limited supply of one billion units. The key is that it is a metaverse intended for free trading, so the value of the products (such as NFT) in it is decided by the users themselves.
SIL (Illuvium)
It is an open world in which the objective is to collect a series of creatures called illuvial (NFT) by completing missions, which can then be used to trade with other users. The ILV token is based on Ethereum, which means a higher expense when buying or selling assets.
GALA (Gala Games)
It is a gaming platform where NFTs serve to facilitate various gaming features. GALA is the currency of this metaverse and is usually awarded as a prize to the best players. A curiosity is that the cryptocurrency of this metaverse can also be used to have a vote in the government of Gala Games, both in community rules and in the development of new games.
In short, there are multiple Metaverse Development Company cryptocurrency options as an investment vehicle. The positive part is that they are usually cheap and accessible to everyone . The negative part is that in many cases they require an excessive payment of commissions for the sale and that in many cases they require the user to be very active on the platform in order to obtain or mine the token itself.
However, at this early stage of development, it seems impossible to predict with certainty what will happen to the metaverse in the next few years . Will it be a reality? Will it deflate as it has in the past with other VR-related projects? Will it be a single virtual universe or a cluster of unconnected platforms? Nobody knows the answers. However, what experts agree on is that the future lies in the technologies on which the metaverse is based. And if all the current metaverses have something in common, it is cryptocurrencies.
8 metaverse cryptocurrencies to invest in
As with 'traditional' cryptocurrencies, those of the metaverse fluctuate depending on the interest of the users of each platform. Metaverse Development Service This implies that its capitalization value varies with the sale, both within the platform and through external marketing platforms. A good example is that of The Sandbox , one of the main metaverses today: your token can be generated as a user or by purchasing it. Given that it is a finite asset and that a third of the total that will be put into circulation have already been acquired, its market value has multiplied by 40 since its launch until the beginning of this year .
MANA (Decentraland)
Decentraland is one of the metaverses with the most projection today, fundamentally oriented to the real estate business : it allows you to create, exchange and sell goods and services. Landowners can start virtual businesses and develop any idea in an open and collaborative world. To do so, they have MANA , an Ethereum-based token that has a main advantage and a drawback: since its launch it has increased in value by up to 400% ; however, when using Ethereum the fees to buy and sell are usually quite high .
SAND (Sandbox)
SAND's maximum supply is scheduled to be 3 billion tokens . Currently, about 900 million SANDs are in circulation. This has allowed its value to go from $0.50 per initial unit to more than 8 in just three months since its launch . It is currently going through a period of stabilization around $1.5 per token, making it one of the most attractive metaverse coins to invest in in 2022.
ATLAS (Star Atlas)
Star Atlas is a blockchain-based massively multiplayer NFT game, the theme of which is based on a space exploration grand strategy environment; Something similar to the famous O-Game, from the beginning of the century but with its own token. It runs on the Solana blockchain, a fast, safe and secure environment like Ethereum, but less expensive. This Metaverse Application Development Services implies that it may not have as superlative profitability as SAND or MANA, but it does not have as many costs associated with buying or selling assets .
AXS (Axie Infinity)
The currency in the entire game is the AXS and it is also based on Ethereum , so its cost of buying and selling is usually high. The objective of the game is to get creatures called axies (actually, they are NFTs) that can be raised, sold, bought, exchanged or won against other users . Its price can range from $150 to over $100,000, generating its own in-game economy of over a billion dollars. However, the value of AXS has fallen in the last half year from $160 to $20 per token.
TLM (Alien Worlds)
It is a video game in which the Trillium (TLM) is the currency of exchange. The objective is to compete in an interplanetary universe for the scarce resources that exist, so the TLM becomes a value in itself within the game. The only way to get it is to mine it (perhaps the great advantage of the platform) or buy it at a much lower cost than other Ethereum-based tokens.
ENJ (Enjin)
The Enjin platform allows users to mint, store and sell virtual goods, while the token used is the ENJ, which has a limited supply of one billion units. The key is that it is a metaverse intended for free trading, so the value of the products (such as NFT) in it is decided by the users themselves.
SIL (Illuvium)
It is an open world in which the objective is to collect a series of creatures called illuvial (NFT) by completing missions, which can then be used to trade with other users. The ILV token is based on Ethereum, which means a higher expense when buying or selling assets.
GALA (Gala Games)
It is a gaming platform where NFTs serve to facilitate various gaming features. GALA is the currency of this metaverse and is usually awarded as a prize to the best players. A curiosity is that the cryptocurrency of this metaverse can also be used to have a vote in the government of Gala Games, both in community rules and in the development of new games.
In short, there are multiple Metaverse Development Company cryptocurrency options as an investment vehicle. The positive part is that they are usually cheap and accessible to everyone . The negative part is that in many cases they require an excessive payment of commissions for the sale and that in many cases they require the user to be very active on the platform in order to obtain or mine the token itself.