Top metaverse projects to watch out in 2022

Do repost and rate:

The growing craze of  has now captured the eyes of everyone starting from the retail investors to CEOs of billion-dollar tech companies. Metaverse is emerging as the latest trend that combines the security of blockchain, decentralization of Web 3.0 & transfer of value will occur via NFTs & cryptocurrencies. A virtual world where everyone will be able to interact with each other, execute tasks, transfer value & much more.

Early adopters always grab the jackpots as they are the ones who praised the innovation instead of resisting it. Today in this blog I will be talking about various ways that will help you in making your metaverse investments better.

Always remember to do your own research before making any investment as crypto markets are highly volatile & can cause you financial damage if wrongly done. 

Another best thing is the current market crash as it paves the way for individuals to accumulate more at lower prices.

One can invest in the metaverse in two ways, either you can invest in the stocks of the companies building metaverse or in the crypto tokens. Investing in stocks is a low risk low reward way while vice versa in the case of crypto, users can expect huge returns in a short period of time.

Before investing in any metaverse projects the points one should check are:

  • Roadmap of the project.
  • Community responses & social presence.
  • Founding team 
  • Price of tokens, total supply & circulating supply.
  • Collaborations 

These are some points one must always include in their list while doing research on any project & based on my research here are the top five coins that I think can give insane returns by the end of 2022.

Sandbox is a game in which players can buy digital plots of land, called LAND, and create experiences on top of them to share with other users. In this way, The Sandbox is one model of a blockchain-based metaverse in the same vein as Decentraland. 

  • DECENTRALAND

Decentraland users can buy and sell virtual real estate, while exploring, interacting, and playing games within this virtual world. Over time, the platform has evolved to implement interactive apps, in-world payments, and peer-to-peer communication for users. 

  • ENJIN COIN

Enjin is a software that helps developers in creating in game virtual assets such as cars, grass, swords, furniture, etc. on the ethereum blockchain, assets created on Enjin are highly customizable.

  • AXIE INFINITY

Axies Infinity is a game based on play to earn model where users have to purchase axies ( Cute little NFT pets ) to fight with other users in the arena, and the winner gets SLP tokens that can be traded on exchanges for fiat currency.

  • ILLUVIUM

Illuvium is an upcoming blockchain game that takes place in an open-world, RPG setting. Players collect creatures called Illuvials, each with a class and affinity. There are five classes and five affinities that have their strengths and weaknesses. As you win battles against other players and complete quests, your Illuvials become more powerful.

Do Sandbox & Decentraland overhyped?

Nowadays when people talk about Metaverse they mostly talk about Sandbox & Decentraland as both of these projects grabbed the attention of everyone due to the hefty investments made by many influencers & celebs. But wait! 

What are the reasons behind these investments, what are the things that are purchased & why it is becoming so expensive, and what’s the kick in purchasing things that do not exist in reality, a lot of questions like this will arise for sure, so let’s check out.

Both decentraland & sandbox offers virtual land to the users, you can purchase lands on these platforms, and the current base price to purchase a piece of land on decentraland is 4998 Mana (~ 4.63 ETH) while on Sandbox it is 3.49 ETH.

Decentraland Marketplace

The prices of these virtual lands are skyrocketing as many new investors & celebrities are showing interest in the metaverse. Companies such as Nike & Adidas are creating virtual projects that will be sold in the metaverse, while Meta is building their own metaverse named Horizon world.

Sandbox Marketplace

To develop any project in the metaverse one will need a piece of land & the quantity of land is limited and this is one of the major reasons behind the skyrocketing prices. There are many other reasons such as gaming evolution and FOMO.

Why Axie Infinity, Illuvium & Enjin Coin Included in my list?

Enjin coin provides the feature to built in game assets that are highly customizable such as in game swords, cars, and many other types of equipment. Enjin is a software that gives developers the ability to create and manage virtual goods on the Ethereum blockchain and therefore it becomes very useful and hence a good choice for investors.

On the other hand, Axie Infinity & Illuvium are games based on the Play to Earn model where users can play and can earn in game tokens that can be traded on exchanges for fiat currency.

In metaverse people will be able to play games, host shows, podcasts, advertise, and much more but games will be the real king because everybody loves to play, there is no rocket science.

Interoperability Issues

Let’s try to understand, platforms such as decentraland & sandbox offer a lot of things in their marketplaces such as lands, in game equipments, virtual products, and many more things but you can not use virtual products purchased on Sandbox in metaverse of decentraland. The interoperability issues are still there, maybe in the future it will be possible but for now, it is what it is.

Closing Thoughts

Metaverse is still developing and a lot of research is on way, investing in metaverse in the early stage is not risk free as many projects will grow and many will fail so always do your own research before investing in any of the metaverse projects, you can also invest in stocks of companies such as meta, Amazon, Microsoft, Nvidia and others who are either developing the metaverse or will play a crucial role in the development.

Regulation and Society adoption

Ждем новостей

Нет новых страниц

Следующая новость