- Metaverse is a 3D virtual reality and augmented universe
- Metaverse-related related tokens; FB, AXS, MANA, SAND, ENJ, MVI.
- Independent cryptocurrency data aggregators hold more details on most metaverse-related tokens.
Metaverses have seen growing interest from users and admirers. NFTs have a huge role in this traction metaverse crypto coins are gaining lately. A lot of metaverse crypto coins have taken to flight in their prices since Facebook rebranding to ‘Meta’ news.
Metaverse is a 3D virtual reality and augmented universe, where users can interact with the digital environment and with other users. Now, most assets in these augmented virtual reality environments have been backed up by smart contracts in the form of Non-Fungible Tokens.
Metaverse tokens to look out for
Amongst tens of metaverse crypto coins existing as at the time of writing this piece, here are the metaverse crypto coins to currently look out for;
- Facebook Tokenized Stock(FB)
Since Facebook’s rebranding, It has invested about $50 million into its metaverse projects. So it’s only wise if one could choose to invest in their tokenized derivatives/version of shares that represents 1:1 of the underlying stocks.
FB token is currently trading in FTX and Bittrex centralized exchanges.
Another metaverse crypto coin one should be looking at is the Axie Infinity governance token AXS. Axie Infinity is an NFT based online video game on the Ethereum blockchain. Players breed, raise and battle their digital pets in this play-to-earn ecosystem.
Decentraland is a virtual reality platform built on the Ethereum blockchain that allows users to create, experience, and monetize content.
Amongst metaverse crypto coins that have surged in price lately, MANA has taken the front row seat. MANA is an ERC-20 token used in the Decentralized metaverse to buy avatars, wearables, names, and more. It is burned to acquire non-fungible LAND ERC-721 tokens.
$ENJ is an ERC-20 token on the Enjin network, a social gaming platform that allows users to create websites, chats, and host virtual item stores.$ENJ by market cap is the third metaverse token behind $MANA and $AXS according to Coingecko. ‘
Minting Blockchain assets with $ENJ provides creators and users the benefits of transparency and scarcity which could, in turn, raise the monetary value of their assets in the long run.
This is another metaverse crypto coin, a metaverse ETF but for the crypto market. It has a maximum supply of 39,602 tokens.
It is available in Decentralized exchanges like UniSwap and 0x Protocol.
SAND is an ERC-20 token for the Sandbox, a decentralized blockchain-based virtual platform that is combining the powers of the decentralized autonomous organization (DAO) and non-fungible tokens (NFTs). It allows users in the game to buy, sell, create and build digital assets.
Small cap metaverse tokens to watch
RACA is top amongst small cap metaverse crypto coins, a governance token of the Universal metaverse and Metamon blockchain game. Launched in August of 2020, the metaverse is said to be capable to provide an NFT marketplace, an initial Game Offering Launchpad services for games and initial Social Dapp Offering launchpad services for Social Dapps.
Radio Caca NFT is the official NFT manager for Maye Musk. RACA has seen a $3 billion trading volume on the Binance Smart Chain Network. A beta test version of the Universal Metaverse would be launched in December 2021.
Amongst metaverse crypto coins is ATLAS, which is the native token of the Start Atlas metaverse, a multiplayer virtual reality space game where players create avatars, play, and earn on the 3D virtual space. Launched in September 2021 Star Atlas has gained a lot of traction for its great story and cinematic video quality.
UFO Gaming ($UFO) is a fully decentralized inter-galactic social gaming token, a Metaverse. with virtual land, NFT marketplace, and IDO launchpad.
UFO Gaming just concluded a $10 thousand contest amongst players and streamers. UFO at a market cap of $612 million should be looked into closely. UFO is available at Uniswap and ShibaSwap centralized exchanges.
RFOX is the native token of RedFox labs, a Venture builder that creates internet companies in emerging markets. Going live today at 10PM GMT+8 (2 PM UTC), a Bored Ape Yacht Club would be minted and auctioned out, the first of its kind from RedFox Labs. RFOX as at the time of writing this article has a market cap of $209million and is available at PancakeSwap, Kucoin, UniSawp, and Gate.io exchanges.
This information is just a personal opinion of the writer on metaverse crypto coins. Before investing in any digital asset, it’s important to DYOR, furthermore one can check an independent cryptocurrency data aggregator to find out more metaverse-related tokens.