Well, flying cars and time travel are not possible in 2022 but, you can fight off Vegan Zombies and get rich thanks to metaverse. Ah yes, the controversial metaverse that caused Facebook stocks to drop 30% in a blink of an eye. At the end of the day, the returns will talk for themselves and metaverse coins are singing the song of wealth. So let us go down to the river of volatile assets and talk about metaverse coins to buy for the upcoming year. Generally speaking, player base is the primary benefactor to determine the value of a metaverse coin to buy. However, in a world of teenagers with ADHD, not everyone can last more than a year. In that regard, we have sorted our criteria based on future proof strategies. Without further ado, here are the metaverse coins to buy in 2022:
Much life Minecraft, Sandbox is an open universe that allows players to play, venture or create inside. In that regard, it may not sound like a new idea. However, all creations within the game are NFTs on the Ethereum blockchain. Players get to play or monetize creations and put them up for sale.
This idea provides the users with true ownership of their creations through NFTs. But that is far from what the game does. It provides tools for users that can be used via the native token (SAND). VoxEdit is an intuitive and easy 3D modeling app that lets the user design and even animate 3D creations. And to help gamers make money along the way, Sandbox has its own NFT marketplace. All creations made with VoxEdit can be uploaded into a decentralized storage and then be registered on the network. And to top it off, users can even make games using The Sandbox Game Maker which is another great apparatus.
With such extensive ecosystem, Sandbox primarily uses (SAND) which is an ERC-20 token used for transaction and interactions. SAND is currently 35TH cryptocurrency in the ranks with a market cap of over $4 billion USD.
At this point, Sandbox real estate is going off the roof. You can buy a house (virtual one at that) and become neighbors with celebrities on Sandbox for a few hundred thousand dollars!
You can buy SAND on HiExchange instantly with the lowest fees.
Axie Infinity (AXS)
Think of Axie as videogame 2.0, you can simply play Axie Infinity and earn AXS which is a cryptocurrency. The game allows the players to collect, breed, raise, battle, and trade creatures called “Axies. Axies are essentially NFTs on the Ethereum blockchain network. In a sense, gamers partially own and operate the game.
Gamers will have a chance to breed their Axie and make it fight another to win AXS cryptocurrency. This is known as a Play-to-Earn model where gamers can simply play the game to generate revenue.
Axie Infinity found enormous success during the pandemic quarantine and gained a strong player base. According to the reports, the game had over 2 million daily active users. What is interesting is that there are players who play Axie Infinity as their main source of income.
As of December 2021, AXS is ranked 28th with a market cap of over $5.8 billion.
You can also exchange AXS to PayPal with the lowest exchange fees or buy AXS on HiExchange Platform.
It’s simple, Decentraland is a virtual world running as an application on the Ethereum network. In short, players can trade real estate, communicate, explore and play in this virtual reality. The Decentraland metaverse utilizes two main tokens, LAND (which literally stands for land) and MANA (cool bible reference) which facilitates all purchases within the network.
Much like the previous ones, Decentraland also allows users to create and innovate within the metaverse and make trades. While the emphasis remains on the land and real estate, you don’t have to be boomer in Decentraland since there are so many activities to partake on the metaverse.
As of February 2022, MANA is the 31st cryptocurrency with a market cap of over $5 billion USD. Considering the extremely high potential for future implications, Decentraland maintains a better chance to stick around.
Metaverse Coins to Buy?
To be honest, metaverse coins are tricky at best. The primary objective for a metaverse is literally to entertain. Basically, the land or real estate value and subsequently the token value is directly affected by how many people are playing in the metaverse. For the most part, a majority of players in metaverse are not financially invested or hold minor investments within the network. On the contrary, those with notable investments are a minority. Unlike the real world, if the majority decides to quit the game the minority will have to suffer from loss of their digital funds.
To make sure your portfolio wouldn’t get dumped, you have to do your own research and stay vigilant since a new metaverse can seriously drain the predecessors in only a matter of days.
On the bright side, metaverse coins are still trending as speculations for the metaverse grow by the minute.
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