Metaverse coin – On the 28th of October 2021, Facebook CEO Mark Zuckerberg released a picture I himself alongside the logo of the rebranded Facebook meta.
In recent weeks the metaverse has gained immediate global attention due to the focus on Facebook name change, the company looks to leverage its social network and combine it with its own virtual reality technology.
However non of this is new within crypto, this has been going on for a while, with projects like decentraland, Axie, sand, and many more. This article will look at the top metaverse coins to look out for.
What is Metaverse
Meta verse is a universe that works virtually, metaverse allows him to live, work, and earn money in a completely virtual environment. The metaverse allows users to interact with things virtually that are close resemblance to the real world, for instance, daily communicating, and playing video games.
The term Meta verse was originated from science fiction novel titles snow crash, by Neal Stephenson meta is derived from the word meta meaning beyond and verse form universe.
How is Metaverse Useful
In this 21st century, technology keeps improving. The metaverse will allow users to connect with each other in a more convenient and realistic manner.
With the ongoing coronavirus pandemic has forced people to stay at home and live virtually, and even earn a living virtually. The coronavirus outbreak comes with many limitations, and with this new advancement, many wins starts to use the virtual world more than ever.
What are Metaverse Coin
Metaverse coins are coins relate to Meta that are either planned for the feature or currently have Meta verse, these coins are mainly used as exchange in the metaverse economy, they offer governance and economic incentives from the project that they are part of.
Meta verse are pretty big and they boast deep liquidity, this means that they at accessible to buy and sell on reputable exchange. This is good for users because the coins can be bought more efficiently and at a lower cost.
Metaverse Coin List
- Axie infinity
- Star atlas and many more
Decentraland was founded in 2017, it is one of the incumbent metaverse projects in crypto. Decentraland is a user-owned and built using the ethereum virtual world where you can play, explore, interact with games activities, and lots more. Things you can do in in the decentraland:
- Investing is also an option—invest by purchasing real estate or land.
- Showcase art in NFT art galleries.
- Decentralised racing games.
- Visit a retro arcade where you can use & wear a few NFT wearables.
Enjin is a blockchain gaming platform built on the Ethereum Network, designing / creating digital collectible items. Enjin (ENJ) was made on the Ethereum blockchain and came to existence through an ICO that raised $18.9 million in late 2017.
Axie is a crypto game that is quite similar to a Pokémon style game in which players raise, battle, and trade cute NFT pets called Axies—founded by Sky Mavis, who launched the game in. In August 2021, the game had around 1 million daily players.
Sandbox is a project in the Ethereum metaverse in the gaming ecosystem. Where you can create, share, and monetize assets and games. Similar to Decentraland but this project appeals more to a younger audience. Sand was recently invested in one of the world’s largest technology investors, soft bank.
Star Atlas is a blockchain-based gaming metaverse built using the Solana Blockchain. The decentralised game is powered by real-time graphics, DeFi, and multiplayer gaming, allowing for hyper-realistic and interactive gameplay.