The cryptocurrency market is in the midst of a bear run, with most coins losing value. However, there are still some exceptions that may be worth investing in for your portfolio. These include; EOS, NEO and Ontology among others.
The “metaverse crypto coins to buy” is a list of the top 10 cryptos that are expected to be very successful in 2021.
We’ll go through the top ten metaverse tokens that have the potential to make you a lot of money in 2021 in this post. Let’s get this party started!
Wait till you see the genuine metaverse come into play if you thought Axie Infinity was a brilliant crypto game. Because of Facebook’s rebranding to “Meta,” one of the most underrepresented industries in crypto, gaming, has gotten a lot of attention. The idea of a metaverse or virtual world isn’t new, but the seventh-largest firm emphasizing it has totally altered the narrative around metaverse games, particularly those based on blockchain.
This is now having a rippling effect in the cryptocurrency business, with numerous gaming entrepreneurs obtaining large sums of money from some of the world’s most prestigious venture capital organizations. Many investors believe that crypto gaming has a lot of promise, and that we haven’t even begun to touch the surface. Solana Ventures, FTX, and Lightspeed Venture Partners have teamed together to invest $100 million in firms focused on establishing a gaming metaverse. We also saw Andreessen Horowitz, a Silicon Valley venture capital company, lead a $150 million fundraising round for Mythical Games, a plat-to-earn game, valuing it at $1.25 billion.
This demonstrates that crypto gaming development and innovation have reached breakneck speed. We may also anticipate seeing fully working games and metaverses far sooner than previously anticipated. We may still be a part of these initiatives by holding their native tokens before we have that experience. I’ll identify the top ten metaverse tokens that have the ability to outperform a popular game like Axie Infinity in this post. Let’s get this party started!
Decentraland is ranked first (MANA)
Decentraland, which was founded in 2017, was one of the first initiatives to attempt to establish a decentralized virtual reality platform using the Ethereum blockchain. Anyone may acquire LAND chunks and develop them into anything they want in this fascinating metaverse game. The total number of parcels offered is 90,601. In addition, each LAND is just 16 square meters in size. MANA is the metaverse’s native token that powers the whole ecosystem. There are 2.2 billion tokens in circulation, with 1.8 billion in supply. Token holders have the ability to vote on policy revisions and provide suggestions for LAND auctions.
The Sandbox (#2) (SAND)
If all goes according to plan, The Sandbox will easily overtake Axie Infinity in terms of market capitalization. The explanation is straightforward: increased utility value. The virtual environment created by The Sandbox is user-friendly and adheres to decentralization’s core principles. The Sandbox offers its own NFT marketplace and gaming platform for user-generated content. The SAND tokens are used by users who wish to construct and build a unique game in the metaverse. Players will also be able to purchase LAND and ESTATE to enhance their online experiences. Platform access, governance, staking, and basic foundation are the key use cases for SAND tokens. We should anticipate the scarcity of SAND tokens to increase as the game progresses, causing the token price to skyrocket.
Somnium Space (#3) (CUBE)
Somnium Space has gotten a lot of buzz in the NFT sector, as well as in the gaming community at large. NFT collections are now using Somnimum Space’s virtual environments to give holders with a unique 3D experience with their avatars. Anyone, even in VR mode, may use Somnium’s WebXR platform to access any section of the metaverse. Users may create whole sceneries on their land parcels and deploy full-body avatars, which makes this project unique. As a result, the integration of NFTs in a metaverse is now visible. CUBE is the token that powers the whole platform. Making frictionless asset transfers is a fantastic value boost for gamers. Unlike previous metaverse initiatives, Somnimum Space chose Polygon to eliminate entrance restrictions for people all over the globe.
Bloktopia (#4) (BLOK)
Bloktopia is a newer project than the others on our list, but it has already attracted some top-tier game investors (Animoca Brands). Several big crypto exchanges, like KuCoin and Coinmarketcap, launched virtual offices inside Bloktopia as part of the initiative. It’s also a metaverse project, meaning it’s driven by the Polygon network. The game employs the industry’s most powerful real-time 3D creative engine, allowing players to create and experience breathtaking visual effects in virtual reality. Spawning, Level One, and Auditorium are some of the main zones in the game’s 21 levels. Bloktopia, like other metaverses, has a marketplace where users may acquire BLOK real estate via the NFT method. With a staking scheme that pays up to 60% in yearly return, the BLOK tokens become more valuable.
High Street #5 (HIGH)
High Street is another metaverse that allows users to make money by playing games. This idea is unique since it is based on a hybrid virtual experience that is half digital and half physical. It’s the world’s first commerce-centric metaverse, and it’ll take shopping to new heights. NFTs are also present in the virtual worlds of High Street. To provide token holders with quick liquidity, the platform uses smart bonding curves. In some aspects, the usefulness of these tokens is superior than that of others. It becomes simpler to get up companies and utilize their goods as NFTs since it enables users to purchase ownership of real-life objects. Aside from that, players may simply spend time playing the game and earning in-game tokens by completing objectives.
Meta Hero #6 (HERO)
With 3D scanning and modeling, Meta Hero introduces a new form of technology to the metaverse. Users may smoothly change their real-world assets into metaverse NFTs with the aid of this technology. Meta Hero teamed up with Wolf Studio, a global pioneer in 3D scanning, to conduct comprehensive testing on some of the most popular video games, including CyberPunk 2077. The employment of meta scanners in the metaverse opens up a slew of possibilities, including 3D printing, scanning networks, and in-game character development. The 4K HD scanners are currently operational, but the team is looking to upgrade to 16k ultra-HD in the near future. HERO is a utility token that is mostly used to pay for scans and royalties on the NFT marketplace.
Epik Prime #7 (EPIK)
In comparison to other blockchain-based game initiatives, Epik offers a unique economic strategy. It facilitates the licensing and production of immersive blockchain-powered in-game experiences and NFTs for enterprises. Epik is widely recognized as a pioneer in enabling early-stage games and guiding them into the mainstream gaming market. It has over 300 clients and has worked with a number of AAA game firms. In 2018, Epik was another early adopter of NFTs. To debut its NFT line, it cooperated with a number of brands, corporations, and worldwide leaders. Epik is unusual in that it is both an NFT technological platform and the world’s premier digital agency, with millions of dollars in unique in-game drops under its belt.
Star Atlas #8 (ATLAS)
Star Atlas is a blockchain game with a dual token economy that is developing one of the best AAA games. Following the release of the teaser, the game has gained a sizable following on social media, with fans anxious to see the Solana-powered metaverse. Unreal Engine 5 is used to create the game’s cinematic atmosphere and real-time world. Star Atlas is distinguished not just by its token system, but also by its ability to generate cash flows via staking, fights for obtaining rare in-game objects, and exploration of other planets for building alliances. Although the game is still in its infancy, the roadmap and team behind it indicate that we are in for a masterpiece.
Netvrk is ranked #9 in the world (NTVRK)
Netvrk is solving several current industry difficulties by focusing on virtual reality and providing a diverse range of income options. This project’s target audience is made up of people of all ages and professions. The VR experiences built by Netvrk may benefit anybody from content providers to developers. Because brands and companies are seeking new methods to interact and promote, we predict such ideas taking off in the near future. And what better way to do it than with a low-cost virtual interface? Netvrk’s customization options are what make it so unique. Users may make games, develop in a virtual world, and sell them to other players or convert them into NFTs. This expands the metaverse’s capabilities, giving it a superior option to other top projects.
RedFox #10 (RFOX)
Red Fox Labs is a technological firm that is actively developing a virtual shopping environment. It aspires to be a stand-alone metaverse that combines gaming aspects in RFOX VALT and Callinova Auction to provide engaging retail experiences. In addition, Red Fox has two tokens that help with operations and other activities in the ecosystem. The RFOX tokens are used to purchase land and virtual assets, whilst the VFOX token is used to earn incentives. RFOX Finance and RFOX Games are two further products being developed by this firm to complement the ultimate metaverse.
Statement of Conclusion
The crypto industry is shifting its focus to gaming, which will increase the value of many of these metaverse tokens. However, it is critical to recognize that excellent games require time to create. A fully playable game will take two or three years to develop, so don’t get FOMO into any of these projects unless you’re willing to commit long-term. Before you spend any money, learn about the game’s inner workings. I recommend that you play a few of these games to get some hands-on experience. As a result, you’ll be able to see which one has the most promise.
Karthikeya Gutta, a crypto writer and freelance contributor for ItsBlockchain, was born and raised in India. With in-depth analysis and research, he covers many facets of the sector. His enthusiasm for blockchain and the crypto ecosystem stems from his belief that it has the potential to transform the world and benefit millions of people.
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The “best metaverse crypto projects” is a list of top 10 coins that are predicted to be worth investing in by 2021.
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