Metaverse is everywhere in the news these days, largely being hailed as the future of technology, social media, and gaming. Big tech companies like Facebook are betting on this technology, and that has only made it more popular, especially metaverse crypto.
But what is metaverse? Simply, it’s a virtual universe where people can do pretty much everything they do in real life, like shop for stuff, go to restaurants, buy land, play games, and make trades.
Of course, all of this would require money, and cryptocurrencies will be the official currencies of the metaverse.
We’re already seeing such projects taking ground, and 2022 might just be the best time to invest in some.
Here are the 10 metaverse cryptocurrencies that have the potential to go big.
One of the most popular metaverse crypto projects is The Sandbox, with its official tokens SAND. It’s seen a good trajectory throughout 2021, and many are getting behind it.
In terms of the metaverse, Sandbox is the closest to what you would call a metaverse. It’s a virtual gaming world where you can participate, create NFTs (non-fungible tokens), sell them, and make money. The Ethereum blockchain is at its backbone.
Sandbox is already seeing interest with even celebrities onboard. The project also has some financial backing from Softbank, which further adds credibility.
Talk about a level playing field, Axie Infinity is a project that allows you to earn its native tokens AXS simply by playing the game.
The project is all about letting users take control of the game and let them kind of design it. The platform is all about Axies, which are basically NFTs. Axies are an entity in their own right, and when they combine, new and rarer NFTs form.
Of course, to trade the Axies, you’ll use the metaverse crypto AXS. There’s also talk about adding land elements to the game where users can buy virtual pieces of land in the game. AXS has the biggest crypto metaverse market cap.
If you want to invest in metaverse crypto, but also want to truly enjoy the experience, GameSwap might just be what you’re looking for.
It’s essentially a game where you can trade NFTs with GSWAP tokens. The token value has been gradually increasing, which is hinting at growing interest from the crypto community. It’s based on the pioneering ideas of blockchain, i.e., decentralization and anonymity.
The game and crypto are based on Shroom Protocol which is based on the Ethereum blockchain, so it’s a pretty reliable blockchain. Of course, there’s also an NFT marketplace within this metaverse project.
Have you played Second Life and enjoyed it? Well, then you’ll love Decentraland.
It’s not a new project as it has been around since 2015, but it has recently picked up steam because of the metaverse and NFT craze. The native token on the platform is MANA which has recently made quite some strides in the market.
What makes it even more legit is that Sotheby’s, the luxury art dealer, also bought a lot in the Decentraland universe.
Floki Inu may just follow suit to the popular Dogecoin and Shiba Inu. While we have yet to say its practical applications, this metaverse crypto is one of the newest on the market. In case you didn’t know, its name is based on Elon Musk’s pet Floki, which is a Shiba Inu (a dog breed).
The token is represented as FLOKI and is available on PancakeSwap and Uniswap. The metaverse element would be the play-to-earn game NFT and even a learning institute called Floki University, where people can learn about blockchain.
Epik Prime is another project to look out for in 2022, which is garnering interest even without a real product in the market. The native tokens EPIK are already in circulation.
The idea of this metaverse project is based mainly around NFTs, allowing people to create, sell, and trade NFTs on their very own marketplace. Perhaps it’s like the eBay or Etsy of NFTs, except the transactions happen on a secure blockchain.
Users are also using the EPIK tokens for farming. However, the biggest news so far is that Epik Prime is partnering with AAA games to create a virtual game.
Star Atlas is a truly futuristic metaverse project as it revolves around a game set in 2620. In the game, you can conquer territories, form dominions, and collect resources. The game’s main currency is the ATLAS token.
You can earn these tokens by completing conquests and then using them for a variety of purposes. It’s really like any other reward-based game you’ve played on your phone or PC, except the crypto in this game could get big.
The biggest pro is that it’s based on Solana, which is much cheaper in terms of fees than Ethereum.
Highstreet is a metaverse with gaming, shopping, and other virtual reality elements, driven by its native crypto HIGH. It truly is a metaverse gaming environment where you can get an immersive experience while also doing some investing.
There are even Shopify stores within the environment. As for the game, it’s quite similar to World of Warcraft, so gamers are all for it.
One of the most recent metaverse crypto projects showing great potential is Metahero. The idea of the project is simply amazing: real-world objects created into HD avatars through 3D scanning and residing in a virtual realm.
It’s clearly a project that’s getting the core concept of metaverse right. There’s already a scanning chamber in Doha, Qatar, that the project has activated.
To use this metaverse, you’ll need the native crypto HERO, which is based on Binance Smart Chain.
Terra Virtual Kolect
Terra Virtua Kolect is an NFT marketplace to create and sell NFTs but also interact with other users while doing it. It’s the only platform that’s also providing tools to create NFTs (Terra Forma).
The crypto of the platform is TVK, which is used for all transactions, including hiring people to make NFTs for you. It’s one of the most established ones with an active presence in the crypto world since 2017.
Metaverse may just be the next big opportunity like Bitcoin was a decade ago. Many are already eyeing to invest in a promising project. All these projects show potential and already have some market value and token circulation.