Facebook CEO Mark Zuckerberg announced his intention to create a “metaverse”—a virtual reality world open to everyone. This announcement has prompted widespread interest in his vision, which promises to bring together people worldwide. This new development allows users to gather with others, work, play, shop, create or learn about new locations and other things. A digital world where you can be anyone you want and do anything you can imagine.
NFTs are an integral part of the metaverse and form a virtual economy. Users engage in play-to-earn models, exchanging their digital assets for tokens. Since Zuckerberg’s announcement, NFTs and tokens have shot up in value, so now is an excellent time to start investing in exchange-traded funds (ETFs).
Best Cryptos In Metaverse
To participate in a metaverse, you’ll need cryptocurrency. Just like several different metaverses out there, there are also other cryptocurrencies.
- Decentraland
Decentraland is a platform that lets you create, explore and interact with other people’s land. It uses a cryptocurrency called MANA, which is like real money that you can use to buy and sell virtual land or convert to USDT. You can access this world through your computer, phone, or VR headset and pay for goods and services in MANA, Decentraland’s traditional cryptocurrency.
While MANA and Decentraland have their positives, they have some drawbacks. The content has limits, and the path is quite draining. The journey can be detaching because of the escalating costs of gas.
- Sandbox
You can buy, sell, and trade virtual land and assets through a SAND cryptocurrency. You can create anything you’d like and transform your world however you see fit. This will allow you to earn money for your creations. It is a virtual world that runs on Ethereum ETH, enabling you to enjoy top-quality assurance and certainty.
- Star Atlas
ATLAS is the key to exciting new vistas and possibilities in the Star Atlas universe. It runs on the Solana blockchain and is a fast, safe and secure way to buy digital assets you’ll need to immerse yourself into the world. Users can utilize ATLAS to purchase digital assets they need to engage themselves in the game world, including land and accessories. If you want to play an active role in governing your community, you’ll also need POLIS—the currency used to manage specific aspects of your gameplay adventure.
- Axie Infinity
With about 250,000 daily players, Axie Infinity gained popularity in mobile gaming. The player collects a token called AXS, which they earn by playing. Users can create their nation and search for rewards and gems during the game.
There are monsters called Axis, which users can earn by competing in the game. They can then sell their Axies for money and trade in cryptocurrency markets. The most expensive Axie was sold for 300 ETH (about $280,000)
- Alien Worlds
Alien Worlds is a Metaverse game in which players compete for limited supply in a virtual universe. Players who wish to participate must have a WAX Cloud Wallet. Once they log in to Alien Worlds, they can begin mining. They can use these tokens to become candidates for ruling one or more planets within Alien Worlds.
- Enjin
Enjin lets its users create, stake, and trade digital items. To start, you lock ENJ tokens—the metaverse token—into a smart contract. Then other players can buy, sell, or use these items. When the item changes hands, the seller gets paid ENJ.
Enjin is a cryptocurrency that offers users a distinctive way to broaden their network using non-fungible tokens and QR codes. This platform can connect to other players through gaming and web search.
- Illuvium
In Illuvium, players explore a massive area and finish the journey as they encounter Illuvials, a game character. It has an intriguing backstory, and players must solve an inexplicable mystery.
Illuvium Zero, a mobile companion game, is like a “city builder with NFT land.” Landowners earn fuel by hosting events and can then use that fuel to advance through the game.
- Apecoin
APEcoin was released in 2022 by Yuga Labs, a company that specializes in blockchain technology. The Bored Ape Yacht Club (BAYC) community and Otherside, a metaverse game, are two of the first applications to be built on top of the ApeCoin blockchain.
- Render Network
RenderToken (RNDR) is a new cryptocurrency that allows artists, engineers, and studios to rent out their idle GPU power. It is built on the Ethereum blockchain, so partners can securely make digital transactions without a central authority.
RNDR was created by Jules Urbach, the CEO of OTOY Inc. RNDR is a project that aims to create a distributed network of render farms. It was launched in 2017 after a private sale of its tokens in which people could buy a certain number of tokens at $0.25.
- Bloktopia
Built on the Polygon blockchain, Bloktopia is a decentralized VR skyscraper that consists of 21 levels — a nod to Bitcoin’s total supply of 21 million coins. Bloktopians can engage in an immersive experience by interacting with elements on the platform.