If you’re an investor who sees practicality as a measure, this might be a good option. What’s more, HIGH is now available on Coinbase, PancakeSwap and Uniswap (V2).įrom a real-world - or in this case, meta-world - point of view, this project already accomplishes what the metaverse technology promises. It features gaming and has NFTs on its radar as well, so it seems to be up to date with tech and crypto trends. Some Shopify stores are already integrated into the platform. For one, you can shop for things inside this virtual universe using the currency HIGH. Highstreet is an interesting metaverse project with virtual reality support that has potential, at least in terms of metaverse applications. 24, making it the third-largest metaverse token by market cap. Although MANA’s performance hasn’t been something to write home about, its market cap impressively stands at $1.12 billion as of Oct. This goes to show that even big companies are eyeing metaverse projects.Ĭreated in 2017, Decentraland is one of the older projects that has taken time to get recognition. Sotheby’s, the broker of luxury goods and art, bought a plot of land in Decentraland and used it to create a replica of its London offices. As its main feature, you can also buy virtual land and create virtual games and other digital assets But NFTs aren’t the only thing on this metaverse platform. Many NFT owners started using the platform to show off their NFTs. This was partly because of the NFT craze, which also led to significant gains for the platform’s native token, MANA. Decentraland (MANA)ĭecentraland is one crypto metaverse project that has frequently been in the news. It recently launched Alpha Season 3, which is expected to attract half a million users, Fortune reported. Like countless other cryptocurrency projects, this one is based on Ethereum. Players can create NFTs using the SAND metaverse tokens. The Sandbox is heavily based on the creation and trade of NFTs. In addition, Lionsgate recently partnered with The Sandbox to create a “Hellboy”-themed metaverse destination, Deadline reported, and Tony Hawk announced he will build a skateboard park there. The Sandbox is essentially a game, and it has the backing of gaming brands like Atari, which could help it navigate the current bear market. With a virtual reality aspect, this project is realizing the vision of the metaverse. Like most, if not all, cryptocurrencies, however, the price has taken a nosedive since then and sits at $0.74, up about 6% from its one-year low, as of Oct. The native token of the platform, SAND, was consistently on the rise during 2021 and finally crossed the $1 mark in the last quarter of 2021, continuing its upward trajectory to $8.40 last November. The crypto metaverse project The Sandbox has shown impressive performance. The price of 1 ApeCoin currently costs $3.97. However, Yuga Labs’ demo of the Otherside metaverse, to which it invited 4,300 Otherdeed holders, caused a price surge that could prove to be a turning point for the coin. APE’s price fell from a high of $26 at the time the sale was announced to $3.49 in June. Issues with the minting process associated with the Otherdeeds resulted in a major apecoin price drop and greatly decreased demand for the coin, Cointelegraph reported. The sale created so much traffic on the Ethereum network that it drove up "gas fees" - the fee each user pays to conduct a transaction over Ethereum. Holders purchased 55,000 lots, or “Otherdeeds,” and 45,000 went to other individuals, such as Yuga Labs NFT owners and project developers. Yuga Labs recently raised about $320 million in a virtual land sale that allowed APE token holders to purchase parcels in Otherside, Fortune reported. As a governance and utility token, it allows holders to participate in governing the Ape ecosystem and gives them access to games and other products and services available only to apecoin holders.Īpecoin is the native token for Otherside, a metaverse game from Yuga Labs, which created the wildly popular Bored Ape Yacht Club non-fungible tokens. ApeCoin (APE)ĪPE is what’s known as an ERC-20 token, which means it exists on the Ethereum blockchain. At the same time, it doesn’t mean all projects are worth your money. This opens the investment opportunity for nearly anyone. 10 Best Metaverse Crypto Coins to Buy in 2023 cfx coin, meta coin, meta coin price, meta token, meta hero coin, shiba inu cryptocurrency Best Metaverse Coins To Buy Right Now 2023 Investment The good news is that because metaverse projects are fairly new, coin prices are quite low - well under $1 in many cases, and less than 1 cent in some.
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