Table of Contents
Introduction
Right now, the market is all about Metaverse. If you don’t know anything about this segment of the market, you should definitely do some research to see what it’s like, but I genuinely think that’s where we’re headed in terms of social media and marketing. Facebook has recently announced they are getting into the trustable business with their parent company beingMeta! We must listen to these top companies as they speak on behalf of us – that means our future!
What is the Metaverse and Why it is Getting Popular?
Metaverse is a virtual reality platform that was developed in 1995 by Neal Stephenson. This platform allows users and developers to create software, games and other applications for people who are accessing it from anywhere with an Internet connection.
The Metaverse is a term that has been provided to what we expect the internet to become. It refers to a collision between the digital and physical worlds when virtual reality and augmented reality bridge the gap so that our two realities can interact closely.
Metaverse gaming projects on blockchain networks are powered by non fungible tokens – divisible and mutually exchangeable. These tokens can be used to purchase digital assets like land, outfits for avatars, or traded for other cryptocurrencies or fiat currencies. This is a popular platform right now, with more people joining the community every day.
Top 7 Best Metaverse Gaming Crypto Projects To Invest in 2022
1. Axie Infinity (AXS)
One of the most popular games and highest-revenue generating games built on a blockchain is Axie Infinity. This is one of the top Metaverse projects. A NFT pet game like Pokemon, it has attracted people from all walks of life to the cryptocurrency market who wouldn’t have otherwise looked at crypto before now.
The AXS token is the governance token of a game Axie Infinity. The “play-to-earn” lifestyle that allows users to collect AXS tokens, the Axie token. This has helped it be a massive success and people have allegedly quit jobs in pursuit of this method of earning money. By converting these tokens into ETH coins, you can use them in whatever way you see fit but most likely will be used to buy virtual goods from either the company or other players.
Current Price of Axie Infinity (AXS) Token
Axie Infinity (AXS)
2. The Decentraland (MANA)
Decentraland is a fully decentralized virtual world where users own their digital items, meaning that there is no way of developers taking back or cutting off access to any digital property within the world. It’s governed by holders of the MANA token who can also use it as currency in order to purchase goods and services. The virtual platform pushes innovative ideas around digital ownership and features online destinations like museums where individuals can display non-fungible tokens (NFTs).
The digital asset token MANA is built on an Ethereum platform, in accordance with the ERC20 standard for tokens. It can be bought and sold for fiat currency or other types of digital currencies like Bitcoin.
Current Price of Decentraland (MANA) Token
Decentraland (MANA)
3. The Sandbox (SAND)
The Sandbox is a game where players can build their own virtual world using non-fungible tokens (NFTs), which are cryptocurrencies on the Ethereum blockchain. These NFTs let users create avatars, games, and other products that they can trade on an open marketplace. The game uses VoxEdit and Game Maker to allow for ease of use in coding blockchains into games to create unique in-game items with attributes that could be traded as value between players.
The native token of The Sandbox is SAND. It has a total supply of 3 billion tokens as well as being an ERC-20 token. As a utility token, SAND is used for any type of transaction and interaction within the Sandbox ecosystem.
Current Price of Sandbox (SAND) Token
The Sandbox (SAND)
4. Enjin (ENJ)
Enjin is a software that gives developers the ability to create virtual goods. It does so on the Ethereum blockchain, which is different from other blockchains out there. Enjin is pioneering the use of blockchain technology to manage in-game items across many different properties. It helps reduce high fees and fraud that have plagued the transfer of these virtual goods. It can also create each character’s name, shape, and appearance.
ENJ is an Ethereum-based token that can be earned and spent in various games. It also adds value to game assets like weapons, armor, costumes – the list goes on. Enjin Coins are spendable as well but they can’t buy anything outside of a game just yet!
Current Price of Enjin (ENJ) Token
Enjin Coin (ENJ)
5. Ufo Gaming (UFO)
The UFO Gaming platform is a decentralized gaming platform that blurs the lines between traditional game-playing and the blockchain gaming industry. The Dark Metaverse, a part of this ecosystem, is home to Super Galactic Play to Earn (P2E) NFT. Super Galactic is an interactive social game that features land ownership, NFT collectibles and more. It also offers a crypto gaming launchpad service with initial DEX offerings and game launch events.
The ERC-20 UFO token is the native utility token of the UFO Gaming ecosystem, and it’s key to unlocking all functions of that platform.
Current Price of Ufo Gaming (UFO) Token
UFO Gaming (UFO)
6. Star Atlas (ATLAS)
Star Atlas is a game built on the Solana blockchain featuring space-themed, block chain technology. In the Star Atlas metaverse, players can trade non-fungible tokens with other players. These decentralized assets are controlled by no one and they reflect real-world values like ownership or tangibility. They also allow users to create value in a digital world that is not limited by geographical limitations!
The platform’s native token is called ATLAS. It also serves as the dominant currency on the NFT marketplace. NFT marketplace is an online market where items such as artwork and collectibles are bought and sold in-game.
Current Price of Star Atlas (ATLAS) Token
Star Atlas (ATLAS)
7. Gala Games (GALA)
Gala Games is a blockchain gaming platform founded by Eric Schiermeyer on July 21, 2019. It combines Non-Fungible Tokens to create a blockchain game ecosystem in which players can trade and own game assets at any time. The company’s purpose is to take the gaming industry on an entirely new level by reclaiming control of the games for the playerbase themselves instead of big corporations like EA or Activision Blizzard.
Gala is an Ethereum-based token that powers Gala Games. It can be used as a medium of exchange between players, and it helps with payment for in-game items.
Current Price of Gala Games (GALA) Token
GALA (GALA)
Closing Thoughts
The crypto industry has become increasingly focused on gaming. The market is experiencing a sectoral rotation into games, and it will drive up the value of many of these metaverse tokens. But remember that good games take time to develop – they won’t be fully functional in 2 or 3 years, so don’t invest too much if you are not willing to commit long-term! Understand the inner workings and intentions behind each project before making any investment decisions.
