Metaverse is a decentralized platform for building and managing digital assets. It aims to give users full control over their digital identities and information by pioneering an underlying technology that provides secure, trustless transactions on a public blockchain.
What is Metaverse
Metaverse is a blockchain-based platform that aims to build an open ecosystem in which digital assets, digital identities and smart contracts can be issued, transacted and exchanged in a decentralized manner. In order to achieve this goal, Metaverse has created its own cryptocurrency – ETP (ERC20).
These metaverse projects are leveraging blockchain technology to create decentralized and immersive virtual worlds. The trading pair prices, including ETHUSDT price of these projects’ native tokens can be an important factor in their growth and adoption.
Metaverse Blockchain
Metaverse is a blockchain-based digital asset management platform and a distributed ledger that has been designed to facilitate the digitization of assets and identities. The Metaverse blockchain is an open-source public blockchain that is based on the Ethereum protocol.
The team behind Metaverse aims to create a decentralized platform for digital assets, which will allow users to register and trade their own virtual properties in an efficient manner without any third parties involved.
Top 10 metaverse crypto projects
Decentraland (MANA)
Decentraland (MANA) is a virtual reality platform powered by the Ethereum blockchain. In Decentraland, users can create, experience and monetize content and applications. The project is led by Ari Meilich who previously worked as Director of Engineering at Consensys/Plasma Group.
Users can purchase land parcels in the world using MANA tokens which gives you ownership over that parcel. The parcels are divided into 16×16 meter squares which are then further subdivided into smaller units called voxels that resemble pixels on a computer screen. Each voxel has its own unique ID number so you know exactly where it sits within your larger parcel of land (or “region”).
As the metaverse expands, cloud mining Bitcoin can provide users with additional resources to invest in projects like Decentraland.
The Sandbox (SAND)
The Sandbox is a blockchain-based virtual world platform. It’s designed to be an environment where users can create, host and monetize their own custom-built virtual worlds.
The Sandbox uses Ethereum smart contracts to store data about virtual assets and transactions between users. You can think of it as similar to Second Life (the popular online game) but with some key differences:
- A decentralized network instead of centralized servers;
- Reduced cost because there’s no need for additional servers;
- No fees associated with transferring money between users;
MetaSpace (MLD)
MetaSpace is a blockchain-based platform for creating and sharing 3D content. It’s a decentralized ecosystem that allows users to create and share 3D content on the Metaverse blockchain. The platform allows you to buy and sell digital assets, as well as trade them with others in exchange for MLD tokens.
Users can use their computer’s processing power (CPU) or graphics card (GPU) to create new objects in virtual reality using the VR application built into MetaSpace. This makes it possible for anyone without any prior experience or knowledge of programming languages such as C++ or Java, who wants to develop games or applications using OpenVR technology,
AXIE INFINITY (AXS)
Axie Infinity is a game that revolves around collecting and battling with digital creatures called Axies. The game was created by the team behind Enjin Coin, which is another cryptocurrency project that has been gaining momentum in recent years.
The game is built on top of Ethereum’s blockchain and it uses its own ERC-721 token standard for its in-game items. Players can buy, sell and trade these digital collectibles just like they would any other type of cryptocurrency token or coin (such as Bitcoin). In addition to being able to use them within this particular ecosystem, there are also plans underway for developers from other platforms to be able to integrate these same types of assets into their games as well – meaning players will have more options when deciding where they want their collection housed!
GALA (GALA)
GALA (GALA) is a digital asset that is designed to be used in the Metaverse Blockchain. It’s a decentralized, open-source cryptocurrency for the Metaverse blockchain. GALA is also the only currency that can be used to purchase land in Decentraland virtual world.
Enjin Coin (ENJ)
Enjin Coin (ENJ) is a blockchain project that aims to bring cryptocurrencies into the gaming world. Enjin Coin is a cryptocurrency designed for online gaming, social networking and communities. The company’s mission is to empower game developers with a free suite of tools for managing virtual goods across multiple platforms and ecosystems. In addition to this, Enjin also offers a cryptocurrency wallet that supports Ethereum, Bitcoin, Litecoin and over 1000 other coins/tokens.
The most important aspect of ENJ’s ecosystem is their Smart Wallet which allows users to store their coins on their own personal device instead of leaving them at an exchange or somewhere else where they may be vulnerable to theft or hackers accessing them without your permission (like in case with centralized exchanges).
Metahero (HERO)
Metahero is a game project that is based on the Metaverse blockchain. It’s a mobile game that uses the Metaverse blockchain to create a decentralized gaming world, where users can play games and earn cryptocurrency rewards for their actions.
The game features an in-game economy where players can earn HERO tokens by completing quests or defeating enemies in battle. The currency can be used to buy items within the game, as well as other cryptocurrencies like Bitcoin or Ethereum through external exchanges like KuCoin, Poloniex or Bitfinex.
Star Atlas (ATLAS)
Star Atlas (ATLAS) is a decentralized platform that aims to connect the stars in the night sky. The project will be able to help you find out more about the stars, constellations and planets, and even help you find your ideal star sign.
If you’re interested in learning more about space or astronomy but don’t have time to look up your own constellation on Google or Wikipedia every time someone asks what it means when they see an ampersand symbol in their dreams, then this could be an interesting project for you!
Bloktopia
Bloktopia is a blockchain-based game that allows you to build your own city. You can buy land, build houses and invite friends to join. The goal of this game is to create a new urban landscape where people can live in peace by sharing resources with each other.
Bloktopia uses the Metaverse blockchain technology to manage its data and transactions between users, which means that all transactions are recorded on the blockchain so that no one can tamper with them or delete them later on (unless they have access to private keys).
High Street (HIGH)
High Street is a blockchain-based ecosystem, which will be used to create and manage decentralized applications. It will also have its own cryptocurrency (HIGH), used for payments and rewards within the platform. The High Street platform includes a marketplace where users can buy or sell goods using HIGH tokens.
The High Street website describes it as “the first ever crypto-to-crypto marketplace for everyday goods.”
Conclusion
There are many other projects that have launched on the Metaverse blockchain, and we hope this list has helped you get started with your research. We believe that these ten coins represent the best opportunities for investors in the coming year. They all have unique features or use cases that make them stand out from the crowd, so keep an eye out for them as they continue to grow!
