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Wednesday, December 7, 2022

Top 10 Most-Traded Metaverse Cryptocurrencies Of 2022

The Metaverse – which is a bridge between the real and virtual worlds – is expected to grow rapidly in the coming years. It is a collision between the digital and physical worlds when virtual reality and augmented reality bridge the gap and allow the physical and virtual worlds to interact closely. Metaverse cryptocurrencies have been on the rise, generating massive returns to investors this year. A key component of the Metaverse ecosystem is the blockchain and NFTs. Anyone can purchase Metaverse tokens. Anyone can purchase metaverse cryptocurrencies.Below is a list of the top 10 most traded cryptocurrencies within the Metaverse in 2022.

Decentraland

Decentraland defines itself as a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience, and monetize contempt and applications. In this virtual world, users purchase plots of land that they can later navigate, build upon, and monetize. Till now, it is one of the top most-traded Metaverse cryptocurrencies of 2022.

The Sandbox

In March 2022, Sandbox will be a solid investment because it will apply blockchain technology to a massive global market such as the gaming industry, which is entirely decentralized. The Sandbox is a virtual world where players can build, own and monetize their gaming experiences in the Ethereum blockchain using the SAND token. Players can create digital assets in the form of Non-Fungible Tokens (NFTs), upload them to the marketplace and integrate them into games with Game Maker.

AXIE INFINITY

Infinity Xie is one of the largest Metaverse cryptocurrencies that have already attracted over three million active users. Play-to-earn games like Axie Infinity have gained a reputation as a source of real-world income for their players. As of March 2022, Axie Infinity (AXS) is available to trade on numerous exchange platforms, including top exchanges like Binance, Huobi Global, Coinbase, FTX, Bithumb, KuCoin, Gate.io, and Kraken.

Enjin Coin

The Enjin Coin has applications in the real world and is targeted specifically at the gaming industry. Besides focusing on revolutionizing the gaming space by driving up a player-driven economy, the NFT token also enables the tokenization and subsequent transfer of in-game assets across several platforms. This Ethereum-based network is currently planning on expanding into the heterogeneous network called Polkadot to avoid the high gas fees accompanied by the ETH network.

The Meta Hero

HERO provides a 3D scanning network and sculpting services, and the production of in-game characters. Its 3D scanning technology reconstructs real-world objects, including humans, into ultra-high-definition avatars. They have already decided to upgrade to 16k ultra-HD scanners. It also can be purchased or sold in cryptocurrency.

Star Atlas

Star Atlas is a massively multiplayer online game that takes place in a virtual gaming metaverse. It is being built on Unreal Engine 5, allowing the game to feature cinema-quality, real-time environments. Star Atlas takes place in a futuristic science fiction setting in 2620, where three major factions have emerged and are competing for resources and control: humankind, a consortium of alien races, and sentient androids.

Dvision Network

Dvision Network is a blockchain-based VR content ecosystem that also powers the NFT marketplace within virtual reality. Dvision Network presents a new virtual reality world, where humanity can lead an affluent life, at the very center of the ICT-based fourth industrial revolution. It is one of the best metaverse cryptocurrencies below US$1 to watch in 2022.

Radio Caca

Radio Caca is the native token for the Universal Metaverse. Radio Caca is also the exclusive manager of “Maye Musk Mystery Box” NFT. The Universal Metaverse (USM) is a 3D Planet virtual world where users can own lands, build buildings such as stores and art galleries, and create and play games.

PlayDapp

PlayDapp token (PLA) is a digital asset used within the PlayDapp Blockchain gaming ecosystem to purchase and trade NFT items within games and with the global C2C marketplace ‘playdapp.com’. One of the best cryptocurrencies to watch below US$1 in 2022 is Metaverse.

Ceek VR

Music artists and creators can now directly reach and monetize their fanbase with CEEK, unlocking new revenue streams. CEEK tokens enable real-time artist payments verified on the blockchain, ensuring fast, efficient and seamless monetization for music artists and content creators.

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