The metaverse, which has become popular lately, has also spread to the cryptocurrency space. More precisely, the already existing metaverse coin projects have started to take off. These cryptos are generally used to buy land and goods in various virtual universes. So, which metaverse tokens should be on your watchlist? According to Emma Newberry, whose article was published on Nasdaq, you should follow the 5 coins that we will talk about below.
Which metaverse coin projects to follow?
According to the expert, the first metaverse project to follow is Axie Infinity (AXS). Cryptocoin. com, AXS was one of the best performing cryptocurrencies of 2021, rising over 20,000 percent a year. Players craft, upgrade and compete with unique) Axies that they can sell. Second, according to Newberry, Decentraland (MANA) is a project to consider. Decentraland is a 3D virtual reality platform. Players can own and develop plots of land that can be paid using MANA tokens. There are tools within the game that people can use to create works of art.
In third place is The Sandbox (SAND). Sandbox is very similar to Decentraland in that players can buy the lands they share, where they build their game and experience. The biggest difference is that it has not yet fully made its virtual world available to the public. This project has announced a number of partnerships in recent months, including deals with OpenSea, Snoop Dogg, and The Walking Dead.
Fourth, the expert points to Enjin Coin (ENJ). Enjin is a platform that allows people to create and manage their NFTs. It integrates with several gaming platforms and allows players to redeem an item in multiple games or sell it in the marketplace. In the last place is the Render Token (RNDR). Another aspect of Metaverse are companies that enable the creation of 3D and augmented reality visuals. This is where rendering comes into play. Its decentralized infrastructure uses computing power not normally used to process digital content.