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This article exists to inform you of the top seven metaverse tokens in which you can invest during the fourth quarter of 2021.
As the world continues to embrace the emergence of new technologies, the metaverse has emerged as a global phenomenon with a sizable fan base.
Think of metaverse as the latest popular word in the crypto space if you’re a nerd in the metaverse world.
Despite the recent arrival of the metaverse, Mark Zuckerberg, CEO of the most powerful social media giant Facebook, changed the name of his company to Meta Platform Inc.
He made this decision specifically to welcome the metaverse.
As a result of the news, the value of many metaverse digital assets has skyrocketed, causing.
1. Decentraland (MANA)
Designed and launched in 2016 by a team of developers in Argentina. Decentraland (MANA) is a virtual gaming platform that operates under the Ethereum blockchain.
It allows users to create, experience, and monetize their content openly without any hassle. When playing the game, players are obliged to own a portion of LAND (16×16 NFT by Decentraland).
MANA is an ERC-20 token and a native currency within the Decentraland ecosystem that is responsible for all the to-and-fro of transactions.
playing the game, players are obliged to own a portion of LAND (16 ×16 NFT by Decentraland). With the token’s vast use case, gamers can buy avatars, wearables, and names directly using the MANA token.
Moreover, MANA tokens can be purchased directly from centralized exchanges (CEX), decentralized exchange (DEX), and swap services.
2. Axie Infinity (AXS)
The second metaverse token on our list is Axie Infinity (AXS). Axie Infinity has garnered mainstream popularity in the market these days because of its smooth and interactive Play-to-Earn (P2E) features. Many people think of it as an easy way of earning money while enjoying a whole new level of experience.
Notably, AXS is the governance token for the Axie Infinity game. It is an NFT-based digital game created on the Ethereum blockchain.
In terms of similarities, Axie Infinity somewhat looks similar to the Pokémon game that allows players to battle and trade cute NFT pets called Axies.
3. The SandBox (SAND)
In the world of metaverse tokens, the SandBox should be on your radar as it is also one key token that you can invest in this year. Its native currency is abbreviated as “SAND” designed on the Ethereum platform by the Pixowl development team in 2012.
Unlike other existing P2E games, SandBox enables players to become in-game characters, trade, and sell items on NFT LAND.
Moreover, anyone can create, share, and monetize assets on SandBox. Indeed, this is an amazing feature I love.
By engaging with the SandBox game, also be aware that the SAND token is available on Binance exchange, OKEx, CoinTiger, and FTX.
On the other hand, the token is also available on DEXs and CEXs platforms.
4. Enjin Coin (ENJ)
With huge strides in its performance, Enjin Coin (ENJ) has been well-felt as part of the top-ranking metaverse tokens. It is an ERC-20 token.
This only shows that the Enjin Coin (ENJ) was created on the Ethereum network. The token’s native coin ENJ makes it easy for everyone including brands, individuals, and businesses to use NFTs.
More importantly, any NFTs created and tied with the Enjin Coin utilize the ERC-1155 standard which is quite different from the ERC-721 standard.
5. Star Atlas (ATLAS)
Star Atlas is a virtual game where players create avatars, play, and earn incentives in the 3D virtual space. It is a Solana-based online game.
By playing the Star Atlas game, you can enjoy a wide range of gaming features built on the platform. The is mainly built on Unreal Engine 5 and hosts real-time.
6. Metaverse Index (MVI)
As the name itself suggests, Metaverse Index (MVI) forms an integral part of the metaverse games in the market. The token helps to push the trend of business, entertainment, and sport to the virtual world.
The Metaverse Index game has a threshold value of over 39,602 tokens as its total supply.
7. Aavegotchi (GHST)
You can also enjoy a futuristic investment with Aavegotchi (GHST) in the metaverse space. Pixelcraft Studios created Aavegotchi tokens in 2020.
It operates as a DeFi-enabled NFT game on the Ethereum network. The game allows its participants and players to create their ghost avatars as NFTs while having a smooth interaction with the Aavegotchi digital space.
SOURCE: COINQUORA