Metaverse is growing in our world today to become the next big thing in technology. Blockchain technology has played a huge role in cryptocurrency, NFTs, and web3, and is not left out in the metaverse.
Many companies are already tapping into this world [metaverse] and that can be seen in Facebook changing to Meta. The world’s football governing body, FIFA, has also introduced metaverse-linked trademark applications for the world cup in Qatar. Catalonia, Spain was also reported to be building its metaverse in 2022. These are just a few of the early adopters of the metaverse today.
Metaverse, which combines the real world and the virtual world has its crypto coins. In this post, we’ll see the top metaverse altcoins with potential in the industry. But before then, let’s understand more about the metaverse.
What is Metaverse?
The metaverse is a space that combines the real and virtual worlds where users can interact with a computer-generated environment and other users in the space.
Metaverse allows people/users to play, meet other people, work, buy, and sell using NFTs and other cryptocurrencies [altcoins]. It is a world [virtual] where people can do whatever is possible in the physical world that we live in.
To explore this world, you’ll need digital currencies which could be non-fungible tokens or other crypto assets.
Top Metaverse Altcoins with Potential in 2022
As stated earlier, the metaverse is the next big mainstream technology that is in its infancy stage. It has become popular in 2022 with several projects coming through.
The top metaverse altcoins that have surfaced in 2022 have the potential to become a household name in the industry in the future. The best of these metaverse cryptocurrencies are listed below.
1. Tamadoge (TAMA)
2. Battle Infinity (IBAT)
3. Decentraland (MANA)
4. The Sandbox (SAND)
5. Axie Infinity (AXS)
A Closer Look at the Top Metaverse Altcoins with Potential in 2022
There are several 3D virtual world browser-based platforms where tokens can be used to explore this world. Many of the top tokens have huge potential going on in their use cases and the number of investors. They are discussed below.
1. Tamadoge (TAMA)
Tamadoge is one of the newest meme coins in the cryptocurrency market. Apart from being a meme coin, TAMA is revolutionary because it’s also an immersive virtual reality and NFT that has attracted several investors.
Call it three-in-one altcoins, you’re not wrong. Tamadoge trades by the symbol TAMA and as of today has 14x price returns. Its users have play-to-earn (P2E) opportunities on its virtual ecosystem – Tamaverse. Tamadoge is the native cryptocurrency of this metaverse.
Holders of TAMA can create, breed, and trade unique Tamadoge pets minted as NFTs. Users can purchase Tamadoge pets at the Tama store and use them to compete with other unique items to earn rewards. The TAMA token is used to settle transactions, buy Tamadoge pets, and trade assets on the Tamaverse.
2. Battle Infinity (IBAT)
Battle Infinity is another metaverse project with huge potential. The project combines two exciting features today, i.e. play-to-earn gaming as well as the metaverse. It, therefore, stands out as a gaming metaverse crypto project.
The native token of Battle Infinity is known as $IBAT. Battle Infinity is different from other play-to-earn gaming. It has a significant ‘Battle Arena’, where players can explore and interact with others. Players can also purchase plots of virtual land, which are structured as NFTs and can be monetized through advertising.
The IBAT token has attracted several investors since its launch. The IBAT presale sold out in just 24 days and got listed on platforms thereafter. It is expected to have more listings and a price surge.
3. Decentraland (MANA)
Decentraland is one of the world’s leading and most popular 3D virtual world browser-based platforms today. It is one of the several projects built on the Ethereum blockchain. It offers users from all over the world a virtual gaming experience.
The native utility token of the Decentraland platform is known as ‘MANA‘. The token is used by users for all manner of transactions on the platform. On the platform, you call buy virtual land and real estate which runs to millions of dollars. Users can also buy and sell in-game items.
MANA is listed on several exchanges and is one of the best web3 tokens to buy. Decentraland was priced at just $0.025 when it debuted in 2018. As of writing, the price of MANA is $0.6413 and it is expected to surge.
4. Sandbox (SAND)
Sandbox is another metaverse crypto coin with huge potential. Like MANA, it is on the list of the top web3 tokens today. It also has virtual land and real estate like the aforementioned platform.
The native token of the Sandbox platform which was launched in 2012 is called ‘SAND‘. Also built on top of the Ethereum blockchain, the Sandbox allows users to build, earn, and trade in-game items.
SAND is listed on exchanges and in November 2021, it reaches its all-time high breaching a remarkable $8.44. The current price of SAND is $0.7841 and is expected to surge in the next bull run.
5. Axie Infinity (AXS)
Axie Infinity is undoubtedly the best metaverse altcoin for play-to-game earning. On this platform, users get rewarded for completing certain tasks e.g. when a specific level is reached.
The main objective for players is to collect, raise, and breed digital animals. This is then minted and represented in the form of a unique NFT to be sold on a digital marketplace.
Axie Infinity is another project on a growing list of projects on the Ethereum platform. The native utility token of the platform is known as ‘AXS’. It debuted with the price of $0.15 per token while it reaches its all time-highs of over $165 in November 2021.
Conclusion
Metaverse is one of the next big things in digital technology. It has the elements of cryptocurrency, web3, and NFTs which has attracted investors to metaverse altcoins.
