Before we start talking about the Top 10 Metaverse Coins to Watch in 2022 let’s digress a bit. Mark Zuckerberg, the founder of Facebook, once said: “The biggest risk is not taking any risk… In a world that’s changing quickly, the only strategy that is guaranteed to fail is not taking risks.” This quote rings especially true in the cryptocurrency world. The blockchain technology that underlies Bitcoin and other digital currencies are constantly evolving, and new coins are hitting the market all the time. If you’re not investing in cryptocurrencies, you’re missing out on huge potential profits. In this blog post, we’ll take a look at Metaverse – one of the most promising blockchain projects out there – and explain why it’s worth investing in.
In our previous blog post (https://cryptonewsmart.com/metaverse-define-how-to-invest-in/) we explained what Metaverse generally is and now we’d like to dive deeper focusing on 10 of the best Metaverse coins to watch in 2022!
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WHAT IS METAVERSE?
Metaverse is a decentralized platform that enables anyone to create, manage, and trade digital assets. The project was founded in 2016 by Eric Gu, a well-known figure in the Chinese cryptocurrency community. Metaverse is often compared to Ethereum because it allows users to create their tokens and launch decentralized applications (dApps). However, there are several key differences between the two platforms. For one, Metaverse is much faster than Ethereum. Transactions on the Metaverse network are confirmed in just seconds, whereas Ethereum transactions can take minutes or even hours to confirm. Metaverse also has a unique consensus mechanism called “Proof of Authority” (PoA). Under PoA, a select group of “Oracles” validates transactions on the network. Oracles are chosen based on their real-world identity, which adds a layer of trust and security to the Metaverse network. The Metaverse team is constantly working on new features and improvements. Some of the most exciting developments in the works include a cross-chain protocol that will allow Metaverse to interact with other blockchains and a “digital passport” system that will give users the ability to verify their identity online.
The potential for growth in the Metaverse ecosystem is huge. With a strong team, an active community, and a well-designed platform, Metaverse is poised to become one of the leading blockchain projects in the years to come.
INVESTING IN METAVERSE
If you’re looking to invest in cryptocurrencies, Metaverse is one to watch. Here are a few tips to help you get started:
Find a reputable exchange: If you’re looking to buy Metaverse coins, you’ll need to find a reputable cryptocurrency exchange. Some of the most popular exchanges include Binance, Huobi, and OKEx.
Do your research: Before you invest in any cryptocurrency, it’s important to do your research. Make sure you understand how the coin works and what the team is working on.
Create a diversified portfolio: Don’t put all your eggs in one basket. When investing in cryptocurrencies, it’s important to create a diversified portfolio. This will help you minimize risk and maximize returns.
Let´s summarise “how to invest” there are two specific ways to invest:
- buying stocks in those companies hoping that this experiment is going to work
- Invest in the digital assets when the Metaverse is open like land, virtual hotels, and stores, to increase their value among cryptocurrency enthusiasts. So here are some ways that can help you to invest in the Metaverse:
- You can go to Fiverr and ask Developers to create your Metaverse
- Navigate the Metaverse secure with VPN (CyberGhost) (Nord VPN)
- Invest in Metaverse land by buying a piece of with Binance-Decentraland
- Store all that you did above in a secure key.
TOP 10 METAVERSE COINS TO WATCH IN 2022
Metaverse is an exciting blockchain project with a lot of potentials. If you’re looking to invest in cryptocurrencies, Metaverse is one to watch. Here are 10 of the best Metaverse coins to keep an eye on in 2022 suggested by Nasdaq too:
- ApeCoin (APE) is an ERC-20 token, which means it’s a blockchain based on Ethereum. It’s mostly used to access games and other products/ services designed only for ApeCoin holders.
- Sandbox (SAND) It’s primarily used to monetize in games. It has a blockchain based on Ethereum and it’s massively used to create NFTs.
- Decentraland (MANA) Maybe the most popular on the list, MANA is used to buy lands in Decentraland games, digital assets, and NFTs. Compared to last year, this coin is up 30%. Something you should keep an eye on!
- Highstreet (HIGH) is an interesting project in the Metaverse, HIGH is used nowadays in some Shopify stores as well as in NFTs. The future looks bright as it’s moving into the game world too.
- Floki Inu (FLOKI) Named after Elon Musk’s dog, this “dog-based” coin will be launched in games soon. Also, it is programmed to open a new NFT marketplace.
- Metahero (HERO) is ready to take you into the Avatar world! Yes, this project aims to recreate real-world objects, people, and so on using the 3D printing technique. You will find the scanning chamber in Doha and the digital assets in the Metahero universe.
- Terra Virtua Kolect (TVK) With the Cardano blockchain this coin is all in the NFT world. CoinMarketCap assures this token is compatible with PCs and V/R environments. TVK includes Polygon, the first carbon-positive blockchain.
- Star Atlas (ATLAS) Set in 2620, this futuristic game is the core of the ATLAS coin. Stunning graphics are offered and the coin is based on Solana to offer low transactions fee to the gamers.
- Enjin (ENJ) Another game-based coin used to buy everything you need. Marketplace-style, you can buy everything from medicines to enhancements to your character to shine in the game! Based on Ethereum this coin is used in more than 100 games.
- Epik Prime (EPIK) is all about NFTs. It’s available on PancakeSwap, Hotcoin Global, KuCoin, and Huobi Global. According to CoinMarketCap, EPIK has licenses of NFTs with companies like Warner Music and Universal, is it ready to bounce back?
These are just a few of the many Metaverse-based coins that have the potential to explode in value in 2022. If you’re looking to get involved in the Metaverse ecosystem, these are the coins you should keep an eye on.
CONCLUSION
In our opinion, Metaverse is a strong project with a lot of potentials. It has a great team, supportive community, and innovative platform. We believe that Metaverse is well-positioned to become a leading player in the blockchain space. So, if you’re looking to invest in blockchain technology, be sure to add Metaverse coins to your portfolio!
Thanks for reading! What are your thoughts on Metaverse? Are you bullish or bearish on its future price? Let us know in the comments below!
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Disclaimer. CryptoNewSmart does not endorse any content or product on this page. While we aim at providing you with all the important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered investment advice
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