A metaverse is a world that’s made up of many different images. People can connect to this world with the help of their individual avatars and by using cryptocurrencies.
The tokens in the metaverse can be traded for other cryptocurrencies, goods or services. This makes them ideal for speculating on crypto markets.
This article will provide you with 6 tokens that are worth investing in to get great returns in December 2022.
The metaverse (or second reality) will soon transform online and digital spaces in a totally new way. Companies like Google, Microsoft, and of course, Meta are taking bold bets on this revolution so it is important to keep an eye on the progression of this exciting industry.
Today, I’m going to cover how best to invest in the metaverse. As a result, we’re looking at metaverse crypto tokens.
1. Metacade (MCADE) — The Metaverse Meeting Place
VR/AR is still a new market and GameFi has been doing its part to promote the industry. They are trying to be the “hub” where people can share, discuss, and promote games without having any geographical boundaries.
On the platform, you’ll find live chats, dedicated forums, reviews and tips that can help you get started with the world of VR. Also check out our leaderboards to find out how you measure up against your fellow players!
METACADE tokens are given as rewards to users for any knowledge they share on the platform. The process of uploading an image is also easy and can be done from the device camera roll or from your PC.
That could be posting a review, sharing some valuable information, or offering some other useful GameFi content.
This is why players with more experience can share their knowledge and so can newer ones by giving their opinion.
One of the aspects behind Metacade is to give gamers more power by awarding them the Metagrant. This nomination process rewards developers or studios who create a game that has been planned ahead of time by the community, and offers innovative financing plans.
Metagrant is a new program on our site that lets indie game makers submit their games to us and Metacade holders can then vote on which of them they think should be funded. The winning game will receive funding from the Treasury of the Metacade.
Metacade’s goal is to have some of the best metaverse and play-to-earn games on the market. By having these types of titles, it will make sure that there are good titles available for people to use.
Metacade’s goal is to turn the platform into a virtual arcade that is owned by gamers themselves. When it becomes decentralised, the core team will step down and hand ownership over to users who can help shape the future of Metacade.
This marks the turning point at which important decisions, like new features and partnerships, will be put to MCADE holders to vote on. This will give them a truly integral role in directing their own community.
It’s too soon to predict what Metacade might do to the metaverse and GameFi industries, but it does have the potential for unshackle a lot of players. What made Discord successful was that it’s oriented around communities and has created a platform where people can find others who share their interests.
Metacade is similar to a dedicated space for the metaverse, and could play an important part in play-to-earn gaming. It’s currently undervalued in presale and would be the first choice when it comes to metaverse tokens
2. ApeCoin (APE) — Powering One of the Most Hyped Metaverses
Another one of those features is Otherside, an exciting metaverse project created by YUGA Labs. They’re the company that made this BAYC.
Yuga Labs is a digital world builder that aims to allow users to make and use assets, even if they want to move them off the platform.
Currently in development, ‘Otherside’ is set on a distant planet and will be released in 2023. There, thousands of inhabitants known as Koda live — the inhabitants of ‘Otherdeed’.
Otherside is a new, immersive game that offers people the opportunity to turn their digital items into playable characters. There’s a lot of hype for the game so far and it has already seen some good success with 55,000 sold Otherdeeds during its first phase.
The Otherside sale generated over half a billion dollars in less than 24 hours, showing how excited gamers are about it.
Given the success of BAYC, Otherside is likely to be a hugely successful project. With investment from Animoca Brands, the company’s parent company and a Metaverse in-game currency powering transactions, APE is only going to grow in prominence.
3. The Sandbox (SAND) — Unlimited Possibilities in the Metaverse
The Sandbox is a game that offers a huge sandbox world where you can build what you want on your land. With an emphasis on creating games, it aims to be as similar as Roblox but with every aspect being owned by the player.
For example, in-game land is represented by LAND NFTs which can be bought and sold for SAND tokens. The VoxEdit tool enables users to create objects using the blockchain to store them on when they’re ready to use them or make a profit from developing their own pieces of valuable land.
On The Sandbox Marketplace, you’ll find ASSETs for sale in lots of different categories, like cars, art and characters.
These ASSETs can then be used in the Game Maker, which provides a complete toolkit for builders to explore their imagination and build monetisable games and experiences for other players
Some really respected and famous companies are partnering with The Sandbox, such as Gucci, Warner Music Group and Snoop Dogg, who each have their own experiences for people to play with.
It looks like The Sandbox is here to stay and will play a key role in the future of the metaverse, which makes it one of the best metaverse tokens.
4. Ethereum (ETH) — A Key Component of the Metaverse
The Ethereum Foundation is a non-profit that isn’t focused on building its own metaverse, but rather acts as a supporting group to projects with potential like High Fidelity and VRChat.
For example, over $30 billion crypto-based NFT tokens were minted using Ethereum. The total of Ethereum-minted NFTs is significant and places it above all other chains at around the same level.
Project Sandbox, one of the highest-grossing metaverse projects, also uses the Ethereum network. All transactions on this platform require paying a fee in ETH and more users will adopt metaverse technology which will push up demand for ETH.
More and more projects will be able to use the network without encountering any issues like congestion before the recent Ethereum upgrade.
This means that developers have another high-quality, scalable network to turn to when they are looking for a secure platform on which to build their own metaverse. Ethereum is among the best options of metaverse coins available on the market.
5. Highstreet (HIGH) — Transforming Commerce in the Metaverse
The most powerful use case the metaverse has is in digital commerce. It’s become the main way most consumers shop nowadays.
While online shopping gives customers quick access to a large range of products at the touch of a button, it also means that these products are not physically available for customers to examine.
Highstreet is the answer to this problem because it lets brands create digital storefronts for high street users to browse and buy products with the HIGH token
Highstreet has its own metaverse, which means that you can use NFTs from there to buy real-world items too. You can redeem NFTs by using Shopify’s integration and purchasing your desired item. Aside from being able to shop on Highstreet, it also allows you to do completely different things such as create an artwork or explore an environment.
Users can explore the Highstreet World with their virtual avatar and visit places like Binance Beach and AVAX Alps. By completing quests, they can earn exclusive “Highstreet Credits” for clothing items, cosmetic upgrades or other luxury purchases.
Purchases at one of our stores can be turned into armour for the game. This provides you with a boost in combat against enemies.
You can also purchase Highstreet homes. These are customizable and come with different amenities such as running a club, watching movies or interacting with pets.
The HIGH token is versatile and offers an exciting proposition for both brands and users alike. It’s one of the best metaverse tokens to invest in if you’re an entrepreneur or content creator.
