- Dec 13, 2021
- Reaction score
( Chap 1 )
Metaverse is predicted to be the new trend that will replace NFT in Crypto. So what are the 5 most potential Metaverse coins in 2022 ?
The market is still constantly fluctuating, leading to countless new trends appearing, which is also one of the factors attracting money flow to the Crypto market, from trending Meme, NFT to NFT Gaming. And in this article, Coin98 will talk about Metaverse - the new trend that is storming the Crypto market:
Metaverse overview and characteristics.
Top 5 potential Metaverse coins with the highest capitalization in 2021.
The achievements and investment opportunities of each of those Metaverse coins.
Let's find out with Molly.com!
Overview of the Metaverse trend
- Metaverse (roughly translated as virtual universe) is a digital universe that combines aspects of social media, online gaming, augmented reality (AR), virtual reality (VR), the Internet, and money. to allow users to use virtual reality technology to interact.
- Virtual reality (VR) is a simulated experience that may or may not be completely different from the real world. Applications of virtual reality can include entertainment (i.e. gaming) and educational purposes (i.e. medical or military training). Distinct VR-style technologies include augmented reality and mixed reality. Current standard virtual reality systems use virtual reality headsets or multi-project environments to create realistic images, sounds, and other sensations that simulate the user's physical presence in the environment virtual scho… You will see VR being used a lot in gaming, digital tourism or real estate models,...
- Augmented reality (AR) is a direct or indirect view of a real, physical environment where elements are "augmented" by computer-generated cognitive information, ideally across multiple modalities. senses include sight, hearing, touch, history, and smell. The sensory information overlay can be constructed (ie sub to the natural environment) or destructive (ie mask of the natural environment) and is the registered space with the physical world as such. which it is considered as an immersive aspect of the environment. In this way, augmented reality alters a present's perception of a real-world environment, while virtual reality replaces the real-world environment with a simulation.
This technology will describe in 3D space about objects, their shape, position. AR is considered a future technology because of its diverse applications from gaming to online shopping,...
Game “ Pokemon GO “
Metaverse in CryptoFor Crypto, when applying Metaverse, the core technology will remain the same, and at the same time, combined with Blockchain technology to expand the ability to connect with the surrounding world and get rid of the geographical "fence" between the two countries. regions around the world.
Blockchain is considered a good environment to apply Metaverse because of its inherent decentralization and scalability, which is also the main factor that Crypto and Gaming NFT projects choose for their platform.
There are also new opportunities for creators and players in the Metaverse. In the distant future, Metaverse will most likely help people create a parallel (virtual) world and overcome all physical boundaries. This will lead to a new electronics industry.
5 Metaverse coins with the largest Market Cap 2022
Axie Infinity (AXS)Axie Infinity - the focus of the market recently and is also a prominent name that has been mentioned before in the Top 5 Outstanding Gaming NFT.
Axie Infinity is an NFT Metaverse Game, building virtual pets in the digital space combined with VR technology, helping players to participate in the Gaming space, collecting pets to level up.
The Axies (virtual pet) are in the form of NFT, while the AXS token (Axie Infinity Shards) is a token combined with Metaverse to decentralize ownership and governance of the Axie ecosystem.
Images in the game Axie Infinity
The combination of multitasking Metaverse technology and Play-to-Earn model (playing games for money) has created a fever in the community, most notably the Philippines with nearly half a million people in the country participating in Axie Infinity. , helping more than 60% of people successfully overcome the epidemic season.
A few standout numbers:
- Market Cap: $4,193,561,676.
In addition, Axie Infinity also generates revenue for the Treasury, resulting in a strong growth in the value of the AXS token, since its launch, it has gained 63,606% (May - August 2021) .
The success of Axie Infinity is not purely natural, in fact you can see that gaming is quite interesting, the combination of Metaverse, Gaming & Play To Earn is the key factor to create a boom. of AXS.
Decentraland (MANA)The second thing I wanted to mention is Decentraland, a gaming platform launched by a team of developers in Argentina back in 2016.
Decentraland is built on decentralized virtual reality (VR) technology, UX is largely based on Second Life and Minecraft. Similar to other NFT games, Decentraland will give players experience, opportunities to earn money and incentives from the project.
Metaverse in Decentraland is a virtual world of Decentralized ledger - ownership of land. A parcel of land in the game called LAND, is 16x16 (NFT by Decentraland). When you play the game, you need to own land (exactly like land in the real world) with value to use forever. Unless you want to sell them
MANA is the currency Decentraland uses to buy and sell goods and services. Users need to have money on hand in order to buy land in Genesis City, and MANA will also act as a commodity for in-game items. These items can be traded on Coinbase or other exchanges like Ethereum.
It may not be too long before you can purchase a condo in a virtual world. The Decentraland project is an open source virtual reality platform on which decentralized applications can be built and monetized. Unlike Second Life, the developers are building this platform from scratch with blockchain technology. The Decentraland team wants to create a new kind of digital real estate market where users can buy and sell land.
Similar to the real world, in Decentraland, when buying adjacent parcels of land form “real estate” allowing the owner to build and develop them, anyone in the world can participate in the space. virtual to play games, participate in events,...
The important thing is that owning as much LAND means you will collect a large amount of money, it is no different in the real world, even buying land is much simpler.
Some standout numbers :
- Market Cap: $1,221,953,200
- 2018 is the peak period for Decentraland, but the most impressive is until 2021, also the "golden age" of NFT gaming projects, Decentraland therefore also grew strongly, MANA price reached ATH $ 1.6, rank #91 up to now.
Recently, Atari announced a partnership with Decentraland and plans to own a large real estate in Gaming Space. With the NFT and Metaverse markets on the rise, it can be thought of as a new investment opportunity. When money starts flowing into projects like Metaverse, LAND prices will continue to increase even in this Universe or Metaverse.