Last year saw big gains for investors in metaverse projects when Facebook announced it was rebranding as Meta Platforms to embrace the virtual universe. After the recent bear market in cryptocurrency assets, investors looking for gains in 2022 should consider Gala (GALA), The Sandbox (SAND), and Chronoly (CRNO). Gala is embracing metaverse gaming, The Sandbox is a virtual universe and Chronoly is a project that is bringing watch investing to the NFT market.
Gala (GALA) Can Provide Access to Play-to-Earn Games
The GALA project is focused on building addictive blockchain games and developers will continue to churn out new titles. The GALA token saw its value rocket to $0.70 in 2021, but the price has since slipped to $0.08. GALA allows investors to own all assets won in their games and trade them with other gamers. The play-to-earn model is attractive to gamers and will continue to attract new players. When Facebook announced its move into the metaverse, a digital land grab started. As prices have cooled again, investors can gain access to the metaverse before further advances from corporates.
The Sandbox (SAND) is Preparing for a New Season
The Sandbox (SAND) project also benefited from the Facebook-driven rally in late -2021. The price rallied to $8.40 but has now dropped to $1.30. Alpha is preparing for a third season and some highlights from season 2 included 10k NFTs distributed and 10 million SAND tokens distributed. Investors can now buy into the project ahead of the third season at a big discount from previous highs. The Sandbox (SAND) recently announced a new partnership with Gamerhash, an ecosystem that allows its users share computing processing power to receive cryptocurrencies in return. The Gamerhash community has 700k users and they could be attracted to The Sandbox (SAND) through special events or drops.
Chronoly (CRNO) Looks to Bring Watch Investing to the Metaverse
The Chronoly (CRNO) project is creating a multi-chain marketplace for NFT investing in luxury timepieces. Investors will be able to buy and sell high-end rare watches with the help of blockchain technology. Chronoly is introducing a completely new way of watch ownership and investing.
Chronoly buys the rare watches and holds them in secure storage. Each watch then has it’s own NFT minted, which is broken in many fractions that can be bought for as low as $10. This also opens the barriers for smaller investors. Ownership, authenticity and valuation can be traced through the metadata, which completely eliminates the risk of buying counterfeit items.
One of the interesting plans in the company’s roadmap is a planned move to the metaverse with the ‘Chronoverse’. Many large corporations in the fashion world have started to bring their brands to the metaverse and that will scale up if Facebook can bring its user base to the platform.
The Chronoly marketplace is powered through its own native token, CRNO. Chronoly (CRNO) investors were already rewarded with a rise of $0.01 to $0.06 in the token presale and investors should jump in ahead of any metaverse move. The official release of the CRNO token is planned for the 27th of September. CRNO tokens can also be staked for an annual yield. There will also be other membership benefits for token holders such as events and monthly luxury watch giveaways.
For more information on the Chronoly presale here:
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