Metaverse coins have been delivering consistent value to investors due to the development and popularity of Web3 and metaverse concepts. Cryptocurrencies like Sandbox (SAND) and Axie Infinity (AXS) have performed impressively, and the developing Metamortals (MORT) are set to replicate their successes.
For starters, the metaverse is a 3D virtual world that runs on the blockchain and cryptocurrencies and facilitates social connections through games, entertainment, real estate, and others. Although it once existed as a concept, it has now grown and is being implemented across several use cases, especially games.
However, the metaverse craze may not be going anywhere soon. Hence, you might want to add some potential metaverse tokens like Sandbox (SAND), Axie Infinity (AXS), and Metamortals (MORT) to your portfolio.
The Sandbox (SAND) is a metaverse project that runs on the Ethereum blockchain. It is the third-largest metaverse that enables users to create, share, and make money off their gaming and real estate experiences.
People can play, construct, own their properties, and collect in-game items in the virtual world. Additionally, people can sell these assets and receive cash in the real world through the platform’s marketplace.
The Sandbox (SAND) uses the blockchain and the potential of non-fungible tokens (NFTs) to facilitate interactions between users and the virtual environment. Sandbox users also receive value from the NFTs, such as authenticity, security, and scarcity.
The platform has several tokens; however, it runs primarily on the SAND token. The ERC20 token, SAND, powers all interactions and transactions in The Sandbox. You must hold the token to play games, create your own avatar, buy and sell digital assets, and even create more SAND and other tokens in this metaverse.
The token has an all-time high of $8.4, having debuted at $0.05. Early investors have been able to make massive profits. However, it is still poised for growth, although it is currently trading low due to the impact of the bear market in 2022.
Axie Infinity (AXS)
Axie Infinity (AXS) is a blockchain game that uses NFT characters called axies, inspired by Pokémon, to pit players against one another. It was created by the Vietnamese startup Sky Mavis and has grown to become one of the most popular metaverses and P2E projects.
To play in Axie Infinity’s metaverse, you must have three Axies; thus, you need to purchase some from the platform’s marketplace. Note that Axies are NFTs that can be acquired via playing, sold, or purchased.
Typically, playing in the Axie Infinity metaverse has a higher initial investment than on other gaming platforms. However, the player’s potential benefit is larger, as the game is play-to-earn-based.
The platform depends on its AXS token, which is used for transactions within the ecosystem. It is also received as a reward for winning battles of axies.
The AXS token has also performed well since its launch despite periods of downturns. Early investors had a good ride; however, it may still move as the market recovers.
Metamortals (MORT) is a play-to-earn gaming platform that will allow users to enjoy P2E games without expensive minimum requirements. The platform combines earning, saving, and entertainment into one while engaging users in its fantasy world.
The platform also offers other features apart from the gaming concept. Users can interact with other users through technologies like virtual, augmented, mixed, and regular social media. You can also take advantage of DeFi opportunities like yield farming and staking and explore crypto learning resources on the platform.
The platform will run on its native token, MORT. Transactions and rewards within the ecosystem will be in MORT tokens, and holders will also be able to participate in governance. The tokens are up for grabs on presale, and you can enjoy massive bonuses if you buy with specific cryptocurrencies.
If you deposit ETH, BNB, BTC, USDT, SHIP, or DOGE, you could receive between 8 and 24% extra tokens. Also, buying in stage 1 of the presale can give you an additional 8%, 4% in stage 2, and 2% in stage 3.
Summarily, Metamortals (MORT) can potentially deliver massive profits to buyers like its counterparts, Sandbox (SAND) and Axie Infinity (AXS).
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