Metaverse Tokens

Metaverse Tokens

If you haven’t yet brushed up on your knowledge of the Metaverse and how it works, go check out this blog. One of the best ways to participate financially in the Metaverse is by trading in Metaverse tokens. Since they represent in-game or in-metaverse currency and NFTs, they begin by being useful to those who actively interact with the metaverse-related world they originate in. Since these Metaverse currencies and NFTs are built on blockchains, the goal is to have them become valuable to traders outside of these virtual environments. Ultimately, Metaverse tokens may translate or convert into actual real-world value that can add distinction, diversification, and high monetary value to any digital portfolio.

Top Metaverse Currencies

We’ve already blogged about Enjin as well as Axie Infinity, which are the top virtual currencies and sources of NFT trading. Here are a few other important meta-currencies to investigate:
  • Decentraland-The Metaverse game environment known as Decentraland uses its currency, 2.6 billion capped (MANA), in the largest of all virtual worlds. This digital environment token may not be in 1st place for most-used meta-currency but promises to surpass previous gaming currencies and tokens because it’s more than just a game with a final prescribed conclusion. Instead, it has more in common with previous console and PC games such as “The Sims.” This is a world in which gamers simply function in virtual life, creating their own spaces, accumulating homes, running businesses, and interacting with a virtual population of other users. The goal is to find ways to create in-game wealth that may translate into making money in their real lives. Operating on the Ethereum blockchain platform as an ERC-71 (LAND) token, players vie to obtain their share of the 90,601 (capped) number of land parcels to develop other assets, which will, in turn, have value. These land parcels, avatars, and other items are known as NFTs, which are then sold and traded for additional in-game resources and, ultimately, real-world profit.
  • The Sandbox-(SAND) is an important currency similar to MANA, an ERC-20 token used for claiming stakes, making laws, and transferring items and wealth in the world of The Sandbox.
  • Star Atlas-This massive cinema-quality game uses 36 billion (ATLAS) tokens to support role-playing and flight simulation themes between three rival players’ factions. The goal is to gain control of governing bodies and resources while trading in assets.
  • Metaverse Index-The future of metaverse currencies includes exchanging tokens between different or competing metaverses. This ERC-20 token (MVI) supply of only 39,602 tokens is just getting started but promises to bridge many types of NFTs and worlds for ease of cross-trading.
Does your crypto portfolio include a balanced diet of trading and investment opportunities? Are you taking advantage of every new and exciting digital vehicle for earning potential? Aponte Crypto Consulting goes beyond relaying current trends and news in virtual trading. So, if you’re interested in learning for yourself how to start, maintain or expand your trading and investing in the Metaverse, why not contact us today?