There will be a massive metaverse by the end of 2022 if you were paying attention to crypto at the end of 2019.
Over the last several months, the trend of virtual sociability has risen rapidly, leaving some bewildered and others scratching their heads.
Perhaps the bigger group is more reluctant to accept this new style of engaging because it is unfamiliar or confusing.
Even yet, the trend seems to be more than just a fleeting craze.
When it comes to buying metaverse cryptos, though, certain investors may run into difficulties.
When contemplating a metaverse investment, which currencies should you buy?
After all, there are a plethora of options for putting money into the industry.
As far as metaverse assets go, one of the most popular is virtual real estate.
Indeed, there is plenty of digital property to be had in the metaverse.
Real estate companies dedicated to pixel property, on the other hand, are gaining in popularity so swiftly.
The cost of a digital parcel of land is now comparable to that of a real one.
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Decentraland’s greatest foe is the Sandbox network.
A shared aesthetic, they were both founded around the same time, and they have the two major initiatives in terms of their core principles in common.
There are also some variances between the two of them.
Sandbox, on the other hand, has institutional support to make up for its lack of release experience.
While both projects debuted their tokens in 2017, Sandbox’s metaverse has only been available for a short time.
The project was still in development until the fourth quarter.
MANA, on the other hand, was fortunate enough to capture the same wave of interest in the autumn, jumping from 78 cents to $8.40 in a matter of days.
Even though the network didn’t have its metaverse ready to go, SoftBank supported it because of its quick gains and intriguing concept (SFTBY).
Accordingly, a whopping $93 million was devoted to making this idea a reality as quickly as possible.
Select people were allowed to access the virtual world in late November and participate in immersive activities and games while earning money for their efforts. Exclusive NFTs worth thousands of dollars apiece might be won by participants.
Decentraland, on the other hand, has a lot more of a stake in the outcome.
It’s now offering hundreds of additional property parcels in its virtual Mega-City expansion.
The plots are likely to sell quickly and for premium prices. SAND is one of the greatest cryptos to invest in as a kind of digital real estate.
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Unlike other cryptocurrencies, Ethereum was not designed to be a form of payment for the purchase and sale of the property.
It does not have a metaverse of its own, nor does it have a staff working on creating one.
This is the finest approach for an investor to invest in the metaverse’s long-term prosperity.
Ethereum is the world’s most popular decentralized application platform. Tokens for many of these projects may be found on the platform, which hosts hundreds of other projects.
To guarantee that these tokens fulfill a minimum set of criteria, a standard has been created for them.
Metaverse creators have no option but to adopt the world’s most popular blockchain, Ethereum.
Ethereum tokens adhere to the ERC-20 standard, and as a result, practically every one of the ones mentioned below is an Ethereum token.
Though investors can’t purchase real estate directly from Ethereum, its money is one of the most often utilized for acquiring metaverse property from other sources.
Most digital tokens are being swapped for ETH in the NFT boom, which is still mostly centered on the Ethereum network.
Most transactions on platforms like OpenSea are made in ETH, which happens to be one of the most common ways to acquire digital property.
The Ethereum network will transition to proof-of-stake in mid-2022 when it undergoes its Merge upgrade.
The network will benefit tremendously as a result of the change.
In addition to lower gas costs, the ability to process and settle more transactions will be improved.
To further entice these other metaverses and real estate games, the network has received an update.
As a result, investing in ETH is a sound pick-and-shovel strategy.
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Gala Games is another network aiming to merge the burgeoning world of video games with that of digital property.
Many of the other choices on this list are focused on a single universe. Gala, however, isn’t.
There are a variety of genres and styles to choose from, and the platform is designed to allow for this.
Its ambitious vision can be seen on the project’s website, where eight separate metaverses are currently in various stages of development.
Each of these genres brings a distinct look and feel to the platform, from business simulations to survival games to fantasy RPGs.
Whatever the user wants, they’ll receive. There are white-picket-fence neighborhoods in the Legacy metaverse where you may purchase a shop and spend the rest of your virtual days.
In The Walking Dead: Empires, you may purchase a parcel of land with a modest, homemade hut to use as a base of operations in the woods.
Digital real estate company Gala has been getting a lot of attention from the Wall Street Journal because of the high prices some of its properties are selling for.
The most notable purchase was a $1.6 million lavish castle in the fantasy metaverse Mirandus, made by a consortium of gamers.
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We chose Atlas because it provides one of the most unique and out-of-the-box virtual real estate solutions available today.
It’s a metaverse that’s less concerned with earthly things and more interested in the vastness of space.
The greatest metaverse coin to purchase to play digital real estate from a new perspective is, therefore, Metaverse.
An online strategy-based MMO game called Atlas is available (MMO).
Outer space is the setting for this virtual reality game in which players mine materials and explore.
Atlas offers stunning aesthetics, due in part to its use of the Unreal Engine 5, which is what sets it apart from other worlds.
Many of today’s most popular video games are powered by the Unreal Engine, one of the most well-regarded video game engines.
Unlike other metaverses, Atlas has a distinct vibe about it.
For those who want a more realistic virtual experience, factions and organizations may be chosen by gamers.
A large portion of the game’s real estate is dedicated to the ships that players utilize to travel between colonies.
It seems to seamlessly merge the video game metaverses with the more socially oriented metaverses.
Investors are eagerly awaiting the pre-alpha launch of the globe, even if Atlas isn’t ready yet.
With the complete release of Unreal Engine 5 scheduled for early 2022, Atlas developers may anticipate making significant progress in bringing an early access product to market.
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Axie Infinity is not a new project.
Investors have been keeping an eye on it for some time now.
However, the idea is increasingly being seen as a method to invest in virtual real estate, rather than merely a video game investment, as many formerly thought.
In the summer of 2021, the Axie Infinity world rose to prominence. The AXS token started to soar in value around the middle of July.
It rose from a low of $4 to an all-time high of more than $160 in price throughout its existence.
For this, the project’s capacity to generate substantial passive revenue for consumers was largely responsible.
You may get Smooth Love Potion (SLP) tokens only by playing the game.
By using these tokens, one may produce more and more valuable NFTs, which can then be traded for cash.
Other players may also buy them. Many people have been able to earn a decent living simply by playing games.
Additionally, Axie Infinity will soon have a new feature that makes it an ideal investment vehicle for digital real estate.
Tokenized pieces of land will be available for users to purchase, develop, and then resell shortly.
By merely occupying land, AXS tokens may be found in the project’s white paper. ,
You may also scour the environment for resources after you possess a plot.
Upgrades to land or Axie pet NFTs may benefit from these resources, increasing their monetary worth.
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It’s fair to anticipate that the metaverse, and hence digital real estate, will continue to be a smart investment in the future based on the money streaming into this business and the increased support for the metaverse from firms like Meta Platforms (FB).