What are Metaverse Coins and Where to Buy Them?
By Space Coast Daily // May 17, 2022
The internet has entered a new era. As current research suggests, the metaverse, which merges virtual, augmented, and expanded realism with our actual world, is expected to expand to over $900 billion in market value by 2024.
So, what exactly is the metaverse, and what are the many kinds of tokens that exist inside it?
This transition in technology and the creation of 3D virtual environments is known as the metaverse. Individuals in the metaverse utilize metaverse tokens as currency.
Tokenized monies and items may be created, purchased, and sold by users. Several promising tokens are expected to see a surge in value shortly.
Where to buy metaverse coins?
To acquire metaverse coins, you must first locate an online store where you can make the transaction. These platforms are particularly built for this purpose and provide a wide range of assets to engage in or trade, including cryptocurrencies. The sector, on the other hand, is overrun by brokers, making it difficult to pick the finest one.
To avoid becoming a victim of fraudsters and select a reputable broker, you need to be aware of the excellent trading platforms as well as the fraudsters. It’s also worth checking to see if the broker you’re considering trading with offers Metaverse coin trading and is based in your area.
Tokens from the Metaverse are predicted to become the next big thing in the technology platform market
While some metaverse assets can only be used in the multiverse, others may be found on exchanges like WarziX, Github, and Binance as a unit of currency for operations within the virtual world.
It should be noted that strategists are particularly enthusiastic about metaverse tokens. According to strategist Haim Israel of Bank of America, metaverse tokens provide “a big, massive potential.”
The token that show the most potential
The Sandbox (SAND)
In the Sandbox, users may earn SAND coins for doing tasks in the virtual environment. The Ethereum-based SAND utility coin is essential to the game’s functionality. In the metaverse, SAND tokens may be used to purchase virtual goods and to earn rewards through a “play to earn” mechanism. The current value of 1 SAND is USD 6.55. According to experts, this token has a lot of potential for growth, and thus it is one of the best metaverse tokens.
Gaming industry heavyweights are starting to pay attention to the Sandbox as well. In all, $93 million was invested by SoftBank’s Vision Fund 2 in the gaming platform. After a transaction volume of $144 million was reached by monthly users.
Axie Infinity Shards (AXS)
AXS. Axie infinite is a play-to-win game like The Sandbox. AXS tokens may be earned through trading, purchasing, and selling monsters.
Using NFT tokens, each creature is symbolized by a distinct NFT token. Over the previous 6 months, the game’s popularity has soared, and regular visitors have increased by approximately 5,000%. The AXS coin is presently worth $138.75 and has a market value of nearly $8 billion.