The 15 Best Metaverse Cryptocurrencies of 2022
It doesn't take long for cryptocurrencies to emerge in response to new innovations in the virtual worlds. Another latest example is the Metaverse, and this year is expected to be a banner year for metaverse crypto coins.
Also, there are plenty of metaverse cryptos to invest in and buy in the marketplace, which means it may be difficult to determine which ones are reliable and which aren't.
But what exactly is the Metaverse? And what are the best metaverse crypto coins? In this blog post, we'll look at both of those questions and help you figure out which crypto will reign supreme in 2022. Now could be the ideal time to look into metaverse projects and utilize their services. Stay tuned!
What we will discuss;
What is exactly a Metaverse & Metaverse Coin?
The Metaverse is a decentralized virtual world that runs on blockchain technology. It is where individuals can shop, play games, buy and trade cryptos and items, and do other things. So you can consider it as a mix of virtual reality, social media, gaming, and cryptos.
Cryptocurrencies function as money in the Metaverse. It is where the terms metaverse coins, metaverse tokens, and metaverse crypto come into play. Each metaverse project utilizes tokens for transactions within its environment.
In short, Metaverse is an emerging technology that recreates real-world experiences in a virtual reality platform.
- Metaverse is not just limited to crypto assets and blockchain technology.
- Large-cap companies like Facebook are also investing billions in Metaverse projects.
- It could be a 3D replica of your town so you can virtually walk around.
- It may also have a virtual shopping mall where you can buy real-world goods without leaving home.
Find the best metaverse projects below that we have compiled for you.
15 Top metaverse crypto coins for 2022
The Sandbox is the best metaverse crypto project and coin to invest in for 2022. It released its first game in 2012. Since then, Sandbox has shifted its business model to specialize in the Metaverse, with impressive results.
Built on Ethereum, the Sandbox metaverse lets users build, earn, and trade in-game items. As in Decentraland, you can buy virtual land and build homes. After that, the property can be sold. Sandbox's digital currency, SAND, rose steadily in 2021.
The Sandbox is a game backed by Atari, which could help it weather the current bear market. Sandbox focuses on NFT creation and trade. Players can easily create NFTs with SAND tokens.
Metahero is a creative project that is also the best metaverse crypto. It connects gamers, creators, and others to the digital world. Its native token is the cryptocurrency HERO.
Real-world objects are scanned in 3D for the project. This lets people make high-definition avatars. Also, the company put up an object-scanning room in Doha. It helps make digital versions of 3D characters for the Metahero universe. Wolf Studio and Metahero have worked together to make this happen.
Metahero is new, so it has fewer tokens than the others on this list. The smart contracts for HERO are built on the Binance Smart Chain (BSC). It lets HERO help investors with different-sized portfolios.
Axie Infinity is a successful crypto project and a play-to-earn game. The play-to-earn games reward users when they complete tasks like reaching a certain level. Thus, it makes it more appealing for people to join the Axie Infinity ecosystem.
Isn't it cool that players can build kingdoms and hunt for treasures? The most active players are rewarded through the metaverse blockchain. With AXS metaverse tokens, players have a stake in the game's ownership and operation.
The project is built on Ethereum, just like Decentraland and Sandbox. People can also compete to win Axies, which are non-fungible tokens (NFTs).
Star Atlas is a stunningly-designed virtual world project. The game depicts the future, 2620, where players rule the land and collect assets.
The metaverse token that powers this distinct universe is ATLAS. It is built on the Solana blockchain that is fast and secure like Ethereum's, but perhaps more scalable and cheaper.
You can buy land, ships, crew members, and equipment with ATLAS metaverse coins. ATLAS can also be used to buy POLIS, an in-game currency used to manage game aspects.
One of the leading Metaverse projects, it's built on Ethereum and offers interactive gaming to users worldwide. Decentraland launched in 2018 and gained an early start in the Metaverse race.
People can create and customize characters, chat, and explore in game assets. Decentraland. Decentraland has its own cryptocurrency, MANA. All Decentraland transactions must be made in MANA, giving the token real value. It's one of the smartest web 3.0 coins to buy this year.
Popularity-wise, Decentraland is a crypto metaverse project that has been in the news frequently. This was due to the NFT craze, which also boosted MANA's value.
Enjin is one of the best Metaverse coins to invest in for the year 2022. The platform lets users mint, create, and sell virtual assets. To start, developers have to give their virtual goods a monetary value by putting ENJ tokens into a smart contract. When the item sells, the seller gets ENJ.
Enjin runs on Ethereum and has a market cap of $543.67 million. With NFTs and QR codes, Enjin's unique marketplace helps businesses and people grow their markets. It just put up the first NFT parachain on Polkadot, which has more than 100 games and apps.
Apeocoin is another best metaverse crypto that connects the real and virtual worlds. It allows users to create and trade digital assets. Yuga Labs launched it in 2022. ApeCoin is a governance and utility token that lets holders participate in and govern the Ape ecosystem. It can also be used to access games, products, and services.
The Yuga Labs raised around $320 million in a virtual land sale which enabled APE token holders to buy parcels called Otherdeed.
Moreover, the other side will feature a full-fledged MMORPG virtual world integrated into the BAYC ecosystem. It will also likely use ApeCoin. The full-fledged MMORPG is a massively multiplayer online role-playing game.
Illuvium is an open-world role-playing game with beautiful landscapes to walk around. You can find many creatures, complete quests, and solve mysteries as you explore. The systems run on Ethereum and utilize a native token.
Each Illuvial has unique abilities, classes, attributes, and weaknesses, and there are more than 100 to collect. When you find an Illuvial, you have the option of keeping it, upgrading it, or storing it in your player wallet.
The best part is that you don't really need a native token to play their games, and the game on its own is free in many locations, with the option to buy a premium subscription. The structure of the game is, of course, built around its token, and you can get tokens when you reach certain goals.
Gala is one of the best metaverse crypto projects in 2022. Players can sell, trade, or gift NFTs that facilitate gaming functions. Just like other metaverse games, Gala Games has its own token, the GALA. Players and nodes get GALA tokens and NFT rewards.
Free games are Gala Games' main attraction. Players can create accounts and play for free. Since Gala Games uses Ethereum, users may incur high gas fees when transferring coins or making transactions.
In addition, Gala recently announced a partnership with Epic Games to launch Grit on Epic Games and Steam. The GALA token has market potential, and the game platform is developing several new games.
In 2017, before NFTs were even a thing, a project called Terra Virtua Kolect got started. It's now a virtual environment based around the NFT marketplace. TVK runs Terra Virtua and gives players access to a variety of interactions, perks, and potential.
TVK native token can mint, sell, and buy NFTs. It also helps access virtual assets like homes, property, and vehicles. The token makes everything into a fan-centred ecosystem.
CoinMarketCap says that the platform can be used on the web, on a PC, and with augmented reality and virtual reality. Terra Virtua added Cardano to its marketplace to make it more stable. Also, new partnerships, like with Kawaii Islands, could boost the number of users and the site's efficiency.
FLOKI Inu is a metaverse crypto coin inspired by Elon Musk's Shiba Inu. It has topped LunarCrush's social leaderboards multiple times. According to the project website, it combines memes and real-world situations. FLOKI tokens have been bought despite the project's early stage.
Floki Inu partnered with CryptoCart (CC) to give token holders access to 1,700 stores. It also plans to partner with Curate (XCUR) to accept FLOKI as payment in Curate's physical goods market system.
Floki Inu has three major utility projects: Valhalla - Best metaverse crypto project, which is an NFT gaming metaverse, FlokiPlaces, which is a marketplace for goods and NFTs, and Floki University, which is a platform for content and education.
The Highstreet is the best metaverse crypto project in 2020 that offers a safe, easy, and exciting way to shop online. Highstreet's native token is HIGH. It is a platform with VR support and a play-to-earn model.
Highstreet also provides an open market where players can redeem in-game assets for real-world products within the gaming environment. Users can discover the metaverse while competing with virtual monsters and doing quests to get online and offline goods.
HIGH, as a governance token allows players to vote on platform decisions, profit from staking by play-to-earn games, and buy products. Property owners can use HIGH to pay taxes on their property, and HIGH can also be earned through special events in the metaverse.
The Flow blockchain network can support apps, games, and digital assets. It is a developer-friendly metaverse that scales without sharding to improve speed and throughput. Flow blockchain has smart contracts in Cadence, which is a safer programming language for crypto users. Developers have tools and built-in help, and buyers can easily pay.
FLOW is Flow's crypto token. The platform protects user data while trading digital assets. Engagement may be limited because Flow supports cryptocurrency games and NFT collectibles. Developers can easily create DApps with built-in tools.
Metaverse is also the best metaverse crypto 2022. It needs lots of GPU space. As the best Metaverse players handle thousands of transactions per second, the throughput of the blockchain goes up.
And this, in turn, leads to transaction fees that continue to rise and slow processing times. This is where the Render Token project comes in. It offers a dispersed GPU rendering network that all Metaverse projects can use.
It is built on the Ethereum blockchain and aims to connect artists and studios who require GPU computing power and mining partners who want to rent out their GPU capabilities.
Alien Worlds is a Defi metaverse and a blockchain-based game in which players will compete within the community for scarce resources. The alien world has decentralised elements, and players can gain voting rights in the Planet DAO by staking Trillium (TLM).
Any players who wish to participate need to have a WAX Cloud Wallet. After logging into Alien Worlds, players can mine TLM tokens. These tokens allow gamers to stake the governance of one or even more Alien World planets.
Players can earn NFTs by completing quests, battling, or mining TLM. Through TLM, the most active users are rewarded. Ethereum, WAX and BSC can all port TLM. This game is growing rapidly because players can earn cryptocurrency by playing. Yet, its interface may be too simple for some.
Most of the Metaverse projects we looked at above have one thing in common: they all are built on top of the Ethereum blockchain. Indeed, it appears to be the case with almost all Metaverse projects, so Ethereum needs to be taken into account if you want to invest in the industry.
Ethereum is the world's top smart contract blockchain, which enables decentralized and secure virtual Metaverse worlds.
Ethereum 2.0 will boost transaction speed and scalability while reducing fees to close to zero. Metaverse projects that build on Ethereum pay fees in ETH. This all makes Ethereum one of the best Metaverse coins today.
Is it wise to invest in Metaverse Coins?
When deciding on the best Metaverse crypto coin, it's critical to consider both popularity and market cap. The greater the popularity of a coin, the more likely it is to be a good investment. A coin with a higher market cap, is more highly probable to be a good investment.
Metaverse's native crypto coin is needed to buy and sell products and services. If you invest in the native crypto coin of your picked Metaverse project, you stand to profit if the token's value rises.
If you're not sure if Metaverse crypto coins are a good investment. We'll discuss what you should know before investing in a Metaverse token.
Everyone is welcome in the Metaverse projects
In the Metaverse, virtual worlds will be accessible to all. That is, you can watch a movie in a Los Angeles cinema or go to an NYC nightclub without leaving home, no matter where you live.
No jurisdictional restrictions will apply to those using the Metaverse. It implies that there may be a sizable global demand for Metaverse projects.
Metaverse Crypto Price
The crypto market is cyclical. It indicates that when the broader markets perform well, which is usually driven by Bitcoin, Metaverse coins can undergo rapid upward price swings.
When the markets are bearish, the opposite happens and even the best Metaverse cryptocurrency coins lose value. It will remind you that crypto prices are driven by speculation and hype.
Virtual Real Estate
Metaverse platforms like Decentraland and the Sandbox let users buy virtual land and build real estate. In 2021, an investor bought 100 virtual islands on Sandbox for $4.2 million. The investor built a villa on every island, selling 90% on the very first day at $15,000 each. The potential in the Metaverse crypto projects is limitless.
Metaverse crypto coins make creating a diversified portfolio easy. It's unclear which Metaverse projects will dominate in the coming years.
Using the regulated brokerage sites, you can add a wide selection of Metaverse coins to your portfolio. You can even manage your portfolio's very best portfolio trackers.
Metaverse low-cap coins have attractive upside
As this industry is still evolving, you should consider adding the best Metaverse crypto coins to your portfolio. According to CoinMarketCap, less than 200 Metaverse coins can be bought. Fewer than ten projects on this Metaverse crypto coins list have a $500 million market cap.
It means you can invest a small amount of money in a small-cap Metaverse that has huge upside potential if it takes off.
Is Crypto the Key to the Metaverse?
Cryptocurrencies and NFTs unlock metaverse virtual reality. Users determine the metaverse's potential. Blockchain technology is well-established, but the metaverse is evolving. All a metaverse needs is a secure metaverse blockchain and supported cryptocurrency.
NFTs let you access virtual homes, businesses, avatar clothing, and digital art. Metaverse prevents NFT duplication and cyberattacks. NFTs' growth potential makes them good investments.
The fundraisers, games, and collectibles can be turned into play-to-earn games. Moreover, non-fungible tokens can be traded for cash.
What are the best metaverse crypto 2o2o coins?
We like some Metaverse coins. Decentraland, the Sandbox, and Axie Infinity offer virtual gaming worlds where users can explore, chat, and buy digital land plots to sell on the open market.
Is metaverse ETP a good investment?
Metaverse ETP is a good way to invest for several reasons.
- First, its market capitalization is low, which means that its price could still go up.
- Second, the people who work on Metaverse are skilled and have a good track record.
- Third, Metaverse has a good plan and is already doing what it says it will do.
- Lastly, Metaverse is supported by major exchanges and has a strong community. Metaverse ETP is a good investment for the long term because of all of these things.
Which crypto is best for 2025?
Some people believe that Bitcoin will continue to be the dominant cryptocurrency, while others believe that altcoins will take over. In the end, it is not possible to know with 100% accuracy what will happen to the crypto market in the future. But altcoins are also a good choice if you want to invest in something for the long term.
So we learned that the Metaverse is a new and exciting world built on the blockchain. The potential for this world is enormous, and there are already some fantastic projects in the works. These are the different projects that could take off in the coming years.
You can explore, chat, and buy digital land plots using the best Metaverse crypto coins in 2020. So, if you want to invest in the Metaverse, our picks are the best coins to look into.
Read more: 8 Best Motherboards for Crypto Mining
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