The blockchain-based metaverse is driving progress for virtual reality technologies and online gaming. By combining play-to-earn mechanics with immersive virtual reality worlds and online social hubs, the metaverse has become one of the most widely sought-after investment opportunities in the world of technology today.
Here are the 3 best cryptos for metaverse fans to buy right now:
- Metacade (MCADE)
- Shiba Inu (SHIB)
- Decentraland (MANA)
1. Metacade (MCADE)
What is Metacade?
Metacade is one of the best cryptos for metaverse fans as it is bringing the largest collection of online gaming experiences into the space. All arcade games in the Metacade have integrated financial rewards, providing endless opportunities for metaverse gamers to start earning, all from a single location.
The online gaming experience in the Metacade is truly extensive, as the platform also aims to become a central hub for Web3 users to get together, socialize, and learn all about the very latest trends in the blockchain-based online gaming space.
The MCADE token presale was recently launched and has attracted a significant level of investment already, with a massive $2.7 million raised in only the first 7 weeks! The project has now gone on to raise a staggering $5.4m. The hype around MCADE, one of the best crypto for metaverse fans, continues to rocket, with a large community of followers already driving its progress.
How does Metacade work?
Metacade offers both casual and competitive gameplay to its community. The platform utilizes blockchain technology to augment classic online gaming experiences with play-to-earn (P2E) mechanics, which means that online gaming enthusiasts can earn while progressing through levels in some of the most addictive games that can be found on the blockchain.
Metacade will also host paid-entry tournaments, where blockchain gamers can compete for the chance to win major prizes paid in MCADE tokens. These tournaments will be ranked events, in which players from all over the world go head-to-head to test out their skills in Metacade’s various arcade games.
The community hub will offer cryptocurrency rewards in the form of MCADE tokens to content creators through the Create2Earn mechanism, which encourages an increased level of community involvement. Create2Earn will provide rewards to users for posting game reviews, sharing insights about the GameFi movement, and interacting with other community members.
Users can also gain exclusive early access to brand-new arcade games through Metacade’s beta testing feature. These will be paid opportunities where gamers can provide feedback to developers, helping to fix any bugs and optimize gameplay before new games are launched in Metacade.
The platform will also connect users to various job opportunities, ranging from part-time work to full-time positions at Metacade’s partner projects. From 2024 onwards, the crypto jobs board will go live and provide a method for crypto enthusiasts to kickstart their careers in blockchain.
Why buy MCADE?
Metacade is one of the most comprehensive metaverses for P2E online gaming. Without a doubt, its MCADE token is one of the best crypto for metaverse fans to get involved with, as the platform builds out as a constantly-growing initiative aiming to drive progress for the wider GameFi movement.
Not only will Metacade offer the largest collection of arcade games on the blockchain, reward content creators with MCADE cryptocurrency, and create new jobs for crypto enthusiasts, but it will also help support the next wave of blockchain innovation through its Metagrants program.
Metacade is a leading GameFi project that has just started its journey in Web3, meaning it could be one of the most lucrative investment opportunities available for 2023. The MCADE token presale has major upside potential, making it the one of the best crypto for metaverse investors.
>>> You can participate in the Metacade presale here <<<
2. Shiba Inu (SHIB)
What is Shiba Inu?
Shiba Inu (SHIB) is next on the list of best cryptos for metaverse fans. It is a decentralized digital currency and blockchain network, created to flip Dogecoin as the number one meme coin in the world of Web3. Shiba Inu was launched in August 2020 and quickly gained popularity amongst cryptocurrency investors.
The Shiba Inu blockchain is a fork of Ethereum, which means that the network can support the development of decentralized applications (dApps). A key element of the Shiba Inu ecosystem is its virtual reality metaverse world, which is why Shiba Inu has been earmarked as one of the best cryptos for metaverse users.
The Shiba Inu metaverse, known as Shibaverse, is a social and educational metaverse that places users in an immersive virtual reality world. Users can buy and sell digital real estate within the Shibaverse and customize their virtual home however they like. As well as this, the Shibaverse will provide vast utility and many different activities for SHIB holders.
How does SHIB work?
In terms of its tokenomics, SHIB has a deflationary supply. This means that the SHIB token supply cannot be changed, which is one of the many appealing aspects that has attracted investors to Shiba Inu.
Since Shiba Inu was initially designed as a meme coin, it represents a fun and accessible entry point for users who are new to blockchain. To further this aim, Shiba Inu’s metaverse provides a central location for Web3 users to learn about blockchain technology, giving Shiba Inu an edge over meme coins that offer little in the way of utility.
The Shibaverse makes SHIB the second best crypto for metaverse fans, as it is a well-designed virtual reality world. The beta version of Shibaverse is live, allowing anyone to freely explore the early concept prior to full release. The setting is a beachside town that has many areas for users to meet up, socialize and explore.
The Shibaverse beta allows users to see early concepts for apartments in the Shibaverse, as well as the shops for e-commerce, art galleries for NFTs, and other activities that will be made available once the full version of the platform is released.
Why buy SHIB?
Shiba Inu is one of the best cryptos for metaverse expansion because it is currently the most comprehensive meme coin that exists. Since Shiba Inu supports dApps, the ecosystem will grow and begin to offer an increasing number of blockchain services to its community of holders, including DeFi products and online gaming.
As well as this, the Shiba Inu blockchain will soon receive a layer-2 scaling solution called Shibarium. This will improve the user experience for SHIB holders as they transact on the blockchain through providing a greater transaction throughput with lower network fees.
The Shibaverse could become one of the most widely-used metaverse projects in Web3 as it offers a range of useful services to a large existing community. It is a brand-new initiative from the development team at the Shiba Inu project, who want to introduce more utility for the meme coin.
3. Decentraland (MANA)
What is Decentraland?
Decentraland is another one of the best cryptos for metaverse fans. It is a virtual reality online gaming platform that utilizes blockchain and play-to-earn mechanics. Decentraland allows users to have complete control over building, owning and controlling their digital world, and allows for the sale of land in this virtual universe using MANA tokens as a medium of exchange.
Decentraland’s vision is to create an entirely new world where users can buy land in an automated way using blockchain technology, and assign one-of-a-kind metadata to it to enable online gaming experiences.
All content in the Decentraland metaverse is created by users, as the platform is a community-driven initiative that focuses on user-generated content (UGC). Decentraland has become a sprawling open-world metaverse that includes experiences such as eCommerce stores, NFT art galleries, live music events, interactive online gaming, and cryptocurrency-based gambling.
How does Decentraland work?
Decentraland provides a space for developers to create fully immersive 3D worlds without the trappings of traditional centralized ownership systems. By buying and selling parcels of land in the Decentraland marketplace using the platform’s token, MANA, anyone can own virtual real estate that is fully customizable.
Decentraland provides a developer toolkit that enables the easy creation of 3D experiences. As well as this, users can trade custom-built avatars, collectible items such as clothing, and many more personalization options within the NFT marketplace.
The metaverse empowers its participants to turn an idea into reality – it holds the promise of becoming a platform for creative expression and economic opportunity for those who wish to build their presence in its virtual realm.
The world can be freely accessed and explored, and it has now been divided into several districts by its community. A key area of the Decentraland metaverse is its online gaming section, in which users can participate in a variety of online gaming experiences to earn MANA token rewards.
Why buy MANA?
Decentraland’s MANA token was one of the fastest-growing investments during the 2021 bull market. In the space of 14 months between 2020 and 2021, the price rose almost 250x to hit an all-time high at $5.91.
Decentraland remains one of the most valuable online gaming metaverses in Web3, with a market capitalization of almost $1 billion. The MANA token is expected to keep growing over time as the platform attracts an increasing number of users to its online gaming metaverse.
In itself, the Decentraland metaverse has a unique set of characteristics. Since it is community-driven and utilizes UGC, the platform serves individual content creators, developers, businesses, eCommerce, gamers, and virtual explorers alike. Anyone can build on purchased land, and anyone can freely use the platform’s variety of virtual pastimes.
This gives Decentraland major potential for the future as a center of online gaming, virtual workspaces, and much more. It can be a key driver in the development of metaverse technologies, and a leading project in the world of Web3 for years to come. For this reason, Decentraland is one of the best cryptos for metaverse fans and a prime investment opportunity.
The best crypto for metaverse fans: Metacade
Metacade is definitely one of the best cryptos for metaverse fans right now. While Decentraland and Shiba Inu could both produce significant returns for investors, the upside potential looks to be much lower than Metacade’s due to the projects already being established in the world of Web3.
Metacade offers solid fundamentals as an online gaming project and the best crypto for metaverse development. It will boast the largest selection of games on the blockchain and provide early-stage funding to new game developers. It is, without a doubt, a top contender for the best crypto for metaverse investors as the project aims to become a leading name in the online gaming space.
The presale is an excellent time to get involved, as the price of MCADE is unlikely to ever return to this low level. Predictions forecast that long-term holders could enjoy up to 200x returns after the token goes public. The price of MCADE will rise from $0.008 to $0.02 during the presale, so those who invest early are likely to experience higher returns in the long run from this metaverse gem.
You can participate in the Metacade presale here.
Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.
Source: https://www.thecoinrepublic.com/2023/02/07/3-of-the-best-cryptos-for-metaverse-fans/