Metaverse madness has well and truly died out as of this writing – not even Mark Zuckerberg’s Meta was spared by the fallout from the metaverse bubble. Tokens like Axie Infinity (AXS) and The Sandbox (SAND) weren’t either, burning a lot of investors who bought at the peak of the hype cycle and leaving those that still have holdings with increasingly heavy bags.
That’s not going to change soon for Axie Infinity (AXS) and The Sandbox (SAND).
However, there is still plenty of bullish sentiment for tokens with real, tangible utility and unique value propositions like Flasko as it enters its second presale phase. Let’s see why Flasko will do better than metaverse also-rans Axie Infinity (AXS) and The Sandbox (SAND) moving forward.
Axie Infinity (AXS) Investors Are Fast Losing Hope In P2e
Axie Infinity (AXS) used to be one of the premier metaverse protocols, supporting the biggest play-to-earn (P2E) ecosystem simultaneously. Axie Infinity (AXS) supports the NFT-based game where users can breed, train, and compete against each other with Axies, and where in-game tokens can be exchanged for its native Axie Infinity (AXS) token.
Axie Infinity (AXS) gained massive popularity during the pandemic as people looked for alternative sources of income – but fast forward to 2022’s crypto winter, and the Axie Infinity (AXS) player and investor community is all but a fraction of what it once was. That resulted in Axie Infinity (AXS) token prices losing almost 95% of their value, from a peak of $162 in 2021 to less than $10 today.
The Sandbox (SAND): 90% Obliterated From Value Since Ath
On the other hand, The Sandbox (SAND) is a blockchain-enabled metaverse platform allowing users to create games, invest in virtual lands, and buy and sell in-game NFTs for The Sandbox (SAND) tokens. The Sandbox (SAND) is a crypto gaming environment driven by NFT technology. Consequently, at the height of metaverse mania in 2021, The Sandbox (SAND) token prices peaked at $8.40, to the delight of early investors.
However, since November 2021, The Sandbox (SAND) has gone on a terminal freefall, losing over 90% of its value. Now, one token from The Sandbox (SAND) trades around $0.80, indicative of investors’ lack of belief in the long-term viability of metaverse projects – many of which have gone kaput since.
Flasko (FLSK): Full Steam Ahead For An Alternative Investment Platform
The presale event of the season for revolutionary alternative investment protocol Flasko is going full steam ahead. With over 10,000 individuals expressing their interest in participating in the Flasko presale, it’s safe to say that there is plenty of demand for a blockchain protocol that opens the door to the diversifying power and constant, steady returns that alternative assets in the rare wines, whiskeys, and champagnes sector bring.
Flasko is programmed to shoot up in prices many times over its current $0.077 presale price, with a full platform audit performed by German firm Solid Proof to ensure its legitimacy and viability. Moreover, Flasko devs have locked platform liquidity for 33 years, securing the future of the alternative investment platform as it brings rare wine investing to an entirely new audience.
The crypto world awaits the arrival of Flasko with bated breath as its launch comes closer and closer by the day.
Don’t miss the presale event of the season and participate in the Flasko presale by checking the links below.
Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram:https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
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Source: https://www.thecoinrepublic.com/2022/11/08/flasko-flsk-enters-second-presale-stage-while-axie-infinity-axs-and-the-sandbox-sand-slump/