Amid the headline news that Mark Zuckerberg would be rebranding Facebook into Meta,
some of the world’s biggest companies have developed their own strategies for the metaverse. The effect has been a kind of virtual gold rush as investors have sought to capitalise on the sudden demand for the metaverse.
What is the metaverse? Well, it is quite an opaque term, but broadly speaking, it refers to any simulated digital environment built around augmented reality (AR), social media and blockchain.
How do I invest in the metaverse? It might seem like a daunting task but investing in the metaverse is very easy, unlike buying any other cryptocurrency. Outlined below are three opportunities to buy into the metaverse.
FIREPIN TOKEN (FRPN)
FIREPIN Token (FRPN) is a platform committed to creating an entire ecosystem of decentralised products, including but not limited to a DEX (where FRPN holders will receive a portion of the exchange fees), an NFT marketplace, a DAO (Decentralised Autonomous Organisation) and a metaverse. The platform is chain-agnostic and will be supported by numerous blockchains (launching with Binance Smart Chain, Ethereum and Polygon but will support other chains in the future). FIREPIN Token (FRPN) is the newest of the three currencies and offers a high risk/high reward investment for those looking to get into a metaverse project at a very early stage. At the time of writing, the price of the FRPN is $0.00027. FRPN has experienced an increase of over 75.4% since its pre-sale launch.
Decentraland (MANA)
Decentraland describes itself as the first fully decentralised virtual world. Decentraland is already fully operational, and users can customise their own avatars (selecting from a vastrange of digital garments) and walk around the Decentraland universe. Decentraland uses two tokens: MANA and LAND. MANA is an ERC-20 token and the native currency of the platform; it is needed to purchase the non-fungible ERC-721 LAND token. At the time of writing, the price of MANA is $2.52. Punters have indicated that this is undervalued, stating the scarcity of land on the platform will gradually drive the price up.
Sandbox (SAND)
The Sandbox is a metaverse built on the Ethereum blockchain where users can purchase, build, control and earn digital items using SAND, the native cryptocurrency of the platform. There are several ways to purchase SAND, and it is available on most of the major cryptocurrency exchanges. At the time of writing, the price of SAND is $2.99. However, as the platform develops and the number of users continues to grow, it is plausible that the price will rally past its all-time high of $8.40.
Whilst it is strongly encouraged that investors do their own research, the opportunity to invest in early-stage metaverse projects, such as FIREPIN Token, is a prudent one, especially given the enormous potential of the space in the future. Furthermore, cryptocurrency portfolios with holdings containing a spread of metaverse tokens will be thankful as the metaverse becomes as ubiquitous as the largest social media platforms.
FIREPIN Token (FRPN)
Join Presale: https://presale.firepin.io/login
Website: https://firepin.io/
Twitter: https://twitter.com/FIREPIN_io
TikTok: https://www.tiktok.com/@firepin.io
Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
Source: https://cryptodaily.co.uk/2022/03/decentraland-mana-sandbox-sand-firepin-token-frpn-your-guide-to-investing-in-the-metaverse