Blockchain gaming is only just starting to make a name for itself in the cryptocurrency industry and the whole concept of the metaverse still seems foreign — even to people who have substantial knowledge of crypto.
As a result of the rise in the search for other coins that may help break from the monotony of bitcoin, Ethereum, or the more popular altcoins, some people are now turning to game currencies such as Metacryp (MTCR). Take a look at why this coin, along with Solana (SOL) and Near Protocol (NEAR) can bring you massive gains during this period.
Metacryp (MTCR)
Promising to help people with a community where they can relate with other users of the cryptocurrency, the Metacryp (MTCR) platform is the very first gaming and finance (GameFi) platform and is built upon the Binance Smart Chain (BSC).
The platform is largely community-based and is of the mindset that the understanding of scalability and wider reach is key in determining the global success of a project in the metaverse. This is based on the actuality that blockchain gaming is only just an upcoming development in the crypto industry and would need time to mature.
The Metacryp Network is centered on creating products that will or can function hand in hand with each other, in NFT applications, DeFi, and advanced gaming networks. Another key goal of the project is the facilitation of a user-friendly community, that would bring every member to enjoy the products and services it offers.
To transact on Metacryp, you need not worry about network fees as they are much lower than you normally would expect. Again, wallet fees are non-existent here, and this is down to the fact that payments go through a peer-to-peer system between crypto wallets.
Enjoying the benefits of possessing its wallet, from which the users can send out funds to their public wallets, Metacryp Network boasts of a rapid settlement time.
Solana (SOL)
This network is considered unique, just because it operates by merging a Proof-of-History (PoH) with delegated Proof-of-Stake (PoS) protocol. The whole essence of blockchain technology is to create systems that are decentralized in the cryptocurrency world.
Solana (SOL) is looking to combine the lightning speed of transaction processing peculiar to centralized platforms such as Visa, whilst still keeping the decentralization commonly known to blockchains like Bitcoin.
Thanks to this quicker speed, the scalability of the network are enhanced. Also, the monetary costs within the Solana ecosystem seem to be lower, by quite a considerable distance.
Well over a year after the project kick-started its journey in the crypto market, the Degenerate Ape Academy NFT project was the inaugural major project to hit the platform; it was launched in August 2021.
The Proof-of-History (PoH) consensus system applied in Solana takes the efficiency and throughput rate of the Solana network up a notch.
By September 30, 2022, the token is expected, by the community at CoinMarketCap, to trade at a median price of around $43, as per the bullish forecast they made using the price estimate feature of the site. The Solana (SOL) token has a wide array of use cases. This ranges from being able to handle peer-to-peer payments, and trading, to acting as a strong point that helped the network to solidify its grounds as a validator.
Near Protocol (NEAR)
Near Protocol (NEAR) was primarily designed as software that aims to encourage a network of computers to create a network upon which developers can design, launch and run decentralized applications. The platform runs a Proof-of-Stake (PoS) blockchain, which is firmly constructed upon Nightshade, a common consensus protocol.
The Near Protocol’s (NEAR) native token is known as the NEAR, and pretty much handles everything that has to do with transaction fees and storage on the platform. Also, it can be put into staking by people who hold the token; people who are willing to morph into transaction validators for the platform, and aid in the process of reaching consensus.
This facilitates much faster transaction speeds and allows them to be completed at a rate of around 100,000 transactions per second. Here, the transaction fees are almost non-existent as well, and surely that’s excellent news for someone who is trying to purchase the token or transact on the platform.
Metacryp (MTCR):
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Source: https://thecryptobasic.com/2022/09/08/metacryp-is-on-the-rise-combine-it-with-these-solana-and-near-protocol-to-bring-you-100x-profits-this-bearish-period/?utm_source=rss&utm_medium=rss&utm_campaign=metacryp-is-on-the-rise-combine-it-with-these-solana-and-near-protocol-to-bring-you-100x-profits-this-bearish-period