Investors who bought into the Metaverse early are now reaping the rewards in billions.
Interestingly, one of the world’s largest technology organizations, Facebook, rebranded to Meta in an attempt to capitalize on the Metaverse. The company’s metaverse project, which cost well over $10 billion last year, was dubbed the technology of the future by the media. The metaverse journey will undoubtedly be aided by the use of blockchain and cryptocurrencies.
The question now is, which metaverse tokens should you put your money in? Sandbox (SAND), THETA Network (THETA), and FIREPIN Token (FRPN) are three of the top metaverse tokens that investors should keep an eye out for in 2022. Here are the things you need to know about these top metaverse coins:
Sandbox (SAND)
One of the most popular Metaverse games on the blockchain is the Sandbox (SAND). In this open virtual world, voxel graphics are used to create visual effects. The Sandbox enables users to purchase virtual LAND, create communal areas, and exchange creations, all with the help of the utility token SAND. According to CoinMarketCap data, the SAND native token was trading at $2.11 with a market capitalization of $1.67 billion at the time of writing.
Sandbox has grown at a rapid pace throughout the years, achieving a compound annual growth rate (CAGR) of 26.5% as a result of various collaboration agreements: At the time of this writing, Sandbox has more than 200 partners. The Sandbox’s value has increased by more than 11,600 percent in the last year. The Metaverse’s value is expected to rise as more people get interested in it. Atari, Snoop Dogg, and Adidas are just a few of the high-profile partners that The Sandbox has previously partnered with, which could give it an advantage over its competitors. Other notable backers include Galaxy Interactive, Kingsway Capital, and Polygon Studios.
Theta Network (THETA)
THETA is a decentralized video distribution network that tokenizes bandwidth and time, to enable a next-generation content delively network (CDN). The Network uses it’s native cryptocurrency, the THETA token, which is a blockchain-based incentive layer designed to significantly cut CDN costs. Token holders of Teta’s technology can receive incentives by staking their time or bandwidth on the peer-to-peer network, which distributes content.
Low latency and high-quality video streaming are made possible by Theta’s unique innovation. THETA, is also used to reward node operators for their participation in the network by providing a monetary incentive. It’s no surprise that the Theta Network (THETA) team consists of seasoned entrepreneurs and engineers who have established successful businesses. The project is supported by prominent investors such as DCG, BA Capital, and Polychain.
FIREPIN Token (FRPN)
FIREPIN token (FRPN) aims to be the most popular NFT game development and Metaverse token for anyone who wants to buy, sell, and trade virtual goods in the Metaverse. FRPN token holders will be in charge of the project’s future growth and development as it transitions from a centralized organization to a decentralized autonomous one (DAO). The token’s reflection mechanism taxes all transactions at 2% and distributes a portion of the money to holders. Long-term investors are also receiving more FRPN each week as a bonus.
The total FIREPIN Token (FRPN) supply is 100 billion tokens over all protocols; 30 million tokens will be held for a presale that begins on May 2nd and runs through May 20th. This is the final opportunity for investors to buy FIREPIN Token (FRPN) at its lowest possible price.
Cryptocurrency investors who want to take full advantage of the next generation of cryptocurrency can consider buying all three tokens on this list to diversify their portfolios.
The cryptocurrency sector is currently experiencing regulation and consolidation, which could lead to widespread acceptance.
The presale for FIREPIN can be viewed by clicking on the links below. Additionally, you may monitor the team’s progress and get answers to your questions via their social media.
Join Presale: https://presale.firepin.io/register
Website: https://firepin.io/
Telegram: https://t.me/FIREPINOFFICIAL
Twitter: https://twitter.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/2022/05/top-three-metaverse-coins-most-likely-to-make-you-a-millionaire-sandbox-sand-theta-network-theta-and-firepin-token-frpn