The crypto industry has had a few major trends over the past few years, but so far, the metaverse sector seems to be the one with the most potential. Not only does it offer users a visual experience, but it also includes the previous hit trends such as DeFi and NFTs. And, users get to play games and earn money while doing it, which is enough incentive for even the crypto skeptics to give them a try.
Of course, playing games for fun is one thing, but investing is quite another, which is why finding the right project to support and engage with is of dire importance for every investor. But, the metaverse is expanding rapidly, and there are more and more projects in this category with every passing day. That means that it is becoming more difficult for users to figure out which projects are good and reliable, and which ones are simply trying to ride the metaverse wave and get some money before the hype passes.
To help with that, we came up with a list of 7 metaverse coins that you should keep an eye on in days to come. Starting with April 2022, and then beyond, these are the projects that we see as worthy of your attention.
1. MyNeighborAlice
The first on our list is a project called MyNeighborAlice. This is a farming-themed play-to-earn game inspired by major gaming hits, such as Animal Crossing and Minecraft. Just like in these games, MyNeighborAlice allows players to explore its world, collect resources, build various new items with the things they collect and use them to build their settlement.
The allows users to purchase digital land — islands — which come in the form of NFTs. These islands are then theirs to decorate and use in any way they wish, and players will remain their owners for as long as they have the corresponding NFT. The game also uses the play-to-earn (P2E) model that allows players to earn actual money in the form of ALICE tokens and NFTs, that can later be converted or sold.
The game has already attracted a lot of attention, and it is among the higher-ranking metaverse projects, which is why we have no doubt that MyNeighborAlice is here to stay.
To learn more visit our Investing in MyNeighborAlice guide.
2. Star Atlas
Next up, we have Star Atlas, which is a massively multiplayer online game taking place in the project’s own gaming metaverse. Built on Unreal Engine 5, the game offers cinema quality, as well as real-time environments.
The game takes place in 2620, which puts it in the category of Sci-Fi games. In the distant future six centuries from now, there are three major factions that are waging war in order to claim resources and take control of the world. Those include humans, sentient androids, and a group of different alien races.
Apart from having multiple factions, the game also combines multiple genres. It is a strategy game, an RPG, as well an exploration-type game, and even partially a flight simulator, thanks to the fact that players can explore stars and planets independently through first-person flight. Once they start, players much choose a faction, and then start the game in the faction’s security zones, with no combat. This is where they explore the base game and learn how everything works.
To learn more visit our How to buy Star Atlas guide.
3. Mines of Dalarnia
Moving on, we have Mines of Dalarnia — another emerging action-adventure game based in the metaverse, with this one also featuring a blockchain real estate market. The game is quite simple to understand, but that doesn’t make its gameplay any less captivating. Players are dropped in the MoD world where they can mine for resources and combine various items to improve their quality, or even create new items from resources that they managed to find.
Some of the resources are quite common, while others are exceptionally rare. There are also various artifacts and relics to be found, quests to be completed, and monsters to be defeated. MoD also uses NFTs, which is where the game’s marketplace comes into play. This is where players can buy and sell NFTs freely, without ever having to leave the Mines of Delarnia’s ecosystem.
To learn more visit our Investing in Mines of Dalarnia guide.
4. Starlink
In the fourth spot, we have Starlink. This is a metaverse project that offers an adventure through the cosmos on which players can go alone, or with others. During their travel, they can discover various space stations where they can meet people, trade various items, including NFTs, and access new gaming experiences and entertainment.
The game allows you to modify your ship, as well as learn and create new items through a fairly simple crafting process. Its native cryptocurrency, the STARL token, is at the heart of the entire ecosystem, and it will act as your key to the entirety of the game and the metaverse. Starlink claims to be the first truly decentralized metaverse, with everything being 100% unlocked, renounced, and community-driven.
5. Highstreet
Moving on to fifth place, we have Highstreet, which is a decentralized, commerce-centric metaverse that specifically focuses on the P2E aspect of this technology. It is also worth noting that the game was built with VR support, which will surely quickly make it one of the favorite experiences in the VR community.
The project managed to ensure a two-way currency flow between the virtual and physical worlds, but other than that, it also created a market where users can redeem in-game items and get real-life produce21
ts. Meanwhile, while they are in the game, they are free to explore the metaverse, fight monsters, go on quests, and acquire rare goods and materials that they can then redeem and get something in return.
The project is quite interesting and unique as it aims to change the way the next generation or detail will work, simply by making online purchases more entertaining.
To learn more visit our How to buy Highstreet guide.
6. Darwinia Network
Nearing the end of the list, we have Darwinia network, which is a Web 3.0 cross-chain bridge hum created on Substrate. The project has major applications in multiple sectors, including gaming, DeFi, and NFTs.
Darwinia Network’s metaverse features a game called Evolution Land — a game set in a fictional world featuring 26 continents, where each is deployed on a different public chain. In other words, the project is also deeply tied to interoperability, and the same can be said about its native cryptocurrency, the RING token.
Users can use RING for making payments, such as purchasing NFTs. NFTs themselves bring ownership of land, allowing users to mine resources tokens. They also get to earn money from GameFi farming elements and experience the full fun of cross-chain trading, architecture, and even war. There are NFTs from a variety of chains available, featuring NFTs from over 10 blockchains, with more to come in the future.
7. Torum
Finally, the last on our list is Torum, which is a SocialFi metaverse ecosystem that was designed specifically for crypto projects and users. Apart from being classified as the metaverse project, Torum also has a spot in the Web 3.0 sector, as its Web3 ecosystem was created on a social media platform, that exists at its core. The platform is integrated with a yield farming hub, specially made for DeFi players.
Next, it also has an NFT marketplace, where crypto artists can sell their art, as well as Avatar NFTs for those who prefer to focus their attention on the metaverse. Torum’s long-term goal is to become a safe, open, interconnected entry point for everyone interested in joining the crypto industry, learning more about it, earning from it in a fun way, and more.
As such, we also view it as a project that can be very helpful when it comes to pushing crypto and blockchain adoption efforts.
Conclusion
The metaverse sector is only a few months old at this point, and that means that it is still in its infancy stage. But, many of the projects emerging right now have the chance to go big and reserve their place in the future of blockchain as early metaverse movers. That might also mean that many of them will see massive price growth in years to come, and while we cannot guarantee that it will happen to the projects mentioned on the list, they all seem to have a clear idea of what they wish to achieve, how to do it, and why that is needed, which is encouraging.
In the end, you do not have to invest in any one of them, but if you find one or more that you like, do keep an eye on them in the coming months.
The post 7 Metaverse Coins that You Want to Keep an Eye on in April 2022 appeared first on Securities.io.
