List Of Cryptos That Focus On Metaverse Projects, Suitable For Investment In 2023? But Still DYOR!

List of cryptocurrencies that focus on developing the metaverse. (Photo; Doc. Tech Rise Media)

JAKARTA Metaverse experienced increased popularity last year, along with the entry of Mark Zuckerberg's company, Meta, to focus on developing the virtual world. Call it a number of leading metaverse projects such as Sandbox, Decentraland, Enjin, and others.

In fact, Web3 is also gaining momentum and allows it to integrate with blockchain-based digital assets, both crypto and NFT, and the metaverse platform. This invites the entry of a number of top celebrities such as Paris Hilton, Eminem, gelg Dog, Justin Bieber, and so on.

It doesn't stop there, multinational companies also enter the Web3 industry, including Samsung, Nike, Adidas, Louis Vuitton, Tag Heuer, and various other leading brands. The companies have purchased virtual land in the metaverse.

At the same time, a number of metaverse projects also experienced a significant increase last year as happened to The Sandbox (SAND). Paris Hilton is one of the leading artists using the metaverse platform The Sandbox. SAND is a crypto token created by The Sandbox, and is already trading on leading crypto trading platforms.

Lalu apa saja kripto yang berfokus pada metaverse? Berikut ini tiga proyek metaverse yang terus melakukan pengembangan metaverse!

Decentraland is a metaverse platform that appears with the potential to become a huge metaverse ecosystem. This popular virtual gaming metaverse allows players to develop and monetize 3D virtual real estate. Each part of the virtual land purchased in Decentraland is NFT, which is irreproducing.

Users can buy a piece of virtual land to build their own environment, markets, and applications. They can also hold live music concerts, conferences, exhibitions, etc. MANA is the original cryptocurrency of this ecosystem.

Meanwhile, for MANA crypto, at the time of writing, MANA is trading at IDR 5,934 per token. MANA had broken its all-time high price (ATH) on November 25, 2021 at a price of IDR 83,590. Currently, MANA ranks 59 according to Coinecko data.

The virtual world of blockchain game Sandbox allows gamers to build, own, and monetize the gaming experience on the Ethereum blockchain. SAND is the platform's main utility token.

This platform allows users to create and sell voxel assets (in computer-based or graphical simulations) and digital multiplayer gaming experiences. Users can design virtual worlds that include characters, buildings, works of art, events, and resources, and control how these worlds interact with each other.

Launching NFT Evening, players can design their assets or voxel experiences, such as games, diorama, and art galleries, using the platform's 3D voxel modeling and NFT creation package, VoxEdit, or Game Maker. This can be monetized to make money.

SAND is a token made by The Sandbox. SAND ranks 49th in the crypto rankings. The token is trading at IDR 8,579 when this article is written. SAND had written its ATH on November 25, 2021 at a price of IDR 119,911 per token.

Currently, the price of SAND has fallen by 92.8 percent from ATH as a result of being dragged down by the crypto market caused by the collapse of LUNA in May and FTX in November. Both cases have even dragged most of the market-traded cryptocurrencies.

Gala is a blockchain gaming platform that combines non-exchangeable token advantages with the sensation of playing games to create a platform where players can freely trade items in games. It also includes various blockchain-based social games aimed at fostering relationships and connecting people.

GALA is used as a non-returnable utility token and a medium exchange for the Gala Games ecosystem. It aims to provide a viable and secure form of payment and settlement among Gala Games players, for example, to pay for digital products or items in the game.

GALA can also be used to buy digital products such as NFT through game stores and player marketplaces. Players can also create and customize their avatars. Gala is not as popular as Decentraland or Sandbox. However, this provides good competition for other metaverses. At the time of writing, GALA is trading at IDR 384 per token. GALA broke through ATH on November 26 at a price of IDR 11,780.

Unlike MANA and SAND, this engine focuses more on creating in-game NFT items. This project has successfully launched a software development kit (SDK) to facilitate the process of making Ethereum-based NFTs intended for general users considering that NFT assets are the most important part of the metaverse space.

The advantage of printing NFT on the Enjin is that users are not required to find a long-consuming NFT buyer. The NFT Enjin can be exchanged for the return of Enjin's main coin, namely ENJ. Therefore, the conversion of NFT to ENJ can provide instant liquidity. With this advantage, the engine has the potential to be the most important part of the metaverse industry.

At the time of writing, ENJ is trading at IDR 4,635. Meanwhile, ATH ENJ was inscribed on November 25, 2021 at the level of IDR 68,839 per token. Currently, ENJ has a sequence of 110 in the list of leading cryptocurrencies.

Similar to The Sandbox and Decentraland, Bloktopia comes with a VR metaverse game and has a 21-story skyscraper called Reblok. This represents a maximum supply of 21 million Bitcoin BTC. Bloktopia is intended to be a hub event, a place to socialize, work, and so on. Every Reblock floor can be rented out to other users.

The difference is, Bloktopia is built on the Polygon network (MATIC) to support its four most important points, namely learn (learning), earn (making), play (playing), create (creating).

Referring to the four main points above, the first is learning. Bloktopia will be a learning space on blockchain and its way of supporting the metaverse. This project presents a more interactive way of studying crypto.

Then the second, earn, where Bloktopia adopts play-to-earn games through BLOK native tokens, Reblok virtual real estatew, and also through Adblok, a space for advertising. Bloktopia players will generate BLOCK tokens or rewards in the form of items.

Meanwhile, for the price of BLOK, when writing is trading at a price of IDR 33 per token. BLOK had experienced a significant increase on October 31, 2021, at a price of IDR 2,536 per token.

That's a list of cryptocurrencies that focus on the metaverse project. Even so, those interested in investing in the metaverse project are expected to do research or DYOR (Do Your Own Research) first.