Place/Date: - May 29th, 2022 at 3:12 pm UTC · 4 min read
Source: Mushe Token
Nowadays, the metaverse is becoming more popular and new projects are popping up every day, which makes it difficult to distinguish legitimate projects from the sea of imitators. We have identified the five most notable metaverse projects at the moment.
The Mushe Token (MXU) is an ERC20 cryptocurrency on the Ethereum (ETH) network and is a utility token used throughout MusheVerse. It is the metaverse name for the Mushe Token (MXU), a concept that brings together all the products and features that make up the project ecosystem.
It includes the Mushe Wallet, a multi-cryptocurrency wallet for securely storing tokens containing NFTs. The MusheVerse also offers exciting contests and digital peer-to-peer games that users can earn and use. Users can also buy virtual land in the MusheVerse, which is becoming a trend in recent Metaverse projects.
The Mushe Token (MXU) is the latest in these projects and is currently in its first presale stage. If you purchase a Mushe Token (MXU) during this period, you will receive a 50% reward. On May 24, 2022, the first phase of the presale will end, followed by the second phase, and on July 4, 2022, the token will be launched. The total supply of Mushe Tokens (XMU) is set to 777,000,000. Of the 777,000,000, 30% of the total will be distributed during the presale event.
The Sandbox (SAND) develops an Ethereum-based metaverse. This Metaverse allows users to purchase and exchange virtual lands and other digital items such as avatars, clothing, and equipment using the ecosystem’s native utility token, SAND.
The Sandbox (SAND) also includes a variety of other fun activities and games that users can participate in, just like regular video games. The only difference is that sandboxes allow users to earn real rewards in the gaming world. As a result, one can earn additional income while playing.
ApeCoin (APE) is a native token of the BAYC Metaverse currently under development. Thanks partially to its great financial leverage and strong community support, this project is very promising for investors looking forward to innovative initiatives.
In less than two years, ApeCoin (APE) has reached a market capitalization of over $3.5 billion and has become one of CoinMarketCap’s top 50 coins.
On the Ethereum blockchain, ApeCoin (APE) has integrated its tokens into a decentralized autonomous organization. It ensures community-level decision-making transparency and accountability and ultimately empowers everyone who invests in the project.
Decentraland (MANA) was able to claim its position as a game-changer in the Crypto Metaverse. Founded in 2017, Decentraland (MANA) has been competing for the top spot with other noteworthy tokens, including Sandbox (SAND).
Decentraland (MANA) will be released in 2020 and aims to provide several features it claims are only available on its protocol. Developers aim to provide a virtual reality platform created on the ETH network. Decentraland (MANA) provides users with the opportunity to make money from user-created content.
You can use Decentraland (MANA) to buy virtual land that you can develop or trade with other users. It is important to note that all lands on that metaverse are publicly owned NFTs.
Axie Infinity (AXS) was announced to the world during the blockade of the COVID-19 pandemic. At that time, people were looking for different ways of passive or active income.
Axie Infinity (AXS) has become a popular P2E gaming network that allows users to play games and earn money. The remarkable thing about it is that they are NFTs. The Axie Infinity (AXS) virtual world is very popular not only in Asian countries but also in many other parts of the world. Playing games with Sandbox (SAND) and Decentraland (MANA) generated total revenue of $4 billion.
The Metaverse is among the most promising sectors for the future of cryptocurrencies. Together with DeFi, GameFi, and NFTs, it has the potential for great success. All the cryptocurrencies stated above have enough potential to rule the crypto world in the future. Investing in any of them would be a great investment choice.