Place/Date: - May 20th, 2022 at 10:02 am UTC · 4 min read
Source: Mushe Token
The Metaverse is rapidly becoming the most desirable location. No wonder it has been nicknamed the internet’s future: the newest trend in technology, is an entirely immersive and digital world.
The Internet is rapidly evolving, with the gaming brand Fortnite presenting concerts and events online, virtual reality experiences, and the ability to purchase digital real estate.
When Facebook became Meta last year, Enjin Coin (ENJ) saw phenomenal growth and is now, a brand-new coin leading its Metaverse adventure. Newcomer Mushe Token (XMU) is now in its presale phase and has already seen rapid growth. Let’s examine both of these tokens in-depth and why you should include them in your portfolio.
Enjin Coin (ENJ) is one of the most promising GameFi crypto coins for the next several years. This cryptocurrency’s underlying entity provides a suite of integrated solutions that ease the construction and launch of NFT projects. Enjin (ENJ) plays a crucial role in the GameFi environment, and the development of the NFT industry in this manner.
Enjin enables users to develop and manage NFTs. It interacts with different gaming platforms and enables users to utilise a single item across several games or sell it on Metaverse markets.
Before NFTs, if you purchased a sword for use in a certain game and that game closed or you quit playing, you lost the sword. You now own the item regardless of what transpires in the game. And Enjin facilitates this process.
The Enjin platform offers software development kits, gaming plugins, cryptocurrency wallets, and payment options to developers.
To earn digital assets with Enjin, you must lock tokens inside a smart contract. Enjin is used to directly support the value of non-fungible tokens, issued inside the Enjin ecosystem.
Enjin Coin (ENJ) is a major participant in the NFT and Metaverse markets, with approximately 20 million registered players on one of the biggest blockchain-enabled gaming platforms in the world. If this kind of community cannot stably increase the value of a currency, many investors are left to question what will.
The Mushe Token (XMU) presale has gone off like a rocket. The price of XMU has increased by 480 percent from its initial presale price of $0.005 to $0.029, with just a few weeks left till its official debut.
Behind the initial excitement about XMU is growing confidence in its long-term possibilities. Rather than concentrating primarily on the notoriously volatile nature of the cryptocurrency market, XMU will serve as the primary exchange medium for an ecosystem that seamlessly integrates fiat and cryptocurrency transactions.
Mushe Token (XMU) is a decentralised token that enables P2P interactions, incentives, and governance. The project includes various services, such as Mushe Wallet, Mushe Chat, MusheVerse, Metaverse Banking, and even NFTs.
Mushe Token’s first step toward realising its objective is the launch of Mushe Wallet, an application that enables users to purchase, exchange, and receive a range of fiat and cryptocurrency assets.
As the XMU ecosystem grows, including the soon-to-be-launched Mushe Swap De-Fi market, the advantages of Mushe Wallet will only increase.
Mushe Swap will be a comprehensive DeFi solution, first designed to compete directly with Uniswap (UNI) and PancakeSwap (CAKE).
These initiatives are meant to give investors immediate rewards, while also laying the groundwork for Mushe Token’s (XMU) greatest achievement: the MusheVerse, full e-commerce, and digital banking network.
The MusheVerse will be a seamless platform for the interoperability and exchange of fiat currency and cryptocurrencies. It is being created as an extension of the Mushe Wallet and Mushe Swap, to serve the financial interests of its users in any market, from routine transactions to complicated long-term investment strategies.
Enjin Coin (ENJ) and Mushe Token (XMU) have different use cases and give their customers several benefits. A fundamental feature of both tokens is generating passive income via token ownership. You may also choose to reinvest your earnings, to expand your holdings and hopefully your profits in 2022.