Place/Date: - May 27th, 2022 at 3:07 pm UTC · 4 min read
Source: Mushe Token
Metaverse allows users to interact in a digital space and carry out many functions such as banking, DeFi, playing games, trading NFTs, shopping, conference, meetings etc. All of this is driven by the metaverse space and blockchain technology has emerged as a strong enabler of this exciting new sector. Metaverse is a good investment theme and you can consider three cryptocurrency tokens that are building great metaverse spaces. These three coins are Decentraland (MANA), Sandbox (SAND), and Mushe (XMU).
The Sandbox ecosystem has announced the LAND road map for 2022. The Sandbox is a metaverse space powered by its native token known as SAND and a secondary token known as LAND. SAND is used to power transactions on the network while LAND is an NFT representing land ownership inside the Sandbox ecosystem. As per the latest road map published by Sandbox team, all LAND owners will be eligible to receive free airdrops.
Users will also receive attractive rewards and higher rates on staking pools. A new LAND sale system will also be launched shortly consisting of a raffle and KYC for a more fair process. Special raffle events will be organised for LAND owners and holders of SAND will be eligible to receive exclusive NFT rewards. The SAND Token has emerged as one of the most popular among the metaverse coins.
The XMU Token will be used to power the next-generation banking and gaming metaverse being built by the Mushe team. Users will be able to trade NFTs and swap tokens easily from within the Mushe ecosystem. The metaverse empire provided by Mushe will help users in accessing multiple services such as banking and DeFi, a native wallet will be provided to store tokens and exchange them from within the app. A native cryptocurrency exchange will also be provided for swapping tokens. In addition, a chat app will enable users to communicate with like-minded people on the metaverse.
Mushe aims to provide a one-stop solution for all its clients’ needs in the future. Right from banking to everyday requirements, everything could be provided by a digital network powered by the Mushe Token. Get access to the XMU Token by buying it through the presale site here. For a cryptocurrency like the Mushe Token, low fees and high speed become a necessity. This is why XMU token has been deployed on the Solana blockchain which is considered one of the best networks in terms of fees and speed. However, multiple networks will be supported in the future as the XMU Token is cross-chain compatible.
The Decentraland team has announced a fixed fee of 500 MANA for publishing wearables on the platform. This will help in protecting developers from high fees as the price of MANA has appreciated in 2022. The announcement was made via a tweet, “In October the community voted for the Wearable publication fee to be set to a stable $500, rather than 500 MANA, to protect creators from the fluctuating value of MANA which would sometimes make the fee too high.
This change will now be taking effect on May 26. A wearable publication fee is charged by the Decentraland ecosystem to discourage spam, promote high-quality wearables submissions, and also compensate the members of the curation committee. Wearables represent the different clothing items, accessories, and body features that can be used to customize the appearance of a Decentraland avatar. You can also consider the MANA Token for gaining potentially high returns in the long term future.