Best Metaverse Projects To Invest In 2022
The term “metaverse” refers to an all-encompassing digital universe in which users may communicate with one another in the form of an avatar, carry out day-to-day activities, and have the same kinds of experiences they would have in the actual world.
It’s perhaps easiest to think of the metaverse as a hybrid space that combines the advantages of physical and digital media, bringing the very best of both worlds together.
We may also think of it as the next stage in the evolution of online settings, in which the social interactions we have will become even more multifaceted, encouraging us to participate with others and connect with them in ways that have a deeper significance.
Tech behemoths such as Meta, Google, Microsoft, and Tencent are pushing forward with their respective metaverse initiatives, each with the expectation that they will play a significant role in developing this new digital universe.
Heavy heavyweights have been observed pulling out their wallets in this event, which indicates that the potential prize is rather large.
10 Highest Potential Metaverse Projects To Invest In Right Now
The good news is that because metaverse initiatives are still in their infancy, coin values are relatively cheap; in many situations, they are much less than one dollar, and in some cases, they are even less than one penny.
This makes the investment opportunity available to pretty much everyone. However, this does not simply mean that they all be deserving your financial investments.
According to CNBC, experts in the sector believe that the present bear market will likely shake out the “bad actors,” which are developers who have been more focused on earning their fortunes than developing their projects.
It is highly recommended to invest in those currencies of the metaverse that have demonstrated promise by either their performance, their utility, or their significant financial support – or all three.
The following list contains several potential currencies for the metaverse cryptocurrency market in 2022.
Also Check: Best AR Games You must Try in 2022
1. DECENTRALAND(MANA)
One crypto metaverse project that has gained a lot of attention recently is called Decentraland. This project is known as Decentraland. This was in part because of the excitement around NFTs, which also resulted in huge increases for the platform’s native tokens, known as MANA.
The portal quickly became popular among NFT owners, who began utilizing it to display their tokens. On the other hand, NFTs are not the only thing that may be found on this metaverse platform.
You may also build virtual games and other digital goods, in addition to the fundamental function of being able to acquire virtual property.
2. SANDBOX(SAND)
The crypto metaverse project known as The Sandbox has demonstrated remarkable performance recently. SAND, the native token of the platform, had been steadily increasing in value throughout 2021, and it eventually broke the $1 threshold in the fourth quarter of that year.
Since then, it has continued on an upward track, reaching $8.40 in November of last year. However, along with the majority of cryptocurrencies, if not all of them, the price has subsequently taken a plunge and is currently trading at $1.43, which is up 66 percent from a month ago.
The crypto metaverse project known as The Sandbox has demonstrated remarkable performance recently. SAND, the native token of the platform, had been steadily increasing in value throughout 2021, and it eventually broke the $1 threshold in the fourth quarter of that year.
Since then, it has continued on an upward track, reaching $8.40 in November of last year. However, along with the majority of cryptocurrencies, if not all of them, the price has subsequently taken a plunge and is currently trading at $1.43, which is up 66 percent from a month ago.
3. APECOIN
Because APE is what’s known as an ERC-20 token, the Ethereum blockchain is the platform on which it may be found. As a governance token as well as a utility token, it bestows upon its holders the privilege of participating in the administration of the APE ecosystem.
Additionally, it grants them access to games and other products and services that are only available to ApeCoin holders. In addition to this, a portion of the available supply of that APE is being taken out of circulation in an effort to drive up the price.
Nobody can say for certain whether or not that will be successful. If the initiative is successful, investing in APE today at its rock-bottom price might result in a substantial return on investment later on. In the event that the initiative is not successful, however, the ApeCoin will have no value.
4. HIGHSTREET
Highstreet is an intriguing metaverse project that offers support for virtual reality and has potential, at least in terms of the apps that can be run in the metaverse. To begin, the money known as HIGH may be used to make purchases anywhere inside of this virtual environment.
There are already several Shopify stores that have been included in the platform. Because it supports gaming and is looking at NFTs as well, it appears to be current with the most recent developments in technology and cryptocurrency.
In addition to this, HIGH may now be purchased on Coinbase. This project already achieves, from a real-world or meta-world point of view, what the technology behind the metaverse hopes to accomplish in the foreseeable future.
This might be an excellent choice for you if you are an investor who places a high value on doing what is realistic.
5. METAHERO
The creation of high-definition avatars based on real-world items and people is at the heart of a brand-new initiative called Metahero, which makes use of 3D scanning technology.
There is a scanning room in Doha for this company that is capable of scanning physical things and producing a digital, 3D representation of them for use in the Metahero realm. In order to accomplish this goal, Metahero has collaborated with Wolf Studio.
As per latest report HERO has total market capitalization of $46.31 millon. Because the project is still in its early stages of development, when compared to other tokens on this list, that sum is quite small.
6. FLOKI INU
Even if Floki Inu is yet another cryptocurrency based on a dog meme, it is still in the race for a viable place in the metaverse, particularly for those who are interested in cheap cryptocurrencies.
According to the website for the project, one of its goals is to integrate memes with real-world use cases. Additionally, it states that it will develop a gaming platform in addition to a marketplace for NFTs, in addition to a content and education system.
People are still purchasing FLOKI tokens despite the fact that this project is in the early stages of development. As of the 19th of July, Floki Inu had a market value of $90.53 million and was trading for $0.000009495 per coin.
7. STAR ATLAS
The Star Atlas project is a metaverse endeavor that is centered on a game that features eye-popping visuals. The year 2620 is shown in the game, which occurs in the future, and players have the opportunity to explore a very futuristic landscape while also accumulating resources.
A recent partnership between the metaverse and iBuyPower, a PC manufacturer that will serve as Star Atlas’ hardware provider, is a transaction that is anticipated to result in an increase in the game’s player population.
Playing the game will allow you to acquire a metaverse token known as ATLAS. This token will be used in the game. Imagine it as a typical reward-based video game in which you gain coins by completing tasks and playing the game overall.
In this particular instance, however, the incentives have the ability to bring about advantages. The fact that the game is based on Solana provides it the benefit of having minimal transaction costs in comparison to other projects that are based on Ethereum.
It now has a market size of $18.7 million, and each coin costs 0.008654USD.
8. TERRA VIRTUA KOLECT
Terra the origins of the Virtua Kolect project can be traced all the way back to 2017, a time when NFTs did not even exist. Notwithstanding this, it is now a virtual world in which NFTs play a central role.
Utilizing indigenous token TVK, you are able to generate NFTs, sell them, and buy them from other members. The fact that this concept is dependent on NFTs gives it enormous potential in light of the recent spike in investment in NFTs.
According to CoinMarketCap, the platform is compatible with contexts involving the web, PCs, and augmented reality/virtual reality. Recently, Terra Virtua adopted the Cardano blockchain in order to assist in making its marketplace more environmentally friendly.
According to NFT Evening, it has previously incorporated Polygon, the first blockchain with a positive carbon footprint.
9. ENJIN
Enjin is similar to other games in that it features a significant amount of metaverse currency. It is a gaming environment modeled after a metaverse in which players may “mine” the local token known as ENJ.
This token can then be used to purchase in-game items that will assist them in advancing through the game. ENJ may be used to pay for everything and everything in the game, including medication and the upgrading of your character’s features.
Therefore, it’s likewise similar to a marketplace. Enjin is a blockchain-based platform that was built on Ethereum and now has a market valuation of $543.67 million.
Recently, Enjin made available more than one hundred different games and applications by launching the very first NFT para chain ever on Polkadot.
10 . EPIK PRIME
A metaverse project called Epik prime has shifted its focus entirely to non-fungible tokens (NFTs). PancakeSwap, Hotcoin Global, KuCoin, and Huobi Global are all places where you may trade the cryptocurrency known as EPIK.
According to recent data from CoinMarketCap, Epik has total of 300 gaming customers along with licenses NFT artifacts followed by experiences to firms like Warner Music and Universal, which is clearly showing that it is surely going to bounce back from where it is currently now.
EPIK was only made available for purchase a year ago and currently has a market worth of $4.3 million. Although it is the least significant of all the currencies on our list, the fact that large corporations have already found uses for it makes it worthwhile to take into consideration.
There are currently 2 billion coins in circulation which is just 17% of the total supply of 2 billion coins.
