- The metaverse market is growing and bringing a lot of investment opportunities.
- Top Opportunities are discussed below.
Today, the world is changing very rapidly. In this rapidly changing world, technological advancements are happening daily. And one of the most famous and popular technological advancements of current time is the Metaverse. It is in its nascent stages, and still, it has gained a lot of hype in the market. Metaverse provides users with the perfect opportunity to explore the world virtually.
Metaverse is a new but very rapidly expanding technology. The pace at which it is expanding indicates that it will become a reality in the near future. The main reason behind this assumption is that many big companies are putting a lot of effort into converting this imagination into reality. In this article, we will discuss the top 5 such projects that you should know about as an investor.
Top 3 Metaverse projects
- Decentraland
This is one of the most significant metaverse projects to date. This is because it has already made much progress in developing the Metaverse. Today, the worth of Decentraland has already crossed 5.6 Billion Dollars. It has its own currency, which will be used in this Metaverse. This currency is called the MANA token. This currency will be used in Decentraland to purchase various goods and services. There are various ways in which you can invest in this Metaverse.
- Buying real estate
Recently, in an interview, the chief executive of token.com, Andrew
Kiguel, even mentioned that buying land in the Metaverse today is
equivalent to buying land in central Manhattan 250 years ago. You can
also buy land in Decentraland. Also, you can even build structures on
this land without prior coding knowledge.
- Another smart way of investing in this project is by buying the Mana token of Decentraland. The value of mana will rise proportionally with the growth of this Metaverse.
- Sandbox
You must be aware of the Sandbox as a popular game. But today, it is not limited to just a game. It is now a metaverse with 166464 plots of land. That the users can own. Sandbox also has its own cryptocurrency, which will be used in this Metaverse for transactions. This cryptocurrency is called the SAND token, which is built on top of the Ethereum network and follows its EC20 token standards.
Sandbox is also the biggest competitor of Decentraland in the metaverse project. In Sandbox, you can even create your own customized avatar at a very low cost and explore the world of the Metaverse.
- Meta Space(MLD)
This is a unique platform that provides you with multiple facilities and services. The unique thing about this project is that it is built on the concept of decentralization. It provides its users with a ton of features to entertain them. These features are as follows:
- Gaming
This project provides you with the features of a real metaverse gaming experience. The interesting thing about this project is that you can even earn real money by gaming.
- Shopping
It has its own marketplace in which you can shop. Well-established brands have already established themselves in this marketplace.
- Entertainment
It even often organizes shows and concerts that users can enjoy while still in the Metaverse.
