It’s all about the metaverse right now. Which is why we’re going to be going over the top 3 metaverse cryptos to get into in 2023 for massive gains. Now if you don’t know a lot about this niche you should obviously research it a little bit, but I do believe it’s the future. Considering how big the online gaming industry already is. And of course, I’m not saying you should buy any of these coins, but I am a strong believer in each one of them. (aka not financial advice) But let’s get right into our picks.
Also, if you’re still on the hunt for a great crypto exchange, we’ve got 5 of the best to check out right here.
1. Enjin
Enjin is a software that gives developers the ability to create and manage virtual goods on the Ethereum blockchain. It started off as a gaming community in 2009, and it’s now evolved into a platform where you can buy and sell NFT’s. It’s a leader in the NFT space right now. Currently Enjin has over 17,000 plus items for sale in their marketplace.
The Enjin Network lets game developers tokenize any in-game assets or items. For doing this, the native token ENJ, an ERC-20 token is in use. In other words, any blockchain asset in-built in a game can be backed by the Enjin token! As a result, when any player unlocks an item, they can not only use them in-game but also trade and sell them in return for ENJ tokens. Honestly the future looks extremely bright for Enjin and the sky is the limit.
2. Decentraland
Decentraland is a software running on Ethereum that seeks to incentivize a global network of users to operate a shared virtual world. Decentraland users can buy and sell digital real estate, while exploring, interacting, and playing games within this virtual world. Over time, the platform has evolved to implement interactive apps, in-world payments, and peer-to-peer communication for users.
MANA that’s your token, so MANA is burned or spent in exchange for land parcels. Land is a non-fungible digital asset maintained in an Ethereum smart contract. This whole thing could be big considering there is a finite amount of virtual land that will be available if this really takes off. Another reason we like Decentraland is because Atari is one of the biggest investors in this project, and they’ve dumped massive amounts of money in it to make sure it succeeds. There is a little bit of risk built into this one, but as they say no risk no reward.
3. Sandbox
Our final best metaverse crypto project for 2022 is Sandbox. The Sandbox is software running on Ethereum that operates a decentralized virtual gaming world. Basically, the Sandbox is a game in which players can buy digital plots of land, called LAND, and create experiences on top of them to share with other users. In this way, The Sandbox is one model of a blockchain-based metaverse in the same vein as Decentraland.
In addition to the NFT-type LAND token, The Sandbox has two other native tokens that govern the operations in its metaverse: SAND tokens – Used to help transactions that are part of its gameplay, including purchasing LAND, interacting with user-generated content, and staking it to participate in the governance of the decentralized autonomous organization (DAO). ASSET tokens – Non-fungible tokens (NFTs) representing in-game items such as equipment for avatars and creations that are used to populate LAND. They can be traded in The Sandbox’s marketplace.
Where to Buy Crypto? – Binance US
Binance US is a great experienced or even newbies in the crypto world. United States investors from most states in the country can trade more than 60 plus cryptocurrencies. Binance US has features that cover both beginner and expert traders. You can trade, buy, or sell in a few clicks using the platform’s app and browser integration with no middleman involved. An OTC Trading Portal is useful for larger trades over $10,000.
With low fees and discounts when using BNB, Binance US is excellent as an all-in-one crypto trading platform and digital wallet. If you are looking to cut out fiat conversion, you would find Binance US particularly useful.
Final Thoughts
We hope you enjoyed our picks for the top 3 best metaverse crypto projects for 2023. Adding some metaverse cryptos to your portfolio would be a smart play for just about anyone. It’s important to educate yourself more about each project before buying in, and its also helpful to get active around the built in communities online for them as well. If you would like to see some more great cryptos we’ve hand picked click here.
