Recent announcements from the giant Facebook have drawn the attention of Internet users to the virtual world. What is Metaverse and how does it relate to blockchain? Find out everything in this guide. We also present you the list of the best crypto metaverse available in the market. Finally, we are going to see the details on the steps to follow to invest in these assets
Metaverse: The 10 Best Metaverse Cryptos
Find in the following table the 10 best metaverse crypto currencies as well as their respective market capitalizations.
Rang Crypto monnaie Code Capitalisation du marché
1 Axie Infinity AXS 7 358 567 705 $
2 The Sandbox SAND 5 736 706 438 $
3 Decentraland MANA 4 937 127 394 $
4 Enjin Coin ENJ 2 733 286 682 $
5 Render Token RNDR 955 975 073 $
6 DeFi Kingdoms JEWEL 891 745 074 $
7 Illuvium ILV 774 075 475 $
8 UFO Gaming UFO 739 398 193 $
9 Mobox MBOX 606 500 676 $
10 Yield Guild Games YGG 508 396 767 $
What is Metaverse Crypto? Opinion
Metaverse is the contraction of "Meta" which means "Beyond" and "Universe". The term was first mentioned by Neal Stephenson in his book entitled Snow Crash in 1992. He defines it as an online universe made up of several virtual spaces. In other words, the metaverse is therefore a virtual world on which you can:
Interact with other people through your avatar.
Make purchases and request services.
Explore space or cities.
A crypto metaverse is a blockchain-based currency for payments in virtual worlds. You can use them to buy digital works of art or land in online universes. Note that the objects and goods you acquire are represented by NFTs.
Characteristics of a Metaverse Crypto
Find in this table the main characteristics of a crypto metaverse.
Blockchain Variable depending on the project
Type of token Variable depending on the project
Target audience Fans of virtual reality
Exchanges Decentralized or centralized, depending on the cryptocurrency
Worlds That Exist in Crypto Metaverse – Top 6
Find in this part the details on the Top 6 worlds that exist in the metaverse.
Axie Infinity: a blockchain-based online game
The Sandbox: a marketplace and a virtual world
Decentraland: a Virtual Reality platform based on Ethereum
Enjin Coin: a crypto based on Ethereum
DeFi Kingdoms: pixel game based on Harmone One
Wilder World: 5D Metaverse
1 – Axie Infinity: Blockchain Based Online Game
Axie Infinity is a blockchain-based game directly inspired by Pokémon and Cryptokitties. It was developed by Sky Mavis studio in 2018. The goal is to breed Axies whose deed of ownership is represented by NFTs. You must then prepare them for battles and participate in duels to obtain tokens. You earn AXS with each victory or following the sale of your virtual animals.
AXS is the native token of Axie Infinity. Here are its characteristics:
Core Blockchain: Ethereum
Exchangeable only for ETH
“Play to earn” operation: you have to play to win AXS
Exchange possible on Binance (EHT/AXS)
2 – The Sandbox: Marketplace and Virtual World
The Sandbox is both a marketplace and a virtual world. The platform allows you to create content such as decorative objects or avatars. You can then sell them to other users or use them to build your own world. It is even possible to develop new games.
SAND is the native token of The Sandbox. Its main characteristics are:
Core Blockchain: Ethereum
Token Type: ERC-20
Required to access features and purchase content on The Sandbox
Offers the right to vote
Possible staking
Redeemable for ETH and USDT on Binance
3 – Decentraland: Virtual Reality Platform Based on Ethereum
Decentraland is a VR (virtual reality) platform based on the Ethereum network, similar to Second Life or Minecraft. It allows its users to buy land called LAND on which it is possible to make various constructions. For example, you can create a house or even organize concerts.
MANA is the native token of Decentraland. It is mainly used to make purchases on the platform and to access features. Here are its characteristics:
Core Blockchain: Ethereum
Token Type: ERC-20
Redeemable on Binance for Bitcoin, Ether, Binance Coin or USDT
4 – Enjin Coin: Crypto based on Ethereum
Enjin Coin is a cryptocurrency created by the Singapore-based company Enjin. Its developers aim to make the ENJ token a staple in the metaverse. Discover its main features:
Core Blockchain: Ethereum
Token Type: ERC-20
Redeemable for Binance Coin, Bitcoin, Tether, Ethereum and other altcoins on Binance
Many other uses
5 – DeFi Kingdoms: Pixel game based on Harmone One
DeFi Kingdoms is a pixel art game based on the Harmony One blockchain. It combines both DeFi crypto, metaverse and gaming. For example, you can buy characters or access decentralized finance functions on the platform.
JEWEL is the native token of DeFi Kingdoms. Here are its main features:
Governance Token
Necessary for NFT purchases on the platform
Staking and pool creation possible
6 – Wilder World: Metavers in 5D
Wilder World is a 5D metaverse combining virtual reality and augmented reality. This would be the best Ready Player One-esque project so far. In addition, it offers various interesting features.
WILD is the native token of Wilder World. Its characteristics are as follows:
Core Blockchain: Ethereum
Token Type: Erc-20
Conclusion Metaverse Crypto
The metaverse is the future of the technology sector. It would therefore be interesting to invest in a crypto metaverse today. In most cases, it is still impossible to buy these assets with FIAT currencies. Thus, you must first acquire ETH, BTC or even BNB and then go through an exchange to obtain it.
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