Sun. Jun 23rd, 2024

Top Metaverse Projects To Watch Out In 2022

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The metaverse trend in crypto ecosystem is gaining more momentum in 2022. Adoption of metaverse as a mainstream phenomenon is also growing. The just concluded January big tennis sporting event; Australian Open Tennis Grandslam tournament was also premiered on Decentraland metaverse. You can pay for ticket and watch from your metaverse through your Visual Reality Headset VRH. The opportunities in metaverse is endless.

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The metaverse trend in crypto ecosystem is far from over. According to Business Insider report, Facebook metaverse; Horizon World already recorded a $5 Billion revenue in few months of launch in few selected countries. Start-ups, big cooperations and governments are exploring ways to use metaverse and limit the cost of logistics in event planning and management.

For cryptocurrency investors and traders planning to reap profit from their investment in 2022, this metaverse projects should be explored. Watch out and monitor the lists below.

Decentraland MANA

This metaverse crypto price is up more than 16% within the last 24 hours. Decentraland’s MANA metaverse crypto is currently No. 1 on LunarCrush’s list of the top 10 cryptos based on social media engagement. The live market report at the time of writing shows that Decentraland has a market capitalization of $5 billion, making it the 30th-largest cryptocurrency. At the moment, investors are wondering what the latest Decentraland price predictions are.

A possible push sending the MANA token price higher is the announcement of Steve Aoki’s Australian Open metaverse party. The party occurred in the Decentraland metaverse this past weekend and hosted performances by several artists. This is significant because the Australian Open is one of the largest annual tennis tournaments and is watched by millions of people both ardent tennis fans and occasional sports lovers. As a result, Decentraland now has an increased sense of legitimacy and credibility

With the recent development in mind, Decentraland price, according to Wallet Investor for 2022 price prediction is $5.04. This prediction represents an upside of 80%. Furthermore, Decentraland Metaverse has solidified it’s metaverse as a place to watch sports. Three more major tennis Grandslam tournaments are remaining to be played in 2022.

Sandbox

The Sandbox metaverse is a subsidiary of Animoca Brands, one of the metaverse industry’s most active investors. Animoca Brands raised a $360 million funding round earlier in January, valuing the firm at $5.5 billion, more than double its $2.2 billion valuation from last October. The firm also led a $130 million Series B for Brinc in December to boost the company’s expansion into Web 3 gaming.

Sandbox partnership with American rapper Snoop Dogg and recent partnership with Warner Bros Music sent the metaverse token price up by 40%. The partnership will have Sandbox create a metaverse music theme park for Warner Music artist to hold shows, engage with their fans and generate revenue through music streams. This high profile partnership has boosted Sandbox prospects as a metaverse with value and definitely a metaverse project to watch out for.

The Sandbox’s SAND token was up nearly 6% over the past 24 hours, to $3.50 as of press time, with an upward climb starting at about 4:00 UTC.

Alien World TLM

Alien Worlds metaverse is one of the most popular Metaverse crypto coin on the market, boasting over 1 million users over the past month. Alien Worlds Metaverse is integrated with both the WAX and BSC chains, enabling multiple ways for users to earn rewards.

The game revolves around mining trillium via NFT tools that users can purchase on the WAX marketplace AtomicHub. In addition, players can stake their TLM token on the BSC chain for a period between 2-12 weeks and earn significant rewards and rare NFTs.

One of the advantages of Alien Worlds metaverse is that it has a low entry cost for new users looking to learn NFT and blockchain gaming. What is more, the WAX Cloud Wallet makes it simple for new users to set up an online wallet and purchase WAXP to interact with the Alien Worlds economy.

As one of the most popular Metaverse crypto coin, Alien Worlds makes a great bet for metaverse project to watch out in 2022, and the TLM token is worth keeping an eye on this year.

You can purchase TLM on major exchanges like Binance, KuCoin, Poloniex, FTX, and more.

Axie infinity

Axie Infinity is a “battle game” where users battle their Axies (creatures or characters) in real-time. Each Axie is a unique ERC-721 non-fungible token (NFT). Axie Infinity, the token behind its namesake play-to-earn game and the largest metaverse coin by market value, slumped 16.8% to $78.30 in the last 24 hours, according to CoinGecko data.

Axie Infinity hit a key milestone with the release of 97,556 Axies. Analysts have a bullish outlook and believe that Axie Infinity could continue its uptrend. 

Axie Infinity has gained popularity as a play-to-earn game, and the governance token’s launch has boosted the on-chain activity of the token. The side chain of the Ethereum network, Ronin, is on track to get further decentralized.

Analysts are predicting steady up price trend for AXS metaverse gaming token.

Closing Thought.

Metaverse is the real deal in crypto ecosystem at the moment, but bear in mind that the crypto market is volatile and unpredictable, therefore watch out for metaverse projects with strong marketing team. This is not a financial advise.

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