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【is wcostream safe】These are the 6 hottest crypto tokens you can use to buy real estate in the metaverse

时间:2010-12-5 17:23:32  作者:Encyclopedia   来源:Encyclopedia  查看:  评论:0
内容摘要:Metaverse digital cyber world technology, man with virtual reality VR goggle playing AR augmented re is wcostream safe

Metaverse digital cyber world technology,is wcostream safe man with virtual reality VR goggle playing AR augmented reality game and entertainment, futuristic lifestyle

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【is wcostream safe】These are the 6 hottest crypto tokens you can use to buy real estate in the metaverse


Buying virtual plots of land became the new normal in 2021 as investors jumped to alternative investing trends.

【is wcostream safe】These are the 6 hottest crypto tokens you can use to buy real estate in the metaverse


Sales of virtual land boomed towards the latter half of the year, with NFT-based worlds raking in millions.

【is wcostream safe】These are the 6 hottest crypto tokens you can use to buy real estate in the metaverse


Insider compiled a list of the six most popular tokens you can use to buy land in the metaverse.


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.


Virtual real estate, or land in the metaverse, sold in the form of


non-fungible tokens


is growing in popularity.


You can't physically visit these properties, but the allure of this investment lies in these assets being backed by forgery-proof certificates stored on the blockchain.


This trend has been


grabbing the attention


of those seeking to deploy money into new ways of investing in real estate. People are willing to spend six figures on them, betting that they can make a fortune. Some expect


triple-digit growth


in the next 16 months.


Virtual real estate isn't really a new concept. One of the first companies to enter the space was Metaverse Group, which operates the virtual 'Decentraland' platform. But ever since


Facebook rebranded to Meta


, the idea has gained immense interest, with investors speculating on the knock-on effect on various metaverse games and their respective crypto tokens.


Properties in the NFT-based worlds of Axie Infinity, Decentraland, and The Sandbox are especially popular. Corresponding cryptocurrency prices of these projects have skyrocketed too, with Decentraland's MANA token


up 4,258%


in the last year. Google results show search volumes for these terms shot up in just a short time, with public interest being sparked only in recent months.


Metaverse searches


Google Trends


Sales of virtual land


boomed at the start of December, bringing in over $105 million for just four metaverse projects, according to DappRadar. Of that, gaming platform Sandbox dominated with $86.56 million in NFT sales, while Decentraland came in second.


The decision to choose which metaverse token to buy depends on the platform you wish to explore. Each virtual world has its own unique token allowing users to make digital land purchases.


To access the metaverse, you will most likely be asked to set up a crypto wallet to hold your digital assets. This allows you to convert fiat money into cryptocurrency via an online payment system. These tokens can be found on most popular crypto exchanges — including Coinbase, Binance, and Gemini — that guide you through a straightforward process.


Here are some of the most popular tokens you can use to buy a plot of land in the metaverse:


1. Ether


Symbol:


ETH


YTD Returns:


401%


Market Cap:


$448 billion


Story continues


The ethereum network is at the heart of the modern crypto ecosystem.


SOPA Images/Getty


2. Axie Infinity


Symbol:


AXS


YTD Returns:


18,016%


Market Cap:


$6.5 billion


Image of NFT game Axie Infinity


Axie Infinity Media Kit


3. Sandbox


Symbol:


SAND


YTD Returns:


16,853%


Market Cap:


$5.6 billion


The Sandbox is one crypto-based metaverse that is attracting attention.


The Sandbox


4. Decentraland


Symbol:


MANA


YTD Returns:


4,219%


Market Cap:


$4.4 billion


Decentraland allows users to buy and sell virtual real estate.


Decentraland


5. Gala


Symbol:


GALA


YTD Returns:


28,477%


Market Cap:


$3.5 billion


Gala Games


Gala Games


6. Enjin Coin


Symbol:


ENJ


YTD Returns:


1,971%


Market Cap:


$2.5 billion


Enjin Coin


Enjin


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