There is a lot of interest about metaverse cryptocurrencies since last year. This has a lot to do with the rebranding of Facebook to Meta. Being one of the largest technology organizations in the world, Facebook created instant appeal for a market that has seen many technical improvements since 2019.
In fact, towards the end of 2021, metaverse-cryptocurrencies were among the best performers. Some of them generated earnings results of over 10,000% in the year.
With many positive projections regarding Metaverse, everything indicates that they could exceed the market average this year.
New start for cryptocurrencies
The market is just beginning to recover from a massive correction earlier in the year, which means current prices are a perfect entry point for high quality.
On this basis, it makes sense to start looking for the best metaverse cryptocurrencies to buy this year 2022. The following describes the best metaverse cryptos that can be mined in 2022. The cryptocurrency market does not offer guarantees, they have a high potential for beat the market in 2022.
Decentraland has become one of the most widely adopted crypto-metaverses in the market today. In late 2021, Decentraland made headlines when a virtual property worth $2.4 million was sold.
The most recent news about Decentraland involves Samsung, which has opened a virtual store in this metaverse.
With such high-profile adoptions, there is no doubt that Decentraland could do quite well in 2022. In addition to this growing cryptocurrency adoption, Decentraland has an advantage because it gets the full essence of the Metaverse.
The Metaverse is meant to be owned by the community, giving everyone on the planet to do whatever they want. That is exactly what Decentraland, one of the cryptocurrencies, does because it is governed by a DAO. Virtually anyone who owns MANA tokens has the power to determine how decisions are made in Decentraland.
Sandbox skyrocketed in 2021. While it started the year in the red, this cryptocurrency metaverse appears to have bottomed out and is currently gaining bullish momentum. So far, Sandbox’s success has a lot to do with its focus on a large and fast-growing gaming ecosystem.
This attracted gamers looking to play to win games to have fun and make a living from games in this metaverse.
Additionally, rewards earned or created in the Sandbox gaming ecosystem are easily transferable to any other metaverse platform.
This has made it one of the top platforms for gamers and creators looking to make money from NFT games and cryptocurrencies.
Considering that the SAND token is required to transact within the Sandbox ecosystem, adoption could grow in 2022. With all these factors in play, it is no surprise that SAND is one of the best crypto-metaverses to mine in 2022.
Axie Infinity (AXS)
Axie Infinity, like the other two before it, was one of the best metaverses last year. Looking ahead to 2022, there is every reason to believe that AXS could still outperform the broader cryptocurrency market by a higher margin.
One of the key factors likely to drive Axie Infinity stock value in 2022 is FOMO around metaverse cryptocurrencies.
Since it is one of the most recognized, it is likely to see a surge in investments as enthusiasm for Metaverse cryptocurrencies increases.
Best of all, Axie Infinity has a strong and well-funded team of developers. In 2021, the company behind Axie Infinity raised over $150 million from its venture capital backers. The money has been put to good use and in October 2021, version 2 of Axie Infinity was released.
A combination of market recognition and a well-oiled money machine puts AXS among the top cryptos in the metaverse to mine in 2022.
Terra Virtua Kolect (TVK)
Like RFOX, Terra Virtua Kolect makes it to the list of the best metaverse cryptocurrencies that can be mined in 2022 due to its low market capitalization.
TVK is still in its infancy and has a market cap of just over $116 million. This means it has plenty of room to grow as investments in the metaverse grow.
However, it’s not just the low market cap that makes TVK a metaverse-worthy investment in 2022. There’s also the fact that it has a variety of digital collectibles.
It has everything from Godzilla-v-Kong to Top Gun. This has made him a player favourite, a factor that could help increase TVK’s value as the year progresses.
The Metaverse is like any other aspect of the cryptocurrency market. While large-cap cryptos are worth investing in, the highest profit potential is usually found in the smaller-caps.
That’s where RFOX comes in. It has a market cap of just over $120 million. This gives it plenty of room to grow as excitement around the Metaverse grows.
Aside from its low market capitalization, there are fundamental reasons why RFOX makes sense as an investment among metaverse cryptocurrencies. Most focused on the gaming industry, RFOX takes a more holistic approach to the Metaverse with the goal of building a replica of the real world, including trading in the Metaverse. This gives RFOX the potential to play a very important role in its long-term growth. For this reason, RFOX is one of the best metaverse-cryptocurrencies that can be mined in 2022.
Star Atlas DAO (POLIS)
Atlas is perfect for futuristic gamers who want to win and who love to imagine the world hundreds of years ahead. It’s simple, players solve problems on a futuristic version of earth, 600 years from now and earn rewards for it.
Like other projects on the market today, the aspect of earning rewards that can be sold as NFTs makes POLIS a very attractive metaverse platform for gamers.
POLIS is a perfect investment among cryptocurrencies because it is the token used for transactions within the Star Atlas DAO from the perspective of the investor.
This means that as more players enter the Star Atlas DAO ecosystem, the value of POLIS will increase among cryptocurrencies.
Also, POLIS has a fairly low market cap (less than $100 million). This leaves plenty of room for growth in this metaverse considering it could be a trillion dollar market by the 2030s.
Define Finance (FINA)
While the cryptocurrency market has been trending down for the first two weeks of January 2022, FINA has defied it. It was trending up throughout this period, and momentum is building.
Define is a relatively new platform in the metaverse and provides players with an all-in-one platform to collect, play, and trade NFTs.
Anything players create in the Define Finance ecosystem, they fully own. This makes it very attractive to players who also want to build an NFT portfolio and gain long-term wealth.
However, the main reason Defina is a must-have this year among metaverse cryptocurrencies is its token buyback program.
In December 2021, Defina announced a large BNB budget that is being used to buy back tokens from the secondary market and reward participation. A more elastic exchange pool will be created with 40% of sales.
Like a share buyback program on the stock markets, this is a factor that could help propel FINA to new heights in 2022. For this reason, FINA cannot be missing among the best metaverse cryptocurrencies that can be mined in the course of time. of this 2022.
Etherland is one of the Metaverse projects with the greatest potential for future adoption. That’s because it aims to connect the virtual and real worlds, turning real-world items into NFTs.
ELAND tokens are a medium of exchange that ensures uniqueness, reliability, and authenticity in NFT content that represents real-world data. It also guarantees that you have what is yours.
This is a big deal as it could unlock a whole new world where almost everything from cars to real estate could be turned into digitally tradable NFTs.
This potential, coupled with the fact that ELAND is still small cap ($1 million market cap), makes it one of the best metaverse cryptocurrencies to mine in 2022.
DotMoovs is an interesting Metaverse platform in that it takes on the multi-billion dollar soccer market. It allows friends to bet on games and even play virtual soccer as they would on virtual soccer platforms.
The only difference is that the rewards are MOOV tokens that can be exchanged for other cryptocurrencies. Essentially, players have fun while making money playing fantasy football.
MOOV can also be staked, which creates a passive income element around MOOV. A combination of a huge market (football) and the hype around the Metaverse as a whole, it’s not hard to see why MOOV is one of the best out there to exploit.
MetaHero is one of the Metaverse projects that has grown quite quickly since its launch due to the use of technology that creates ultra-realistic avatars.
This has given it great potential for adoption not only in gaming, but also in many other industries. In addition to its technical capabilities, MetaHero has a relatively low market capitalization. This gives it plenty of room to grow in the future as adoption grows.
The keys to understanding the Metaverse
The corporation formerly known as Facebook has a new name: Meta. There will still be Facebook, Instagram and all the familiar platforms as this is simply a name change of the parent company.
The new name also invites people to take part in its “next chapter”: a 3D journey into the metaverse, which the company sees as the future of the internet.
But some analysts question whether the public will trust the firm enough to buy into Mark Zuckerberg’s new vision.
What is the metaverse?
The company believes that the metaverse will be the next evolution in the way we use the internet.
“In that future you will be able to instantly teleport like a hologram to be at the office on the go, at a concert with friends, or in your parents’ living room to catch up,” Zuckerberg wrote.
Some of it may seem familiar to those who have spent the pandemic on video conferences, but the vision of the metaverse is reminiscent of other virtual worlds before it, such as Second Life, cryptobtcbrowser News reports.
However, Meta emphasizes that this is not a virtual environment, but rather a new three-dimensional space to be used and accessed in various ways: “Augmented reality glasses to be present in the physical world, virtual reality to be completely immersed, and mobile phones and computers to jump from existing platforms.”
The company says it’s “a 3D social virtual space where you can share immersive experiences with other people, even when you can’t be together in person, and do things together that you couldn’t in the physical world.”
Azeem Azhar, author of the book Exponential, says: “It will not be something that is contained in a virtual reality headset that sits in the corner of the living room. It will be a set of things that will show up in our different apps and across our devices, as those devices get better and better.”
However, IRAIC presents a decentralized cryptocurrency system with less risk because it is based on real businesses, with high returns for people who want to invest in the crypto metaverse, reported cryptobtcbrowser.