If you think Axie Infinity is a great gaming coin, wait until you see how effective metaverse coins really are, and you’ll see how much more appealing they are. Especially, the rebranding of Facebook to “Meta” is enough to demonstrate their future allure.
The metaverse or virtual world is not something new, but the launch of metaverse projects and their development on blockchain technology is very promising. Specifically, what is the metaverse? How does it work, and what are the most promising metaverse coins currently? Let’s explore in detail in this article.
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What is the Metaverse?
Do you remember the famous movie Avatar? It’s a science fiction film about a planet called Pandora, where everything is different from the world we live in.
However, what I want to discuss here is not the special effects or 3D elements, but the content about a virtual world that connects everything together.
This is the clearest example to understand what is the metaverse. Avatar is a film that explores the world of Pandora through AR and VR technology (two main technologies that create the Metaverse universe). Here, people can use their own Avatars to interact with each other in a different dimension.
This is the easiest example for you to visualize the metaverse.
So, in summary, what is the Metaverse?
The Metaverse is understood as a virtual universe, a digital universe created from basic Internet, virtual reality tools VR (Virtual Reality), augmented reality AR (Augmented Reality), or even MR (Mixed Reality, a combination of VR and AR), and it allows users to interact with each other.
♥ In the metaverse, you will live in your own space and interact with others through a representative character, allowing you to move, speak, and act freely.
In short, anyone who has played role-playing games, it’s somewhat similar to that.
♥ In the metaverse, you have complete autonomy to do whatever you want, including owning virtual real estate, just like you own real estate in real life. You can even create an asset, such as artwork or buildings, and you can sell that asset to other metaverse users for a certain currency.
According to the Wall Street Journal, the Metaverse virtual universe is not just a place to play games and entertain. It will be a future world, bringing technological innovation and changing the way we live, where people can visit, shop, work… through the metaverse.
Blockchain, NFT, and Metaverse
One of the essential features of the Metaverse will be the ability to seamlessly and instantly move avatars and user assets from one world to another.
And blockchain is what can make this feasible.
The development of NFTs will also play a dominant role in the Metaverse. It allows you to fully own characters, houses, and accumulated items in the virtual world of the metaverse independently. (Unlike traditional games, you only own assets when you access their gaming platform, and according to their rules).
=> Thanks to Blockchain and NFT, you can fully own any asset, and easily move that asset from one world to another.
What is Metaverse Coin?
The Metaverse is a space that includes virtual assets: virtual real estate, goods, or services within the Metaverse. To own them, you need a form of currency. Essentially, metaverse coins are cryptocurrencies used in the Metaverse to purchase virtual assets.
Metaverse coins are expected to continue to grow and become more popular over time. The proof is that their value is still gradually increasing.
Metaverse coin represents a potential opportunity for investors in the cryptocurrency market. Therefore, it’s advisable to start buying some metaverse coins right now. However, we recommend you research thoroughly before making any investment decision.
Why Will the Metaverse Explode in the Future?
Why could a space that connects everything like collectibles, items, digital assets, land, and utilities become a trend in the future?
First, you need to understand that the Internet has evolved into a vast space, and people are gradually getting used to working with their virtual identities.
The Metaverse is almost like an upgrade of traditional Internet, where it can offer people more experiences, not just limited to phone or computer screens.
Imagine attending a Taylor Swift concert in Los Angeles without having to buy a ticket and physically be there. But it’s not just watching the concert online, as with ordinary Web 2.0. Instead, the Metaverse can fully recreate the atmosphere of the concert, no different from attending a live show.
For example, due to the pandemic, Sotheby’s earlier this year organized an exhibition at a location named the NFT Metaverse. In this virtual space introduced by Sotheby’s, the company created a digital version of its headquarters in London and allowed users to visit it, no different from attending a real-life exhibition.
More tangibly, in the future, you could directly go shopping, browsing items in the metaverse. If you want to buy real estate, it will take you to a place that is simulated exactly like reality.
In summary, you can do many things that traditional internet cannot do, but without having to move anywhere.
Things to Know About the Metaverse
- The Metaverse is a blend of the real and virtual worlds through tools like AR, VR.., Internet, and the technology of each project.
- The robust development of the metaverse would not be possible without the contribution of NFT technology, Blockchain, and cryptocurrency.
- The Metaverse can take us to a virtual world but is designed to be as realistic as possible.
- VR, AR, MR tools are ways for you to enter the Metaverse and experience it.
- The difference of the Metaverse is that it will take you into a space as real as possible, as if you are existing in it, not just through a phone or PC screen.
- The Metaverse may be virtual, but its future value is infinite. It could become a space for business, entertainment, commerce, and an ideal workplace.
Top 10 Most Promising Metaverse Coins Right Now
After understanding what the metaverse is, you might have realized its potential to become a future trend.
Therefore, you can start investing in metaverse coins from now. We will introduce you to the 10 most promising metaverse coins currently for your reference.
Decentraland (MANA)
Launched in 2017, Decentraland is one of the first projects to challenge building a decentralized metaverse platform on the Ethereum blockchain. The unique metaverse gameplay of this metaverse coin allows anyone to buy land and develop it into anything they want.
In Decentraland, the number of LAND is limited to 90,601, and each LAND is only 16 square meters. Its token, MANA, powers the entire ecosystem. MANA token holders are granted voting rights on updates and can propose details about LAND auctions.
- Official website: https://decentraland.org/
- Decentraland (MANA) price: $ 0.314292
- Market capitalization ranking: 135
Sandbox (SAND)
The Sandbox is also a very popular metaverse coin. The virtual world developed by The Sandbox is user-centric and aligns with the basic principles of decentralization. The Sandbox ecosystem has its marketplace and NFT platform.
When users want to create and build a unique game in the metaverse, the SAND token comes into play. Players can also buy LAND and REAL ESTATE to create even richer and more amazing online experiences.
The SAND token of this metaverse game is used for platform access, governance, staking, and core platform operations. As the game develops, we can expect the scarcity of the SAND token to increase, significantly raising the token’s value.
- Official website: www.sandbox.game
- The Sandbox (SAND) price: $ 0.352761
- Market capitalization ranking: 103
Somnimum Space (CUBE)
Somnimum Space has garnered a lot of attention in the NFT and gaming industries. The NFT collections utilize the virtual world created by Somnimum Space to offer unique 3D experiences. Its WebXR platform also allows everyone to access any part of the metaverse, even in VR mode.
A unique aspect of this project is that users can develop complete scenes on their land and deploy full-body avatars. Therefore, the integration of NFTs in a metaverse is currently being exemplified by what Somnimum Space offers. The token powering the entire platform is CUBE, facilitating easy trading and transfer of assets.
- Official website: somniumspace.com
- Somnimum Space (CUBE) price: $ 0.392084
- Market capitalization ranking: 1930
MetaHero (HERO)
MetaHero brings a new type of technology to the metaverse with 3D scanning and modeling features. With this technology, users can seamlessly convert their real-world assets into NFTs of a metaverse.
MetaHero collaborates with Wolf Studio, a world leader in 3D scanning, to conduct extensive trials on some of the most popular games like CyberPunk 2077. The HERO token is primarily used for transactions in the NFT marketplace, paying for scans, and royalties.
- Official website: metahero.io
- MetaHero (HERO) price: $ 0.001316
- Market capitalization ranking: 1442
Bloktopia (BLOK)
Bloktopia is a relatively new project compared to other metaverse coins on this list, but it has attracted some of the highest-profile investors in the gaming space (e.g., Animoca Brands). The project also led some of the top cryptocurrency exchanges like KuCoin and Coinmarketcap to launch their virtual offices within Bloktopia. It is also one of the metaverse projects powered by the Polygon network.
This metaverse game uses the most advanced real-time 3D creation tool, allowing users to create and experience stunning visual effects in VR, and it has 21 levels in total.
Like other metaverse markets, Bloktopia allows users to purchase BLOK real estate through an NFT mechanism. The allure of the BLOK token increases as it can be staked, offering up to 60% annual returns.
- Official website: www.bloktopia.com
- Market capitalization ranking: Outside the top 1000.
Netvrk (NTVRK)
Focusing on metaverse technology and diverse monetization opportunities, Netvrk is addressing many of the current market challenges. Its metaverse coin targets a broad audience, from content creators to developers, all benefiting from the VR environment created by Netvrk.
Netvrk boasts numerous features and a cost-effective interface. Users can create games, build in a virtual space, and sell it to other players or turn it into an NFT. This opens up endless possibilities within the metaverse, making it a superior alternative to other.
- Official website: www.netvrk.co
- Netvrk (NTVRK) price:
- Market capitalization ranking:
Highstreet (HIGH)
Another metaverse coin offering play-to-earn opportunities for users is Highstreet. This project stands out as it adheres to a virtual experience that is half digital, half physical. It can be seen as the world’s first retail-focused metaverse, bringing retail to a whole new dimension. NFTs are also an integral element in Highstreet’s virtual world.
Highstreet’s platform utilizes smart bonding curves to provide instant liquidity for HIGH token holders. The utility of these tokens is superior to others as they allow users to own items in the real world. Additionally, users can simply spend time playing games, completing tasks to earn HIGH coins from the game.
- Official website: highstreet.market
- Market capitalization ranking: Outside the top 1000.
Epic Prime (EPIK)
Epik offers a model quite distinct from other blockchain-based metaverse projects. It enables businesses to license and create in-game experiences and NFTs on the blockchain. Epik is regarded as a leader in empowering early-stage games and integrating them into the mainstream gaming space.
It has over 300 clients and has worked with many AAA gaming companies. Epik was the first to adopt NFTs in 2018. It has partnered with many brands, companies, and global leaders to launch its NFT collection. What makes Epik stand out is that it’s both an NFT technical platform and a leading digital agency in the world, organizing in-game discount events worth millions of dollars.
- Official website: epikprime.com
- Epik Prime (EPIK) price: $ 0.006015
- Market capitalization ranking: 2031
Star Atlas (ATLAS)
A blockchain game with a dual-token system, Star Atlas, is building one of the best AAA games. After its trailer launch, the project garnered a lot of social media followers, and people are eagerly anticipating this metaverse coin running on the Solana platform.
Star Atlas is built on Unreal Engine 5, delivering a cinematic and real-time environment. The token system isn’t the only unique aspect of Star Atlas – it also offers options to generate income through staking, battles for rare in-game items, and exploring various worlds to form alliances.
Star Atlas is still in its early stages, but its roadmap and team behind it suggest it’s a promising metaverse coin project to invest in.
- Official website: staratlas.com
- Star Atlas (ATLAS) price: $ 0.001711
- Market capitalization ranking: 944
RedFox (RFOX)
Red Fox Labs is a technology company currently building a metaverse for the retail industry. They aim to become an independent mall, offering rich shopping experiences by combining gaming elements in RFOX VALT and Callinova auctions.
Red Fox also has two tokens to support activities and other transactions within its ecosystem. The RFOX token is used for buying land and virtual assets, while VFOX is a reward token. The company is also developing other products like RFOX Finance and RFOX Games to diversify their metaverse.
- Official website: www.rfox.com
- RedFox (RFOX) price: $ 0.000442
- Market capitalization ranking: 3796
Related post: TOP 10 leading Metaverse Platforms to watch in 2025
After reading this article, you should have a clear understanding of what the metaverse is and the most prominent metaverse coins currently available. The combination of the cryptocurrency industry with the metaverse will bring users a unique and beneficial experience like never before. However, it may need more time to develop and become more widespread, approximately 2-3 years. Therefore, before deciding to invest in any metaverse coin project, thoroughly research to choose the most potential one.
Wishing you success.
