NFT & Metaverse — Token Economy
The aim is simple. Identify the best Metaverse NFT tokens that can quickly give a huge ROI in a short span of time. Since the Metaverse is the talk of the town already, we goto be careful when chasing the best tokens. As sometimes we can get easily carried away in the buzz ( as there are also many one time wonders ). We also keep updating this article continually as the entire Metaverse landscape changes quick. Based on the trend and utility the expectation in the market also changes. All the met averse NFT tokens we recommend here is not just recommendation, but we go ahead and buy them and watch them close for a period of time. And then we bring them into this list.
Keys to the Metaverse
This is for sure one of the most intriguing NFT projects. Apart from the fact that the project has a very interesting roadmap, the NFTs showcased have a very sentimental concept. On one end the artwork reveals ancient concepts and tradition. On the other end, it sports amazing futuristic models. One other noticeable fact about these NFTs are the buyers. NFT collectors seem to passionately buy the so called ‘Keys’ and are holding on to them for many reasons.
Considered one of the forerunners in the Metaverse space, DCL is a visionary player. The project has been development since 2015. The community behind DCL is very strong. Infact until the entire hype of the Metaverse came in, Decentraland was the most active project in the Metaverse. Pioneers of the Metaverse understand DCL and are comfortable using it, which makes the engagement level high inside the platform. Since it has many elements same as second life, not much knowledge is required to get in and get going. The land in the Metaverse are called parcels and are transacted as NFTs on the blockchain. As you might already know that these land parcel NFTs are hot right now on DCL. In the vast VR land that Metaverse provides, you can pick up a plot at the budget of your convenience. The nearer the land is to the epicentre of DCL, the costlier it gets. Also plots on the roadside tend to attract more price. As visitors who travel by road in the Metaverse get to checkout the land on the roadside. Once you acquire a land parcel, there are many ways to monetise it. People build estates, exhibitions etc. through which they sell. Also people rent out the plots and make a recurring income. And yes, as the demand grows you can flip your NFT on marketplaces and make money. The price of the DCL token ‘Mana’ has shot up in price in the recent months.
Though DCL has more loyal fans and considered the darling of the Metaverse, Sandbox seems to be champion in the space. It is backed by well known investors with heavy investment. The entire platform has created an enormous hype in the recent weeks. This Metaverse allows developers to build any game on top of it. And many developers are currently looking at it as the destination to build and monitize on ( like how Facebook had the platform on which many apps and games were built ). The entire platform is thriving with many games deployed on it as we speak. The price of the Sandbox token ‘Sand’ has multiplied many fold in the recent weeks.
Considered to be one of the top 4 Virtual world projects, Cryptovoxels has its own loyal fan base. It is a Metaverse where you can buy land parcels and build anything on it. Or you can allow others to build on it as well. In this virtual world corporations own the streets and users own the and. So we sense an interesting futuristic game play in place. Also the entire Metaverse is VR-AR Goggles enabled. You can wear your Oculus and take a walk in this dystopian Metaverse and make new friends there.
How do we choose the best Metaverse tokens to buy?
Once Facebook announced the name change, there has been some serious heat in the space. But even before FB stepped in, for those who have been following the crypto and NFT space it was clear that everything is heading towards the Metaverse. To predict what is the next big thing in the Metaverse, we consider the following pointers:
-Where is the project heading? Are they planning on playing just the normal VR-AR story as everyone, or the vision is more innovative and different. As you might know by now that there is a big disconnect between what people expect the Metaverse to be & what it really is.
-The Team behind the project is obviously a very important factor to consider. The past experience of the management and founding team will definitely play a very important role in making the project a big hit.
-Also when we try to predict high growth Metaverse NFT tokens, we got to consider the type of investment that the project has. As such projects can be massive and an execution intrinsic game. Which means it will be a money guzzler. So the project needs to have enough reserve in venture capital funding or from retail investors via. Their token sales. More the money longer the life of the project.
Also check out this list of the Best & Cheap NFT tokens to buy for future growth.