Cryptocurrencies fit perfectly into the virtual worlds of the metaverse. Worlds where you can interact with digital assets and objects, gain experience, are becoming more and more popular. Navigate the young and rapidly developing direction of the gaming industry and choose a promising coin for investment.
What is GameFi and Metaverse?
The metaverse includes all aspects of the metaeconomy: decentralized finance (DeFi), SocialFi, NFTs and other innovations that come from the blockchain. GameFi is a rather specific, “gaming” direction of the meta-economy.
Why is Metavers a good investment?
Metavers has a high potential for growth and further implementation in the virtual world. There are a huge number of gamers in the world who invest their own time and material resources in virtual items and experiences, and the demand for reliable and secure means of exchange in this world is expected to grow.
Since the basis of the gaming economy is cryptocurrencies, metaverse coins have good prospects. Some of them are already traded on major crypto exchanges and buying them is no more difficult than converting BNB to MATIC.
Some metaversal coins have a limited supply and this also creates the prerequisites for the growth of their value. In general, the Metaverse represents a fairly attractive investment opportunity for those interested in virtual worlds.
DeFi Kingdoms (DFK)
DeFi Kingdoms is one of the leading play-to-earn games built on the Harmony One network. Their Dapp has become one of the most popular GameFi games in the Metaverse. The number of monthly active users exceeds 30,000.
The core of the game is collecting heroes, gaining experience, completing quests, and summoning new heroes after collecting 10 tears of Gaia. Perhaps in the near future the game will be transferred to the inter-chain mode, and the first implementation will take place in the Avalanche subnet.
Axie Infinity (AXS)
Today Axie Infinity is one of the leaders in the GameFi segment. It is the largest of all Metaverse games. The project was already successful in 2021, but it still has the potential for further growth and development. One of the most promising aspects is the native decentralized crypto exchange of the Ronin DEX project. Currently, the income from trading on the exchange is distributed among the stakers of the native token of the AXS system. The possibility of passive income increases the attractiveness of the token as an investment tool.
Crabada is a game that is an offshoot of Axie Infinity. Like the original world, Crabada runs on the Avalanche blockchain. To start the game, you need to purchase 3 crabs, with which the player can complete quests, fight other players and breed their own unique crabs. Each crab is an NFT with an individual set of characteristics. Crabs can be sold in a special market.
Dragon Crypto Aurum (DCAU)
The new game on the Avalanche blockchain Dragon Crypto Aurum is one of the variants of the “quest – earnings” model. To strengthen the character, players complete quests, fight each other, and capture trophies. The market capitalization of Dragon Crypto Aurum is very small, which means that it has quite a lot of growth potential.
Splinterlands is one of the Binance Smart Chain (BNB Chain) powered projects based on NFT collectible card battles. The game is already quite popular, it has more than 500,000 users from around the world.
The gameplay is reminiscent of Pokemon, the script and art style are close to World of Warcraft. The native Splintershares (SPS) token already boasts a market capitalization close to $30 million. Compared to the giants of the industry, this is quite a bit and the project has room to grow.
Metaverse coins have a lot of growth potential, but it is worth remembering that this industry is still very young. Investing in game world tokens is associated with a very high risk and should be taken into account when making investment decisions.