Every English-speaking person on the planet has probably heard the term “metaverse” at some point by now. Whether or not it’s worth all the hype, there’s money to be made by investing in the metaverse. And if you’re reading this, you probably know that already. But so many options out there, knowing which specific coins to pick can still be confusing. Not anymore, though, without a list of the metaverse crypto coins to keep an eye on in 2023.
Top metaverse crypto coins in 2023
The metaverse looks set to become the next big thing. And as it is with all next big things, there’s money to be made if you know where exactly to invest. So here’s a list to urge you to do your own research and get that investment journey going.
1. Decentraland (MANA)
In 2023, the most exciting development in the realm of metaverse crypto coins is probably Decentraland. Decentraland is a web-based 3D virtual world. Decentraland users can buy Non-Fungible Tokens (NFTs) that represent pieces of virtual land with the platform’s native token, MANA. This metaverse is based on the Ethereum blockchain.
The creators, Ari Meilich as well as Esteban Ordino, started work on this project in 2015. It was finally released in February 2020. A non-profit group that goes by the name of Decentraland Foundation runs the show.
2. Sandbox (SAND)
The Sandbox is one of the oldest and most well-known metaverse projects. It all started in May 2012, when a 2D game was released for Apple devices. Pixowl originally developed the game. But then Animoca Brands acquired them. They quickly shifted their focus to creating a 3D metaverse version of the game.
Like Decentraland, Sandbox is also Ethereum based and lets users buy parcels of LAND—essentially in the form of NFTs. Sand ranks in the top metaverse coins of all time, with a market cap of $1.13 billion at press time.
3. Star Atlas (ATLAS)
Star Atlas is the metaversian counterpart of the popular online role-playing game of the same name. It is a metaverse that runs on the Solana blockchain. It’s a Massively Multiplayer Online (MMO) strategy game. Set in the faraway future year of 2620, players are presented with the opportunity to expand their territories and amass resources. They can travel through space and even rule the government.
Like it is with all other metaverse coins, players can earn the ATLAS token in the course of the game. ATLAS has a market cap of $3.6 million.
4. WAX (WAXP)
Worldwide Asset eXchange, or WAX, is considered one of the most promising metaverses. It is a platform that lets users create, buy, sell, and trade virtual items. To encourage NFT trading on its carbon-neutral network, WAX does not charge trading fees.
Users can stake WAX’s metaverse coin on the metaverse to earn rewards. It also gives holders voting rights. Holders of WAXP get to vote on any proposed changes to the network. Furthermore, WAXP can be wagered for any game on the WAXP blockchain.
WAX has a market cap of over $210 million as of 24 February 2023.
5. Enjin (ENJ)
The ENJ coin backs the value of digital assets developed on the Enjin blockchain. Based on the Ethereum network, it can be put to use to purchase land on the Enjin metaverse. The Enjin network runs a variety of blockchain-based games.
The best metaverse coins usually only have used in their respective parent metaverses. However, ENJ is interoperable, so it may prove to be a very top metaverse crypto coin in the long run. Definitely an eye to keep tracking.
RobotEra is an innovative planet-rebuilding metaverse project. It allows users to take on a robotic form to explore digital worlds. The “robots” can purchase NFTs in the virtual world. They can also engage in farming, the raising of livestock, and buying and selling virtual goods.
Users can also host and attend events, visit museums, take part in engaging social experiences, or even receive the crypto airdrops of reputable brands. By buying, selling, and trading, players can make real money from their virtual properties.
7. Calvaria (RIA)
Calvaria: Duels of Eternity stands out as an innovative card game. In both mobile and desktop formats, it is a fun but challenging gaming experience.
There are different tournaments and modes that players can choose. All players get battle cards that represent 3D characters with unique abilities. Calavaria is a strategy-based game, so users have to try to outwit their opponents with the right combination of cards.
While this P2E game can be played for free, only the paid version allows players to earn RIA.
8. Tamadoge (TAMA)
Tamadoge is a play-to-earn platform based on memes. This metaverse allows users to create, breed, and trade virtual pets. Once the pets arrive at a certain stage, the players can use them to fight with one another and climb up the leaderboard. Those who take the lead receive Dogepoints, and they can claim rewards at the end of the month.
With a total supply of 2 billion, the gateway token TAMA is deflationary in nature.
9. Battle Infinity (IBAT)
Another exciting metaverse-integrated gaming platform is Battle Infinity. It’s not just a gaming ecosystem, though. Instead, it comes with a plethora of features, such as a Battle Arena set in the metaverse. IBAT holders can assume avatars and interact with one another in this arena. And they can even customize the avatars with NFT accessories.
10. Fight Out (FGHT)
Fight Out’s revolutionary metaverse project combines blockchain technology and physical exercise. It gamifies a pro-fitness lifestyle. The platform lets users practice their real-life physical fitness regimen to earn crypto. The token associated with it is FGHT.
In conclusion, it can be said that the metaverse business is still in its infancy. It surely needs more research and development time. But for now, the options that there sure look promising. That said, never let anybody talk you into buying any token you haven’t researched yourself.
What is the best metaverse crypto for 2023?
The overall best crypto for metaverse investment is Love Hate Inu. The $LHINU token will fuel the Love Hate Inu metaverse and is currently available to buy at presale prices.
Which crypto will power the metaverse?
Decentraland operates an entire metaverse of its own. It is a VR platform powered by the Ethereum (ETH) blockchain, with a native token MANA used to transact business within its worlds. Users can create avatars and navigate this online universe as they wish.
What are the top metaverse projects that are currently in existence?
Ethereum (ETH) – Decentralized Smart Contract Blockchain Hosting Some of the Best Metaverse Projects. Decentraland (MANA) – One of the Most Established Metaverse Ecosystems. The Sandbox (SAND) – Metaverse World Frequented by Snoop Dogg and Other Celebrities.