Metaverse; It is a virtual reality, community, gaming and Blockchain-based online experience. As the cryptocurrency market is extremely volatile, it is difficult to predict the future of metaverse coins and projects traded on various crypto exchanges. In this post, let’s take a look at 2 metaverse projects from analyst Raza Nakvi’s list to follow in the midst of the crypto decline.
Which metaverse coin projects can be followed while the market is falling?
Gala (GALA)
Gala Games aims to change the game business by making games that a player wants to play. It was created to change the way players deposit money to make in-game purchases. He wants to make creative games with blockchain technology. Gala Games’ motto is: “to give players full ownership of in-game assets”.
GALA token is a utility token that can be used to buy things in the game. Obtained by running a node. While the crypto market has plummeted over the past few weeks, GALA has also lost heavily, but has shown signs of recovery over the past few days.
At the time of writing, GALA price is trading around $0.07355. The Metaverse coin has slumped as low as $0.06811 in the past seven days.
Axie Infinity (AXS)
Axie digital pets are collected and developed in Axie Infinity. The game is based on the popular game Pokémon.
Axie Infinity Shards (AXS) are among the most widely used metaverse coins. Players can earn AXS by contributing to content projects and playing games. According to CoinMarketCap data, the AXS price has gained 7% in the past seven days. It is trading at $20.07 at the time of writing.
Which companies are investing in metaverse projects?
Known as one of the biggest games in the world, Fortnite held a VR game and an event. Fortnite has pioneered metaverse gigs, with artists from various genres using the game’s virtual world capabilities. It is known that the company has made studies and investments in this field. Meanwhile, Meta, formerly known as Facebook, develops everyday equipment for its virtual reality technology. Meta’s popular VR system, Oculus, has provided plenty of guidance for the future of the metaverse. The development in Meta’s new “Horizon” worlds has also appeared as a gaming virtual reality.
Finally, Microsoft introduced a primary application for teams known as Mesh. The key to the Mesh for Team experience is to create a virtual avatar that will act as your digital identity. This avatar can then be used to explore virtual spaces and spaces in the digital world, an important aspect of any metaverse.
We have covered a detailed guide on Metaverse in this article Kryptokoin.com .
