Here is everything you need to know about the Metaverse coin listing.
What is Metaverse
The metaverse is a vision for a new place to interact with other humans and bots to play games, conduct business, socialize and shop.
That’s the metaverse of the future. Right now, the metaverse is a grab bag of hardware, software, and unrelated experiences.
You likely have seen one piece of the metaverse in a standalone form, as a game or maybe a training session.
There is no connective tissue to bring all these components together — yet.
Metaverse Coin Listing
1 Axie Infinity
AXS is the governance token for the Axie Infinity game. Token holders will be able to shape and vote for the direction of the game universe. This is unlike traditional games where all decisions are made by the game developers. AXS holders will be able to stake their tokens to earn more AXS and even vote for governance proposals.
The other token in the Axie universe is Smooth Love Potion (SLP). SLP is used for the purpose of breeding and can be earned by winning battles and adventures in the game. It is not a governance token, therefore it is not used for voting.
Have you read or watched Ready Player One? If you have then you know where we are headed. Decentraland is a decentralized VR (virtual reality) world that is powered by the Ethereum blockchain.
In this virtual world, you can purchase land, build it, monetize, and immerse into the applications and content that are built by other users. What distinguishes Decentraland from other VR projects is its decentralized nature.
Land and in-game currency are powered by the Ethereum blockchain which gives users complete ownership and promotes transparency.
MANA refers to the native currency in Decentraland. It is an ERC-20 token powered by the Ethereum blockchain. Users can currently use MANA to purchase LAND and also pay for goods and services in Decentraland.
MANA tokens can be purchased from various centralized exchanges, decentralized exchanges, and swap services.
3. Enjin Coin
Enjin Coin is a cryptocurrency for virtual goods created by Enjin. Enjin is the “largest gaming community platform online” with over 250,000 gaming communities and 18.7 million registered gamers.
The Enjin team is designing the coin completely around gaming with the goal of it being the most usable cryptocurrency for the industry.
The project includes the Enjin Coin as well as a suite of software development kits (SDKs) that developers can integrate into their games and communities.
Bringing blockchain to gaming helps to reduce the high fees and fraud that’s prevalent in the transfer of virtual goods.
Enjin Coin is an ERC20 token built on the Ethereum network. With that, the project not only acts as a cryptocurrency but also has smart contract capabilities. It’s also one of the first projects testing the Raiden Network, Ethereum’s version of the Lightning Network.
The Enjin Coin platform provides a laundry list of features through its public API and SDKs. To keep things brief, though, we’ll only be discussing a few of the major ones in this article.
The largest value Enjin Coin brings to the gaming community is in its creation and management of virtual goods. Developers on each platform can easily create a currency unique to their community that’s backed by Enjin Coin as the parent currency.
This gives the coins all the benefits of the blockchain (speed, cost, security, etc…) while still staying customized to their respective platforms.
Sandbox is a decentralized community-owned virtual world. Creators can host custom games and events in the virtual world. Analysts like to compare Sandbox with Roblox due to their similarity in concepts.
However, the key difference with Sandbox is that players have true ownership of the virtual world assets in the form of NFTs.
By doing so, players and creators will be able to participate in the economy by assets trading and earning through tokens, making Sandbox also considered a play-to-earn game.
5. UFO Gaming
UFO Gaming is a fully decentralized inter-galactic social gaming token. P2E (Play to earn) Metaverse, Virtual land, NFT, Gaming, and IDO Launchpad.
For everything $UFO-related, the $UFO token will be required. You will need it to interact with any element of our ecosystem. Our token’s usefulness may be divided into three categories:
$UFO, Plasma Points, and UAP.
• $UFO 100% community-owned.
• Earn Plasma Points from single staking $UFO or UFO-ETH LP pool in the Cosmos and Redeem Origin UFOep. Origin UFOep is needed to play our first game, ‘Super Galactic’.
• UAP is required to purchase, trade, and fuse (breed) NFTs inside of the game. It can only be obtained by playing Super Galactic.
Launchpad: Stake your UFO tokens or own land on the games’ dedicated planet to get tiered access to some of the most highly anticipated gaming projects added to the Dark Metaverse.
Multi-chain: Our Dark Metaverse is not only limited to one chain. It will be multichain. UFO will be launching games on some of the most reputable chains, covering a broad genre of games and different niches of L1 and L2s.
One Game, One Planet, Interoperability.
6. Radio Caca
Radio Caca, $RACA token, is the native token and governance token for the USM Metaverse, Metamon Game, and other games and social Dapps inside of the USM Metaverse.
USM Lab is the creator of the Universal Metaverse (USM) and blockchain game <Metamon>.USM is a 3D Planet virtual world where players can buy land and build stores and art galleries. Users can zoom in and zoom out dynamically inside and around the 3D planet, just like Google Earth. The USM Metaverse beta test version will be launched in December 2021.
There will be a massive NFT marketplace inside the Metaverse for swapping collectibles. The USM Metaverse can provide IGO (initial Game Offering) Launchpad services for games and ISO (initial Social Dapp Offering) launchpad services for Social Dapps.
The Metamon game will be integrated into this Metaverse. The final version of Metamon will be launched on October 28th. We expect to have 300,000 Metamon players at the end of 2021. The Universal Metaverse will maintain a high number of daily active users because of small games such as <Metamon> and other social Dapps. We also expect to have 2 million users at the end of 2022 for Metamon and the USM Metaverse.
The game is designed as a “Play-to-earn” game because the team has a strong grasp of Gamification and NFTs.
7. Yield Guide Game
Yield Guild Games (YGG) is a decentralized autonomous organization (DAO) for investing in nonfungible tokens (NFTs) used in virtual worlds and blockchain-based games.
The organization’s mission is to create the biggest virtual world economy, optimizing its community-owned assets for maximum utility and sharing its profits with its token holders.