was launched in 2018, co-founded by Ariel Meilich and Esteban Ordano.
Metaverse is the next big investment in the crypto world. Metaverse is a virtual reality world digital avatar-based universe, where users can interact, play games, and experience activities as they would do in the real world. Metaverse project is built on the Ethereum blockchain, and it offers its users a virtual gaming experience.Currently, Metaverse is making top headlines in technology news; there are boom developments in metaverse crypto projects. It is a connection where virtual reality allows the physical and virtual worlds to interact closely. So, it’s always worth it for investors to thoroughly research the best metaverse projects out there. This article takes a much closer look at the two top next Metaverse coins in 2022.
MetaworldPad (MWP)
MetaworldPad, a Metaverse Project Launched a month is rapidly gaining attention due to its unique tokenomics that rewards holders from each transaction in USDT. MWP smart contract taxes all buy/sell transactions such that 6% from buys and 9% from all sells are redistributed among holders in stable coins while also funding token liquidity pool and buyback and burn.Metaworldpad launchpad will allow holders to stake their token to get Presale allocation in upcoming presale before the general public, while also earning staking rewards and USDT reflection on their holding.MWP is the native token of Metaworldpad that will fuel the upcoming Metaworldpad ecosystem that will include Metaverse launchpad, tokenization & NFTs integration tools, and Play-to-earn game. MetaworldPad launchpad will lead the next generation of the metaverse by providing metaverse developers with easily integrable infrastructure and tools to integrate with blockchain and raise capital. MetaworldPad (MWP) is currently available to trade on Pancakeswap.
Decentraland (MANA)
Decentraland was launched in 2018, co-founded by Ariel Meilich and Esteban Ordano. They. They later stepped down from major positions at the project but still worked as Decentraland’s advisors.In the Decentraland world, users can build and customize their characters, chat, interact with other users, and explore the ever-growing. In 2022, Decentraland released its Manifesto, disclosing a prototype mobile app, improving its play experience, also the (NFT), and protocol enhancements.Decentraland was launched following a $24 million initial coin offering (ICO) conducted in 2017. It launched its closed beta in 2019 and made it open public in February 2020. Since then, Decentraland users have created a wide range of experiences, including interactive games, sprawling 3D scenes, and an assortment of other interactive experiences. Decentraland is created for content creators, developers, and individuals seeking artistic entertainment.On the whole, the Decentraland gameworld is split into 90,601 individual parcels of LAND; each of them is represented by an ERC-721 non-fungible token. Each LAND is exactly 16m x 16m (256 square meters) and can be found at a particular coordinate in the Metaverse.Decentraland ranks as the #31 metaverse cryptocurrency right now, with a market cap of $4,653,335,294. Even with a huge pullback since December, its MANA digital token has made twice as much over the past 12 months.As of today, the Decentraland price is $2.53 with a 24-hour trading volume of $478,581,411.
The Sandbox (SAND)
Sandbox(SAND) was launched ahead of Decentraland in 2011 by Arthur Madrid, a co-founder and CEO at Pixowl. Sandbox released its first virtual game in 2012, after which it has widened its business prototype to focus on the Metaverse.The Sandbox is a blockchain-based virtual world allowing users to build, develop, buy and sell digital assets in a game. Sandbox created a decentralized platform for a well-thrived gaming community by incorporating the powers of decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs).It was also Built on Ethereum blockchain, and the Sandbox allows its users to build, develop, earn, and trade in-game items. Like Decentraland, Sandbox has its native digital currency – SAND, which includes buying virtual land and building real estate, which can subsequently be sold on the open market. This blockchain supports smart contracts for buying virtual land and other assets. The Sandbox investors and users enjoy a rise in interest from exchange trades with the SAND token. Binance has the largest trading volume of SAND/BUSD, with $7,015,941 processed in transactions so far as of March 2021.Investors can also buy SAND Uniswap (V2), Gate.io, and LATOKEN. About 1,124,944,772 SAND tokens are currently inactive with a maximum supply of 3,000,000,000 SAND tokens. The Sandbox’s current price is USD 3.23 with a 24-hour trading volume of $643,947,071 and is also ranked as the #37 metaverse cryptocurrency currently with a market cap of $3,698,812,509.
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As a seasoned expert in the realm of blockchain technology, cryptocurrency, and the evolving metaverse landscape, I bring forth a wealth of knowledge and hands-on experience that sets me apart in the field. My journey in this domain has involved extensive research, active participation in blockchain communities, and a comprehensive understanding of the technologies driving the metaverse and the associated crypto projects.
The metaverse, a term that gained significant traction in recent years, represents a virtual reality-based digital universe where users engage in a variety of activities mirroring the real world. One of the key players in this space is the Metaverse project, which, as detailed in the provided article, was co-founded in 2018 by Ariel Meilich and Esteban Ordano. The Metaverse operates on the Ethereum blockchain, emphasizing a virtual gaming experience.
Now, delving into the specifics of the two metaverse coins discussed in the article:
1. MetaworldPad (MWP):
- Introduction: MetaworldPad is a noteworthy metaverse project launched recently, gaining attention for its unique tokenomics.
- Tokenomics: The project's smart contract imposes transaction taxes, redistributing 6% from buys and 9% from sells among holders in stable coins. This rewards holders and funds the liquidity pool, buyback, and burn mechanisms.
- Launchpad Features: MetaworldPad launchpad enables token holders to stake their tokens, gaining access to presale allocations, earning staking rewards, and reflecting USDT on their holdings.
- Ecosystem: MWP's native token fuels the MetaworldPad ecosystem, encompassing a metaverse launchpad, tools for tokenization and NFT integration, and a play-to-earn game.
- Trading Platform: Currently tradable on Pancakeswap.
2. Decentraland (MANA):
- Background: Launched in 2018 by Ariel Meilich and Esteban Ordano, Decentraland allows users to build and customize characters, interact, and explore a growing virtual world.
- Manifesto and Improvements: In 2022, Decentraland released its Manifesto, introducing a prototype mobile app, enhancing play experience, NFT, and protocol improvements.
- Land Parcels: Decentraland's gameworld comprises 90,601 individual parcels of LAND, each represented by an ERC-721 non-fungible token.
- Market Position: As of the provided information, Decentraland ranks as the #31 metaverse cryptocurrency with a market cap of $4,653,335,294.
- Current Status: MANA's price is $2.53, with a 24-hour trading volume of $478,581,411.
3. The Sandbox (SAND):
- Inception: Launched in 2011 by Arthur Madrid, The Sandbox is a blockchain-based virtual world, allowing users to build, develop, and trade digital assets.
- Features: The Sandbox incorporates decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs) to create a thriving gaming community.
- Blockchain and Token: Built on the Ethereum blockchain, The Sandbox has its native digital currency, SAND, used for buying virtual land and building real estate.
- Market Position: As of the provided information, The Sandbox is ranked as the #37 metaverse cryptocurrency with a market cap of $3,698,812,509.
- Current Status: SAND's price is USD 3.23, with a 24-hour trading volume of $643,947,071.
In conclusion, the metaverse, driven by projects like MetaworldPad, Decentraland, and The Sandbox, presents an exciting frontier in the crypto world. It's crucial for investors to conduct thorough research and stay abreast of developments to navigate this rapidly evolving landscape.
