Cryptocurrency is transforming the world. Man people may doubt this, but according to actions being taken by major corporations and the population, it is clear that Cryptocurrency will transform everything we know and love on the internet and off the internet in the next few years. One of the most recent and impactful organizations to turn to blockchain and Cryptocurrency is Facebook, or rather Meta. The company changed its entire name and provided a virtual world called Meta that will increase Cryptocurrency use. In the Metaverse, people will be able to have another life apart from the life they live normally. This means that they will be able to have businesses, own property, and play and make friends. The Metaverse has proven to be effective and acceptable to the public, considering the number of users the platform has already gained in the few months it has been active. This brings us to the topic at hand, cryptocurrency investment in the Metaverse. With the introduction of the new world, people will have to use Cryptocurrency as the main and probably the only form of currency in the Metaverse. This provides an opportunity for investors who are interested in gaining profits from the Cryptocurrency used in the Metaverse as the platform grows and attracts more users. Some of the best Metaverse cryptocurrencies to invest in include;
Axie Infinity is the largest Cryptocurrency in the Metaverse. By the time of writing this article, the Cryptocurrency had over 3 million users who held and used the currency to buy products on the Metaverse. According to statistics, this Cryptocurrency will have the largest growth due to its dominance as the number of players on the platform increase. The best advantage of this Cryptocurrency is that some games on the Metaverse use the currency on their play-to-earn platform, which means that people can use their leisure time to play video games on the Metaverse and earn the currency. After earning the Axie Infinity or AXS, people can trade the currency on various platforms such as Binance, Huobi Global, Coinbase, FTX, Bithumb, and KuCoin and earn real-world currencies. With such use, the number of users will increase as they try to earn the currency and thus increase its value over time.
The Sandbox (SAND)
The other thing the Metaverse has allowed people to do is to own property such as land and buildings. For people to do so, they need to spend money on the products they want to own on the platform. SAND has gained traction as the currency to use when purchasing assets on the Metaverse. SAND operates on Ethereum blockchain technology and is used on the platform to allow people to build and monetize their gaming experiences on the platform. The other use this Cryptocurrency has is that it allows players on the Metaverse to create digital assets. People can develop non-fungible tokens, also known as NFTs, which have gained a lot of popularity in the last few months. After developing the NFTs, people can place them in the marketplace and earn money they can use in the real world.