According to a report by Citigroup, the Metaverse economy is estimated to be worth $13 trillion by 2030. As metaverse cryptos have provided high returns to investors in recent years, they have grown in popularity. This guide will teach you which crypto projects to invest in metaverse in 2022.
The Top Five Metaverse Projects for 2022
Below are reviews of the top 5 projects to invest in metaverse for 2022:
1. Tamadoge
We recommend that Tamadoge (TAMA) be purchased as the best metaverse cryptocurrency in 2022. Play-to-earn (P2E) metaverse platform Tamaverse offers members in-game rewards through its native crypto token TAMA.
In addition to deploying smart contracts, TAMA supports the Ethereum network to mint NFTs. In the Tamadoge ecosystem, virtual dog-like avatars are minted as tradable NFTs and become one of the main tradable elements.
Tama stores sell the pets, and players can use these characters to compete for monthly points.
In the upcoming Tamadoge app, one of the best ERC20 tokens, TAMA, will also serve as the main currency, retaining the P2E dynamics of the web-based protocol. P2E prize pools on Tamadoge reward top performers with TAMA. Moreover, the team is developing a P2E-style arcade to reward participants with physical Tamadoges.
Now is the time to buy TAMA on presale. Just over a week after launching its beta presale, the project reached its $2 million target and is currently seeking $19 million to close the sale.
A popular centralized exchange (CEX) will deploy the token once the presale ends. This will lead to an increase in trading volume and potentially a price increase for the token.
Stay up-to-date with the latest Tamadoge crypto project news and information by joining the Tamadoge Telegram Channel.
2. Battle Infinity
It combines gaming elements with decentralized finance (Defi) opportunities for platform members through Battle Infinity (IBAT). All items and characters in this project are available as NFTs in the Battle Arena, the metaverse of the project.
Using ERC 721 smart protocols, each avatar and item is created on the IBAT Battle Market. With IBAT, you can purchase NFTs. To improve liquidity, the token is also used to distribute rewards.
On the IBAT Battle Swap, you can purchase IBAT and swap it for other popular cryptos on a decentralized exchange (DEX). The IBAT Battle Stake also offers staking opportunities to accumulate APYs (Annual Percentage Yields) when depositing tokens.
Players can engage in concerts and events in the Battle Arena using VR headsets via Battle Infinity’s virtual ecosystem. The launch of the token was a key focus before the launch of the metaverse project.
After its 90-day presale sold out in over three weeks, Battle Infinity (IBAT) just concluded one of the best crypto presales of 2022.
3. Enjin
Enjin supports crypto-backed value for participants through its Ethereum blockchain-based platform. Several tools are available to players, such as software development kits (SDKs), game plugins, and wallets.
NFTs and other virtual goods can be easily traded, bought, sold, and purchased through Enjin. Tokens used by the network are Enjin (ENJ). NFTS minted within the Enjin ecosystem are backed directly by ENJ.
At the beginning of 2021, the value of this metaverse crypto soared. The price of ENJ reached $3.4 in April 2021 after trading at $0.1 in January 2021. Additionally, by the end of 2021, ENJ reached its all-time high (ATH) of $4.85.
The market value of ENJ increased to over $500 million in August 2022 after it corrected to a price of $0.5.
4. Quint
In its quest to combine reality with the metaverse, Quint aims to become a revolutionary crypto token. It leverages intelligent protocols to offer many opportunities for the stake, trading, and NFT trading with QUINT, the native token of the Quint platform.
With Quint, you can earn interest on tokens in addition to super-staking. Participants have the opportunity to win luxury rewards such as watches and holiday packages through the platform. Additionally, investors can trade, buy, and sell NFTs through the Boutique NFT marketplace.
NFTs minted on Quint are distributed as physical-digital token frames whenever purchased. In June, QUINT reached an ATH of $2.8 after trading at $0.04 in April 2022. Over the past two months, the price has increased by 6900%.
5. Decentraland
Players can participate in the virtual real-estate ecosystem of Decentraland via its top metaverse crypto. A plot of property known as LAND can be bought, sold, and traded on the Decentraland metaverse. ERC 721 tokens create each LAND piece on the Ethereum network.
The native cryptocurrency of Decentraland is MANA, an ERC-20 token. In addition to advertising NFT billboards and paying for Decentraland games, MANA is the platform’s currency.
After trading at only $0.025 in 2015, MANA reached an all-time high of $5.90 in 2021. For only $0.84 per token, currency investors can purchase MANA.
