A new market arose when Mark Zuckerberg announced that Facebook will become Meta in 2021. The ability to meet, communicate, and socialise with other people in an online arena is hardly a unique concept, given the enormous appeal of social media and virtual reality. Currently, billions of dollars are being invested in the Metaverse to make it the next big thing in society, finance, and cryptocurrency.
Following Zuckerberg's revelation, the value of the Metaverse's most popular currencies skyrocketed. Axie Infinity (AXS) and Decentraland (MANA) are the two most popular Metaverse tokens. Pac-Man Frog (PAC) is an exciting new GameFi token that has ambitious plans to revolutionise the Metaverse.
While the phrase "metaverse" has become popular in recent months, it was first coined by author Neal Stephenson in his sci-fi novel Snow Crash, published in 1992. In his novel, Stephenson describes the Metaverse as an all-encompassing digital environment that coexists with the real world.
With the Metaverse anticipated to be an $800 billion business by 2024 and digital giants such as Facebook (Meta), Microsoft, Apple, and Google aggressively investing in, now could be the best time to invest in the tokens that will form the backbone of the industry.
Axie Infinity (AXS) is a blockchain-based metaverse game in which participants may earn real-world money. You will need to purchase in-game NFTs in the form of "Axies". These digital monsters can be employed in battles against other players and computer opponents. By winning battles and challenges you are rewarded with Smooth Love Potion (SLP), which can then be sold on numerous cryptocurrency exchanges and converted to cash. Axies may also be bred by users, with some fetching up to and even over $600,000.
Axie Infinity (AXS) was one of the best performing tokens throughout 2021. The game was already becoming popular before the announcement of Meta. In total, the coin grew by 17000% according to sources meaning that it could have made you a lot of money had you invested at the right time.
Decentraland (MANA) is a virtual reality platform built on the Ethereum (ETH) blockchain. The project began in 2017 with a $24 million initial coin offering (ICO) and has since grown to be one of the Metaverse cryptocurrencies with the largest market valuation. In the virtual environment of Decentraland (MANA), users may purchase, sell, build on, and monetize land.
MANA is the currency of the Decentraland Universe. Residents may use MANA to improve their avatars, get new costumes, improve their names, and purchase extra NFTs.
Decentraland (MANA) is the second most popular Metaverse token behind Axie Infinity. Over the coming months and years, it is expected to develop into an everyday feature of our lives with many celebrities and companies already on board.
Pac-Man Frog (PAC) is on a quest to build a decentralised community by offering a diverse set of services in a dynamic environment. Its goal is to create a community-run ecosystem based on NFTs and gaming finance (GameFi). The network also plans to educate people all around the world about the various difficulties that blockchain and cryptocurrencies address.
A multichain launchpad is one of the characteristics of Pac-Man Frog (PAC). The platform will host Initial Game Offerings (IGO), Initial Metаvеrse Offеring (IMO), and Initial NFT Offеring (INO). These will aid in the funding of high-quality blockchain games in general.
Pac-Man Frog (PAC) is a rising star in the metaverse, and its popularity is expected to skyrocket in the next years. With the presale having just started now could be one the most lucrative times to invest in this DeFi startup. Don't be the one that missed out.
Disclaimer: The information posted in the article is for educational purposes only. By using this, you agree that the information does not constitute any investment or financial advice. Do conduct your own research and reach out to financial advisors before making any investment decisions.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.