The crypto market is now at its most competitive due to there being over 18,000. Although it leaves users with various options to choose from, it is equally difficult for blockchain developers to create a platform that uniquely stands out. Blockchains need to be profitable as well as entertaining in order to entice buyers to its network. Chiliz (CHZ) is a crypto network that recognises this importance as it implements sports and entertainment onto its platform. Axie Infinity (AXS) is another prime example of an innovative crypto project, as it incorporates play-to-earn mechanisms to incentivise users.
There is an upcoming blockchain network that plans to emulate the fun that both AXS and CHZ bring to the market, and it goes by the name of MetaCryp (MTCR). But does it have the potential to compete with Axie Infinity and Chiliz?
The MetaCryp Network (MTCR) is a metaverse initiative that aims to provide a safe haven for individuals to escape the stresses of everyday life. Owning the MetaCryp ecosystem's native token grants you access to a slew of intriguing activities and locations to explore in the metaverse. Holders will benefit from increased value as the ecosystem expands.
MetaCryp Metaverse is a community-centric environment in which native token holders make choices. With the token, you gain entry to an elite members-only club of like-minded people eager to unwind and create a wonderful experience in the well-tailored metaverse. Members of the community will have access to personalised country clubs, vacation locations, and event centres under our ideas. People can customise their avatars to meet their specific needs.
Holders of MetaCryp get an opportunity to make massive gains by owning the new cryptocurrency's P2E concept. Furthermore, MetaCryp promises to provide customers with the greatest in blockchain gaming and NFT collections. As a result, consumers may become a part of two fast-growing and extremely rewarding crypto ecosystems. Token holders will be rewarded for engaging in ecosystem governance as well as for their various behaviours and actions in the metaverse.
Axie Infinity is a blockchain-based game where users battle, collect, and build a digital kingdom for their pets. Staking their tokens, playing the game, and voting on crucial governance matters can all win AXS holders awards. Axies are charming NFT pets that users may grow, combat, and trade. The blockchain network bills itself as a play-to-earn (P2E) game, with players able to sell stuff through the game's NFT marketplace while also collecting tokens generated by the game.
Each Axie is a NFT with unique traits and capabilities which can be utilised in multiplayer combat. The winning team earns more experience (exp) points, which can be used to level up an Axie's statistics or develop their bodily parts. These Axies can be coupled together to create new and distinct offspring that can be utilised or sold on the Axie market. In contrast to other blockchain-based battling and breeding games, every Axie can only be bred seven times to help regulate the Axie population. AXS's market capitalization has dropped by 6% in the last 24 hours, causing its value to fall as well. Despite this, AXS is still one of the top fifty most profitable cryptos, thus there is a good chance of a rebound.
Chiliz (CHZ) is the world's most popular digital money for sports and entertainment, and it powers the sports entertainment website Socios. Socios empowers its consumers to take part in the management of their favourite sports businesses. Chiliz delivers blockchain-based technologies to sports and entertainment organisations to help them interact and monetise their consumers.
CHZ's goal is to bridge the gap between active and passive fandom. Chiliz has formed alliances with some of the world's most prestigious athletic organisations, including Manchester City, FC Barcelona, Paris Saint-Germain and Juventus. The cryptocurrency project that plans to partner with another ChainLink (LINK) – an illustrious blockchain network recognised for facilitating globally connected smart contracts. As a result of this arrangement, it will be easier to incorporate third-party sports data into its blockchain-based platform. Furthermore, the partnership has enabled the availability of non-fungible tokens commemorating key events in real time.
Presale: http://presale.metacryptoken.io/
Website: http://metacryptoken.io/
Telegram: https://t.me/MetaCrypOfficial
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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.