Can MetaCryp Compete With Metaverse Platforms Like The Sandbox and Decentraland?

Can MetaCryp Compete With Metaverse Platforms Like The Sandbox and Decentraland?
Published on

Despite the increasing popularity of cryptocurrency and digital assets worldwide, many people are still unaware of blockchain technology, the Metaverse, NFTs (non-fungible tokens), P2E (play-to-earn) games, and the opportunities they provide. Two well-known metaverse platforms are The Sandbox (SAND) and Decentraland (MANA). Both crypto projects caught the metaverse hype and their prices were significantly pumped by heavy investments of masses and crypto whales.

However, if you think you've missed out on buying the dip of these two in the recent crypto market crash, another similar project is on your way. Its name is MetaCryp (MTCR) and it offers many options to get free bonus tokens at the time of presale purchase.

All You Need To Know About The Sandbox (SAND)

The Sandbox (SAND) is a blockchain-based game that enables users to enter a virtual world and buy, sell, and create digital assets. It was originally launched in 2012 by Pixowl but caught the attention of the crypto community in the last couple of years.

The project is on a mission to bring blockchain technology into mainstream gaming. SAND is the native token of the ecosystem, which facilitates the transactions as well as fuels the governance of the platform.

Introducing Decentraland (MANA)

The Decentraland (MANA) project uses blockchain technology to let people purchase virtual lands in the Metaverse world. It was launched after its successful ICO (Initial Coin Offering) in 2017, which raised $24 million for the project. The Decentraland network uses two tokens that are: MANA and LAND.

MANA is an ERC-20 token used to purchase assets on the Metaverse platform like wearables, avatars, names, and more. LAND is an ERC-721 token that can be acquired by burning MANA tokens.

What Is Unique About MetaCryp (MTCR)?

Built on the Binance Smart Chain (BSC) network, MetaCryp (MTCR) is a GameFi space metaverse that creates a home away from home. Thus, it works to provide people with a virtual space where they can have fun and forget about the stress of their daily lives. The platform will operate as a decentralised autonomous organization (DAO) in which every token holder will have the authority to participate in the governance of the network. However, the decision-making will be based on the amount of MTCR tokens a member holds.

Here are the key elements MetaCryp (MTCR) has in its mission:

  • Metaverse;
  • Play-to-Earn (P2E) games;
  • Decentralized Finance (DeFi);
  • Socialising in a safe and exciting space;
  • Events;

MTCR is the native token of the MetaCryp network with a total supply of 500,000,000 MTCR tokens. It is a BEP-20 token hosted on BSC. From this 500 million total supply, the team will keep 40% for P2E games, country clubs, and holiday venues for the users. There will also be a 10% allocation for the airdrops. The token will have a vesting period of at least two months.

Final Thoughts

The team behind MetaCryp (MTCR) network aims to develop a GameFi world, like a Metaverse with a customizable environment, exciting gameplay and earning functionalities for the users. These GameFi functionalities include in-game assets or NFTs, tournament features, leasing of in-game assets, and native tokens.

Like many other newly-birthed crypto projects, MetaCryp (MTCR) offers multiple options to claim its bonus tokens. For example, if you refer a friend and spend a minimum of $400 to purchase the token, you both will get $100 back. Similarly, you get 32% bonus tokens of MetaCryp (MTCR) on your first purchase for free.

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

                                                                                                       _____________                                             

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.

Related Stories

No stories found.
logo
Analytics Insight
www.analyticsinsight.net