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One thing that is common among institutional and retail investors is they all love the metaverse. In fact, investors' conception of the metaverse is that it's a technology that will revolutionize the global financial ecosystem and eCommerce space. The metaverse still has a long way to go before it becomes a fully immersive experience that people can interact with.
Three metaverse projects that have got both proponents and opponents of the ecosystem talking are CryptoPunks, Moonbirds and Chronocatz. These projects are geared towards changing the narratives. In this post, we take a look at the performances of these assets, the journey so far, and highlight the project that has the best potential.
CryptoPunks is an NFT collection built on the Ethereum blockchain. According to the team lead, "CryptoPunks takes the form of 10,000 unique 24×24 pixel portraits developed with inspiration from the cyberpunk scene." Some of these CryptoPunks have been sold in popular auction houses and have raked in millions of dollars in sales in recent years.
Rumors are that high profile celebs like Jay-Z, Snoop Dogg, and Serena Williams may have been involved in the project, as the company integrates NFTs to playable characters for their respective holders. At the time of writing this post, the current price floor of CryptoPunks is 66.49 ETH and the 24 hour trading volume is 213.95 ETH.
Moonbirds is another NFT that has done well in the short period it stormed the market. Moonbirds is a collection of 10,000 utility-enabled PFPs that feature a richly diverse and unique pool of rarity-powered traits. The project raked in over $300m days after launch in secondary sales.
As they dive into the metaverse, The Sandbox has announced plans to allow Moonbirds holders to instantly transform their assets into 3D characters and use them as avatars. It won't be long before you see one of these avatars in your local metaverse as the exclusive club of Moonbirds owners becomes more popular. At the time of writing this post, Moonbirds' floor price is pegged at $12,588.01 with a 24 hour sales volume of 26.8 ETH.
Chronocatz is a newly launched collection of 7,777 unique cats with different accessories, fur, and clothes. Amazingly, the cats wear wristwatches listed on the Chronoly platform, an Ethereum-powered marketplace where investors buy, sell, and invest in luxury watches for as low as $10. Chronocatz holders are granted access to a private members' watch club known as "Chrono Wealth Club." Members of the club enjoy a wide range of benefits, including staking bonuses, private watch auctions, exclusive discounts, and dedicated watch concierge services.
As per the Chronocatz roadmap, the phase one and phase two private mint and whitelist have sold out, with phase two selling over 1300 NFTs. Public mint is now live and ends in 17 days. Experts believe that Chronocatz has vast potential for beginners and younger investors due to the real-world use-cases that the project incorporates.
For more information about Chronocatz.io
Website: https://chronocatz.io/
Telegram: https://linktr.ee/chronolyio
Twitter: https://twitter.com/Chronolyio
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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.
