Quick Tips You Need To Know About Metaverse Cryptos

With momentum growing daily around the metaverse cryptos, big names in different industries are beginning to jump into the metaverse ecosystem. The metaverse is an immersive, third-dimensional digital ecosystem with a multitude of experiences that include games, social networks and shopping.

Metaverses are sprawling digital universes that users can access via a computer or virtual reality headset. They allow you to work and play in a fictional, digital realm. Their tokens are a unit of virtual currency used to make digital transactions within the metaverse.

Now, let’s dive in and take a brief look at 3 Metaverse Cryptos.

• Axie Infinity (AXS-USD). This is founded by the Vietnam-based Sky Mavis in 2018, Axie Infinity is a NFT-based crypto game. It is an NFT-based online video game featuring cute cartoon axolotls, has seen its token triple in value in the last few months. It allows users to redeem earnings in-game and exchange for assets outside the game to generate real-life passive income. It’s 52-Week Range: $0.3191 – $165.37 with Market Cap: $8.2 billion. This AXS-USD can be traded on several crypto exchanges.
• Decentraland (MANA-USD). MANA-USD is the fungible token players use to purchase LAND, services and goods in the digital ecosystem. It provides a virtual world where people can buy and sell digital real estate. MANA-USD currently trades around $3.20, up almost 4,000% YTD. Decentraland is entirely owned and governed by users through a decentralized autonomous organization. It has 52-Week Range: $0.07033 – $4.69 and Market Cap of $5.8 billion.
• Somnium Space (CUBE-USD). This Meta-coin allows users to build or buy digital land, homes, buildings and other digital assets. It was originally developed using the Polygon blockchain to eliminate entry barriers for users worldwide. The platform also gives users the ability to imitate their real body movement into an avatar. Users can actually upload full-body Avatars and complete scenes onto their land parcels. CUBE-USD allows for smooth transfers of assets within the metaverse digital ecosystem. This CUBE-USD has gained more than 500% over the past few months.
  Thanks to some big investments by a number of heavy hitters in the blockchain space, Metaverse is rapidly accelerating development of its digital ecosystem. In a nut-shell, Metaverse cryptos are combining NFTs, crypto, gaming and social media into one clean package.