The mass adoption of cryptocurrency and blockchain technologies is imminent. Though several concepts exist, such as Decentralised Finance (DeFi), NFTs, and GameFi, none has generated more buzz than the metaverse.
Metaverse projects can revolutionise how people connect and interact with one another. Furthermore, these virtual worlds open the door to digital asset ownership and in-game monetization, which has the potential to disrupt several industries.
To help you gain a better grasp of this burgeoning field, this article will analyse Decentraland (MANA), The Sandbox (SAND), and Mushe (XMU), the three greatest metaverse crypto projects for 2022, highlighting their characteristics and value potential for the coming months and years ahead.
The World Of Decentraland (MANA)
Decentraland (MANA) is an Ethereum-based, 3D decentralised virtual reality platform where users can create, experience, and monetize/trade their content and applications.
More specifically, Decentraland is a metaverse where individuals and brands can advertise their goods, services, and content to consumers. However, they will require a piece of virtual real estate.
Virtual lands are purchased with LAND tokens; these are NFTs acquired by burning the native token, MANA. These virtual lands are quite valuable, with one plot selling for as high as $3.5 million.
Furthermore, Decentraland is controlled by a Decentralised Autonomous Organisation (DAO), which is formed by the community and is in charge of the project’s treasury. Yet, what makes this platform stand out in the cryptocurrency market is its several use cases.
For example, LAND owners can curate and share content. Also, creators can issue tradable NFTs that fans can collect. The platform’s use cases may potentially extend to education, virtual tourism, and 3D design in the future.
Get Involved And Rewarded On The Sandbox (SAND)
Another huge metaverse project focusing on games and content creation is The Sandbox (SAND). It incorporates a 3D Voxel style popularised by games like Roblox and Minecraft, as well as a land-selling mechanism similar to that of its counterpart, Decentraland. However, The Sandbox uses both LAND and ASSET ERC-1155 tokens to compensate content creators for their contributions to the metaverse.
Players can interact with each other, explore the gaming world, and buy virtual lands. In-game items like clothing and land exist as NFTs and are tradeable on the platform’s NFT marketplace, The Sandbox Shop. This marketplace is powered by SAND, the metaverse’s utility token.
Mushe (XMU) Aims For Improvements In The Metaverse
Mushe (XMU) is a decentralised peer-to-peer (P2P) network that allows users to design, build, and share a virtual metaverse. Mushe aims to create an interactive metaverse that incorporates various crypto concepts, including DeFi, NFTs, and play-to-earn (P2E) gaming.
Users will be able to manage all their tokens through the Mushe Wallet. This is aimed at making the Metaverse more immersive. All MusheVerse trades, including NFT sales and the sales of other digital assets, would be facilitated by the Metaverse bank.
The Mushe project wants to provide a new perspective to the industry by making the crypto metaverse more robust and inclusive. The project plans to solidify its status as a fully decentralised multi-chain metaverse by migrating to the Stellar (XLM) and Solana (SOL) blockchains.
It would also lower the entry barrier by allowing users from several blockchains to connect to its network. While in its presale stage, the Mushe (XMU) may represent a solid buy in the months and years ahead.
Given its fascinating P2E aspects and potential to transform into a multi-chain project, Mushe’s new metaverse project is certain to make headlines this year.
Furthermore, its decentralised nature will appeal to a broad target audience and create opportunities for community members to earn a steady income.
To find out more about Mushe (XMU), check the links below: