The Metaverse and non-fungible tokens are gaining considerable attention each day. The potential offered by Blockchain initiatives, which act as a link between the digital and physical worlds, is beginning to garner the attention of an increasing number of people. It’s interesting to note that even though hundreds of meme coins and NFTs have flooded the Metaverse market, traders and investors are looking for projects with a good reputation that will last a long time and won’t run out of resources. Even though the Metaverse is still in its infant stages, it is reasonable to believe that the widespread use of Blockchain technology and cryptocurrencies will make the voyage easier.
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If you are thinking about purchasing cryptocurrency tokens focused on the Metaverse, you have probably noticed that some of the most successful investments in recent times have been heavyweights such as Decentraland, or Mana, the Sandbox, or called SAND, and the promising coin Sensorium Galaxy. These are just a few examples. We will discuss the top three Metaverse cryptocurrencies that are trending.
Why do industry insiders believe that investors in cryptocurrencies could make millions of dollars before the end of the year?
Number one: Decentraland or MANA? Decentraland, also known as MANA, is a platform for virtual reality that gives users the ability to create and sell their own original content. Decentraland is an immersive experience offered on a platform based on the blockchain and promises to create a network that its participants will control. It was estimated that there were approximately 1.49 billion MANA tokens in circulation in January of 2021.
This accounts for around 68% of the total number of 2.19 billion Mana available right now. Broslyn Capital, Digital Currency Group, Animoca Brands, and Boost VC are just some of the companies that have invested in Decentraland. On the platform of a shared Metaverse, users can purchase successful plots of land, which is an intriguing feature. Users can also engage in activities such as interacting, communicating, creating and playing inside a metaverse. To put it more simply, Decentraland is an environment that is not centralized in which users can explore the LAND they own, interact with the landscape and structures, virtual trade assets, and connect. Users can communicate with one another by building peer-to-peer connections using servers that landowners or third parties offer. Peer-to-peer connections are necessary in the absence of a centralized server to facilitate social interactions between users and apps that the landowner intends to run within the property. Peer-to-peer connections can be established between any two users on the same network.
Moving on to number two: we have the Sandbox or SAND. The Sandbox, or SAND, is well known for its two major mobile hits, the Sandbox in 2011 and the Sandbox Evolution in 2016, which have had a combined total of over 40 million downloads on IOS and Android.
The Sandbox was released in 2011. In 2018, the mobile game developer and publisher Pixowl decided to move its successful user-generated content gaming intellectual property as well as a large network of content creators to a Blockchain ecosystem. In 2012, the Sandbox, also known as Sand, was presented to the public as an open-world mobile game for the first time. The PC version of the game was made available on Steam in 2015. The alpha version of the Sandbox was made available for download on November 29th, 2021. Several different capital venture firms, including Alpaca VC, Ash Park Capital, and Blue Pool Capital, have invested in this initiative. In total, there were 2,482,301 social media posts made on Twitter and Reddit on May 11, 2022, and the Sandbox was mentioned in 1,962 of those posts. 1,635 unique individuals are now evaluating the Sandbox.
It is positioned at the 99th spot for the most mentions and engagement based on collective tweets. The Sandbox is a community-driven platform that allows content creators to monetize gaming experiences and voxel assets on the blockchain. Let’s break down the name. The utility token known as SAND is utilized across the Sandbox ecosystem to serve as the foundation upon which transactions and interactions are conducted. It is a utility token based on the ERC-20 standard and created on the Ethereum platform. There is a limited availability of 3 billion million grains of Sand. What about the land? The Sandbox Metaverse is composed of lands, which are sections of the globe owned by players and can be used to create and sell experiences to other users. There will never be more than 166,464 LANDS available, each of which may be utilized to play games, construct multiplayer experiences, design residences, or provide the community with opportunities to engage in social activities. However, in comparison with other games of its kind, the Sandbox stands out from the crowd by providing unprecedented degrees of player customization.
The VoxEdit service, a 3D voxel modeling and NFT creation software, is one of the primary means via which the Sandbox accomplishes this goal. This makes it possible for players of the Sandbox to construct pretty much whatever they want, and their inventions can later be turned into a source of revenue by selling them to other players through the Sandbox’s marketplace.
As far as number three is concerned, we have Sensorium Galaxy. Sensorium, or Senso, also known as Sensorium Galaxy, is a next generation social VR platform, merging a revolutionary extended reality Metaverse with Artificial intelligence and blockchain technology for the next level experience. It will be released in May 2020. It features a robust and always expanding ecosystem of content and artists, gaining relationships with world-class giants such as Armand van Buren, Black Coffee, David Guetta, Steve Aoki, and others. The platform will feature dozens of high-quality VR activities to stimulate the senses and foster frequent and stronger interpersonal interactions. Sensorium Galaxy is a digital Metaverse creation in conjunction with some of the world’s leading artists, producers, and media organizations. In development, this Metaverse comprises multiple worlds, each serving as a hub for a distinct set of experiences. The PRISM is the most important world in the Sensorium Galaxy, serving as a gateway to music and entertainment. Here, at Metaverse users will access VR performances by chart-topping artists such as David Guetta, Steve Aoki, Armand van Buren, and many others.
By combining cutting-edge AI and VR technology with top-tier entertainment content in a virtual reality environment galaxy, Sensorium can provide an unparalleled multi-sensory experience that extends to its other worlds, such as Motion, which will host mindfulness and self-exploration and encourage the attainment of higher levels of knowledge.
Do you know that in Q1 2022, Sensorium Galaxy hit a big milestone for its cellular utility by onboarding over 100k customers to its Metaverse? People from all over the world are getting ready for the public opening of Sensorium Galaxy, one of the most anticipated Metaverses in the entire world. The number of users is swiftly growing. Over 100,000 people have already entered the Sensorium Galaxy Metaverse. According to the first quarter of 2022, most of them are users of the company’s smartphone application, according to the official website.
‘As we move closer to the Web 3.0 paradigm, it’s essential to change our perception of users as consumers and involve them directly in creating the Metaverse. To ensure seamless access to the Metaverse, we created the Sensorium Galaxy Mobile App – an on-the-go metaverse hub to communicate, play, and create,’ explains Alex Blagirev. The SG Mobile App introduced visual interface modifications, enabling light and dark themes, removing pixilation from all assets and bringing graphics substantially closer to the AAA level. The app design is constantly being refined to better adapt to the needs of mobile users and ensure a smooth creative experience. Our goal is to make it easy for everyone with a smartphone to join the Sensorium Galaxy the Metaverse and co-creating. All AI virtual beings created by users will eventually be available on the VR platform.
The app’s most recent version included a revamped character gallery with great customization choices for virtual beings. Users can now customize the appearance of their virtual beings by altering their entire colors. Last but not least, the app introduced an in-app video editor which simplifies the creation process by allowing users to trim their films and upload them to social networks without difficulty. Participate in a global 3D art competition, announced on April 20th, if you wish to join the Sensorium community and support the initiative. Sensorium, partnered with Roborace, the company behind the first autonomous electric vehicle racing service. ART, the top-level domain designed for the global art community, will host an art competition dedicated to promoting the transition of art into the Metaverse.
With a current market capitalization of $7.2 million, Sensorium is an incredibly underappreciated Metaverse cryptocurrency that is now extremely undervalued. Due to the platform’s large number of partnerships and users, Sensorium’s price may increase substantially during the future crypto bull market. SENSO is the first utility asset on the platform built with the ERC-20 token standard on the Ethereum network. The primary functions of SENSO include connecting with the Metaverse and its mobile app to purchase items, etc. SENSO may be purchased on Poloniex, Hotbit, HitBTC, FMFW.io, BitForex, Gate.io, Bittree, KuCoin etc.
I advise you to conduct your research and consider adding the Metaverse category to your portfolio. My opinion is that it’s worthwhile to pay attention to projects like SENSO that are preparing for launch and have a smaller cap coin with a large and beautiful product, as this maximizes the potential returns. In addition, increase the number of stable initiatives to reduce risk. We see where this trend will lead us.
[This article is a transcription of a video made by Crypto Diary]
Original video: https://youtu.be/WWy2Wc1Sy9s]