Metaverse projects have been the hot trend of the cryptocurrency market since the last months of 2021. In addition, metaverse projects have merged with another component, DeFi, creating a new coin market recently called “MetaFi”. In this article, let’s list a few projects by which we can get to know the MetaFi market.
3 MetaFi coins
Polygon-based metaverse coin Terra Virtua (TVK), which can be included in the 2022 radar, is designing a platform for virtual experiences. Terra Virtua’s art gallery, a marketplace and NFT collection are already operational. Terra Virtua Fancave allows NFT collectibles to be used as real game items to watch TV, play pinball or trade them for other items made up of giant creatures, robots or ships for the futuristic virtual Terra Dome.
Next MetaFi coin “Next Earth”, NFT marketplace Opensea, The latest metaverse project based on Polygon, powered by DEX platform Uniswap and Chainlink. Next Earth is a virtual land ownership platform that generates revenue from activities undertaken. DeFi is also used for earning, farming and staking native NXTT tokens. In addition to previous projects, Next Earth plans to include fiat payments and business module integrations this year. Recently announced staking options on Binance:
Finally, Terra World , the NFT real estate market, or the Terra Blockchain with metaverse deployments including Terra World Art Hall, a sophisticated NFT gallery for selected digital artists. However, Terra World is known as Terra Office, the first NFT metaverse job service platform: a separate virtual remote work environment for businesses and employees with a decentralized location for job seekers that can be recruited via smart contracts.
Why is Terra Office important?
Terra Office introduces the concept of Metaverse for Work (MFW), a mining system that provides rewards by simply running an office or working in one via the native TWD token. Mining rewards can be used to supplement business expenses, including transaction fees or employee salaries. The TWD token is interchangeable with other Terra, which provides interchangeability across DeFi platforms. The project was launched in 2021 through the crowdfunding platform Pylon. According to the roadmap, by the end of this year Terra World will be able to run official services.
You can take a look at the metaverse guide that we prepared as Kriptokoin.com.
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