Metaverse coin projects are the hotspot of crypto as they encompass play-to-earn, move-to-earn, and many other earning mechanisms. Often times, it is possible that some in-game currency is also NFTs. Crypto expert Will Izuchukwu shares his 5 precious metaverse coin projects under $1 million market cap to stay on your radar.
The first metaverse coin project Spores Network (SPO)
- Unit price: $0.003387
- Market cap: $359,524
- Distinguishing features: Token DPT can be used to interact with integrated third-party DeFi protocols in various ways and earn rewards.
Spores Network has developed multi-chain interoperable NFT marketplace and DeFi protocols for the Creative Industries, including animation, collectibles, digital art, fashion, gaming and sports cards. The project founders believe that a digital ‘metaverse’ is being built that will revolutionize the way we think and act about living, owning and sharing our physical and digital lives. Spores aims to enable users to create, modify and share their work.
The second project on the list is PolkaWar (PWAR)
- Unit price: $0.006654
- Market cap: $551,031
- Distinguishing features: PolkaWar logistics provides NFT conversion service and delivery service.
PolkaWar is a cross-chain, decentralized fighting game. The project includes NFTs and competitive gaming elements. Players can create their characters and fight each other in a realistic fighting world of PolkaWar. In addition, there are possibilities to equip virtual characters with various weapons and accessories. The game also has a stats or points system that allows leveling up and progressing. As a result, more customization is available. Also the developers made it extremely original/interactive game.
Third metaverse coin project Chronicle (XNL)
- Unit price: $0.03381
- Market cap: $698,290
- Distinguishing features: Chronicle users have access to authenticated digital collections licensed directly from the world’s biggest brands.
Chronicle hit the market in 2021. A digital studio and marketplace platform created specifically for fans selling officially licensed digital collectibles, or more commonly known as NFTs. XNL powers the Chronicle platform. One of the main benefits is access to a limited number of collections for a fee. In addition, there are low transaction fees, incentives for betting, voting and administration. Moreover, rewards and bonuses.
LOCGame (LOCG), the fourth project in radar
- Unit price: $0.01415
- Market cap: $711,135.23
- Distinctive features: Play-to-earn mechanics, payments, access to communities, discounts, benefits.
LOCGame is a Blochain-based collectible strategy card game. It includes P2P and metaverse features. The native token of the platform is LOCG. The token is the foundation of the LOCGame ecosystem. The LOCGame ecosystem consists of:
- Marketplace.locgame.io as third-party local NFT marketplace on Polygon and ETH.
- Collectible strategy card game with free-to-play and earning GameFi features.
- Playing card upgrade and purchase token that is also used to bet on LOCG and other prizes.
- Collectible NFT cards featuring a number of celebrities from the cryptocurrency industry.
The latest metaverse coin project Fear (FEAR)
- Unit price: $0.1524
- Market cap: $995.502
- Distinguishing features: Fear is the only platform for horror-focused entertainment and distribution of video games and other horror-related products.
Its developers are also the creators of the legendary Whack It series. They launched the first hybrid NFT token and Blockchain gaming horror series Fear. It is possible for players with cryptocurrencies to access the NFT universe. The primary token for every FEAR game currently in development and for the entire ecosystem is FEAR. FEAR is required for all gamers and consumers of content to purchase their digital products, including games, in-game items (NFTs), animations, and later movies.
This article, which we prepared as Kriptokoin.com, is definitely not trade or investment advice. Make sure to do your own research before buying or investing in any cryptocurrency.
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