Inflation is killing global markets. This causes Bitcoin and Ethereum to struggle with increasing bearish pressure. The short-term outlook for the international and crypto economy is sharpening. On the other hand, crypto expert Kyle Portman says that some metaverse coin projects retain their long-term potential. The expert examines three metaverse coins under $1 to buy in this bear market of June 2022. We have prepared the expert’s choices for our readers with his own narration.
The first metaverse coin project WAX (WAXP)
WAX (WAXP) launched in December 2017. Altcoin is a leading metaverse and NFT Blockchain built to support the latest dApps. It has a robust ecosystem of various crypto games. Also, Alien Worlds, Mining Network, Splinterlands, Farmers World etc. It hosts the most popular games on the market, including
WAX is extremely user friendly. It also has a unique WAX Cloud Wallet that integrates with all aspects of the ecosystem. This means users no longer need to install Chrome extensions like Phantom or MetaMask to access their favorite apps. So this makes it extremely easy for new users.
Also, WAX has a unique approach to transaction fees by leveraging three sources on the Blockchain. These are CPU, NET and RAM. It is possible for users to access these resources by staking WAXP tokens, which are native service assets on the platform. WAXP interacts with various games. For example, it gives the opportunity to buy NFTs on the AtomicAssets market.
The primary benefit asset for the WAX ecosystem is WAXP. The token allows users to stake for rewards, participate in management. It is also possible for users to purchase items and interact with various Metaverses and games. Compared to a multi-billion dollar blockchain like Solana, WAX is pretty small. It has a capital of only 218 million dollars.
The second metaverse altcoin, Mines of Dalarnia (DAR)
Mines of Dalarnia (DAR), was introduced in November 2021. One of the best choices among low-value metaverse coin projects. Mines of Dalarnia has a 2D platform game where users earn rewards through the play-to-earn (P2P) model. Users are also able to mine for resources and upgrade their character.
Mines of Dalarnia is built on the Chromia Blockchain. This Chromia is a relatively new Blockchain made for metaverse and NFT games that require a high amount of smart contract interaction. Mines of Dalarnia is 100% free to play. In addition, users have the opportunity to earn rewards immediately. The developers recently released the game on the main-net.
Mines of Dalarnia’s primary service asset DAR. The token has both BEP-20 and ERC-20 versions on the BNB and Ethereum Blockchain. Your DAR is primarily used to buy land in the Metaverse, upgrade characters, claim rewards. The current market value of DAR is $78 million. Exceptionally low value. That’s why Mines of Dalarnia is a good project to watch in June 2022.
The latest metaverse coin project Decentraland (MANA)
Decentraland (MANA) launched in February 2020. As you can remember from the news of Kriptokoin.com, it is the most known metaverse coin project on the market right now. It also currently has a market capitalization of over $1.5 billion. Hence the highest value metaverse crypto game. Decentraland has a complete 3D virtual world with both in-browser and desktop client options.
The game was created with the Unity engine. This makes it easy to run it on any device. Decentraland has the most popular metaverse with many users. That’s why it includes dozens of activities that players can enjoy. There are several opportunities to start earning cryptocurrencies in the form of P2P games on Decentraland.
Also, Decentraland owns one of the most popular virtual real estate marketplaces on OpenSea. The current bear market has hit cryptos hard. That’s why Decentraland lands fell to an all-time low. Previously, it was necessary to pay 10 thousand dollars for a single plot of land in Decentraland.
The primary service asset for Decentraland is MANA, an ERC-20 token on the Ethereum Blockchain. It allows users to purchase NFT wearables, claim rewards, access special events, etc. It is possible to use MANA for
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