Metaverse; It is an online experience based on virtual reality, community, gaming and blockchain. As the cryptocurrency market is extremely volatile, it is difficult to predict the future of Metaverse coins and projects traded on various crypto exchanges. In this post, let’s take a look at 2 Metaverse projects from analyst Raza Nakvi’s list to follow amid the crypto decline.
What Metaverse Coin projects to follow while the market falls?
Gala (GALA)
Gala Games aims to transform the gaming business by creating games that a player wants to play. It was created to change the way players deposit money to make in-game purchases. He wants to make creative games using blockchain technology. Gala Games’ motto is “Give players full ownership of game content”.
The GALA token is a utility token that can be used to purchase in-game items. Obtained by running a node. While the crypto market has plummeted over the past few weeks, GALA has also lost heavily but has shown signs of recovery over the past few days.
At the time of writing, the GALA price is trading around $0.07355. The Metaverse coin has fallen as low as $0.06811 over the past seven days.
Axie Infinity (AXS)
Axie’s digital pets are collected and evolved in Axie Infinity. The game is based on the popular game Pokémon.
Axie Infinity Shards (AXS) are among the most widely used Metaverse coins. Players can earn AXS by contributing to content projects and playing games. According to CoinMarketCap data, AXS price has gained 7% over the past seven days. At the time of writing, it is trading at $20.07.
Which companies are investing in Metaverse projects?
Fortnite, known as one of the greatest games in the world, hosted a VR game and event. Fortnite has pioneered Metaverse gigs, where artists from different genres take advantage of the possibilities of the game’s virtual world. The company is known to have made studies and investments in this area. Meanwhile, Meta, formerly known as Facebook, develops everyday devices for its virtual reality technology. Meta’s popular VR system, Oculus, has provided many clues for the future of the Metaverse. Development in Meta’s new “Horizon” worlds has also appeared as gaming virtual reality.
Finally, Microsoft introduced a primary application for teams called Mesh. The key to the Mesh for Team experience is creating a virtual avatar that acts as your digital identity. This avatar can then be used to explore virtual spaces and spaces in the digital world, an important aspect of any metaverse.
We have covered a detailed guide to Metaverse in this article as Cryptokoin.com .