The metaverse is a virtual universe where land can be purchased, built, and customized. According to reports, the metaverse space is worth $1 trillion. Investors are now searching for the best metaverse crypto to purchase.

The metaverse has seen a huge flow of funds since the rebranding of Facebook as Meta. A large portion of digital assets belonging to the metaverse category saw double-digit increases in late November. Here is a list with metaverse crypto that you can buy now to reap huge returns

1. Axie Infinity

Axie Infinity, a non-fungible token (NFT), is an online-based cryptocurrency. This blockchain-enabled asset ranks as the #1 metaverse digital asset. It is therefore one of the most desirable metaverse cryptos to purchase right now. Axie Infinity traded at $96.76, an increase of 3.39% over the previous 24 hours.

Crypto is a Pokemon-inspired game, which allows players to trade and breed digital Axies.

Each Axie can be used on Axie's marketplace as an NFT with different strengths and characters.

Axie Infinity Shards are the governance token of the Axie Infinity ecosystem. They grant holders voting rights to participate in community developments.

AxieInfinity is one of the latest game revolutions. It allows users to play the game and earn AXS as a reward. You can also earn tokens that you can trade for cash.

Sky Mavis, creator of AxieInfinity, announced on December 8 that the price for breeding Axies (AxieInfinity's in-game pets), will drop to 0.5 AXS.

This announcement is good news for the community. The AXS players already have allows them to create new characters by breeding.

Axie Infinity sold the "Genesis" plot, a rare piece in its virtual land, for 550 Ethereum (roughly $2.48million at the time).

2. The Sandbox (SAND).

Another platform that uses blockchain to create virtual games is The Sandbox. It allows users to build, buy, and sell digital assets.

November saw the Sandbox achieve a record performance, with its digital asset rising to an unprecedented $8.40 from $3.77. The Sandbox's price is now $4.78. This is an increase of 2.39% over the previous 24 hours.

SAND, a metaverse cryptocurrency to buy right now, is also a key contributor to thriving gaming communities. It operates on a "play to earn" model where users can simultaneously double their roles as creators or gamers.

Recently, the Sandbox has seen a large inflow of funds to the project. Snoop Dogg built his Sandbox mansion recently.

P-Ape, a user identified as P-Ape, paid approximately $450,000 ETH for the virtual land next to Snoop Dogg’s in-game estate to become his neighbor.

After signing an agreement to Coinbase, Adidas also partnered up with Sandbox. Adidas wanted to sell its products in the metaverse, and this partnership was formed.

The Metaflower Super mega yacht, which was the most expensive NFT in the Sandbox metaverse NFT, was sold at a record price for 149 ETH (roughly $650,000).

Investors have spent more than $100 million so far on digital land in the Sandbox. These and many other reasons are why Sandbox is the best metaverse crypto purchase right now.

The Sandbox also announced a partnership between BlockchainSpace and the Sandbox. BlockhainSpace will connect more than 2,600 guilds to Sandbox's digital lands.

3. Decentralization (MANA).

Decentraland is a key player in the virtual world called the metaverse. Users can create and market their content and apps through the platform.

Decentraland set the record for most expensive virtual property sold, when it sold 116 parcels of land for $2.4million.

The Metaverse Group, a subsidiary to Tokens.com paid this huge sum. They plan to use the land for virtual fashion events to promote clothing for digital avatars.

Decentraland sold another land in June for $900,000. This solidified the asset's status as a metaverse crypto to purchase now. In the last 24 hours, Decentraland (MANA), is trading at $3.16. This is an increase of 1.10%.

4. Enjin Coin (ENJ)

Enjin Coin, a project by Enjin that offers a network of interconnected, blockchain-based gaming solutions, is called Enjin Coin.

Enjin, an ERC-20 token, backs all digital assets created or issued on the Enjin platform. This means that in-game objects can be purchased, sold, and traded for real world value. Enjin Coin (ENJ), a digital store-of-value, acts to back non-fungible tokens.

Hololoot is a leading NFT project that uses Augmented Reality technology to transform 3D assets from The Metaverse into reality. It was launched on Efinity, an Enjin network. AR is about creating virtual worlds from the real worlds that people live in.

Enjin has now added Contaverse battle to its roster. This is a game where you can build a robot and fight. Users on the Enjin blockchain now have access to Contaverse, a combat game that allows users to create, grow and fight with their own NFT-powered robots.

Enjin coin has also plans in place to launch Efinity Polkadot Parachain. This will allow Enjin to become a Polkadot Parachin.

PlayNFT will also launch on the Enjin network. Twitch will make it easy for existing and new NFTs creators, to add NFTs.

Twitch streamers can choose from a variety of apps and games where their NFTs should be usable. Then, they can easily distribute their content to their community using PlayNFT's Twitch plugin. The price of ENJ has risen by 3.46% over the past 24 hours to $2.37 as of the time of writing.

5. MyNeighbor Alice - ALICE

MyNeighbor Alice allows you to create and buy digital islands, build amazing items and make new friends.

ALICE, the native token, can be used in many different ways. It can be used as an in-game currency to buy digital assets or skill sets in Alice’s marketplace.

ALICE holders can have input into the affairs of the community and vote on key decisions. You can stake ALICE to earn rewards

MyNeighbor Alias has many features that allow players the opportunity to travel across multiple islands and interact with other players.

You can find plots on virtual islands that are represented by unique NFTs. These plot owners can choose to customize the lands or make them their own.

Asset recently launched a $80m metaverse grant program to enrich and expand the gaming industry. Developers and other teams can apply for this grant to create games or upgrade the MyNeighour Alice platform.

MyNeighbor Alice trades at $12.03 as of this writing. This is an increase of 3.76% over the past 24 hours making it one of the most popular metaverse crypto assets to buy right now.

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By: Jimmy Aki
Title: 5 Best Metaverse Crypto To Buy Now – December 2021 Week 3
Sourced From: insidebitcoins.com/news/5-best-metaverse-crypto-to-buy-now-december-2021-week-3
Published Date: Wed, 15 Dec 2021 14:22:00 +0000