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Best metaverse crypto in 2021 – Laptop Mag

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By 04 November 2021
Best metaverse crypto ranked by their potential to disrupt the world.
Note: This is not financial advice. This is for educational purposes only. Please note that cryptocurrency is a highly volatile asset class; only invest what you can afford to lose.
The best metaverse crypto is a digital asset that has the potential to positively disrupt our world as tech giants like Facebook and Microsoft work to launch sprawling alternative universes that transcend our physical world. 
Interest in metaverse-focused cryptocurrencies soared after Facebook announced its new name: Meta. The social media giant retired its former name, Facebook, because it believes that it only represents a singular product. “Meta,” the prefix of the word “metaverse,” involves the concept of shared virtual worlds and communities, which is the branding Facebook hopes to encapsulate.
Microsoft is dabbling in the metaverse world, too. It recently introduced Mesh for Teams, a virtual workplace (Facebook has something similar called Horizon Workrooms). As such, daredevil investors are itching to get their hands on the best metaverse crypto.
Fortunately, we’ve done our research and we know which cryptocurrencies you should keep an eye on. Check out our list below to snag one of the best metaverse cryptocurrencies of 2021.
The best metaverse crypto is SAND, a token launched by The Sandbox. In early November, SoftBank (one of the most influential tech companies in the world), invested a whopping $93 million in The Sandbox’s metaverse game. With such a powerful backer on its team, The Sandbox is now in the spotlight as a metaverse platform investors should keep their eye on.
To understand how SAND comes into play, you need to know what, exactly, is The Sandbox. The SandBox is a virtual metaverse that lets users build, own, and even monetize their virtual experiences. SandBox plans on disrupting game makers such as Roblox and Minecraft by giving creators the opportunity to develop their own virtual worlds without a central authority.
In order to participate in The SandBox, you’ll need to own a token called SAND. This metaverse crypto is required for playing virtual games, buying digital equipment and customizing your avatar. You can also earn SAND during gameplay.
Of course, SAND isn’t the only hot metaverse crypto on the market. Other tokens that have caught metaverse investors’ eyes include Decentraland (MANA), MetaHero (HERO) and more.
The best metaverse crypto 2021
SAND is the native token of The SandBox, a blockchain-based game and metaverse world that lets you purchase, sell and stake various non-fungible token (NFT) assets, namely virtual plots of land.
SAND runs on the Ethereum blockchain. One advantage of this is that Ethereum is a secure and stable network. On the flip side, Ethereum is notorious for imposing hefty gas fees on users who want to transact on its blockchain, so that’s one downside of purchasing SAND.
 Where to buy SAND: Binance, KuCoin, BitHumb
Decentraland
Decentraland, known as a “virtual social world,” encapsulates everything that is the metaverse. To keep things short and succinct, Decentraland, launched in 2015, is a digital environment that mimics the physical realm. In Decentraland, you can attend virtual events, play games, trade digital goods in marketplaces and hang out with other members around the world.
Players who’ve explored Decentraland say it’s reminiscent of Second Life, VRChat and even Animal Crossing. Every virtual element in Decentraland is owned autonomously by its players. Users can secure virtual property ownership via a cryptocurrency called MANA, which, like SAND, runs on the Ethereum blockchain.
 Where to buy MANA: Binance, Coinbase, KuCoin, Kraken
The best metaverse crypto in 2021: Metahero
Metahero isn’t as established as Decentraland; it launched this year. However, its token, HERO, is attracting a lot of attention among metaverse pundits due to Metahero’s fascinating, mind-blowing project.
Metahero is a 3D-scanning technology that recreates real-world objects, humans included, and recreates them into ultra-HD avatars. In other words, the core mission of Metahero is porting physical objects into the digital, virtual realm. These virtual objects are also minted as NFTs.
According to CoinMarketCap, Metahero already has an operational, 4K public chamber that’s ready for scanning in Doha, Qatar. The team plans to place more scanning chambers in Tokyo, Berlin, New York, Seoul and more.
In order to use Metahero, you’ll need to secure HERO tokens. HERO is built on the Binance Smart Chain, so you don’t have to worry about paying bank-breaking Ethereum gas fees.
Where to buy Metahero: KuCoin, Gate.io, PancakeSwap
The best metaverse crypto in 2021: Star Atlas
Star Atlas is a virtual gaming world that takes place in the year 2620. As a citizen of Star Atlas, it’s up to you to excel at territorial conquest, political domination and resource collection. As you struggle through intergalactic conflict, you’ll have the opportunity to earn rewards in the form of tokens.
ATLAS is the main in-game currency of Star Atlas, which fortunately runs on Solana. I say “fortunately” because Solana is known as the “Ethereum killer.” It’s designed to offer the same services that Ethereum delivers, but without the wallet-burning gas fees and poor scalability. 
Players can use ATLAS to buy digital assets such as ships, crew, land and equipment. Another in-game currency one can secure in Star Atlas is POLIS, which is mainly used for in-game governance procedures (e.g. publication of laws and decrees as a Star Atlas leader).
Where to buy ATLAS: FTX, Gate.io, Raydium
The best metaverse crypto in 2021: Blok
Bloktopia is a metaverse that features a virtual skyscraper with 21 floors. Why 21? Well, the Bloktopia team wants to pay homage to Bitcoin, which has a cap of 21 million. In this VR skyscraper, Bloktopia members can create their own avatas, socialize, learn about crypto and purchase metaverse “real estate.” 
best metaverse crypto 2021: Blok
With this VR real estate, users can create artwork, games, challenges, scenes and more with a simple builder tool that will be at their disposal. Bloktopia runs on Polygon, which uses the MATIC token to power its network. Unlike Ethereum, it allows affordable and rapid transactions.
Kimberly Gedeon, holding a Master’s degree in International Journalism, launched her career as a journalist for MadameNoire’s business beat in 2013. She loved translating stuffy stories about the economy, personal finance and investing into digestible, easy-to-understand, entertaining stories for young women of color. During her time on the business beat, she discovered her passion for tech as she dove into articles about tech entrepreneurship, the Consumer Electronics Show (CES) and the latest tablets. After eight years of freelancing, dabbling in a myriad of beats, she’s finally found a home at Laptop Mag that accepts her as the crypto-addicted, virtual reality-loving, investing-focused, tech-fascinated nerd she is. Woot!
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Facebook parent Meta launches startup accelerator with India’s IT ministry in metaverse push – TechCrunch

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Meta Platforms is looking at India’s burgeoning startup ecosystem as it bolsters its bet on the metaverse. The social juggernaut has partnered with the Indian IT Ministry’s startup hub to launch an accelerator in the country to broaden innovation in emerging technologies, including augmented reality and virtual reality, officials said Tuesday.
MeitY Startup Hub and Meta’s effort, called XR Startup Program, will work with 40 early-stage startups and help them in research and development and developing workable products and services. Each startup will also receive a grant of over $25,000, the American giant said.
The program, supported by Meta’s $50 million XR Programs and Research Fund, will initially hand pick 80 startups to attend a bootcamp. It will also help startups with finding customers, inking relationships and raising funds, Meta said.
Rajeev Chandrasekhar, Minister of State for Electronics & Information Technology and Skill Development and Entrepreneurship, said the program is especially aimed at helping encourage technology innovation in smaller cities and towns.
The XR Startup Program is the latest of Meta’s growing participation in the South Asian market’s upskilling efforts. The firm, whose Facebook and WhatsApp services identify India as their largest market by users, partnered with Central Board of Secondary Education, a government body that oversees education in private and public schools in the country, to launch a certified curriculum on digital safety and online well-being, and augmented reality for students and educators in the country.
The program — to be implemented by four Indian institutions, including IIT Delhi — will also host a “grand challenge” for innovation in categories including education, healthcare, entertainment, agritech, climate action, sustainability and tourism, the American giant said.
“India will play a pivotal role in defining future technologies. Decisions and investments made here in India now shape global discussions on how technology can deliver more economic opportunity and better outcomes for people. It is critical that we help to create an ecosystem that will enable India’s tech startups and innovators to build the foundations of the metaverse,” said Joel Kaplan, VP of Global Policy at Meta, in a statement.
Meta’s interest with working with startups in India is also not newly found. The company has backed three startups in the country, including social commerce platform Meesho and online education group Unacademy.
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“India’s rapid tech adoption combined with a vast pool of tech talent puts the country in a vantage position for shaping the future of the internet,” said Ajit Mohan, VP and MD of Facebook India, in a statement.
“For this future to be equitable, it will require active participation from all stakeholders, including developers, businesses, creators, policymakers, and entrepreneurs. We are excited to collaborate with MeitY Startup Hub and hope that the XR Startup Program will act as a catalyst to unlock the use of immersive technology across sectors like education, healthcare, agritech and tourism, not only in India but across the globe.”

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