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Top 5 Metaverse Coins With Long-Term Potential to Watch in April 2022 – The VR Soldier

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There are hundreds of Metaverse coins on the market, each offering unique projects, solutions, games, etc. It may be hard for those new to the space to figure out which Metaverse coins have substance and will be viable next year, as many cryptocurrency projects are based on hype, and their lifespan is only a few months. Today we look at our pick of the top five Metaverse coins with tremendous long-term potential and could see significant price gains of 5X-10X this year.
Note: The list below is ordered by the current market capitalization of each project, lowest to highest.
Launched in June 2018, CEEK VR is a Metaverse platform featuring various virtual reality experiences, including sports, entertainment, music, TV, and more.
CEEK’s mission is to directly connect athletes, artists, and other digital content creators with their fans in their vast digital world. The platform is one of the few in cryptocurrency to secure high-profile collaborations with icons like Sting, Lady Gaga, Demi Lovato, U2, etc.
ceek vr
Moreover, CEEK includes its branded high-def 4D headphones and branded VR headset available in major retailers like BestBuy and Target. If you’re looking for a next-level blockchain experience, we highly recommend checking out the CEEK VR platform.
In addition, CEEK includes an NFT marketplace and will enable the online trading and creation of blockchain-based digital assets, making this project a must-watch in April 2022 and beyond. Through its NFT marketplace, CEEK will allow users to own music rights, track royalties, and much more.
The primary utility asset on the platform is CEEK, featuring both ERC-20 and BEP-20 versions on the Ethereum and BNB chains. The token’s utilities on the platform include participating in VR spaces for different concerts, sporting events, tech talks, charity fund-raisers, etc.
You can purchase CEEK on PancakeSwap, ProBit Global, Uniswap, BKEX, LATOKEN, MEXC, etc.
Launched in December 2017, The Worldwide Asset Exchange, aka WAX, is a specialized NFT and Metaverse blockchain and platform built for Metaverse and NFT apps. It’s on this list because it features one of the most robust and active gaming communities on the market, with some of the most popular games built on WAX, including but not limited to Alien Worlds, Farmers World, Splinterlands, and more.
For a comprehensive review of the various projects on WAX, check out this article for the Top 5 Most Popular Metaverse Games Built on WAX.
The WAX blockchain is unique because of its delegated proof of stake consensus mechanism, which significantly reduces the cost of transactions. WAX utilizes three resources in place of traditional gas fees, including CPU, RAM, and NET. Users can stake WAXP (the native token on the platform) in exchange for those resources and can always unstake the original tokens to receive any money spent on transactions back.
In addition, WAX is exceptionally user-friendly, not requiring you to download third-party wallets or apps like MetaMask, Phantom, etc. WAX features an online WAX Cloud Wallet integrated into every project on the WAX blockchain, making it easy for new users to start playing games, browse NFT marketplaces, manage their assets, and more.
wax cloud wallet
With some of the most popular games hosted on the WAX blockchain, this project has tremendous long-term potential and will last well beyond 2023, making it a must-watch in April 2022.
WAXP is the primary utility asset for the blockchain, enabling users to interact with WAX’s ecosystem, buy NFTs, access various games, etc.
You can purchase WAXP on KuCoin, Binance, Huobi Global, WazirX, Gate.io, Bithumb, Crypto.com Exchange, Bittrex, etc.
Launching the Alpha in December 2021, The Sandbox is currently the fourth-most valued Metaverse coin. It’s also one of the most funded projects in crypto, receiving substantial investments from influential groups like Softbank, who invested over $90 million in the Metaverse platform in November 2021.
club xyz the sandbox
This Metaverse project also features one of the strongest communities on the market, and its SAND token features over 135k holders, ranking it as the third-most-held Metaverse coin.
The Sandbox’s Metaverse features a colorful RPG-style 3D virtual world best described as a hybrid between Minecraft’s blocky design and Fortnite’s colorful theme. If you haven’t checked out its Alpha yet, we recommend downloading the client and giving The Sandbox a try. It’s 100% free to play.
In addition, The Sandbox features one of the most sought-after virtual real estate markets, and users can browse its collection of NFT lands on OpenSea. The floor price for a The Sandbox land plot is 1.7 ETH, roughly $5.1k.
If you have the money to spend and want to purchase virtual real estate in the Metaverse, The Sandbox makes a great choice. In addition, as one of the leading Metaverse projects on the market, The Sandbox has tremendous potential in 2022 and beyond as the team continues working on its product and is gearing up for the official mainnet release, hopefully later this year.
The primary utility asset for The Sandbox is SAND, an ERC-20 asset enabling holders to buy in-game items, stake them for rewards, and more.
You can buy SAND on KuCoin, MEXC, Binance, WazirX, FTX, Crypto.com, ZB.COM, Bittrex, and more.
Launching in 2018, Theta Network is the second-most-valued Metaverse coin on the market, offering a slightly different approach to the new sector. Theta is the leading NFT drop platform featuring some of the most high-profile partnerships in crypto.
theta network
Theta Network’s NFT drops include collaborations with world-class artists like Katy Perry, Wiz Khalifa, and iconic TV shows like The Price Is Right and American Idol. If you’re looking to purchase fully licensed and authenticated NFTs, we recommend making an account on Theta.
The platform is known to have some of the hottest NFT drops that easily double or even triple in value only hours after the initial drop. If you’re looking to make easy flips on NFTs, you must check out Theta.
In addition to being an NFT platform, Theta also features a streaming platform allowing users to earn TFUEL tokens. Moreover, Theta includes a unique TNT-20 token standard enabling brands and businesses to launch their tokens. The TNT-20 standard is comparable to the popular ERC-20 and BEP-20 standards.
THETA is the primary utility asset on the platform, enabling users to purchase NFTs, access the latest drops, earn rewards, and much more.
You can purchase THETA on Binance, KuCoin, Crypto.com, Bybit, and more.
Launched in February 2020, Decentraland is the second-most-valued Metaverse coin and undoubtedly has one of the best long-term potentials. As the leader in Metaverse platforms, it features the most number of players in its virtual world out of all the projects in crypto, making it a must-watch in April 2022 and beyond.
decentraland desktop client
Decentraland’s Metaverse is free to access and features a 3D virtual environment with dozens of experiences ranging from virtual clubs, virtual casinos, play-to-earn games, and much more.
The platform features one of the most robust ecosystems with hundreds of fun activities for players to do. Whether you’re looking to socialize with your friends or earn rewards via play-to-earn games, you’re bound to find a fun activity to immerse yourself in Decentraland.
Like The Sandbox, Decentraland features a robust virtual real estate market, including NFT plots of land on OpenSea.
It also features one of the highest virtual real estate prices, with the current floor price for a plot of land at 2.6 ETH, roughly $7.7k. Whether you’re looking to buy real estate in the Metaverse or bet on the future of Decentraland’s MANA, this project is a must-watch in April 2022 and beyond and has some of the best long-term potentials on the market.
MANA is the primary utility asset in Decentraland, an ERC-20 token built on the Ethereum blockchain and compatible with Polygon. MANA’s utility includes purchasing wearable NFTs in Decentraland, claiming rewards, participating in exclusive events and activities, etc.
You can buy MANA on Gemini, Gate.io, Kraken, LBank, Binance, Coinbase, etc.
Disclosure: This is not trading or investment advice. Always do your research before buying any Metaverse coins.
Also Read:
Top 3 Metaverse Crypto Coins With a Market Cap Below $380 Million (April 2022)

Follow us on Twitter @thevrsoldier to stay updated with the latest Metaverse news!
Image Source: Aphelleon/Shutterstock.com
Mark is a 28 year old internet entrepreneur. He is a bitcoin enthusiast and a technology addict. He loves writing and educating readers about the newest tech trends.
© 2022 The VR Soldier

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Metaverse Crypto Index Fund Launched by Matthew Ball, Multicoin, and Bitwise – Decrypt

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There's a wide array of crypto builders working to bring the metaverse to life, whether it's via platforms, tools, assets, or infrastructure. Now one of the leading voices around the metaverse has launched an index fund focused on crypto assets tied to the next-generation internet.
Today, writer and venture capitalist Matthew Ball announced a partnership with Multicoin Capital and Bitwise Asset Management to launch the Ball Multicoin Bitwise Metaverse Index. Bitwise has also made an associated fund available to qualified purchasers.
"We developed the Ball Multicoin Bitwise Metaverse Index Fund because, prior to today, there was no easy, expert, and methodologically diversified way for investors to have broad-based exposure to bona fide metaverse-focused crypto assets," Ball told Decrypt.
"To this end, the Index doesn't exist to time Event A or Market Conditions B. It exists so that investors can participate in what we believe is a multi-trillion dollar transformation, which will unfold over the coming decade," he continued. "If blockchain is relevant to the future of the metaverse, and our approach is sound, we believe the opportunity is significant—today, tomorrow, next month, and so forth."
The index will feature up to 40 crypto assets chosen by the partners, but a list of included assets was not provided to Decrypt by the time of publication. Bitwise's associated fund is available to qualified purchasers with a $100,000 minimum investment.
Ball described the Ball Multicoin Bitwise Metaverse Index as a "rules-driven index that combines the best of institutional indexing approaches with special adaptations to the crypto and metaverse spaces. That includes various risk screens, such as analyzing liquidity, developer activity, tech and regulatory risk, and "relevancy to the metaverse," said Ball.
"The ultimate goal is to curate the crypto assets that will be outsized contributors to the creation and success of an open metaverse," he added.
The metaverse refers to a future version of the internet that many believe will be built on blockchain technology. It's expected to be a more immersive and interactive experience that people navigate via 3D avatars and use for work, play, shopping, and socializing. It may also use NFT assets for user-owned items like avatars, apparel, and virtual land.
Ethereum-based games like Decentraland and The Sandbox are seen as early examples of the metaverse.
Facebook also showcased its own vision for the space and even rebranded its parent company to Meta last fall. However, it's not entirely clear whether Facebook's plan is for an open platform that is interoperable with others.
Ball is a leading writer on the metaverse whose work has been published in The New York Times, The Economist, and Bloomberg. His book, "The Metaverse: And How It Will Revolutionize Everything," is due out from W.W. Norton in July.
He's also a managing partner at EpyllionCo, which has invested in crypto startups such as Dapper Labs and Mirror, as well as a venture partner at Makers Fund. Ball is also behind the Roundhill Ball Metaverse ETF, which focuses on metaverse-centric stocks and trades on the New York Stock Exchange.
"Our objective was the creation of a diversified, balanced, and expertly-designed crypto Metaverse Index," explained Multicoin Capital co-founder and managing partner, Kyle Samani.
"This required a similarly capable team," he continued. "Matthew Ball is the definitive thought-leader in metaverse strategy and investing. We specialize in crypto assets and are one of the preeminent crypto investment firms. And Bitwise Asset Management is the proven leader in crypto indexes and index funds."

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Meta's losses show the metaverse's costly risk – Insider Intelligence

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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.
3 views: Is the metaverse for work or play?

“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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