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Metaverse Coin Revomon (REVO) Price Up 16% Amid Mobile Game Announcement – The VR Soldier

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Metaverse coins perform exceptionally well this weekend as cryptocurrency markets manage to hold support. Revomon (REVO) has been one of the top-performing Metaverse projects this week, rising by over 47% in the past seven days and over 21% over the past 24 hours. Let’s look at Revomon and its token REVO and see why the price is rising so much.
revomon metaverse coin
Launching in April 2021, Revomon (REVO) is one of the most underrated low market cap Metaverse coins on the market. It’s a Pokemon-inspired blockchain-based Metaverse game featuring the latest VR tech, combining it with NFTs and the popular P2E model to enable users to earn rewards for playing the game.
Revomon is 100% free to play, and the game is developed with the Unity game engine. Users can currently check out the Revomon game by downloading it on their Oculus Quest 2 devices and experiencing its immersive VR world.
Revomon also features a robust dApp enabling users to stake tokens, farm liquidity, participate in governance, etc.
revomon dapp
Users can connect to the dApp via a browser-compatible wallet like MetaMask and explore the various features available.
While users can open booster packs with REVO tokens and participate in various aspects of its DeFi platform, they don’t need to own any cryptocurrency to check out the game. We recommend giving it a try, especially if you own an Oculus Quest 2 Device.
Users can download and install the game’s beta version via Sidequest, a popular VR platform for VR games on Oculus devices.
Check out the official Revomon trailer for this play-to-earn game:
REVO is the primary utility token for Revomon, featuring both BEP-20 and ERC-20 versions compatible with the BNB and Ethereum chains. REVO can be used to open booster packs, earn rewards by staking, participate in DAO governance, etc.
The most likely reason for REVO’s recent price hike is yesterday’s announcement by the team that the Revomon Mobile Game version is coming at the end of April.
The mobile game release will make the game much more accessible to users, especially those who don’t own a VR headset.
Revomon Mobile Game version is coming at the end of April 📲👾
We keep building as part of the #MVBIV program lead by @BNBCHAIN
At the moment, #Revomon is purely in VR, true definition of metaverse immersion. But soon, the gateway for the mass adoption will open 🌐 pic.twitter.com/RNqRynffTq
— Revomon (@RevomonVR) April 2, 2022

The team provided a sneak peek of the game on Twitter, and REVO received significant traction in response to the announcement.
It’s clear that the Revomon team continues its hard work on the game and has proven that it can create a quality app for the wider crypto community.
In addition, the Revomon ecosystem is growing as the total amount of staked REVO tokens surpassed 4 million on April 1st, roughly $1.9 million at writing.
If you’re looking to bet on this project and purchase REVO tokens, we recommend staking them on the Revomon finance dashboard to accrue additional rewards.
You can buy REVO on Gate.io, Uniswap (V2), PancakeSwap (V2), XT.COM, BKEX, and CoinTiger.
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 $12 Million (April 2022)

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© 2022 The VR Soldier
© 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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