Understanding what the Metaverse is…

Understanding what the Metaverse is...

Simply put, the Meteverse is a digital representation of people, places and anything you can think of. In other words, it is a world where real people are represented by digital objects. In many ways, Microsoft Teams or Zoom can be considered a form of Metaverse. In these digital channels, you can be in a static image or a live video. Metaverse is a digital world created to bring people together in a broad context. Metaverse can be used in many areas such as meetings, factory visit, recruitment or training.

Metaverse, which can be used in almost every field. It can be easily adapted to HR and similar departments. Stepping into the world of Metaverse with 3D glasses is an extraordinary experience. Of course, many sellers also want to have a say in this field. While Facebook is on the road to restructuring all of its companies, Microsoft already has a sizable presence in this area. Opening the doors to a much larger world than it is now, Metaverse can be used by companies that want to do any technology, retail and entertainment business.

Metaverse is the future itself

Experts say that the word Metaverse originated from a science fiction book years ago. Since Facebook was the first company to suggest this, there are many conspiracy theories. However, Metaverse is real and the value it will add to our lives can be enormous. You should also know that there is not a single “Metaverse”. There will be many “Metaverses”, some for business, some for commerce, some for education and some for fun. Let’s talk about priority business applications, but rest assured that others will quickly adapt to the market.

Metaverse coins with high potential

Metaverse, which has become popular lately, has also jumped into the cryptocurrency space. More precisely, the already existing metaverse coin projects have started to take off. These cryptos are generally used to buy land and goods in various virtual universes. So, which metaverse tokens should be on your watchlist? According to an article published on Nasdaq, you should follow the 4 coins mentioned below.

Decentraland (MANA)

Decentraland (MANA) is the Ethereum token behind the virtual reality platform. MANA can be used to purchase virtual plots in Decentraland, to pay for goods and services. Decentraland (MANA) itself; It defines it as a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience and monetize content and applications. In this virtual world, users buy plots that they can later visit, build new buildings on and earn money on. MANA tokens can also be used to pay for avatars, wearables, names, cosmetics and similar virtual assets on the Decentraland market.

The Sandbox (SAND)

The Sandbox; players’ assets for design, sharing and play
It is a decentralized virtual world managed by users. Sandbox metaverse is one of the few Blockchain-based virtual worlds trying to change the dynamics of the gaming market and reward creators for the value they generate through user-generated content. It is an ERC-20 utility token built on the Ethereum Blockchain. In The Sandbox, players can turn their gaming experiences into money via the SAND token on the Ethereum Blockchain. Players can create digital ASSETs in NFT format, upload these ASSETs to the market and integrate them into games via Game Maker. Users can earn money in various ways during the time they spend on the platform.

Enjin Coin (ENJIN)

Enjin Coin is a token that uses the acronym ENJ built on the Ethereum Blockchain. It can be defined as a digital currency that can be used on websites and online gaming platforms. Enjin is a startup founded in 2009, a gamer community platform called Inj in Network. The Enjin brand is a well-known brand in the game developers and gaming world. Enjin Coin is a digital currency used in games and gaming platforms.

As you can earn ENJs in games, you can increase your membership level in the game with these ENJs you earn, and you can also buy digital products, digital objects and game items in the game. The fact that njin has been a platform for gamers since 2009 and has reached a player base of over 20 million has enabled it to start one step ahead of similar game-related projects.

The fact that ENJ has an ERC-20 token on Ethereum instead of its own blockchain and supports ERC-1155 smart contracts has accelerated its adaptation. Enjin’s agreements with Samsung, Unity, PC Gamer and similar companies have drawn the attention of game manufacturers and distributors. This means that we will see ENJ tokens in more games.

Axie Infinity (AXIE)

Axie Infinity is a Pokémon-inspired game where individuals can earn tokens through their contributions to the ecosystem and their gaming abilities and contributions to the ecosystem. Players can fight for their pets, collect and upgrade items and build a land-based kingdom. Inspired by popular games like Pokémon and Tamagotchi, Axie Infinity allows players to collect, breed, upgrade, fight and trade token-based creatures known as Axies.

Axies can take a variety of forms and have over 500 different body parts, including aquatic, beast, bird, insect, plant and reptile parts. Although currently in early access, Axie is ranked as the number one Ethereum game by daily, weekly and monthly active users. Axie has generated more than 6,400 ETH (2 million + USD) so far. Axie is a fun game, but also takes on the characteristics of a social networking and business platform, as it is played to win the opportunities arising from its strong community and rapid success.

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