The analyst at popular crypto channel Coin Bureau highlights a number of altcoins that, in his opinion, investors should keep a close eye on.
Known in the industry as Guy, the man told his 1.7 million subscribers about three long-term successful Metaverse projects, starting with Axie Infinity (AXS).
Guy says AXS has been at the forefront of the play-to-earn gaming trend for months and remains strong to this day.
“I have to admit that Axie doesn’t have a lot going for it … in fact, it’s mostly about Pokemon-inspired characters fighting and appearing in a simple strategy game.
However, it has so far generated a trading volume of around 27,500 ETH on OpenSea and has over 30,000 active users.
Axie’s success is based on the fact that it gives users the ability to make money playing games, a revolutionary economic advance. “
Daily AXS / USDT Chart | Source: TradingView
AXS is trading at $ 139.32 at press time, up 10% over the past week.
Next, Guy moved to The Sandbox (SAND), a blockchain-based virtual world where attendees can buy, sell, and trade digital assets such as NFTs and virtual real estate.
Originally a 2D mobile game, The Sandbox has since turned into a 3D metaverse based on Ethereum (ETH). According to Guy, the uniqueness of the platform’s virtual properties is what makes it stand out.
“What I find particularly compelling about The Sandbox is its Metaverse-based virtual land. LAND is the digital real estate in The Sandbox where players can buy, build and experience.
Essentially, this means that players can bring in-game assets into their country to create an authentic gaming experience.
It is important to note here that each country is classified as an NFT on the Ethereum blockchain and stored in the chain, making the countries tradable and customizable. “
SAND / USDT daily chart | Source: TradingView
SAND is trading at $ 6.49 at press time.
Eventually, Guy headed for Netvrk (NTVRK), a virtual social world that allows users to create different types of NFTs and generate passive income by selling or renting their properties. In addition, it allows users to buy “premium” real estate with tokens.
“This Metaverse project also enables users to purchase virtual domains of real estate, including buildings, offices, vehicles, houses, and anything else you can think of.
Now imagine if you could use the platform’s tokens to buy land at key points, like that cute loft on the beach of an apartment downtown. With Netvrk this is definitely possible. “
NTVRK / USDT daily chart | Source: TradingView
NTVRK is trading at $ 6.55, up 21% from last week.
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