Polkadot, The Sandbox, And MetaCryp Network
The coin market is amid a recession after a prolonged crypto winter. Buyers are unsure which one to buy as stalwart crypto coins are into a bear market. The fear of losing portfolio values has coerced many to pause their trading. New buyers are unsure of where to put their money.
However, sitting is not the right approach to deal with the crypto winter. It is time to study, analyze, and identify crypto tokens with upside potential. Here is a detailed look at three promising crypto coins buyers should consider in 2022.
Launched in 2016, Polkadot occupies 11th place in the list of top 20 crypto coins. With a $7.5 billion market value, DOT offers an alternative to both Bitcoin and Ethereum. For its ability to resolve the scalability and speed problem of Ethereum, crypto enthusiasts nicknamed it Ethereum-killer.
The strength of Polkadot is its interoperability allowing seamless connection with all types of blockchain. Developers can use tools and technology from the Ethereum blockchain while using Polkadot’s scalable and lightning-fast network to create enterprise-level crypto solutions and dApps. The non-profit Web3 Foundation, which developed Polkadot, constantly strives to update and upgrade it to harness the futuristic web opportunities.
Polkadot able to process 1,000 transactions in a second is among the fastest in the cryptocurrency market. New updates are set to increase this to 1 million transactions. DOT gets a boost to its value when a para chain is added to the main network. As more users are vying to build project-specific blockchains, DOT is riding high on an increase in the number of para chains. With gaming gaining ground, Polkadot looks for a major gain after integrating the Efinity gaming console.
The Sandbox (SAND)
An ERC-20 token, The SandBox leverages blockchain technology to leverage the gaming experience. Players can use SAND to develop, play, and monetize their gaming experiences. This play-to-earn platform is compatible with all Android, iOS, and Windows devices.
At present, The Sandbox trades at $1.38 following a 12.66% rise in the last 24 hours with a daily trading volume exceeding $1 billion. SAND has been on the upswing for the last seven days and has registered a 23% increase. The market capitalization stands at $1.7 billion. Though the current value is just a fraction of its $7 peak in 2021, its present coin market trend points toward a higher than expected recovery.
While SAND users can monetize NFTs received in games, the network also rewards them for their participation. There is also the option to build virtual terrains and in-game avatars to trade on the Metaverse. Gaming company Atari, DJ Steve Aoki, electric automaker Tesla, and rapper Snoop Dogg are leading investors with a significant share of The Sandbox tokens.
MetaCryp Network (MTCR)
MetaCryp Network is the latest game-based crypto project. However, it differs from its predecessors in many respects and boasts features that elicit huge market anticipation over it. The MTCR ecosystem makes crypto a vehicle to create, consume, and interact in the GameFi space metaverse. It attracts players to its platform with a five-pronged strategy – gaming experience, intense and fun-filled engagement, safe and exciting platform, socialization, and Play2Earn gaming.
Life-changing offerings by MetaCryp Network include gaming, events, and collectibles. MTCR users can make optimum use of virtual reality through customized in-game avatars. They can also rent sought-after venues and host events, tournaments, and concerts there using the Country Club feature. Apart from games, MetaCryp Network also provides the option of virtual holidaying. You may use the Metaverse and AI to virtually explore any place of choice similar to a physical visit.
There is no entry barrier to join the MetaCryp Gamefi pace. Players earn MTCR crypto coins and NFTs from games and can sell them in a dedicated marketplace. They also get participatory bonuses and rewards for activities and are assured of fast disbursement of monetary awards.
MetaCryp Network presales dole out a 13% bonus for MTCR purchase using BNB. It stands 8% for Bitcoin, 15% for USDRT TRC 20, and 10% each for ETH, USDT ERC 20, DOGE, and SHIB. Buyers will get additional 9% tokens if they join stage 1 presales. This decreases to 7% in stage 2 and 4% when on joins in stage 3. For every $400 referral purchase, you get tokens worth $100. Buyers opting for fiat transactions will have 3% bonus for spending $250, 8% for $500, 20% for $1,000 and 70% for $3,000. The first-purchase bonus 32% increases to 42% and 62% when a buyer returns for second and third purchases.
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