ECOS has launched Metaverse Index!
The Metaverse is a new round of human experience and technological innovation. Our company believes that the Metaverse will be a significant area for social and economic interaction over the next decade.
The Metaverse is a generic term referring to online 3D virtual environments where people can play games, build, communicate, work, and even trade and earn crypto assets.
Interest in the Metaverse has skyrocketed after Facebook announced that it would change its name to Meta in October. As a result, both large companies and crypto developers strive to create digital worlds.
One popular platform, Decentraland, uses decentralized crypto technology to enable users to buy virtual land, build their structures, and vote to govern the economy.
The property on Decentraland recently sold for $ 2.4 million. Fans want digital property and land as speculative investments. Republic Realm paid $ 4.3 million for real estate in The Sandbox metaverse.
Land sales in Metaverse on Ethereum and Solana surpassed $ 100 million in a week, according to crypto analytics website DappRadar. As a result, interest in the land of the Metaverse and virtual real estate is overgrowing.
It seems that people will begin to use cryptocurrencies for transactions in the Metaverse widely.
A luxury yacht called Metaflower, which exists only in the virtual game The Sandbox, was purchased for $ 650,000, making it the most expensive NFT ever sold in this corner of the Metaverse.
The idea is that cryptocurrencies are linked to blockchain technology that underlies some new virtual worlds. It allows the Metaverse to remain decentralized.
The selection of tokens in the Metaverse Index is based on the following main criteria:
- The project must belong to one of the following categories: non-fungible tokens, entertainment, virtual reality, augmented reality. More categories will be added in the future as the market develops.
- The total market capitalization must be over $ 30 million.
- The protocol must have a history of work, and its token must have a history of prices and liquidity for at least six months.
- The token must have reasonable and stable liquidity on exchanges.
- An independent security audit must be carried out.
It is based on three projects that will allow users to invest in developing a new sector of the crypto economy. In addition, the low minimum investment amount allows a broader range of users to buy the index.
Their current market capitalization is less than $ 20 billion, which still means a lot of growth potential that could be achieved in the future.
The recommended investment period is from 1 month. However, in the case of strong portfolio growth, an early sale is possible.
Total perfomance + 15500%
The minimum investment amount is $ 100
The Metaverse Index includes the following projects.
Decentraland is a 3D universe where players create their land plots, host events, create content, and participate in other social activities. Decentraland’s leading economy is based on blockchain to establish unique items’ digital identity, ownership, and rarity. It is one of the most famous and well-known projects that preceded the big metaverse trend in late 2021.
Founded in 2016, Estaban Ordano and Ari Meilich took a simple 2D game and turned it into a large NFT world worth hundreds of thousands of dollars. The project also has its own ERC-20 MANA utility token.
3D interface, digital economy, social elements, and game events. The more projects connect to Decentraland, the more it looks like a metaverse hub. Decentraland is also especially known for its NFT virtual real estate called LAND. In addition to providing voting rights in the DAO, LAND has grown significantly in value, making it popular with traders and investors.
Sandbox is a blockchain game where users explore a virtual world containing NFTs, user environments, and other content. Founded as a mobile game in 2011, The Sandbox has evolved into a sophisticated Ethereum game using ETH and the SAND token to power its in-game economy.
Players create their avatar and digital identity, a key concept in the Metaverse. The avatar can be linked to a cryptocurrency wallet to manage NFTs, SAND tokens, and other assets of the player’s blockchain. The player can even create games and virtual items using the VoxEdit and Game Maker tools. These powerful programs can create video game resources that can be turned into NFTs. Since users can exchange these items, a play-to-earn model has been developed to generate additional income by playing the Sandbox.
Axie Infinity is a famous blockchain game inspired by popular games like Pokémon and Tamagotchi. Axie Infinity allows players to collect, breed, raise, fight, and trade token-based creatures known as Axies.
Each Axie is unique and represented by a non-fungible ERC-721 token (NFT).
The game mainly runs on the Ethereum blockchain, but the development team also builds a high-speed solution for the Ronin blockchain. It improves the player experience by increasing speed and virtually eliminating gas charges. At the same time, the security inherent in the Ethereum blockchain will be preserved.
Axie Infinity itself is a thriving microeconomy. Thousands of players mine AXS, grow, buy and sell Axies, and many other rare items to generate income.
It ranks in the top 3 most popular gaming DApps by user base (with over 100,000 unique users per week).
Axie Infinity is a vibrant blockchain project in many developing countries.