Besides MANA and SAND, 5 Metaverse Series Tokens to Watch?

Besides MANA and SAND, 5 Metaverse Series Tokens to Watch?

As the concept of the metaverse has become popular, the MANA and SAND virtual currencies have seen amazing gains in the last two weeks. 

Since all Metaverse coins have been bullish recently, and with the layout of big players like Facebook and Microsoft and SoftBank and Grayscale being bullish on the Metaverse, focusing on such Metaverse coins seems to be the most obvious choice right now. 

In addition to MANA, SAND and AXS, which have been fired up and have entered the top dozens of metaverse or NFT series of tokens by market value, in this issue we will discuss what other virtual coins of the same series are worth paying attention to.

The first is Chromia (CHR)

Chromia is a scalable blockchain platform and CHR is Chromia's native utility token. 

It has gained a lot of attention due to its focus on crypto games and NFTs. And it is designed to solve the scalability problem of dApps. 

Launched in 2019, CHR, an open-source public blockchain, aims to provide a solution to the scalability problem of decentralized applications (DApps). 

The cryptocurrency is compatible with Binance Smart Chain and Ethereum, and works with Proof of Work (PoW) consensus. 

The Chromia blockchain created by ChromiaWay has successfully adopted decentralized finance (DeFi) and blockchain-based gaming applications. 

The Chromia cryptocurrency has seen a lot of interest after Binance announced that it will offer new users a reward program for collecting ALICE tokens, CHR’s blockchain-based game.

Users can spend CHR tokens in dApps, which in turn use CHR tokens to pay transaction fees to block producers. 

Chromia allows dApps to issue CHR-backed tokens, and investors in dApp projects can be compensated in CHR through profit-sharing contracts. 

For developers Chromia provides an opportunity to earn revenue from their dApps, and popular dApps generate more revenue demand for developer-owned tokens. 

The current implementation of dApps on Chromia involves finance and gaming as well as real estate and healthcare. 

In the future Chromia will also focus on dApps involving supply chain and enterprise services as well as IoT.

The second is Enjin (ENJ)

Enjin Coin or ENJ is the native token of the Enjin network. Enjin's (ENJ) software allows users to create virtual goods, such as NFT non-fungible tokens, on the Ethereum blockchain network. 

Enjin actually makes it easier and more efficient for participants in certain virtual worlds to create and trade in-game assets.

The basic idea behind Enjin is that blockchain can smooth the process of trading in-game or virtual assets. 

Just as blockchain can do the same thing with other assets in the real world, just as Ripple and XRP are designed to help facilitate financial transactions, ENJ is used to manage virtual inventories. 

Enjin has a software development kit (SDK) that allows game developers to mint. Using the SDK developers can create virtual items in games or applications. 

These created items are given a corresponding value in ENJ, which makes it easy to trade or sell through Enjin's marketplace. 

Because every asset has a value in ENJ, which is a tradable cryptocurrency, it also has real value. 

These digital assets are actually NFTs that can be traded multiple times at their initial value.

The third is UFO Gaming (UFO)

UFO Gaming (UFO virtual currency) hopes to take blockchain gaming to new heights with its dark metaverse. 

The UFO Network does not want to stay on one chain. It hopes to do this by launching new games on the partner chain. 

UFO is a relatively new project that was launched in July, and it promises to be a very broad and powerful project. 

As of now, there is only one game available on the network. 

Super Galactic is a space-themed role-playing game where users use UFOs to cast NFT characters and carry out various missions in the outer reaches of the galaxy.

Like Axie Infinity, UFO's offerings expand into the metaverse through land ownership. 

Users can buy space land whatever they want. At the same time, by playing the game users can obtain loot boxes containing randomly generated NFT loot. 

They can use these items in UFO's gaming ecosystem. Or they can sell it on the UFO NFT marketplace for real profit.

The fourth is Radio Caca (RACA)

Radio Caca, also known as RACA token, is the native token and governance token of other games and social Dapps within the USM Metaverse and Metamon Game. 

The RACA Chain Tour was launched on the evening of October 29th, but in just over ten days, the price of Yuanbeast has more than doubled, and the egg has more than tripled. 

It is undoubtedly the most competitive star project among many chain games today. . 

Since I paid attention to RACA, the price has been removed by a zero, and there is also Elon Musk’s mother Mayer Musk’s platform behind it, which has attracted more attention. 

Radio Caca (RACA) aims to earn games and their in-game assets by publishing earn-as-you-go NFT blind boxes, sponsoring millions of earn-as-you-go gamers, and building tools that will enhance the future of Metaverse gaming, to Create the world's largest virtual world economy. 

RACA optimizes its community-owned assets for maximum utility and shares the profits of these assets with its token holders. 

Blind box participants will be the owners and managers of the entire RACA Network ecosystem.

In addition, the USM Metaverse governance token RACA has a total amount of 500 billion, of which 320 billion was released at one time and more than 50 billion was destroyed. 

The other 130 billion is gradually released in 1 to 3 years. After subtracting the RACA pledged by players, the current actual circulation is more than 180 billion. 

The above methods of destroying circulating coins will continue to destroy the total amount of RACA to 250 billion. 

As a result, there are fewer and fewer RACA circulating in the market, and the deflation will continue for a long time. If RACA's currency holding demand remains unchanged or the demand continues to grow, then RACA has great potential for long-term appreciation.

The fifth is YGG

Yield Guild Games (YGG) is a Decentralized Autonomous Organization (DAO). 

If a new popular game is launched, YGG will encourage their players to participate in the new game and provide them with YGG token rewards. 

YGG is made up of tens of thousands and growing number of gamers who use non-fungible tokens (NFTs) to generate real cash flow in Play to Earn games.

Not only can YGG discover the potential of the game early, but once it is discovered, it will launch a highly targeted marketing plan for the game and guide players there, and then encourage players to play the game by offering YGG token rewards. 

Through this approach, YGG became one of the earliest strategic investors in the gaming industry while playing and earning money.

The YGG token is the glue that holds the YGG DAO together. 

It will give players the right to join and manage guild direction. Anyone who holds a YGG token can participate in DAO management in proportion to their share of the token supply. 

YGG token holders will be able to stake in different vaults related to specific DAO activities.