The metaverse is an immersive online experience powered by VR, communities, gaming, and blockchains. Since the explosion of Decentraland (MANA), there have been other crypto projects looking to copy its success. It can be pretty hard keeping up with happenings in the metaverse space as things happen pretty quickly. So in that light, here are the top metaverse coins you should be watching: Gala (GALA), Sandbox (SAND), and Mehracki (MKI), reports Analytics Insight.
Gala (GALA)
Gala is a decentralized gaming and metaverse project built on the Ethereum blockchain. The project aims to put the control back in the hands of the community. Gala wants users to determine how the direction of their favorite games should go instead of being led by developers.
All games are immersive and inclusive, allowing anyone to play. They also incorporate the use of NFTs as players own any items they get or purchase in-game. This means players can trade and sell their items anytime they wish on or off the GALA platform.
Gala uses a founder node voting mechanism to make its community make decisions regarding its direction and plans for gaming and the metaverse. Currently, Gala has released Town Star, its pioneering game, and a follow-up NFT collection, VOX. The potential upside for GALA is huge and it is poised to go to the moon.
Sandbox (SAND)
Sandbox is an immersive voxel metaverse experience built on the Ethereum blockchain. Users can purchase land, create avatars, explore the open world, and trade NFTs. In addition, users can create, build, buy, and sell assets within the Sandbox world.
Sandbox aims to introduce blockchain technology into mainstream gaming. It will also pioneer a community-first approach to creating and growing projects. Furthermore, its “play to earn” model allows users to be both players and creators at the same time. This helps players to be more engaged in the community because more activity from them means success for the platform.
SAND is the native token of the Sandbox Ecosystem and it facilitates all transactions within the ecosystem. This enables players to trade efficiently on an equal footing and promotes community participation in the Sandbox metaverse.
The most powerful thing about Sandbox is its DAO, encouraging full and unbiased community participation as well as allowing users to decide on the future of Sandbox. This creates a thriving metaverse community with active participation. Transferring power from the creators ofSandbox to the community is only possible through the use of DAOs.
Mehracki (MKI)
Mehracki is a community-powered metaverse meme token built on the Solana blockchain. Mehracki was conceived to be an immersive experience to help facilitate and teach newbies various crypto concepts. The power of memes will help these new investors learn crypto concepts in a low-pressure environment.
The Metaverse, NFTs, and DeFi are all concepts that Mehracki will help promote. It will do this using community participation. In addition, it will incentivize members of the community by rewarding them for their participation through staking and other rewards. Furthermore, Mehracki will mint NFTs for the most active members of the community (based on spending and transaction activity) which will improve their voting rights.
Mehracki is a community-focused project that will use its DAO to allow users to determine how the project should advance. It would also allow its tokens to be fully compatible with multiple protocols so users can move them around with ease. If you want to be a part of this great project, here are the official handles and website for more details.
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Source: Analytics Insight
