Metaverse crypto currency, What is money in the metaverse, metaverse investment | META shorts pt 2

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Metaverse crypto currency, What is money in the metaverse, metaverse investment | META EXPLAINED?
Metaverse crypto currency, What is money in the metaverse, metaverse investment | META EXPLAINED? Metaverse explained.
Metaverse crypto

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What is Axie Infinity?
Axie Infinity is one of the most popular, and highest revenue-generating games built on a blockchain. Does the game ‘Pokemon Go’ ring a bell? Like Pokemon, Axie Infinity is an adorable NFT pet game that has fattened the wallets of crypto geeks, and laymen, who would have otherwise steered away from the crypto market, alike.
What is Axie Infinity
Since early 2021, crypto games have received enormous attention from players and investors. This is because returns from each token are significantly rising. Compared with the number of users and increasing profits on the platform , one of the tokens everyone is talking about is AXS. It comes from the concept “Play-To-Earn”, a model for games where players can earn money by playing. More importantly, those who have no idea about blockchain technology can play this game as well.
What is AXS token?
AXS stands for Axie Infinity Shard. It is an ERC-20 token built on the Ethereum Blockchain, and has a maximum supply of 270,000,000 AXS coins. In fact, AXS was created to be used on the Axie Infinity’s platform. Inspired by Pokémon, this Axie Infinity is a fighting game where players can breed and train their Axies to fight against others.
Regarding breeding their Axies, players must consider the characters’ race and ranking to stand the best chance at producing powerful offspring. Also, players can sell their Axies on the NFT marketplace and exchange their islands or any items in this game.
In Axie Infinity, there are two game modes : Adventure Mode in which players need to fight and successfully complete each level, and Arena Mode which features fighting matches and requires at least 3 Axies in the battle.
This map shows AXS UseCase
AXS token holders will have a voting right to have a say in the game’s development. Also, they can stake their tokens to receive regular rewards and use AXS coins to pay for any items on the platform ; for example, purchasing Axies on the Marketplace. Thus, the sharp increase in AXS tokens depends on the growth of Axie Infinity’s platform.
The significant rise in crypto gaming tokens is partly because many investors are more interested in NFT, allowing them to better understand this type of crypto token. Moreover, Axie Infinity is likely to succeed as the platform income and the popularity among users are growing.

Another reason for the growing number of users might be because Axie Infinity’s announcement on 15 July 2021 allows the users to put forward a proposal for the event Axie Esports 2021. This event is expected to take place in August-November 2021, with the objective of making the platform internationally recognised. In addition, 5,000 AXS coins ($145,450 or about ฿4.5 million ) will be given as an incentive to participants at the event. Yet, further follow-up is needed as this might affect the increasing number of players.

In short, AXS is a token created to be applied on the Axie Infinity’s platform. AXS token holders can use their tokens to vote, stake and pay for any products. But, what is interesting about this AXS is that the platform is likely to grow because of the number of users and the total revenue.
2. The Sandbox
What is The Sandbox?

What is Decentraland?
Decentraland is a virtual reality platform where you can buy parcels of LAND.

How does Decentraland work?
MANA, the native token that fuels the ecosystem, has a supply of 2.2 billion. Currently, there are 1.8 billion tokens in circulation. Gamers, creators, and businesses, looking to capitalize on metaverse opportunities and get entertainment, resort to this platform. Having a large target audience comes with great demand for the coin. This is what makes Decentraland an attractive buy.
4. High Street (HIGH)

What is ‘High Street Game’ (HIGH)?

What makes High Street game special?
What sets it apart from other coins is its hybrid model of virtual experience. It is half physical and half virtual, making it exciting, and NFTs play a huge role in this platform. Many top brands can be onboarded so their products can be used as NFTs.

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