NFTs are becoming more popular. Users who are interested in non-fungible tokens currently think of them as crypto tokens containing digital art or a cryptocurrency development company. NFT development will revolutionise the way we create, distribute, and consume digital material in the near future.
These are the four metaverse cryptocurrencies with the most potential for growth in 2022.
Among the choices is a cryptocurrency that does not require commission payments and has enabled millions of NFT purchases from reputable companies such as Major League Baseball, Guest Posting Street Fighter, and Atari.
Since Mark Zuckerberg announced the name change from Facebook to Meta to reflect the company’s concentration on the metaverse, this term has become popular not only among virtual reality enthusiasts, but also in the media, technology, and, of course, business.
The fixation with virtual environments in which people may connect, work, learn, or purchase has also had an impact on the bitcoin industry. With the growth of purchases of virtual spaces in exchange for decentralised assets, the values of currencies that serve such projects have witnessed significant increases.
WILD, Chromia, CEEK, and WAXP are among the cryptocurrencies with capitalizations under $1,000 million dollars and significant growth potential in the coming year, given the prospects that the metaverse is opening in this area.
WILD, Wilder World’s native token, is a metaverse developed on top of the Ethereum blockchain using the Unreal Engine 5 pro game engine. Although it is still in development, it will allow you to purchase a range of digital commodities and real estate, as well as aspire to become a non-fungible token marketplace (NFT) distinguished by high liquidity, decentralisation, and community openness.
Wilder World includes the Mint Factory function, which allows digital artists to produce, design, and distribute their own NFT.
This cryptocurrency is now trading at $3.88 and has a market capitalisation of $325 million.
The Chromia blockchain (CHR), for its part, is compatible with Ethereum and allows for the reinforcement of existing decentralised apps as well as the development of new ones, while enabling scalability, improved data management, and expanded options for commission collection.
Popular games based on Chromia include My Neighbor Alice and Mines of Dalarnia.
One of the most recent features in development is Chromia Originals, a new NFT standard that will work as both a native standard in the Chromia chain and a layer compatible with standard ERC-721 and BEP-721 tokens.
CHR is currently trading at $0.79 and has a market capitalisation of $452 million, according to CoinMarketCap.
VR CEEK (CEEK)
CEEK is a cryptocurrency based on Ethereum technology that supports the CEEK VR platform, which aims to be the future of music streaming and content development. In addition, he owns the patent for a commercially viable virtual reality headgear. Several artists, including Lady Gaga, Demi Lovato, and Ziggy Marley, have endorsed the programme, according to The Merkle.
The platform provides a number of opportunities for artists and businesses to earn tokens, create digital goods and custom currencies, and sell other things. CEEK VR, for an instance, creates a virtual stage for live concerts.
The current value of this coin is 0.68 dollars, and the project’s market value is 505 million dollars.
Meanwhile, WAXP is the native token of the WAX blockchain, which is used in decentralised video games such as Alien Worlds, Farming Tales, Prospectors, and R-Planet, as well as in the creation and marketing of NFT, facilitating millions of sales of non-fungible tokens from reputable companies such as Major League Baseball, Street Fighter, and Atari, among others.
WAX differs from other blockchains in that it does not require commission payments. Instead, customers deposit their money to keep transactions running.
At the time of writing, the price of Waxp is $0.49, and the market capitalisation is $922 million.