The walking dead a new frontier3/13/2023 ![]() Our nearly S&P/TSX market doubling* Stock Advisor Canada team just released their top 10 starter stocks for 2022 that we believe could supercharge any portfolio. Should You Invest $1,000 In Decentraland?īefore you consider Decentraland, we think you’ll want to hear this. ![]() The post Metaverse Rebound? Here Are 2 Top Tokens to Watch appeared first on The Motley Fool Canada. However, for those who think the metaverse could be the next frontier worth investing in, these are two top tokens to watch. With physical real estate on the decline, it’s possible that investors will look to virtual real estate as a place to invest. These include the likes of art galleries, concert halls or virtual casinos. On Decentraland, many users have built virtual structures and experiences into this metaverse. ![]() Indeed, Decentraland’s range of real estate offerings is what makes this platform exciting. It is a blockchain-based platform with a goal of developing a network owned by its members, delivering an immersive experience.ĭecentraland is one of the most popular metaverses, and Fortune 500 companies like Samsung and JPMorgan Chase have set up shops here. Decentralandĭecentraland is another virtual reality platform, which provides users with an opportunity to generate and sell content. If it does, The Sandbox is a project to keep an eye on. Thus, the question remains as to whether interest will come back to this niche area of the crypto market. On the other, for those who believe in the future of the metaverse, this could be a great buying opportunity. On the one hand, this decline could be viewed as the market’s consensus that the metaverse isn’t a place to invest right now. That’s a dramatic drop, and one which has not enticed new capital into this project. Currently trading around $1.30 per token, this cryptocurrency is now down nearly 85% from its peak last year. Now, despite the allure of these virtual worlds, SAND tokens have been hit hard of late. Thus, the hype train has been running hot for some time. And other franchises, such as The Walking Dead, have joined in as well. ![]() Interest around The Sandbox’s apps has been driven by big-name brand partnerships. These two virtual world games have combined for more than 40 million downloads on Android and iOS, as of mid-May. The Sandbox is popular for its two major mobile hits: The Sandbox Evolution (2016) and The Sandbox (2011). Top tokens to play the metaverse: The Sandbox Let’s dive into what these crypto projects have to offer. In this space, The Sandbox (CRYPTO:SAND) and Decentraland (CRYPTO:MANA) are among the top tokens to consider. For those looking for higher-leverage moves, the metaverse is one place that has gained attention. That said, given the historical moves in crypto, perhaps this down market is an opportunity to pick up growth assets at a discount. While we’re seeing some positive movement among top tokens of late, it’s been a dismal year for most cryptocurrencies. The story for cryptos is a bit different this year in comparison to the rally of 2021. Written by Chris MacDonald at The Motley Fool Canada Man holding magnifying glass over a document
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