Decentraland project (MANA) The Metaverse-related altcoins as well as Axie Infinity (AXS) were had a meeting prior to. In the past, Facebook was going to announce that it was altering its logo and shift its focus towards the virtual world.
Metaverse Altcoins Are Rising and Scramble
The use of crypto-investors to purchase the Metaverse. Following the announcement that Facebook announced its name change, a variety of crypto investing projects focusing in the field of Metaverses have joined forces.
Facebook announced that it was changing it’s name from “Meta” and move its focus away of traditional media to developing the Metaverse. In the 90-minute presentation on the future direction of this company Facebook President and CEO Mark Zuckerberg declared:
Our mission is the same and connects the requirements of our customers. We’re still a business that creates technology to meet the needs of humans. We have a brand-new North Star to help bring the Metaverse to existence.
While there are a number of projects that have been in the news, Decentraland cyberspace is currently in the forefront. After the launch, MANA games tokens grown by 46 percent. The reason for this is that the announcement was made by people who are influential within the world of technology.
Per sectors, in addition to NFT gaming projects too saw an increase of about. Axiecurrency block Infinity is an open-ended chain game that has swept the crypto market this summer. It initially climbed to over 18%, but then began to cool down. This is not unusual.
On the game Project NFT PFP development, Enjin, also joined the group, earning more than 11% of revenue. Engine Coin(ENJ) is an online platform for winning the game. It allows players to knock the article Square Ethereum and transfer it between the game on their platform. The companies are known in the same way as “multiple universes.”
Sandbox is a mobile Minecraft-style Metaverse game that is also benefiting of Facebook’s recent announcement. Its Game SAND Token has increased 23% in the last 24 hours and is continuing to gain weekly.
According to CoinMarketCap information at the time of publication all coin and altcoins, over the past 24 hours. The most popular Metaverse tokens gain through Facebook message notifications include WEMIX 50.64 percent, UFO Gaming (UFO) 36.11 percent, Star Atlas (ATLAS) 27.2percent, and my neighbor Alice (ALICE) gained 17.26 percent.
Raoul Pal: Social Tokens Within The Next Few Years
Metaverse in the future will be a reference to the future versions that will be part of the Internet. The shared sandboxes create a virtual world that allows users to meet with each other, play and interact. Although the distance may be quite a distance, it will be able to function if there’s an internet connection around it.
Mark Zuckerberg said he believes that the Metaverse is an “successor to the mobile Internet” that will allow users to utilize VR as well as augmented reality technologies to create virtual worlds. In the wake of his announcement, Zuckerberg also said that his company would support NFT in the near future. This week the company announced it will invest $10 billion into Yuan Festival this year.
The celebrity sector of crypto have the same opinion as Mark Zuckerberg. The former manager of hedge funds and cryptography fans. Raoul Pal often talks about his conviction of Metaverse along with Decentraland tokens. And others social MANA account currency will become more widespread within the next few years.