The metaverse is expected to explode in growth over the coming years. Or at least Bloomberg seems to think so. Analysts at Bloomberg have forecast that the metaverse will be worth $800 billion in the near future, and now is the perfect time to start searching for the best metaverse crypto projects that will outperform in the future of social interaction.
In this article, we’re showing you four of the best metaverse crypto projects on the market today that could take off in 2023.
1. Metacade (MCADE) – Best Overall Metaverse Crypto Project
Metacade plans to be the primary destination for players to learn about, earn more from, and direct the future of Play2Earn gaming. In Metacade, you’ll be able to link up within a vibrant community of like-minded gamers and Web3 fanatics to participate in the world’s first player-owned virtual arcade.
On Metacade’s platform, there’ll be options to find reviews of the latest Play2Earn titles, look up leaderboards, and delve into some of the hottest GameFi alpha posted by industry experts to help you get ahead in the gaming revolution. To encourage the community to help make Metacade the ultimate resource for GameFi, users are rewarded with the MCADE token every time they share reviews, alpha, or content, meaning you can earn by simply sharing your expertise.
Metacade’s ultimate goal is to put gaming back into the hands of the players. As the traditional gaming industry edges closer toward a miserable sector, dominated by microtransactions and shareholder profit, Metacade is letting users have their say on the games they want to play with ‘Metagrants’.
Launching in 2023, Metagrants are a mechanism that will see game developers entering their projects into a competition for the community to vote on. The winners of these votes receives funding and support from Metacade to build their game alongside the collective that chose them, with the finished title being added to Metacade’s virtual arcade.
While users can earn more from their favourite Play2Earn games by reading top tips or competing in exclusive tournaments, they’ll also be able to find a more permanent role in the GameFi economy with Metacade.
As part of the roadmap for 2024, Metacade is launching a job board that will host dozens of opportunities for the community to get their foot in the door of the gaming industry. These roles will range from becoming a part-time beta tester to landing a senior role with cutting-edge companies at the forefront of Web3.
Eventually, Metacade will become a DAO, meaning that the core team will step down and hand over leadership positions to the most valued members of the community. Once this occurs, users are able to vote on key decisions, like future leaders, token supply restrictions, partnerships, new features, and more.
>>> You can participate in the Metacade pre-sale here <<<
2. Star Atlas (ATLAS) – For the Galactic Explorers Out There
Star Atlas is a space-themed Play2Earn game that’s set to become one of the best metaverse projects. It’s most comparable to EVE Online, an immensely successful space game that’s drawn hundreds of thousands of daily players because of its in-depth universe.
Star Atlas is set in the year 2620, and like EVE Online, it’s kitted out with advanced spacecrafts, faction alliances, and conquerable territories, except with one difference: players can actually own their assets. The goal of Star Atlas is to grow your space empire by completing quests, battling for land, mining for resources, and discovering rare treasures. Each in-game asset is stored as an NFT on the Solana blockchain, and therefore has real-world value.
While other Play2Earn games focus on grinding to earn in-game tokens, Star Atlas wants to make this process as fun as possible. Players can opt to participate in battles or spaceship races to start earning the ATLAS token. Others might prefer to team up and discover planets laden with resources, which can be mined, refined, and traded using a network of mining plants, refineries, and merchants to earn real cash. If you own a VR headset, you can even experience space flight from an immersive first-person perspective.
Once you’ve formed an alliance with others, you can start building entire cities with their own regional decentralised autonomous organisations (DAOs), allowing each region’s citizens to vote on what the faction should focus on next, like attacking other players’ territories or how to defend against an imminent attack from a rival faction.
By taking a leaf out of EVE Online’s book, Star Atlas is set to combine the best aspects of this already successful game with the fantastic ability to truly own your in-game assets on the blockchain. Keep an eye out for Star Atlas – it could soon be one of the biggest and best metaverse crypto games the world has ever seen.
3. Highstreet (HIGH) – Maybe the Most Fashionable Token
Highstreet is one of the best metaverse projects for a good reason. The team behind Highstreet is taking advantage of the ability of the metaverse to create a next-level shopping experience by allowing real-world brands to showcase their physical items in a virtual world. With brands like Balenciaga, LVMH, and Adidas venturing into the metaverse, Highstreet wants to become the solution where any company can set up shop and enter the next generation of commerce.
Physical products, like shoes or t-shirts, are tokenised on the blockchain as NFTs. Shoppers can buy these NFTs, then choose to redeem them for the physical item. Using Highstreet’s integration with Shopify, these orders can be automatically sent to the brand’s backend for physical fulfillment.
Highstreet is more than just a virtual mall, however. It’s an entire metaverse world where users can complete quests, socialise with others, and attend exclusive events in a Play2Earn MMORPG setting. Beyond the Highstreet Marketplace, there are Highstreet Homes, which are just like real homes. You can fully customise your home to suit your style, hang out with friends, and even look after your virtual pets!
Out in the Highstreet World, you can earn by completing quests and battling monsters in places like Binance Beach, AVAX Alps, and Animoca Archipelago. Each area has its own lore and unique monsters that transform Highstreet into an exciting world filled with dozens of unique experiences.
As a whole, Highstreet is blending reality with the virtual world in an incredibly unique way. With blockchain brands like Binance and Avalanche already on board, Highstreet is set for a glorious future as one of the best metaverse crypto projects.
4. The Sandbox (SAND) – Taking Building to the Next Level
The Sandbox is a 3D virtual world that allows users to easily build and explore monetisable games and experiences. It’s often compared to Minecraft and Roblox because of its blocky, pixel-based design, and this aesthetic has led The Sandbox to become one of the best metaverse coins.
The big difference between The Sandbox and those games is that it’s completely decentralised, with almost every aspect of the game owned by its users. Using the SAND token, players can buy digital real estate, unique in-game objects, and wearables to customise their avatars, which are all stored on the blockchain and represented by their own NFT.
Land, for example, is stored on the blockchain as a LAND token, while objects and wearables are represented by ASSET tokens. While LAND has a fixed supply, ASSETs can be created by anyone using the VoxEdit tool. VoxEdit allows users to manipulate blocks, known as voxels, to create almost anything their heart desires, like sculptures, characters, weapons, and more. These items can then be bought and sold for a profit on The Sandbox Marketplace.
The most powerful feature of The Sandbox, however, is the Game Maker. The Game Maker allows anyone to create entire games without knowing a single line of code, and comes complete with fighting mechanics, storylines, AI behaviour, and even camera templates. These features have led to dozens of games and experiences being built for the entire community to play, all for free.
The Sandbox has quickly risen to become one of the best crypto metaverse projects after signing brand deals with multiple big names. Warner Music Group has launched a music-themed amusement park in The Sandbox’s metaverse, while The Walking Dead and Snoop Dogg both have their own games that have drawn thousands of players. Even the Smurfs are in The Sandbox’s metaverse!
Conclusion – Metacade Wins Out of True Diversity
As you can see, there are several contenders that could rise to take the top spot in the nascent metaverse crypto market. With competition expected to ramp up as metaverse gaming explodes in popularity, it’s hard to say definitively which coin will take the lead and become the best investment.
However, with Metacade displaying some extremely attractive features, such as its virtual arcade games library, dynamic online community hub, and play to earn rewards – alongside strong development prospects such as Metagrants – it’s easily shaping up to hold the number one spot as the best metaverse crypto project to invest in for 2023. In stepping outside of the typical bounds of single titles in the GameFi and Play2Earn sectors, and bringing it all into one platform, it offers a significant value proposition that’s hard to beat.
Metacade is expected to grow rapidly as the GameFi industry continues to expand as a whole, regardless of any individual game’s performance. Combined with the fact the token is still in presale, it’s in a prime position to take the financial advantage over the coming decade, which is precisely why we’ve crowned it as the best metaverse crypto token to buy for 2023.
You can participate in the Metacade pre-sale here.
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New Non-Custodial Telegram Trading Bot Bitbot Raises $300k In First 72 Hours Of Presale
New York, USA, January 24th, 2024, Chainwire Within 72 hours of its presale launch on the 17th of January, Bitbot raised an incredible $300,000. Bitbot aims to lead the market for Telegram trading bots, a rapidly growing segment of the trading app market that has seen a considerable $7 billion in lifetime trading volume. Telegram…
New York, USA, January 24th, 2024, Chainwire
Within 72 hours of its presale launch on the 17th of January, Bitbot raised an incredible $300,000.
Bitbot aims to lead the market for Telegram trading bots, a rapidly growing segment of the trading app market that has seen a considerable $7 billion in lifetime trading volume.
Telegram trading bots let traders manage a cryptocurrency trading portfolio within Telegram’s app. In practice, this means those investors with heavy telegram usage, which of the 800 million active Telegram users is substantial, no longer need to operate across two applications to manage their trades: an exchange and the Telegram app. Furthermore, Telegram trading bots offer all of the automated trading features seen in exchange apps, bringing the best of two worlds together into one seamless package.
Bitbot’s Technical Product Advisor, Andrew Jacobs, commented: “As we experience a pivotal point in Web3’s evolution, I’m happy to announce Bitbot’s launch. Our mission is to equip retail traders with powerful institution-grade tools in a simple and intuitive trading interface that is backed by robust security. We have a great team and I am looking forward to driving the product’s evolution and meeting the Bitbot community on our regular AMAs, which will be announced on our social channels throughout the presale.”
The Bitbot team is looking to act quickly with a comparatively small $4.3 million raise target, predicting a rapid presale, with prices starting at $0.0100 and ending at $0.0200, potentially offering 100% gains for the early investors prior to the project listing. An additional incentive is the attractive proposition that Bitbot token holders will receive 50% of the company’s profits distributed as a percentage of their holdings once it launches this year.
Bitbot (BITBOT) is available to buy on the official site.
Bitbot’s Push for Mass Market Adoption
Telegram trading bots enhance convenience by enabling users to execute the entire trading process within Telegram, the preferred messaging platform for crypto, bypassing the frequently convoluted user experience associated with exchanges.
Whilst trading volumes on Telegram trading bots have been impressive, it’s obvious that there is still a majority share left in the pie currently dominated by traditional cryptocurrency exchanges. Even Bitspay, consistently ranked among the top 70 exchanges on CMC, has a volume similar to that of all the Telegram trading bots combined. The sheer scale of the opportunity becomes evident in terms of the potential market share, and it’s this kind of potential that’s driving the product and development team and Bitbot to deliver a product suitable for mass adoption.
This is arguably one of the issues with Bitbot’s competitors. Telegram trading bots can be stubbornly complex, with many relying on user commands to operate them. Furthermore, a number of security issues have plagued even the biggest players in the market, leaving a sour taste for some but a potentially very sweet upside for the Bitbot brand.
Bitbot takes both of these issues head-on. Firstly, it gets rid of the need for complex commands by offering an intuitive in-app interface that will be immediately recognisable to exchange users.
Secondly, it offers non-custodial trading, meaning users can integrate Bitbot with their cold wallets and eliminate the uncomfortable need to give up their private keys for the bot’s powerful automated trading features to kick in. This is supported by the brand’s partnership with secure custody technology developer Knightsafe, and is thus far an unprecedented offering in the Telegram trading bot market, a truly unique and innovative approach focusing on institutional-grade asset security.
The bot offers a myriad of advanced features that will appeal to both beginner and advanced traders, from copy trading to automated sniping.
Tokenomics and Presale Roadmap
As per the project’s whitepaper, the Bitbot presale will run through Q1 and see the project list on exchanges in Q2 (unless the presale sells out early, which is possible at the current trajectory).
Allocation details include 30% reserved for the presale, 20% for the development team, 14% earmarked for marketing, 3% for liquidity, 2.3% available to the community (comprising rewards and airdrops), and 10% allocated to a treasury.
The 20% designated for the development team will undergo a 1-year vesting period, ensuring long-term commitment from the team.
Bitbot’s Impressive Journey In the Crypto Market
Unibot and Banana Gun, competing trading bots, swiftly gained prominence, with Unibot’s token price passing $230 in just three months of launch. Investors in Unibot’s presale reportedly saw gains of around 200x, according to a recent CoinDesk article.
Bitbot hopes to follow in their footsteps and its impressive raise has been aided by its community, which rapidly grew over 90K followers on X and over 5100 members on its Telegram within a week of the presale’s announcement. The project is now already in Stage 2, with the token priced at $0.011 and only 9,200,000 tokens left before the price increases by 5% for Stage 3.
Bitbot hopes to attract presale investors on the heels of the recent Bitcoin ETF acceptance and increased trading activity in the cryptocurrency market. This has drawn a significant social following and been picked up by notable crypto publications like Invezz who have already listed Bitbot among their top cryptos for 2024.
Bitbot is a new Telegram trading bot that aims to put institutional-grade trading tools in the hands of retail users, to enable them to trade using a variety of advanced features including sniping and copy trading.
Audited by Solid Proof, Bitbot focuses on security and follows the motto, “your keys, your assets.” To this end the project has partnered with Knightsafe to deliver the world’s first non-custodial telegram trading bot, mitigating against counterparty risk and reinforcing this with anti-MEV and anti-rug technology.
For more information and to buy Bitbot (BITBOT) users can visit Bitbot’s website.
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Ethereum Classic, Blur, and Rebel Satoshi: experts share their price predictions for early 2024
Experts are bullish on Blur (BLUR) in 2024, predicting a surge for the DeFi coin price to 2.3500 by the end of the first quarter. Price predictions for Ethereum Classic (ETC) inspire hope among investors. Top ICO experts advise investors to get in on Rebel Satoshi ($RBLZ) for the best ROI. According to crypto market experts, the…
- Experts are bullish on Blur (BLUR) in 2024, predicting a surge for the DeFi coin price to 2.3500 by the end of the first quarter.
- Price predictions for Ethereum Classic (ETC) inspire hope among investors.
- Top ICO experts advise investors to get in on Rebel Satoshi ($RBLZ) for the best ROI.
According to crypto market experts, the recent Bull Run suggests that investors in top crypto coins may find success in a few projects, such as Rebel Satoshi, as well as certain top DeFi projects, such as Blur and Ethereum Classic.
Let’s look at what sets $RBLZ apart from the crowd of altcoins, like BLUR, ETC, as one of the best cryptos to buy in early 2024.
Analysts predict a significant uptick for BLUR
As of December 18, OKX’s NFT platform outperformed the 24-hour trading volume of Blur, a well-known NFT marketplace. However, two weeks later, the Blur marketplace has recovered, accruing more volume to claim second spot among the NFT marketplaces in terms of volume.
Following these developments, the value of BLUR has risen. The value of Blur on December 18 was $0.4324. Since then, the BLUR token price has risen to $0.6664 on January 19, indicating a 54.12% increase. Experts are pleased with these developments and have predicted that the price will rise further to $2.3500 by the end of the first quarter.
On the contrary, in their price forecasts, some other BLUR analysts have cited price volatility as the reason why BLUR will decline in value to $0.1600 by the end of the first quarter.
ETC surges after the dissolving of ETHW Dev team
Recent news reports from the Ethereum Classic ecosystem claim that the Ethereum Proof of Work’s main development team was dissolved on December 19 to transition to community governance. This has translated to a proposal for a similar action for Ethereum Classic.
The value of ETC on December 19 was $19.71. In the two weeks since then, the DeFi coin price has risen to $24.75 on January 19, indicating a 25.57% increase in ETC’s valuation.
Regarding the ETC price prediction, experts on Ethereum Classic have expressed satisfaction over these developments and have predicted that the value of ETC will see a further rise to $40.00 by the end of March.
Conversely, some other analysts of Ethereum Classic have cited the lack of partnerships in the Ethereum Classic ecosystem as the reason why ETC could decline in value to $15.50 by the end of March.
Rebel Satoshi (RBLZ) continues to rise in presale
Rebel Satoshi has distinguished itself as an interesting investment option among a sea of cryptocurrency meme currencies. This meme coin, inspired by Satoshi Nakamoto and Guy Fawkes, has piqued investors’ interest even in the pre-sale stage. Rebel Satoshi’s native token, $RBLZ, aims to usher in a new era of decentralization. Its goal is to create a community that allows underdogs to collectively oppose centralized systems.
Rebel Satoshi‘s native coin, $RBLZ, has set presale records as the Early Bird Round 1 and Rebels Round 2 sold out completely in 10 and 15 days, respectively. Additionally, in the just finished Citizens Round 3, $RBLZ traded for $0.020. Over 120 million $RBLZ tokens have been sold thus far, with the Monarchs Round 4 of the Rebel Satoshi presale currently underway, seeing $RBLZ valued at $0.022.
This pricing provides a 120% ROI for those who bought $RBLZ at the $0.010 Early Bird Round price. When $RBLZ reaches its listing price of $0.025 in February, it will reward early investors with a 150% ROI.
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BIS unveils 2024 strategy: focus on CBDCs and tokenization
BIS’s 2024 Strategy Unveiled: CBDCs and Tokenization Key Focus. Project Promissa to digitize Promissory Notes using blockchain tech. Project Aurum advances CBDC privacy in retail payments with HKMA. The Bank for International Settlements (BIS) is set to make significant strides in digital currency research, emphasizing central bank digital currencies (CBDCs) and tokenization in its 2024…
- BIS’s 2024 Strategy Unveiled: CBDCs and Tokenization Key Focus.
- Project Promissa to digitize Promissory Notes using blockchain tech.
- Project Aurum advances CBDC privacy in retail payments with HKMA.
The Bank for International Settlements (BIS) is set to make significant strides in digital currency research, emphasizing central bank digital currencies (CBDCs) and tokenization in its 2024 strategy.
The BIS Innovation Hub has outlined a comprehensive program, featuring six new projects, exploring cybersecurity, financial crime, CBDCs, and green finance. Among the key initiatives are the second phase of Project Aurum and the launch of a blockchain-based tokenization project, Project Promissa.
Project Promissa: revolutionizing financial instruments with tokenization
Project Promissa, a collaborative effort involving BIS, the Swiss National Bank, and the World Bank, aims to usher in a new era for financial instruments. Focusing on digitizing promissory notes, a traditional yet paper-based financial commitment, the project leverages blockchain technology to enhance transparency and simplify management.
This proof-of-concept platform is set to revolutionize the handling of promissory notes by digitizing them, aligning with the BIS’s commitment to exploring innovative solutions in the realm of tokenization. The initiative is anticipated to conclude its proof-of-concept phase by early 2025.
Project Aurum: advancing CBDC privacy in retail payments
Building on the success of its wholesale interbank system and retail CBDC prototype in 2022, Project Aurum, conducted jointly by BIS and the Hong Kong Monetary Authority (HKMA), progresses into its next phase.
The project explores the privacy aspects of retail payments using CBDCs. With the HKMA’s achievements in developing a robust foundation for Aurum, the research now delves deeper into understanding the intricacies of privacy in retail CBDC payments. This initiative aligns with the broader BIS strategy, highlighting the pivotal role of CBDCs in the evolving landscape of digital currencies.
BIS’ additional initiatives
Alongside tokenization and CBDC-focused projects, BIS introduces four other initiatives – Project Leap, Project Symbiosis, Project Hertha, and Project NGFS Data Directory 2.0 – addressing cybersecurity, green finance, and financial crime.
These projects underscore BIS’s commitment to a multifaceted approach to shaping the future of financial technology. Additionally, the continued focus on projects like Mandala, Pyxtrail, and Cambridge showcases BIS’s dedication to innovation, automation, and experimentation across diverse aspects of the financial industry.
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