Despite the dull markets with Bitcoin trading sideways within the 18k to 20k price range and Ethereum crashing down to $1,200, these Metaverse tokens have recorded some reasonable gains over the last week. Let’s take a look at some of these distinct tokens.
Note: The tokens below are listed by unit price, lowest to highest.
- Unit Price: $5.67
- 7-Day Price Gain: 12.76%
- Market Cap: $1,739,668,547
- Distinct Features: Token holders can participate in ApeCoin DAO and provide its members with a shared and open money that can be utilized without the use of centralized middlemen.
APE Ecosystem uses ApeCoin, an ERC-20 governance, and utility token, to enable and reward a decentralized community forming at the vanguard of web3. ApeCoin DAO members voted to transfer 62% of all ApeCoin to the Ecosystem Fund, which will promote community-driven initiatives.
ApeCoin also grants access to sections of the Ecosystem that would otherwise be unavailable, such as unique games and services. ApeCoin is a tool for third-party developers to join the ecosystem by embedding ApeCoin into services, games, and other projects.
The price increase, despite the dull market, can be attributed to the recent AIP proposal,
Voting has now ended on Snapshot. AIP-89, which proposes changing the UX & process for delegating ApeCoin, has been passed by the community. Thank you to everyone who voted!
— ApeCoin (@apecoin) September 15, 2022
Exchange – APE is trading on Binance, BTCEX, OKX, XT.COM, and Bybit with 24-hour trading volume of $273,329,139.
Matrix AI Network (MAN)
- Unit Price: $0.006556
- 7-Day Price Gain: 16.51%
- Market Cap: $1,402,217
- Distinct Features: The initiative intends to improve the ‘intelligence’, security, flexibility, and speed of blockchains.
The 2016-founded MATRIX AI Network (MAN) is a distributed computing platform and operating system that combines blockchain and artificial intelligence (AI).
MAN tokens are used for Rewarding, Payment, and Digital Asset Authentication:
- Participants in the MATRIX ecosystem, block-generating miners, and those who validate transactions have the opportunity to get MAN tokens as payment.
- On the MATRIX AI Network, every transaction—from renting out extra computing capacity to paying for AI services—is settled in MAN.
- Computing power, algorithmic models, or AI artworks are all converted into digital assets by forging NFTs using a certain amount of MAN that must be burned.
Matrix AI Network has one vision of building a decentralized auto-functioning AI economy. Matrix AI Network has completed the first draft of its roadmap and has recorded no smart contracts attacks since their 4years of existence.
Completed the first draft of the new Roadmap. ✅
Are you ready for the new roadmap? 🔥 pic.twitter.com/A6gf6o8uAM
— Matrix AI Network (@MatrixAINetwork) September 21, 2022
Exchange – MAN is trading live on KuCoin, Gate.io, Huobi Global, HitBTC, and PancakeSwap (V2) with a 24-hour trading volume of $459,275.
- Unit Price: $675.08
- 7-Day Price Gain: 19.61%
- Market Cap: $6,971,313
- Distinct Features: The most advanced web3 fashion ecosystem has unlocked an Open composable machine for dimensional culture.
The DIGITALAX platform’s native ERC-20 token is called MONA. It is the utility token for the platform and contributes to platform governance.
The in-depth web system DIGITALAX uses fashion and NFTs extensively as conceptual mediums with significant ramifications that go beyond common wisdom. The entire suite of media, tooling and markets supplied is supported by a technological protocol that is in the public domain.
This protocol contains all the information a person could possibly need to conjure self-sustaining, self-sovereign economies based on the modular components of web3 fashion, dimensional machines, decentralized manufacture, immersive stores, and open-world IRL gaming layers.
Exchange – MONA is trading live on Coinbase Exchange, Uniswap (V2), and Bancor Network with a 24-hour trading volume of $157,934.
NFT Worlds (WRLD)
- Unit Price: $0.007852
- 7-Day Price Gain: 22.06%
- Market Cap: $4,736,578
- Distinct Features: The WRLD token, which is exclusive to NFT Worlds, is an in-game money that can be used to pay for in-game services as well as won through the ecosystem’s mini-games.
Launched in December 2021, NFT Worlds is defined to be a blockchain-based play-to-earn (P2E) metaverse platform based on Minecraft.
The vast open landscapes created by Mojang Studios for their game Minecraft served as an inspiration for the ecology. Even though the two businesses are unrelated, NFT Worlds’ virtual worlds utilize Minecraft’s open-source environment.
The team established NFT Worlds to build the first play-to-earn gaming metaverse platform that is genuinely decentralized, cross-platform (computers/consoles), community-driven, and developed.
Despite the bear market, The platform is working hard to launch new assets, models, and designs on NFT Worlds.
We've been hard at work on designs, models and assets for the new NFT Worlds. Check out some of the latest below! pic.twitter.com/9LQY6Gnv0h
— NFT Worlds (@nftworldsNFT) September 15, 2022
Exchange – WRLD is trading live on MEXC, CoinW, LBank, CoinEx, and ZT with a 24-hour trading volume of $1,137,880.
- Unit Price: $0.00448
- 7-Day Price Gain: 24.64%
- Market Cap: $2,895,923
- Distinct Features: It seeks to make it possible for our gamers to “play to earn” and to promote blockchain adoption through conventional gaming.
The Tower Experiment project aims to combine blockchain technology with free-to-play gaming.
To combine traditional Free-to-Play gaming with the Play-to-Earn potential of blockchain gaming, developer and publisher Animoca Brands has created the “Tower Experiment.” The objective is to create a system that preserves the equilibrium and fairness of conventional free-to-play games while integrating several alluring aspects of blockchain technology, such as NFTs, DeFi, and governance.
The TOWER Platform consists of the token, the Crazy Kings franchise’s Free-to-Play games, and the blockchain component that supports the ecosystem’s financial infrastructure.
TOWER will be usable to purchase NFTs for the Crazy Kings franchise and will access certain gameplay modes in the upcoming blockchain game. Also, TOWER holders can submit and vote on proposals for games in the Crazy Kings franchise.
Exchange – TOWER is trading live on MEXC, KuCoin, LATOKEN, Uniswap (V3), and CoinEx with a 24-hour trading volume of $1,639,557.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any projects.