That means that there will never be more than 2.6 billion MANA at any given time.Īxie Infinity is an NFT-based online video game that uses the Ethereum-based digital tokens AXS and SLP. MANA’s total supply is fixed at 2.6 billion MANA.
It’s also built on Ethereum and can be bought and sold for other cryptocurrencies or for fiat currency. As a native utility token, it’s used to pay for goods and services. Besides being used to purchase LAND, MANA is the main token used in Decentraland. Users can purchase LAND on the platform using MANA. Each parcel of LAND on Decentraland is unique and owners can choose what they get to do with their portion of land. Decentraland (MANA)Īnother metaverse token you should know about is MANA, Decentraland’s token.ĭecentraland is a blockchain-based virtual reality platform where users get to buy, sell, and develop land, all while playing games, creating content, and interacting with each other.ĭecentraland is the biggest virtual universe in the NFT space and is represented as a non-fungible ERC-71 token known as LAND. With the Facebook tokenized stock, you can opt to buy a fraction of it instead of the whole stock, it has greater liquidity compared to real stocks depending on where you live, and they can be traded 24/7, unlike actual Facebook stock.įacebook Tokenized Stocks are available on FTX and Bittrex. In simpler terms, they are a tokenized version of shares, typically backed 1:1 by the underlying stock. With all the money that Facebook is investing in the metaverse, investing in Facebook Tokenized Stock could be quite lucrative in a few years’ time.įacebook Tokenized Stock (FB) are tokenized derivatives that represent traditional securities. So far, the tech giant has invested $50 million into its metaverse projects dubbed ‘XR Programs and Research Fund’. It’s not surprising, therefore, that Facebook has been investing heavily in the metaverse. Mark Zuckerberg is pushing for his company, Facebook, to become a metaverse company. So, what metaverse tokens should you know about? Facebook Tokenized Stock NFTs have contributed to the widespread attention that the metaverse has been receiving these past few months. Metaverse platforms will be most likely powered by blockchain technology, enabling people to own, build, and trade digital assets using non-fungible tokens (NFTs) and cryptocurrencies, such as bitcoin and ether. While there are various ways that you can invest in the metaverse and become a part of the action, in this guide, we will take a look at blockchain-based digital tokens that give you exposure to the success of the metaverse. This signifies how lucrative the metaverse could become in the coming years.īut, what metaverse investments can you make? How can you get started investing in the metaverse? What tokens should you consider investing in? Metaverse Tokens You Could Invest In So, why should you care about the metaverse?Īs an investor, why should you invest in it? According to Bloomberg, the metaverse’s market size is expected to grow to $800 billion dollars by the year 2024. The metaverse will provide an alternative digital universe where human beings will not only be able to live and work in, but also play. The world as we know it today will change greatly with the arrival of the metaverse.
The metaverse is a convergence of both our physical and digital lives - a new phase of the Internet that will see the coming together of augmented reality (AR), extended reality (XR), and virtual reality (VR) with our physical world. What is the Metaverse?īefore we take a look at the metaverse investment options you can consider, let’s first take a look at what the metaverse is. Read on to learn more about the metaverse and what investment opportunities exist in the crypto markets that provide you with exposure to the growth of the metaverse. But, what exactly is the metaverse, and what tokens should you know about if you are looking into investing in it? It’s therefore not a surprise that companies such as Facebook are investing heavily in the metaverse. The metaverse is the zenith of all science fiction fantasies that were played out in films such as ‘Ready Player One’ and ‘Tron.’ The “metaverse” might be a new term for many, but it has actually been around for decades. Ready, Player One? The metaverse is coming. Before we get into this topic, this is not an endorsement of these coins, make sure you do proper research before investing at your own risk.
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