Metaverse coins are all the hype these days, with coins like Decentraland and Axie Infinity seeing massive price gains in recent weeks. In this list, we will explore 5 underrated Metaverse projects that have great long-term outlook. The below list is in no particular order.
Disclosure: This is not trading or investment advice. Always do your own research when buying any cryptocurrency.
#5 Wilder World (WILD)
Wilder World is an immersive metaverse built on Ethereum, Unreal Engine 5, and ZERO – a social platform similar to twitter. ZERO allows creators to connect with each other, and provides a place to build a community.
Wilder World also features NFTs, dubbed Wilder Wheels, along with a fully functional metaverse marketplace that allows users to trade items. WILD is the native token for Wilder World, functioning as the governance token for the Wilder DAO.
I would highly recommend checking out Wilder Worlds and joining their ZERO community. With a highly active marketplace and a solid team, the long term outlook of this project is extremely positive.
#4 Decentral Games (DG)
Decentral Games is a next generation DAO-governed metaverse casino. DG is the native token on the platform that you can deposit in order to play their games.
The DG token allows you to become the house and control the profits. You can also vote on new games, and earn money back when playing.
As the name suggests, all the games are built in Decentraland and on Matic Network. Currently, you can play Blackjack, Roulette, Poker, and Slots.
Since Decentral Games is built on top of Decentraland, DG makes for a great long-term metaverse coin. Not only has Decentraland become one of the top metaverse projects, but casinos have always been extremely popular in the crypto space.
#3 Aavegotchi (GHST)
Aavegotchi is a DeFi-enable cryptocurrency collectibles game that allows users to stake NFTs. The ecosystem also allows users to stake their interest-generating GHST tokens, and interact with the Aavegotchi metaverse.
GHST token is the Aavegotchi currency that can be used to purchase assets in the metaverse. Aavegotchis are ERC-721 NFTs featuring pixelated ghosts.
Aavegotchi features a fully playable app that allows you to stake your GHST and browse the marketplace. Similar to other projects in this list, Aavegotchi is governed by a DAO that manages all funds from the GHST token distribution.
With a market cap of $145 million, it’s clear that Aavegotchi has a lot of potential for growth. I would highly recommend keeping an eye on this project.
#2 Xaya (CHI)
Xaya is a custom platform for blockchain gaming. They offer a full fledged SDK that allows developers to create their very own blockchain-based games. CHI is the native token for XAYA.
The project’s mission is to build true blockchain gaming. Meaning, all aspects of the game on the blockchain should be decentralized.
The project features a few games, but they aren’t as easily accessible as connecting your MetaMask wallet. You will need to build the games from source on your own machine to get them working.
The main reason that Xaya is underrated is because at this stage, developers are still learning how to use it and build games with it. There’s great long-term potential for this project as more games are built using its SDK.
#1 PolkaWar (PWAR)
Another underrated metaverse platform is PolkaWar – a DeFi and NFT gaming platform. PolkaWar allows players to create characters and participate in battles against other players. In addition, PolkaWar will include a marketplace that will allow users to buy, sell, and trade items.
PolkaWar provides an easily accessible game portal which anyone can access by connecting their MetaMask wallet. The game is fully functional and allows you to create your character on the BSC chain.
With a marketcap of only $14 million, in my opinion this is an extremely undervalued project. The team is planning to implement the marketplace by Q2 of 2022 which makes this a great long-term hold.
Conclusion
All of the projects listed above have solid teams and great long term potential when it comes to the price of their tokens. Meme coins and Metaverse coins are the next big hype in crypto, which should continue through 2022.
The projects that will remain on top are those whose teams will continue to innovate, and produce quality content. With crypto maturing it’s only a matter of time before vaporware projects are left in the dust.
This is not trading or investment advice, always do your own research before buying any cryptocurrency.
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