When Mark Zuckerberg announced that Facebook would be rebranded and become Meta late in 2021, few could’ve predicted how much attention, advancement, and investment the so-called ‘Metaverse’ would quickly gain.
Huge gains were posted by almost every major cryptocurrency towards the end of the year, and this was not limited to Metaverse tokens. The total market cap of all cryptocurrencies was up around $2.4 trillion in December 2021. For comparison, it is currently $1.8 trillion.
Metaverse cryptocurrencies on their own have a market cap of $28 billion. Two of the biggest Metaverse projects are The Sandbox (SAND) and Axie Infinity (AXS). A new and upcoming project hoping to redefine what people can do in the Metaverse is Seesaw Protocol (SSW).
Axie Infinity (AXS)
Axie Infinity (AXS) has drawn comparisons with Pokemon Go, and there are certainly similarities. It is a trading and battling blockchain game. In another nod to a giant gaming platform, Tamagotchi, users can breed, raise, and train their creatures, named Axies.
Each Axie is an NFT and there are thousands upon thousands of combinations in order to make every Axie as unique as possible. Metaverse gaming is tipped to be the next major frontier in gaming, and AXS is almost 10% over the past week.
The Sandbox (SAND)
Put simply, The Sandbox is a virtual world that allows its users to buy, build, customize, and then sell virtual land. Play-to-earn is at the heart of The Sandbox’s ethos as it allows users to be both creators and gamers.
The Sandbox (SAND) has attracted some of the world’s biggest companies and celebrities to their virtual world. Famously, a SAND holder paid what is believed to be around $400k for the opportunity to be Snoop Dogg’s virtual neighbor.
Heiress socialite and NFT enthusiasts Paris Hilton and HSBC, one of the biggest banks in the world, have invested in The Sandbox. These major partnerships have not gone unnoticed, and SAND is up by almost 15% over the last 7 days.
Seesaw Protocol (SSW)
The team behind Seesaw Protocol (SSW) has seen the potential of the Metaverse and has huge plans to both make their holders money and more importantly, change the face of education.
In their whitepaper, it states that they are “committed to creating a Metaverse dedicated to immersive learning. It is the purpose of this Metaverse to especially attract children to also live in an interesting virtual world, where learning is the natural outcome of enjoying the Metaverse.”
If SSW can capture the attention of young and disadvantaged children, the project could indeed be revolutionary. Its price increase during its presale reflects this. SSW launched at $0.005 at the end of January 2022, and at the time of writing is edging closer and closer to the $0.14 mark.
This would constitute an increase of 2700%, and should you wish to invest, there are now only 3 weeks remaining until the presale ends and SSW is launched into the world.
Enter Presale: https://presale.seesawprotocol.io/register