The concept of the “metaverse” has seen a massive surge in popularity over the past year, with hundreds of projects, both on-chain and off-chain, attempting to integrate virtual world concepts. With the Metaverse niche projected to be worth nearly $5 trillion by 2030, many investors are eager to participate in that growth. This guide explains how to invest in the Metaverse in 2022 and presents several popular approaches investors take before highlighting what factors to consider before choosing a Metaverse platform.
How to Invest in Metaverse – Top 3 Methods
Those who regularly buy cryptocurrencies will see first-hand the growth of the Metaverse over the past year, with many projects helping to bring this concept into the mainstream. The following five approaches outline how to invest efficiently in the Metaverse, each offering its unique investor benefits:
1. Metaverse Games
Our picks for the best way to invest in the Metaverse are Metaverse Games or Best Metaverse NFT Projects. Over the past year, the growth in this gaming area has been exponential, fueled by high-profile projects like Decentraland and The Sandbox. However, smaller projects have regularly started that try to build on the success of previous projects. In short, Metaverse games are precisely what their name suggests: Metaverse-based gaming platforms. Many of the top currencies in the Metaverse come from these game projects, so they work smoothly. One of the most appealing features of these games is the level of immersion they can offer players.
Those who have seen Steven Spielberg’s Ready Player One will clearly understand what Metaverse games are like. They feature rich 3D worlds where players can create their avatars and interact with other players’ avatars. This offers a new way of socializing that is even more common in today’s post-pandemic world.
Most attractive factors for players. These mechanisms allow players to earn rewards (in cryptocurrencies) for their in-game actions.
Essentially, this means that players can monetize their gaming skills in a fun way. Battle Infinity is a Metaverse game project that has recently attracted media attention. Fans to strategize and earn rewards for skillful play. These rewards are distributed in IBAT, the native Battle Infinity token. Many investors would like to buy Battle Infinity to participate in the growth of a project as it offers several other attractive features.
One of them is the “Battle Store”, which offers a variety of P2E multiplayer games for users to play, expanding the potential for rewards. Anyone interested in learning more about this exciting project can do so through the Battle Infinity Telegram group.
Top 5 Metaverse Games are
- Battle Infinity
- The Sandbox
- Axie Infinity
- Gods Unchained
2. Metaverse NFTs
Another popular way to invest in the Metaverse is through NFT. Due to their valuable features, some of the best NFTs of the past year have been part of Metaverse-based projects. A critical factor that makes NFTs attractive from a Metaverse perspective is that they can provide “true” ownership of game content. For example, in the metaverse game Gods Unchained, the in-game cards are structured as NFTs. This means that all of a player’s cards genuinely belong to him, preventing them from being stolen or altered.
This, in turn, reduces (or eliminates) the concept of cheating or hacking from the game. Another benefit is that in-game items can be easily traded when structured as NFTs. One of the best NFT projects currently offering this feature is Battle Infinity, which we also mentioned in the previous section. Battle Infinity has its NFT marketplace within its ecosystem, “dubbed Battle Market,”; which allows players to buy, sell, and trade in-game items. For example, users can go to the
Battle Market and use IBAT, Battle Infinity’s native token, to buy a new outfit for their in-world avatar.
This is another option for the best way to invest in the Metaverse, as supply and demand factors tend to drive the price of any NFT. So, naturally, NFTs will become rarer and more valuable as the platform’s user base grows. Many of the best NFT games (including Battle Infinity) also allow players to purchase virtual terrain in their world, structured as NFTs. We’ll explore this concept later in this guide, but it’s worth keeping in mind as it highlights the ongoing importance of NFT within the Metaverse.
3. Metaverse Crypto
Another approach to investing in the Metaverse is Metaverse cryptography. In short, Metaverse Crypto describes the native tokens of Metaverse-based projects. These tokens are typically used for various tasks like transactions, staking, and governance. Let’s take a closer look:
In-world transactions: Each Metaverse’s native token can generally be used to purchase items on the in-world marketplace. For example, users can purchase Axie Infinity and use tokens to buy additional “Axies” for use in the game. It also means that sellers in the crypto metaverse receive compensation, which they can exchange for another digital currency. Staking – Crypto staking involves “locking” tokens for some time, usually to increase the security level of the platform. Many Metaverse platforms offer their staking mechanism that allows token holders to earn a return on their holdings while benefiting the broader ecosystem.
Governance: Finally, many Metaverse projects are structured as a decentralized autonomous organization (DAO), meaning that the token holders are the ones who govern the platform. Most of the top DAO crypto projects allow token holders to vote on governance proposals, with those receiving the highest votes moving forward.
The list above is not exhaustive, as the cryptocurrencies of the Metaverse have many uses. They also offer an easy way to invest in the Metaverse as they are often listed on the top cryptocurrency exchanges.
Finally, those looking to invest in the Metaverse can even purchase IBAT tokens through the Battle Infinity pre-sale phase to participate in the project’s growth over the coming weeks and months.