NFT and METAVERSE: 2 cryptocurrencies you need to know
Summary:
NFT and the Metaverse have taken the world of investment and art by storm - here are two related cryptocurrencies you need to know.
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For several months now , NFT and Metaverse have taken the world of investments and art by storm while society and marketing are increasingly moving towards the virtual world.
After the emergence of NFT and Metaverse , the cryptocurrency sector is also becoming more and more interesting and there are 2 cryptocurrencies connected to these realities that you absolutely must know.
Now, in fact, those who enter the metaverse have the opportunity to own digital assets (through NFTs) such as land, works of art and videos. These digital assets are now also perceived as a great investment opportunity.
To buy NFT on the market you need to have a cryptocurrency for exchange and today we want to introduce you to those two very important NFT cryptocurrencies:
- Decentraland (MANA)
- Sandbox (SAND)
Decentraland (MANA): the king of the metaverse
Decentraland is a virtual reality ecosystem powered by the Ethereum (ETH) blockchain .
MANA users have already started creating many experiences such as interactive games, 3D scenes, plots of land and more. MANA tokens - Decentraland's cryptocurrency - can also be used to purchase names, avatars and other valuables in the Decentraland market.
MANA operates as a decentralized autonomous organization (DAO) for governance decisions.
This makes the token holders, participants in the community that makes decisions.
Users can monetize their land through leasing, advertising and paid experiences.
The continuous growth and continuous developments in the Decentraland community suggest that even the value of the MANA cryptocurrency can follow a path of growth as a direct consequence.
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