In this down market, we can see many opportunities to jump into a potential project. But traders may confuse that which altcoin to buy, and which one to eliminate from their portfolio.
Altcoin Daily, the best cryptocurrency news media online, has revealed the top 6 metaverse altcoins with huge potential to buy in June 2022.
The Sandbox (SAND)
The first altcoin on the list is The Sandbox (SAND). The Sandbox is a blockchain-based virtual world allowing users to create, build, buy and sell digital assets in the form of a game. By combining the powers of DAO and NFTs, the Sandbox creates a decentralized platform for a thriving gaming community.
The big news of Sandbox is that the king of rock Elvis Presley enters the metaverse with the Sandbox. Additionally, 1,935 Elvis Genesis Key NFTs will be released to commemorate his birthday.
Moreover, 250,000 pots for all Doggies NFT holders. You can earn SAND with your Snoop Dogg avatar. This is just another of many many examples of different celebs choosing them. And the Sandbox is very customizable, meaning you can be whoever you want to be and choose an avatar that represents you. Therefore, the Sandbox is open to everyone.
DOGGIES! 🔥 Listen up, we got a special event lined up for y’all… 💸250k $SAND pot 😛 for all Doggies #NFT holders!
— The Doggies (@TheSnoopAvatars) May 30, 2022
Jump into @TheSandboxGame and play different experiences each week, wearing your Snoop avatar!🐶
We go next week!https://t.co/TzoDPup0Zx pic.twitter.com/AWwQ3udaC0
Axie Infinity (AXS)
The second metaverse altcoin with huge potential is Axie Infinity (AXS). Axie Infinity is a blockchain-based trading and battling game that is partially owned and operated by its players. Axie Infinity is a blockchain-based game in which players purchase nfts of pokemon-like monsters to pit them against each other in battles players can earn a second token called smooth love potion (SLP) during the gameplay and trade them for money in exchange.
AXS token rallies 19% amid builders program launch. Sky Avis, the indie studio behind the Axie Infiniti play-to-earn game has announced the first 12 projects joining its builders’ program. The first batch of projects has been accepted into their builders’ program. The program will introduce user-generated content into the Axie ecosystem.
Your Axie NFTs are a ticket to an infinite realm of experiences. Today, we take a major step towards making this a tangible reality.
— Axie Infinity🦇🔊 (@AxieInfinity) May 31, 2022
We’re ecstatic to present the first 12 projects that we’ve accepted into the Axie Builders Program!https://t.co/iy2x9sXcR9
Among a host of incentives, the chosen teams will receive a minimum $10,000 grant in tokens to fund their projects, exclusive access to tech integrations such as Ronin Single-Sign-On and Ronin wallet transactions, that’s their side chain, as well as guidance from Axie Infinity’s engineering, game design, and product teams. Additionally, the projects will be able to monetize their game using the crypto game’s brand with a revenue-share model.
GAIA Everworld (GAIA)
The next potential metaverse altcoin mentioned on the list is GAIA Everworld (GAIA). GAIA Everworld is an immersive multi-region fantasy world where players are able to build their own kingdoms.
Polygon-based multi-region fantasy game. GAIA Everworld closes a 3.7 million dollar seed round. They did have major backing for many notable investors and partners including Polygon, AU21 Capital, Mexc Global, Shima Capital, Enjin Starter, and many more.
GAIA Notable Investors and Partners | Source: Gaiaworld.com
One of the major events that did just happen is their land sale and people have started to build whether that is houses, buildings, farming supplies plants, and more.
Goblintown
The next one is making huge news, Goblintown. Goblintown is a 37 million NFT collection that nobody can explain. The project is considered garbage, but for some reason, the project is catching on. The hosts were the anonymous creators of Goblintown.wtf, a collection of 10,000 NFTs that have become an unprecedented success since launching on May 19th. Each features a grotesque goblin, to be used as a profile picture on Twitter, Discord, and Instagram, each with different attributes and accessories.
Goblintown was a free mint, meaning those who caught the public sale only had to pay the transaction fee. In the 12 days since the launch, Goblintown’s entry price went from 0 to now a floor of 6 ETH.
They seem to have value now, and whether you believe in the long-term outlook of Goblintown.wtf or not, what they’ve managed to do is make people smile during downtime in crypto. That’s what community is really all about.
Realm (REALM)
The next potential metaverse altcoin is Realm (REALM). Realm is a mobile-first play to earn social impact-driven metaverse. They started building last year and they are focusing on mobile. They’re building augmented and virtual and the metaverse reality in our phones.
First off, they’re playing to earn, but they’re also playing to own. They value every second that you play and reward you with ownership of Realm, so you import your avatar, you can also bring in your other NFTs. It’s free for everybody and then you earn realm tokens for participating.
They are socially impactful bridging reality. Your actions in our virtual world are designed to make the real world a better place, and become a force for good in the world by playing fun games on your phone and connecting to causes that you care about.
They’re in private alpha. Their public beta is dropping soon. We’ve been testing the Realm app with multiple devices and many users in preparation for launch.
We've been stress testing the #REALM app with multiple devices and many users in preparation for launch 😎🔥
— Realm (@Enter_Realm) May 30, 2022
One of our latest accomplishments was getting our avatars to load 80% more effectively 🤩#metaverse #NFT #crypto #EnterREALM pic.twitter.com/xiZtPocN65
Illuvium (ILV)
The last one on the list is Illuvium (ILV). It’s a game studio launching play and earn NFT games in the blockchain metaverse, fight for ETH, hunt, capture, fight, and earn. This one also has a lot of notable backers.
They have announced their integration with Immutable X (IMX), the leading layer 2 Ethereum scaling solution for NFTs. The project is an exciting new blockchain-based game, so far has gained huge industry support because of its founders and their pretty solid reputation in the DeFi space.
We’ve been stress testing the #REALM app with multiple devices and many users in preparation for launch 😎🔥
— Realm (@Enter_Realm) May 30, 2022
One of our latest accomplishments was getting our avatars to load 80% more effectively 🤩#metaverse #NFT #crypto #EnterREALM pic.twitter.com/xiZtPocN65
Read more:
- Mark Zuckerberg: Metaverse strategy might result in losses for up to five years
- French startup Sneakmart will bring its Metakicks sneaker NFTs to the Metaverse in 2022