Decentraland (MANA) is a virtual reality platform that lets users purchase virtual land as NFTs and modify them into anything they desire. Decentraland boasts a DAO or Decentralized Autonomous Organization system that enables the community to regulate the ecosystem through smart-contracts. Projects such as Axie Infinity (AXS) and The Sandbox (SAND) rode the waves of the Metaverse’s popularity, shooting to new all-time high prices and making their early investors a lot of money in the process. Vulcan Forged (PYR) and Automata (ATA) are now revolutionizing the NFT gaming industry in 2022, with a focus on exchange of in-game digital assets.
Decentraland (MANA) News | Price Peak Post Mark Zuckerberg’s Announcement in 2021
Decentraland (MANA) is the highest-ranked Metaverse crypto based on market cap. Its current price is $2.72 at the time of writing which is nearly 50% down from its all-time high of $5.85 set in November 2021. Before Mark Zuckerberg’s announcement shot the price to that all-time high, $MANA was trading as low as just $0.61 in the weeks prior. The enormous rise in price benefitted many of the original investors and believers in the project as it rose nearly 1000% in just under a month!
Vulcan Forged Coin (PYR) | Price, News and Bounty Program
Vulcan Forged (PYR) already has established itself as a game studio and NFT marketplace. With over 10 games already launched on the platform and a community boasting over 20000 members, the fundamentals for the project to reach new heights are already in place.
The NFT Marketplace is vast and it’s a top 5 marketplace in terms of volume already. Alongside this, Vulcan Forged (PYR) aims to develop and support up and coming game developers through their very own development programs. Vulcan Forged also has one of the most prolific bounty programs, recently having announced a reward of $500,000 bounty for the identity of a hacker.
Automata Network Coin (ATA) | Newly Launched Play-to-Earn DAO
Similarly, Automata (ATA) will make strides in the Metaverse. As a play-to-earn, role-playing game users will be able to buy and own a range of different NFT items to then use over the many levels of the game to earn themselves $ATA.
According to the white paper, $ATA is the Native Coin which is the game’s in-game currency, which may be acquired through gameplay and converted into real money or traded for virtual assets inside the game. The $ATA token is a Smart Chain on Binance, with a distinct ecosystem of multiple platforms and usage cases, as well as reflections, revenue shares to holders, providing burn and buybacks.
Automata (ATA) will be a decentralized autonomous organization (DAO), which means that all token holders will be able to vote on project decisions. As it is a self-regulatory organization, the token’s lifetime is ensured.
This means that fees are collected from each network transaction, and the value of $ATA should rise over time as the project becomes more self-sustaining. Not yet released yet, Automata (ATA) could provide early investors with a phenomenal opportunity to make huge gains. Keep your eyes peeled for further developments.
Author
Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.
