Bitcoin (BTC) closed August at under $20k, which represents a massive fall from its all-time high of $69k three quarters into this year. Although the bear market has lasted quite some time now, there are signs that it is waning as the curtains are closing in on the bull market.
Cryptocurrencies’ value drops drastically during bear markets, making any crypto-related activity riskier and therefore undesirable. There have been several shifts in the sector since the last bear market, resulting in the current bear market not being as straightforward as its forebears.
Cryptocurrency bear markets can be particularly challenging for inexperienced traders. Some currencies lose a large chunk of their value after reaching an all-time high. Cryptocurrency prices often move much more rapidly than traditional stock markets. As participants enter the crypto market for the first time or lack the necessary information, they may make numerous missteps while trying to understand crypto charts. To avoid making the same mistakes, it may be helpful to gain insight from others who have lived through previous cycles.
You can also choose crypto coins to invest in by investing in the underlying token (aka native token or layer 1 token) of a strong metaverse game. With the turbulence in the current market, either investing in gamecoins directly as a pure investment, or by playing the related Metaverse game and collecting tokens via the GameFi aspects of the game (or both of course!), is a great way to find profits in the crypto world.
The popularity of games is largely determined by the gameplay of course, as well as the general utility and external value of the coins and NFT’s typically earned in-game; being able easily move your digital assets off the platform to trade them for cash or something else of value to you. As a game, and it’s currency and the utility and mobility of the assets within grow, so does the demand for the limited game tokens available and the price increases.
So, picking popular and exciting new games and accumulating their coins is a relatively predictable way to choose solid crypto coins to invest in. Here, we’ll be reviewing three altcoins that have the potential to make your 100X wish come through. These projects have been on the radar and have stirred up a lot of buzz in the crypto community. They are; Alien Worlds, Metamortals (MORT), Decentraland (MANA), and The Sandbox (SAND).
This blockchain-based, decentralized finance game (DeFi) offers two ways to earn its native token, Trilium, which runs on ERC-20, BEP-20, and WAX chains.
By purchasing NFT mining tools from WAX’s AtomicAssets NFT marketplace, you can mine for TLM and other NFTs. It is possible to use up to three tools, and the more expensive tools offer higher earning potential, but they require a long wait between mining sessions.
It is also possible to lease spacecraft to send on missions for the purpose of staking TLM on BNB chains in order to mine Trilium. By staking your TLMs to Planetary DAOs, you can increase your reward pool and earn voting power. Each staking period, users receive a bonus on their original TLM and rare NFTs. Weekly elections are also held in Planetary DAOs using TLM.
What is Metamortals?
An amazing Web3 game called Metamortals (MORT) has recently gained popularity across the digital universe. In contrast to other games designed for Web3, this one is truly unique. The possibilities of a truly decentralised financial system extend far beyond the realm of game design in the Metamortals (MORT) reality. Participants can stake their tokens in a liquidity pool for good returns on the platform.
Play-to-earn mechanisms have a wide variety of potential applications in the gaming portion of Metamortals (MORT), which is depicted as one of the most vital components of the ecosystem. The ecosystem will feature both player versus environment (PvE) and player versus player (PvP) game modes, and it will work to bring together experienced and novice gamers.
MORT, the native currency of the Metamortals project, can be purchased with in-game items once they have been obtained. The Metamortals (MORT) network is designed to appeal to many users by incorporating such features. It also has the potential to serve as an incubator for the creation of innovative blockchain applications and programs.
Why Should You Buy Metamortals Tokens?
Metamortals can be categorized under a sect of blockchain-based projects called GameFi. The GameFi space has seen a lot of success since the lockdown, with crypto games like Axie Infinity (AXS) coming to the limelight and setting the path for the growth and development of this branch of crypto projects. The gaming community provides thousands of hectares of untilled grounds for crypto projects. Metamortals (MORT) sees this, and the team behind the project has taken it upon themselves to be pioneering crypto leaders in the video game industry.
Simply by playing Metamortals (MORT), players have the opportunity to acquire virtual items that have an equivalent value in the real world. Spending time playing the game, accomplishing in-game tasks, meeting in-game goals, levelling up, and several other activities are good ways to accumulate these assets. After removing these assets from the game, they can be dealt with in one of the several NFT marketplaces where they can be bought, sold, or exchanged, a money-making opportunity for gamers, novices, and experts alike.
Subscribers of the Metamortals (MORT) network have access to a decentralised exchange through which they can trade their tokens directly with one another, bypassing the need to go through an intermediary when trading on a centralised exchange. Compared to what is offered on platforms that are part of central exchanges (CEX), the trading fees associated with using the Metamortals (MORT) are meager.
Bonuses and MORT’s Economics
The token is now available for purchase through a presale, which will take around 10% of the entire token supply available for purchase. Metamortals (MORT) tokens are capped at 50,000,000 (fifty million) units of MORT tokens. The distribution of these tokens is as follows:
- Play to Earn 40%
- Presale 10%
- Team 10%
- Developers 5%
- Liquidity Pools 20%
- Airdrop 5%.
In addition to the fact that members of the general public will have the opportunity to purchase tokens at a significant discount during the presale, the cost of tokens will almost certainly increase once Metamortals (MORT) has been fully released.
The project promises early adopters a substantial number of additional benefits and enticing deals. Some of these offers include a 10% bonus for purchases using Bitcoin (BTC) and a scintillating 64% bonus incentive for fiat deposits of up to $2,500.
How To Buy Metamortals Tokens?
The first step is to own an online wallet. If you don’t have one, you can create one with Metamask if you are a PC user or download the Trust Wallet mobile app from a trusted source like the app store for your operating system (android or iOS).
Make sure your wallet is credited with the accepted crypto options like USDT, ETH, BTC, etc. Refer to Metamortals (MORT) to observe your options. Fill in the empty fields and proceed to connect your wallet. Take advantage of the presale window to accumulate as much as you can before the official release date.
The Virtual Network – Decentraland
Decentraland (MANA) is a blockchain-powered online virtual network and environment. Users can create and own their pieces of land, artwork, and Non-Fungible Tokens (NFT). Participants in the project can also take part in the platform’s decentralized administration.
Because it is a DAO, Decentraland’s users have a say in the platform’s administration. All in-game items and Decentraland’s native coin, MANA, are stored on the Ethereum network. DSecentraland (MANA) is one of the leading crypto projects with an eye for innovation and the zest to contribute to the development of the metaverse. Decntraland (MANA) is a favourite asset to have.
The P2E Platform – Sandbox
The Sandbox (SAND) is a play-to-earn game that is set in a 3D metaverse that incorporates blockchain technology, decentralised finance, and non-fungible tokens (NFTs). Players can develop their games and digital assets and customise them using the free design tools provided by its virtual environment.
The newly minted non-fungible tokens (NFTs) can then be exchanged for SAND tokens on The Sandbox Marketplace to purchase the newly manufactured virtual products. Not only are they able to utilise the virtual commodities to engage with other players, but they are also able to monetize these non-fictional items (NFTs) by exchanging them on the Sandbox Marketplace.
Making 100X of your portfolio is not far-fetched, but with a careful strategy and an eye for picking out the right project, it is very achievable. These three tokens have been dubbed favourites to excel in the year’s final quarter. You should add them to your watchlist.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.