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The 4 Best Metaverse Crypto Coins To Buy In 2023

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When Facebook’s holding company rebranded as Meta in autumn 2021, it gave a clear indication of Mark Zuckerberg’s vision of the future: a digital world made up of virtual reality (VR) and augmented reality (AR) apps. Cryptocurrencies are an integral part of this futuristic vision, but exactly what is metaverse crypto, and what are the 4 best metaverse crypto coins to buy in 2023? Read on for the answers. 

Best Metaverse Crypto Coins for 2023

1. Metacade (MCADE) for P2E and GameFi

2. Decentraland (MANA) for Artists

3. Sandbox (SAND) for Virtual Gamers

4. Axie Infinity (AXS) for Pokémon-style Games

1. Metacade: Best Metaverse Crypto for P2E and GameFi

The metaverse opens up all sorts of new possibilities for people to work, socialize and play. With Metacade (MCADE), those 3 areas start to merge and overlap in ways that were once unimaginable. Blockchain gamers can have fun, all while earning money in Metacade (MCADE)’s fantastic range of classic arcade and advanced metaverse games. It’s possible through Metacade (MCADE)’s Play2Earn, Compete2Earn, Create2Earn and Work2Earn functionality.

Metacade (MCADE) is currently racing through its presale, with investors drawn in by the company’s appeal to all sides of the P2E and GameFi industry. Developers can interact directly with players and use those relationships for testing, development, and direct feedback about new titles released in the Metacade arcade. Meanwhile, gamers who are also crypto enthusiasts can invest in Metacade and then stake their tokens to earn a passive income.

The Metacade (MCADE) roadmap outlines the company’s visionary plans for the future. This includes a commitment to becoming a DAO, giving members governance rights, rewards and influence on future game development. Metacade (MCADE)’s vision also includes Metagrants, a smart initiative that provides funding for the building of new games on the platform. With such vision, it’s easy to see the company as the ultimate Web3 community hub for P2E and GameFi.

It makes sense that the Metacade economy – or ecosystem – is underpinned by a currency (MCADE) that allows members to earn tokens while playing, stake tokens to enter tournaments, and even trade tokens for merchandise on the platform. These capabilities explain what metaverse crypto is and what it does, and underline why it has such an important role both within the game and in the real world. It’s the key to getting the most from working, playing and socializing in the virtual world.

The Metacade presale is proving extremely popular with investors, and in a few short weeks, it’s raised over $3.3 million. There’s still time to buy in at the low price of $0.012. But that price won’t be around for much longer – demand is high, and some industry experts are already speculating on the possibility of 100x gains in 2023.

>>> You can participate in the Metacade presale here <<<

2. Decentraland (MANA): Best Metaverse Crypto for Artists

While the other companies on this list of best metaverse crypto coins all focus primarily on gaming and games, Decentraland (MANA) takes a slightly different approach with its virtual world. Sure, there is a gaming and P2E element present, but in some respects, Decentraland (MANA) is more like a shopping mall, concert venue or real estate company than a games arcade. That’s reflected in two significant ways that you can earn money with this platform.

First, artists, fashion designers and musicians can use Decentraland (MANA) to create, market and sell their content. Artists can create real or virtual works of art, fashion designers can showcase collections for real people or in-game avatars, and musicians can organize virtual concerts to promote a new tour or album. In all of these examples, content can be minted into NFTs that can be bought and traded.

The other way to make money is via virtual real estate development. Developers in the real world can either buy an existing business and location and carry on running it. Or they can purchase a vacant parcel of land, build on it, and make money from renting it out, or from selling on the development. Real estate development in the virtual Decentraland metaverse is no different, and it’s a good example of what metaverse crypto is capable of delivering.

Decentraland (MANA) has the advantage that it’s been around for a long time compared to other metaverses and already has products ready to go. It also benefits from being a DAO, meaning it’s owned, managed and governed by its users. Although daily active user numbers have remained relatively low, there’s a good chance that this will change in 2023, as more people wake up to the entertainment, fun and revenue potential in the metaverse.

3. SANDBOX (SAND): Best Metaverse Crypto for Virtual Gamers

It may sound obvious to say it, but different metaverses offer different experiences and are targeted at different segments. Some virtual worlds are strong on NFTs and content creation. Some are more geared toward a specific area of interest like travel, fashion or art. Others focus on the financial and crypto sides of GameFi. That diversity means it’s not always easy to define exactly what a metaverse crypto is … unless you are talking about Sandbox (SAND).

Sandbox (SAND) is aimed first and foremost at virtual gamers. That should come as no surprise, as the company can trace its origins back to a mobile phone game before it took the leap into virtual reality. Although its primary focus is on gaming, it has to be said that Sandbox (SAND) is also attractive to a myriad of crypto investors, developers and retail brands. However, some analysts wonder if the company has too narrow a focus and requires too much investment.

As well as P2E games, players can buy a piece of digital real estate called LAND in the Sandbox (SAND) metaverse, allowing them to build, customize and make money from their own virtual creations. VoxEdit allows them to create 3D models and NFT which can then be sold on the Sandbox Marketplace. Similarly, the Sandbox Game lets users create 3D games that can be sold for profit. In time, users will also be able to make money from renting out their LAND. 

Sandbox (SAND) makes the cut as one of the best metaverse crypto projects because it never stands still. The company continues to announce new games, new partnerships, and new retail brands on its platform. As more people wake up to the fun and earning potential of metaverse games, and as Web3 technology makes the impossible possible, Sandbox (SAND) looks set to prosper.

4. Axie Infinity (AXS): Best Metaverse Crypto for Pokémon-style games

Surely no one could have predicted that Japanese trading cards and battling games would become such a worldwide phenomenon. Some 25-plus years after their launch, Pokémon and Tamagotchi remain huge favorites, and that helps to explain the success of Axie Infinity (AXS). Inspired by its Japanese cousins, Axie Infinity allows players to buy, create, nurture, trade and compete in the metaverse with digital pets called Axies.

But how can players make money with these virtual creatures? Once you understand what metaverse crypto is and how it works, the potential of Axies starts to become clearer. With Axie Infinity (AXS), players can battle to earn SLP (smooth love potion) tokens, which can then be used in association with AXS tokens to create new NFTs. So in fact, Axies are essentially NFTs that can ultimately be traded or rented out to earn money in the real world. 

There’s a lot to admire about Axie Infinity (AXS), and that’s why it makes it onto this list of best metaverse crypto coins for 2023. Top players can genuinely make a living out of doing what they love. The games and battles are terrific fun, and extremely popular. Gamers can earn passive income by lending out their Axies to other gamers, and then receive a share of any earnings made. And holders of AXS tokens enjoy governance rights.

Are there any downsides? It goes without saying that as with any investment, there are potential risks. Axie Infinity (AXS) suffered a massive $620m hack in summer 2022, damaging the company’s reputation, standing and value. Also, if you’re serious about making a living from Axie Infinity (AXS)’s P2E functionally, you will have to invest significant time, resources and money. But if you’re having fun, perhaps that isn’t too much of an issue.

Best Metaverse Crypto Coins for 2023: The Overall Verdict

There’s no doubt that all of the 4 companies listed here – Metacade (MCADE), Decentraland (MANA), Sandbox (SAND) and Axie Infinity (AXS) – stand to benefit from the increasing demand for metaverse games. But which is the best metaverse crypto coin to buy in 2023? That’s a really tough question because each contender has an incredible amount going for it.

In the end, though, Metacade clinches the top spot because of its unrivaled selection of games, its industry-wide focus, its forward-looking vision, and its cracking presale price. Get in now at the best price whilst you still can.

You can buy the best cryptos at eToro here.

You can participate in the Metacade presale here.

The Shiba Inu’s Shibarium Beta Launch: Team Clarifies Purpose of Layer 2 Network

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The Shiba Inu (SHIB) team today announced the upcoming Beta launch of its Layer 2 Network, Shibarium, providing an overview of its fundamental concepts to the community.

The team clarified that Shibarium, their Layer 2 blockchain Shiba Inu, is not being developed as a price-pumping tool but instead to fulfill the project’s “vision and provide the community with a tool to build and grow the project on their own terms.”

They also highlighted that with the imminent launch of the network, they are encouraging the community to familiarize themselves with the concepts before testing. 

According to the announcement post, Shibarium is set to revolutionize the crypto space and the Shiba Inu Ecosystem. The benefits of using a Layer 2 blockchain include faster transaction times, lower fees, and an expanded development framework.

Shibarium’s protocols are versatile and can be applied across various sectors, including the Metaverse, Web3 innovation, and gaming, due to the shared limitations of scalability and performance faced by current blockchain networks.

Shiba Inu’s Layer 2 Allows “off-chain” Transactions

The high cost of gas in the ERC network during the summer of 2021 made using cryptocurrencies or NFTs for everyday transactions unfeasible.

Shibarium’s Layer 2 blockchain removes this barrier by allowing transactions to occur “off-chain,” meaning transactions occur outside of the Layer 1 blockchain and are communicated back. 

Layer 2 blockchain technology operates above existing blockchain networks, enabling faster, more affordable, and private transactions to be executed off-chain while still maintaining the security of the underlying blockchain. 

This can decrease the burden on the blockchain network and enhance the user experience for virtual reality and gaming applications.

The post also highlighted that BONE was already chosen token for gas transactions and rewarding validators and delegators in the Layer 2 protocol:

With a total supply of 250 million, of which 20 million have been reserved to reward Validators and Delegators in the coming years and voted in by the Shiba community through our DAO process.

Shiba Inu (SHIB) On Rise

After the announcement, the value of SHIB increases. According to coinmarketcap, the token is currently valued at $0.00001039. Both the daily and weekly charts indicate a positive trend, with gains of about 4.88% and 18.51%. Additionally, the token’s trading volume has also increased by 6% in the past 24 hours.

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Source: Tradingview

The token experienced exceptional growth in 2021, but like many other cryptocurrencies, it faced bearish market conditions in 2022. While some analysts were surprised by the token’s meteoric rise, others predict that it may reach its previous high of $0.00048 in the current year.

Related Reading | Ex-FTX President’s New Firm to Receive Investment From Anthony Scaramucci 

Metaverse Will Continue to Sway Consumers’ Minds Despite Turbulent Market Conditions

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The Metaverse and its potential value continue to sway consumers’ minds despite turbulent market conditions over the last year. Based on recent research, in 2023, “43% will use virtual reality to inspire their choices.”

A survey report named “Travel Predictions 2023” by the well-known online travel operator Booking.com was published, and it included views from 24,179 people in 32 different nations and territories. Adults who intend to travel for work or pleasure in the upcoming 12 to 24 months were selected for the research.

Even while the globe isn’t quite ready to accept travel in the style of science fiction films yet, it gives tourists a preview of what they may expect to see. By seeing it digitally first, 43% of people will use virtual reality to inform their decisions, and 46% of people are more inclined to travel than they otherwise would have been.

However, the report also found that over 35% of those polled said they would participate in a multi-day AR or VR travel experience, indicating that some people are eager to spend many days in the Metaverse.

As haptic feedback technology advances, virtual travelers will soon be able to feel the sand between their toes and the sun on their skin without even having to step outside.

While on the other hand, 60% of travelers feel that traveling virtually isn’t as satisfying as going there personally. So, for the most part, their estimates for travel in 2023 don’t involve people switching from sunglasses to VR goggles.

93% of Adult Consumers Are Metaverse-Curious

Data from another survey by Capgemini, a business and technology strategy advisor, shows that just 4% of their survey respondents are tech enthusiasts who now have the most interest in the Metaverse.

“Metaverse-experienced consumers” is what they refer to as this 4% of their sample population. But this limited acceptance does not imply a lack of customer interest or attention.

The report stated that “93% of adult consumers surveyed are metaverse-curious.” They fall into three groups,  the first (51% of the survey population), who would utilize the Metaverse once it is available to them.

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Source: Capgemini

Second, 31% of poll respondents said they would use it once their friends and relatives did. Third, 11% of respondents said they would utilize it, but not in its current form.

Additionally, customers from countries like Canada, South Korea, and Japan are more likely to have used the Metaverse than those from countries like Spain, the UK, and the Netherlands.

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Source: Capgemini

Related Reading | U.S. FSO Council Recommends Crypto Legislation To Address Regulatory Gaps: Report

Team Shiba Inu Showcase A “Spectacular” Metaverse Hub: Details

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Shiba Inu team’s initial idea of presenting a new hub called Ryo Plaza did not go as planned, the official handle said via Twitter. However, it offered users the WAGMI Temple hub in a unique way. And the response was “Spectacular”.

Thank you for attending the Holiday Fireside with us! The feedback that has been coming in is just spectacular! While we weren’t able to showcase Ryo Plaza, we did want to travel back to WAGMI Temple and give everyone a first look at the Hub within the world! Happy Holidays!

The SHIB team made up for the lack of Ryo Plaza by offering the WAGMI Temple hub through Unreal Engine 5.1. The post was accompanied by screenshots of WAGMI Temple, a hub that was already introduced earlier this year in the form of concept art.

The SHIB team further thanked the community for attending the Holiday Edition Fireside Chat online.

Unreal Engine, a 3D computer graphics gaming engine, was built by Epic Games. Virtual landscapes for video games now appear even more vivid and vibrant thanks to Unreal Engine 5.1.

Earlier this week, the SHIB Metaverse Twitter account made a giveaway announcement for the occasion. One lucky winner would receive a digital parcel of land from The Metaverse Silver Fur. Silver Fur is one of the four land plots that make up the metaverse’s four tiers.

With 2,024 virtual land plots, Tier 1 category is referred to as Diamond Teeth. Platinum Paw and Gold Tail, with 5,714 and 7,356 land plots, respectively, make up Tiers 2 and 3. With 17,030 land plots, Silver Fur is the tier with the most land.

That being said, the leading memecoin has recently tapped a new milestone in terms of users as the army of Shiba Inu owners grows. The quantity of token holders has dramatically increased during the last two days.

Shiba Inu Scores New Milestone

According to information provided by WhaleStats wallet tracking service, the number of Shiba Inu users has climbed dramatically over the last two days increasing by over 2k.

This number was 1,256,965 on December 6 with 800 additional users joining in a span of 24 hours. Despite the crypto winter that began in February of this year, a whopping 250,000 new SHIB members joined in total.


Sandbox and Binance.US join forces to trade

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In order to facilitate trading, Binance will list Sandbox (SAND), the exchange declared today. According to Binance, deposits for SAND are now open in anticipation of trading in SAND/USD and SAND/USDT. When trading goes live tomorrow, withdrawals will be permitted.

In the virtual world known as The Sandbox, users can create, control, and make money from their gaming activities using non-fungible tokens (NFTs) and SAND, the platform’s utility token. According to Binance, The Sandbox features its own metaverse where users can develop, share, and monetize their assets and game experiences.

SAND can also be used to buy digital property within its ecosystem. SAND is currently trading at $0.8451 and has a $1,267,745,533 market cap. With the most recent announcement of it being added to the Binance exchange, the coin will probably experience a decent increase. One of the largest cryptocurrency exchange platforms on the planet is Binance.

Sandbox reaches heights with DBS bank

In September, the massive banking conglomerate DBS of Singapore declared a partnership with The Sandbox, a metaverse platform. The joint venture intends to create new virtual world services for DBS customers. The bank will buy a three-by-three-foot patch of land to create DBS BetterWorld, an exclusive metaverse property. DBS BetterWorld will highlight the significance of creating a more improved and sustainable planet.

Sebastien Borge, the co-founder of The Sandbox, welcomed DBS to the metaverse and to their collaboration in building a SingaporeVerse. The SingaporeVerse is an effort to introduce Singaporean culture to the metaverse. It will be a neighborhood that adheres to the Singaporean way of life while being interesting, equitable, and inclusive.

In July, The Sandbox saw a significant growth spurt. With the successful migration of its smart contract to Layer 2 of Polygon’s network, both LAND and SAND are now entirely supported. Its price did increase as soon as that news broke, and it might do so again in the days to come.

Metaverse: UAE Ministry of Economy now has a new address

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The Middle East has repeatedly stated its interest in cutting-edge technology. Many have undoubtedly been drawn in by the Metaverse. Saudi Arabia, the United Arab Emirates (UAE), and other nations in the area have been making significant investments in the online world. But with its most recent declaration, the UAE made the decision to enter the virtual realm.

The brand-new headquarters of the UAE Ministry of Economy will be situated in the Metaverse, according to the ministry. Abdulla bin Touq Al Marri, Minister of Economy, stated during his speech at the Dubai Metaverse Assembly that this was the ministry’s third address and wasn’t just a proof-of-concept.

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Abdulla bin Touq Al Marri, UAE’s Minister of Economy

There are now two offices for the Ministry in the UAE. One is seated in Abu Dhabi, and the other is in Dubai. The metaverse office would be its third, as was previously announced.

On the first day alone, the Dubai Metaverse Assembly attracted nearly 20,000 attendees. The virtual headquarters was demonstrated live for attendees, who noticed that anyone in the world may go there.

The corporate headquarters was a tall structure. In order to enter the building, guests would need to purchase a ticket. Its numerous floors are expected to each have a specific function.

A sneak peak into the metaverse HQ

The avatar for the ministry in the metaverse, Khalifa Al Jaziri, emphasized that because the metaverse is a 3D environment, voice prompts would be used for interactions.

People no longer need to visit the ministry’s physical location because all of its services are provided in the virtual world. In the digital office, for instance, contracts could supposedly be signed. Jaziri further said,

“So, anyone around the world who has a transaction with the ministry no longer has to come to the UAE to sign an agreement.”

The UAE’s most recent action has undoubtedly helped the nation advance in the virtual world’s race. While other nations were still looking into the potential of the technology, the UAE has already begun to develop it.

Axie Infinity and Revolutux: Two Metaverse Compatible Projects With Well Developed NFT Marketplaces 

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The metaverse is one of the countless opportunities for crypto enthusiasts to make money while doing what they love. Axie Infinity (AXS) and Revolutux (RVLT) are metaverse compatible cryptocurrencies. 

Although Axie Infinity (AXS) and Revolutux (RVLT) have different features, they provide a platform for users to interact with the metaverse and earn massive rewards.

Axie Infinity (AXS) is a virtual gaming platform on which users can earn tokens and NFTs while playing the game. Revolutux (RVLT) allows its users to create and trade Non-fungible tokens. These are enriching opportunities that crypto enthusiasts can utilize to make money. 

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Axie Infinity and Revolutux: Two Metaverse Compatible Projects With Well Developed NFT Marketplaces  7

Shiba Inu (SHIB) is another crypto project that holds out high rewards for its users. Unlike Axie Infinity (AXS) and Revolutux (RVLT), it is a memecoin with unique features. This article will highlight the features of the Revolutux (RVLT) cryptocurrency while comparing it with Axie Infinity (AXS) and Shiba Inu (SHIB).

Features of the Revolutux (RVLT) 

Revolutux (RVLT) aims to develop a user-friendly, fast, and cheap platform for blockchain-based transactions. It utilizes the Binance Smart Chain network and its underlying infrastructure to accomplish this feature.

Revolutux (RVLT) is keen on transparency, decentralization, and long-term viability. The Revolutux (RVLT) ecosystem issues its community-managed deflationary cryptocurrency to guarantee this functionality.

The Revolutux (RVLT) native cryptocurrency “RVLT” has a total supply of 50 billion tokens. This volume will be decreased over time to create scarcity and increase its value. Burning within the Revolutux (RVLT) ecosystem takes place periodically. 20% of all transaction fees within the Revolutux (RVLT) ecosystem are burnt. 

Additionally, Revolutux (RVLT) token holders can participate in the governing process that determines the future of the Revolutux (RVLT) ecosystem. This member involvement makes them feel involved in the growth of the ecosystem. 

The Revolutux (RVLT) ecosystem has an active reward redistribution system for all its users. This redistribution occurs as 50% of all transaction fees are returned to the wallets of RVLT holders. 

Features Of The Axie Infinity (AXS) Ecosystem 

Axie Infinity (AXS) is an Ethereum blockchain-based metaverse project. Like the Revolutux (RVLT) ecosystem, it allows users to create, own, and trade Non-fungible tokens. 

Axie Infinity (AXS) is a virtual gaming platform where users can purchase and own NFT-like in-game assets. These in-game assets can be land or Axies. 

Axies are monster-like creatures used to engage in battles within the Axie Infinity metaverse. They can be purchased, raised, or bred within the Axie Infinity (AXS) platform. Like NFTs, Axies are unique assets. Each Axie’s specifications determine its strength and power.

Axies are bred to create new NFT-based in-game assets. The new Axies share similar traits with their parents, determined by their dominant and recessive qualities.

Like the Revolutux (RVLT) ecosystem, Axie Infinity (AXS) has a native NFT marketplace where users can exchange axies for cryptocurrencies. The AXS cryptocurrency powers transactions within the Axie Infinite ecosystem. 

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Axie Infinity and Revolutux: Two Metaverse Compatible Projects With Well Developed NFT Marketplaces  8

Features of the Shiba Inu (SHIB) Ecosystem

The Shiba Inu cryptocurrency differs from the Revolutux (RVLT) and Axie Infinity cryptocurrencies. The Shiba Inu cryptocurrency was created as a meme coin in the crypto space. Meme coins are cryptocurrencies created based on a popular internet meme.

Since Dogecoin (DOGE), the first meme coin, became a success and gained acceptance within the crypto space, other meme coins like Shiba Inu (SHIB) have entered the coin market. The Shiba Inu cryptocurrency experienced a surge in price not shared by any other meme coin.

Additional Features Of The Revolutux (RVLT) Ecosystem

Revolutux (RVLT) is a new cryptocurrency in the coin market, which means it has a lot to offer its users. It is currently in its presale stage and provides additional reward opportunities for its participants.

Participating in stage one of the presale is rewarded with a 7% bonus. Participants earn a 6% bonus when they purchase USDT ERC-20 tokens in the presale. When referring others, both parties will receive $50 as a reward for participating in the presale when the referred individual purchases $200.

The Revolutux (RVLT) token is one of the best cryptocurrencies you can buy in 2022. It offers numerous reward opportunities due to its host blockchain. Revolutux (RVLT) stakeholders will play an active role in determining the ecosystem’s future. Participate in the ongoing presale to enjoy the next-generation ecosystem’s features. You can find more information here.

Tinder Is Backing Down From Its Metaverse and Web3 Plans

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The parent firm of the famous dating app Tinder, Match Group, has announced that it would reduce investment in Web3-related research and advancement in light of the business’s weak Q2 results and the departure of Tinder’s current CEO.

Match Group CEO Bernard Kim stated in a letter to investors on Tuesday that the company will be reducing its investments in the metaverse and abandoning plans to launch Tinder Coins, an in-app digital currency.

The move also coincides with Renate Nyborg, the first female CEO, quitting her position. Renate had originally outlined ambitions to launch the “Tinderverse” after purchasing the video-AI and augmented reality business Hyperconnect in 2021.

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Tinder Is Backing Down From Its Metaverse and Web3 Plans 10

Nyborg had envisioned Tinderverse

In order for Tinder customers to connect and communicate with each other in the future, Nyborg had envisioned Hyperconnect expanding its avatar-based “Single Town” experience.

While Kim did not specifically specify why Nyborg left, he did note that during the previous few quarters, the dating platform “has not been able to realize the monetization success that we generally provide.”

Kim stated in his letter that Match Group will keep an eye on the Metaverse but would rather wait till the “right time:”

Given uncertainty about the ultimate contours of the Metaverse and what will or won’t work. I’ve instructed the Hyperconnect team to iterate but not invest heavily in [the] Metaverse at this time.”

Tinder Coins, an in-app digital currency, had also been canceled, according to Kim, because of “mixed outcomes” from testing.

To guarantee that they can be a true engine for its next leg of development and help us uncover the platform’s latent power users, he continued, “We also aim to do more thinking on virtual products.”

“We’ll continue to carefully assess this market, and when the time is right and we have greater clarity on the entire potential and believe our service is well-positioned to succeed, we’ll think about going forward.”

Cardano’s Metaverse & Kevin Hart Tease A Brand New Collab

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The Cardano ecosystem is teeming with a lot of interesting activities. The latest of which is a celebrity collaboration in its metaverse project. Announcing the same via Twitter, Virtua has joined hands with American comedian and actor Kevin Hart to build metaverse on the platform.

“We’re really excited to be working with the main man himself, Kevin Hart to bring his metaverse vision to life,” the tweet read. Adding a gif of one of Hart’s iconic memes, “It’s About To Go Down!”

While the specifics had not been shared at the time of this post, Hart too confirmed the announcement.

Prior to this, the star comic partnered with virtual entertainment firm Virtua and web3 platform Moonwalk to launch “Confessions From the Hart” NFTs on his 43rd birthday.

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Cardano's Metaverse & Kevin Hart Tease A Brand New Collab 13

With the latest collaboration, Kevin Hart has joined the ranks of other American celebrities, like Martin Lawrence and Snoop Dogg, who have also launched NFTs on Cardano.

Earlier in April, Snoop Dogg and Cardano founder Charles Hoskinson met in an epic Twitter space to discuss music and NFTs.

Later, one of its native NFT projects Clay Nation launched its official collaboration with Snoop Dogg and Champ Medici, thus bringing iconic clay animations, land pitches, and unlockable music content to Cardano.

Cardano and Terra Virtua- Where It All Began

On April 25, Hoskinson and Jawad Ashraf, Terra Virtua CEO, were in discussions about the duo’s collaboration and future plans. IOHK, its parent firm also put out a reminder by sharing Terra Virtua’s post on Twitter and noting the date of the event.

The Virtua NFT marketplace was the result of a collaboration with Cardano Island serving as a representation of its Metaverse.

Terra Virtua which has been constructing NFT and metaverses since 2018, continues to broaden its reach by incorporating cell gadgets, AR and VR.

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Cardano's Metaverse & Kevin Hart Tease A Brand New Collab 14

Its newly developed NFT market on the Cardano blockchain in an attempt to revamp the house of digital collectibles by means of gamification, discovering new methods to interact with customers and advertise larger sustainability.

Additionally, it has its very own token: Terra Virtua Kolect [TVK]. 

Another Cardano-based Metaverse Cardalonia has recently integrated Adahandle and is set to release the first Play To Earn game trailer. Built on the Cardano network, Cardalonia is powered by the LONIA utility token.

Sandbox and Time partner to create “Time Square” in the metaverse

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Time and Sandbox have joined forces to create “Time Square” in the metaverse, which is modelled after the Times Square neighbourhood in New York.

TIME Square will be built on TIME’s property in The Sandbox as a hub for gathering, art, and commerce, inspired by the aesthetic energy of New York’s Times Square.

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TIME’s president, Keith A. Grossman, made the announcement at the Sandbox event held at NFT.NYC. A chance for architects to create TIME Square was also mentioned in the announcement. TIME is also looking for suggestions from the metaverse community and its devotees in order to find a creative architect who can create a graphic representation of the TIME Square. He further added,

“We are thrilled to now tap into that community as we seek to find the architect to design TIME Square in the metaverse, as we create an immersive experience with The Sandbox.”

Virtual Manhattan, Sandbox to help create the core of Metaverse

According to Time’s president, Grossman, their objective is to develop a location that will serve as the metaverse’s hub. Time is concentrated on building a community on Web3 that will gain from the tremendous 100-year legacy and access TIME has developed since launching TIMEPieces in September 2021.

The owners of TIMEPiece NFTs will also receive exclusive advantages and experiences from TIME Square. For the TIMEPieces community, the website will offer virtual access to discussions, events, screenings of TIME Studios productions, and educational opportunities.

Sebastien Borget, COO and Co-Founder of The Sandbox, said,

“The Sandbox is often viewed as a ‘virtual Manhattan’, a vibrant space alive with culture, entertainment, and brands, where anyone can discover, learn, work, meet new people, play, dance, and find amazing new opportunities.

According to Sebastien Borget, the partnership will make TIMEPieces the beating heart and soul of the digital Manhattan. The location will serve as a meeting point for companies and creators to collaborate.