To compute the market cap, multiply the total number of mined coins by the current price of a single coin. In the case of cryptocurrency, it’s the total dollar value of all the mined coins. In traditional investment, market capitalization (or simply market cap) is the total dollar value of a company’s outstanding shares of stock. One of the things that investors consider is the asset’s market capitalization. Like any investment, metaverse coins need close study to determine whether you’re making a good investment. These include the blockchains that serve as the foundation of 3D metaverses.

These can also serve as platforms for P2E games.

Much fewer and more complex than other types of metaverse currencies, these virtual realities are worth billions of dollars. The most common and popular type of metaverse crypto, they are also widely available in exchange platforms.Ĭompared to the simpler P2E games, these offer a virtual universe experience. Players engage in games and receive rewards with real-world value. There are three types of metaverse coins in the market. In the case of non-fungible tokens (NFTs), you can use them to verify the ownership of digital assets like artworks or collectibles. Using these coins can also grant you access to VIP features and allow you to compete with other players.įurthermore, you can convert metaverse coins into real money. For one, the currency can represent unique items, like community membership. While some tokens are available for use only within their respective metaverses, others are available on cryptocurrency exchanges like Binance.īut more than an in-game currency, metaverse tokens have value both inside and outside of the metaverse. They can also create and sell products, goods, or services within the platform. Coin holders can pay for anything within the 3D universe, from avatar clothing to real estate. Simply put, metaverse coins are the currency that people use in the metaverse.

The ultimate game coin