If you're entering the metaverse you'll need some metacash in your metawallet to buy some metastuff. This online virtual universe is being supercharged by crypto and blockchains, which are expanding it rapidly as increasing numbers of users and corporations rush to get involved in what many believe will be the future of digital interaction. Naysayers will be pointed to the mass adoption of cell phones in the 90s, the smartphone-fuelled explosion in social media in the late 2000s, and the mainstream adoption of video calling in the late 2010s and early 2020s as examples of how quickly the digital social environment can change. But what's the currency of this blockchain-based world? What cryptos are monetizing the metaverse, letting users play to earn and buy virtual real estate? There's a lot of choice out there in the early days.
This Spark lists out some metaverse cryptocurrencies with market caps around $100m. These tokens have use-cases designed especially for the metaverse - in many cases for virtual worlds enjoyed exclusively by their own user-base. Therefore, we have excluded tokens from this list that run on protocols solely providing tech and infrastructure for metaverse projects.
Don't take our word for it though - make sure you DYOR thoroughly before committing to any trade, this isn't advice.