Cryptocurrency The industry, in addition to being relatively new, has managed to attract the attention of many people due to the rapid profit it provides from time to time. Although people who have not had any investments before do not know exactly which asset to invest in, the ‘highest return on investment (ROI)’ can offer important clues in this regard. In this article, we offer the highest return on investment. metaverse We compiled your projects.
According to new data released by CryptoRank, the metaverse project that provides the highest returns to early investors is the blockchain-based Play to Earn (P2E) metaverse game inspired by Pokémon. Axie Infinity (AXS) was.
With a current ROI of 103.8x, Axie Infinity is the second-ranked virtual environment that allows users to “create, control and monetize their gaming experiences”. The SandboxHe managed to get ahead of the . The return on investment of SAND can now be measured as 85.3 times.
Third place with 25x ROI Decentraland (MANA) stands out as a virtual living platform built on the Ethereum (ETH) blockchain, powered by cryptocurrency and where users can purchase metaverse lands as NFTs. Decentraland, which is very similar to The Sandbox, is among the most popular names in the metaverse industry.
The individual values of these three leading metaverse projects are over $1 billion.
Despite offering less returns than the three projects topping the list, GensoKishi (MV) step.app (FITFI), Bloktopia (BLOK), My Neighbor Alice (ALICE), XANA (XETA), Wilder World (WILD) and Victoria VR (VR).
Metaverse Lands Decline in Value
As Koinfinans.com previously reported, the trading volume of metaverse virtual lands dropped by 98%. The volume in question was just over $8 million in November 2021.
On top of that, it has significantly reduced the profitability of metaverse lands with falling profits in the second quarter, keeping up with the downward pattern that began in January 2020 and continued through 2021 and early 2022.
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Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.