Don’t have your own account? click below link to register
Crypto Journalist and Editor of guest articles in CoinPedia. I am also handling Outreach & Partnerships Manager. Contact me: [email protected]
Aug 11, 2022
The bear market is in full gear and Bitcoin (BTC) and the alt coins have not been spared from price slashing. With crypto tokens seeing as much as 80% in price cuts, token holders have become quite reserved and liquidity seems to be exiting the markets.
Although prices are low and unstable, Token holders can capitalize on this bear market to buy the dip. This process involves finding valuable crypto projects that are currently trading below their value and purchasing them.
Before purchasing any projects, you would have to conduct proper research and ensure that you are buying into a solid project. The bear market also offers token holders the opportunity to rebalance their portfolios and remove poorly performing projects. This is strongly advised if they hope to profit when the crypto market is on an upward trend.
Three crypto projects set to outperform the bear market are Decentraland (MANA), The Sandbox (SAND), and MetaCryp Network (MTCR). These three projects have shown signs of giving token holders decent returns once market prices stabilize. In addition, the projects provide use cases for crypto users and have solid communities behind them. Here is a summary of these three projects.
Decetraland is a metaverse project with crypto gaming elements built on the Ethereum (ETH) blockchain. In addition, the MANA token uses the ERC-20 token standard.
On Decentraland, users can interact, game, transact, and perform other activities within its metaverse. The Decentraland metaverse is a fully immersive experience that creates a community of players where interaction, commerce, and gaming can occur.
Users do not have to sign up to experience the Decentraland metaverse. The platform is fully decentralized and supports guest mode. Anyone can enjoy this experience without signing up or creating an account. MANA token is used for transactions within the Decentraland ecosystem. It helps users to perform commercial activities like exchanges, trades, and swaps various using MANA as payment.
The Sandbox (SAND) is a virtual world built and designed for crypto users. Users can build, create, buy, sell, and interact on its blockchain-based metaverse. The Sandbox promotes the creation of strong metaverse communities and makes The Sandbox users both creators and consumers.
Furthermore, The Sandbox uses DAOs and NFTs to create a fully open and decentralized metaverse in which users are fully in control of The Sandbox platform. The Sandbox uses a play-to-earn model to keep users incentivized. Users get rewarded for activity and they can perform other social activities within The Sandbox platform and are free to gather and trade assets within The Sandbox metaverse.
The SAND token is used for transactions on The Sandbox platform. It is also the governance token of The Sandbox and allows its holders to vote on and propose changes to The Sandbox project.
Its DAO helps users to take complete ownership of the project by allowing its decentralized community to guide its future. The Sandbox, through its DAO, is empowering users to take charge of the metaverse and create an inclusive environment where they can interact, trade, and play.
MetaCryp Network (MTCR) is a metaverse project that aims to create a safe environment on the blockchain. It is a place where users can play, interact, and become members of fun communities. As a decentralized metaverse, MetaCryp Network will build a safe and inclusive space where all crypto users can feel welcome.
Its metaverse would be a fully immersive 3D virtual world devoid of restrictions or limitations. In addition, MetaCryp Network has a DAO which will allow its decentralized community to control its affairs.
MTCR is the utility token of the MetaCryp Network. It will facilitate transactions and also be used as the governance token. The MTCR token would allow users to buy, sell, and transact within the metaverse. They would also be able to propose valuable changes that will promote the growth of the metaverse.
Decentraland (MANA), The Sandbox (SAND), and MetaCryp Network (MTCR) are all crypto projects showing promise through the bear market. MetaCryp Network is a new cryptocurrency that will bring a breath of fresh air to the saturated crypto market.
For more information on MetaCryp Network (MTCR), visit the following links:
Presale: http://presale.metacryptoken.io/
Website: http://metacryptoken.io/
Telegram: https://t.me/MetaCrypOfficial
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.
Advertisement ×
Advertisement ×
Quick Updates on latest trends in financial services, fintech, digital strategy and more with our industry leading Fintech Channel.
Follow These Accounts For Inspiring Posts And Stories.
Today the global #crypto market witnessed a quick wick down by 3.88% at $1.08T with the total #trading volume dropp… https://t.co/kUxTIkNOvK
