5 Metaverse Games Coins to Invest in – August 2022 Week 2

The metaverse gaming ecosystem continues to grow in size. In the previous years, the sector was dominated by early projects like Axie Infinity and the Sandbox. However, the massive hack on Axie Infinity earlier this year that drained around $600 million from the project created a gap in the transparency and security offered by these platforms.

The new metaverse games being launched have learnt from the weaknesses of their predecessors, and they have focused on ensuring that they build projects with a solid roadmap. Below are the five metaverse games coins to invest in:

Tamadoge (TAMA)

Tamadoge is a project that combines the best of the meme coin hype and the growing popularity of play-to-earn gaming projects. The Tamadoge P2E gaming ecosystem is under the spotlight, and the beta sale has already gone live. The project has already raised over $1.2 million in beta sale.

TAMA’s beta sale of the presale will run until September 2 2022. The project is also offering a discount of 25% for the presale. Investors appear to rush to buy the token before the discount is removed.

The Tamadoge website describes the project as “the play to earn Dogecoin.” Users participating in the Tamadoge battle app can mint, feed, train, and go into battle with their virtual doge pets tokenized into non-fungible tokens (NFTs). It joins a growing list of crypto games using virtual pet NFT games.

Tamadoge is the first blockchain-based game to use the DOGE meme and provide a low capped supply involving a token burn on transactions done through the Tamadoge store. It makes the meme coin deflationary.

Once the beta sale hard cap of 2 million USDT is realized or after September 2, the price of the beta sale will increase by 25%. The hard cap of the presale is 10 million USDT, and it will end in the fourth quarter of 2022. Listings on Uniswap and LBank have also been scheduled after the presale period ends.

Battle Infinity (IBAT)

The other metaverse games coin to invest in is Battle Infinity. Battle Infinity ended its presale 66 days earlier. The next step for the team is listings on centralized exchanges (CEXs) and decentralized exchanges (DEXs). The Battle Infinity Telegram channel has already confirmed its first listing on PancakeSwap, with more details on this set to be announced on August 10.

After the listing, those who missed out on the presale can now buy IBAT tokens with promising returns. 16,500 BNB was raised during the presale, equivalent to around $5 million.

Battle Infinity is a P2E gaming ecosystem on the Binance Smart Chain. On this platform, gamers can play several sports, including football and cricket, against other players globally. Players will then earn rewards in the form of IBAT tokens.

Battle Infinity’s home country is India, a major hub for crypto and gaming activities. Battle Infinity will also have an in-house NFT marketplace that will allow the exchange of in-game items. Players can also upgrade their NFTs to improve their gaming strategies.

The Sandbox (SAND)

The Sandbox is one of the earliest metaverse gaming projects. The Sandbox is a popular 3D metaverse game created on the Ethereum network. Players in the game can explore, buy land and develop structures that can be monetized. The players wholly own the items acquired within The Sandbox metaverse, and they create revenue opportunities for the players.

The Sandbox’s native token, SAND, has plunged in line with the rest of the cryptocurrency market. However, more gains could come as demand for The Sandbox virtual land grows.

Axie Infinity (AXS)

Despite the hack that occurred earlier this year, Axie Infinity remains a top metaverse coin. The Axie Infinity team has taken the lessons of this hack to bolster its security measures and safeguard user funds.

Axie Infinity’s popularity boomed last year. Axie Infinity is a blockchain-based game where players mint NFTs of monsters called “axies,” train them, and pit them against each other. Players receive rewards in Smooth Love Potion (SLP) tokens.

Gala Games (GALA)

Gala Games is a blockchain gaming ecosystem that plans to create blockchain games that players will want to play. Gala Games provides multiple games to players. Each of the games is built on the Gala Network.

Gama Games’ native token. GALA ranks as one of the best utility tokens. The ERC-20 token can be used within the Gala Games ecosystem as a means of payment. GALA can also be used to buy NFTs from the Gala Shop, control the network, and win prizes.

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