Metaverse is a concept that has its origins prior to blockchain technology. The phenomenon of Metaverse refers to virtual worlds where users can interact with each other and connect to online applications more extensively. See What is Metaverse? for details. We can explain metaverse coins and metaverse tokens as coins and tokens used in metaverse projects.

Metaverse history

Let’s mention that the word metaverse  was first used by author Neal Stephenson in his 1992 novel  Snow Crash  . Then  , books and movies such as Ready Player One  and  The Matrix  made the concept of metaverse known. For those who are curious, see our Metaverse Movies content.

Multiplayer online role-playing games (MMORPGs) such as Ultima Online  ,  Knight Online ,  World of Warcraft  are seen as the first metaverse games. These games have long spawned virtual worlds where users can interact with each other. In time, we can say that the developments in virtual reality, augmented reality and blockchain technologies have placed the concept of metaverse at the center of predictions about the future.

What Is This Metaverse?

For some, WEB3 is seen, while for others it is seen as a new world. With the Facebook group of companies changing its name to Meta at the end of 2021 and increasing its metaverse investments, the word Metaverse entered our lives.

As Metaverse Planet, we define the concept of Metaverse simply as virtual worlds. However, these virtual worlds allow people to interact with each other and with various services online. In this respect, we can think of the metaverse as a virtual alternative to the real world. With the development of Metaverse projects, Metaverse coins  and  Metaverse tokens  began to enter our lives.

So What is Metaverse Planet?

Metaverse Planet is a Metaverse Project that has emerged as a result of all the developments, that only includes Metaverse Coins , introduces them and transfers detailed graphics. Metaverse Planat introduces the concept of Metaverse to people, except for the Metaverse Planat coins, which started broadcasting in English and Turkish. You can find all the details about Metaverse for free on our Metaverse Blog and Metaverse News pages.

Blockchain and metaverse

Until the advent of blockchain technology, the concept of the metaverse did not seem like the future. The reason for this is that platforms and games that can be called metaverse could not really give ownership to their users. For example, no player actually owned an item in an online game or the character itself. Blockchain and the NFT technology that followed made ownership possible. On metaverse platforms such as Decentraland (MANA)  and  The Sandbox (SAND) , which are known  today as metaverse coins  ,  users can actually own a virtual land or item, just like today, they can buy and sell land. 

Blockchain technology   emerged with the publication of the Bitcoin (BTC) whitepaper in 2008, but could not find the desired subject for many years. Many other blockchain systems with different functions followed Bitcoin, especially Ethereum (ETH). Bitcoin (BTC) and Ethereum (ETH) are shown as the largest currencies in the market.

While the blockchain world enables decentralization in financial transactions, with the emergence of NFTs, i.e. immutable tokens, virtual ownership has become assignable to real assets. To give an example, theoretically, it has been made easy to virtualize a title deed by turning it into an NFT. These developments have made it easier to create a decentralized finance (DeFi) economy.

It is precisely this decentralization and ownership functions of blockchain technology that led to the belief that the concept of Metaverse will play a serious role in the future of the world. It is an undoubted fact that blockchain technology has created a metaverse economy. In this way, many brands, including Global brands such as Adidas Nike, took their places on metaverse platforms and opened their virtual stores.

What Are Metaverse Coins or Metaverse Tokens?

At this point, Metaverse Planet came into play. We created a vision by including only Metaverse-related coins and tokens.

The Metaverse platforms we mentioned above have created various cryptocurrencies to support these virtual universes they have established. These cryptocurrencies issued by  Metaverse platforms are also called metaverse coins  or  metaverse tokens  . In short , you can think of all of them as currencies, such as EUR, USD.

Metaverse tokens  are currencies that they can use for trading on the relevant platform, especially NFTs that give ownership of items to users. It should also be noted that some metaverse coins  also function as governance tokens. Major Metaverse Coins or Tokens include Decentraland (MANA), The Sandbox (SAND), Axie Infinity (AXS), Enjin Coin (ENJ), Apecoin (APE) and CEEK smart VR Token (CEEK)

CEEK Smart VR Token (CEEK)

Ceek is a metaverse project that connects music artists, athletes and digital product developers directly with their fans. CEEK VR brings users and artists together in a virtual reality world. It provides users with great VR experiences by emphasizing the experiences.

Decentraland (MANA)

Decentraland Coin (MANA) Coin Live Price Hello from our Market Value content, in this content we will process Decentraland Coin (MANA) Coin from Metaverse Coins.MANA is an Ethereum-based virtual reality platform that allows users to create, experience and monetize content and applications. Decentraland is a virtual reality platform powered by the Ethereum blockchain. Users can create, experience, and monetize content and apps. The land in Decentraland is permanently owned by the community, giving them full control over their creations.

The Sandbox (SAND)

Hello from our The Sandbox Coin Live Price, Market Cap content, in this content we are going to process The Sandbox Coin (SAND) from Metaverse Coins. Sandbox is a blockchain-based virtual world that allows users to create, buy and sell digital assets in the form of a game. The project appeared and launched in 2020. The Sandbox team is building a unique virtual world where players can create, own and earn their own gaming experiences using SAND, the platform’s main utility. SAND holders will also be able to participate in the management of the platform through a Decentralized system. All trades in The Sandbox game, which is on the  Metaverse Coins and Metaverse Token list , are traded in the SAND token  , which is an ERC-20 token.is done with.

Axie Infinity (AXS)

Hello from our Axie Infinity Coin (AXS) Live Price, Market Cap content, in this content we will process Axie Infinity Coin from Metaverse Coins. Axie Infinity is a platform created with the motto of “play to win”. In the world of Axie Infinity, players are rewarded and earn income as they contribute to the ecosystem. The project was brought to life by a gaming company called Sky Mavis in Vietnam in 2018. Axie Infinity is a Pokémon-inspired universe where anyone can earn money through skilled gaming and contributions to the ecosystem. Players can fight for their pets, collect, upgrade and build a land-based kingdom. All art assets and Axie genetic data are easily accessible by 3rd parties, allowing community developers to build their own tools and experiences in the Axie Infinity universe. Axie Infinity has two tokens. One of them is in-game Smooth Love Potion (SLP) , which  is the metaverse token  , and the other is the AXS token used in governance. AXS token is among the most valuable  metaverse tokens  .

Enjin Coin (ENJ)

Enjin, which is on the list of metaverse coins and metaverse tokens, is a platform that allows game developers to create and manage virtual goods on the Ethereum (ETH) blockchain. Enjin Coin (ENJ) is the Enjin project’s ERC-20 based but also supports ERC-721 and ERC-1155 smart contracts.

ENJ coin can be considered as a common currency for games and applications using the Enjin platform. Among these games is Azure Heroes powered by Microsoft. In addition, Enjin has developed an application called EnjinCraft for the world’s best-selling game MineCraft.

Is it possible to check the prices of Metaverse Coins on mobile?

Yes,  you can check crypto prices from your mobile device by using MetaversePlanet.net app on Play Store  ,  App Store .