Metaverse Trend in Gamefi projects. What to look for if you missed the trend half a year ago
In the last year we’ve seen projects rise to all time highs in the GameFi sector. Recent trends have carried between NFT and GameFi projects and even major companies like Facebook seem to be crossing paths with the latest “metaverse” term trending across twitter. Could we see a metaverse crypto take the lead over the once majority “meme coin” market? It’s the perfect time to dive into some market research and Telegram communities to learn more about the up and coming projects.
As an advocate of crypto and GameFi enthusiast I encourage people to always ask, “what is it you’re selling?” If a cryptocurrency or token can’t answer that question they have no value beneath the hype. This is what makes GameFi so much more powerful, because at the end of the day you have a real digital asset that still provides entertainment and collectability. This is what first attracted me to major projects like Sandbox (SAND) which have recently gone viral with personalities like Snoop Dogg building their own house within the metaverse.
Sifting through the smaller metaverse projects has been a challenge over the last month, but twice now I have run into this Meta Hangry Games. One of my colleagues sent this over and the more I dug into it the more serious of an investment opportunity it seemed to be. The tokenomics are well built, setting aside prize pools and distribution to holders. The high tax prevents the short term bots that we see in many of the new communities. Last of all they are backed by what seems to be a major Chinese investor and a group known as Lbank Labs. So I dug deeper to find out the timeline and details on this already bullish find.
In Q2 of 2022 Meta Hangry Games plans on releasing a play-to-earn function which has been known to spike GameFi projects immensely. They are launching their website, social media, and Telegram ahead of their preseason. Finally they are built from a dedicated development team that has no team wallet set aside outside of the developing budget. Of all the cryptocurrencies I have looked through in the last few weeks, this is the only one that checks every box.
It’s not to say that this is the perfect investment but I would also add that I’ve missed out on more opportunities than I’ve lost in projects that didn’t work out. When crypto has the potential to show you 5x and maybe more returns in a month, why wouldn’t you dive into a few brand new projects? This has driven me to make a substantial amount and per discussion in some of the twitter spaces investing chats, many others feel the same way.
I will definitely be following this project over the next year to track what could be one of the largest successes of 2022. I am told there will be a referral system for telegram invites so new investors are encouraged to bring their friends and family. I support this as well seeing that more than 70% of the groups in our recent poll say word of mouth has been their strongest marketing tool.
Stay tuned for further updates and if you have time please follow on social media and share this article with your friends! If you have any other promising gems feel free to tag or DM me with information and I will have a look at the projects that seem promising. Thanks for stopping by and good luck on your research!
Text source: News – CoinQuora – Latest Cryptocurrency and Block
