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Metaverse

Why is Decentraland the Metaverse of Choice for Businesses?The metaverse market as a whole has been down for the last 3 months as we plod through this crypto "winter" - though it's worth noting that Decentraland is slowly closing the gap to Sandbox after its surge last year. But one trend in particular here sticks out -- the emergence of Decentral Games ($DG) coin, which is a project that focuses on casino-style gambling games that are playable directly on the metaverse. In a way it's not surprising -- if you've been on Decentraland lately you might have noticed something: the majority of traffic on the platform right now is clustered near two types of locations -- play-to-earn games (Wunderland, etc.) and casinos run by organizations like Decentral Games. DG is a coin that went all-in on Decentraland's future -- it named itself after the platform it built itself on, even. We've heard many well-known companies jumping into the metaverse but Decentraland seems to be metaverse of choice above all others. Why? After looking into the details of the more popular metaverse projects (Decentraland, The Sandbox, Cryptovoxels, Somnium Space...even platforms like Roblox or Meta) the one thing that makes MANA stand out is the fact that it's the most decentralized platform out of all of its competitors, and its governed by its own DAO in a transparent way. governance.decentraland.org While there may be many who might oppose DG on principle (taking an anti-gambling stance), DG coin is, too, run by a DAO as well. decentral.games We may not see the influx of money going into MANA until the next fiscal year, but the fact that the big companies (including JP Morgan who recently opened its "Onyx Lounge" in Decentraland recently) are going there is easily noticeable -- why? Companies that are planning on operating businesses inside the metaverse seek a platform that maintains its neutrality and largely stays out of its way. The other projects are all run by companies or teams with centralized control in the background - for businesses that have done its due-diligence, a truly decentralized platform is the only option that makes any sort of sense. Following the lead of DG, a lot of companies are hoping to create commerce layers on top of Decentraland to drive more traffic to its worlds, long-term. In a way, these trends is a validation of the decentralized model, since it encourages other projects to follow the success of the DAO model as a whole. Projects that are currently centralized may find itself being left behind long-term, as the partnerships and resources required to make Web3 models work migrate towards better (neutral) waters as a whole.
Editors' picks
Long
by RyanTanaka
29
Why is Decentraland the Metaverse of Choice for Businesses?The metaverse market as a whole has been down for the last 3 months as we plod through this crypto "winter" - though it's worth noting that Decentraland is slowly closing the gap to Sandbox after its surge last year. But one trend in particular here sticks out -- the emergence of Decentral Games ($DG) coin, which is a project that focuses on casino-style gambling games that are playable directly on the metaverse. In a way it's not surprising -- if you've been on Decentraland lately you might have noticed something: the majority of traffic on the platform right now is clustered near two types of locations -- play-to-earn games (Wunderland, etc.) and casinos run by organizations like Decentral Games. DG is a coin that went all-in on Decentraland's future -- it named itself after the platform it built itself on, even. We've heard many well-known companies jumping into the metaverse but Decentraland seems to be metaverse of choice above all others. Why? After looking into the details of the more popular metaverse projects (Decentraland, The Sandbox, Cryptovoxels, Somnium Space...even platforms like Roblox or Meta) the one thing that makes MANA stand out is the fact that it's the most decentralized platform out of all of its competitors, and its governed by its own DAO in a transparent way. governance.decentraland.org While there may be many who might oppose DG on principle (taking an anti-gambling stance), DG coin is, too, run by a DAO as well. decentral.games We may not see the influx of money going into MANA until the next fiscal year, but the fact that the big companies (including JP Morgan who recently opened its "Onyx Lounge" in Decentraland recently) are going there is easily noticeable -- why? Companies that are planning on operating businesses inside the metaverse seek a platform that maintains its neutrality and largely stays out of its way. The other projects are all run by companies or teams with centralized control in the background - for businesses that have done its due-diligence, a truly decentralized platform is the only option that makes any sort of sense. Following the lead of DG, a lot of companies are hoping to create commerce layers on top of Decentraland to drive more traffic to its worlds, long-term. In a way, these trends is a validation of the decentralized model, since it encourages other projects to follow the success of the DAO model as a whole. Projects that are currently centralized may find itself being left behind long-term, as the partnerships and resources required to make Web3 models work migrate towards better (neutral) waters as a whole.
Long
by RyanTanaka
Binance Labs Invests in UltiversBinance Labs has increased its investments in the emerging blockchain and crypto companies significantly over the past few months. In December 2021, Binance Labs led Multichain’s $60 million funding round. Frank Ma, the CEO of Ultiverse, said: “We’re excited to grow Ultiverse along with Binance Labs and BNB Chain ecosystem, as we share a common vision of Web3 gaming metaverse. I am confident that Ultiverse will be the proof-of-concept that both Web3 and gamers have been clamoring for. We’ll do this by providing intricate virtual worlds and, more importantly, ways in which these worlds can be interacted with and affected in a truly collaborative way.”
BLong
by lemshtendatan
GMT Green Metaverse Token = Green Candles to 1$ & to the MOON!GMT (Green Metaverse Token) took a fast growing power from his beginning! The project has a big potential! I guess we will see a very huge growing in price and market cap! Our nearest future target is 1$ After reaching that target the GMT could continue it's parabolic move to the MOON! I'm very bullish about it. What are your thoughts, please share in the comments! ----------------------------------------------------------------------------------------------------------------- Please note that this is not a financial advice. Just my personal idea. Do your own research.
Long
by DAVE7UCO
4
Are Bitcoin and the Metaverse the next Bubble?As we are used to, everything around Bitcoin and crypto has a very high emotional volatility, one day everybody loves it but the day after everybody hates it. All these emotions are reflected in the waves, as a representation of the investors' social mood, and at this moment we are in the negative and pessimism phase. This chart shows the connection between the time of all the different waves, and the bullish motive waves got mature around 140 to 150 weeks (the last 2 exactly at 152 weeks) with a decrease in the speed, reflected in the angle. The last wave has an angle of 14 degrees, showing that the mood during this peak was less intense. From then a correction is taking place building strong support around the "1st Long Term Attractor", the 36K area. The chances to see a new low in the short term are there, but the healthy signal for a bullish continuation will be a quick return to the mentioned area, bringing the confidence back. Other tokens, like SANDUSD and MANAUSD are strongly correlated to Bitcoin, for this reason, we expect the bullish momentum will start at the same time.
BITSTAMP:BTCUSD
by TheFinancialForecast
2
Time to get excited?Here's a quick Look at SAND daily chart. As we can see, the price has been forming a bigger descending triangle and a break to the upside could be around the corner! The price is very close to a bigger break to the upside. The best entry would be, when the price breaks above the 3.45$ with good amount of volume . Definitely one to keep an eye on. The market might shift soon, and big gains could be coming our way! ------------------------------------------- The idea is: Buy when the price breaks above 3.45$ and take profits at the levels shown in the chart. Targets: 1. 3.85$ 2. 4.4$ 3. 5.7$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure. 3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
Descentraland MANA starting wave 5 of 5 of 3MANA structure is really nice. To end all of wave 3 (green) MANA needs one more high towards 15 - 20, the region of confluence defined by ext 2,382 green, ext 3,00 blue and ext 2,618 white. Wave 5 of 5 of 3 has itself five waves, of which wave 1 and 2 (white) are done. We shall see very soon a nice upside move in MANA. Once this wave 3 green is complete, a wave 4 will send price back to the same level where it is now. i.e. 2.20
BINANCE:MANAUSDLong
by ulrichniederhausser
IS THE SANDBOX MADE UP OF QUICK SAND? (BUY ZONES!!!) METAVERSEGreetings Investors! Today we consider the trading pair SAND/USDT Alright, Lets begin! Sand has seen impressive price growth since it's listing back in August last year, forming an Ascending Channel that price has continued to respect each time it has been tested. Question is, will it respect it this time? Taking a Look at our RSI, a bottom formation started to form while also creating an accumulation range in price action, and confirming with a second bounce on rsi support before a breakout from the range. Growth was 1537% from above the range. Soon after, Sand will go on to form Resistance for it's current channel (both on price and RSI) marking a top and confirming it with a mini acuumulation in Price and RSI(blue circle), before getting rejected bact to the channel's support, breaking below the 50 level rsi as well as it's trendline and confirming a bottom with multiple bounces in the oversold region. Finding a bottom on wave 2 correction, Price seems to be replicating the same pattern on the RSI and price action after a wave 3 top. Each accumulation range from breakout to top had diminishig returns, hence multiple range forecasts shown depending on if it's time to go down or if we test resistance one more time. ENDGAME: Wait for price to either return to RSI oversold region or Channel support for Buying action. ATR Bands suggest a sharp move is incoming as well. Should the two not sync this time around, do not rule out Fifth Wave Extension Bottom Scenario. If you agree with this idea, Please leave a like & share🙏 as well as your thoughts in the comments section. As always, feedback is appreciated🙏 NOTE: DURATION OF WAVE FORECAST MAY BE INACCURATE!
Short
by RektMyMom
3
GALA at the apex of the bigger Symmetrical triangle Here's a quick look at GALA 12 hr chart. As we can see, the price has printed a bigger symmetrical triangle and we could see a break to either sides soon. Definitely one to keep an eye on. The best entry would be, when the price breaks above the symmetrical triangle (Approx. 0.232$) with good amount of volume . ------------------------------------------- The idea is: Buy when the price breaks above the symmetrical triangle (Approx. 0.232$) and take profits at the levels shown in the chart. Targets: 1. 0.29$ 2. 0.35$ 3. 0.4$ 4. 0.475$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure. 3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
by MBM_Crypto