3 Surefire Metaverse Cryptocurrencies That Could Make You Richer In 2023

The virtual world is coming of age, and that’s good news for investors

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Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Last Updated January 5th 2023
6 Min Read

Key points:

  • As play-to-earn gaming gains momentum, players will need variety. 
  • The Metaverse needs to be decentralized for it to thrive. 
  • You need the best brains in tech, and money, for the Metaverse to thrive.

The Metaverse is not a new idea, and as far back as 2017, Metaverse cryptocurrencies were being created. However, it is only in 2021 that the Metaverse has moved from a concept into reality on a wide scale. Facebook’s decision to focus more on the Metaverse drove attention around the Metaverse even higher. 

If you have only heard of this buzzword but have no idea what it is, the Metaverse is an immersive digital world where users can work, play, and do pretty much all everyday stuff in a virtual environment. It combines the best elements of emerging technologies like Augmented Reality (AR) and Virtual Reality (VR) with our daily lives in ways we never thought possible before.

With the hype around the Metaverse growing, investors are looking for Metaverse cryptocurrencies that can make them rich quickly. To shorten your search, here are the top 3 sure-fire Metaverse cryptocurrencies that can make you richer in 2023. 

  1. The Sandbox (SAND)
  2. Decentraland (MANA)
  3. Axie Infinity (AXS)

3 Metaverse Cryptocurrencies To Buy In 2023:

Sandbox: Variety Of NFT Games 

Sandbox (SAND) has built a name as one of the best cryptocurrencies in the fast-growing Metaverse space.

Sandbox recorded gains of over 10,000% in the past year, making it one of the best crypto performers in a highly turbulent year.

However, when you consider how fast the Metaverse is growing, there is a good chance that Sandbox is just getting started. It still has room to grow, and has the potential to make you richer in 2023. 

One factor supporting Sandbox’s potential to make investors rich this year is its protocol strengths. Sandbox is designed so that it gets rid of the challenge of locked funds that is quite commonplace in traditional gaming. The Sandbox provides a variety of ways for players to build up their in-game assets and transfer them elsewhere.

Essentially, when playing on the Sandbox, you are having fun and accumulating assets that can be monetized and sold in the open market. You are probably thinking, well, most Metaverse cryptocurrencies have similar capabilities, right? 

That may be true, but most of them are pretty small and are relatively unknown. In essence, as play-to-earn gains traction, most players are likely to gravitate to the better-known platforms, and Sandbox is among the biggest ones. 

It’s the same way that Ethereum and a few other platform blockchains have come to dominate the smart contracts market, despite more efficient players existing down market cap rankings. 

Sandbox has also benefited and is likely to continue benefiting from its wide gaming ecosystem. Part of the reason why Sandbox has grown so fast is that there are options, and that means more fun, and a higher potential to build an NFT portfolio

From Hack the Tao, which allows players to interact with this real-life virtual world and win exclusive items in return for their creativity; to the Walking Dead, the options are pretty limitless.  

The fact that Sandbox is continually adding new NFT games makes it even more attractive to both gamers and investors. If you want a surefire Metaverse cryptocurrency that can make you richer in 2023, Sandbox is most likely it. 

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Decentraland: Adoption By Some Of The World’s Largest Corporations

Decentraland (MANA) is slowly establishing itself as the king of the fast-expanding Metaverse ecosystem. Big money moves are being made on Decentraland that are unrivaled by any other Metaverse cryptocurrency. 

For instance, in November 2021, a piece of virtual land worth $2.4 million was sold in the Decentraland Metaverse. While this was huge, many bigger moves are happening in 2023. Within the second week of January 2023, Samsung, one of the largest corporations in the world, announced that it had created a virtual store on the Decentraland Metaverse. The store called 837X is modelled around the company store in New York. 

The move by Samsung is an eye-opener for other corporations on the benefits they can get, from tapping on the power of the Metaverse. Since Samsung has chosen Decentraland, there is a high probability that Decentraland could be the Metaverse of choice for other top corporations as well. 

Actually, this is already happening, as is evident in the move by the Australian Open to get into the Decentraland Metaverse. The tournament will be held on the Metaverse, with the goal being to drive viewership, now that the Omicron variant of the Coronavirus has created complications around such events. 

With such a fast-growing rate of adoption, there is no doubt that Decentraland is one of the surefire Metaverse cryptocurrencies that can make you richer in 2023. 

However, it’s not just about the fast-growing rate of adoption. Decentraland’s core fundamentals make it one of the highest potential Metaverse cryptocurrencies that can make you rich this year. 

At its core, the Metaverse can only thrive if it is decentralized. Decentraland is one of the cryptocurrencies that understand this well and incorporate it into the protocol governance structure. For this reason, a DAO governs Decentraland, and all MANA holders have a say in how it is governed. This is a factor that could accelerate adoption as the hype around the Metaverse grows. 

Cryptocurrencies carry no guarantees, but the odds are definitely in favour of MANA making investors richer in 2023. 

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Axie Infinity: An Active Developer Team Making Sure P2E Gaming Is A Success

Axie Infinity (AXS) was a big winner in 2021 and closed the year with gains of over 11,000%. Despite these mega-gains, Axie is still a surefire Metaverse cryptocurrency that could make you rich in 2023.

Axie Infinity stands out for its active developer team continuously working to ensure that players have the best experience ever. For instance, in October 2021, the Axie Infinity developer team launched version 2.0 of the game. Some of the improvements of version 2.0 include making free-play entry into the game ecosystem. The developer team also added new lands, thereby enhancing the potential for players to have richer NFT collections. 

With the company behind Axie Infinity well-funded, and the Metaverse space as a whole on a growth trajectory, AXS sure has a high chance of making you richer in 2023. 

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

The Metaverse Could Be A Trillion-Dollar Market

One of the most likely ways that virtual and augmented reality will be used going forward is in gaming. The Metaverse is still in its infancy, but it is shaping up as the key ingredient that could drive the growth of AR/VR in gaming and other industries. The potential is so high that some analysts believe that the Metaverse could be worth $8 trillion by 2030. 

As the Metaverse grows, leading Metaverse cryptocurrencies like the ones above will also grow in value. By extension, these cryptocurrencies could make investors rich, not just in 2023 but for years to come. 

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