3 Hidden Gems Of The Metaverse, UFO Gaming (UFO), Gala Games (GALA) and HUH Token (HUH)
Whatever your opinion is on virtual reality, it seems the momentum of the Metaverse cannot be stopped any time soon. Facebook officially changing its name to Meta has catapulted the idea into the spotlight. A popular trend of the Metaverse is play-to-earn games which is exactly how it sounds, a World where you are rewarded for playing the games you love with in-game tokens that can then be swapped for currency. Leading the mission to the moon is Axie Infinity (AXS), a Pokemon-like trading and battle game that saw its price surge 17,000% in 2021. It looks like 2022 will be another massive year for this space, 3 projects that look set to explode in popularity include; UFO Gaming (UFO), Gala Games (GALA) and HUH Token (HUH).
UFO Gaming (UFO)
UFO Gaming is a fully decentralised gaming platform that aims to bridge the gap between the traditional gaming world and the blockchain. Each game released on the platform will have its own planet in the World the Dark Metaverse where players can compete against each other and be rewarded in the native token UFO. The project takes a DAO approach to its concept, this means that all decisions made on future games and NFTs are decided collectively by the community. Their whitepaper suggests that users will be able to use their NFTs as weapons and characters across the different World’s launched as well as being able to buy and sell them in a fully-fledged NFT Marketplace. Currently trading at a price of $0.000013, the coin is up 36% over the last week & would do a respectable 10x on your investment if it were to reach a similar level market cap of Axie Infinity (AXS)
Gala Games (GALA)
Gala Games (GALA) saw exponential growth in 2021 rising by over 29000%. However, there’s still plenty more room to grow. Gala Games is a blockchain gaming platform that aims to host a vast range of games for its users. This is a similar concept to the popular online gaming platform that you may be more familiar with, Steam. In 2020 Steam had 120 million active players on its system. As crypto gaming becomes more mainstream and players see the benefits of actually being able to earn money whilst gaming, it can only mean one thing for the usage and popularity of Gala. Currently, only one game has launched on the space, a farming simulator called Townstar which allows its users to purchase in house NFTs that can be placed on their respective farms, as they complete tasks the player is rewarded with TOWN coin which can be then swapped back to their respective currency. (GALA) is trading at $0.18 at the time of writing, 77% down from its all-time high, as the year continues everything looks set for it to reach those highs again and go even further.
HUH Token (HUH)
HUH Token (HUH) looks set for a massive 2022. Known as the World’s first utimeme token, which means that it mixes the social impact of a meme coin with the real-life utility of a more traditional coin. After launching in December 2021, the tokens price went through the roof, rising in value by more than 3000%. Following the trend of the crypto space in general the token fell in price in early January before launching a successful influencer campaign which has seen the token back in the green. As the year unfolds HUH’s roadmap indicates that a brand-new social media platform known as the MetaHUH will be launched as well as an NFT Marketplace and a play to earn game. The future looks bright for HUH.
If crypto gaming and the Metaverse is the way you’re looking to invest in 2022 then certainly keep an eye on these hidden gems as well as the already established giants in the space. Cryptocurrencies can be very volatile and you should do your own research before investing in any project. This article is intended for educational purposes and shouldn’t be taken as financial advice.
Find Out More Here:
Buy On HUH Website- https://swap.huh.social/
Buy On PancakeSwap: https://pancakeswap.finance/
Buy On Uniswap: https://app.uniswap.org/#/swap