Altcoin Daily host and crypto trader Austin Arnold is naming the metaverse tokens he believes have the most potential in terms of fundamentals.
The crypto trader tells his 1.13 million YouTube subscribers that he’s looking at peer-to-peer video delivery blockchain Theta Network (THETA), which he says is an essential infrastructure for the development of the metaverse.
“As metaverses and metaverse-based ‘virtual live’ events and gaming continue to grow, Theta is positioned as the key infrastructure to power them across the technology stack. Their high concurrent user count of metaverse live events are a perfect fit for a peer-to-peer video and data delivery and showcase the need for the Theta protocol.”
Next on the list is Gaia Everworld (GAIA), a multi-region fantasy game backed by blockchain scaling solution Polygon (MATIC). According to Arnold, Gaia Everworld is an immersive game where players can explore and build kingdoms. Arnold says GAIA has potential because of its unique technology and strong backing.
“We can see some of the big names backing this project right here – Polygon, AU21 Capital, Bullperks, EnjinStarter…definitely a differentiator. Also a differentiator: the technology. They have Unity 3D, they have the Unreal Engine, and of course, [it’s] built on Polygon.”
Moving on, Arnold turns his attention to Star Atlas (ATLAS), a Solana-based space-themed adventure game featuring non-fungible tokens (NFTs). According to Arnold, ATLAS is on the radar because of its rapidly growing fanbase.
“One of the big reasons I feel Star Atlas is a metaverse to watch is because of how fast the community is growing. The Star Atlas Discord server has just reached 100,000 members. This is a great achievement for the community [and] the team.”
Other metaverse tokens noted for their growing popularity are play-to-earn blockchain-based game Axie Infinity (AXS), and virtual reality platform Decentraland (MANA), which rank numbers one and four, respectively, on the list of top gaming projects with the highest social volumes.
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