2021 was a milestone year for cryptocurrencies. The space saw increased institutional support with leading companies and institutional investors such as J.P.Morgan or Morgan Stanley expressing a favourable stance towards cryptocurrencies and acknowledging their potential for the future.
Over the last months, investors have increasingly turned their attention to the metaverse space, with some projects such as Axie Infinity (AXS), Decentraland (MANA), or Sandbox (SAND) generating up to five-digit returns since last July.
Naturally, such parabolic performances did not go unnoticed to return-hungry investors, attracting more and more investments into the virtual reality space. While aforementioned projects have already delivered lunar returns and are likely to stabilize now, others are still flying under the radar – this article goes over 3 up-and-coming ones!
FIREPIN Token (FRPN)
FIREPIN (FRPN) is another up-and-coming project focusing on metaverse and entertainment.
FRPN aims at creating a community-driven Decentralized Autonomous Organization (DAO) with metaverse integration and featuring an NFT marketplace and a staking platform. FRPN’s mission is to become a foundational currency that will support other metaverse projects.
Additionally, FRPN is planning on integrating several major blockchains – starting with Binance Smart Chain (BSC) and following with Ethereum (ETH), Polygon (MATIC), Avalanche (AVAX), and Solana (SOL). This will enable investors to constantly benefit from optimal gas fees and transaction speed for their trades.
FIREPIN features a reward mechanism, by pooling 2% of every transaction in an airdrop reserve which is then shared equally amongst all FRPN token holders weekly.
FRPN is currently conducting its first presale round, ending on April 15th. Investing in early-stage projects inevitably carries more risk but can in turn generate parabolic returns if the project launch is successful.
FRPN appears as an attractive upcoming project in the metaverse space for any investor with a higher risk appetite.
Samoyedcoin (SAMO)
Samoyedcoin (SAMO) was launched back in 2021 and joined the ever-growing club of friendly dog-themed coins. However, rather than featuring the traditional meme-loved Shiba Inu, SAMO chose a friendly-looking Samoyed as its furry mascot.
SAMO poses itself as an ambassador for the Solana blockchain which rose in popularity over recent months due to its low gas fees and high transaction throughput allowed by Solana’s Proof of History (PoH) validation method.
These characteristics have led some to designate Solana as a serious Ethereum contender in the coming years. SAMO aims at accelerating Solana’s development and its adoption by the wider public.
Back in January 2022, SAMO issued a collection of 5525 algorithmically-generated unique “Samos” NFTs on Solanart.io. They sold out in just about 7 minutes, highlighting the project’s strong community.
SAMO’s friendly features seem to keep attracting new investors and the success of its NFTs could hint at future metaverse developments for investors willing to wait!
Floki Inu (FLOKI)
It seems investors cannot get enough of projects themed after man’s best friend – understandably. Floki Inu (FLOKI) might be a lesser-known project named after Elon Musk’s very own companion – and fictitious Viking character casually – Floki.
Despite looking like just another Shiba meme coin at first glance, FLOKI features a solid roadmap with several ambitious projects with a specific focus on metaverse and virtual reality developments.
FLOKI’s development is centred around 3 main products: (1) an NFT-based Play-to-Earn metaverse called Valhalla; (2) an NFT marketplace called FlokiPlaces; and (3) an online education platform called Floki Inuversity.
FLOKI features additional real-world utility following a partnership with CryptoCart (CC), with FLOKI now being accepted as payment in over 1700 stores. FLOKI is in talks with Curate (XCUR) for a partnership that would expand its utility even further.
FLOKI’s growing recognition and its ambitious P2E Valhalla project follow the likes of Axie Infinity (AXS), making it a promising project for investors looking to get exposure to metaverse developments.
For More Info Plz Visit These Links:
Join Presale: https://presale.firepin.io/login
Website: https://firepin.io/
Twitter: https://twitter.com/FIREPIN_io
TikTok: https://www.tiktok.com/@firepin.io
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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