In 2021, Facebook changed its name to Meta, a nod to the approaching arrival of the Metaverse. While the majority of people remain sceptical about what exactly it is, recognition of the revolutionary technology of the blockchain will no doubt grow this year. Mushe news…
Two of the greatest winners from the inaugural foray into the Metaverse were The Sandbox (SAND) and Axie Infinity (AXS), both of which saw their prices increase by more than 16000%. As the crypto world continues to gain widespread recognition, what will be the next endeavour to reach such heights?
Despite just being in stage 1 of its pre-sale, Mushe Token (XMU) has already shown signs that it could be the next big thing in the crypto space.
The Sandbox (SAND) is a three-dimensional game built on the Ethereum (ETH) blockchain that allows players to explore, acquire land, and construct marketable constructions. Players retain total ownership of any objects acquired in The Sandbox, allowing them to benefit from their purchases. SAND rocketed to success with the announcement of collaborations with a slew of high-profile personalities and companies.
Additionally, they issued an alpha pass that provided exclusive access to the platform. This allowed for a maximum of 5000 people to participate in the game’s multi-week play to earn event during its testing phase. Just a $500 investment in SAND last year could have returned anywhere upwards of $70,000 if you cashed out at the right time.
Axie Infinity (AXS) was one of the first cryptocurrency game ventures to gain widespread interest. Axie Infinity takes inspiration from the tremendously popular Pokemon franchise. It is an open-ended, highly configurable gaming system that allows players to collect a variety of digital creatures in the form of NFTs known as Axies. These may be battled, traded, and even bred throughout the ever-growing AXS ecosystem to earn real-world money.
Axie Infinity (AXS) was selling at only $0.12 on November 6th 2020. Fast forward exactly a year later, and it had skyrocketed to $164.90 which was a phenomenal 137,000% increase. This shows us that you can make incredible amounts of money with just a little investment in cryptocurrency and more importantly, the Metaverse.
Both SAND and AXS have experienced slight pullbacks in recent months which is on trend with the rest of the crypto markets. It is believed that another rally will begin during the summer months but the returns seen by these coins before are unlikely to be seen again. Instead, brand new cryptos offer the best chances for those kinds of gains.
MUSHE (XMU) is a decentralised token that enables peer-to-peer interaction, rewards, and governance. It is built on the Ethereum (ETH) blockchain and plans to migrate to Constellations Hypergraph, a blockchain that collaborates with the United States Department of Defense to process massive amounts of data.
Mushe’s goal is to accelerate the adoption of blockchain technology and to provide a fair playing field for anybody interested in investing in crypto.
The aim is for XMU to be the number one crypto for the future of finance. Mushe argues that the growing distrust of traditional financial institutions, along with the expansion of the digital asset economy, which includes NFTs, GameFi and the Metaverse, has produced an ideal storm for decentralised finance.
XMU has ambitious aspirations for the future of financial management, having launched the Mushe Wallet, Mushe Swap, MusheVerse, and Mushe Chat to expand its ecosystem across all parts of the digital asset market.