If you’re looking to invest in the best Metaverse stocks, there are many factors that you should consider before making your decision. First and foremost, there’s the company’s market cap and current valuation. These numbers will let you know whether or not the stock is currently overvalued or undervalued and give you an idea of what kind of investment return to expect. Secondly, you should look at the company’s revenue, gross income, and net income numbers.
Metaverse ETP (ETP)
Best Metaverse stocks is an ETP built on a blockchain that supports the cryptocurrency MVT. For starters, it’s got a market cap of just $8 million, giving investors access to one of the top 25 crypto tokens with one of the lowest risk levels. With a supply of 1 billion and 700 million circulating coins, expect massive gains in value as ETP goes mainstream.
The 24-hour volume has been growing exponentially over time and currently stands at more than $6 million. And with only ten exchanges listing the token, this growth trend should continue. But that’s not all: It’s also listed on Binance DEX, which means its future upside potential is even more significant.
Another critical point to consider is the underlying infrastructure supporting ETP–the Ethereum network–which supports over 2200 transactions per second, making it capable of handling up to 50% of all Bitcoin transactions today without breaking a sweat.
Combined with its recent partnership with location-based game Kartrider has propelled its token price over $0.70 in December 2017 from $0.17 at the start of October 2017. It was one of the first significant blockchain projects to release tokens and operate on its blockchain network. The network’s users already bought out 25% of all land parcels available during the crowd sale back in 2015, and there are no plans for any additional ICOs.
While it’s unclear if MANA will eventually become a widely used utility token like Ether or Bitcoin, it’s important to note that it has already proven itself as a viable investment opportunity in this still nascent industry.
ICONOMI has a market cap of approximately USD$93 million. It has the highest return on investment out of all the cryptocurrency assets I found on CoinMarketCap. Its goal is to be an easy, secure and transparent way of investing in crypto assets. Their fees range from 0% (on any purchase) to around 20% (withdrawing from the platform).
They recently announced that they would be adding almost 500 more DAA managers by Q4 2018, which I’m sure will attract some severe investors over time. Overall, ICONOMI’s focus on transparency and ease of use makes it one of the best metaverse stocks available. The following stock I’ll discuss is EOS.
Operating systems run as services instead of programs that run as applications; this means transactions can happen with no fees while still being protected against hacking or data tampering because blocks are validated before consensus is reached across the network’s nodes. As an investor, this appeals to me because they don’t require traditional scaling solutions like blockchains.
Their developers are using other blockchain technologies to address these scalability issues, such as interchain cooperation/communication between side chains, parallel execution across multiple CPU cores or clusters, sharding databases and off-chain computation without sacrificing security guarantees due to serverless architecture.
The TenX is a company aiming to solve one of the biggest problems in the crypto space, lack of liquidity. TenX will issue their debit card, allowing people to spend cryptocurrency anytime, anywhere. The card is paired with a mobile app that converts your crypto holdings into whatever you want at that time, be it U.S. Dollars or Euros or even digital items like movies and games from within the TenX app store.
On top of this, TenX offers a multicurrency wallet that features coin mixing and a rewards system (similar to bank bonuses) that pays back transaction fees in the form of coins – the more you spend on their cards, the more TenX Coins you get, which can then be used for future transactions and converted back into cryptocurrency at any time. In other words, they are trying to make being a cryptocurrency holder accessible and mainstream, making them an excellent long-term buy.
Loopring is a protocol based on smart contracts and blockchain technology that helps people exchange digital assets with one another in the most efficient, secure way possible. It was explicitly designed to tackle the complex process of trading cryptocurrencies and is often called the Uber of crypto exchanges.
Loopring can simultaneously execute multiple orders, which increases the liquidity of an individual’s holdings. This means it can maximize an investor’s opportunity for profit by minimizing risk. Furthermore, Loopring accepts orders outside its system, so it becomes less vulnerable as an exchange goes down.
It has also established partnerships with powerful cryptocurrency trading platforms, including Qtum, Kyber Network, and Bancor. Because of these factors, investors should consider buying Loopring now so they don’t miss out on future gains.