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Virtual reality (VR) creates dynamic and interactive simulations of natural or imagined spaces. VR has many applications, such as gaming, entertainment, education, health care, etc. VR also connects with the crypto space, as some projects use blockchain technology to create decentralized platforms that enable users to access, create, and trade VR content and assets. Here, we will delve into the top 3 cryptos in virtual reality space that have the most potential and popularity.
Decentraland (MANA) :The virtual reality coin
Decentraland is a decentralized platform that allows users to create, explore, and trade virtual worlds and experiences. It is made via Ethereum blockchain and utilizes smart contracts to enable users to own and control their land, content, and assets in the virtual world.
Decentraland has a market cap of $1.2 billion, a trading volume of $156 million, and a circulating supply of 1.9 billion MANA. The current price is $0.69. Let’s have a look at the chart for trend analysis:
Decentraland aims to become the leading platform for VR content creation and distribution. It provides:
- A user-friendly interface.
- A wide variety of tools and features.
- A vibrant community of creators and users.
Decentraland also hosts various events, games, art exhibitions, and social activities in its virtual world.
The Sandbox (SAND)
The Sandbox is a decentralized platform that allows users to create, play, and monetize voxel-based games and experiences. Sandbox uses smart contracts to enable users to own and control their land, content, and assets in the virtual reality world.
The Sandbox has a market cap of $1 billion, a trading volume of $201 million, and a circulating supply of 1.5 billion SAND. The current price is $0.69. The price is up by 6% in 1 week. Let’s have a look at the chart for trend analysis:
The Sandbox aims to become the leading platform for Virtual reality gaming and entertainment. It provides a powerful game maker tool, a diverse catalog of games and assets, and a strong partnership network with brands like Atari, The Walking Dead, Smurfs, and more. The Sandbox also supports various NFT standards, such as ERC-721 and ERC-1155.
Enjin Coin (ENJ)
Enjin Coin is a decentralized platform that allows users to create, manage, and digital trade assets for games and Virtual reality applications. Enjin Coin is built on the Ethereum blockchain and uses smart contracts to enable users to mint, store, and transfer their NFTs using the Enjin SDK.
Enjin Coin has a market cap of $440 million, a trading volume of $38.5 million, and a circulating supply of 1 billion tokens. It is currently trading at $0.44. Let’s have a look at the chart for trend analysis:
Enjin Coin aims to become the leading Virtual reality asset creation and management platform. It provides a robust infrastructure, a flexible NFT standard (ERC-1155), and a cross-chain network (Efinity) that supports multiple blockchains. Enjin Coin also powers various VR projects, such as Age of Rust, The Six Dragons, AlterVerse, and more.
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