Decentraland (MANA) And The Sandbox (SAND) Price Predictions Flatline! Could TMS Network (TMSN) Outshine Metaverse Tokens?

| Publish date: 03/22/2023 (Last updated: March 22, 2023 06:09 AM)
Share

The metaverse is a virtual, interconnected universe that combines aspects of social media, gaming, and digital marketplaces, allowing users to interact through avatars in immersive 3D environments. It sounds great on paper, but like 3D televisions, the metaverse seems all style with no substance. Decentraland (MANA) and The Sandbox (SAND) are the two most prominent blockchain metaverses that have flatlined. However, TMS Network (TMSN) is a real-world exchange with more exciting investment products.

 

Decentraland (MANA) – Metaverse Pioneer Slows Down

Decentraland (MANA) is a decentralized, blockchain-based virtual world that allows users to create, own, and monetize content in the form of digital real estate and assets. Powered by the Ethereum blockchain, it utilizes Decentraland (MANA), its native cryptocurrency, for in-world transactions and purchases.

Founded in 2017, Decentraland (MANA) has gained significant attention as a pioneer in the metaverse landscape. The Decentraland (MANA) platform has facilitated the creation of various immersive experiences, such as virtual art galleries, casinos, and games.

Decentraland’s (MANA) governance is decentralized, with a DAO allowing users to propose and vote on policy changes and platform improvements. This fosters community and shared responsibility among Decentraland (MANA) users.

After a massive adoption in the early stages, Decentraland (MANA) seems to have found its level. Growth is slow and sometimes even negative as the novelty of the metaverse wears off. 

 

The Sandbox (SAND) – Virtual Gaming Fun, But Ultimately Not Lucrative Enough

The Sandbox (SAND) was Launched in 2011 as a 2D mobile game. Since then, The Sandbox (SAND) evolved into a 3D blockchain-based platform under Animoca Brands in 2018. The new version offers a voxel-style environment, akin to Minecraft, where The Sandbox (SAND) users can create and share assets using the platform’s tools, such as VoxEdit and Game Maker.

Utilizing the native utility token Sandbox (SAND), an ERC-20 token, players can build and customize their virtual environments using in-game tools like VoxEdit, Game Maker, and the Marketplace. The Sandbox (SAND) users can also create and trade unique non-fungible tokens (NFTs) such as virtual land parcels, characters, and other items.

The Sandbox (SAND) ecosystem comprises LAND (virtual land parcels represented by NFTs), SAND (the native utility token), VoxEdit (a 3D voxel editor for creating NFT assets), Game Maker (a tool for creating and customizing games and experiences), and the Marketplace (a decentralized platform for buying, selling, and trading NFTs).

Overall, The Sandbox (SAND) aims to empower creators and players by offering a decentralized, user-driven platform for digital asset creation, gaming, and social experiences but does not seem to make enough revenue to attract serious investors.

 

TMS Network (TMSN) – Solving Real World Problems With Real Profit Potential

While messing around in the metaverse is fun, it is ultimately something with no value beyond entertainment. It does not solve a problem. Products and services that solve real-world issues are rewarded, which is why TMS Network (TMSN) is gathering investor attention.

The concept behind TMS Network (TMSN) lies in solving current exchange problems traders and investors face daily. By offering solutions to these problems, TMS Network (TMSN) is setting itself up as the go-to exchange in the not-too-distant future.

A major pitfall in exchanges is transparency. In the wake of FTX’s meltdown, the market has become cynical about exchange governance. TMS Network (TMSN) introduces transparency through an automated “step through processing” transaction execution which is fully automated with no human involvement.

By identifying that most exchanges have inadequate risk management systems, TMS Network (TMSN) has built a suite of risk management tools to help users trade safely and make educated trading choices.   

TMS Network (TMSN) has sold out its first presale phase, generating over $500k in liquidity. Investors can now get on board by participating in the second presale phase with TMS Network (TMSN) tokens going at $0.038.

Find out more about the TMS Network (TMSN) presale below: 

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/tmsnetworkio

Discord: https://discord.gg/njA95e7au6

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Share

Related Posts

Lawmakers Want Cryptos Exempt From Securities Laws
It has been an ongoing battle of whether or…
Polkadot-Based Energy Web to Build Decentralized Identity...
As part of its blockchain machine identity layer (BMIL)…
Auto Industry Looking at Blockchain
There are exciting dreams about self-driving vehicles, and other…

Leave a Comment