FIFA fever has gripped football fans again. For brands, it’s an opportunity to parade and strengthen their credibility. Crypto projects like Algorand and Crypto.com have also thrown their hats in the ring this time. To the disappointment of the community, the expensive sponsorships haven’t paid off in a market boost, however.
What is to blame – the recent crash, the declining interest in cryptocurrencies, or the lack of substance in the sponsored projects?
Hollow Marketing Can’t Save Crypto
if this year’s drawn-out crypto winter is any evidence, the new-gen investor is immune to shilling. They’re not falling prey to flimsy projects, no matter how compelling the promised returns are. Only projects that have high market relevance, a realistic roadmap, and a competent team will make it in the long run. The sooner the market learns this, the better.
Here are three crypto sectors ranked based on their market relevance and growth potential, along with a few projects that fit the above criteria. Let’s dive in.
Metaverse Play-to-earn Games
Although the crypto industry is obsessed with the metaverse, most crypto-metaverse propositions have little to offer. They turn out to be marketing gimmicks to sell tokens and NFTs. That doesn’t dull the fact that blockchain has the potential to redirect the course of the metaverse through decentralization and community ownership.
The industry needs to penetrate traditional users to unveil its true potential. That needs creativity, innovation, and flexibility. These three metaverse projects give good examples of utility-rich business models that can make the metaverse accessible and inclusive.
If you’re a fan of The Sandbox, chances are you will like RobotEra. Maybe even better. As the name implies, the builder game is set in a futuristic world, Taro, where you are transformed into a robot. You get a continent to yourself in Taro.
Your goal is to turn the new planet livable by participating in activities that interest you – mining, construction, energy collection, and production to name a few. You can also build games on Taro with zero gaming skills. You will find all the resources you need to build the infrastructure on the platform. The thrilling quests in the game reward you with TARO tokens and NFTs.
🚨 ATTENTION 🚨
🚨 ANOTHER MAJOR MILESTONE ACHIEVED 🚨
🔥 $150,000 RAISED 🔥
🤖 DON’T MISS OUT ON THE ROBOTERA PRESALE
💰 1 TARO = 0.020 USDT
— RobotEra (@robotera_io) November 21, 2022
What’s more? The interactive metaverse will host theme parks, museums, and concerts, consistently fuelling engagement. That, in turn, will ensure the sustainable growth of TARO tokens. It is used to purchase in-game assets, reward quest winners, and facilitate the governance system. Going forward, it will also be used to access the events hosted in the metaverse.
Silks Genesis Avatars is one of the most successful NFT collections in 2022. They are ranked among the top Sports NFTs on OpenSea, as they represent your unique identity in the Silks metaverse. The derivative thoroughbred horse-racing game is predicted to kindle the biggest metaverse mania of 2023.
Why? Around 20,000 thoroughbreds are born and trained to compete for over $1,000,000,000 in the US every year. So, you get a hint of their demand and fan base. Silks brings the thrill to the metaverse by tokenizing each new racehorse into a unique digital collectible. The derivative virtual world mirrors the thoroughbred industry by tracking real-world data on the blockchain.
Silks Horses track stats of their real-world counterparts on blockchain
- Every time the real-world counterpart of your Silks Horse wins a race or breeds offspring, you earn rewards.
- You can also earn a share of collective racing rewards by stabling your racehorse on a farm. It goes a long way in reducing the risk of racehorse ownership as well.
- Stock up on Silks Horses and sell them ahead of their first race to cash in on the huge price volatility.
- Develop Silks Land into horse farms that operate as gamified businesses.
The extreme rarity and derivative makeup of Silks Horses make them one of the most coveted NFT collections of this year. You can buy them at the 2022 Genesis Yearling Sale. Make sure you hold a Silks Avatar that hasn’t used the mint pass this year to participate in the sale. Most Silks Avatars have sold out as a result of the huge demand. What is left of the collection is available for minting at 0.25 ETH.
Join Silks on Twitter for the latest updates about the NFT sale.
Calvaria is another play-and-earn project the community is eagerly waiting for. The emerging battle card game comes in both free-to-play and play-and-earn versions, thus opening the industry to traditional gamers. The lower entry barrier defines the project in the crowded market, along with its gripping gaming mechanics.
Calvaria is themed around the metaverse, which is rarely explored in the gaming sector or popular media. Each Calvaria NFT card features vibrant characters with unique sets of traits and powers. Your gaming performance depends on how you devise your battle strategy.
New Calvaria Giveaway! 💰
Calvaria Presents an opportunity to get a $100K worth of $RIA! 😍
Join the competition here and win: https://t.co/b120uwNeje
— Calvaria: Presale is Live! ✨ (@CalvariaP2E) October 25, 2022
The Calvaria gaming ecosystem also comes with:
- A DAO
- An in-gaming store
- A staking platform with multiple pools
- A scholarship system where you can rent your decks, build a team of players, and become a team manager.
$RIA, the native token of the Calvaria ecosystem, is now in the fourth stage of the presale. It offers the cheapest way into the project, as $RIA is predicted to climb 10X-15X on the public launch.
There is a growing number of people who prioritize sustainability over luxury. We are now more aware of the environmental impact of our everyday actions. That said, we can’t become 100% eco-sustainable overnight. It takes time and innovation. But we can support initiatives that do the work for all of us.
Carbon offsetting allows us to compensate for our carbon footprint by contributing to credible environmental initiatives that regenerate the earth. While it’s mandatory for large-scale businesses to offset carbon every year, the market is expanding into the voluntary sector too. It is limited to a few now, however.
Can blockchain meet the rising demands of the carbon market? Projects like IMPT believe so.
IMPT is a new Web3 ecosystem that puts forward some unique solutions to fight global warming and climate change. The first of these is an advanced carbon marketplace, powered by NFTs, that allows you to buy, sell, and retire carbon credits. Tokenization of carbon credits limits the risk of double spending and makes them accessible to all.
The next is a shopping platform where you can earn IMPT tokens when you purchase from environmentally-conscious brands. IMPT has already brought leading global brands onboard on the mission. And the third product is a social platform that tracks your contribution to carbon offsetting. All three platforms are open to individuals and businesses. They are characterized by their gamified structure, which fuels engagement and motivates users to stick to their goals.
Did you know? 🤯
😦 Transportation and housing make up about 60% of the carbon footprint of US households
Together we can change it! ✅
— IMPT.io (@IMPT_token) November 21, 2022
The community has received the project, as revealed by the ongoing IMPT presale, halfway through its second stage. The fast sell-out of the tokens amid the crypto downturn reinstates that visionary projects will always be in demand. IMPT is one of the top crypto launches to keep an eye on this year.
Projects Underpinned by Relevant Utilities
A project backed by relevant utilities will succeed in the long run, regardless of where the market swings from time to time. On the other hand, credible high-cap projects are saturated, despite their market relevance and growth potential.
If you are planning to invest in a crypto project, look deep and start early. Here are two projects that come with relevant use cases and large potential returns.
Dash 2 Trade (D2T)
Dash 2 Trade is a crypto analytics platform dedicated to both seasonal and novice investors. It offers crypto trading signals, predictions, and social analysis to help users make informed decisions. Apart from that, you can use the platform to create and test trading strategies, track the latest crypto news, and extract on-chain data.
Dash 2 Trade dashboard
It empowers you to get focused insights into the metrics that can improve your profitability, instead of confusing you with complex jargon and numbers. And that makes all the difference.
The market needs more projects like Dash 2 Trade to get back on its feet. That explains why investors and prospective users are stocking up on D2T in large numbers now. The presale is closing in on its fourth stage, having raised $6,719,158.08 already. D2T is one of the best new cryptocurrencies to buy in 2022.
🚨 DON´T SLEEP ON THIS🚨
— Dash 2 Trade (@dash2_trade) November 21, 2022
Tamadoge is the meme coin sensation of 2023. The project gave around 20X returns to early investors on the public launch of TAMA tokens.
While meme coins are generally known for their lack of purpose, Tamadoge changes this. It uses the meme coin tag to drive more traction to its vibrant pet NFT play-to-earn metaverse, powered by augmented reality. Both TAMA tokens and Tamadoge Pet NFTs make great investments this year.