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Since the metaverse rave in 2021, the phrase "metaverse" has been popping up everywhere—in the news, on social media, and even at the dinner table. Meta (formerly Facebook), one of the biggest tech companies in the world, is banking on the metaverse. Mark Zuckerberg, the CEO of Meta, has invested billions of dollars in metaverse projects. 2 cryptocurrencies with a focus on the metaverse are The Sandbox (SAND), ApeCoin (APE)
What are the metaversion projects?
Sandbox (SAND) is a metaverse game built on Ethereum (ETH) that allows players to purchase virtual plots of land and personalize them with gameplay and activities. Sandbox also features a persistent and shared online map, similar to Microsoft's massively successful Minecraft game, with blocky characters and worlds that mimic the classic game's pixels transformed into 3D.
ApeCoin (APE) is an ERC-20 token that is used as a governance and utility token in the APE ecosystem and plays many functions in the ecosystem. Examples of uses for ApeCoin include allowing holders to participate in the governance of a decentralized autonomous organization (DAO) and access to special elements of the ecosystem such as games, events, products and services. ApeCoin (APE), like other Web 3.0 coins, can be used for payments.
pack
Metaverse is a powerful use of blockchain technology, an idea that has generated a lot of interest around the world.
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