Battle of the Metaverse Tokens: Axie Infinity (AXS) Vs Chronoly (CRNO) Who Will Win?
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Metaverse is gradually transitioning from another tech buzzword to a reality. With tech giants such as Meta (previously Facebook) and renowned celebrities purchasing virtual properties in the metaverse, it has come to stay.
Cryptocurrency is one of the fundamental foundations of the metaverse. Transactions can be conducted with crypto tokens to speed up the rate of transaction completion among other benefits.
Two tokens have been prominent for metaverse transactions: Axie Infinity (AXS) and Chronoly (CRNO). They are currently locked in a supremacy battle as metaverse’s most influential tokens, which of them will win the battle?
Chronoly: Giving Axie Infinite Token a run for its Money
Chronoly.io (CRNO) is a formidable foe that can give Axie Infinity a good run for its money and usability. It has everything required to position itself as the best metaverse token.
Chronoly is a new but powerful project on the cryptocurrency block. It is the first of its kind in the watch investment business. The platform is designed for crypto investors to invest in special and rare timepieces from legendary watchmakers like Rolex, Richard Mille, and more.
Chronoly mints NFT watches which it later breaks down into smaller fractions for prospective investors to invest in with as little as USD 10. Each minted watch has a corresponding physical version which investors own fractions of, depending on their investment.
Investors who can afford to invest in 100% of a luxury watch’s NFT fractions can redeem and own the physical version of the minted watch. The allure of owning a luxury watch and other incentives are driving the project towards accelerated appreciation.
Cryptocurrency critics and experts believe that the CRNO token will appreciate by 500% during its presale stage and by as much as 2,500% later. They cited the token’s uniqueness and use case as the rationale behind that prediction.
Reports show that it appreciated by 233% over the last one week with further appreciation expected during the summer and beyond.
As the battle line is drawn between these two metaverse tokens, each can claim to be the best for metaverse users, considering their use cases and growth potential.
As the umpire, your decision is final on the winner of this epic supremacy battle over the metaverse.
Axie Infinity: A Unique Native Token for the Metaverse
Axie Infinity (AXS) is the native token of its parent company, the Axie Infinity gaming ecosystem. Members of the ecosystem are allowed to play games with the token. While playing the Ethereum blockchain-based game, they assume the role of Axie, the game’s character.
While playing the play-to-earn (P2E) game, the token’s holders can perform different NFT-based transactions such as buy, ear, exchange, or sell NFTs.
Prospective investors can purchase the AXS token on several cryptocurrency exchanges such as Coinbase, BitForex, Upbit, WazirX, Gemini, Poloniex, OKEx, Digifinex, LBank, and Phemex. It is also available on Binance, Nominex, Gate.io, Huobi Global, FTX, Crypto.com, Kraken, LATOKEN, and Bitfinex.
The Axie Infinity (AXS) token currently trades at USD 20.76 per token with the potential for appreciation as it gains more adoption in the metaverse in the future.
Besides being a metaverse token, Axie Infinity is contemplating creating its marketplace where transactions will be exclusively done with the AXS token. This will further establish its position as a metaverse token to reckon with.
Which of the tokens will you go for? AXS or CRNO?