Buy Decentraland or The Sandbox? Maybe Invest in High Return Alternative RobotEra
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Metaverse technology could transform many aspects of human life and interaction in the coming decades. According to a recent report by McKinsey, the value added by the metaverse could be as much as $5 trillion by 2030. Although the hype is huge, with the metaverse touted as having the potential to transform our work and social lives, as well as our consumption of goods and entertainment, including gaming, there are concerns that the adoption of metaverse technology might place too much power in the hands of too few.
For example, Facebook transitioned to become Meta Platforms in 2021 and announced that its main focus would now be on building a widely usable metaverse. However, this would be a centrally controlled metaverse, in which Facebook developers and executives would wield ultimate power. Hence, there has been massive interest in whether there could be a decentralized metaverse alternative.
And there have already been a few early success stories. Decentraland and The Sandbox, both decentralized metaverse protocols, achieved notoriety in 2021 and 2022 amid massive spikes in the prices of their respective MANA and SAND tokens. However, according to DappRadar, Decentraland only had 5.5k unique active wallets interacting with its smart contracts in the last 30 days.
Over the same time period, The Sandbox only had 7.4k unique wallet interactions. Its thus safe to say that neither metaverse has managed to attract a mainstream audience. However, a new project, which takes a more playful approach to the decentralized metaverse, has arrived to rekindle excitement in the niche.
RobotEra – The Next Evolution of the Decentralized Metaverse
RobotEra is a soon-to-be-launched robot/space-themed gaming metaverse that plans to incorporate a mixture of play-to-earn and player-versus-player games within its interactive world. Observers think RobotEra has the potential to become a viral metaverse sensation, owing to its exciting and unique gameplay that its developers hope to achieve.
Players will be able to create a robot non-fungible token (NFT) through which they will interact with the sci-fi-themed RobotEra metaverse. Using TARO, the cryptocurrency that will function as RobotEra’s native currency, users will be able to buy and sell land within the metaverse, as well as a host of other in-game NFTs, such as NFT robots and items.
Players will be able to develop and build on their land, with RobotEra planning to incorporate an element of play/build-to-earn into the metaverse, where users can essentially mine TARO. Players wishing to build the RobotEra metaverses won’t need coding skills, all they will need to do is master RobotEra’s simple in-game building tools.
RobotEra players will be able to build and compete in games, which RobotEra says will offer players another avenue to earn TARO. RobotEra envisages that, as with other established crypto metaverse players such as Decentraland, “real world” businesses and brands will eventually be attracted to RobotEra’s metaverse. They will be able to purchase and develop land in order to promote their business.
Meanwhile, RobotEra will offer creators and artists a new way to interact with fans. They will be able to create and distribute real digital assets which will be tradeable within the game to fans. RobotEra also envisages that various groups and communities will migrate to its metaverse, with the platform offering an excellent space for communities to gather.
An added benefit to owning TARO is that it also functions as RobotEra’s governance token, with its holders able to vote on the project’s development. The currency is issued on the Ethereum blockchain as an ERC-20 token with a maximum supply of 1.8 billion, a low supply in comparison to many other similar crypto projects.
How Investors Can Benefit
Ahead of its launch, RobotEra is conducting a presale of its TARO token, with just shy of $700,000 having already been raised. Tokens are currently being sold for $0.02, but that price will soon rise to $0.025, so interested investors should get in quickly. RobotEra also plans to begin sales of NFT robots that players can use within its metaverse soon. Investors who have already bagged themselves some TARO should stay tuned.
RobotEra’s TARO token was ranked as Cryptonews.com’s fourth-best pick out of the best 16 best presale tokens to invest in this year. Plenty of prominent cryptocurrency investors and influencers are interested in the token. To learn a little more about TARO and RobotEra, watch the below video by popular crypto educator Jacob Crypto Bury.