This Top Metaverse Project Has Investors Excited – The Next 20x Crypto?

Simon Chandler
Last updated: | 3 min read

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

RobotEra has now sold more than 4.3 million TARO in its ongoing presale, which launched only a week ago. The Ethereum-based platform is developing a Sandbox-style Metaverse, where players can participate in the creation of NFT-based land, structures, and in-game items, while also creating new metaverses and linking up with other NFT communities.

The speedy progress of RobotEra’s token sale raises high hopes for the platform and its native token, which could potentially post some significant gains once it lists on exchanges around the end of the year. And with VC backing from LBANK Labs already secured, it won’t be long before it begins confirming listings.

This Top Metaverse Project Has Investors Excited – The Next 20x Crypto?

Under development since the start of 2022, the alpha version of RobotEra’s hotly awaited Metaverse is scheduled to go live by the end of the first quarter of 2023. This gives the platform another couple of months to finish its presale, which will take place in three stages.

Early investors can participate in this sale by visiting the RobotEra website. From there, they simply need to log into their Wallet Connect or MetaMask crypto wallets and purchase TARO using either ETH or USDT. 

Given that the sale remains in its first stage, it has set a price of 1 TARO at 0.02 USDT. However, this will increase to 0.025 USDT during stage two, and then to 0.032 USDT during stage three, meaning that the price of TARO will have jumped by 60%, even before exchange listings.

Each of the sale’s three stages will sell 90 million TARO sold apiece, with a combined total of 270 million TARO accounting for 15% of its total maximum supply of 1.5 billion. By contrast, the largest shares will go to RobotEra’s DAO-based treasury (33%), and to the play-to-earn rewards, it will set aside for its players (25%).

The RobotEra Metaverse

The big reason why RobotEra has been able to sell over 4.3 million TARO so quickly is that it has outlined a very exciting ecosystem with some interesting gameplay features. Namely, its Metaverse will enable gamers to play as robots, which will be tasked with managing their own NFT-based land and creating the different elements of RobotEra’s virtual world. 

RobotEra will let players acquire digital resources from the game world, create new robots, pursue various quests, and also participate in such events as virtual concerts. The game will also reward them in TARO as they play, in that pretty much all in-game items will be tradable.

According to its whitepaper, RobotEra will also enable players to build “a new metaverse with other NFT communities” while also letting them incorporate “NFTs from other communities.” This means its ecosystem and platform will ultimately allow for an interoperable multiverse where NFTs from multiple platforms can be traded interchangeably.

RobotEra’s team expects the presale to close by the end of this year, at which point D2T will list on exchanges. Seeing as how it has already received funding from LBANK Labs (possibly equal to 2% of TARO’s total supply of 1.8 billion), there must be a very good chance that LBANK Exchange will be among the first trading platforms to list it.

In terms of TARO’s utility, it can be used by players to trade in-game assets and items, while a staking feature will eventually enable holders to earn more TARO simply by locking it up. 

In other words, TARO has a fundamental use case. As such, it should experience rising demand and a rising price over time, assuming that RobotEra becomes a successful and popular play-to-earn gaming platform.

This will be no mean feat, given that blockchain-based gaming is already dominated by platforms such as The Sandbox, Decentraland, and Axie Infinity. However, with decent fundamentals and a clear roadmap, RobotEra has every chance of establishing a real presence within the cryptocurrency ecosystem.

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