Similar to a traditional IPO, an ICO (Initial Coin Offering) is the first time a crypto project obtains value on the public markets through the selling of its coin in exchange for capital. An ICO is determined to be extremely risky, and proper due diligence must be conducted prior to investing in it. With this being said, ICOs have the potential for extremely generous returns, due to their undervalued nature when first hitting the market.
Below, we explore the projects that should be on your radar for 2022. An ICO is priced according to the initial value it will bring to the market, interpreted by financial experts who review comparable currencies.
Things such as overall appeal, current investors, endorsements, blockchain advancements, sustainability, and the impact that it may have on generating buzz around the industry are taken into account.
1. Game Inside The Future of the Metaverse with IBAT
Battle Infinity (IBAT) is the top project that you should have on your watchlist for 2022. Battle Infinity will integrate themselves and other platforms with their native currency within the digital landscape environment for P2E games. The cross-platform applications are endless and focus on creating a virtual economic experience that transfers from different gaming environments, remaining consistent.
One of Battle Infinity’s early successes can be viewed within their IBAT premier league. Battle Infinity combines the fun of a fantasy sports league and maintenance within the decentralized environment, allowing users to utilize the blockchain for non-fungible tokens (NFTs). Users construct their best teams within the league and will track the real-world performance of these players, and the pool is then distributed to the winners via the IBAT native currency.
The currency itself can then be used within the metaverse, or even cashed out via the integrated DeFi exchange. For those that are not looking to leave the platform, IBAT offers a staking mechanism against its own coins to provide sustainable yields for players across its platforms, and can also be used as a way to purchase advertisement space in the metaverse.
2. Seamless transfers through VISA (crypto)
Crypto, as we know it, uses the current DeFi and blockchain environment to provide a store of value, mainly for the investment in the currency on popular exchanges. With the Web3 landscape, there has been a lot of pressure on tokens to fully integrate themselves into the metaverse and provide an intrinsic value to their coins that goes beyond the secondary market, utilizing the coins as a means to transaction as well.
VisaMetaFi aims to solve this problem by connecting the financial processes of the real world with Web3, DeFi, the Metaverse, and MetaFi. The visa card allows users to transfer any stable coin to any part of the world, without the need for gas or transaction fees. Furthermore, the MetaFi visa card only produces one fiat to crypto conversion to make the final payment. It has currently partnered with many large merchants such as Wise and Booking.com and is looking to expand its portfolio.
3. Bring your NFT to Life with KKMA
Koakuma is the most anticipated NFT game of the year. Not much is known about it but it can be one of the riskiest, but most rewarding investments. Built on the Binance Smart Chain network, the game currently only offers a demo. The premise is that users will be able to use their NFTs to complete challenges and fight for different rewards, which will primarily be to purchase the KKMA coin – which can be used in both the primary and secondary markets.
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