5 Best VR/AR Tokens to Invest in Right Now

Among so many new developments in the crypto market, VR/AR tokens are among the hottest at the moment. Tokens are the currency of exchange for metaverses, digital worlds that replicate reality with the help of gadgets, such as augmented reality glasses. Currently, this is a market that will move around US$1.41 billion in the coming years, with around 19 tokens linked to metaverses alone. As metaverses are becoming increasingly popular, with the entry of large companies into the sector, such as Meta, owner of Instagram and Facebook, and Microsoft, the tendency is for these VR/AR tokens to appreciate in value in a short space of time. That’s why we decided to create content about the 5 best VR/AR tokens to invest in right now, while the market for cryptocurrencies linked to the metaverse is still in its infancy.

Best VR Tokens to Invest in (curl_year)

1. 5th Scape – A project that has already raised US$5 million and promises to create a unique VR ecosystem, integrating the development of software, hardware and content;
2. Decentraland – A pioneer in the metaverse sector, Decentraland was launched in 2017 and its currency, MANA, has a market value of over US$ 800 million.
3. CEEK VR – With a market value of over US$40 million, the CEEK metaverse was launched in 2018 and its CEEK cryptocurrency is on the rise.
4. Somnium Space – Valued at over $ 12 million, Somnium Space is an augmented reality ecosystem where CUBE is the cryptocurrency used, already valued at $28.
5. Metahero – The Metahero project was launched in 2021 and already has a market value of over US$20 million.

What is VR/AR token?

Basically, VR/AR (Virtual Reality/Augmented Reality) tokens are metaverse cryptocurrencies that represent ownership or the right to access experiences, products, or services within the digital ecosystem. These tokens are typically created and distributed using blockchain technology, which allows for secure and transparent verification of ownership and transactions.

Holders of these tokens can use them to access exclusive content, participate in virtual events, buy or sell digital assets within virtual and augmented reality environments, or even invest in projects and companies related to these technologies. With the VR/AR industry continuing to grow, tokens have the potential to play a significant role in the virtual economy, offering new opportunities for creators, developers, and users.

Recently, the virtual reality (VR) and augmented reality (AR) market has attracted the attention of large companies and investors. One of them is Meta, formerly Facebook Inc., which changed its name precisely because the company’s focus is now on the metaverse. Mark Zuckerberg, the company’s CEO and a well-known enthusiast in the sector, has been intensifying his focus on the metaverse, with the development of technologies such as Horizon OS and the cryptocurrency Diem (formerly Libra).

Another company investing in the sector is Nvidia, known for its powerful graphics cards. In 2021, the American company launched NVIDIA Omniverse, a collaborative platform focused on metaverses. The platform allows designers, artists, and professionals to work together to build interactive virtual environments.

Detailed analysis of the best VR tokens

To better understand the market for tokens linked to digital universes, it is necessary to understand in depth how each of the main tokens works, what the project’s ideals are, and what lies behind the future of these ecosystems. This will help investors make better decisions about whether to allocate funds to one or another VR token. That’s why we’ve prepared a detailed guide on each of the best virtual reality tokens on our list. Check out which one is best suited to your investment style and what you can expect when investing in one of these tokens.

5th Scape

The first on our list and with the greatest potential for profit at the moment is the 5th Scape token, 5SCAPE. This is because it is a token that is in the pre-sale phase, that is, the project is raising the amount it needs to get started. Therefore, as it is a project in its initial phase, it has greater growth potential than projects that have been underway for some time.

Using blockchain technology, 5th Scape aims to offer a decentralized ecosystem that allows the creation of personalized virtual worlds, games and applications. The central idea of ​​the project’s creators is, after raising US$15 million, to create:

• Various 3D games aimed at community members.
• A VR headset, based on high technology, that will create a unique experience.
• An ergonomic chair developed exclusively for the 5th Scape universe.
• In addition to a hub for developers offering resources to create new VR experiences.

By purchasing the project’s native AR token, 5SCAPE, users can purchase virtual land, trade digital assets, and participate in the platform’s governance. With a fixed supply of 5.21 billion tokens and operating on the Ethereum blockchain, the plan is to sell all $15 million worth of tokens in 12 rounds.

Compre 5th Scape

Decentralized

Decentraland is a decentralized virtual reality platform where users interact, play, and trade. It was founded in 2017 on the Ethereum network, running on smart contracts. The Decentraland metaverse is characterized by being governed by the Decentraland DAO (Decentralized Autonomous Organization).

With its native token, MANA , users can acquire virtual land, called LAND, which are also tokens, but of the NFT type, a type of property title, unique and non-fungible. Both can be traded and valued as the Decentraland metaverse also increases in value. 

The ecosystem has an active and engaged community and has already established partnerships with major companies such as Samsung and Atari. It is one of the fastest growing virtual reality projects in recent years and has interesting profit potential, despite having been in operation for over 7 years.

CEEK VR

CEEK VR is a virtual reality platform that connects music artists, athletes, and digital content creators directly to their fans in virtual environments. The platform uses technologies such as non-fungible tokens (NFTs), smart contracts, and the Binance Smart Chain (BSC) to provide flexible interactions. With the CEEK token, users can access exclusive content, purchase merchandise, and even purchase tickets to virtual concerts.

Partnerships with Universal Music allow, within the CEEK ecosystem, the streaming of live concerts by major artists such as Lady Gaga, Bon Jovi, U2, Sting and others. In addition, users earn unique rewards, participate in voting, contests, make transactions of virtual goods and much more within the virtual world of CEEK. 

Launched in 2018, CEEK VR became a craze during the pandemic, when people had to stay at home. With the concert offers it started to offer, CEEK’s metaverse became one of the most sought after. As a result, it reached a market value of over US$40 million.

Dream Space

Somnium Space is another Virtual Reality (VR) platform that stands out for its focus on graphic realism and social interactions, seeking to create an experience as close to the real world as possible. Based on the Ethereum and Solana blockchains, Somnium Space offers an open-source environment where users can acquire digital land, homes, buildings, and other valuable assets in a VR multiverse.

To build, users need to acquire the ecosystem’s cryptocurrency, called CUBE, which is used for purchases, payment for metaverse services, and “Karma” rewards. When deciding to buy a plot of land, the user receives an NFT called PARCEL, which represents the plot of land they own and which they can customize according to their creativity.

Additionally, with CUBE, players can also create VR avatars, receiving an AVATAR for each creation. Avatars are unique and can be used on various digital platforms integrated into the Somnium network, generating value for creators.  

Metahero

Metahero is a project that emerged in 2021 and brought a metaverse where people could create ultra-realistic 3D avatars using cutting-edge scanning technology. Thus, users began to create avatars identical to themselves, and also scan other real-world things, such as pets, to upload to the Metahero metaverse. With this, the project team launched its Initial Coin Offering (ICO) in 2021, raising more than $8 million in just a few days, allowing the development and deployment of the network.

The great thing about Metahero is that, using the platform’s native token, HERO, people could pay to use their avatars during games and other applications in various fields, such as virtual reality, games, e-commerce and health. This is one of the projects in which the token continues to appreciate, even years after the project’s launch. In the last month, for example, the token increased by 115.17%. 

Each of the tokens has unique characteristics and aims to offer immersive and engaging experiences to users. With the growing interest and adoption of VR technology, these tokens have great potential for growth and appreciation in the market. It is important to note that, as with any investment, it is essential to conduct in-depth research and understand the risks involved before making any decision. Virtual reality is a constantly evolving field, and these projects are at the forefront of this technological revolution.

How to buy VR/AR tokens?

Virtual reality (VR) and augmented reality (AR) are transforming the way we interact with the digital world. With the growing interest in these technologies, many investors are looking for ways to participate in this growing market. One of the most accessible ways to invest in VR/AR is by purchasing tokens related to these projects. However, since we are talking about a relatively new sector, many people still have doubts about how to buy VR/AR tokens. Therefore, we have prepared a guide that will help you buy your first VR tokens using Binance as an exchange .

Step 1: Create a Binance Account

The first step to purchasing VR/AR tokens is to create an account on Binance. Go to the official Binance website and click on the “Sign Up” button in the top right corner of the page. Enter your email address and accept the terms to proceed. Verify your identity by entering the code sent by Binance to the email address provided.

Step 2: Verify your Identity (KYC)

In order to trade on Binance, you will need to go through the identity verification process, also known as KYC (Know Your Customer). Basically, you just need to submit identification documents, such as a passport or driver’s license, and a proof of residence. Identity verification is a mandatory step to comply with regulations and ensure the platform’s security.

Step 3: Deposit funds into your Binance account

Once your account is verified, you will need to deposit funds in order to purchase VR/AR tokens. Binance offers several deposit options, including popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), as well as traditional payment methods like PIX (instant) and bank transfer (1–2 days).

Step 4: Find and select the VR/AR Token

Binance supports a wide range of tokens, including many related to VR/AR projects. Use the search bar on the Binance homepage to find the specific token you want to buy. For example, to buy the Decentraland token (MANA), simply type ‘MANA’ into the search field. All of the VR/AR tokens on our list can be found in the same way.

Step 5: Make the Token purchase

Once you have selected your desired token, click on it to access the trading page. Choose the appropriate trading pair, usually VR/AR token against a major cryptocurrency such as BTC, ETH, or USDT. Enter the amount you wish to purchase and check the current price. Carefully review your order details before confirming the purchase. Once confirmed, the tokens will be credited to your Binance wallet.

Step 6: Store your tokens securely

After purchasing, it is highly recommended to transfer your tokens to a secure wallet, especially if you plan to hold them long-term. Binance offers its own wallet, Trust Wallet, which is a convenient option. However, for added security, consider using a hardware wallet such as Ledger or Trezor, which stores your tokens offline.

Methodology: How we selected the best VR/AR tokens

Our selection of the best VR/AR tokens is based on comprehensive market research. First, we analyzed the main projects, companies, and startups that are operating in this sector. We searched for information from several reliable sources, including:

• Cryptocurrency listing platforms.
• Websites specializing in cryptocurrency news and analysis.
• Online forums and communities dedicated to VR/AR, such as Reddit and Discord.
• Market reports and studies published by research and consulting companies.

When conducting market research, we look for well-known projects as well as emerging initiatives that may have significant growth potential. After identifying the top VR/AR tokens, the next step is to conduct a fundamental analysis of each project. We look at the experience and expertise of the team members, especially in the VR/AR and blockchain sectors.

We also verified the collaborations and strategic partnerships established by the project with companies, institutions and other relevant actors in the sector. Another point visualized is the viability and potential of the use cases proposed by the project, as well as the market demand for these solutions.

Furthermore, the clarity, realism, and level of progress of the project roadmap, including the established goals and deadlines, are key elements in our choice. The economic model of the AR or VR token, including the utility, supply, burning and distribution mechanisms, also plays a major role in our choice.

Conclusion

Participating in a market with growth potential that moves billions of dollars is what every investor who knows the opportunity is looking for. That is why they should consider VR/AR tokens among the assets to be purchased in the coming years. The growth of the virtual reality market is booming, with large companies such as Microsoft, Apple, and Banco do Brasil entering this new market. If you don’t want to be left out of what could be the next bull market in the cryptocurrency market, then start acquiring your augmented reality tokens right now. 

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