Top 10 Metaverse Coins on Coinbase in 2024

Ready to dive into the Metaverse? The world of virtual reality and blockchain-based assets is booming and it’s no wonder why.

With cryptocurrency being a hot topic in today’s economy, it’s time to explore the Top 10 Metaverse Coins on Coinbase Pro, the trusted and solvent US-based exchange.

From new coins to established favorites, this list has got you covered in identifying the most promising virtual assets to add to your portfolio. Read on to discover the best Metaverse Coins to buy on Coinbase now!

List of Top 10 Metaverse Coins on Coinbase Pro in 2023

Here are the best metaverse coins to buy on coinbase exchange and diversify your cryptocurrency Portfolio:

1. Decentraland (MANA)
2. Sandbox (SAND)
3. Axie Infinity (AXS)
4. ApeCoin (APE)
5. Theta Network (THETA)
6. Enjin Token (ENJ)
7. Illuvium (ILV)
8. WAX (WAXP)
9. Render Token (RNDR)
10. Vulcan Forged PYR (PYR)

1. Decentraland (MANA)

Decentraland is a decentralized platform that allows users to create, experience, and monetize content and applications in a virtual world.

MANA is the native cryptocurrency of Decentraland. It can be used to purchase virtual land and access in-game content and experiences.

Some key features of Decentraland include:

1. Decentralized Ownership: Ownership of virtual assets is controlled by users on the blockchain.
2. Virtual Real Estate: Decentraland offers virtual real estate in the form of LAND, a non-fungible token that represents ownership of a unique parcel of virtual land.
3. Interactive Content: Users can create and publish interactive 3D content and games within Decentraland. This makes it a platform for decentralized gaming and other forms of interactive media.
4. Virtual Economy: Decentraland has a virtual economy that runs on its native token, MANA. This token is used to purchase LAND and other virtual goods.
5. Community Governance: Changes to the platform are decided upon by its users through a decentralized governance model.

Decentraland’s Metaverse coin, MANA, is now available for purchase on Coinbase Pro as a USD trading pair.

2. Sandbox (SAND)

Sandbox (SAND) Metaverse platform is a decentralized virtual world platform that allows users to create, share and monetize their own gaming experiences.

It is built on the Ethereum blockchain, providing a secure and transparent platform for virtual assets and experiences.

Some Key Features of the Sandbox (SAND) Metaverse coin are-

1. Decentralized: The sandbox metaverse operates on a decentralized platform, giving users control over their digital assets and data.
2. Immersive experiences: Users can engage in immersive experiences within the sandbox metaverse, such as virtual worlds and games.
3. Virtual economies: A virtual economy operates within the sandbox metaverse, allowing for the trade and exchange of digital assets.
4. Customizable: Users can customize their experiences in the sandbox metaverse by building and designing their own virtual environments.
5. NFTs: Use can buy NFTs on Opensea, which represents a unique piece of land in the sandbox metaverse.

If you’re looking to buy Sandbox Metaverse coin, SAND, it’s now available on Coinbase Pro.

3. Axie Infinity (AXS)

Axie Infinity is a blockchain-based decentralized platform and game that allows users to breed, raise, and battle creatures called Axies. The platform utilizes the Ethereum blockchain to create a virtual world where users can own and trade Axies, participate in battles, and earn rewards through various activities.

The game also integrates an ecosystem for users to grow their own food and interact with other players in a social and economic way.

It has several key features.

1. Digital ownership: Players own unique digital creatures called Axies. These Axies can be bought, sold, and bred, with ownership secured on the Ethereum blockchain.
2. Battling: Players can engage in battles with other players Axies. The battles are conducted using a turn-based combat system.
3. Breeding: Axies can be bred to produce new offspring with different traits. This allows players to discover new species and build their collections.
4. NFTs: Axies and other in-game items are represented as Non-Fungible Tokens (NFTs). This provides scarcity and uniqueness to each item in the game.
5. Play-to-earn: Players can earn rewards through gameplay such as participating in battles, breeding Axies, and contributing to the game’s ecosystem.
6. Community-driven: Axie Infinity is built as a decentralized autonomous organization (DAO). This gives players a say in the game’s direction and development.

The Axie Infinity Play to earn coin, AXS, can now be acquired on Coinbase using BTC or any fiat trading pair.

4. Apecoin (APE)

ApeCoin is a blockchain-based project influenced by the Bored Ape Yacht Club from Yuga Labs. It was created to function within the APE Ecosystem, which is backed by the APE Foundation.

The aim of the ApeCoin DAO is to construct and maintain the APE Ecosystem in a fair and accessible manner, offering a platform for ApeCoin holders to work together through open, decentralized governance procedures.

ApeCoin is an ERC-20 token serving both as a governance and utility tool within the APE Ecosystem. It empowers and motivates a community of decentralized builders at the cutting edge of web3 technology.

ApeCoin holders control the ApeCoin DAO through decentralized governance procedures and can vote on the utilization of funds in the ApeCoin DAO Ecosystem. Proposals approved by ApeCoin holders are executed by the APE Foundation.

You can now purchase the Apecoin (APE) on Coinbase Pro in a USD trading pair.

5. Theta Network (THETA)

Theta Network is a decentralized video delivery network. It aims to improve the current centralized infrastructure by allowing users to share their unused bandwidth and computing resources.

The key features of Theta Network include:

• Decentralization: The network is decentralized, meaning it is resistant to censorship and there is no single point of failure.
• P2P Video Delivery: The network uses edge nodes to relay video streams to other users, improving the quality and reducing costs for content providers.
• Token Economy: The Theta token is used as an incentive for users to share resources and contribute to the network.
• Scalability: The network is designed to handle a large number of users and streams as more edge nodes join.
• Interoperability: The Theta Network works with existing centralized infrastructure and can be integrated into existing workflows.

Looking to buy a THETA Metaverse coin? You can now do so on Coinbase Now.

6. Enjin Token (ENJ)

Enjin Token (ENJ) is a cryptocurrency platform for creating, managing, and integrating blockchain assets. It was launched in 2017 and has since become one of the largest non-fungible token (NFT) platforms in the world.

Some key features of Enjin Token include:

• Asset Creation: Enjin provides tools for developers to create and manage blockchain-based assets, such as NFTs, virtual goods, and gaming items.
• Gaming Integration: Enjin’s platform is specifically designed for the gaming industry and provides an easy way for game developers to integrate blockchain assets into their games.
• Community Building: It allows users to create and manage communities centered around their blockchain assets, fostering a sense of ownership and engagement.
• Decentralized: Enjin operates on the Ethereum blockchain, providing users with a decentralized and transparent platform for managing their assets.

7. Illuvium (ILV)

Illuvium, a unique open-world game, uses the Ethereum network as its platform. This makes it the first AAA game to run on Ethereum, a milestone in the gaming industry. Illuvium offers a fun experience for players of all skill levels, as well as for die-hard DeFi enthusiasts.

The virtual world of Illuvium is inhabited by creatures called Illuvials. Players can capture these monsters by defeating them in combat and healing them. Once captured, the Illuvials can be added to the player’s collection and used in battles against other players.

Illuvium’s gameplay combines both players-versus-player (PvP) combat and open-world exploration. Players have the choice of exploring the vast game environment or building a collection of powerful creatures.

8. WAX (WAXP)

WAX (WAXP) is a decentralized Metaverse platform that enables anyone to trade virtual assets such as in-game items, collectible items, and other digital assets with trust and ease. It was created to solve the issue of fraud and high fees in the virtual asset trading industry.

To maximize the blockchain’s value for e-commerce, WAX has implemented custom features and incentives. These include a set of blockchain-based tools, which allow for the creation of non-fungible tokens and decentralized application (DApp) marketplaces.

The aim of these bespoke features and incentives is to encourage community engagement and participation, particularly in the voting process for new ideas and proposals.

Those looking to buy the WAX Metaverse coin, WAXP, can now buy on Coinbase with WAX/USD Pair.

9. Render Token (RNDR)

Render Token (RNDR) is a cryptocurrency used on the OTOY platform. OTOY is a cloud-based platform that provides decentralized rendering and other content creation tools for artists and graphic designers.

The platform uses blockchain technology to create a decentralized network of GPUs for rendering and processing 3D graphics and other content. This enables users to access more computing power for their projects and reduces the time it takes to create high-quality graphics.

These graphics can be used in the metaverse for buying in-game assets, making it one of the best metaverse coin on Coinbase Exchange.

The RNDR token is used to incentivize users to contribute computing resources to the network and to pay for access to those resources. It can also be used to pay for other services provided by the OTOY platform, such as cloud storage or software applications.

10. Vulcan Forged PYR

Vulcan Forged is a leading firm in the development of blockchain-based games and the operation of an NFT marketplace. They are the masterminds behind VulcanVerse and have established a significant presence in the NFT sector with over a dozen games and a vibrant community of over 20,000 users.

Their NFT marketplace is one of the most actively traded, rankings among the top 5 in volume.

The PYR token was designed to serve the varying requirements across Vulcan Forged’s diverse games and offerings. If you want to learn more about the terms used in their games, including the highly anticipated VulcanVerse, visit their social media platforms.

How do I buy metaverse crypto on Coinbase?

Here are the general steps to buy metaverse coins on Coinbase:

1. Sign up for a Coinbase account: Go to the Coinbase website and create an account. Provide your personal information and complete the verification process.
2. Add payment method: You will need to add a payment method such as a credit card or bank account. This will be used to purchase metaverse coins.
3. Find the metaverse coin: Go to the Coinbase trading page and find the metaverse coin you want to purchase. If Coinbase doesn’t support the metaverse coin you’re looking for, you’ll need to find another exchange that does.
4. Place an order: Choose the amount of metaverse coins you want to buy and place an order. You can buy using a market order or a limit order. A market order will buy the metaverse coins at the current market price, while a limit order will only buy the coins when the price reaches a specified level.
5. Confirm and complete the transaction: Review your order and confirm it. The coins will be added to your Coinbase wallet once the transaction is complete.

What do Metaverse Coins mean?

Metaverse coins are cryptocurrencies that are used as the native currency within a virtual reality or augmented reality environment, also known as Metaverse.

They are designed to be used as a means of exchange for goods, services, and digital assets within these virtual worlds.

They can be used to buy virtual real estate, in-game items, and other virtual assets. Some well-known examples of metaverse coins on Coinbase include Enjin Coin (ENJ), Decentraland (MANA), and Axie Infinity (AXS).

What is Coinbase Exchange?

Coinbase is a cryptocurrency exchange and digital asset wallet provider based in the United States. It was founded in 2012 and has since grown to become one of the largest and most popular cryptocurrency exchanges in the world.

On Coinbase Pro, users can buy, sell, and store a variety of cryptocurrencies including Bitcoin, Ethereum, and others. The exchange offers a user-friendly platform that is designed for both beginner and experienced traders.

In addition to its exchange services, Coinbase also offers a range of other products such as a wallet to store digital assets, an educational platform to learn about cryptocurrency and a suite of tools for institutional investors.

How to Decide the best Metaverse Coins on Coinbase?

There are several factors to consider when deciding which metaverse coins to buy on Coinbase in 2023:

1. Project fundamentals: It’s important to consider the overall strength of the metaverse project and its potential for growth. This includes factors such as its use case, adoption, partnerships, and overall ecosystem.
2. Market performance: The market performance of the metaverse coin, such as its price history and market capitalization, can provide insights into its overall demand and future potential.
3. Regulation: Keep in mind the regulatory landscape of metaverse coins, as well as the current regulatory stance of the country or region you are in.
4. Technology: Consider the technology behind the metaverse coin, including its scalability, security, and overall potential for innovation.
5. Competitors: Understanding the competition in the metaverse space can help you determine which projects have the most potential for long-term growth.
6. Community and developer support: A strong and active community and developer base can indicate the overall health and potential of a metaverse project.
7. Liquidity: Ensure that the metaverse coin you are considering is easily tradable and has high liquidity, as this can impact your ability to buy and sell the coin.

Conclusion

In conclusion, Coinbase has a variety of metaverse coins that have shown potential for growth and value in the future. Some of the best options include Enjin Coin, Decentraland, and Axie Infinity.

While it is always important to do your own research and consider your own investment goals, these coins offer unique features and benefits that could make them attractive choices for those looking to invest in the metaverse space.

As with any investment, it’s crucial to keep a close eye on market developments and to understand the risks involved.

Nevertheless, the potential for growth in this exciting and rapidly evolving sector makes metaverse coins on Coinbase worth considering for your investment portfolio.

FAQs