Crypto News Flash: Polygon, STEPN, Tamadoge, and Big Eyes Coin Are Making a Big Impact on the Metaverse

Mckinsey reported that over $120 billion had been invested in Metaverse in the first five months of 2022. They also expect the industry to be worth $5 trillion by 2030. These investments signal the huge potentials the industry holds. As an experienced crypto investor, it is best to enter this market before a massive explosion.

You can start by investing in the main components of the Metaverse ecosystem, which are tokens – crypto tokens and NFTs. Crypto tokens facilitate virtual transactions, while NFTs are the objects used in the Metaverse. In this regard, this piece will reveal top projects that play a major role in the Metaverse. These tokens are Polygon(MATIC), StepN(GMT), Tamadoge(TAMA) and Big Eyes Coin (BIG).

Polygon (MATIC)

Frequent users of the Ethereum network can attest to congestion, slow transaction speeds, and costly gas fees. Polygon (MATIC) was created to tackle these issues on the Ethereum network.

Synonymous with its geometric name, Polygon (MATIC) is a multi-chain network all running on Ethereum to facilitate faster transactions on an interconnected network. Inherently, it is a layer-2 solution.

With Polygon(MATIC), developers can build Ethereum-compatible applications connected to the main network. Therefore, Polygon (MATIC) is similar to protocols such as Avalanche, Cosmos and Polkadot.

Like many other protocols, Polygon (MATIC) has a native token known as MATIC. This token can validate transactions, earn passive rewards and vote changes. Let’s not forget its ability to serve as a means of payment.

StepN(GMT)

StepN(GMT) is the first move-to-earn solution on Metaverse. To use StepN(GMT), users will purchase NFT sneakers which will then be used to participate in fitness activities such as walking, jogging, and running outdoors.

The time you can spend on daily activities depends on the energy level of the sneakers. There are different types of running shoes on the market, with varying specifications and energy levels. So users can buy the desired sneakers and start earning.

On the StepN(GMT) platform, there are two major crypto tokens – Green Satoshi Token(GST) and Green Metaverse Token(GMT). GST is the utility token, while GMT is the governance token.

In addition, GMT is paid to users whose sneakers have reached the level 30 stage. Those optimistic about the future of StepN(GMT) should consider holding GMT as it has limited supply and has significantly outperformed GST.

Tamadoge (TAMA)

As real pets, you buy, train and breed them into adult pets. Tamadoge(TAMA) works in the same way. Tamadoge(TAMA) is an NFT pet in the Tamaverse—Tamadoge(TAMA) metaverse world. As the owner of one or a group of Tamadoge (TAMA) pets, proper breeding is critical to how much you can earn. A well-fed and trained pet can compete in arcades and win prize points for its owners.

With Tamadoge (TAMA) pets like Metaverse NFTs, they will feel just as much as a real pet. When logged into virtual reality, these pets look real. The Tamadoge(TAMA) team takes it further by collaborating with other Metaverse worlds. With these, Tamadoge(TAMA) owners can play with their pets in any virtual world.

Big Eyes Coin (BIG)

Big Eyes Coin (BIG) is a community-centric meme token that plans to contribute heavily to DeFi and Meta. As we all know, many meme coins are attributed to Dogs and Apes, but Big Eyes Coin (BIG) took a different aesthetic.

The cat. Big Eyes Coin (BIG) is not just a cat, but an aesthetically pleasing cat. With its looks, Big Eyes Coin (BIG) should win the NFT beauty contest and the most popular meme coin.

Hype has played a crucial role in the growth of cryptocurrencies and NFTs – sometimes unreal hype. Big Eyes Coin (BIG) intends to be the talk and do the project. It will create a series of events and content that will help people navigate the DeFi space. In addition, the token will also be heavily influenced by the community.

As a true decentralized and common meme coin, we expect Big Eyes Coin (BIG) to grow significantly. Investors can take part in the pre-sale of Big Eyes Coin (BIG) to take advantage of potential returns.

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent Bitcoinists. Bitcoinist does not guarantee the accuracy or timeliness of the information available in such content. Do your research and invest at your own risk.

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