The metaverse is a ground-breaking new digital world that anybody may engage in. Metaverses are finally breaking into the mainstream, bolstered by recent endorsements and interest from major technology companies like Facebook, Microsoft, and Disney. This has resulted in a significant increase in an intrinsic value for all projects pursuing the Metaverse vision in the cryptocurrency space, including Sandbox and Decentraland.
According to Binance Academy, a metaverse, in its digital iteration, is a virtual world powered by blockchain technology. In most cases, the metaverse is an online reality powered by decentralized finance (DeFi), in which people exchange value and assets via cryptocurrencies and Non-Fungible Tokens (NFTs). Metaverses provide users with an entirely immersive experience that combines blockchain technology and gamified DeFi mechanics to provide a functional and digital internal economy
Based on the data by Crypto.com, the market capitalization of cryptocurrencies linked to metaverse is roughly $50 billion. Investors, traders, and gamers attempt to make their claim in the metaverse, extolling its possibilities for social interaction, entertainment, and income generation. There are many promising ideas and innovative projects to expand the metaverse world. As a result of these advancements, a rising number of use cases have emerged, including game applications, mining, or farming pools.
Today, all major blockchains and networks have accepted the metaverse and developed their own Web 3.0 version. Metaverse blends NFTs with decentralized finance to create an ecosystem that brings together creators, gamers, and collectors in one place and rewards users for their interaction. Different projects available in the metaverse include digital artworks, virtual real estate properties, advertisements, and gaming.
The IDO space has grown exponentially with the advent of NFTs, Defi, and now the metaverse. As a result, new initiatives are flooding the market. In today’s digital world, finding and investing in the finest ventures that have a long-term future and produce a profit for all investors is critical. One of the few IDO launchpads in the DeFi marketplace that emphasize the best projects with long-term futures is Metaverse Lab.
The Metaverse Lab is the first reflective, deflationary, multi-chain & multi-asset launchpad built for metaverse projects that reward its holders. It is a one-stop launchpad for the best and most professional metaverse projects including NFTs, gaming, real estate, advertisement Space, among others. As an IDO launchpad platform, its main goal for every metaverse project is to cover all the crucial aspects that will create the perfect investment opportunity for everyone.
One best practice of Metaverse Lab is the approval of the highest quality projects. This is why Metaverse Lab has an incubator program that can identify and assist the most promising teams and projects, elevating them to marquee status across their ecosystem of launchpads. Through the incubator program, projects will have access to a legal department that will assist them in establishing the best jurisdiction for their token and project, market tokenomics, designing and developing vesting schedules, and developing a booster plan that includes development support, token contract creation, and marketing network connections.
Metaverse Lab’s core development team is led by skilled developers and members who ensure that the platform functions more smoothly and effectively on the project development side. Additionally, the team is supported by strategic and diverse partners and investors. At Metaverse Lab, security is a priority so it will be audited by Hacken, one of the leading crypto audit firms. To do so, Metaverse Lab will use High-Grade Security to protect against malicious assaults by using the greatest encryption technique available.
As a major player in the DeFi ecosystem, Coinswap Space recognizes the metaverse’s dynamic future. As a result, Metaverse Lab has become one of the company’s launchpad partners. This partnership is expected to provide benefits and opportunities to the platform’s users and holders.
Metaverse Lab NFT will be launched on the Coinswap Space platform and will host an AMA: Ask Me Anything event, allowing every crypto enthusiast from all over the world to interact with the CSS and Metaverse team to experience the growing digital space of metaverse.
Join us and take part in this much-anticipated event. See you, everyone, at the upcoming AMA on January 21, 2022, at 11 a.m. CET. The IDO launch will eventually take place on January 22, 2022
