Rarible NFT marketplace, built on [Ethereum](/coins/eth), has introduced its new version, called [Rarible 2](https://rarible.com/). It will feature a Web3 aggregation and an updated reward program for RARI DAO governance.

## Web3 aggregator for NFT listings and prices

The aggregator will exhibit [NFTs](/news/article/non-fungible-tokens) from all the major marketplaces. The newer version can also show prices from different platforms along with its own. This will work for all the Ethereum-based digital art pieces. 

Notable marketplaces that will be part of this aggregator include [OpenSea](https://opensea.io/), [X2Y2](https://x2y2.io/), [Sudoswap](https://sudoswap.xyz/), and LooksRare. This will assist collectors in reviewing the prices on multiple platforms and making the purchasing decision. Moreover, it does not charge any additional fees for aggregated listings.

## Upgrades to Rarible NFT marketplace rewards

Besides the Web3 aggregation, the platform is also changing its rewarding program. The platform's RARI tokens will be used to give new DAO governance incentives to the holders. Now, the Rarible NFT platform will allow users to lock the tokens and earn rewards against them. 

It will give the governance rights of the [RARI Foundation](https://rari.foundation/) to the RARI holders and allow complete decentralisation. Along with that, it will help users to make good profits. Users can also get rewards from buying and listing.

## Competition among major marketplaces

It is not the first instance where a platform has introduced [Web3](/news/article/astar-network-and-sony-launch-partnership) aggregation features. OpenSea and Uniswap also launched a similar feature last year. Now, Rarible2 has also featured it to counter other platforms.

But the unique thing about Rarible2 is that it developed an NFT showcasing model based on the aggregator. In comparison, other marketplaces have some limitations as they use external aggregating tools. 

Its new version is looking to get an edge over other platforms in decentralisation. The dominating digital art markets like OpenSea and MagicEden are often accused of a centralised ecosystem. 

That’s why the RARI Foundation has improved its governance model by giving more authority to the token holders. The co-founder and chief strategy officer, [Alex Salnikov](https://rarible.com/co-founder), also mentioned that “[the users] have a say in Rarible’s future".

As users can participate in the DAO, they will be able to vote for crucial decisions within the ecosystem.



Rarible NFT marketplace upgrades to Rarible 2

Before we look at the Phala price prediction, let's understand the netwrok. The [Phala Network](https://www.phala.network/en/) is a decentralised cloud computing protocol that aspires to compete with traditional cloud computing services like [Google Cloud](https://cloud.google.com/) and [Amazon AWS](https://aws.amazon.com/).

Cloud computing is the operation of large, web-based data repositories that provide computing resources to end users, such as data storage and computing power. Excess capacity from everyday computers can be used with the Phala network, resulting in a more distributed approach to cloud computing and storage.

Phala intends to provide these services via a decentralised, global network of computing resources that can scale for performance while maintaining confidentiality and security.

To accomplish this, the network employs two types of "worker node" participants who allow the network to function:

1.	Gatekeeper nodes: Interactions between network users and interactions with other blockchains are organised by gatekeeper nodes. They also maintain the blockchain state and consensus rules.
2.	Miner nodes: Miner nodes run a CPU network and perform various computation tasks by renting computer power to the network.

The network benefits from using two different types of nodes to divide consensus and computation responsibilities.

The Phala team launched Khala (PHA) on the Kusama network to provide a cloud computing network on its platform. In July 2021, Khala secured the fourth parachain slot auction.

## Who developed Phala?

Phala Network Foundation founded the company in 2018 and is led by former Google Software Engineer Hang Yin and former Tencent Product Manager Marvin Tong.

Since 2019, the company has raised $1.68 million through two rounds of private token sales, resulting in the distribution of 15% of the initial token supply to investors. Three Web3 Foundation grants were also awarded to the project.

In September 2020, the PHA crypto token was released as an Ethereum token. In 2021, it was released as a Kusama token.

## Phala Network's purpose

The prime objective is to create a general-purpose smart contract platform that always protects the security and privacy of its users.

For this, Phala Network promises the following features:

1.	Confidentiality: Contrary to other smart contract blockchains, the platform aims to prevent the disclosure of any entry, exit, or intermediate state of a confidential contract. It only responds to consultations that the contract has approved.
2.	Code reliability: Anyone can confirm that an output was generated by a particular smart contract made public on the blockchain.
3.	State consistency: Anyone can confirm that execution took place at a certain height in the blockchain, suggesting that the execution's outcome depends on the chain's current state.
4.	Availability: There should be no single point of failure, such as the miner being disconnected.
5.	Interoperability: Contracts can communicate with one another as well as with other blockchains.

## How does Phala function?

Phala is being developed as a [Polkadot parachain](/news/article/polkadot-parachain-auctions), or a custom blockchain that feeds into the main [Polkadot](/news/article/polkadot-price-uk) blockchain, known as the Relay Chain. Polkadot's shared security, transaction settlements, and consensus are all handled by the Relay Chain. Phala gains access to Polkadot's core features via integration with the Relay Chain.

Furthermore, Phala believes that as a parachain, it will be quick to connect to the other parachains built in the Polkadot ecosystem. The computations required to ensure transaction validity and network integrity are performed by participants, who send requests to the network as transactions, and miner nodes.

To ensure confidentiality, work on the miner node's CPUs is done within a secure enclave known as a Trusted Execution Environment (TEE). This encrypted area within most modern computer processors ensures that even the mining machine's owner cannot see or tamper with what is stored inside their computer's enclaves.

Phala gatekeeper nodes act as a middleman, establishing end-to-end encryption between users and CPU miners while ensuring transaction privacy. When the data reaches the secure enclave, it is decrypted and executed. The information request's results are then re-encrypted before being sent out of the enclave.

According to Phala, any computation run on the platform is private and versatile across use cases, whether machine learning data for enterprises or smart contract execution for DeFi apps.

Phala, for example, used its technology to develop Web3 Analytics, a platform that collects and securely processes personal data. In that case, confidential smart contracts can only perform data analyses on this data if the users authorise it, giving them complete control over their data.

## PHA: Phala native token

PHA is the Phala Network's native utility token and is used in its cloud-based economy. The PHA token, with a maximum supply of 1 billion, aids in network security and governance mechanism.

PHA allows any participant to purchase computing resources and services, whether an external blockchain in need of resources or an individual looking to store data securely. In turn, those who provide resources to secure the network can be compensated in PHA.

Additionally, PHA is used by gatekeepers and miner nodes, who need to [stake](/news/article/crypto-lending) their PHA to carry out their tasks. [Staking](/news/article/what-is-staking-crypto) guarantees that if they act maliciously, their staked PHA will be slashed as a punishment.

Finally, anyone who purchases PHA can become a stakeholder and participate in the parachain's on-chain governance, which means they can vote on any proposed changes to the Phala network.

## Phala price prediction

Turning to the Phala price prediction, Phala Network (PHA) is currently ranked #443 in the cryptosystem with a price of $0.0838, a circulating supply of $409.25 million, and a total supply of $1 billion. As of today, its market capitalisation is $34.33 million, and its fully diluted market capitalisation is $83.88 million.

![Phala1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Phala1_49e8d2495c.png)
  
The Phala price prediction is that it is expected to reach an average of $0.0886 by the end of 2022, according to [DigitalCoinPrice's](https://digitalcoinprice.com/forecast/phala-network) Phala price prediction. Furthermore, the data show that the price of PHA will reach $0.34 in 2025. The coin is expected to be around $1.17 by 2030. 

Phala Network is a network dedicated to providing advanced private computing services supported by [smart contracts](/news/article/smart-contracts-blockchain) deployed in Polkadot's parachains.

Phala Network is committed to a new security scheme that combines the power of blockchain and its proven robustness with security systems embedded in hardware to provide users with greater privacy.

However, Phala Network is a project still in the works with enormous potential, mainly because of its commitment to private smart contracts, which can significantly impact companies and services focused on security. As a result, it is a project that both users and business services concerned about privacy will be interested in.


Phala Price Prediction

Before exploring the Shiden Network price prediction, we need to understand what Shiden is.

[Shiden](https://shiden.astar.network/) is a [Kusama](https://kusama.network/)-based smart contract platform for decentralised applications (DApps). It was designed to support "layer 2" solutions, secondary frameworks built on top of existing blockchains to improve network scalability and transaction speeds. The network is intended to function as a [parachain](/news/article/polkadot-parachain-auctions) on Kusama.

Parachains are user-created blockchains linked to Kusama's Relay Chain, the network's main blockchain. The Relay Chain handles Kusama's shared security, consensus, and transaction settlements. Parachains benefit from the Relay Chain's base features by being integrated into it.

## Shiden Network: Astar's test network

The project is only the beginning of a much larger project: Astar (formerly known as Plasm). Shiden serves as a "Canarian network" or "test network" for Astar, whose goal is to provide a scalable and decentralised application development platform that defines and makes Web 3.0 a reality.

Astar is a protocol that runs on the [Polkadot](/news/article/polkadot-price-uk) network and incorporates every feature thoroughly tested on the Shiden Network. In essence, we can say that Astar is a superset of Shiden's stable functions, with the platform serving as the space for the protocol's rapid developments.

## How Shiden works

Shiden Network architecture is divided into two layers. The base layer is a layer-1 blockchain built with Parity's Substrate framework's Substrate Runtime Module Library. The second layer is a scaling solution built on the Plasma Group's Optimistic Virtual Machine (OVM) fork.

The OVM module allows developers to customise their scaling design. Projects can use Plasma or rollup types, such as optimistic or zero-knowledge (ZK) rollups, to connect their application layers to Shiden's base layer. The layer-2 solutions store data and regularly commit state transitions on a layer-1 chain.

The base layer built using Substrate is the parachain that connects to the Polkadot Relay Chain. Shiden includes support for Substrates' native WebAssembly VM and an EVM module for smart contracts written in Solidity or Vyper.

Shiden Network also includes an X-VM (Cross Virtual Machine) that aims to make the two VMs on the network interact with one another.

## SDN - The native token

Shiden's native cryptocurrency, SDN, is used for [staking](/news/article/crypto-lending) and rewarding nodes, paying transaction fees, and rewarding DApp operators. It has a critical role in maintaining and operating the Shiden network.

SDN performs the following functions:

1.	DApp Staking: DApp Staking is a scheme that allows users to stake SDN on DApps. DApp staking enables users to earn SDN rewards while also allowing DApp developers to earn rewards that are in proportion to the number of nominations they receive.
2.	Network staking: Token holders can stake SDN on the network and act as network collators (block producers on the chain).
3.	Fees - Users pay for network actions and transactions in SDN.
4.	Layer-2 Development - On Shiden, application developers can connect SDN to their smart contracts to use or create a Layer-2 version of their applications.
5.	On-chain Governance - SDN will be used to facilitate governance activities such as proposal submission and referendum voting.

## Shiden Network price prediction

SDN, which has a $71.39 million total supply and a $30.94 million circulating supply, is currently ranked #758 in the entire cryptosystem with a price of $0.33. Currently, its market capitalisation is $10.15 million, its maximum supply is $70 million, and its total equity market capitalisation is $22.95 million.

![Shiden1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Shiden1_5247cbf6ce.png)
 
According to [DigitalCoinPrice's](https://digitalcoinprice.com/forecast/shiden-network) price prediction, SDN price is expected to reach an average of $0.35 by the end of 2022. Additionally, the data shows that SDN's price will reach $1.35 in 2025. Comparatively, the coin does not appear overly bullish until 2030, when its average value is likely around $4.60.

## Is Shiden a good investment?

Looking at the Shiden Network price prediction, there is no universal consensus on whether future SDN price movements will be positive or negative. Indeed, future potential growth depends on various factors, including announcements, new technological solutions developed by Shiden projects, the crypto environment in general, legal status, and so on. 

## Bottom line

Shiden and its sister network Astar provide a distinct offering within the Kusama/Polkadot ecosystem. Not only for the unique ability to deploy DApps on multiple chains very easily and fully integrated with Substrate technology, but also for the incentive policy for DApp creators, which no other blockchain offers.

Furthermore, the DApps Rewards system is one of the protocol's most notable features. Not only because of the tremendous support it offers DApp developers, but also because of the opportunity it provides users to nominate and place their trust in said DApps while also receiving benefits for such trust.

Shiden is a project currently under development, and its development is closely related to what Kusama can provide for its users.


Shiden Network Price Prediction

[VaynerNFT](https://vayner3.com/) is moving away from solely being an NFT enterprise. In its recent rebranding into Vayner3, the company is ready to expand its horizon, delving into the Metaverse amongst other web3 experiences.

In July 2021, VaynerNFT was created by Gary Vaynerchuk, the chairman of VaynerX - his holding company. The new company's mandate was to assist brands with planning, strategizing, and executing NFT strategies. According to Gary, NFTs will become a "real consumer trend in 2022, and brands will invest heavily in the technology.

NFTs took 2021 by storm, with many companies and individuals investing in the space. [Facebook](/news/article/metaverse-facebook) (which [rebranded to Meta](https://knowledge.insead.edu/marketing/why-facebook-rebranding-itself-meta#:~:text=Mark%20Zuckerberg%2C%20founder%20of%20Facebook,phase%20in%20the%20digital%20world.)), Gucci, [Nike](/news/article/nike-nft-rtfkt), etc., tried positioning themselves ahead of the Metaverse and web3 curve. With most of these companies investing in other Web3 opportunities, VaynerNFT rebranding to Vayner3 is not surprising.

## What to expect from VaynerNFT's transition to Vayner3

So far, VaynerNFT has worked with over two dozen Fortune 500 companies like PepsiCo and Coinbase. However, with its rebrand into Vayner3, the company is ready to offer Web3 solutions to a wider range of global partners.

Vayner3 will now operate as a consultancy and assist brands looking to invest in Web3 experiences like branded metaverses and blockchain integration. According to the Vayner3 rebrand statement, NFT technology "will remain a cornerstone of Web3".

According to a company announcement, Avery Akkineni will continue to be the president of the consultancy.

## Is the NFT bubble over?

The transition to Vayner3 sheds light on the question in the mind of NFT critics. Is the NFT bubble over? Given that Gary, one of the key voices heralding NFT, is rebranding VaynerNFT into a broader Web3 consultancy company.

To answer this, the NFT bubble is not over. A sector like gaming that features the new play-to-earn economy incorporates NFT technology. Furthermore, NFTs will remain core to the Metaverse. 

Conclusively, the company's rebrand helps prevent restricting its offerings to solely NFTs. Now, Vayner3 will explore all the [possibilities of Web3.](/articles/learn-moni/web-3.0-crypto) 
 
 
 



VaynerNFT expands into web3 as it rebrands as Vayner3

Web3 games and Metaverse projects have taken the industry by storm. Some of the games driving the rise of blockchain gaming include Axie Infinity, Splinterlands, Alien Worlds, Crazy Defense Heroes, Sky Mavis, and The Sandbox. Not only have these games enabled players all over the world to make money, but they have also introduced innovative mechanics and partnerships.
 
Similarly, Metaverse projects have piqued people's interest by introducing ingenious ways for users to interact with one another in 3D space.

As per a report released by the data acquisition and analysis company DappRadar, Web3-based games and Metaverse projects have raised $748 million since August 1, 2022. 

Axie Infinity, one of the most popular games in the field, has surpassed $4 billion in all-time NFT sales, with approximately 36,000 new daily players joining in the last three months.

Despite the ongoing market downturn, blockchain-based games continue to garner attention. According to DappRadar, companies in that field and Metaverse projects have raised approximately $748 million since the beginning of August. This is a 135% increase over July but a 16% decrease from June's figures.

Gabriel Leydon, the founder of Machine Zone, made one of the largest investments of $200 million in Web3 games.
Temasek, a Singaporean investment firm, led the latest $100 million funding round for Animoca Brands to increase the company's exposure in the sector. 

Xterio, a cross-platform publisher and developer of high-quality mobile and web3 games secured a $40 million fundraising round. 

Last year, the gaming space raised around $4 billion. This figure has already been surpassed in 2022, with investments totalling around $7 billion. If current trends continue, the figure is expected to reach $10.2 billion by 2022.

## DappRadar July report

At the end of July this year, the firm determined that blockchain games and Metaverse projects appear to be faring much better than other industry segments during the crypto winter. 

According to the report, unique active wallets (UAWs) decreased by 7% in Q2 compared to the previous quarter. This meant that people were still interacting with blockchain decentralised applications at nearly the same rate as before the [Terra collapse](/news/article/terra-luna-collapse).
 
 



Web3 games and Metaverse projects raised $748M

Ripple has partnered with Thallo to create a blockchain-based carbon credit marketplace.

Climate Collective and Thallo have joined forces to create a Web3-based marketplace that will use the [XRP](/news/article/ripple-price-prediction) Ledger to ensure the immutability of information and increase transparency and efficiency.

![ripplr.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/ripplr_0b21900a47.png)

## What is a carbon credit? 

The right to discharge one ton of CO2 or an equivalent amount of other greenhouse gases (tCO2e) into the atmosphere is effectively represented by the term "carbon credit."

The primary goal of establishing these credits is to reduce CO2 and other greenhouse gas emissions from industrial sectors to lessen the consequences of global warming.

Companies that release too much CO2 into the atmosphere have long been compelled to purchase these credits from other businesses that produce energy without releasing harmful carbon emissions into the atmosphere.

## Ripple-Thallo partnership

Thallo hopes to democratise the carbon credit market by enabling direct matching between buyers and sellers.
By facilitating the direct matching between high-quality buyers and sellers, it seeks to address issues with conventional markets, particularly liquidity and price data opacity.

Ripples' XRP Ledger is a decentralised public blockchain already carbon-neutral, and the company's focus is to integrate its protocol as a database tool to expand green energy projects.

In alignment with Ripple's commitment to supporting carbon neutrality in the cryptocurrency industry, Thallo is working to contribute to the market to increase liquidity, scalability, and price accessibility. 

Along with [Ripple](/news/article/xrp-court-case-update), [VenTree Innovations](https://ventreeinnovations.com/), InPlanet, BioFix, and TrendCO2e are the other founding partners of the new platform. The Carbon Business Council and Crypto Climate Accord are signed as the project's integrity partners. [Chainlink](/news/article/chainlink-news), Aklimate, and Celo Foundation are three of the 14 innovation partners of the Thallo.

Climate change issues have been a top concern for leading nations. For the first time in 2021, voluntary carbon credit markets had a total market capitalisation of almost $2 billion and are forecast to rise to $150 billion in the following eight years. Many private businesses and organisations, both large and small, have committed to achieving several notably ambitious climate goals. Carbon credits will be in high demand to support these goals.
 

 
 



Ripple’s partnerships to revolutionise carbon markets

The network's basic principle is to function as an innovative contract platform that provides users with a one-stop hub for redeploying Ethereum Dapps without the need to configure them specifically for this network—built on the [Kusama](https://guide.kusama.network/docs/learn-staking/) blockchain, which serves as Polkadot's Canary network. 

Even though Kusama uses the same code as Polkadot, the network's capabilities are limitless. Kusama has grown into an independent ecosystem with a fully committed community and teams working on incredible web 3.0 projects.

Existing innovative contract platforms support users and assets on a single, specific chain. Moonriver enables developers to shift existing workloads and logic to smart contracts by extending the scope of applications to new users and assets on other chains by providing cross-chain smart contract functionality.

## How Moonriver staking work?
 
•	Users must have [MetaMask](https://metamask.io/) installed

•	Go to [apps. Moonbeam. network/moonriver](https://apps.moonbeam.network/moonriver)

•	Users should connect their MetaMask wallet and switch their network to Moonriver

•	Navigate to 'Manage Delegations'

•	Choose 'Select a collator.'

•	Select a collator and click stake

•	Ensure there is a minimum bond for each collator

## How to choose a collator for Moonriver staking? 

[Users](https://www.stakingrewards.com/earn/moonriver/) must select a collator with a lower total bond amount to optimise their delegation. By choosing a collator with a lower total bond, their delegation amount represents a greater percentage of the total amount [staked](/news/article/what-is-staking-crypto), resulting in a slightly higher reward. The collator list on the staking app is sorted from top to bottom, with the lowest total amount staked at the top and the highest at the bottom. They should be cautious, however, when delegating to the lowest amounts of total stake because they are most likely to be bumped to the waiting pool.

## Important things to note:

•	The total amount staked to the collator is small. Investors want to maximise their share of the rewards, so selecting a collator with a low total stake is advantageous. 

•	In the active set, it should not be too low. Collators on the verge of leaving the active set face greater risk: if another exceeds their total stake amount and leaves the set, all delegators will cease earning rewards. 

•	Rapid block production. Users want a high-performing collator with a higher chance of producing more blocks because rewards are according to the number of blocks produced each round.

•	Reputable. Users should use their assigned identities if they have one. By searching for them on Discord or elsewhere on the internet. Do they offer network infrastructure on other networks? Is there a track record of providing high-quality and validator services?

## How much can users earn from Moonriver staking? 

Users can earn X% on their $MOVR by experimenting with [lending metrics](/news/article/crypto-lending) and predicting earnings under various network conditions. 

## Are there risks to Moonriver staking?  

On the Moonbeam network, there is no risk of slashing. Since Moonbeam does not slash, users will never lose their original delegation amount. If an investor's chosen collator stops producing blocks, there is no reward for the time they are not producing blocks. Furthermore, there is a two-day unbinding period before users can access and transfer their delegated funds.




How Moonriver staking works

According to Wendy Xiao Schadeck, a partner at Northzone, Web3 and web2 will most certainly begin to merge over the lifespan of this fund cycle, she stated in an interview with The Block.

## Crypto VC infrastructure

According to Xiao Schadeck, the venture capital company has the infrastructure to help entrepreneurs through equity investments. As well as token sales and has already participated in [token staking](https://www.theblock.co/post/169381/uk-venture-firm-northzone-eyes-web3-startups-with-new-e1-billion-fund?utm_source=telegram1&utm_medium=social). 

Furthermore, she hinted that, given the appropriate conditions, it might prepare the corporation to invest in a decentralised autonomous organisations [(DAO)](/news/article/nrch-crypto-explained).

Northzone, does not currently have exposure to NFTs, which Schadeck believes may change soon. Schadeck stated that the corporation is examining new investment modalities that align with its goals.
Shadeck also stated that, despite some of the challenges DeFi has faced, she is not discouraged, citing the de-pegging of Terra's UST in May, which hurt portfolio firm Gro, causing it to reconsider its approach to providing yield for customers.

Northzone, on the other hand, will keep a watch on the web3 infrastructure market and DeFi protocols such as Gro, according to Xiao Shadeck.

Northzone was created in 1996 as a generalist investor and has funded a wide range of technology startups, from open banking specialist TrueLayer and buy now pay later juggernaut Klarna to music streaming provider Spotify, who is said to be considering web3.

## Crypto VC fund possibility

Its portfolio firms are DeFi protocol Gro, web3 privacy company Sunscreen, and a startup crypto infrastructure, Magic Labs. Shadeck also told reporters that it is unknown whether Northzone would establish a cryptocurrency fund, as other European venture capital companies such as Aglaé Ventures and Cherry Ventures have done. She claimed that such a strategy would allow the company to engage in trading liquid tokens.

Venture Capital investing is speculative as an asset class and a crypto VC firm focused on innovation may be even higher risk. However, this of course comes with a higher reward.



Crypto VC firm invests in Web3 startups

[Polkadex (PDEX)](https://polkadex.trade/) is a unique Defi project introducing a decentralised crypto exchange. It is developed using Substrate and AMM decentralised exchange models and the centralised order book mechanism. This DEX offers a non-custodial and peer-to-peer order book having a web3 foundation. 

 What makes the project distinctive is its native token, the PDEX coin. It is used for the network’s governance, and also you can stake it to earn profits. In this article, you can learn about what this altcoin is and how its protocol works.
 
## What is a PDEX coin?

It is the native token of the Polkadex trading platform on the [Polkadot](https://polkadot.network/) blockchain. For the network’s governance, this ERC-20 token is used. It allows the members to participate in critical decisions. Also, it will enable participation in IDOs and helps in validation.  

The [PDEX coin price](https://coinmarketcap.com/currencies/polkadex/) is around $1.75, with a total supply of 20 million coins. Since it is an inflationary token, its supply can fluctuate. However, there are only 1,963,860 tokens in circulation.

## How does the PDEX coin protocol work?

It was developed to solve the problem of high transaction fees, scalability, and decentralisation. For this reason, its team developed a platform using a blend of different technologies. 

Like [Polkadot](/news/article/polkadot-price-uk), it also works with the Proof-of-Stake (PoS) mechanism. But it used the technologies like Fluid Switch Protocol (FSP), Automated Market Maker, Substrate, and centralised order book model. These technologies ensure that it not only performs as a token but helps the DEX ecosystem too.

Because of this, they introduced a chain having a slim design that offered a throughput of 500K TPS. Also, it increased the liquidity and introduced feeless transactions on the platform.  

## PDEX coin staking

It allows you to take part in validation and provides incentives. If you hold the PDEX coins, you can stake them to make profits. The Nominated PoS mechanism selects validators for consensus. At the same time, coin holders can participate as nominators who can nominate 16 other validators. The tokens of both parties become collateral, and they can earn incentives on it.   

## Bottom line

PDEX coins are the natives of an innovative project introducing the idea of an efficient Defi DEX. It works on the PoS consensus mechanism and powers the entire ecosystem of Polkadex. It has several use cases like governance, validation, used as trading fees on the exchange, and earns you staking rewards. 



PDEX coin protocol explained 

Polkadot (DOT) is the native cryptocurrency of the Polkadot Network, a blockchain network best described as the blockchain of blockchains. It is one of a few blockchains working to solve many of blockchain’s limitations, which include scalability and security.

## The Polkadot network

Launched in 2020, the Polkadot Network is a blockchain network designed to offer several services in the crypto space. Firstly, it is designed to allow unrelated blockchains to communicate with each other. 

Secondly, it features a tool called Substrate that simplifies the blockchain creation process. It makes it easy for developers to create blockchains. The network also hosts blockchains, handling their security and transactions, and bridges blockchains on it with other networks such as Ethereum and Bitcoin.

The Polkadot Network is a creation of Dr. Gavin Wood, [Ethereum](/news/article/ethereum-news-now) co-founder, responsible for developing Ethereum’s smart contract programming language Solidity. Parity Technologies is the firm behind the development of Polkadot Network.

## DOT token

Polkadot (DOT) is the altcoin or token that powers the Polkadot Network. It has several use cases. It can be used to pay for network fees, governance, and interoperability. Holders of the token can vote on network upgrades.

The DOT token can be bought on various crypto exchanges including Binance, KuCoin, Coinbase, and Huobi Global. Operating on a Proof-of-Stake blockchain network it can also be earned through crypto staking. There are currently 1,103,116,504 DOT coins in public circulation.

As per [Coinmarketcap](https://coinmarketcap.com/currencies/polkadot-new/), DOT tokens are currently the 10th largest cryptocurrencies in the world, with a live market cap of $8,917,146,890. Each DOT coin is worth $8.08.

DOT tokens can be stored in several crypto wallets, including Parity Signer, Fearless Wallet, Polkawallet, and SubWallet. The tokens can also be stored in hardware wallets like Ledger.

## Polkadot Price 

While the history of the Polkadot Network began in October 2016 with the publishing of its white paper, DOT tokens' history begins in October 2017 with its first ICO (Initial Coin Offering). At the time of the ICO, each Polkadot price UK was $0.29. 2.24 million DOT tokens were offered to the public.

In July 2020 the second DOT token ICO was held. The Polkadot price UK was $1.25. 342,080 Polkadot coins were sold at the time. By the end of 2020, each Polkadot price had appreciated to $9.29.

The tokens would begin 2021 trading at $9.29 and end the year each worth $26.72. While they started well in 2022, they haven't had the best performance in the crypto market. It is no wonder they are currently trading below $10.

Regardless of their current performance, a few crypto prediction platforms forecast good things for DOT tokens. Changelly predicts each Polkadot price might reach $12.34 by the end of 2022. CryptoNewsZ predicts the digital coins might be trading at $27 by the end of 2022.

## Bottom line

The Polkadot (DOT) coin might be a fairly new cryptocurrency when compared to other crypto coins, but it has quickly proven to be a great investment opportunity for many investors. The coin might be experiencing a bear run, but so are other cryptocurrencies.

Supported by a great crypto project that looks to decentralize the internet, many investors agree DOT tokens have a bright future ahead.



Polkadot blockchain and altcoin explained

Blockchain use cases grow as the technology enters new domains. The tokenised and reward-based system increases its applications and helps bring positive societal changes.

One such application of blockchain is move-to-earn. These applications encourage people to walk more and earn tokens as incentives.

Recently, [STEPN](https://www.stepn.com/) has risen in popularity among the move-to-earn apps. It is a Web3-based lifestyle app that includes GameFi as well as SocialFi. It is one of the notable use cases as it is built with the idea of promoting a healthy lifestyle.

## Tokenomics of STEPN App

Its tokenomics involves two tokens; Green Satoshi Token (GST) and Green Metaverse Token (GMT). You can earn GST through the games, whereas GMT is a governance token you can get through events or earn after crossing 30 levels. 

You also have non-fungible tokens (NFTs) as your sneakers. Initially, you have to purchase sneakers to start walking, jogging, or running with STEPN. They have different types and attributes that help with the game modes. Also, you can burn your GSTs to upgrade or mint sneakers.

## Mainstreaming STEPN in Japan

Recently, STEPN has been working to spread the use of the app in Japan. For this reason, it is looking to partner up with the LINE blockchain. LINE is one of the known Japanese tech corporations for decentralised application development. It has agreed to work with the fitness lifestyle app to bring it to the mainstream in Japan. 

Find Satoshi and LINE Xenesis have signed an MOU to introduce STEPN in the Japanese market. It is an already popular app in the country, and this agreement will further help promote it throughout Japan. 

The CEO and Representative Director of LINE Xenesis, Lim Inkyu, has shared his thoughts about this development. He believes the app is an ideal example of Web3 usage in the real world. He also mentioned that this collaboration might lead to more blockchain and Web3 use cases for the people of Japan.


Blockchain Use Cases: Move-to-Earn Apps

An upcoming blockchain technology project, [Block Busters](https://bbtftoken.com/), has been making rounds lately. Reportedly, the company is about to launch its token on 05 August 2022. A few Safemoon investors started the project to help firms transition from web 2.0 to web 3.0. The project is a liquidity injection protocol that allows businesses through tokenization. 

For the last eight days, the project has been trending on Twitter with #BlockBustersTech and is making waves in the DeFi space. The unique thing about its hype is that the project did not have a prior reputation. However, it recently carried out a successful presale for the BBTF token and is now looking forward to the ‘big launch. 

## How does the Block Busters protocol function?

Block Busters claim to have a complex and innovative protocol functioning that makes [web 3.0](/articles/learn-moni/web-3.0-crypto) transitioning relatively straightforward. Its methodology applies a 16% tax on all transactions within the system. A part of this tax is used for different purposes like rewards, reflections, and automated liquidity. 

This DeFi infrastructure is completely tokenized, which makes smart contracts more innovative. Besides, its reward mechanism includes both internal and compounded rewards. For this reason, there are a total of 8 different reflected tokens in the system. That’s why as a BBTF token holder, you have an excellent opportunity to make a passive income.

![block busters tech.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/block_busters_tech_2c8e33ff8a.png)
 
Source: (BBFT, 2022)

## Will Block Busters live up to its hype?

Block Busters’ protocol looks quite promising as it provides excellent incentives while maintaining the security of smart contracts. Moreover, the project has a team of over ten people, which adds to its credibility. On the other hand, they are also working on several innovations in the ecosystem. In the future, we might see innovations like a transaction viewing platform, smart contract development, DEX platform, and other NFT and Metaverse utilities. 

Though there is great potential, projects running on incentives are always risky. Recently, as such projects are crashing like the house of cards, it is better to conduct proper research by thoroughly reading its whitepaper and information on the website.






Block Busters Tech: Is it worth the hype?

Gucci, an Italian luxury brand, announced on Monday that it would [accept apecoin as a payment method](https://cointelegraph.com/news/gucci-becomes-first-major-brand-to-accept-apecoin-payments). The payment mode is currently only accessible in the United States because not many countries allow crypto to be accepted as a payment method. The brand is partnering  with Bitpay to make the payment option available. Bitpay is a cryptocurrency payment processing firm that has worked with numerous well-known companies to make cryptocurrency payments possible.

It is, however, Gucci's 12th cryptocurrency that they accept as payment. In May, the company announced plans to accept 12 crypto assets as payment options in 111 stores across North America. Bitcoin, Ethereum, Dogecoin, SHIB, Litcoin, Wrapped BTC, USDT, USDC, and many more were on the list.

Gucci has emerged as one of the few large companies to engage with cryptocurrency aggressively. In February, the Italian brand launched the "SUPERGUCCI" NFT collection in collaboration with the vinyl toy brand SUPERPLASTIC. The following month, it released the "Gucci Grail" NFT collection, targeted at owners of top NFT projects like the [BAYC](/news/article/bored-ape-nft). The brand is profiting from the current excitement in the cryptocurrency and NFT markets.

## Apecoin community reactions

ApeCoin's official Twitter page responded by stating that they are thrilled that Gucci will be the first large company to accept the cryptocoin for in-store transactions. Everyone is excited about this move because it is a community-driven initiative. As a result, it's not surprising that Twitter is flooded with tweets concerning Gucci's moves. Users have been seeing that more corporations are adopting the Web3 environment, and it appears that Gucci is ready as well.

Apecoin (APE) has experienced a rise in its general acceptance as a payment method. As the market has gained traction and the cryptocoin has witnessed some favourable developments, it has increased by about 50% in the previous month. It is currently trading at $7.32. However, the coin is still nearly 75% down from its ATH.



Gucci now accepts ApeCoin as payment

The tokenization of real estate is based on blockchain technology and represented as whole or fractionalized shares of the asset known as digital tokens. Contractual specifics come into play as what is known as "smart contracts." When pre-defined contract conditions meet, the algorithm encoded in the digital contract activates the code-specified events—for example, a transaction or transfer in the land registry without the need for human interaction. Following proper action validation, there are new productions of blocks and additions to the current blockchain.

Tokenized real estate investments, consisting of residential, commercial and industrial property  are areas of opportunity. As tangible assets safeguard tokens, their value will change by the asset's performance, much like real estate investments. However, blockchain technology adds convenience, notably the safe and frictionless storage and transmission of cryptographic tokens. 

Tokenized real estate has the potential to make those priced out of real estate investing accessible to the market by making it more reasonable. 

After an investment in tokenized real estate, investors earn a percentage of rental payments in proportion to their initial investment on a daily or weekly basis. Payments are in stablecoins or the platform's native money.

Tokenization allows investors to buy and sell digital assets without closing expenses, significantly lowering transaction costs. As a result, efficiency improves due to matching cost and time savings. "Tokens" enable the replacement of traditional securities with blockchain technology. They may also transform tangible assets into "tokens," making them available to all investment groups. 

Tokenized real estate results in fractional and divisible ownership benefits.
Real estate value has always been indivisible since it is a single asset. Tokenization allows the asset to be fractionalized, resulting in improved access and liquidity of the investment. 

The worldwide property value is over $10.5 trillion, making this market one of the most significant in the world. However, only a portion of this is now available for public trade. Tokenization will most likely affect this in the upcoming years. 

## The benefits of tokenized real estate


### Affordably priced investment

The most obvious benefit is that the investor does not have to acquire the entire property; the investment amount is entirely customizable.

### Income from a Passive Source

One common criticism among real estate investors is that when they buy a property, they must also refurbish and maintain it, locate tenants, and collect rent. They often part ways with 30% of the property revenue as they employ a property manager. Which is a substantial sum of money, and tokenized ownership allows investors to reap the same benefits without needing property managers or dealing with real property expenses.

### Simpler Equity Release

To raise funds, several platforms allow investors to tokenize their property. Enabling investors to free up equity, obtain financing, buy another home, and expand their portfolio.

## The disadvantages of tokenized real estate


### Lower Returns

Rental payments will be a fraction of traditional rental payments. As investor fees are solely proportional to their initial investment, they will not receive a high payment if they do not have much capital.

### Fewer Opportunities

Several platforms offer tokenized real estate, with many offering the highest APY and opportunities. With so many options, property owners who want to list and unlock equity realize that their investor's options are limited.

### Regulatory Compliance

Although [web3](/news/article/solana-nft) eliminates intermediaries, compliance is required for the concept to scale. It would also be prudent for the platforms to be appropriately licensed to comply with local legislation.

Tokenization has excellent development potential, yet it remains elusive owing to its intrinsic complexity. The benefits vary from property fragmentation to liquidity security and the automation of property-specific operations such as title transfer or transaction execution.

Tokenization has the potential to revolutionize the way individuals invest in real estate globally entirely. To capitalize on that potential, Blockchain developers and their professional advisors must carefully assess and prepare for it.

## Tokenized real estate platforms


#### [DigiShares](https://digishares.io/real-estate-tokenization)

DigiShares is for people with physical assets that want to tokenize real estate, company equity, or physical assets. 

#### [Arrived Homes](https://arrivedhomes.com/)

Buyers may invest directly in the property with Arrived Homes. They will receive tokens and rental payments in exchange.

#### RealT

RealT has been around for a while and built a track record for successful investment opportunities. They also have a large and experienced team, meaning they know what they are doing. Their properties tend to sell out quickly.










Tokenized real estate: Where digital meets real estate 

The latest Polygon crypto news covers the cryptocurrency participation in [Disney's accelerator program](https://cointelegraph.com/news/polygon-selected-to-participate-in-disney-s-2022-accelerator-program), which will help the company gain Web3 experiences.

According to a statement issued by The Walt Disney Company on Wednesday, the [Ethereum](/coins/eth) scaling platform is one of six initiatives selected for the Accelerator Program, which is focused this year on augmented reality (AR), nonfungible tokens (NFTs), and artificial intelligence (AI).

On Wednesday, Polygon CEO Ryan Watt announced that the company was "the only blockchain selected" for Disney's famous Accelerator program.

## What is Disney accelerator 

Disney's accelerator program was started in 2014, and members can get mentorship from the Disney Accelerator team as well as assistance from Disney's own leadership team.

Participants will allegedly receive additional investment funding as well as co-working space at Walt Disney's Los Angeles campus. The program will finish with a Demo Day on campus.

Applications for the accelerator program opened on April 22, with applications closed on May 13, 2022. At the time, Disney stated that the accelerator would seek "growth-stage companies with a vision for making an impact on the future of technology and entertainment."

Flickplay, a Web3 application that allows users to discover NFTs using augmented reality (AR), and Lockerverse, a Web3 storytelling platform that links creators and brands, were also chosen this year.

Other startups include the augmented reality startup Red 6, the 3D virtual e-commerce startup Obsess, and the AI-powered virtual character creation startup Inworld.

Polygon, formerly known as the Matic Network, is an interoperability-focused blockchain architecture with a suite of scalability tools designed to construct Ethereum-compatible decentralised apps (DApps). Polygon's scaling solutions were designed to overcome Ethereum mainnet issues like sluggish transaction speed (TPS) and hefty transaction fees.

Following the Latest Polygon crypto news, native token, MATIC, increased by more than 20% once word of Polygon's participation in Disney Accelerator. In the early hours of Thursday, the token was trading at $0.5291 and has risen 20.568 percent to $0.6504. The token is still gaining ground.

For the latest Polygon crypto news, check out our[ Polygon tag](/news/tag/polygon).


Polygon crypto news: Disney accelerator program

One of the leading Solana NFT marketplaces, Magic Eden, has announced a venture capital fund focusing on web3 games. The marketplace is looking to expand in the web3 games as it has launched an investment arm. 

Magic Eden is a Solana NFT marketplace that recently became a crypto unicorn startup. It's worth reached more than $1.6 billion. Now, the marketplace is preparing for expansion as it will focus on web3 games. The platform has announced a venture capital fund specifically for web3 games. 

## What's the gaming VC fund for Solana NFT marketplace Magic Eden for?

A venture capital fund is a pool of investments of small or medium-sized companies or startups. It is used to organise and regulate all the funds for the company's growth. Magic Eden, a growing startup that deals in Solana NFTs, has also announced a venture capital fund. 

According to the [press release](https://www.prnewswire.com/news-releases/magic-eden-launches-magic-ventures-with-focus-on-web3-gaming-301584577.html), the company has named the recently launched investment arm Magic Ventures, which is dedicated to web3 games. In addition, it will also scale up its gaming subsidiary, Eden games, through it. 

The company has diversified its team by onboarding several experienced game developers. Moreover, the company has established new partnerships with various gaming leaders.

## Tony Zhao, the head of gaming investments at Magic Eden

Besides, Magic Eden has appointed Tony Zhao as the gaming investments head. Zhao is a prominent name in this industry as he was associated with the leading Chinese game company, Tencent.  

It is expected that the appointment of Tony Zhao will help Eden games to develop its portfolio. Zhao will be working on developing web3 game infrastructures which can turn this Solana NFT market into a promising web3 games startup. 

In other news, Shanghai has developed a five-year plan that includes policies for crypto, NFTs, and also web3. Moreover, a leading video game enterprise, GameStop, has introduced its own marketplace for NFTs. Learn more about cryptocurrency, NFT, and blockchain-related news on [Moni Talks](/news). 
  



Solana NFT marketplace launch Web3 gaming fund 

[Lucky Block](https://luckyblock.com/) has introduced a new concept into the crypto finance space. As an area that has contributed immensely to the creation of crypto casinos for people who love to gamble with cryptocurrency, Lucky Block is the latest project in gaming finance ([GameFi](/news/category/gamefi)).

As an easy-to-use protocol, Lucky Block has employed the features of blockchain technology to develop a decentralised lottery system. Like crypto casinos, there are no centralised financial institutions (traditional banks, insurance companies, and clearinghouses).
The Lucky Block project aims to solve various problems that have mired the current centralised gaming systems, such as delayed payouts, on-demand liquidity problems, and security.

With more than 19,000 crypto projects circulating in the market, as of June 2022, Lucky Block has much catching up to do. Fortunately, unique innovations jump several queues within a short period, and Lucky Block could gain popularity fast with the launch of many events.
With a cryptocurrency attached to the project, called LBLOCK, available on the market, will LBLOCK and the entire Lucky Block project survive?

## What is Lucky Block (LBLOCK)? 

Launched in January 2022, Lucky Block is a blockchain-based lottery protocol housed in the Binance Smart Chain (BSC). The primary purpose of Lucky Block is to improve transparency and fairness in the electronic gaming world by creating a system where every player has an equal opportunity of winning.

The project has a massive team behind its continuous development. London-based Scott Ryder serves as the Chief Executive Officer. Its native asset, LBLOCK, serves as the token that oversees transactions on the Lucky Block protocol.

LBLOCK is also the ticker symbol Lucky Block’s ecosystem is associated with on exchanges such as PancakeSwap.

At the launch of the project, a total of 100 billion LBLOCK tokens were distributed.
As of Tuesday, June 14, 2022, there were around 40.77 billion tokens in circulation. This means that more than 50% of LBLOCKs are still available for purchase.

## How does Lucky Block work? 

Currently, thanks to the use of digital currencies and crypto wallets, it has become easy to use casinos. This is because you only need an internet connection and a cryptocurrency supported by a crypto casino to wager, stake, or bet on sports as well as gaming products designed by the gaming platforms.

Lucky Block has introduced a concept that differs from crypto casinos.
If you are an LBLOCK holder, you can decide whether or not to take part in a periodical jackpot by locking some of your tokens.

Lucky Block launched its first jackpot on May 31, 2022. The prize was $1 million and the total number of tickets purchased was 873,541.

## How does Lucky Block's lottery, or jackpot, work?

Per the terms of transactional taxes in the project's whitepaper, 1% of transactions will be burned, 3% will be put into non-fungible tokens (NFT) and gaming royalty funds, 4% will be deposited into liquidity pools, and 4% of fees will be placed into a lottery (jackpot) pool.
So far six (6) lotteries have taken place. The winner takes home 70% of the jackpot.
Out of the remaining 30%, 10% is redistributed to LBLOCK holders depending on the size of their holdings. Another 10% goes into marketing, and the remaining 10% is deposited into a charity fund.

Draws were also made on June 6, with prize money of $42,714, and 473,525 tickets were purchased, and on June 10, when the prize money was $5,000 and 516,333 were purchased.

## Is Lucky Block (LBLOCK) a Good Investment?

Lucky Block can be considered a good investment based on the price forecast made by experts at the technical analysis-backed portal, Digital Coin Price, and Price Prediction.net.
According to Price Prediction.net, LBLOCK could command a minimum price of $0.001 and a maximum price of $0.002 by the end of 2022.

The cryptocurrency shed more than half its peak market value in November 2021, so consider risks and rewards before investing in LBLOCK.

That said, LBLOCK is exchanging hands for $0.0009954 and can be considered a low barrier to entering the crypto trading market.

With $100, you could buy around 100,462 LBLOCKs, and see how much in rewards the tokens could bring you in the short, medium, or long term.


Lucky Block Crypto: What Is It?

Metaverse stock has become an integral part of the Metaverse concept, forecast to help Web3 replace Web2.0 companies in the not-too-distant future.

Web2 is largely centralised by big technology corporations and relies on cloud and mobile infrastructure and platforms developed by organisations using interactive content as a medium.
On the other hand, Web3.0 would rely on virtual economies, networks, and blockchain cloud. Control will be highly decentralised.

This is why the Metaverse concept could be an important part of the evolution of the internet. The Metaverse is an interactive digital universe facilitated by immersive technologies such as virtual and augmented reality.
This article offers an extensive insight into what the Metaverse entails and discusses the best Metaverse stocks to buy in 2022 and beyond.

## Best Metaverse Stocks to Buy in 2022 

Below are the three best Metaverse stocks to buy in 2022 and other honourable mentions.
The best Metaverse stock to buy in 2022 is Meta.

One of the leading Metaverse stocks with huge potential you should consider adding to your portfolio is Roblox. After reporting huge earnings in quarterly reports for 2021, Roblox is a top pure-play Metaverse stock ripe for your portfolio.

Lastly, growth investors will find Coinbase is a Metaverse stock that introduces them to the crypto trading space.
Other honorable mentions include Nvidia, Lucky Block Autodesk, Nike, Match Group, Unity Software, Microsoft, Walmart Inc., CrowdStrike Holdings, Adobe Inc., Immersion Corp., and Vuzix Corp.

## A Look at the Best Metaverse Stocks 

Although stocks are categorised as a non-volatile asset class, you should conduct independent research that comprises fundamental and technical analysis.
Without that, you risk buying a stock without understanding the issuing authority (companies) behind their valuation.

The Metaverse conjoins several industries and technologies such as spatial computing, digital infrastructure, blockchain technology, artificial intelligence, and virtual experiences, among others.
The best Metaverse stocks analysed below consider big technology companies that contribute to the development of this virtual world filled with enormous potential.

By reading this piece, you will find out the roles of the respective individual corporations and their impact on this emerging concept.

## Meta Platforms • One of the Leading Metaverse Stocks with Enormous Potential

Facebook is the head of all the Meta Platforms. In October 2021, Chief Executive Officer (CEO) Mark Zuckerberg introduced Meta: A social technology company to the world at a Connect 2021 event.

Meta's aims to bring to life the Metaverse (Web3), which helps connect people, grow businesses, and find communities using smartphone applications, augmented reality glasses, and virtual reality headsets.
In February 2022, speaking at a live-stream event called Inside the Lab, Zuckerberg pointed out that Meta was in the middle of a new class of generative artificial intelligence (AI) models which will allow people through speech to describe a virtual world and generate numerous aspects of that world.

In showcasing the power of one of the new AI models called Builder Bot, Zuckerberg appeared on an island as a legless 3D avatar.
He gave commands using his voice to create a beach. After that, he commanded the creation of trees, clouds, and picnic blankets for the beach. 

This means that Meta is expanding its Metaverse ecosystem in addition to its successful product already in the immersive technology market, Oculus (a virtual reality headset).
Overall, Meta aims to build a supercomputer that will cover all aspects of the Web3 evolution.
Despite competition from other platforms such as TikTok, Meta Platforms Inc. (NASDAQ: FB) opened on Monday, 3 January, 2022, with a trading price of $338.30. 

The stock reached a quarterly high of $343.09 and closed the first quarter of the year on 31 March at $222.26. As of writing, FB was trading in the region of $203.77.
This means that you can buy around 49 stocks of FB for $10,000. When the bulls return in the future, FB could be one of the metaverse stocks to brighten your investment portfolio.

## [Roblox](https://www.roblox.com/) • The Best Gaming Metaverse Stock

Roblox is not only a platform that brings people together through play; it is also a cash cow in the making for users who have great game titles and designs.
Roblox is an online game platform that allows novice and professional users (gamers and developers) to try their hands on game development.

Roblox was released in 2006 by David Baszucki and Erik Cassel (founders who created the platform in 2004).
As an integral part of the Metaverse, Roblox has soared substantially in popularity. As of May 2022, Roblox has more than 47 million daily active users.

Having hosted many virtual concerts and events, Roblox has a head start. The company is among the first movers who would reap the rewards of venturing into the Metaverse early.
Roblox got the ticker symbol RBLX on 10 March, 2021, on the New York Stock Exchange (NYSE). RBLX became a tradable stock on 11 March, 2021.

It opened the day with a trading price of $74.93 and closed the first quarter of the year at $64.57. Roblox Metaverse stock tested $100 for the first time on 2 June and reached an all-time high (ATH) of $103.87 on 4 June.
When the bulls returned in the last quarter of 2021, the Metaverse stock reached a new all-time high of $138.77 on 18 November. Since bears follow bulls, RBLX shed 25% of its ATH to close the year on 31 December at $103.16.

RBLX opened on 3 January, 2022, with a trading price of $101.91, reached a quarterly high of $103.79 on the same day, and closed the first quarter of 2022 at $46.24.
As of writing, RBLX was exchanging hands at $27.81. This means that a $10,000 investment could buy around 359 stocks of RBLX. The current demographic of Roblox users is below 16 years. However, with the Metaverse gaining strength in 2022, Roblox’s demographic could widen to include young adults and full-time adults. 
That could impact well on the stock price of RBLX.

## Coinbase • Best Metaverse Stock for Cryptocurrency Traders

Coinbase was founded in 2012. You should know that there are more than 100 cryptocurrencies on Coinbase.
Blockchain technology and decentralisation are an integral part of Web3 and the Metaverse.
Therefore, Coinbase's association with crypto assets easily places the exchange on the list of the top Metaverse stocks to buy in 2022.
Aside from buying and selling cryptocurrencies, Coinbase provides other services such as interest accounts through staking.

What's more, on 4 May, 2021, Coinbase [opened its NFT marketplace](/news/article/coinbase-nft-platform) that launched the entire project into the Metaverse.
Through this platform, more than 50 million users of Coinbase can interact with digital collectibles and invest in non-fungible tokens (NFTs).
In addition to this, Coinbase is still developing technologies that will facilitate the purchase of avatars for games in its Metaverse.

Coinbase Global, Inc. (COIN) became a stock trading asset on 15 April, 2021. COIN opened the day with a trading price of $348.90 and reached an all-time high (ATH) of $368.90 on 9 November.
On the last day of December 2021, COIN shed 27% of its opening price to close the year at $252.37.
The centralised and decentralised finance market was hit hard in 2022 by the bearish trends of the market after reaching record highs in 2021.

COIN opened on 1 January, 2022, with a trading price of $256.27, reached a quarterly high of $261.63 on the same day, and closed the first quarter of the year at $189.86.
As of writing, COIN was exchanging hands at $103.74. 
With $10,000, you can buy around 96 COIN stocks.

## Are Metaverse Stocks a Good Investment? 

The Metaverse has created new wealth for several stakeholders (companies, developers, gamers, and you as an investor).
Although there are hidden potentials in Metaverse stocks as an investment instrument, you need to conduct independent research before you can risk money on any of them.

Look at the pros and cons before investing in Meta Platform (FB), Roblox (RBLX), and Coinbase (COIN).
Metaverse stocks come with numerous risks. No one knows when the Metaverse will reach its peak. Therefore, Metaverse stocks remain largely speculative and can only thrive with the launch of NFTs or other features associated with the Metaverse. Aside from that, various economies across the globe are doing everything they can to regulate crypto, Metaverse, and web3 so that it does not become a haven for money laundering and terrorism financing.

On the other hand, the benefits that could be derived from investing in Metaverse stocks are endless. There is a whole array of companies to choose from.


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