Three Solana-based metaverse tokens to keep on your radar in 2022

cnbctv18.com:

Solana is the second-fastest blockchain globally, after the recently launched Bitgert Chain. It also demands incredibly low transaction fees for users and developers while maintaining its super-fast speed.

The Solana blockchain is also 'censorship resistant', which means that applications can continue to run freely, and transactions never fail. Various metaverse platforms have turned to Solana for blockchain support to leverage these features.

Some projects are pretty promising, and we have picked out the top three that experts believe have bright prospects:Cryowar (CWAR): A metaverse game powered by Solana and Unreal Engine, this is a multiplayer in-arena game featuring PVP (player vs player) combat. Launched in November 2021, the project seeks to integrate the best aspects of blockchain technology, traditional gaming, voting on decentralised autonomous organisations (DAOs), and decentralised finance (DeFi).Its framework is designed to make Cryowar a deflationary ecosystem (the supply of its native token will keep reducing) and integrate crypto staking into the game, thus allowing players to earn better rewards as their in-game experience grows.

The developers aim to create a multi-blockchain metaverse that is unrestricted to all.Also read: Nielsen estimates crypto sports sponsorship spend at $5 billion in under 5 yearsThe native token of the Cryowar game is CWAR and is currently trading at $0.31, up 6 percent over the last 24 hours. Currently, 66 million CWAR tokens are in circulation, with a market capitalisation of $20.55 million.