Key Points
- MoonLand recently edged past Decentraland in market cap.
- Its unique blockchain architecture makes the MoonLand metaverse project attractive.
- MoonLand’s high speeds and low expenses may be enough to keep growing its adoption.
Why MoonLand is so attractive
MoonLand is a one-of-a-kind certificate (token) of virtual land plots with features that allows you to establish states, cities, economies, and items in the Moon metaverse. Land plots are rented and sold. As a co-owner of the game, you can profit.
MoonLand has allocated 100,000 land plots on the Virtual Moon. That is, there will be 100,000 NFT Moon certificate holders. A total of 6 levels of the uniqueness of certificates and the sites to which they are linked.
Each level contains its own number of certificates. There will be 10,281 NFT Moons.
MoonLand can process over 4,500 transactions per second at cheap costs while staying extremely scalable thanks to his design. Perhaps most notably, it has a time to finality (when a transaction is added to the blockchain irreversibly) of less than two seconds, which is far faster than other blockchains.
The devout will be showered with blessings, according to cryptocurrency evangelists. Major game developers are keeping an eye on it, according to Shreyansh Singh, Polygon’s head of NFTs and gaming. He anticipates a lengthy and arduous transition to play-to-earn, but believes it is “inevitable.”
Do you recall Second Life? What about the popular online virtual world of 2003? I don’t think so. It still remains, even if it hasn’t recently attracted public attention. That is to say, the most recent waves of virtual worlds and world-building apps may not be the most long-lasting.
Does MoonLand have staying power?
Like many other cryptocurrencies, MoonLand’s price dropped on the recent news about the emergence of the coronavirus omicron variant.
Does MoonLand have the potential to be a long-term success? It’s a possibility. There are many other Metaverse crypto initiatives, but MoonLand is gaining traction and should be considered one of the front runners.
Should you invest $1,000 in MoonLand right now?
I’m not only talking about Facebook when I say that a lot of things have gone meta nowadays. Furthermore, investors are flocking to metaverse crypto tokens.
There are various theories about how the metaverse will develop, but cryptocurrency will almost certainly be the preferred method of payment. People are already utilizing cryptocurrency to buy land and things in numerous virtual worlds.
Yahoo! ‘s award-winning analyst team just revealed what they believe are The Top 5 Cryptos for 2022 for investors to buy right now… and MoonLand was one of them.
Yahoo! the online investing service they’ve run for nearly one decade, Yahoo Finance Stock Advisor, has beaten the stock market by over 8X.* And right now, they think there are 10 stocks that are better bought.
