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The metaverse virtual items must be tied to the currency if they want real-world value outside the metaverse. If so, cryptocurrency is the best choice. The use of blockchain technology in most places in the metaverse is very helpful in linking cryptocurrency to the blockchain.
Metaverse crypto is the type of cryptocurrency you use on metaverse for all types of transactions. For example, you use fiat currency as a medium of value and exchange in the real world. metaverse serves the same purposes as the crypto metaverse. Let’s look at two popular meta phrases:
Decentraland (MANA):
Decentraland is a metaverse, built on the Ethereum blockchain. Its native token is MANA. MANA can be used for many purposes such as in-game transactions and purchasing land inside the Decentraland. It is also a governance token that allows owners to vote on future game developments.
Sandbox (SAND):
This is another metaverse based on Ethereum where you can create your avatars, hubs, and NFTs using the VoxEdit tool and trade your properties on the Sandbox marketplace. All transactions and interactions are done with the help of its native token SAND.