It's not hard to notice that crypto aficionados and Mark Zuckerberg have a passion for the metaverse, and it's the one thing that seems to unite the two groups. In contrast, their understanding of the metaverse may be entirely unique, which may have important repercussions for the industry of financial technology as well as other types of electronic trade. The metaverse still has a long way to go before it can be considered a unified, completely immersive virtual reality that people can interact with digitally. This is because the metaverse is a 3D virtual environment. Here, we take a look at three firms that are working to alter that: Moonbirds, CryptoPunks, and Chronoly.io, which is presently in presale and trading up 400 percent. Moonbirds, CryptoPunks, and Chronoly.io are all working to change that.
The Moonbirds NFT collection, which consists of 10,000 items, was developed by PROOF. They signed up for their initial account with Twitter back in March of this year. Moonbirds made its retail debut in April with their primary range, which was an instant hit with customers. Beeple and Jimmy Fallon were among the first people to own pieces from this line. Moonbird's parent company, Proof, is a venture capital firm. Kevin Rose, an entrepreneur, is the mastermind behind the company. In the same way that he was a prominent proponent of web2 in its early days, he has been a major proponent of web3.
The floor price for a Moonbirds NFT on OpenSea is now set at 26.5 ETH, and there was a total of 141.8k volume traded in the final week of May. Since the beginning of the project, the total amount has ranged anywhere from 18.45 to 38.5 ETH.
It's hard to believe, but CryptoPunks was really made available for free sometime in 2017. Due to the fact that Ethereum's non-fungible ERC-721 token standard did not even exist at the time of the experiment's launch by the two-person team at Larva Labs, the tokens were issued as a non-fungible ERC-721 experiment. The initial 9,000 CryptoPunks that were made accessible to the general public by Larva Labs were rapidly purchased by Ethereum wallet owners, with the latter group retaining custody of the remaining 9,000 CryptoPunks.
CryptoPunks is not only one of the earliest NFT projects, but it is also the first random profile photo generator that has actually resonated with the cryptocurrency community. Each new collection of profile photo NFT sets, from Bored Ape Yacht Club to Doodles and a great many more, only serves to bolster the influence and legacy of the initiative from which they were derived. Some of the most famous people in the world own CryptoPunks, like Jay-Z, Logan Paul, and Serena Williams, to name just a few.
Chronoly (CRNO) is accomplishing two astounding feats at the same time. To begin, they have established a marketplace for cryptocurrencies and NFTs that is in fact backed by a valued commodity that exists in the physical world. Second, they have devised an exceptionally ingenious strategy for shaking up (in a positive way) and democratizing the market for exclusive and high-end watches.
It is common knowledge that timepieces made by designers such as Richard Mille and Rolex can easily exceed the GDP of a medium-sized nation. As of the middle of the year 2022, the value of the valuable watch market on a global scale was an astounding $64 billion. In addition, this market's worth continues to rise on an annual basis since more and more investors who are searching for a safe place to save their money are buying into it. However, for the vast majority of ordinary people, even the idea of having a Rolex is beyond their wildest aspirations, let alone their limited financial means.
Chronoly.io has devised a strategy that is capable of resolving that issue. They were able to accomplish this by recasting the watch as an NFT, which was subsequently subdivided into fractions and made available for purchase for a sum of money as little as ten dollars. After that, the fractional NFT in question might be exchanged or put up as collateral in order to obtain a loan. To put it another way, it is the same as owning the physical object digitally.
At the beginning of May, when Chronoly (CRNO) first started offering its tokens for presale, the price was merely $0.01. Its current price, as of the time this article was written, is $0.05, representing a rise in value of 400 percent. Some analysts have placed a price target of 50 times higher than current levels on the CRNO token, predicting that its value would considerably increase as more and more people get familiar with Chronoly.io. Do you wish to buy a Rolex? Here it is. Do you want to make a sound investment? No need to look any further.
Additional details regarding the Chronoly.io presale can be found as follows:
Presale: https://presale.chronoly.io/register Chronolyio can be reached via Telegram at https://tme.me/. Chronolyio can be found on Twitter at https://twitter.com/.