Bears are causing a lot of trouble in the cryptocurrency market at present. Even if many investors are holding out hope that the bulls will make a comeback, the last week has seen some of the biggest drops to date in the crypto space. Those who are more astute understand that now is the perfect moment to find coins and tokens to buy in preparation for an upturn in the coming months. Never forget that the big gains often come from investing in the audacious new players rather than established projects. So, can Chronoly.io which is up 400% in the last 30 days be as successful as Decentraland (MANA) and The Sandbox (SAND)?
A virtual reality platform powered by the Ethereum blockchain, Decentraland (MANA) is a decentralized platform and metaverse. Content and applications that exist in real life can be created in the metaverse. Experienced by many and monetized by anyone. Land and in-game purchases may only be made using MANA, the native cryptocurrency of Decentraland.
MANA has a market capitalization of about USD 1.4 billion and is based on current market demand. Major fiat currencies including USD, EUR and JPY can be traded for Decentraland (MANA) on cryptocurrency exchanges like Binance and Huobi. Decentraland is one of the Ethereum blockchain’s most popular decentralized applications and continues to attract new users and developers.
The Sandbox is unique in that users can buy or trade NFTs to customize and personalize their experiences. NFT assets can be created using features in the platform like VoxEdit, which can then be used by “Game Maker” users to customize their games. Any marketplace that supports The Sandbox’s NFTs will allow any user to sell their work.
In SAND, the user’s creativity can be used to create a relaxing and entertaining experience. Sandbox (SAND) makes use of both its own and OpenSea’s marketplaces to give its users a wider virtual sphere of influence.
If you’re a cryptocurrency native or non-native, Sandbox (SAND) is a great way to get your creative juices flowing on a highly secure platform while making money from it.
Chronoly.io has gained a significant amount of attention in the last couple of weeks from many in the crypto space. The project comes to solve a big trust issue by giving buyers the possibility to invest in fractions of high-end rare, luxury, and exclusive watches like Rolex or Patek Philippe. Each watch is authenticated, stored in a highly secured vault, then minted as an NFT which is broken down into many fractions thus allowing anyone to invest from as little as $1 in a highly appreciative asset. Furthermore, if an investor places a buyout offer for 100% of the NFT fractions they can take physical delivery by a highly secured logistics partner who will ship to over 130 destinations worldwide.
In today’s unpredictable crypto market, investors are also looking for value-based companies to invest in. Chronoly (CRNO) investors can rest easy knowing the value of their investment will rise regardless of market conditions as collectible timepieces continue to appreciate. Being a world’s first unique concept the opportunity to still purchase during presale is worth grabbing with both hands.
By generating NFTs backed by real timepieces and then fractionalizing them, Chronoly.io has made luxury watch ownership more accessible to the general public. Chronoly (CRNO) seeks to change the perception of the luxury watch business as an investment vehicle for the wealthy by launching a new marketplace.
In the pre-sale, Chronoly tokens (CRNO) are trading at $0.05, with many crypto traders optimistic about the project’s unique use of real-world assets and NFTs, and may easily surpass its price target of $0.50 by July 27, 2022.