virtual space is
starting to make traction and consultants McKinsey have said that they expect
up to $5 trillion revenue generated by 2030. That means an investment now is
starting at the very bottom of the market and would be an eight-year long-term
wealth creator. The first project that will lead the crypto metaverse charge
will be Decentraland (MANA) which saw a big move higher in coin and virtual
land sales in late-November last year. Chronoly (CRNO) is another project that will capitalise on the
metaverse space with its fractional investment of NFT’s backed by rare,
exclusive and luxury watches.
Decentraland (MANA) Has
Early-Mover Advantage
An important part of the metaverse is
early-mover advantage and Decentraland (MANA) has that. The project is building
its virtual world and has already attracted big name corporations to its
metaverse. The record sale of virtual land on the platform clocked $150k in
November and we will see land trade for millions by 2030. Decentraland has
received praise in the past from Mark Zuckerberg, who has just positioned his platform
towards the metaverse. Decentraland will use a DAO for decisions on the
direction of the platform and that can create a real community-driven virtual
world. Decentraland will have an edge in the crypto space because of the first
mover advantage.
Chronoly (CRNO) Can Be
a Big Player in Fashion and Investment
Chronoly (CRNO) has ambitions in the metaverse and the project
could be a big player in virtual worlds. Chronoly allows users to invest in a
fraction of an NFT which is backed against a real life asset. A rare, luxury
and exclusive watch is authenticated, then an NFT is minted and broken down
into fractions where users can purchase a fraction from as little as $10. The
watch is then held in a secure vault worldwide where users have the option to
purchase 100% of the NFT's, burn them and redeem physical delivery from the
vault at any time. A secure logistics partner would deliver the watch to over
128 locations worldwide which is fully insured and trackable.
One development
in the world of luxury watches recently was news that Tag Heuer, the
Switzerland-based watchmaker, had created a new feature that lets wearers set
the watch face as an NFT. This is the first sign of luxury watchmakers seeing
the value in NFTs and Chronoly (CRNO) can capitalise on that opportunity with
first mover advantage. Analysts are predicting a further 2,500% gain before its
presale phase three ends. This is a great opportunity to invest into a project
that hasn’t been done before in the crypto space. The chance to make 1,000x
your investment is not easy to come by in crypto anymore but it's been marked
as very possible with Chronoly. For these reasons our pick of the week for top
crypto investment goes to Chronoly.
For more information on the Chronoly presale
Website: https://chronoly.io/
Socials: https://linktr.ee/chronolyio