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How Xchange Monster (MXCH), Decentraland (MANA), and Solana (SOL) Are Evolving The Metaverse and GameFi

How Xchange Monster (MXCH), Decentraland (MANA), and Solana (SOL) Are Evolving The Metaverse and GameFi

Recently the world of GameFi has been an ever changing and evolving domain with many start-up projects racing to get ahead by releasing early versions of their play-to-earn game. The concept is clear, the more you play, the more you earn. The rewards usually come in the form of the game's native token which is then available for trading on some DEXs, but still, in the early stages, there are limited options for exchanging your tokens for other, more stable, currencies.

Nevertheless, GameFi is expected to take off in the coming years as developers and users alike understand the mutually beneficial model behind the play-to-earn concept. The issue of trading these in-game assets though is one that needs to be addressed before the system can really take off, and that is exactly what Xchange Monster (MXCH) is looking to do.

Xchange Monster will partner with gaming companies to allow their native token MXCH to be used for purchasing in-game assets and potentially used as the native currency for rewards. The rewards will tradedable on the Monster Exchange and stored securely in their Monster Wallet. From the Wallet, you can also cash out your rewards and tokens into Fiat or deposit them directly to your bank.

Xchange Monster is well-positioned to be able to link the world of gaming and finance together by providing a platform that is essential for the development of the industry and will allow users greater fungibility over their assets.

The company is currently in the initial presale stage of its token MXCH. It can be purchased via visiting its website. If you are interested in the world of gaming and the developments of GameFi then you should check out their website and whitepaper to learn more about the project.

Enter the Metaverse

One of the most hyped Metaverse projects is Decentraland (MANA). Decentraland allows users to build their own virtual world and customise every detail by in-game purchases via their NFT marketplace using their native token MANA.

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