Could 5, 20, 50, 100 x gains be made in Crypto 2022? Let’s find out.
Essentially, the point of this article is to keep an eye out for these things since the chance is here, as it has been several times before.
Looking back at the times when we had significant downturns when things were at their lowest, we’re seeing the same pattern now. This has the potential to give us gains of 50-100x if we keep a close eye on it and prepare for what’s coming next.
This is not a financial advice, and we’re just going to illustrate the possibilities that might never come to pass.
Now that we’ve established that, let’s move on.
Bitcoin Hard Reset
We hit 33k at the bottom recently. For a second we might see 29k, but that’s a bit unlikely given the market’s direction.
Of course, timed trading and predicting bitcoin bottoms and tops are almost nearly impossible, so that’s not what we’re trying to do here.
In any case, watching bitcoin very carefully and planning your moves based on its action would be the wise thing to do. We can spot the opportunities in the current bear market by monitoring bitcoin moves.
There are micro-cap crypto gaming and metaverse coins that could be worth investing in 2022 due to their potential high returns.
Seemingly Counterintuitive Strategies
In general, you shouldn’t buy during massive pump-ups; this is when everyone gets too excited, people start investing, and then it’s probably too late to make huge returns.
In the event that Bitcoin starts to fall again, that’s a good time to look for low-cap crypto gaming and metaverse coins. Using DCA (dollar-cost averaging) strategy will make this as lucrative as possible once the whole market starts recovering.
If we examine all the people that have made tons of money in crypto, we can observe that they are always following the same exact pattern.
They bought when everything was going badly, when the market was down, and when the news was full of FUD (fear, uncertainty, and doubt). It’s right there, in these break periods, where they make their moves to earn high returns when the market recovers.
Expert crypto veterans buy at these points when the market is low. They always take advantage of the opportunity to buy at a lower price.
We must remember this: the people who invested in micro-caps and smaller-caps right here, at the pinnacle of the downward cryptocurrency sentiment and feeling of despair, made a lot of money in the past.
New investors may find these tactics agonizing and counterintuitive, but it is more often than not the opposite.
After you survive a few bear markets, you build up a resilient mindset.
Therefore, this is a kind of veteran field, and the things that you really need to look for if you want to achieve those 10, 20, 50 or 100 x’s and life-changing gains are those areas of crypto market pitfalls.
Crypto Gaming and Metaverse at the moment
We can look at specifically, within the crypto gaming and metaverse space, that none of it is doing very well at the moment, of course, since the entire market is watching Bitcoin.
Hardened crypto investors, however, are more likely to take advantage of the momentum and expose themselves to those potential high returns, the lower we get.
The reason for this is that, according to their opinion, there is a hundred percent likelihood of making 50 to 100 x gains coming up later.
Timing the Market
As we mentioned, it’s complex or almost impossible to predict the top or bottom, and we don’t need to do it.
We only need to be on the lookout for significant market movements in the coming weeks, as we saw a few weeks ago. Having said that, what is the narrative that is emerging right now?
There are many companies exploring the Metaverse, such as Facebook, Google, and Microsoft. Facebook has even rebranded itself as Meta.
Since the Metaverse is becoming a very important part of the world today, every major player is getting involved.
There are many prominent names on board the train right now, including many large corporations. And that’s saying quite a lot.
Everyone is getting into NFTs and the Metaverse these days, although, interestingly, the market is down. The market has fallen significantly since its peak.
The Market is down for what Reason?
There are many reasons suppressing this recent crypto boom, including rate hikes, inflation fear, Bitcoin regulations, and several other factors.
Yet, even if the markets completely crash, the crypto boom will still take place.
Watching for signs of an inevitable market reset and jumping in when the market hits its near bottom is all that’s needed to do right now.
Crypto Gaming Market Cap
Today, the market cap of crypto gaming is 21 billion dollars, and the majority of the coins won’t survive in the long term. The statistics are hard to ignore.
Eventually, big cap coins will be replaced by the pretenders to the throne that are closing in and speeding up their development.
Comparing the current crypto gaming market with the general crypto market’s 10 top coins over the past years could serve as an indicator.
Even though Bitcoin remains the untouched king, the other cryptocurrencies on the Top 10 list have changed over the years. In the past few years, many coins have fallen into the hole and been replaced by newcomers.
Crypto Gaming and Metaverse might experience the same thing, especially since there’s a lot of uncharted territory to be claimed.
How to Find 100 X Coins?
In order to identify some unpolished gems in the area, we should inspect the earliest structures of the new metaverse and crypto-gaming coins, which are currently developing.
We can probably expect the largest crypto game coin to be worth around 20 to 50 billion dollars in the future.
There are real chances we’re having right now the coins that can make 20, 50, or even 100 x within a few years. This was exactly the case when Bitcoin and DeFi emerged.
Let’s review some potential scenarios:
The short-term plan consists of watching what Bitcoin does, so if you look at Bitcoin right now, the first thing we are going to do is to look for a major market reset, which we discussed above.
Once again, what is the Hard Market Reset?
This could be a decent 20-30% increase from where we currently are, so when Bitcoin reaches $40k we may consider that the reset has started and the time may have come to start accumulating crypto gaming coins with potential to provide high returns.
Clearly, $40k Bitcoin does not imply that the market won’t suffer yet another decline, but this could be the moment at which one could start accumulating crypto gaming and metaverse coins with high return potential.
Despite possible short-term losses, the crypto market reset will result in long-term gains.
Over time, small investments would compound over time, so if you’re gonna use this strategy, you must be prepared for potential short-term pain before seeing any rewards.
The Crypto Sentiment in Hard Times
What makes such a difficult time to speculate on the crypto market movements right now?
It turns out that there’s more to it than meets the eye. Consider the Fed increasing rates, or the stock market, which is doing poorly at the moment. On the other hand, the dollar is doing well right now. All of this complicates speculation on market movement right now.
Generally, people leave crypto when these things happen. Boredom sets in, interests change, and they stop paying attention to crypto. The idea is to have a short-term and long-term plan in regards to how we can best take advantage of these low markets.
When markets are down, what we really need to do is keep a close eye on it, not to lose the chance to get in at the right time.
Just watch very closely. Keep your attention intact. The moment everyone starts to act superhyped and go wild, you can loosen up a bit, but not now. The stakes are too high and the gains could be too good to miss.
The Bear Market Plan
So, what is the narrative and what can we do to approach the crypto gaming market at a good time and how do we do this?
Despite the overall bear market at the moment, NFTs, Metaverse, and Crypto Gaming trends are on the rise, which is truly interesting to notice.
Here we are discussing strategies for how to make use of such big movements, looking at them the right way and doing what most people overlook in a bear market.
Generally speaking, the bear market is a great equalizer and an investing superposition to be in when it’s happening.
Currently, the outlook is extremely bearish. It is not just the cryptosphere. Even the stock market is on a downward spiral at the moment. It is possible that the crypto market may experience the same discomfort.
We’ll have to wait and see how things shake out.
Consider other scenarios
It is highly unlikely, but assume that Bitcoin continues to fall and we get a very painful bear market that pulls Bitcoin down to $15k – 20k.
We can take the bets if that happens. Why? You will actually find that every gaming coin – even if it is just a decent one – will be at a bargain price, so you can just choose the ones that are consistently good.
In the near future, the world is going to see a monumental Metaverse run with all companies from all around the world jumping in.
It is just a matter of time before that happens.
How to pick up the right projects?
Right now, if we’re looking at the gaming coins, we may want to focus on projects that aren’t really built around a single game. But why would we want to do that? The answer is simple: games come and go.
It could be wise to focus on something that is built on solid metaverse infrastructure since those will probably still exist, and if there is a big pump, they will still catch it.
Keep in mind that Facebook has an interest in the Metaverse. Other companies are interested in it as well. It appears that many of them completely bypassed bitcoin and instead entered crypto gaming and the metaverse.
So, if we go into a hard crypto reset, the Metaverse could be coming back big time. Considering the number of big names who have entered the space recently, it shouldn’t be a surprise.
Crypto Gaming Teams
The games are popular, we know that. The games with an ecosystem with a lot of players which have shops and in-game coins that are in demand are the ones we want to consider.
The platforms they have adopted and the partnerships they have are also important elements to take into account.
Essentially, looking at the projects people are actively using and seeing what has been built by the teams behind them in the past is also a good indicator for measuring future success.
Those experienced teams have worked on multiple projects outside the crypto space in the past, so their experiences will have a huge impact on the future performance of the projects they are working on currently in the metaverse and crypto gaming.
Metaverse is going to involve quite a number of powerful teams who are going to make a significant difference.
Top 5 Crypto Gaming / Metaverse Coins 2022
As we accentuated, these are no crypto investment pieces of advice you should blindly follow, but rather something that can help you see the crypto gaming market movement from a bit different perspective.
Here are the Top 5 crypto gaming and metaverse coins 2022 we identified as potential winners in the coming period.
Enjin (ENJ)
Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin’s flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores.
Enjin allows game developers to tokenize in-game items on the Ethereum blockchain. It uses Enjin Coin, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold and traded with real-world value.
Enjin Coin was first announced in July 2017, and it launched on the Ethereum mainnet in June 2018.
Enjin Coin (ENJ) is a digital store of value used to back the value of blockchain assets like non-fungible tokens (NFTs). Every asset minted with the Enjin Platform contains ENJ, a minting resource which is locked inside NFTs and removed from circulation. Minting blockchain assets with ENJ provides a variety of benefits to creators and users:
- Infuses them with a reserve value
- Ensures their transparency and scarcity
- Gives them instance liquidity
- Provides utility in games and apps
- Anti-inflationary
- Enjin’s “melting” functionality allows users to destroy their blockchain assets at any time to retrieve the ENJ value from within.
The Enjin blockchain ecosystem aims to offer software products that make it easy for everyone to develop, trade, monetize, and market with blockchain.
Founded in 2009, Enjin has roots in the gaming industry, with the company’s first product, a gaming community platform called the Enjin Network, growing to 20 million users over the course of a decade.
In 2017 following an ICO, Enjin established itself as a leading blockchain ecosystem developer, building a suite of software products that enable anyone to easily mint, manage, trade, distribute, and integrate blockchain assets.
Enjin’s co-founder Witek Radomski wrote the code for one of the first-ever non-fungible tokens (NFTs) and is also the co-author of the ERC-1155 Ethereum token standard.
Built on top of an on-chain infrastructure, the Enjin ecosystem enables game developers and businesses of all sizes to use tokenized digital assets as part of their acquisition, retention, engagement, and monetization strategies. The Enjin ecosystem is fueled by Enjin Coin (ENJ), a cryptocurrency used to back the value of blockchain assets.
Who Are the Founders of Enjin Coin?
Enjin was founded as a gaming community platform in 2009 by Maxim Blagov and Witek Radomski, with Blagov becoming CEO and assuming responsibility for the creative direction of the company and Radomski serving as chief technical officer, responsible for the technical development of its products.
Blagov has described himself as having experience in creative direction, marketing, and software project management and design.
The idea of introducing blockchain to Enjin was first proposed by Radomski after he became interested in Bitcoin (BTC) in 2012, eventually convincing the company to accept it as a payment option.
After learning about Ethereum and smart contracts, he decided he wanted to create his own blockchain-integrated software. Radomski is also the author of the ERC-1155 token standard, a new standard for Ethereum-issued tokens that was introduced in June 2018, finalized in June 2019, and is used for minting both fungible and nonfungible tokens.
What Makes Enjin Coin Unique?
According to co-founder Radomski, Enjin Coin is unique in that every token minted with Enjin Platform, the company’s blockchain asset development platform that launched in February 2020, is directly backed by ENJ, giving in-game items real-world liquidity.
Similarly, Blagov has stated that the company is focused on adoption, saying he imagines a future in which millions of gamers use digital items backed by Enjin Coin without even knowing it exists.
Enjin Coin uses a series of smart contracts to which game developers send ENJ to mint new, unique fungible or nonfungible ERC-1155 tokens.
These tokens can be traded on the Enjin Marketplace, which launched in September 2019, or exchanged for their backing ENJ at any time. As more custom tokens are minted, more ENJ is removed from the ecosystem, thus making it scarcer.
According to its whitepaper, Enjin Coin uses a series of both on-chain and off-chain processes. When a transaction is completed within the Enjin ecosystem, a Trusted Platform contacts the users’ smart wallets, and the website or game is updated immediately with a placeholder or nontradable version of the digital item until the transaction has been validated by the Ethereum blockchain.
Verasity (VRA)
Founded on May 18, 2018, Verasity (VRA) is the next generation of video-sharing aimed at creating a fair system for creators to earn from their work, and advertisers to gain value for their ad spend.
It achieves this through its proof-of-value (PoV) protocol, its product layers, and its platform esportfightclub.com — a pro-gaming streaming platform which features esports tournaments like PUBG Mobile — which is Verasity’s most important use case according to their whitepaper.
The website combines all of Verasity’s products into one platform owned and controlled by Verasity. With a growing number of users, the platforms offer rewards in $VRA for watching, subscribing and winning.
Verasity.tv, another product of Verasity aggregates publishers for YouTube, Twitch, Vimeo, JWPlayer, Brightcove, VideoJS, Kaltura, FlowPlayer, iVideoSmart and publishers on other platforms were struggling to earn revenue for their work.
Advertisers are not willing to spend as much money on current advertising platforms like Google and Facebook because they are not confident that humans are looking at it all. Verasity’s proof-of-view protocol layer technology detects and eliminates fraud in real-time.
It uses over 200 touchpoints to ascertain whether humans or bots are watching a video. Verasity also hopes to expand its proof-of-view technology and data storage technology to non-fungible tokens (NFTs). Verasity’s on-chain verification will make NFTs more valuable and add an extra layer of authentication to ownership claims.
Who Are the Founders of Verasity?
Verasity (VRA) was founded by a team of professionals with a proven record in the video and media industry. They work full-time at Verasity, and they have been collaborating since 2017.
Mark R.J., founder of Verasity, was involved in the research and development of a compression algorithm for streaming applications used at Action TV in the United Kingdom in 2000. He later had a stint as CEO at a data management company — Datacard, which included several popular brands.
Mark managed and founded other companies in media technology and privacy management before starting Verasity. He has over two decades of experience in media technology and streaming applications.
Director of the University Foundation, David Archer is a Solicitor, Barrister, and graduate of the London School of Economics and Political Science. Sergy Molybog, Kyrylo Bibik, and Dmytro Medianik are all specialists in general and object-oriented programming languages. They develop and manage the technology stack with other members of the Varsity team.
What Makes Verasity Unique?
Verasity is mostly unique for its proof-of-view protocol technology, the first patented protocol layer that produces precise, secure and verifiable audience metrics. Users can watch, earn and play on the Verasity Esportfightclub platform.
The Verasity watch and earn SDK is already being integrated by about 2 million publishers, each of which boasts a total website audience of 550 million views and a combined 110 million views monthly.
Verasity also offers a completely built-out functionality that serves broadcast publishers perfectly. The functionality runs on a UDP transport protocol and supports direct broadcast over the cloud.
It has been tested with over 8 PB of data per month. Its SDK/OVP integration suits content creators and large-scale video publishers without significant changes in their workflows.
Its ad stack and waterfall help platforms manage timeout problems that may result from having multiple service switching points, and networks in one stack. Advertisers can buy VRA tokens to reward viewers for their attention.
Programmatic partners of Verasity relay video ads and when a viewer views, the VRA token is paid. Verasity will reward viewers for holding their VRA tokens to encourage and increase demand for VRA across a broad spectrum of enterprises and individual users.
VRA can be earned for viewing and spent on multiple exchanges or held for rewards in APY. The project earns from the Esport platform which uses a pay-to-play setup involving subscription and membership packages.
Verasity also gets a cut from the pools in jackpot tournaments on the platform. Other sources of revenue are fees for using its PoV, ad stack, waterfall and sales of modular B2B products.
Bloktopia (BLOK)
Bloktopia is a decentralized metaverse backed by and built on Polygon. In Bloktopia, a decentralized virtual reality skyscraper made up of 21 levels (as recognition to 21 million Bitcoin) acts as a central hub for users to have access to crypto information and immersive content in one place. The so-called Bloktopians can educate themselves in the basics or more advanced crypto learnings, earn revenue by owning virtual real estate, play games, build networks and more. Moreover, advertisers and sponsors can monetize the platform’s userbase through a dedicated NFT mechanism. By providing a VR experience for the crypto community, users can engage in an immersive environment according to Bloktopia’s four core pillars: learn, earn, play and create.
Who Are the Founders of Bloktopia?
Bloktopia is built by experienced blockchain veterans, headed by CEO and co-founder Ross Tavakoli. A “Crypto OG” who has been active in the cryptocurrency space since 2015, Tavakoli’s experience helps Bloktopia with retail investment in the platform. CMO and co-founder Paddy Carrol has worked for some of the UK’s largest brands like BT Group and Sky. The team is complemented by CTO Simon Benson, the project’s tech lead with over 25 years of commercial development experience, and CIO Libby Rothwell, with over 15 years of experience in the film industry.
In addition, Bloktopia has an array of investors that have helped it build a community of over 300,000 followers on Twitter. Animoca Brands, one of the biggest crypto VC funds, is its lead investor and was joined by funds like AU21 Capital, Magnus Capital, Polygon and Avalanche.
What Makes Bloktopia Unique?
Bloktopia aims to create a highly engaging user experience by adding several elements Bloktopians can interact with on the platform.
To engage with Bloktopia’s high-end metaverse, one needs to create an avatar that spawns outside the Bloktopia 21-story skyscraper. Entering the first level, you can get cryptocurrency pricing information, turn to the helpdesk or use the navigation area. You can also get an overview of events taking place in the metaverse on that day, and Bloktopia expects high demand from exchanges and crypto influencers for advertising space in this area.
The auditorium will host immersive and interactive video presentations from crypto influencers and will constitute part of the key events in the Bloktopia metaverse. There will also be another floor hosting a penthouse and gaming section, where users can compete for BLOK in multiplayer games, family-friendly games, or casino games like poker.
Furthermore, there will be the option to purchase real estate represented by an NFT, which can later be leased to advertising parties or used to host your own events. Bloktopia also offers 21 large totems and 84 small totems called ADBLOK, located on the first floor of its skyscraper and are considered excellent advertising opportunities.
Thus, users are able to unlock multiple streams of passive and active income, access educational and learning tools about crypto, and take part in virtual events and gatherings.
Seedify.fund (SFUND)
Seedy.fund (SFUND) is a blockchain ecosystem with a community-driven seed-stage fund, decentralized incubator and launchpad. The project expands opportunities for blockchain gaming and gamers, through involvement mechanisms and community feedback.
Interested game innovators submit their project proposal to the Seedify.fund decentralized autonomous organization (DAO). Then, the community votes, and if passed, the entrepreneurs become part of the Seedify incubation program and receive their seed fund. At the same time, community members can take part in the success of projects and be rewarded, thereby forming a decentralized finance (DeFi) seed fund mechanism.
Seedy acts as a launching pad for blockchain games and the disruptive play-to-earn gaming model. The gaming industry is gradually entering a new era — previously gamers may spend large sums of money on in-game items with no direct monetary benefits. However, they are now able to make money by earning in-game item non-fungible tokens (NFTs) and tokens, which is facilitated by the play-to-earn revolution.
Blockchain technology has not only opened up more opportunities for gamers and game developers, but it has also offered additional forms of benefits like transparency, ownership, incentive models and digital ownership through NFTs.
The team behind the Seedify project are pursuing a global goal: to acquaint gamers with the blockchain and increase the rate of technology adoption, attract a huge number of users, create more jobs and financial benefits.
Who Are the Founders of Seedify.fund?
Levent Cem Aydan is CEO of Seedify.fund. The founder of the company has ten years of entrepreneurial experience, and started showing interest in the blockchain ecosystem in 2012. In 2018, he became disillusioned with the approach of private equity towards fledgling cryptocurrency start-ups. Along the way, he encountered many problems in the field of venture capital, so he decided to focus on finding decentralized solutions for fair fundraising for entrepreneurs.
In 2021, Seedify.fund was born to enable SFUND token holders to vote on which projects are funded. Seedy allows token holders to vote proportionally to their holdings on project proposals, as well as participate in governance of key decisions that Seedify faces.
What Makes Seedify.fund Unique?
The Seedy platform provides and supervises Initial Game Offerings (IGOs), supports pioneering blockchain games, ensures project funding, helps to build a community of gamers, and creates a marketing strategy. Thus, the Seedify community has the opportunity to receive tokens for nascent games before they are listed on exchanges.
In the Seedify.fund ecosystem, functions and mechanisms interact as a whole, supporting each other and offering benefits for all parties in the process. The main products are: funding pool, incubator, community involvement programs, community involvement rewards, staking, launchpad, yield farming, Seedify DAO and the solution partners program.
A key feature of the Seedify platform is a decentralized (DAO-based) seed funding mechanism that is responsible for making funding decisions for startups using the DAO voting system. The community-powered incubator is community-driven and built on experience and expert knowledge. The funding pool shares staking rewards and makes all resources transparent to the community, while security is ensured via the blockchain.
The Seedy launchpad is an opportunity for blockchain gaming startups to promote their product. The benefits for SFUND investors include early access to promising P2E projects. Startups give Seedify 3% of its total token supply to cover costs, plus transfer some part to the SFUND holders in the form of a reward. In this way, token holders both support the startup and receive a return on investment.
Ultra (UOS)
Ultra describes itself as a blockchain-based, PC game distribution platform designed to provide both gamers and game developers with new opportunities. It consists of an ecosystem where gamers can, on top of buying and playing games, resell their used games and items, and earn money through their participation in Ultra. Game developers will benefit from new revenue streams, SDKs, overlay technologies and blockchain tools that power up their games via features like item distribution. The product is expected to launch to the public in 2020.
Ultra has developed its own customized EOSIO blockchain which aims to provide free user account creation and higher transaction throughput through better resource allocation. Partnerships for Ultra include the semiconductor company AMD and the gaming publisher Ubisoft.
The Ultra token (UOS) serves a variety of purposes within the Ultra platform, both at the protocol (staking) and at the app level (transactions).
Disclaimer: The information provided on this page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. This content is the opinion of a third party, and this site does not recommend that any specific cryptocurrency should be bought, sold, or held, or that any crypto investment should be made. The Crypto market is high-risk, with high-risk and unproven projects. Readers should do their own research and consult a professional financial advisor before making any investment decisions.
