The hype surrounding the so-called metaverse – particularly for two of its finest exponents in Decentraland (MANA) and The Sandbox (SAND) – was already yesterday’s news at the end of 2022. Both The Sandbox (SAND) and Decentraland (MANA) lost as much as 96% of their entire market cap due to a complete and total lack of active user growth.
At the same time, the bear market that obliterated metaverse tokens in 2022 gave rise to promising projects with a lot of legroom to run. One of these tokens is Uwerx – a token yet in its presale phase, which means early investors can make some serious gains by participating in its presale. Let’s see why Uwerx is a better proposition in 2023 than Decentraland (MANA) and The Sandbox (SAND).
The Sandbox (SAND)
The Sandbox (SAND) was once one of the top metaverse-theme coins. The Sandbox (SAND), like Decentraland (MANA), is a virtual world platform that once enjoyed renown among NFT collectors for how it enables them to create content in its metaverse and sell them in the form of NFTs. This can be real estate, in-game items, or metagames within the platform for the chance to earn The Sandbox (SAND) tokens.
The Sandbox (SAND) is currently priced at $0.59 per SAND token, has since recovered a bit of its market capitalization in 2023, which currently sits at $225,854,356 as of this writing. The Sandbox (SAND) lost as much as 84% of its all-time high values, but analysts remain bullish long-term as the metaverse matures.
Decentraland (MANA)
Decentraland (MANA), like The Sandbox (SAND), enjoyed a pump as 2023 began. Decentraland (MANA) token prices enjoyed a 121% boost over the past month, like other metaverse and gaming tokens did. Decentraland (MANA) has been around since 2018, and users of its virtual platform can use Decentraland (MANA) coins to swap for LAND tokens. The latter allows users to purchase virtual real estate on its metaverse platform.
Thus far, however, Decentraland (MANA) has yet failed to gain massive traction which is understandable as the metaverse technology continues to mature. However, both Decentraland (MANA) and The Sandbox (SAND) holders should expect another bearish 3-5 years before it really takes off.
Uwerx (WERX)
Uwerx is a newly-launched blockchain protocol on its presale phase that aims to bring the trillion-dollar gig economy to web3. That is to say, Uwerx will build a web3-enabled freelance job platform to challenge the near-monopoly Web2 platforms like Upwork and Fiverr have thus far enjoyed in the sector.
Uwerx can take a sizable chunk out of that trillion-dollar freelance market, as the gig economy continues to grow exponentially to the tune of over 90 million remote workers in the United States by 2028.
Upwork, which Uwerx plans to compete with, has enjoyed over $500 million in revenues last 2022 and nearly $4 billion in job milestones. The market is big, and these statistics give us a hint of what Uwerx can achieve in the crypto space.
The best time to buy into a crypto is during its ICO or early in its lifecycle, and Uwerx gives its presale investors exactly that – an opportunity to make life-changing gains thanks to its value proposition, strong fundamentals, and real-world use cases. Better still, Uwerx has been given the green light by InterFi Network and SolidProof after its successful audits, which should give presale buyers peace of mid.
The dev team also plans to lock up dev liquidity over the next 2 decades, making Uwerx a long-term strong hold for crypto investors. Its WERX token is available at $0.0075, a considerable steal considering the 25% purchase discount analysts predict WERX to hit heights of $6-$7 in 2024 .
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network/
