Interpol intends to police the Metaverse. This asks several legal, technological, and even ethical questions. Whatever the outcome, it will affect the metaverse players such as Decentraland (MANA) and The Sandbox (SAND), offering an exciting opportunity for the investor to leverage tokens such as TMS Network (TMSN) – now in the first phase of its presale at a price of $0.0047 – to their advantage.
Decentraland (MANA) and The Sandbox (SAND) – Two Key Metaverse Influencers
One of the key drivers in the Metaverse is the capacity to create – then buy and sell – digital assets. Any transaction needs a currency, and Decentraland (MANA) and The Sandbox (SAND) are the two most significant coins in this sphere.
Decentraland (MANA) is about creating a virtual world where users can create, experience, and monetize content and applications. In Decentraland (MANA), users own their virtual land and can use it to build anything they like, from games and experiences to virtual shops and more. Trading assets in Decentraland uses the Decentraland (MANA) coin, which can be earned in the Metaverse, and Decentraland (MANA) coins can be bought and sold on exchanges.
The Sandbox (SAND) is a gaming platform where users can create, share, and play games and experiences. In The Sandbox (SAND), users can purchase virtual real estate, such as virtual plots of land, and use them to create and publish games and experiences that others can play. These digital assets’ monetization is driven through The Sandbox (SAND) coin.
Since Decentraland (MANA) and The Sandbox (SAND) tokens can be bought and sold independently of their platforms, they are as relevant and real a cryptocurrency as Bitcoin (BTC) – and, by Interpol’s reasoning — crimes in the Metaverse “are as real as crimes in the physical world.”
While this proposed policing is subject to arguments both for and against, it hasn’t influenced the prices of either Decentraland (MANA) or The Sandbox (SAND), both of which are in a strong upwards trend.
Decentraland (MANA) has doubled in value since New Year’s day, and The Sandbox (SAND) returned a substantial 50% month-on-month recovery.
Interpol’s involvement in the Metaverse may be the sense of security crypto investors need, with legal recourse in the digital sphere. This confidence will reflect in coin prices, and the price forecast for both Decentraland (MANA) and The Sandbox (SAND) is incredibly favorable.
TMS Network (TMSN) – An Exchange To Bridge the Metaverse Gap
The cryptoverse is still in its infancy, and many challenges still need to be resolved. TMS Network (TMSN) is a new, first-of-its-kind decentralized exchange where traders can trade on CFDs, stocks, forex, and crypto assets — including Decentraland (MANA) and The Sandbox (SAND) — without needing a third-party intermediary.
Market trading is powered by TMS tokens. Trading on the TMS Network (TMSN) offers traders and investors the ability to deposit and withdraw funds instantly, earn commissions, and trade using reduced fees compared to other platforms.
All TMS Network (TMSN) trades are open for scrutiny on a public ledger, lending greater transparency to all trades. This drastically reduces the risk of opportunistic cyber criminals and makes TMS Network (TMSN) a more efficient trading network.
The convenience and functionality of TMS Network (TMSN) open up a new way to engage with the Metaverse. TMS Network (TMSN) is set to become a significant influence in the cryptoverse. Early investors tend to see exponential growth and high returns, and investing in TMS Network (TMSN) is something the savvy crypto investor will be well advised to consider.
The post Interpol Considers Policing Metaverse. How Will This Affect Decentraland (MANA), The Sandbox (SAND), and TMS Network (TMSN)? appeared first on Analytics Insight.