Which Crypto Investment Reaches $10 By 2023: Play-to-Earn Virtual Real Estate MANA Or Gaming Coin SAND | Battle Between Decentralized vs Centralized Blockchain

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Which crypto metaverse investment reaches $10 first?  The race is between two different play-to-earn coins…

  1. Decentraland (MANA) specializes in buying and selling virtual parcels land, estates, avatar wearables and names.
  2. And The Sandbox (SAND), which is a community-driven platform where creators can monetize voxel ASSETS (3D pixels) and gaming experiences on the blockchain.

It’s a battle between MANA, which is decentralized, and as of this writing, SAND which is centralized (it does have plans to establish a DAO in 2023 – will become decentralized).  What will the price prediction be by December of 2022?  Which investment will win out – virtual gaming or real estate – decentralization or centralization?

If you are looking for the two biggest metaverse and play-to-earn platforms, then it’s got to be Decentraland and The Sandbox. But which one is a better investment? Both are created on the Ethereum network.

Decentraland was developed in 2017 by Esteban Ordano and Ariel Meilich as a virtual platform for creating and monetizing applications and content. It is powered by three assets- MANA, LAND, and WEAR. It is the first blockchain metaverse that is run by a DAO. CoinFund, FBG Capital, and Digital Currency Group are some of with notable investors asides from the partnerships they have with Samsung, Polygon, and Cyberpunk among others.

The Sandbox metaverse was released to the public in November 2021 under Arthur Madrid and Sebastien Borgat. It has four tokens- SAND, LAND, ASSET, and GAMES. It is backed by one of the largest investment companies, SoftBank. It aims to make blockchain gaming popular.

While MANA is an ERC-20 token that must be burnt to purchase LAND on Decentraland, SAND is a utility token used to perform transactions on The Sandbox. Both work on the proof-of-stake consensus method. Although The Sandbox has plans to establish a DAO where SAND serves as a governance token, it is yet to be implemented.

Decentraland has 90,601 plots of land, while The Sandbox has over 160,000 parcels of land. While LANDs are ERC-721 standard, The Sandbox also uses ERC-1155. LANDs can form individual plots, estates, and districts in both metaverses except for plazas which only exist on Decentraland.

SAND is selling for $4.07 right now with a market cap of $3.7 billion, while MANA costs $2.55 now with a market cap of $3.86 billion. Although this implies that people are investing in MANA over SAND, Decentraland is less of a gaming platform than The Sandbox. This might push people to The Sandbox in the long run. Also, Decentraland is decentralized but this will change when The Sandbox implements its DAO.

In November 2021, both tokens peaked at $8.40 and $5.85, respectively before settling at their present prices. While they are both similar in almost every respect, SAND is the better investment in the long run. If you are invested in metaverses and play-to-earn, then get yourself some SAND. However, if you are an investor, do proper research and deal wisely.

Via this site: Is Decentraland (Mana) or SAND coin a good investment? How much both crypto worth and What is Their Future?