• Five long-term crypto projects that are expected to boom in 2023 are Metacade (MCADE), Decentraland (MANA), Shiba Inu (SHIB), The Sandbox (SAND) and Polygon (MATIC).
• These projects offer a variety of services to users such as a web3 gaming arcade, a metaverse platform, and a blockchain-based play-to-earn platform.
• Token holders can earn passive income from these projects in addition to the primary functions.
2023 promises to be a year of growth and opportunity for the crypto market. After a challenging year in 2022, investors are expecting to see green shoots of recovery in the coming year. With an increasing number of projects offering a variety of services, investors have the opportunity to invest in projects that have the potential to generate lucrative returns.
One such project is Metacade (MCADE), a web3 gaming arcade that is creating the biggest gaming hub in the metaverse. Gamers can play casually against friends and family or participate in play-to-earn (P2E) tournaments with the chance to win lucrative crypto prizes. In addition to providing a gaming platform, MCADE token holders can earn passive income through the Create2Earn initiative, which rewards users for engaging socially with the community.
Other projects to look out for in 2023 include Decentraland (MANA), a virtual reality platform that enables users to create, experience and monetize content in an immersive 3D environment. The project has already seen major success and is expected to continue to grow in the coming year. Shiba Inu (SHIB) is another project that is set to benefit from the market recovery. The project is a decentralized platform that allows users to trade, lend, borrow and tokenize cryptocurrencies.
The Sandbox (SAND) is a blockchain-based gaming platform that allows users to create, own, trade, and monetize their gaming experiences. The project has seen major success with its NFT marketplace, and is expected to continue to grow in 2023. Lastly, Polygon (MATIC) is a layer 2 scaling solution that is designed to enable faster and cheaper transactions. The project has seen major success in the DeFi space and is expected to continue to rise in the coming year.
Overall, investors should keep an eye out for these five projects in 2023 as they are likely to offer great returns if they are invested in correctly. With the right strategy and research, investors can maximize their profits and generate a steady passive income in the long-term.