What is RWA Trend?
The crypto market is in a real-world asset (RWA) trend which means investors are seeking projects that will grant them ownership of real-world assets.
Decentraland (MANA)
Decentraland (MANA) is an Ethereum-based virtual reality (VR) world. Decentraland (MANA) allows users to purchase land, build on it, and monetize it. Also, they can interact with the applications that are built by other users. Because of its decentralised nature, Decentraland (MANA) users enjoy complete ownership of their products. MANA and LAND are the two prominent tokens of the Decentraland (MANA) ecosystem.
MultiversX (EGLD)
MultiversX (EGLD) is a high-throughput blockchain that aims to champion growth in the metaverse. Theoretically, the MultiversX(EGLD) blockchain is capable of 1000x throughput than most existing blockchains. Adaptive State Sharding, Secure Proof of Stake consensus mechanism, and Elrond VM are some of the key features of this network.
HedgeUP(HDUP)
HedgeUP offers asset-backed NFTs at affordable prices and experts recommend HedgeUP as one of the best options for investors looking for RWAs.
Conclusion
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Decentraland, MultiversX, and particularly HedgeUP, offer promising options for those looking to invest in real world assets through cryptocurrencies. As of press time, Decentraland was trading at $0.69 with a 12% increase in the past seven days while MultiversX was trading at $43.11 with a 4% increase over the same period.
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