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Metaverse is gradually transitioning from another tech buzzword to a reality. With tech giants such as Meta (previously Facebook) and renowned celebrities purchasing virtual properties in the metaverse, it has come to stay.
Cryptocurrency is one of the fundamental foundations of the metaverse. Transactions can be conducted with crypto tokens to speed up the rate of transaction completion among other benefits.
Two tokens have been prominent for metaverse transactions: Axie Infinity (AXS) and Chronoly (CRNO). They are currently locked in a supremacy battle as metaverse’s most influential tokens, which of them will win the battle?
Chronoly.io (CRNO) is a formidable foe that can give Axie Infinity a good run for its money and usability. It has everything required to position itself as the best metaverse token.
Chronoly is a new but powerful project on the cryptocurrency block. It is the first of its kind in the watch investment business. The platform is designed for crypto investors to invest in special and rare timepieces from legendary watchmakers like Rolex, Richard Mille, and more.
Chronoly mints NFT watches which it later breaks down into smaller fractions for prospective investors to invest in with as little as USD 10. Each minted watch has a corresponding physical version which investors own fractions of, depending on their investment.
Investors who can afford to invest in 100% of a luxury watch’s NFT fractions can redeem and own the physical version of the minted watch. The allure of owning a luxury watch and other incentives are driving the project towards accelerated appreciation.
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