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Moshnake (MSH) is a new cryptocurrency preparing to hit the crypto market. With its underlying potential, Moshnake may be said to be the next Sandbox (SAND) or ApeCoin (APE).
Thanks to their growing community, The Sandbox (SAND) and ApeCoin (APE) projects made remarkable successes. Moshnake (MSH) hopes to capitalize on a community-driven model to attract more attention and users to its platform.
In this article, we will be looking into the success of The Sandbox (SAND) and ApeCoin (APE), as well as how Moshnake (MSH) can replicate such.
The Sandbox (SAND) is a virtual gaming platform built on the Ethereum blockchain. It creates a virtual world where users can build, own, and monetize their game experience.
The Sandbox (SAND) is driven by a goal – to allow creators to benefit from their various game creations. Therefore, its ecosystem consists of user-generated game creations. It also retains value and user copyrights through smart contracts on the blockchain.
Three tokens power The Sandbox blockchain. The native ERC-20 token, SAND, is basically used for transactional purposes. LAND is an NFT asset used to populate the Sandbox Metaverse, while ASSETS serves as a creative element used by creators who generate users' content on The Sandbox platform.
The Sandbox Metaverse has been a center of attraction for a growing user base of over 2 million with more expansion plans.
ApeCoin (APE) is a decentralized autonomous organization (DAO) with a booming community geared towards the growth and development of the Bored Ape ecosystem. It became prolific courtesy of the Bored Ape Yacht Club (BAYC) NFTs, which stormed the NFT market. The BAYC is known for its NFT collections, which have garnered over 145,000% in profits since their release.
ApeCoin is a Metaverse-driven cryptocurrency built by Yuga Labs, owners of BAYC. The ApeCoin DAO is known for its financial governance and ability to contribute to the future of cryptocurrency. ApeCoin, according to its creator YugaLab, will facilitate holders' access to events, services, and exclusive merch on its platform in the future.
APE is the native token of ApeCoin. In March 2022, the token was recorded as the most traded token by Ethereum whales. This feat shows the importance of the token to the BAYC NFT collections.
Furthermore, some notable gaming companies – like ANIMOCA – utilize the APE token as their NFT transactional currency. This move could boost the usage and adoption of BAYC NFTs, thanks to their quality graphics and images. Also, game developers – like nWAYPLAY – are collaborating with BAYC to utilize the APE tokens for their play-to-earn services.
Moshnake (MSH) is entering the cryptocurrency market with a gaming strategy – to ignite users' sensitivity to the legendary xenzia snake game. This move by Moshnake (MSH) could help see it gain more popularity against its peers in the gaming world.
Moshnake (MSH) also capitalizes on building a broader connection with people across the globe, thereby creating a sustainable community-driven project. The gaming platform also presents exciting NFT packages for its users, such as Mamba, Viper, Kraits, and Cobra.
Aside from its inclusion of NFTs, Moshnake (MSH) also offers an environmentally friendly ecosystem and a centralized exchange for its gaming community, thanks to the Binance Smart Chain (BSC).
The native token of the platform is the Moshnake Token (MSH), which also serves as its governance token. In contrast, the Venom Token (VEN) serves as the in-game currency for purchasing NFTs and other transactions. Both Moshnake and Venom are BEP-20 tokens.
The Moshnake (MSH) platform aims to deliver a faster and cheaper gaming experience to users. Therefore, the platform expects a large user base with high transaction volumes.
With its aim of delivering a classical gaming experience and its integration of NFTs, Moshnake (MSH) is expected to become the next Sandbox (SAND) and ApeCoin (APE).
Presale: https://www.moshnake.io/how-to-buy
Website: https://moshnake.io
Telegram: https://t.me/MoshnakeOfficial
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
