A new crypto metaverse project is taking the web3 industry by storm. RobotEra, a soon-to-be-launched robot/space-themed gaming metaverse that plans to incorporate a mixture of play-to-earn and player-versus-player games within its interactive world, is being as the next big decentralized metaverse success story.
Some think it could topple existing competitors like The Sandbox and Decentraland, thanks to its greater emphasis on creating a fun, immersive and gamified playing experience. RobotEra metaverse takes place on a fictitious post-apocalyptic robot-ruled planet called Taro. Your task, alongside your fellow players, is to rebuild a new robot civilization.
Step into the world of unlimited possibilities with #RobotEra!
#RobotEra offers you the freedom to create everything you can imagine and start a new era with other Robots
Join now ⬇️https://t.co/nBnvUcnbzU #P2E #NFT pic.twitter.com/krzRArnwUl
— RobotEra (@robotera_io) February 7, 2023
Ahead of its launch, RobotEra is conducting a presale of the TARO token that will be used as an in-game currency. In the few months since the launch of its presale, RobotEra raised a whopping close to $850,000.
NEW MILESTONE ACHIEVED
✅ UNIQUE PLAY-TO-EARN EXPERIENCE
✅ MULTIPLE WAYS TO EARN
EXPERIENCE GAMING LIKE NEVER BEFORE
1 TARO = 0.020 USDT
JOIN THE #ROBOTERA ARMY TODAY ⬇️https://t.co/nBnvUcnbzU#NFT #P2E #crypto pic.twitter.com/RsqOuWXhVC
— RobotEra (@robotera_io) February 3, 2023
Tokens are currently being sold for $0.02, but that price will soon rise to $0.025, so interested investors should get in quickly. RobotEra also plans to begin sales of NFT robots that players can use within its metaverse soon. Investors who have already bagged themselves some TARO should stay tuned. Analysts at Business 2 Community have ranked RobotEra fourth out of the best 16 play-to-earn games for 2023.
What Kind of Returns Could RobotEra Investors Expect if it Surpasses The Sandbox?
The Sandbox currently has a market capitalization of around $1 billion, with about 50% of its maximum supply of 1.5 billion SAND tokens in circulation. That means The Sandbox’s fully diluted market cap is actually just over $2.0 billion.
RobotEra TARO token has a maximum possible supply of 1.8 billion tokens. So the current presale price of $0.02 means that RobotEra has a fully diluted market capitalization of $36 million.
So imagine if RobotEra is a big success in 2023 and, by 2024, its diluted market capitalization has caught up to The Sandbox’s. That would mark 55x returns and imply a TARO price of $1.11. But that’s assuming that The Sandbox’s price doesn’t go up.
If the crypto bull market is coming back this year, The Sandbox could easily see 5x returns and a fully diluted market cap of closer to $10 billion. If RobotEra had a fully diluted market cap of $10 billion, that would imply a TARO token price over $5.50, or a more than 277x return.
All of this might sound a bit farfetched. But according to CoinMarketCap, The Sandbox ICOed at $0.0083 per token. Its current price of $0.73 implies an 88x return. And that’s despite SAND being down 90% from its record highs hit in 2021.
What is Robot Era?
Observers think RobotEra has the potential to become a viral metaverse sensation, owing to its exciting and unique gameplay that its developers hope to achieve. Players will be able to create a robot non-fungible token (NFT) through which they will interact with the sci-fi-themed RobotEra metaverse. Using TARO, RobotEra users will be able to buy and sell land within the metaverse, as well as a host of other in-game NFTs, such as NFT robots and items.
Players will be able to develop and build on their land, with RobotEra planning to incorporate an element of play/build-to-earn into the metaverse, where users can essentially mine TARO. Players wishing to build the RobotEra metaverses won’t need coding skills, all they will need to do is master RobotEra’s simple in-game building tools.
RobotEra players will be able to build and compete in games, which RobotEra says will offer players another avenue to earn TARO. RobotEra envisages that, as with other established crypto metaverse players such as Decentraland, “real world” businesses and brands will eventually be attracted to RobotEra’s metaverse. They will be able to purchase and develop land in order to promote their business.
Meanwhile, RobotEra will offer creators and artists a new way to interact with fans. They will be able to create and distribute real digital assets which will be tradeable within the game to fans. RobotEra also envisages that various groups and communities will migrate to its metaverse, with the platform offering an excellent space for communities to gather.
An added benefit to owning TARO is that it also functions as RobotEra’s governance token, with its holders able to vote on the project’s development. The currency is issued on the Ethereum blockchain as an ERC-20 token with a maximum supply of 1.8 billion, a low supply in comparison to many other similar crypto projects.
For all of the above reasons, RobotEra’s TARO token was ranked as Business 2 Community’s fourth-best pick out of the best 13 best presale tokens to invest in this year. Plenty of prominent cryptocurrency investors and influencers are interested in the token.
To learn a little more about TARO and RobotEra, watch the below video by popular crypto educator Jacob Crypto Bury.
- 16 Best Play to Earn Games in 2023 – Business 2 Community
- How to Buy RobotEra Crypto Tokens – Beginner’s Guide
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