The post Metaverse Tokens ApeCoin, Decentraland Struggling to Stick, While Flasko Redefining Alternative Investments appeared first on Coinpedia Fintech News

The advent of cryptocurrencies has opened the possibilities to reimagine how different the financial system could be. Some of these technological advancements have been adopted by society, and more than a few individuals have made banks due to the hype and speculation surrounding them. Metaverse-related tokens ApeCoin (APE) and Decentraland (MANA) are examples of these. Yet, their prognosis doesn’t look good in 2023. 

Solid, value-added projects in presale like Flasko are becoming the gold standard of the crypto industry moving forward. Let’s examine these three cryptos and determine which one is the most desirable to invest in this coming year.

ApeCoin (APE): Collapse Highlights Lack of Investor Interest

ApeCoin (APE) was launched last March 2022 as the utility and governance token of the Bored Ape Yacht Club and its ApeCoin DAO. The hype surrounding the launch saw ApeCoin (APE) make big strides just before the crypto industry plunged into its worst winter ever, but since then, ApeCoin (APE) has fallen into a terminal free-fall. ApeCoin (APE) holders can vote on governance proposals and use them as a utility token for ApeCoin (APE) services and games.

However, ApeCoin (APE) has already seemingly seen its best days––the current price of $4 represents an 85% decrease in all-time high value and is representative of the lack of interest people have in BAYC and the NFT market in general.

Decentraland (MANA): Price on Dramatic Fall

Decentraland (MANA) made serious waves in the hype of 2021’s bull run and metaverse mania. Decentraland (MANA) is a blockchain protocol enabling a decentralized virtual reality platform similar to the concepts of the metaverse. Decentraland (MANA) users can buy, sell, or rent virtual real estate parcels stored on the Ethereum (ETH) blockchain, opening up new revenue streams for creators and tokenholders alike. Decentraland (MANA) launched at a presale price of $0.024, which hit an all-time high of $5.90 in November 2021. 

However, Decentraland (MANA) prices have fallen to $40, a dramatic 93% fall from grace. It represents the market’s lack of appetite for speculative metaverse plays.

Flasko (FLSK): Can Run to the Top 100 in 2023

Revolutionary alternative investments platform Flasko is combining NFT technology with the rare wines, champagnes, and whiskeys asset class which has generated better gains than gold or traditional equities and stocks in the past several decades.

Crypto enthusiasts can invest in fractionalized NFTs backed by real bottles of luxury wines, champagnes, and whiskeys and benefit from their constantly appreciating prices. Full NFT holders can redeem them for the bottles that they represent and have the bottle itself delivered to any location they wish.

Flasko will also partner with companies in the rare wines industry and help them launch their products to new audiences while providing Flasko users exclusive access and discounts.

Flasko has ensured the essential conditions for success and security by locking team tokens for three years with a three-year vesting period. Moreover, platform liquidity was frozen for 33 years. That’s not to mention that Flasko has been fully audited by Solid Proof, making it a very safe long-term investment.

Flasko presale prices are available for $0.111, a great time to enter into a project expected to hit the top 100 by 2023. Investing in Flasko now can give your platform the boost it needs to get into the green.

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Filed under: Bitcoin - @ December 10, 2022 7:52 am