Impressive Breakout + Business Diversification Tokens.com is finally showing the price action it deserves, already up 40% over the past 5 days and 10% today alone.
I think the growth is due to a mix of crypto performance (ETH $3500 USD) and their recent intent to purchase a 50% stake in Metaverse Group.
So what is Metaverse Group? I’ll list some of the key highlights below.
- A virtual NFT based real estate company that owns and develops properties in several decentralized networks.
- They also operate in property management and assisting companies with marketing and advertising in the Metaverse.
- They plan on completing the world’s first Metaverse Real Estate Investment Trust with 100% NFT land assets.
- Finally, they plan on building a variety of experiences to provide enterprises with a simple entry point to gaining exposure to virtual worlds through a rental model that will generate recurring revenue for Tokens.com
https://ca.finance.yahoo.com/news/tokens-com-purchase-50-stake-113000042.html
With $COIN now joining the Metaverse Association as a founding member, things are becoming pretty interesting. Not only will $COIN be able to generate revenue from staking their crypto, but they'll also be able to profit off of Metaverse’s unique business model.
My main concern about $COIN was always the lack of diversification. Now that they’ve rebranded and intend to grow the business outside of staking through Metaverse, IMO, we’ve got a lot of upside left.