Crypto
Get Early Access to This New Metaverse Presale
New crypto presale project RobotEra is racing through its presale and has now raised more than $300,000, with gamers and investors excited by the potential of its metaverse.
With tokens currently on sale for just $0.02, some investors are predicting the native token, TARO, will make 20x gains in the coming months due to the ecosystem’s ability to generate active and passive income for players.
TARO Tokens to 20x in 2023?
TARO would need to reach a price of $0.40 from its current price to make 20x gains for investors.
While 20x may seem like a challenging task, given the project’s tokenomics and potential, it is not too difficult to envision the project making those kinds of gains.
The supply of TARO is small, 1.8 billion tokens, compared to many crypto projects and in simple terms the project would need a market cap of $720 million to reach $0.40.
However, given that large amounts of the supply will not be on the market the actual figure is, in fact, much lower.
The vast majority of supply, 33%, will be reserved for the treasury/DAO (decentralized autonomous organization) for community voting rights on the project’s future.
A further 25% will be reserved for the play-to-earn (P2E) prize pool, 15% is being allocated to the team (10%), advisors (3%) and early institutional investor LBank (2%), with those tokens locked for at least one year.
Another 9% is saved for the ECO fund which leaves just 15% of tokens available through three presale stages and only 3% for liquidity.
Once the presale sells out and TARO reaches exchanges, there is likely to be a supply shock which will see prices surge.
Furthermore, the three presale phases see the price increase – from $0.02 to $0.025 and then $0.032 – meaning stage 1 investors will have already achieved 60% gains by the time of TARO’s IEO.
With projects such as Decentraland and The Sandbox reaching market caps of more than $7 billion in the 2021 bull run, it stands to reason that a new wave of the best metaverse games will pump in a similar fashion when market conditions improve.
Investors Excited by TARO Utility
Early investors have been excited by RobotEra as offers players numerous ways to not only earn P2E rewards but monetize metaverse plots of land.
The game sees players use robot companions to rebuild metaverse plots of land on the planet Taro, which was destroyed after a cataclysmic event.
Players can earn rewards by going on quests, mining the land for resources, cultivating sacred trees and taking part in community events and concerts.
They can also monetize their plots by charging admission for events or selling billboard space to advertisers – buildings and infrastructure can also be developed and then sold.
RobotEra players do not need coding knowledge to build the Taro metaverse, with the game having custom tools that allows players to add sound, 3D scenes, physics and user interaction.
In fact the developers, who are doxxed and KYC-verified, believe players will find and generate new revenue streams over times as they rebuild the world with few limitations.
Players can also build, upgrade and customize new robots which can be used in the game or sold on the open market to other players as NFTs.
TARO tokens can be staked which not only helps rebuild Taro and provides a passive income but allows stakers to participate in the DAO and vote on the future of RobotEra.
The project is also developing virtual and augmented reality functionality, which is planned for deployment in the first half of 2023.
As well as being KYC verified, RobotEra’s developers have also had the TARO token’s smart contract fully audited by SharkTeam. For more information on the project, read the RobotEra whitepaper.
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Reports /TrainViral/