Most undervalued sector in crypto with the greatest L2 potential? The Metaverse.

✨The Metaverse Index is 15 tokens in ONE✨

$MVI is a basket of tokens capturing the trend of NFTs, entertainment, sports, & business shifting to a virtual environment.

What's in the $MVI?

2/ $ENJ - @enjin - 16.2% of the $MVI

#Enjin allows game developers to tokenize in-game items on the #Ethereum blockchain. It uses $ENJ, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold and traded with real-world value.
3/ $MANA - @decentraland - 14.9% of the $MVI

#Decentraland is a decentralized VR world. Where you can purchase land, build on it, monetize, and immerse into the applications and content that is built by other users. Land and in-game currency give users complete ownership.
4/ $SAND - @TheSandboxGame - 11.4% of the $MVI

#TheSandbox is a blockchain-based virtual world where users to create, build, buy & sell digital assets in-game. By combining the powers of DAOs and NFTs, the game creates a decentralized platform for a thriving gaming community.
5/ $WAXE - @WAX_io - 10.3% of the $MVI

Global brands trust WAX to launch their NFT sales, including @deadmau5, @Atari, @Topps, @WilliamShatner, @Capcom, etc.

#WAXE is purpose-built for e-commerce and is a protocol token that can be staked for governance voting and rewards.
6/ $AUDIO - @AudiusProject - 7.4% of the $MVI

#Audius is a decentralized music-sharing and streaming protocol that facilitates direct transactions between listeners and creators, giving everyone the freedom to distribute, monetize, and stream any audio content.
7/$AXS - @AxieInfinity - 7.1% of the $MVI

#AxieInfinity is a blockchain-based trading and battling game, owned and operated by its players.

Inspired by games like Pokémon, the game allows players to collect, breed, raise, battle & trade token-based creatures known as Axies.
8/ $WHALE - @WhaleShark_Pro - 5.1% of the $MVI

#WHALE is a social currency backed by rare NFTs. The basket of NFTs underpinning the token are held in the WHALE Vault. Includes some of the rarest #NFTs from @GodsUnchained, @cryptovoxels, @TheSandboxGame, @AvaStarsNFT, and more.
9/ $NFTX - @NFTX_ - 4.8% of the $MVI

#NFTX is a platform for creating ERC20 tokens backed by NFT collectibles. Users create and trade #NFT-backed funds, like CryptoPunks, Axies, CryptoKitties, & Avastars, from a DEX. This creates more liquidity for NFTs (typically less liquid)
10/ $RFOX - @RFOX_GAMES - 4.4% of the $MVI

#RedFOXLabs is an emerging tech-venture incubator in Southeast Asia. Their goal is to build, launch, & scale high-growth ventures in e-commerce, e-media (e-sports/gaming), e-travel, & ride-sharing/logistics in the Southeast Asia region
11/ $RARI - @rariblecom - 4.1% of the $MVI

#Rarible is a creator-centric #NFT marketplace and issuance platform. Users can create NFTs for unique digital items like artworks, game items and more. Rarible offers a fully-featured marketplace that creates a smooth user experience.
12/ $TVK - @Terra_Virtua - 3.8% of the $MVI

#TerraVirtuaKolect is a cross-platform non-fungible token (NFT) ecosystem that offers a curated marketplace for #NFT creators and collectors to interact. The Terra Virtua Kolect platform spans web, PC and mobile AR/VR environments.
13/ $DG - @decentralgames - 3.5% of the $MVI

#DecentralGames is a DAO-governed Metaverse casino in Decentraland, which players own and operate with $DG tokens. The community earns $DG by adding value to the ecosystem: playing games, providing liquidity, governance, & referrals.
14/ $REVV - @REVV_Token - 2.4% of the $MVI

#REVV is the main utility token and in-game currency for branded motorsports blockchain games produced by @AnimocaBrands, like the @F1DeltaTime blockchain game, & a title based on the @MotoGP IP. A third game is currently in the works.
15/ $MEME - @DontBuyMeme - 2.3% of the $MVI

#MEME platform hosts digital artists & offers its community chances to mint NFTs by staking $MEME tokens. When staking, users earn credits (called pineapples) which are used to mint the NFTs. $MEME is also used to bid on art auctions.
16/ $MUSE - @NiftyMuseum - 2.1% of the $MVI

#NFT20 tokenizes NFTs, making them tradable on DEXs. Anyone with a #NFT can create a pool on the protocol & receive an ERC20 token derivative of that NFT. This creates liquid secondary markets for what are typically less liquid assets.
17/ For a MUCH deeper dive on the assets that are included in the Metaverse Index $MVI. I would recommend this article by @accel_capital…
18/ The most recent MetaPortal Podcast with @verto0912 and @DarkForestCap.👾

This episode covers:
- $MVI performance to date
- WAX blockchain, the under-the-radar project
- Blockchain games vs. mainstream counterparts
- General market turmoil 🌪️…
19/ Here @verto0912 and @DarkForestCap talk the Metaverse Index $MVI with @gabrielhaines on the Talking Crypto Podcast.

20/ The $MVI uses a combination of root market cap & liquidity weight for $MVI allocations. Liquidity is important to consider in this space.

75% * RMCW + 25% * LW = TW

TW – token weight
RMCW – square root of market cap weighted allocation
LW – liquidity weighted allocation
21/ Lastly, check out this tweet storm about the Metaverse by @verto0912

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More from @Crypto_Texan

31 May
How to get more from your DeFi Pulse Index $DPI

#1/8 Broad Exposure to DeFi - $DPI is used to give users diversified exposure to the top #DeFi blue chips.
14 top DeFi protocols in ONE token.

Article credit:@Mringz @davidesilverman


Liquidity Providing (LPing) - LPing for $DPI / $ETH on a DEX like @Uniswap, @loopringorg or @SushiSwap enables DPI holders to earn a portion of the trading fees.

$SUSHI - Onsen program = extra rewards in SUSHI

$UNI - Largest pool for DPI

$LRC - ZK roll-up = less gas fees Image

Liquidity Mining - In addition to the trading fees earned by providing liquidity to DEX pools, LPers can earn additional rewards by staking their $DPI / $ETH LP tokens via the @indexcoop website to receive rewards in $INDEX tokens.

Index Coop - Est. target APY: 12% (INDEX) Image
Read 8 tweets
24 May
#DeFi was battle-tested in last week's dip, that would have sent TradFi into turmoil.

DeFi Pulse Index $DPI gives broad market-cap weighted exposure to blue-chip protocols in the DeFi space.

14 DeFi tokens wrapped into ONE!

Current $DPI allocations 👇 1/16

Video: @earth_maze
$AAVE - #Aave - 21.09%
@AaveAave is a decentralized money market protocol where users lend and borrow crypto using crypto as collateral. Lenders earn interest by providing liquidity, borrowers borrow by collateralizing their crypto to take out loans from the liquidity pools. Image
$UNI - #Uniswap - 20.38%
@Uniswap is a DEX that allows users to swap ERC-20 tokens on #Ethereum with no centralized intermediary. Traders are not exposed to the security risks of a centralized exchange. V3 allows for "concentrated liquidity" which limits impermanent loss. Image
Read 16 tweets
11 May
14 DeFi Tokens all wrapped into ONE
- The S&P 500 of DeFi
- Strict/transparent token inclusion criteria
- Redeem underlying tokens any time
- Market-cap weighted index
- Auto-rebalancing monthly
- Eliminate costly transactions
- Diversified #DeFi Portfolio

DeFi Pulse Index $DPI
Each $DPI token contains (as of 5/11):

$UNI - 23.1%

$AAVE - 17.4%

$MKR - 14.4%

$COMP - 13.0%

$SNX - 8.0%

$YFI - 7.7%

$SUSHI - 6.8%

$REN - 2.5%

$BAL - 2.2%

$KNC- 2.1%

$LRC - 2.0%

$FARM - 0.3%

$CREAM - 0.3%

$MTA - 0.2%
The $DPI is a crypto-native digital asset index for #DeFi. The index is weighted based on the circulating supply. #DPI tracks projects with significant usage, maintenance and development.

@sassal0x explains on @BanklessHQ podcast
Read 7 tweets

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