Forget Shiba Inu. Here's an Even Better Way to Invest in the Metaverse
Everyone is talking about Shiba Inu (CRYPTO:SHIB) and its move into the metaverse with Shibarium and Shiba Lands. But what about a publicly traded company that is already amassing attractive real estate in the metaverse in addition to accruing assets like Solana (CRYPTO: SOL), Ethereum (CRYPTO: ETH), and Polkadot (CRYPTO: DOT), and even investing in crypto gaming and non-fungible tokens (NFTs) I'm talking about Canada's Tokens.com Corp. (OTC: SMUR.F).
While decentralized finance (DeFi), NFTs, and staking may sound complex to investors who are not involved in crypto, Tokens' strategy is actually very simple. The company identifies trends in cryptocurrency, such as staking or the metaverse; purchases digital assets that it thinks can increase in value as a result of these trends; and focuses on generating revenue from these assets. Tokens.com buys proof-of-stake cryptocurrencies like Polkadot and Solana and earns more of these tokens by staking them. The company even owns and stakes Shiba Inu. Tokens.com boasts a well-diversified portfolio of crypto assets. For example, on Nov. 30, the company announced the purchase of 10,000 SOL, 22,500 LUNA (CRYPTO: LUNA), and 3,022,453 ANKR (CRYPTO: ANKR) tokens.
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Source Fool.com
