Metaverse Farmer for the Metaverse Era

Non-Fungible Tokens (NFTs) and the Metaverse are currently seeing a rise in both status and adoption that have never been seen in both industries. According to DeFiPulse, the Total Value Locked (TVL) in Decentralized Finance (DeFi) is currently around at $100 billion. The industry has made giant strides and this is obvious when we look back at 2020 when the TVL in DeFi grew from $700 million to $15 billion (which was still very outstanding). In a similar vein, 2021 has been quite the year for NFTs. In the first half of 2021 alone, NFTs saw a whopping $2.5 billion transacted in sales volume and that figure surged to $10.7 billion by the third quarter of the year as the crypto asset frenzy hit new highs.

DeFi on 1st November, 2021

Metaverse and the Metaverse Farmer

Like DeFi, yields and farming are terms that are also being used in the Metaverse (even though it isn’t as popular as it is in DeFi). Farming in the Metaverse is a relatively new feature and this is why the Metaverse Farmer (MVF) investment strategy — the world’s first DeFi Metaverse Index Fund — is set to help Metaverse investors profit from the blockchain gaming and NFT trends. Normally, Index Funds are the go-to investment option for people looking to expose their portfolio to a broader asset or sector but the Index Fund being offered by DAOventures is completely based on-chain and it is taking advantage of innovations in the DeFi space to maximise yields.

How These Assets Are Performing

All of these assets used in this investment strategy are doing extremely well. Axie Infinity for instance, which is a blockchain-using metaverse project and the most popular crypto game right now recently hit a $3 billion equity valuation and $30 billion fully diluted valuations. Its native token AXS at the time of writing is trading at $140. And according to Token Terminal, about $28.9 million in revenue is being driven weekly.

  • Layer-2 Integration
  • Yield Farming

Why You Should Invest in the Metaverse Now

Even though the concept of the Metaverse has been around for some decades now, the technology hasn’t fully gained the kind of awareness of something as huge as it should have. However, in recent times, that seems to be changing and more and more big players in the tech industry are starting to get involved.

  • Presence,
  • and Standardisation.

About DAOventures

DAOventures is a multi-chain DeFi investing platform for fund managers and crypto investors. Its mission is to make DeFi simpler, more accessible, and inclusive. DAOventures is a team of engineers, researchers, crypto-investors, DeFi & NFT adopters, and problem solvers who want to build and accelerate the future of money, together.

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DeFi ETF Index Fund, basket of auto-compounding LPs