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Metaverse Gets $93 Million from Top Venture Capitalist

Softbank is the world’s #1 biggest venture capital firm.

And the firm just made a $93 million investment in a new metaverse startup.

It’s sparking a huge move for a little-known cryptocurrency. And early investors are scoring huge gains in just the last month.

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Animoca is a Hong Kong gaming developer that’s building a new metaverse called Sandbox.

It has over 500,000 unique wallets on the platform. And over 12,000 virtual landowners.

The $93 million cash infusion will help the company complete its new world. In July the company raised $139 million from Coinbase (NASDAQ: COIN) Ventures.

The gaming company is valued at over $1 billion.

Sandbox is also a coin that’s used for transactions in this new digital world. And the price is soaring following this deal.

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 The crypto has jumped as much as 832% since late October!

Even within the last month – the price more than doubled from around $3 to over $7.

The metaverse is expected to generate annual sales of $280 billion by 2025. That’s a 6X increase from last year – when sales totaled $46 billion.

Facebook (NASDAQ: FB) recently was renamed. And it’s now known simply as Meta. And on Dec. 1 the stock will begin trading with the ticker MVRS.

Other major companies are making plans to move their businesses into the metaverse as well.

This includes Shopify (NASDAQ: SHOP) launching an NFT marketplace. Disney (NYSE: DIS) will launch two initiatives to integrate physical, digital and virtual worlds. And Epic Games (private) recently raised $1 billion to fund its new metaverse.

New cryptocurrencies are powering this new digital world…

And jumping into these is the best way to profit from the metaverse, NFTs, and DeFi (click here to see how).

Recent Crypto Moonshots have already jumped 5,146%… 7,933%… and even 12,254% profits in less than 1-year.

You’ve got to be looking at the next cryptos that are getting ready to takeoff.

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Ian Wyatt

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