A Closer Look at the NFT & Metaverse Portfolio

Published on
November 10, 2021
A Closer Look at the NFT & Metaverse Portfolio
Table Of Contents

Many associate the term Non-fungible token (NFT) with images of digital artworks and collectables. NFTs are a special type of blockchain-based tokens that can be used to demonstrate proof of ownership over digital items, such as art, music, or playable video game items. While the hype around digital art reflects a compelling use case, it is hardly the only thing driving the NFT sector. The road ahead is full of opportunities for investors that will accelerate the adoption and use of NFT, with the most important of these being NFT-controlled access - especially to the metaverse.

The metaverse represents the convergence of many online worlds into one vast interconnected global environment, including virtual worlds and augmented reality. It drives the Internet and the emerging Web 3.0, merging into a centralised and interoperable space. In this future space, communication, finance, gaming worlds, NFTs and much more are part of a larger online experience.

To unlock this potential and help cultivate the metaverse, Coinpanion designed an NFT & Metaverse Portfolio, so that you can participate in this virtual lifestyle now.

Explore the carefully thought out composition below:

Metaverse

Axie Infinity (AXS)

Gaming
Sector - Gaming, Metaverse, NFT

Axie Infinity is a "play-to-earn" pet training game and a virtual world built on the Ethereum blockchain. Players can collect, breed, battle, and trade in-game pets called Axies. All in-game assets are represented via fungible ERC-20 or non-fungible ERC-721 tokens and thus trade on secondary markets.

Decentraland (MANA)

Virtual world on the Ethereum blockchain
Sector - AR, Metaverse

Decentraland is building a decentralised, blockchain-based virtual world for users to create, experience and monetise content and applications.

The Sandbox (SAND)

A community-driven platform where creators can monetise digital assets and gaming experiences
Sector - Gaming, Metaverse

The Sandbox is a virtual world where players can build, own, and monetise their gaming experiences using non-fungible tokens(NFTs) and $SAND, the platform’s utility token. Players can create digital assets in the form of NFTs, upload them to the marketplace, and integrate them into games with The Sandbox Game Maker. The Sandbox virtual world is made up of LAND (digital pieces of real estate) in The Sandbox metaverse that players can buy to build experiences on top of.

Enjin Coin (ENJ)

Gaming community platform and virtual goods marketplace
Sector - Gaming, NFT

Enjin is a platform that is used to create projects (i.e. video games, web apps). Once built, developers can issue in-game assets as Ethereum tokens. All created assets can be “melted” or exchanged for the Enjin coin at any point in time.

NFT Tech

Flow (FLOW)

The blockchain for open worlds
Sector - Smart Contracts, NFT

Flow is a blockchain that aims to make it easy for developers to build decentralised applications and businesses. It uses a multi-role architecture design to scale the network. Flow asserts that its innovative strategy will improve network speed and throughput while preserving composability standards and a developer-friendly environment.

Ethereum (ETH)

A decentralised computing platform
Sector - Smart Contracts

Ethereum is a distributed blockchain computing platform for smart contracts and decentralised applications. Its native token is ether (ETH), which primarily serves as a means of payment for transaction fees and as collateral for borrowing specific ERC-20 tokens. Moreover, the ERC-721 token standard allows for the creation of NFTs on top of the Ethereum blockchain and contributes to the overall NFT-infrastructure.

Polygon (MATIC)

Scaling
Sector - Scaling

Polygon is a platform designed to support infrastructure development and help Ethereum scale. Its core component is a modular, flexible framework (Polygon SDK) that allows developers to build and connect Layer-2 infrastructures.

Filecoin (FIL)

Blockchain-based distributed file transfer and storage
Sector - File storage, Web3

Blockchain layer-1s are often limited in the amount of on-chain storage capacity. Because not all NFTs – and the images or websites they reference – are stored on the layer-1 or layer-2 level, NFTs require another storage solution. Filecoin is a decentralised data storage network that allows users to sell their excess storage on an open platform. It acts as the incentive and security layer for the InterPlanetary File System (IPFS), a peer-to-peer network for storing and sharing data files.

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FAQ

How does Coinpanion work?
We help you to invest in the cryptocurrency market like a professional. Simply select a smart portfolio and get started straight away.

We help you to invest in the cryptocurrency market like a professional. Simply select a smart portfolio and get started straight away.

How much does Coinpanion charge?
If you invest in a portfolio (and not in a single cryptocurrency), a service fee of 2% per year is charged. The fees can be viewed at any time in your transaction history.

If you invest in a portfolio (and not in a single cryptocurrency), a service fee of 2% per year is charged. The fees can be viewed at any time in your transaction history.

Who can invest?
You need to be over 18 and live in a country that is part of the European Union or the European Economic Area (Switzerland, Liechtenstein, Norway, Iceland).

You need to be over 18 and live in a country that is part of the European Union or the European Economic Area (Switzerland, Liechtenstein, Norway, Iceland).

Can companies invest?
Yes, we already have several corporate clients. The minimum investment for corporate accounts is €25.000. Please send us a request to support@coinpanion.com and we will take care of it.

Yes, we already have a large number of corporate clients. The minimum investment for corporate accounts is €25.000. Please send us a request to support@coinpanion.com and we will help your company along the way.

What is the minimum deposit?
The minimum deposit is €50.

The minimum deposit is €50.

How long does it usually take for my transfer to arrive?
That depends on your bank. On average, a transfer takes 1-3 working days.

That depends on your bank. On average, a transfer takes 1-3 working days.

How can I set up a savings plan?
After you have transferred your first deposit, you can easily set up a savings plan in your dashboard. The minimum monthly investment is €10.

After you have transferred your first deposit, you can easily set up a savings plan in your dashboard. The minimum monthly investment is €10.

When will the start bonus or referral bonus be credited?
The start and referral bonus will be credited within 48 hours after receipt of payment.

The start and referral bonus will be credited within 48 hours after receipt of payment.

What happens to my deposits and withdrawals?
Deposits and withdrawals are carried out via third-party providers who take care of the purchase and custody of the cryptocurrencies. Coinpanion takes care of the rest.

Deposits and withdrawals are carried out via third-party providers who take care of the purchase and custody of the cryptocurrencies. Coinpanion takes care of the rest.

How can I deposit money?
We have several payment options for you. You can deposit money with your debit card, credit card and with a direct bank transfer.

We have several payment options for you. You can deposit money with your debit card, credit card and with a direct bank transfer.

How/when can I withdraw?
You can withdraw at any time on your dashboard.

You can withdraw at any time on your dashboard.

Is there a minimum term?
No, you can withdraw at any time.

No, you can withdraw at any time.

In which currencies can I withdraw?
Withdrawals are possible at any time and are currently exclusively in euros.

Withdrawals are possible at any time and are currently exclusively in euros.

What is the difference between the Coinpanion portfolios?
Each portfolio has a unique allocation. You can find out more here.

Each portfolio has a unique allocation. You can find out more here.

Which cryptocurrencies are included in the portfolios?
Coinpanion offers risk and theme-based portfolios. Depending on the portfolio you choose, other cryptocurrencies are included. Learn more about it here.

Coinpanion offers risk and theme-based portfolios. Depending on the portfolio you choose, other cryptocurrencies are included. Learn more about it here.

How is the trading of the portfolios handled?
The cryptocurrencies are traded according to the portfolio's underlying strategy. You can also adjust this via the settings. All cryptocurrencies are traded via third-party providers. You can find more information in the terms and conditions.

The cryptocurrencies are traded according to the portfolio's underlying strategy. You can also adjust this via the settings. All cryptocurrencies are traded via third-party providers. You can find more information in the terms and conditions.

Can I invest in more than one Portfolio?
Yes, you can invest in multiple portfolios at the same time.

Yes, you can invest in multiple portfolios at the same time.

How can I take care of the taxation?
Generally, taxation depends on the legal situation in your country. Coinpanion gives you the possibility to download all transactions directly on the platform. In addition, we have a partnership with the cryptocurrency tax company Blockpit. Through them, we can offer you a complete tax report. In cooperation with Blockpit, Coinpanion offers you a complete tax report free of charge for download.

Generally, taxation depends on the legal situation in your country. Coinpanion gives you the possibility to download all transactions directly on the platform. In addition, we have a partnership with the cryptocurrency tax company Blockpit. Through them, we can offer you a complete tax report. In cooperation with Blockpit, Coinpanion offers you a complete tax report free of charge for download.