A new metaverse exchange-traded fund (ETF) has been launched by Blackrock. With the introduction of this new financial machinery, the conglomerate plans to attract additional investor exposure to the market.
BlackRock Cryptocurrency (ETF)
Recently, an iShare Blockchain Technology UCITS ETF was officially launched by BlackRock. It is a Blockchain-based ETF that enables investors to acquire further exposure to the crypto space. An official statement released by the company revealed that up to 75% of the holdings in the ETF would comprise blockchain companies that are publicly traded, which also include crypto mining firms and crypto exchanges. The remaining 25% is scheduled for companies that render benefiting components for the blockchain ecosystem.
Over time, the ETF has acquired over 35 global from the 50 holdings available. To diversify the process, derivative holdings and a little cash has been added to the ETF.
ETF’s top holdings of the ETF are Payment processing giant block(11.40%), USD cash (13.00%), Coinbase (13.20%), Riot Blockchain (10.50%), and Marathon Digital Holdings (11.13%). The remaining holdings comprise 23 IT firms, six financial services companies, one industrial company, and one digital communications company.
BlackRock’s ETF Strategist clarified that the just launched financial product is tailored to enable a hitch-free engagement between global companies leading space development and Blockchain and their clients. He further explained that Blackrock strongly believes that crypto and Blockchain will experience a significant increase in relevance and acceptance
TAMADOGE: The Ideal Metaverse Play for Crypto Investor
For investors that are looking forward to gaining metaverse exposure, they can also consider TAMA- the native token designed for the Tamadoge gaming platform. This current year in, the crypto market recorded a relatively high number of TAMA presales.
Although it was just listed on the OKX exchange platform, it has already recorded over $10 million in trading volumes. To ensure that this asset secures the best way for investor exposure, the platform developers will need to go deeper into the metaverse as of 2023.
It would be best if you didn’t judge using your prior conceptions. TAMADOGE has proven to be one of the most perfectly designed crypto projects ever to grace the market. As the world’s first meme coin, it is built to possess several unique and advanced features, which include play-to-earn mechanics, a metaverse, and a built-in NFT store. Each of its details and features was carefully selected to ensure that the project is fit enough to make it through the coming cryptocurrency climate.
In case you’re not aware, meme coins are known for terrible tokenomics and poor token utilization. Despite the fact that Shiba Inu and Dogecoin are the world’s most recognized meme coins, it’s safe to say that they can hardly survive in the future.
In contrast to these coins, Tamadoge has gone a long way to adopt all the necessary industry practices that will contribute to the success and growth of the coin in the future. Investors that have been able to see this potential have helped the Tamadoge token presale in hitting $19 million months before the scheduled time. The token was able to gain the attention of investors all over the world, and this contributed to the high sales it recorded within a short time.
Over 2 billion TAMA tokens that are set to be available for transactions within the tamaverse were pre-mined by the platform. It recorded a billion sales during the presale period. The launch day is scheduled to have 5% burned, and the other 45% is planned to be reserved to give rise to liquidity.
Basically, Tamadoge is miles ahead of Shiba Inu, Dogecoin, and other meme coins that are available in the market. As a result, Tamadoge is the best coin to deal with in 2022.
Lucky Block (LBLOCK)
Another coin the Blackrock platform is ready to push is the BLOCK. The project has attracted the interest of many investors and has been recorded to be the earliest cryptocurrency to read a $1 billion cap this current year.
To start with, the coin is an NFT competition platform that functions using daily competitions- fair, decentralized, and transparent. The Coin’s native token is LBLOCK. It uses the BEP-20 standard, which helps form an integral component of the BLOCK ecosystem, and is specifically responsible for a series of tasks that includes rewards allocation.
Compared to other crypto projects, Lucky Block can be said to be unique and special, which is simply because, in the Lucky Blocks project, everyone’s a winner.
Just by being a Lucky Block user, all lucky block users can easily claim their portion of the rewards pool for voting on the following charity to get a donation from Lucky Block.
The method is tailored to help users win, even though they’re not lucky in the weekly prize draws. All BLOCK users with a holding valued at $500 per day have the right to claim a free ticket before the jackpot draws.
Buy Lucky Block Here
Battle Infinity (IBAT)
Having maintained its position as one of the best Game projects. Most users widely address it as the Best NFT Metaverse Game project. Battle Infinity is undoubtedly the best bet for users that love to play fantasy sports games. All they need to do is to stake coins and enjoy the virtual reality metaverse.
The project was created in India and can be said to fit in the same engineering range as India-based Polygon (MATIC) is next to Sandbox, Decentraland, Axie Infinity, Splinterlands. If you are a fan of any of these projects, we’re glad to inform you that Battle Infinity is a better upgrade.
Apart from the game, the platform provides a coin named IBAT that can be used to play games, purchase NFTs for your upgrades and players, and lots more. The most exciting part of it is that the tokens acne be swapped on the market or IBAT SWAP for fiat currencies or Cryptocurrency.
Final Thoughts
Providing cryptocurrency-related and Blockchain products with the much-needed exposure they need is what Blackrock does. Through iShares Blockchain and Tech ETF, the firm is solely responsible for offering various investors in the U.S crypto exposure. Promoting these three Cryptocurrencies by Blackrock will help boost their performance in the market in years to come.