
Top 10 cryptocurrencies of Web 3.0
Web 3.0 is a term used to describe the next generation of the Internet that goes hand in hand with emerging technologies such as blockchain, smart contracts, cryptocurrencies, artificial intelligence, and machine learning.
You can get into this Web 3.0 by investing in a selection of top-notch projects that we will discuss shortly.
What are Web 3.0 cryptocurrencies?
The next generation of the Internet will come with Web 3.0. This will take things to the next level, with a strong focus on emerging technologies such as:
- Blockchain.
- Smart contracts.
- Cryptocurrencies.
- Decentralization.
- Artificial Intelligence.
- Automatic learning.
Web 3.0 will be made up of all of the above technologies and phenomena. And, if you want to invest in the broader growth of this industry, you can buy Web 3.0 cryptocurrencies like the ones we will discuss below, as they will be at the heart of the Web 3.0 ecosystem.
The top 10 cryptocurrencies with a strong connection to Web 3.0 are the following:
1. Tamadoge
One of the most interesting projects that are still in the pre-sale phase is Tamadoge. An ecosystem with a roadmap that bets on longevity with the development of the Metaverse, NFTs , and augmented reality applications.
Its utility token is the TAMA, used in the platform to grant rewards and move the project, this token works under the ERC-20 protocol over the Ethereum network and is characterized by being deflationary.
The game consists of minting Tamadoge pets as baby NFTs, once they grow up they will be able to fight to earn points and finally be rewarded with TAMA on a monthly and recurring basis.
2. Battle Infinity
Battle Infinity is a decentralized project that provides users and creators with the Battle Arena space, a metaverse platform that has deployed 6 different P2E games that users can participate in and players can purchase virtual terrain plots structured as NFTs in games.
P2E with IBAT. At the center of Battle Infinity is IBAT, the platform’s utility token. Which are built on Binance Smart Chains (BSC) and work as a BEP-20 protocol.
The tokens act as in-game rewards for participants, and can also be wagered in global liquidity pools in exchange for other cryptocurrencies.
3. Ethereum
Ethereum belongs to the best accessible Web 3.0 projects. The reason is that Ethereum is at the heart of the Web 3.0 ecosystem as we know it today.
Another fundamental aspect of the Ethereum ecosystem is that it enables anyone, including Web 3.0 projects, to produce and deploy smart contracts.
Furthermore, Ethereum, which was first launched in 2015, is one of the best-performing cryptocurrencies in recent years. For example, in a period of 5 years, the cost of Ethereum has increased by almost 5,000%.
4. Uniswap
A term you constantly come across when searching for the best Web 3.0 cryptocurrencies to trade is “decentralization.” And, in the Uniswap situation, this top-notch plan is at the heart of the decentralized business.
This is because the Uniswap platform which is built on top of the Ethereum blockchain that we have already talked about makes it possible for people from all over the world to trade and sell cryptocurrencies in a decentralized way.
5. Basic Attention Token
Currently, marketing agencies pay websites to display their ads, but none of that revenue reaches those who view the right material and this is where Basic Attention Token aims to change the status quo.
From the perspective of digital marketing agencies, the Basic Attention Token ensures that advertising funds are used correctly. You can benefit from the Basic Attention Token increase by buying its BAT cryptocurrency.
6. Decentraland
The Metaverse is to build a bridge between the digital world and the real world through virtual reality. At the forefront of this is Decentraland, one of the top coins in the metaverse, hosting a hugely successful game world that allows users to invest in digital plots.
Most importantly, several real estate projects in the Decentraland ecosystem have sold for millions of dollars, which shows that this Web 3.0 ecosystem already has a criteria test.
MANA, which is the native token of the Decentraland ecosystem, is one of the top Web 3.0 blockchain coins in terms of performance.
7. Yearn.finance
Yearn. finance plays a role in the future of Web 3.0 with its decentralized lending protocol.
Since Yearn. finance makes it possible to facilitate loans without jurisdictional limitations or credit checks in a decentralized way. This would be because users can borrow cryptocurrencies in exchange for placing collateral. The person will then pay the interest on the borrowed funds.
For example, by depositing your digital currencies on the Yearn. finance platform, the funds will be used to facilitate the loans.
8. Cosmos
Cosmos has an innovative plan that solves the current “blockchain interoperability” problem.
For those of you who don’t know, interoperability has to do with the ability of different blockchains to connect and communicate with each other, which ordinarily might not be feasible.
And as such, each of the best cryptocurrencies on the market can communicate with all the respective blockchain networks through Cosmos.
The project has its native digital token, ATOM, which you can easily trade.
9. The Graph
Blockchain protocols facilitate a significant portion of transactions, which, in parallel, can offer room for efficiency issues for the respective network.
The good news is that Graph is already doing some work on this with its creative blockchain indexing tool, so once blockchains connect to the Graph protocol, their data is automatically indexed.
From an investment perspective, you can benefit from the growth of the Graph and its indexing tool by buying GRT tokens. In short, any blockchain network that uses the tool will have to pay fees in GRT, which in parallel can help its market cost.
10. Tron
This plan originating in China could play a fundamental role in the future of Web 3.0, among other things since it returns the content to its rightful owner: the author.
This means giving up a significant part of the revenue that the respective content creates.
This is where Tron comes in, as the plan allows creators to market their content directly to the public. And as such, most, if not all, of the advertising revenue generated by the content will be paid to the author.
What will be the price of these Web3 cryptocurrencies?
The cost of Web 3.0 cryptocurrencies will be defined by the market, just like the classic activities of Web 1.0 and 2.0 spaces. As such, the cost of the Web 3.0 cryptocurrencies you buy will largely depend on demand and supply.
Where can I buy Web 3.0 cryptocurrency?
Many of these cryptocurrencies can already be found in various exchanges, so all that remains is to choose the one that best suits your tastes. Some of the projects you can even get from their website.
In the same way, the platform you choose should not only be compatible with your Web 3.0 cryptocurrency selections, but it should offer low commissions and a safe place to trade.
Conclusion
The Web 3.0 ecosystem is still quite fragmented, so it might be worth waiting until we have a clearer picture of how this space will progress in the coming years.
These promising Web 3.0 cryptocurrencies are managing to surprise the entire planet throughout their pre-sale, so it only remains to see how this new website is entering and adjusting to the world.
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