Currently, Blockchain technology is seeing a meteoric rise in popularity. In this context, the internet is one of the most unique industries expected to thrive with Blockchain. Web 3.0 networks work on decentralized protocols that are the cornerstone of blockchain and crypto technology. As a result, you can guess that there is an important link between these three technologies and other fields. Web 3.0 coin projects created for the Web 3.0 standard are decentralized initiatives that use smart contracts and automate transactions on the internet.
10 Web 3.0 coins for investment
Web 3.0 projects and their cryptocurrencies are likely to increase in value in the future. For this reason, experts make various evaluations for Web 3.0 assets. Finally, an expert shared a list of “10 Web 3.0 coins with investment potential” in August. we too cryptocoin.comWe have compiled this list for you.
Helium (HNT)
Helium is a decentralized network for Internet of Things (IoT) devices using the Proof-of-Coverage model. This network is powered by blockchain technology. Accordingly, Helium users can create decentralized wireless infrastructures of any size. This infrastructure makes it possible for low-power devices to talk to each other and send data over a network of nodes known as hotspots. Helium has one of the most robust Web 3.0 networks, surpassing 300,000 nodes in November 2021. Accordingly, each hot node covers a certain percentage of the network as a whole. Mining operations are also conducted in hot spots. Hot node holders can mint the Helium network’s Web 3.0 coin asset, HNT. Thus, they can participate in the management of the nodes that make up the network. At the time of writing, HNT was trading at $8.12.
Audius (AUDIO)
Audius brings together the interests of music composers, music users and node operators. It works as a decentralized digital music network using the Web 3.0 coin AUDIO for this. This network is enabled by the use of smart contracts. Cryptocurrency has several use cases such as management, staking, and increased revenue incentive for artists. In addition, Audius highlights and promotes the work of content providers in its weekly list. At the time of writing, AUDIO was changing hands at $0.37.
Chainlink (LINK)
Chainlink is a decentralized network built on Ethereum. It makes it easy to create smart contracts based on real-world data. It has the ability to interact with any blockchain. Therefore, it has quickly become a popular platform for providing oracle services. Recently, there has been a surge in demand for Chainlink’s native token LINK. Accordingly, the token has recently become the most traded and owned cryptocurrency among the largest ETH holders. Additionally, in doing so, it has outstripped hype tokens like the Shiba Inu. As of August, the current price of Web 3.0 coin LINK is around $9.16.
Filecoin (FIL)
Filecoin is a decentralized peer-to-peer storage network. Accordingly, users can earn the currency of the platform by renting space on their computers’ hard drives. Filecoin also has the ability to hide NFTs behind digital assets such as works of art or music. NFT storage is one of the most valuable features of this Web 3.0 coin project. Everyone, whether a person or a data center, has the potential to be a storage provider within the Filecoin network. Your potential revenue from transaction fees and tokens increases in proportion to the storage you make available on the Filecoin network. At the time of writing, the FIL price was trading at $8.17.
Flux (FLUX)
Flux is designed to assist developers in the process of building Web 3.0 applications and deploying such applications across multiple networks at the same time. In addition, it can be used in the formation of decentralized enterprises. Flux’s Oracle architecture is built on a completely decentralized infrastructure. Therefore, users have the advantage of gaining access to both on-chain and off-chain data. As of August, the current price of Flux is $1.12.
Graph (GRT)
Graph is an indexing system used to organize data stored on the Blockchain. This data can then be filtered and searched by community members. Both a low-level mechanism for indexing blocks in a Blockchain and a high-level cryptographic ledger built on top of this protocol are components of this system. At the time of writing, the Web 3.0 coin named GRT is changing hands at $0.13.
Theta (THETA)
Theta is a decentralized Blockchain network developed to facilitate video streaming. The network aims to make it easier for consumers to receive video content and operates in a peer-to-peer (P2P) manner. In addition, the project has many partnerships. Accordingly, Theta; It will have corporate validator nodes from companies such as Sony, Google, and Samsung. The project is also known for launching NFTs with unique partnerships, iconic artists like Katy Perry and popular TV shows like The Price Is Right. Because of all this, the Web 3.0 coin called THETA is a must-watch token in August 2022. It is trading at $1.49 at the time of writing.
BitTorrent-New (BTT)
More than 2 billion users and more than 200 million wallets are on the peer-to-peer file sharing network BitTorrent. This is why the project remains the most popular of its kind. It is possible to download BitTorrent on several different operating systems, including Windows, Mac OS X, and Android. It advertises itself as “the world’s largest distributed network”. It also provides secure access to watch and download torrent materials for various types of items. According to CoinMarketCap, users can also purchase premium memberships by paying a fee. Accordingly, Premium memberships provide users with advantages such as the ability to browse the website without showing ads. At the time of writing, the Web 3.0 coin BTT is trading at a fairly cheap price of $0.0000009881.
Polkadot (DOT)
Polkadot makes it possible to transfer any asset or data between different blockchains. The use of tokens is not required to use its services. Polkadot users can work together with several Blockchains, called parachains, within the local Polkadot network. In fact, Polkadot is different from other competing networks like Ethereum. Because each of their parachains is singular and autonomous, but they can interact with each other. This is an important feature for Web 3.0 and coin assets. At the time of writing, the DOT is priced around $8.80.
Siacoin (SC)
Siacoin allows users to pay other users to rent their cloud storage space. For this, it serves as a digital platform running on a peer-to-peer model. Information about users is split into thirty separate pieces and encrypted before being sent to a new site for each section. Encrypted in Siacoin, this information includes cloud-based video streaming, content distribution and file sharing. As of August, the price of Web 3.0 coin SC is $0.0050.
