The Web 3.0 coin market encompasses a vast ecosystem with hundreds of projects catering to different use cases. New solutions for daily crypto money transfers are one of the common features of projects operating in this field. In this article, let’s list the best Web 3.0 coin projects based on similar criteria such as development activities, actual use cases, and investor confidence.
Here are Web 3.0 coin projects with high potential
Polkadot is one of the most favorite blockchains in the Web3 space. Especially in terms of developers, we can say that Polkadot has one of the largest ecosystems. According to current statistics:
DOT’s long-term investors 51% currently choose to stake. Most of these investors are long-term HODLers. They believe in the project.
The downside of Polkadot is that it doesn’t grow fast enough. But with new developer teams and projects coming from it, it continues to claim to be a leading Blockchain in the Web3 space.
Polkadot still has the largest active developer ecosystem outside Ethereum, with almost 3x more weekly commits than the next largest ecosystem according to @MessariCrypto.
Shout out to the devs that actively contribute to making Polkadot's multichain vision for Web3 a reality. pic.twitter.com/r9lNDwZJk0
— Polkadot (@Polkadot) October 3, 2022
Cosmos (ATOM)
Modular Blockchains, the idea of having a Blockchain that is easy to create an ecosystem is one of the big themes of Web3. Like Polkadot, Cosmos is a natural project suitable for this category. But unlike its competitors, it has a much wider Blockchain ecosystem. Some of those:
- BNB Coin and Beacon Chain
- Terra Luna Classic and the new LUNA.
- Crypto.com
- Kava
- Secret Network and others.
⚛️Cosmos Ecosystem – Q3 2022 Quarterly Report
This report dives into an overview of the @cosmos & the #Cosmos Ecosystem
💠Network Activity
💠Ecosystem Breakdown
💠Highlight Events
💠 #Kava #Osmosis #Secret #Juno Highlights
💠ProjectionsLet’s dive in 🧵👇#Cosmonauts$ATOM pic.twitter.com/R95dSGHpcz
— Cosmos Daily ⚛️ (@CosmosATOMDaily) October 6, 2022
Polygon (MATIC)
Despite the completion of the Ethereum merge, MATIC remains vital to the ETH ecosystem for a long time. Some of the reasons for this are:
- ETH has its own chains with a side chain.
- They are making acquisitions like Hermez to add to their Zero-Knowledge (ZK) protocol portfolio.
- Whether it’s ZK or SNARKS or its roll-ups, it has pretty much every tech a quality L2 needs.
- They also become a fast and economical home for games. Games are one of the fastest growing sectors in the industry.
Polygon #zkEVM Public Testnet is the result of incredible hard work by @jbaylina, @davidsrz & the team 💪🏽
It's the world's 1st open source zkEVM network and we couldn't be more proud ✨
Read more https://t.co/3Zo5ToZzXD pic.twitter.com/LWBzmToz5h
— Polygon – MATIC 💜 (@0xPolygon) October 12, 2022
Fuse Network (FUSE)
Next, let’s take a look at the open source currency area Fuse Network. Fuse Network in particular makes the creation of new tokens as easy as possible. However, it has its own stablecoin fUSD and its native token FUSE.
You can develop codeless in Fuse Studio. Thus, entrepreneurs can create their own tokens containing fiat launchers. Without the need for coding, a business can create any cryptocurrency with any feature it wants. This opens the door to a great choice.
https://twitter.com/Fuse_network/status/157018157679915009
Another important feature of Fuse is its mobile wallet application. They try to benefit the real world by having a simple Paypal style app for money transfers.
Celo (CELO)
Celo wants to make it easier for people to transfer cryptocurrencies over the phone, as it has done with Paypal and Venmo. The Altcoin project basically makes it easy for developers to issue tokens on compatible EVM networks. It has cUSD and other stablecoins for it.
This morning, @RegenRene announced the Celo Foundation’s “2% for Web3 Impact” pledge, which aims to bring $20B in impact investing funds to web3 by 2025. #GIINForum22
Dive in for a recap. 🧵⤵️ pic.twitter.com/0IvSWedGGD
— Celo (@CeloOrg) October 13, 2022
cryptocoin.com As you follow, the CELO token is currently trading at $0.7461. Operating since 2017, the altcoin has lost more than 90% of its value from the ATH level.