Web 3.0 is the third generation internet where apps and websites will process information much more ethically. Technologies such as big data, machine learning, and decentralized ledgers are enabling Web 3.0 to evolve. However, Web 3.0 coin assets are also working towards the development of the new internet. These cryptocurrencies have use cases that aim to make the internet better.
“These 10 Web 3.0 coins have earning potential”
This article will cover exactly these cryptocurrencies. A famous analyst from Nasdaq has announced the 10 Web 3.0 coin projects that he describes as the best. we too cryptocoin.com We have compiled these altcoins for you. Let’s examine it together.
1. Helium (HNT)
Helium is a blockchain-powered decentralized network for Internet of Things (IoT) devices. The network works with a special consensus mechanism called Proof-of-Coverage. With Helium, users enable low-power devices to communicate with each other. They can also create a decentralized and wireless infrastructure that allows data to be transmitted over a network. Said network consists of hotspots, each covering a specific part of the ecosystem. Hotspots also serve as miners. Network users who purchase or create a hotspot operate the network’s nodes. It also mines HNT, the native token of the Helium network. At the time of writing, HNT was trading around $9.76. The market value of the Web 3.0 coin project was close to $1.2 billion.
2. Chainlink (LINK)
Chainlink facilitates the creation of smart contracts based on real-world data. In short, it is a decentralized network built on top of the Ethereum ecosystem. LINK has the advantage of being able to integrate with any Blockchain. This is why it has become a widely used platform for oracle services. Chainlink’s native token, LINK, has seen increased demand recently. Also, at one point, it beat the Shiba Inu, the favorite cryptocurrency of the biggest whales. The Web 3.0 coin was trading at $7.24 at the time of writing. However, the market value of the Chainlink project was around $3.4 billion.
3. Filecoin (FIL)
Filecoin is a decentralized peer-to-peer (P2P) storage network. Users can earn the platform’s FIL token by renting space on their computers’ hard drives. One of the main benefits of Filecoin is that it can store digital assets such as art or music behind NFTs. Anyone can become a storage provider on the Filecoin network, whether you are an individual or a data center. All you need is internet access and sufficient disk space. The more storage you provide to the Filecoin network, the more revenue you will get. The Web 3.0 coin is currently priced at $5.76. It is also trading with a market cap of approximately $1.39 billion as of July 22.
4. Flux (FLUX)
Flux is made for developers to build Web 3.0 applications. It is also designed to help distribute them on different networks at the same time. Web 3.0 coin can also be used to create decentralized projects. Flux allows users to access data on and off the chain. In other words, it offers its users an oracle design that works with a decentralized infrastructure. At the time of writing, FLUX was changing hands at $0.49. However, the altcoin’s market cap was close to $120 million.
5. Theta (THETA)
Theta is a decentralized Blockchain network built specifically for video streaming. As a peer-to-peer (P2P) network, Theta uses corporate validator nodes from Sony, Google, Samsung and other companies. Thus, it aims to facilitate video distribution for its users. The current price of the Web 3.0 coin project is $1.30. Additionally, the market cap of the cryptocurrency is close to $1.3 billion.
6. Graph (GRT)
Graph is an indexing system that can be filtered and queried by members. This system can be used to organize Blockchain data. So Graph works as a low-level blockchain indexing protocol. It also acts as a high-level cryptographic ledger built on the protocol. The Web 3.0 coin was changing hands at $0.11 at the time of writing. The market value of the project was 789 million dollars.
7. BitTorrent-New (BTT)
With over 2 billion users and 200 million wallets, BitTorrent-New is a leading peer-to-peer file sharing platform. Platform; It has torrent client software for systems like Mac, Android, Windows. It advertises itself as “the world’s largest distributed network”. It also provides secure streaming and downloading for torrent products. According to CoinMarketCap, users can enjoy benefits such as virtual private network features and ad-free browsing for a fee. That is, they can upgrade their free memberships to premium memberships. The Web 3.0 coin is changing hands at $0.0000009463 at the time of writing. Its market value is around 884 million dollars.
8. Siacoin (SC)
Siacoin is a peer-to-peer digital platform. Users can pay hosts to rent cloud storage spaces. However, user data is encrypted in 30 segments, each uploaded to a different host. Sia’s developer is Skynet. This company has many Siacoin projects such as cloud-based media, content delivery and file sharing. The Web 3.0 coin was trading at $0.0044 at the time of writing. The market value of the asset was around $228 million.
9. Basic Attention Token (BAT)
BAT powers the Blockchain-based digital advertising platform that delivers content via Brave Browser. Advertisers pay for their ad campaigns using BAT. Thus, a portion of the BAT they pay is given to the user who viewed the ad. Although the BAT environment protects users’ privacy, advertisers can use data to maximize their effectiveness. In other words, BAT aims to make the advertising model of search engines more equitable. At the time of writing, the Web 3.0 coin was trading around $0.41. Additionally, the altcoin’s market cap was close to $622 million.
10. Polkadot (DOT)
Polkadot enables any asset or data to be transferred between Blockchains. Its service is not limited to tokens. Users can work with multiple networks called parachains in the Polkadot ecosystem. These parachains on Polkadot are unique and self-contained. But what sets DOT apart from competing networks like Ethereum is that parachains can communicate with each other. This is a vital function for the Web 3.0 coin. At the time of writing, the unit price of DOT was $7.83. However, Polkadot had a market capitalization of $7.7 billion.
