Powering the cryptocurrency ecosystem since 2017, BNB Chain hosts thousands of projects with a total market capitalization of more than 205 billion. Analyst Will Izuchukwu says popular projects like Ankr and Zilliqa are worth watching for 2022.
The best BNB-based altcoins to watch in 2022
Ankr (ANKR)
Ankr has more than 50 PoS networks operating various node operators around the world. It is also a decentralized Blockchain infrastructure provider. This infrastructure powers a range of multi-chain tools for Web3 users. It also contributes to the expansion of the cryptocurrency economy.
We can classify Ankr network under two features:
- Ankr Build: Complete Blockchain developer solutions including Ankr, traditional APIs, a decentralized multi-chain network of open RPC node operators to execute code and access Blockchain data, and tools like Ankr Scan to view data on-chain across blockchains presents.
- Ankr Earn: Earn Ankr Staking, liquid staking and other earning options make it simple and available to any investor. To address the capital inefficiencies of Proof-of-Stake networks and related Blockchain consensus processes, Ankr has developed the most scalable and decentralized staking infrastructure solution.
BinaryX (BNX)
BNB Chain (BSC) based play-to-win game CyberDragon is supported by BinaryX project. Originally a decentralized derivatives exchange technology, BinaryX has stepped into the booming GameFi market. He is currently developing CyberDragon, a traditional MMORPG with DeFi components. Players can choose between various game modes such as PvE and PvP. All characters and items are NFTs. Players can earn money by participating in the game in CyberDragon’s dual token economy.
Trust Wallet Token (TWT)
Trust Wallet Token or TWT is a regular BEP-20 (BNB) token that offers various incentives to Trust Wallet users. In addition, the project’s mobile cryptocurrency wallet supports a variety of popular local assets. When using Trust Wallet, TWT token holders have discounts on in-app purchases of cryptocurrencies. They also provide access to various benefits such as access to DEX services.
Trust Wallet Token is a utility token useful only for Trust Wallet app users. In other words, it serves no purpose other than its ecosystem. However, Trust Wallet Tokens can be transferred to any wallet that accepts Binance Smart Chain assets. At the same time, as they are BEP-20 assets, they can be used to pay for services or barter with other assets.
Zilliqa (ZIL)
Zilliqa is defined as a public and permissionless Blockchain. It can process thousands of transactions in milliseconds, as requested by the blockchain. It is also programmed to provide high efficiency. With this, Blockchain offers a solution to the common problem of blockchain scalability and speed. The platform also supports yield farming and many other decentralized applications.
In June 2017, Zilliqa’s development work officially started. The testnet debuted online in March 2018 and the mainnet in June 2019. Zilliqa’s native token, ZIL, is used to execute smart contracts and perform network transactions. Zilliqa wants to be the blockchain of choice for large-scale commercial applications, particularly in the financial services and payments, gaming, advertising and entertainment industries. cryptocoin.comAs you follow, ZIL is currently trading at $0.03433.
Basic Attention Token (BAT)
BAT offers a different approach to the digital advertising economy with Blockchain. It is a brand new decentralized, open source and effective Blockchain-based digital advertising platform. It uses BAT tokens in its ecosystem. Based on consumer usage, advertisers pay publishers with BAT tokens in the ecosystem.
Additionally, users will receive BATs for participating in various activities. They can use them on the site or contribute to publishers. This open method serves fewer but more relevant ads while maintaining the privacy of user data. Brave browser is a fast, open-source browser with privacy features that block intrusive ads and trackers.
It also has a ledger system that anonymously measures the user’s attention in aggregate to compensate the publishers fairly.
According to the whitepaper, the BAT system provides:
- Users: strong privacy and security, improved relevance and performance when viewing ads, and sharing a token.
- Publishers: Better revenue, better reporting and less fraud.
- Advertisers: less expensive customer attention, less fraud and better attribution.
