As the majority of the stakeholders and investors in crypto ecosystem are trying to invent new ways to invest in blockchain and crypto, Web 3.0 is about to emerge as the cornerstone of something bigger than the tech industry ever imagined.
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Web 3.0 is the new breed of the internet that aims to become the decentralized version of the virtual world. Using this network, users can interact and collaborate intelligently without worrying about the central and data-specific repositories. Web 3.0 strives for transparency, and the users will see endless resources, content, and agreements that will be accessible to all. Web 3.0 cryptocurrencies are decentralized projects that use smart contracts and automate transactions over the internet. So, here we present a list of the top Web 3.0 cryptocurrencies to buy before it booms in 2022. .
What is Web 3?
The easiest way to understand Web 3 is as the next generation of the internet. It’s about increased transparency, decentralization, and giving users control of their own data. Rather than big companies acting as intermediaries when we surf the web or post on social media, Web 3 puts individuals in the driving seat.
Imagine the amount of time we spend online. It might be spent surfing the net, contributing to communities on social media, playing games, or a myriad of other activities. A central theme to Web 3 projects is that you — not a big company — could profit from those activities. For example, instead of a company receiving advertising revenue by selling your screen time, you could receive a portion of that cash.
Here is a list of thriving web 3 projects to WatchOut before it records huge profits in 2022.
Audius
Audius is a decentralized music streaming platform that aligns the interest of artists, fans, and node operators with its native token, AUDIO. The token can be used for governance, staking, and incentivizing artists’ earnings. Audius also rewards its creators by featuring their music in the weekly trending lists.
Flux aims to provide the groundwork for the developers to build out this new iteration of the web. With the help of Flux, users can develop Web 3.0 applications and decentralized projects and then deploy them across various networks. This becomes especially efficient with the help of FluxOS- a decentralized operating system made just for Flux users. It also offers blockchain-as-a-service (BaaS), which is very similar to SaaS.
Theta aims to be the next-generation entertainment and video that’s blockchain-powered by its users. It aims to facilitate the delivery of decentralized video for users, with enterprise validator nodes from Sony, Google, Samsung, and other companies.
BRD is a global company that aims to bring blockchain-enabled financial services to the mobile generation – providing consumers with the simplest and most secure way to buy and protect bitcoin and other cryptocurrencies.
BRD is also the maker of Blockset, a new hosted blockchain infrastructure platform for large enterprises. Launched in 2015, and headquartered in Zurich, Switzerland, BRD is a venture-backed company that has raised $56 million USD from SBI Holdings, Ripple, and other investors focused on banking, FinTech, and blockchain. BRD’s crypto apps are available for both iOS and Android in 170 countries.
If you would like to know where to buy Bread, the top cryptocurrency exchanges for trading in Bread stock are currently Binance, HitBTC, Hoo, WazirX, and CoinEx.
Helium is a decentralized blockchain that aims to improve the communication capabilities of wireless Internet of Things (IoT) devices through the creation of wireless networks for low-powered devices to communicate with each other.
The Helium blockchain uses a unique proof-of-coverage (PoC) consensus mechanism that rewards users for contributing to validating transactions (mining) and ensuring network stability.
As more devices join the internet with Web 3.0 growth, the Helium ecosystem could gain more usage. Its native coin, HNT, could thus increase in value as the network grows.
Priced at $22 as of March 4, HNT is the No. 46 cryptocurrency with a float-adjusted market capitalization of $2.5 billion.
Helium is anti-inflationary; its total supply is fixed at 223,000,000 HNT coins.
Note : This analysis is not a financial advise. It is to help you make informed decisions. Note that cryptocurrency is a high volatile market, always do your diligent research before purchase.
