Strong changes in the technology sector have appeared since the pandemic’s beginning, and 2021 saw the start of the trend of digital assets. 2023 will be the year of diverse investment opportunities, new cryptocurrency trends, and blockchain technologies, which will underlie Web 3.0.
Best Web3 Crypto Coins List for 2023
What are Web3 crypto coins? Web 3.0 tokens are digital assets that are associated with the vision of creating a decentralized Internet. These protocols may provide various services, such as computation, bandwidth, storage, identification, hosting and other online services formerly provided by cloud providers.
Mukesh Ambani is a big businessman in India who asserted his faith in the power of blockchain. He truly believes that blockchain will redefine the financial world:
It’s time for equitable value across geographies and economic classes to be created through Web 3.0.
The new web is expected to be a stage where the Internet will belong only to users and developers and be controlled using Web3 tokens.
WAX (WAXP)
The WAX blockchain launched at the end of 2017. It is currently one of the best blockchains for the GameFi sector and metaverse cryptocurrencies. WAX (Worldwide Asset eXchange) is best suited for metaverse and compatible projects, providing low gas and high throughput operations while running on DPoS. Payment for operations is carried out using CPU, RAM, and NET.
WAX is very user-friendly and definitely worth buying in 2023. There are many popular games and other projects on the platform, indicating the WAXP token’s growth potential in the long term.
If you’re wondering where to buy WAXP to purchase some NFTs, you should definitely think about buying it at Switchere. On our platform, you have an opportunity to buy WAXP in the fastest and most convenient ways using any available payment method. Moreover, we offer some surprising bonuses! Users of our platform enjoy a 0% service fee for the first order.
Decentraland (MANA)
MANA is the cryptocurrency of the Decentraland metaverse. Buying this kind of Web3 token is one of the best solutions for those who want to invest in the birth of virtual worlds. Decentraland is an opportunity to bridge the gap between the real and digital worlds with the help of virtual reality. With the help of the project token, it is possible to buy land, rent it out, build virtual real estate, and much more.
After acquiring virtual land, users will be able to build any property (shopping center, apartment, house, or casino). In-game buildings bring a lot of profit, which can be converted into real money. It should be noted that many real estate projects, which have been created in Decentraland since the ecosystem’s launch, have been sold for millions of dollars.
The MANA cryptocurrency is considered one of the best Web 3.0 blockchains by performance. In 2017, the asset’s value was almost 3 cents at launch. For 5 years, the price peak was at around $5.9.
Read Next: What Is Decentraland (MANA): Everything You Need to Know 2023
Chromia (CHR)
Chromia was launched in 2019. This relational blockchain allows developers to create and develop projects on the blockchain many times faster than using classic smart contracts. The SDK helps new creators seamlessly and intuitively deploy dApps. For example, NFT games My Neighbor Alice and Mines of Dalarnia were created with the support of the Chromia platform. Both described games are estimated at $130 million.
Chromia is a brand-new platform, and the project ecosystem is still under development. Still, the CHR coin position in the list of the best web3 tokens for 2023 is definitely undervalued by investors. It’s time to start monitoring the asset since more and more apps and games are being created with its help.
Theta Fuel (TFUEL)
Theta project is an open-source video streaming platform that rewards users for bandwidth and computing equipment. One of the founders of the YouTube platform, Steve Chen, is confident that Theta can disrupt the online video sector. The process will be very similar to how YouTube itself did it in 2005. Theta solves the problem of delivering content to certain parts of the world by cutting costs. The developers are sure that providing the highest quality streaming video for any user is necessary.
The reward takes place with the help of the TFUEL project token. Users, in turn, get paid if they share their own computing resources and bandwidth. The platform also has a classic asset called THETA, which is needed to manage the platform itself.
Chainlink (Link)
Chainlink is a decentralized network of oracles that provides the necessary data flow for smart contracts running on different blockchains. In other words, the project is designed to support blockchains. The main direction is to make smart contracts even more powerful using dynamic exits. Oracles, in turn, are objects that connect real-world data with decentralized systems.
The Grayscale fund has a LINK token in its portfolio, and the asset’s current value looks very attractive.
Conclusion
In conclusion, the most promising assets in the cryptocurrency market for 2023 are Web3 coins, metaverse tokens, and NFTs. There is rapid technological development in the field of Internet decentralization, where virtual reality and artificial intelligence technologies are actively used. Blockchain is becoming more accessible and more popular. Thus, the assets described are some of the best crypto coins to invest, influencing Web 3.0 support.
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