A list of top 5 web 3.0 cryptocurrencies to invest in for 2022
These new, emerging cryptocurrencies are getting traction for their rewards system. For investors looking to grow their digital portfolios, these might be the best option given they can produce high ROI. Multiple other blockchain-based cryptocurrencies exist too so please do your research before committing your money to one.
Blockchain has become very popular recently. It is now being implemented in many different areas of business, but one of the most important for the internet (especially cryptocurrency). A large number of people are investing now to make money off your changes. Web 3.0 is a new version of the internet that proposes to offer you the decentralised digital space where users have full control over their information. This comes with increased transparency and read/write access for all content available on it.
Polkadot is one of the most well-known cryptocurrencies in the market, but investors might not know that it’s actually a Web 3.0 project. The network seeks to solve scalability & security issues when compared to other cryptocurrencies.
Filecoin is like the filing cabinet for Web 3. It is a decentralized storage network, which can be used as a secure alternative to centralized cloud storage and passive way of making money. The security levels that it provides also make it suitable for storing more sensitive information.
The Flux project aims to serve as the groundwork for developers to create and implement Web 3.0. One can develop and launch decentralized applications and projects with FluxOS, which becomes especially efficient when coupled with the help of other products in the Flux project such as FXOS or Spring. These other products assist developers in their process of process of designing, developing,
Livepeer is a decentralized video streaming network that allows for secure, peer-to-peer video sharing. It’s cheaper and more efficient than the other options while also being very scalable.
It mainly addresses two goals: 1) enable distribution of live real-time video and 2) offer a low latency solution to stream any type of media whenever and wherever to viewers on desktops
OCEAN is a crypto protocol that offers all the features you need to develop functional Web 3.0 solutions. The development team has included several tools and features required to build successful decentralized apps, and data sharing is also a key part of their platform.