As the cryptocurrency market continues to evolve, the next big excitement is centered around Web3 projects. While Metaverse projects are still in demand, Web3 aims to power Metaverse economies through cryptocurrencies, decentralized infrastructures, and user-owned ecosystems. In this article, we examine the top 3 Web3 coin projects to watch for 2022, ranked from lowest to highest by market cap.
Here are the huge volume web3 coin projects
Ocean Protocol creates the tools needed for Web3 applications. It focuses on decentralizing the data sharing economy to ensure public access and transparency when buying and selling data. They recently launched the H2O token, a stablecoin similar to DAI. OCEAN price is also accustomed to price movements in excess of 20%. Check out the 3-month performance of the project:
Next up is Arweave, a new type of decentralized storage network that allows users to store data forever. The network allows anyone to contribute and get paid as a reward. Users earn AR token rewards for data storage on the network. The chart below belongs in AR.
cryptocoin.com Don’t forget to take a look at the metaverse articles (section-1, section-2) we prepared.
Helium aims to improve communication capabilities of IoT devices
Helium Network powered by Helium Blockchain is called “Public Network”. It consists of distributed long-range wireless access points that form a next-generation Web3 network. HNT nodes are subject to the Proof of Coverage consensus mechanism, which is rewarded with tokens. It currently creates one of the largest IoT networks in the market, with more than 364,000 hotspots. There are also several options available for those looking for stake pools. Check out the HNT chart:
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