As the cryptocurrency market meets the artificial intelligence (AI) trend in the new year, Web3 coins and tokens seize new opportunities. In this article, let me list 9 projects from the list of Web3-follower analyst Prasanna that can find a place in the artificial intelligence trend.
Expert pick 9 Web3 coins to watch in 2023
Helium (HNT)
Helium is a decentralized Blockchain network powered by devices using the Internet of Things (IoT) and proof-of-coverage algorithm.
By leveraging Helium, users can set up a wireless infrastructure that allows decentralized and low-power devices to communicate and transmit data using a network of nodes called a hotspot that covers a certain percentage of the network. Acting as miners, these hotspots allow users to both run nodes and mine HNT, the native cryptocurrency of the Blockchain.
Ethereum (ETH)
As the original smart contract blockchain, Ethereum has maintained its position as the largest player in the market. Ethereum is an open-source Blockchain that supports a large number of DApp and DeFi networks, making it a popular Web3 coin. Ethereum recently took the first step in its transition from PoW to PoS. This change further solidified Ethereum’s position as the blockchain of choice for many users.
Additionally, Ethereum hosts many leading NFT platforms such as OpenSea. OpenSea has the popular Bored Ape Yacht Club collection (BAYC) of NFTs, making Ethereum an attractive investment for NFT enthusiasts.
Chainlink (LINK)
Chainlink is a decentralized network that runs on Ethereum and is known for pioneering smart contracts based on real-world data. Its primary function is to provide oracle services to other Blockchains.
LINK is Chainlink’s native token and has seen a massive 4.190% price increase since its launch in 2017. Being among the first smart contract networks, Chainlink offers seamless integration with other Blockchains, making it the best choice for Web 3 developers and investors.
Filecoin (FIL)
Filecoin is a decentralized storage network that allows users to earn FILs by renting out their unused computer storage to others. One of the key advantages of using Filecoin is the ability to securely store digital goods, including NFTs, on the network.
Any user or data center can become a storage provider as long as they have enough disk space and internet access. The FIL tokens and transaction fees a user can earn depend on the amount of storage they provide.
Theta Network (THETA)
Theta Token is a blockchain-based platform built specifically for decentralized peer-to-peer (P2P) video streaming. Its purpose is to make the distribution of video content among users simpler and more efficient by using corporate verifiers from large companies such as Google, Samsung and Sony. The platform has its own cryptocurrency known as Theta coin.
Polkadot (DOT)
Polkadot is a Blockchain platform that enables seamless transfer of assets and data across multiple Blockchains and offers a range of services beyond token transfers. With the use of parachains in the Polkadot network, users can easily transact on several Blockchains.
One of the most important distinguishing features of Polkadot is the ability of its independent and unique parachains to communicate with each other, in line with Web 3 principles.
Left (LEFT)
There is a lot of debate over whether Solana will serve as the base layer for Web 3.0. Called the “Ethereum killer” or an Ethereum alternative, Solana is popular with Blockchain users due to its high scalability and low transaction levels.
Also, many NFT communities like Infinity Labs, Cets on Creck, Okay Beas, and Degenerate Ape Academy are choosing Solana over Ethereum for their initiatives.
Siacoin (SC)
Siacoin is a cloud storage platform and marketplace that uses decentralized technology to store and share data. Before uploading, files are encrypted and distributed across the network to ensure secure and private access.
What sets Siacoin apart is its affordability with storage costs up to 90% lower than traditional cloud providers. Additionally, Siacoin has introduced an open-source API that allows developers worldwide to build their apps on the platform. Developers can monetize their work by getting SC from users to unlock their projects.
cryptocoin.com We have included the most trending Web 3 coins/tokens of their last days in this article. Siacoin was one of the leading projects on the list with a performance of 49.04%.
Basic Attention Token (BAT)
Brave Browser’s cryptocurrency BAT facilitates a Blockchain-based digital advertising program. BAT ensures that user privacy is protected, while advertisers can target their ads to users.
As a reward for viewing ads, users receive a portion of the money from advertisers who pay for their ads using BAT tokens.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram And YouTube join our channel!
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.