Top 10 Web 3.0 Cryptocurrencies Need to Buy Before in 2022

Top 10 Web 3.0 Cryptocurrencies Need to Buy in 2022

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by Amelia Scott — 3 months ago in Blockchain Technology 3 min. read
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Web 3.0 cryptocurrency is a decentralized project that uses smart contracts to automate transactions

Blockchain technology has been growing in popularity. The internet is one of the most promising areas for it to make progress. The majority of the world’s population is looking for new ways to invest in crypto and blockchain, but Web 3 could be the foundation of something much bigger than what the tech industry has ever imagined. Web 30 is a new breed of the internet that aims at becoming the decentralized version of the virtual world. This network allows users to communicate and collaborate without having to worry about data-specific and central repositories. Web 3.0 is all about transparency. Users will have access to unlimited resources, content, agreements, and other information. Web 3.0 cryptocurrency is a decentralized project that uses smart contracts to automate transactions via the internet. Here’s a list of top Web3.0 cryptocurrencies you should buy before it booms 2022.

Helium

Helium, a blockchain-powered decentralized network for IoT devices, uses a global network of low-energy wireless hotspots in order to broadcast data via radio waves and record it in the blockchain. To verify that hotspots provide legitimate wireless coverage, the network uses the new proof-of-coverage consensus algorithm.

Chainlink

LINK is a layer of blockchain abstraction that enables universally connected smart contracts. It not only offers the perfect combination of technology and project but also has sufficient resources to allow for future development. The best part: Chainlink possesses an excellent community. Chainlink is preferred by many crypto investors over other cryptocurrencies.

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Filecoin (FIL)

Filecoin works like a filing cabinet for Web 3.0. It’s a decentralized storage network that serves as an alternative to centralized cloud storage. Filecoin can store any type of data: audio files, video clips, still images, or text. It claims it is secure enough to store sensitive information such as company records and private company information. It is one of the most popular web 3.0 cryptocurrencies that you can buy before it booms in 2022.



Audius

Audius, a decentralized music streaming service, aligns artists’ interests with those of fans and node operators using its native token, AUDIO. This token can be used to incentivize artists’ earnings, governance, stake, and staking. Audius rewards its creators with music inclusions in the weekly trends.

Flux (FLUX)

Flux is designed to help developers build this new version of the web. Flux allows users to develop Web 3.0 applications, decentralized projects, and then deploy them across multiple networks. Fluxus, a decentralized operating platform created for Flux users, makes this process even more efficient. This is very similar to Saa, It also offers blockchain-as-a-service (BaaS).

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Theta (THETA)

Theta is a platform that enables users to create and share next-generation entertainment and video. It will facilitate the delivery of decentralized video to users using enterprise validator nodes provided by Google, Samsung, and Sony.



ZCash (ZEC)

ZCash was one of the first privacy-built cryptocurrencies. It was created by scientists from John Hopkins University, MIT, and other eminent scientific and academic institutions. This privacy coin is based on the Bitcoin codebase, with the exception of having a privacy option.

Livepeer

Livepeer, a decentralized video streaming platform built on the Ethereum blockchain, is called Livepeer. It allows for the most secure and cost-effective participation from all actors in the streaming ecosystem. It serves two main purposes: the distribution of real-time videos and encouraging network participation. You can buy it before it booms in 2022.

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Kadena

Kadena, a PoW layer-one crypto protocol, is said to be scalable and can process up to 480,000 transactions per minute (TPS) thanks to the use of branded chains. Kadena, unlike the PoW cryptocurrency Bitcoin, offers smart contract capabilities that are similar to those found in Ethereum.



Kusama

Kusama investing is like going on a loop via Polkadot. This is due to the proven track record of Parachains’ success. Parachain auctions are a way for developers to compete for a place on Kusama’s network. Kusama is considered a good short-term investment because the network is more mature and more powerful.

Amelia Scott

Amelia is a content manager of The Next Tech. She also includes the characteristics of her log in a fun way so readers will know what to expect from her work.

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