Best Web 3.0 Crypto Coins to Purchase in 2023
Web 3.0 is the next version of the internet, resulting in emerging technologies such as blockchain, crypto, artificial intelligence, machine learning, etc. Seeing the growing demand of this market, the user can purchase Web 3.0 coins for long-term results. Several users are paying a lot of interest in buying web 3.0 crypto coins due to increased demand and its advantages to buyers.
Thus, there are several coins to pick from, so you can buy any one of them. Thus, considering all the facts and figures here is a list of the top web 3.0 crypto coins of 2022. So go through it and select.
What are Web 3.0 Crypto Coins?
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To understand Web 3.0 crypto coins, it is essential to learn about the growth of the internet. Firstly web 1.0 was the initial version of the internet from 1990, and it was a line of 56K modern collections with extremely low downloading times.
The next version was Web 2.0, which is where we are today. It has a super-fast connection, 5G Data, online streaming, and smartphones. And the next generation will be Web 3.0, which will take things to the next level and will focus on emerging technologies that include-
- Smart contracts
- Artificial intelligence
- Machine learning
All the above technologies will develop the ecosystem of web 3.0. Thus, if you are interested in this industry, you can buy Web 3.0 crypto coins.
Best Web 3.0 crypto coins you can purchase
If you want to buy the best Web 3.0 coins, here is a list of some best options that will offer you passive returns. Have a look and purchase Web 3.0 coins.
1. Helium (HNT)
Helium is the best wireless technology-based web 3.0 coin. Thus, to understand Helium, first know about the internet of things. By the next five years, around 75 billion devices will require something which connects the devices to the internet wirelessly. Right now, connecting these things is tricky and a lot more expensive.
Thus, to change the rules, there is a requirement for the new network, and here Helium plays its role. It is a long-range wireless technology and a secured blockchain that builds an ultimate network. The best thing is that you can own this built-in network. Due to this, Helium is one of the best web 3.0 coins.
2. Flux (FLUX)
Flux is typically a decentralized cloud computing network and a web 3.0-based coin that uses the PoW mechanism. Therefore, this cryptocurrency is a native utility token of the Flux network. There are several lucrative terms of Flux crypto.
It generally acts as a government token that you can use to pay network fees and get rewards for mining Flux tokens. You can also use these to develop applications on different servers simultaneously.
3. Filecoin (FIL)
An IPFS built, Filecoin is a top market cap web 3.0 coin. This coin is an incentive layer for the file system. The IPFS allowed it to host web content in decentralized form across numerous computers instead of centralized servers.
Filecoin and IPFS are two different protocols combined to create a decentralized internet. It is a native token to the Filecoin blockchain, built on IPFS. This web 3.0 coin handles all the storage data transactions and the client’s agreement that is looking forward to storing data.
4. Ocean Protocol (OCEAN)
The ocean is typically a decentralized data exchange protocol, and it is a top-rated web 3.0 coin combining AI, Big data, and IoT. It is an open protocol to exchange and monitor content and data-based services between individuals, companies, and organizations.
This protocol comprises three components: marketplace, providers, and consumers, which combine to make the system work. It is one of the best web 3.0 coins that you can purchase.
5. ChainLink (LINK)
ChainLink is another decentralized web 3.0 coin based on the oracle data system. It is a network of oracles that translates data from on-chain sources to off-chain sources and vice versa. Besides, smart contracts access real-world information outside the blockchain with these decentralized coins.
Meanwhile, chainLink also tackles the reliability problems associated with the centralized data source. It is a blockchain that is used to solve off-chain data problems such as temperature and stock prices, allowing the blockchain to read the smart contract data.
6. The Graph (GRT)
The graph is an indexing mechanism used to search data for the blockchain. This coin powers several DeFi and Web 3 crypto apps, and anyone can create and deploy application programming interfaces known as subgroups from these Web 3.0 coins.
This app is used to access blockchain data using GraphQL. Therefore, this centralized system will be released this year, and there is a hosting platform that has made it possible. The graph now indexes data from the Ethereum, IPFS, and POA.
7. BitTorrent (BTT)
BitTorrent is a powerful P2P (peer-to-peer) file-sharing torrent network that has been more decentralized recently. This coin was first distributed in July 2001 and was brought by TRON in 2018.
It provides several capabilities to the purchasers, including the native crypto coin BTT was established in February 2019. The TRON blockchain that uses TRC 10 standard was used to create the BTT coin. BitTorrent is the most prominent decentralized P2P technical standard.
8. Livepeer (LPT)
This Web 3.0 coin is basically for the decentralized streaming media network protocol. This coin is used for video streaming with all the current and upcoming broadcasting organizations. The platform will become a feasible blockchain-based that is a cost-effective replacement for the present centralized broadcasting systems.
The broadcasting sector and live video streaming are growing rapidly, and the company is hoping to capitalize on the trend by introducing decentralization to businesses.
Binance is a 2017 centralized exchange platform. In less than five respective years, the market of binance exchange is over 100 million users and billion dollars in trading volume. With that, it has entered several crypto-related niches such as crypto saving, leveraged projects, and owning blockchain.
It is a go-to network for newly launched coins. Thus, the digital currency of binance is used to pay any transaction fee when the user buys or sells the crypto coins. Again and again, binance has proved that it is the ultimate crypto innovator. Due to this, BNB could be the best web 3.0 crypto coin that you can purchase.
The core fundamental of the Web 3.0 ecosystem is to focus on financial services. For example, bitcoin is still a de-facto crypto coin in market capitalization. Thus Yearn.finance will play the same role in the future of Web 3.0 for its decentralized lending protocols.
It allows facilitating loans without any jurisdictional restrictions. The users can borrow the crypto coin to put up the collateral. Thus after which, the user will pay interest on the funds they have borrowed.
Also Read How To Invest In Cryptocurrency For Begin
With these coins, you can improve your portfolio. Thus, if you are more likely to invest in Web 3.0 coins, then the mentioned web 3.0 coins are the best option. It will offer you great potential results and passive returns. These coins are easy to diversify, which reduces the risk of loss.