Web 3.0 is the most anticipated internet technology that leverages machine learning, artificial intelligence, and blockchain to create real-world human communication. And thus, creating a buzz in the crypto world. Investors, as well as developers, are excited to dip and build with the top blockchain projects with Web 3.0. If you are an investor, you might be wondering which Web 3.0 blockchain project is worth investing in. Here are the top Web 3.0 blockchain projects worth adding to your portfolio.
A cryptocurrency and technology platform that bridges non-blockchain companies to connect securely with blockchain platforms. With this, it is expected to play an important role in the implementation of blockchain technology in the real world with the use of smart contracts. The Chainlink network was launched in 2017 by SmartContract, a for-profit company with its founders Steve Ellis and Sergey Nazarov. LINK (Chainlink), the native token of the platform was launched the same year with its price below 20 cents but later increased to $1 up until 2019. The token has a maximum supply of 1,000,000,000 and currently has a circulating supply of 467,009,550 LINK. On May 10, 2021, LINK (Chainlink) recorded an all-time high with its price of $52.88. In a data by Crypto.co, the token has now a market cap of $8,124,880,862 with its price at $ 17.47. Although its price has tremendously dropped by more than 3 times its recorded all-time high, LINK (Chainlink) remains to be one of the top Web 3.0 blockchain projects considering its real use case.
Founded in 2013 not as a crypto company but as a long-range, peer-to-peer wireless network that encourages people and businesses to set up hot spots and connect them together. Today, Helium is known as a decentralized wireless network for “internet of things” (IoT) gadgets powered by cryptocurrency. It is also dubbed the world’s fastest-growing crowdsourced network for IoT. Helium is backed by GV (formerly Google Ventures), Khosla Ventures, Union Square Ventures, Multicoin Capital, FirstMark, Marc Benioff, Shawn Fanning, and other top VCs and is available in more than 1,000 cities in North America. The network utilizes a “proof-of-coverage” consensus mechanism which is more conservative in terms of energy consumption compared to “proof-of-work” and is less harmful to the environment. It uses radio waves to validate Hotspots that provide legitimate wireless coverage. By validating transactions through this process, new blocks are added to the blockchain and a Hotspot can earn HNT (Helium) as a reward. On Nov. 12, 2021, HNT (Helium) token recorded an all-time high with its price at $55.22. Today, HNT (Helium) has a market cap of $2,590,824,797 with its current price at $25.90 in data by Crypto.co. The token is predicted to rise to as high as $86.48 by 2025 so if you are willing to wait for that to happen, you might as well stake them.
The Graph (GRT)
It is a search engine for blockchain data from networks like Ethereum and Filecoin. Using the platform, developers can build and publish APIs called subgraphs making them accessible to everyone. The Graph was founded by Yaniv Tal, Jannis Pohlmann, and Brandon Ramirez in 2018. GRT (The Graph) is the native token of the platform and is used to pay for viewing subgraphs. Along with Ethereum, The Graph network has added NEAR and EVM compatible chains to its supported chains giving developers more choices to build their subgraphs and deploy smart contracts. Users can earn GRT (The Graph) by becoming delegators, curators, and indexers. At its current price of $ 0.493007, GRT (The Graph) has a market cap of $3,279,356,817. On Feb. 12, 2021, GRT (The Graph) reached an all-time high of $2.88.
If you have been watching pirated movies, definitely you are very familiar with BitTorrent. But wait, don’t get the wrong impression about it because there is nothing illegal about BitTorrent. So, what is BitTorrent really about? It is simply an internet transfer protocol like http (hypertext transfer protocol) and ftp (file transfer protocol). Let’s get this straight. BitTorrent is simply for peer-to-peer file sharing that allows users to share data and e-files on the internet in a decentralized manner. Facebook, Twitter, Wikipedia, and Blizzard are just a few of the companies that use BitTorrent. BTT (BitTorrent) is used to access the features of the network like when they enter agreements with providers. It is also used to power decentralized applications including DLive, BitTorrent Speed, BitTorrent File System, and a lot more. BTT (BitTorrent) has reached a market cap of $2,016,085,112 with its price at $0.001081 recording an all-time high of $0.013566 on April 5, 2021. It is predicted to reach the price of $0.005 by 2023 and yes you can stake your BTT tokens while waiting for the price to surge.
Basic Attention Token (BAT)
Have you heard of the Brave browser or have currently shifted to it from Chrome as a browser? Then, you are familiar with BAT (Basic Attention Token). But how does it work? BAT (Basic Attention Token) is a blockchain-based protocol built on Ethereum that is used for tracking media consumers’ time and attention on the website for Browser users. It incentivizes users for viewing ads while protecting their privacy. With BAT (Basic Attention Token) publishers deliver higher impact ads and advertisers, they are assured that their products and services reached a high-potential audience. It was created by Brendan Eich, co-founder of Mozilla and Firefox in May 2017. In data by Crypto.co, BAT (Basic Attention Token) market cap is $1,335,861,893 with its price at $ 0.896339. The token is already listed on over 200 crypto exchanges including Binance and Coinbase. So, if you want to earn BAT, install a Brave browser now and start viewing ads anonymously if you wish. BAT (Basic Attention Token) is expected to reach $1 in price within the year.
With the entry of Web 3.0, these companies will definitely rake in more money as their demand increases. More Web 3.0 blockchain-based projects will be launching soon as the interest in DeFi and NFTs continue to surge. But mind you, these companies already have proven track records and withstood the test of time. So, if you would like to invest, better to consider them on your list. But of course, you always have to “DYOR” before investing. As an investor, you are always responsible for how and where to invest your money.