The cryptocurrency market is evolving and growing daily, currently the big hype is on Web3 coins. However, Metaverse projects are still in getting massive interest from investors and in demand. Then, Web3 coins targets to power the Metaverse economies via their decentralized infrastructure and user-owned ecosystems.
Furthermore, we will be looking at the top 3 Web3 coins to know in 2022.
Firstly, Ocean Protocol is building the tools for Web3 applications and it focuses on decentralizing the data-sharing economy. Of course, this is particularly for providing public access and transparency during the buying and selling of data.
Also, Ocean Protocol’s ecosystem is still growing massively as they announce the upcoming launch of the H2O token, a stable coin like DAI.
Secondly, Arweave is a new type of decentralize storage network, which permits users to store data forever.
Also, this is as per its official website’s information
“As a collectively owned hard drive that never forgets, Arweave allows us to remember and…”
“preserve valuable information, apps, and history indefinitely.”
“By preserving history, it prevents others from rewriting it.”
More so, Arweave has the description of their next-generation Web3 network, The Permaweb. Notably, this is a global, community-owned network giving people access to contribute and receive payment as a reward.
Thirdly, Helium Network (HNT), $4 billion
Powered by the Helium Blockchain, “The People’s Network.” So, It’s a network of long-range wireless hotspots, which creates a next-generation Web3 network.
Lastly, Helium Network makes use of a consensus mechanism “Proof of Coverage”. Also, these rewards HNT node operators with tokens.
photo credit : expert
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