What are Web 3.0 coins? Is it worth the investment or not?
In my opinion, Web 3.0 is the future of the internet. It's just that we don't know for sure when it will happen.
If you invest, you should monitor and consider to be at the right time when the new trend is budding. Avoid FOMO swinging to the top or holding capital for too long.
Web 3.0 Coins
Here are the top 10 most popular Web 3.0 coins. There are many potential coins in it.
DISCLAIMER: This is not investment advice!
Chainlink (LINK)
Chainlink is a decentralized Oracle network. Mediate the data connection between the blockchain and the real world.
It is one of the biggest oracles in the crypto space, operating on many different blockchains.
Filecoin (FIL)
Filecoin is a decentralized storage service. Anyone can buy storage online.
Unlike centralized storage services like Amazon S3 or Dropbox, user data is divided, encrypted, and distributed across the nodes of the network.
Theta Network (THETA)
Theta Network is an open source, online video streaming platform that enables community innovation. Network using proof-of-stake (POS) mechanism
Users will be rewarded with TFUEL tokens if they share their bandwidth and computing resources with the network.
YouTube co-founder Steven Chen says Theta will disrupt the way people watch videos. Similar to how YouTube did in 2005.
The Graph (GRT)
The Graph is likened to “Google of blockchain”.
The Graph collects, processes, and indexes data on the blockchain and distributes it to users.
BitTorrent (BTT)
BitTorrent is a peer-to-peer resource sharing protocol that was born in 2001. That is long before Bitcoin was born.
Building BitTorrent on the blockchain makes the protocol even more powerful.
BTT is the first project on Binance Launchpad in 2019.
Helium (HNT)
Helium is a wireless internet based on blockchain technology.
Helium's idea is to create a wifi network that is cheaper and managed by the community without any intermediaries.
Basic Attention Token (BAT)
Basic Attention Token (BAT) is a token developed by Brave browser.
All activities related to advertising on the browser will be paid in BAT.
Siacoin (SC)
Siacoin is a decentralized cloud storage platform similar to Filecoin. The platform runs on the Sia blockchain and was founded by the company Nebulous.
Compared to centralized storage platforms like Amazon, the usage fee of Siacoin is up to 10 times lower.
For example 1 TB of storage on Amazon costs $23 while on Sia only $2.
Arweave (AR)
Similar to Filecoin and Siacoin, Arweave is also a decentralized storage platform.
Arweave uses blockweave technology, a variant of blockchain.
Accordingly, a new block is not only associated with the previous block, but also with any previous random block.
The difference of Arweave is its permanent storage service while the rest only provide contract hosting.
Livepeer (LPT)
Similar to Theta Network, Livepeer is also a video streaming platform on the blockchain.
So I just went through the coins Web 3.0. I will update more.
Wish you success!
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