Web3 takes Blockchain mainstream and to the next level with its decentralization system in the game. Crypto expert Will Izuchukwu shares the top 5 Web3 coin projects under $2 million market cap to get on your radar in Q4 2022.
First Web3 coin project TenUp (TUP)
TenUP is a decentralized platform for Web3 dAapps. The project combines ideas with investors willing to support highly realistic offers. It provides the transparency and trust that is currently lacking, especially when distance is a factor. A venture capital network built on Blockchain technology that serves these purposes.
The TenUp Foundation smart contract is responsible for holding funds and overseeing voting processes. It also initiates smart contracts with selected candidates and tracks transactions. To maintain transparent oversight of related funding, the TenUp Foundation also requires winning bidders to meet a defined set of goals for each tier. TenUp Foundation securely distributes the cash collected for the selected project proposal to the candidate when each step is completed.
Big Data Protocol (BDP) is in second place.
Big Data Protocol has a network of 14,141 specialized data providers. Through them, it tokenizes commercially relevant data and liquidates the data token on Uniswap. Users generate data by liquidating data tokens.
Data producers provide datasets through BDP. BDP is also required for curators to provide services and for the data marketplace to charge fees. Holders must have a minimum amount of BDP to access features and benefits, including access to private datasets and data token airdrops.
The third Web3 coin on the list is Launchblock.com (LBP)
Launchblock.com is a platform aimed at raising money for decentralized digital assets. All users and DAO members enjoy the benefits of decentralized finance (DeFi). It also accesses an ecosystem with early-stage investment opportunities.
It lowers the barrier to entry and provides complete training and background information on startups. Thus, it reduces the time and money users spend searching for important possibilities. The platform supports additional Blockchains including Binance Smart Chain (BSC), Polygon, Cronos and others. It actually functions as an all-in-one solution for projects launched on Ethereum.
Bloom (BLT) is the fourth project of the list
Bloom is a blockchain-based solution for secure identity and credit scoring. The Web3 coin project gives consumers control over their financial and identity data. Bloom’s goal is to provide advanced data and identity authorization and authentication to consumers and businesses around the world.
Technology reduces the danger of identity theft. It also decentralizes the transfer of information between untrusted parties, reducing costs associated with customer engagement, compliance and fraud prevention. It is revolutionizing global identity and credit through a private, secure, financially inclusive and consumer-managed decentralized infrastructure.
Latest Web3 coin project ACENT (ACE)
The developers designed Acent Blockchain to quickly process large amounts of data and provide a Triple-A Web 3.0 experience ready for meta-applications deployment. ACENT has widespread use of Blockchain. It also develops methods to continuously improve product quality.
It is possible to make full use of the processing capacity of the local system. Blockchain synchronizes data verification in parallel with Blockchain. For this, it has state-of-the-art interface and crypto engine API technology. Thus, there is the possibility of creating high-performance applications. As a result, the community uses resources and infrastructure to build meta-applications.
This article, which we prepared as Kriptokoin.com, is not a trade or investment advice. Before buying any cryptocurrency or investing in a project, be sure to do your research.
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