Best Web 3.0 Coins


In this article, we'll look at what Web 3.0 aims to achieve in many different areas, as well as what currencies are actively working on a decentralized Internet version.

What is WEB 3.0?

The term refers to the many sub-domains that attempt to disrupt the current state of the Internet and help small businesses and innovators compete against the tech giants. This is especially important in a world where most of the internet is controlled by a few giant corporations. It aims to create a one-to-one (peer-to-peer) experience, through which people will no longer rely on massive platforms like META, Google, Youtube, or even Tik-Tok. People will be able to interact and support creators directly, without having to rely on ad revenue and specific terms imposed by tech giants.

Building a decentralized version of the internet is a bold move, but the feeling is definitely positive. People are starting to care more and more about their privacy, and they are becoming increasingly annoyed with aggressive marketing that is slowly turning them into mindless consumers. This is why the project itself is so useful in the current context.

Moreover, it will help develop the so-called “Metaverse” in a decentralized manner. Currently, there are two main ways in which the Metaverse is expanding: a centralized one, led by Meta Platforms and other big tech names, and a decentralized version, in which developers build all kinds of dapps (decentralized applications) like virtual Earth and play-to-earn games and experience AR.

1-Bat token (Brave) browser

Brave is a Chromium-based browser that already has more than 50 million users. It has great privacy and a built-in ad blocker. The cool thing about Brave is that you can earn BATs (Basic Attention Tokens) for viewing ads. You can sign up to receive rewards and you can choose how many you want to see. Based on that, you will get tokens every month. Brave shares 70% of the revenue with its users. BAT is currently one of the few tokens with real value. Advertisers have to purchase tokens to run their campaigns. The more Brave users will have, the more ads will be in demand, so the tokens will grow. I see investing in BAT like buying stock in Brave. Given that they offer a great product and the number of utility cases already in place, I see Brave attracting more and more users in the coming years.


2. Presearch - PRE

Presearch is the first decentralized search engine framework, and it allows you to earn PRE tokens from surfing the Internet. Here, advertisers can buy and share tokens for specific keywords they want to target. Just like Brave, they are incentivized to buy tokens for their campaigns, which can raise the price significantly if more users join.


3. THETA NETWORK

Theta Blockchain is the “only comprehensive infrastructure for decentralized video streaming.” Basically, think Twitch, but think person to person. You support the creators directly by watching and sharing the live broadcast. This is great because they are no longer dependent on the big platforms and their terms and conditions and can focus on creating exactly the content they want, without fearing that their trading will be invalidated. As a viewer, you earn rewards in the form of Theta Fuel. Streaming quality is higher because every viewer shares excess bandwidth and resources and video platforms do not need to build expensive infrastructure, which means they can invest in other progressive directions. The network and protocol are open source, feature many decentralized applications, and have a wide range of genres to choose from: esports, film, television, learning resources, and peer-to-peer streaming. They have an impressive number of partners like Metro Goldwin Meyer, Lionsgate, Failarmy and even NASA.


4. Livepeer - LPT

Livepeer is a decentralized video streaming network built on Ethereum. It is a scalable and cost-effective solution for video infrastructure. The problem nowadays is the cost of live broadcasting. Videos need to be transcoded in order to be distributed on the Internet and this costs up to $4,500 per month for a single media server. Livepeer comes with a solution for this by being a peer-to-peer infrastructure that interacts through a marketplace secured by the Ethereum blockchain. There are two main components that ensure the success of Livepeer streaming: Moderators and Delegates. The coordinator is the person who joins the network and allocates his computer's resources (CPU, GPU and brand display) for the video encoding and distribution process. This is where LPT (Livepeer Token) comes into play. It makes sure to motivate users to participate in the network and make it fast, cheap and secure. LPT is used in transcoding and the more LPT you have, the more you can contribute. As more people join, the demand for video increases as well as the demand for transcoding and LPT, which leads to a higher price. Delegates are participants who share their LPT towards the coordinators to make sure the network is as secure as possible.


5. Ethereum - ETH

Ethereum is the largest blockchain when it comes to the number of dapps you run. Almost all of the great DeFi applications are built on Ethereum:
5.1 Maker – a decentralized lending app that supports DAI, one of the largest stablecoins
5.2 Aave - Decentralized, non-secure liquidity market protocol. Here you can participate as a lender or borrower. Lenders provide liquidity to borrowers and earn passively, while borrowers can take out loans.
5.3 Uniswap – Decentralized Exchange (DEX), where users can switch between ETH and any ERC20 token.
5.4 Sushiswap - Same as Uniswap, but with some modifications to the open source code.
5.5 Curve – One of the best DEXs when it comes to trading stablecoins.
5.6 Compound - Another place where you can lend/borrow.
5.7 DEX – Balancer allows you to buy tokens at the best possible prices.

6. Terra - Luna

Terra is home to the Anchor Protocol, the best place to earn passive income from your stablecoins right now, based on their return rates!

7.Cosmos-Atom

Cosmos is great because it offers inter-chain interoperability, allowing you to make better and smarter choices because you can link tokens from different blockchains. As such, it has gained a lot of popularity in recent weeks. Osmosis, the largest automated market maker built on Cosmos, is still in the early stages, and already has over $1 billion in value unlocked!

a summary

Web 3.0 is a great idea because it benefits everyone: both creators and consumers. It cuts the middle and allows for higher quality and greater user satisfaction. These are some of the most promising web 3.0 related cryptocurrencies, and as more users will switch to this person-to-person infrastructure, there is plenty of room for growth.

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