Connect with us

Opinions

Top Web 3.0 Cryptocurrencies To Take a Look At

mm

Published

on

Top Web 3.0 Cryptocurrencies To Take a Look At

Web3 is changing the way that things are being done at the moment. This is a list of some of the top Web3 coins at the moment.  

  • Kusama

This is a highly scalable network that is based on the Substrate framework that allows developers to create their innovations.  

It was created by a co-founder of Ethereum and Polkadot’s founder, Gavin Wood. 

With the native token, KSM, users can vote on different aspects of the network.  

  • Theta

This is a video streaming ecosystem that offers incentives to those that share their additional computing resources with others. 

It makes it easy and cheap for videos to be sent to different parts of the globe without cutting down on the quality. This feature makes it possible for those living in poor areas of the world to have access to high-quality videos without them spending a lot.  For sharing one’s computing rewards, the user is given the Theta Fuel token (TFUEL).

By holding the THETA token, it is used to vote on changes in the ecosystem.  

Advertisement
  • Ocean Protocol

Ocean Protocol offers developers the necessary tools to create their Web3 apps. It also permits a decentralized data sharing system. Holding the OCEAN token, allows users to get involved in governance processes, buy and sell data. 

  • Kadena

Kadena was created to power global financial systems by offering smart contracts and security to the PoS network. It is highly scalable because of its braided chains, allowing it to process hundreds of thousands of transactions every second.  

  • Arweave

This is a decentralized storage network that allows users to access a permanent storage system to host their apps and data.   

Everything the user stores is permanent on Arweave. Users can lease their additional storage space for the money.

Rose Nnamdi is a crypto content writer that loves drafting content on cryptocurrencies and innovative platforms building on blockchain technology.

Newsletter

Trending