Before discussing the best Web 3.0 crypto projects; let us know what exactly Web 3.0 is. Web 3.0 is the new internet generation that focuses on decentralization, Artificial intelligence, and the Semantic Web.
By decentralization, it means that there will be no owner, no CEOs, or presidents. Every individual will be the owner of the web, and he would have complete control over his data. Currently, few companies control the whole Internet, and there is no room for the new to grow. These big companies are called “Siren Servers. “They give free services to users in exchange for their valuable information. They are the owners of users’ data, and that data is used to spy and advertise on users. Due to these factors, web 3.0 is being emerged. Some of the best Web 3.0 crypto projects are discussed below.
Best Web 3.0 Crypto Projects
Polkadot is one of the best Web 3.0 Crypto Projects. It is a project by Web 3 foundation, which is among the top 10 cryptocurrencies. This was launched in Oct 2017. It resolves many of the limitations like scalability, interoperability, and security. Polkadot offers fast speed with lower fees.
|One Year High||$55.00|
|One Year Low||$10.42|
|Circulating Supply||987,579,314.96 DOT|
Filecoin is like a filing cabinet for web 3.0. It is a decentralized storage network that is an alternative to centralized cloud storage. File coin is secure enough to store any sensitive data. It seeks to store data virtually to bring stability to the network.
|One Year High||$237.24|
|One Year Low||$16.81|
|Circulating Supply||143,957,920.00 FIL|
Flux offers the developers to use the platform to build applications related to Web 3.0. This platform is known as FluxOs which is a decentralized operating system. Flux operates through Blockchain as a service (Baas).
|One Year High||$4.17|
|One Year Low||$0.07|
|Circulating Supply||228,796,579.75 FLUX|
Helium works on proof of coverage consensus algorithm to broadcast data through radio waves to be recorded in Blockchain and uses a global network of low-energy wireless hotshots.
Anyone can purchase a hardware hotspot and store it in a home, office, or apartment. Other persons can access this hardware hotspot by reaching that point and using free Internet. When they connect to the Internet, the owner of the hardware hotspot gets rewarded. It makes Helium one of the best Web 3.0 Crypto Projects.
|One Year High||$55.22|
|One Year Low||$6.07|
|Circulating Supply||113,367,513.49 HNT|
The Graph coin was launched in Dec 2020 as an indexing protocol. It is like a Google to the Ethereum as it enables the search of Ethereum data through simple queries. The Graph is a good example of a Web 3.0 project.
|One Year High||$2.19|
|One Year Low||$0.3054|
|Circulating Supply||4.72B GRT|
Kusama was developed by the same team that created Polkadot. The founder of Kusama is Dr. Gavin Wood. Kusama is like the canary network to Polkadot. Because of Polkadot, the Kusama project is also one of the best Web 3.0 Crypto Projects
|One Year High||$623.75|
|One Year Low||$105.72|
|Circulating Supply||8,470,098.06 KSM|
Zcash is a privacy coin developed by scientists from John Hopkins, MIT. Zcash was initially built on the bitcoin codebase, but it has only one difference: its privacy feature.
|One Year High||$370.14|
|One Year Low||$82.28|
|Circulating Supply||13,945,356.25 ZEC|
Ocean is playing a significant role in creating a data ecosystem. Ocean aims at unlocking the available data to make it accessible to a broader range of organizations and individuals.
Ocean is working on the decentralization of data sharing on the Internet. Ocean is working hard to return control of data to individuals. Ocean is also working to develop its stable coin.
|One Year High||$1.94|
|One Year Low||$0.3248|
|Circulating Supply||613,099,141.00 OCEAN|
Internet Protocol was launched in 2021. The core purpose of Internet Protocol is to decentralize the Internet with independent data centers worldwide. This would be an alternative to the corporate cloud services like Amazon Web Services (AWS) and Google cloud. This project is also counted as one of the best Web 3.0 Crypto Projects.
|One Year High||$750.73|
|One Year Low||$0|
|Circulating Supply||212,526,586.33 ICP|
BitTorrent is a TRC-10 token. Applications powered by BitTorrent are BitTorrent speed, BitTorrent file system, and others.
In BitTorrent, the large files are divided into small fragments and sent over the Internet. These files get reassemble on the recipient’s computer, and he automatically becomes part of the distribution. Due to these features BItTorrent is one of the best Web 3.0 Crypto Projects.
|One Year High||$0.000003054|
|One Year Low||$0.000001691|
|Circulating Supply||923,767.70B BTT|
We have seen in web 2.0 video streaming networks controlled by the key players, and the reward of contributions was not given to the users. Livepeer is an alternate that offers decentralized video streaming built on the Ethereum network. It is cost-efficient and aims at encouraging network participation.
|One Year High||$100.24|
|One Year Low||$1.09|
|Circulating Supply||21,164,655.33 LPT|
We have seen in web 2.0 that the files were stored in centralized data centers. There were high chances that we may lose those files. Storj resolved this problem and offered decentralized cloud storage. The files are encrypted, and they are split into tiny fragments which are distributed on a global cloud network.
|One Year High||$3.91|
|One Year Low||$0.5059|
|Circulating Supply||385,463,577.92 STORJ|
Biconomy was launched in 2019. Before Biconomy, the users had to pay gas fees every time, and they had to pay in ether only. They also faced volatile and high gas fees. Biconomy works on gas optimization techniques to resolve the user’s pain points.
|One Year High||$21.87|
|One Year Low||$1.04|
|Circulating Supply||114,812,730.78 BICO|
Conclusion to best Web 3.0 Crypto Projects
The best Web 3.0 Crypto Projects are Polkadot, Filecoin, Flux, Helium, The Graph, Kausama, Zcash, Ocean, Internet Protocol, BItTorrent, Livepeer, StorJ, Biconomy etc.