Top 10 Web 3.0 Cryptos

Chainlink (LINK)

LINK is the native token of Chainlink, a decentralized oracle network that provides real-world data to smart contracts on the blockchain. Chainlink was founded in 2017. Sergey Nazarov is one of the co-founders of Chainlink.

LINK stands out as a utility token with several use cases. The tokens are used to incentivize data accuracy, keep contracts stable, and reward nodes that validate transactions. The tokens are ERC-20 tokens with the ERC-223 function. The ERC-223 function enables interaction with smart contracts.

Besides being a utility token, LINK tokens are also tradable cryptocurrencies. The tokens are listed in lots of cryptocurrency exchanges including Binance, Coinbase, Kraken, and Gemini. The tokens have a max supply cap of 1 billion LINK coins.

As of the beginning of 2022, Coinmarketcap indicates that there are more than 467 million LINK coins in public circulation. LINK is the 16th largest cryptocurrency by market cap valued at $12,299,666,152. Each LINK token is worth $26.36.

Filecoin (FIL)

FIL is the native token of Filecoin, a decentralized storage system that lets anyone rent out storage space. Filecoin was created by Protocol Labs which was founded by Juan Benet, an American computer scientist, who also created the Interplanetary File System.

FIL tokens power the Filecoin network. The tokens are used as payment for services provided by the Filecoin network. The services include storing, retrieving, and hosting digital information. The tokens are also used as an economic incentive, ensuring files are stored reliably.

FIL tokens are also tradable cryptocurrencies. The tokens can be bought from several crypto exchanges including Binance, OKEx, Huobi Global, and CoinTiger. FIL tokens have a maximum supply cap of 2 billion FIL coins.

As of the beginning of 2022, there are 147,799,573 FIL coins in public circulation. FIL coins are the 38th largest cryptocurrencies by market cap, valued at $4,477,016,902. Each FIL coin is worth $30.29.

Helium (HNT)

HNT is the native token of Helium, a decentralized blockchain-powered network for the Internet of Things (IoT) devices. The network was founded by Amir Haleem, Shawn Fanning, and Sean Carey. The three started the company behind Helium in 2013.

HNT tokens serve as a payout whenever Hotspots transfer connection data across the Helium network. Hotspots act as nodes on the Helium network. The network has another token, Data Credits, which users can use to pay transaction fees. Data Credits cannot be exchanged.

HNT tokens are also tradable cryptocurrencies. They are listed in lots of crypto exchanges including Binance, OKEx, FTX, and KuCoin. HNT tokens have a max supply cap of 223,000,000.

As of January 2022, there are 106,156,509 HNT coins in public circulation. HNT coins are the 47th largest cryptocurrencies by market cap, valued at $3,704,205,036. Each HNT coin is trading at $34.89.

Theta (THETA)

THETA is the governance token of the Theta Network, a blockchain-powered network for decentralized video streaming. Theta was founded in 2018 by Mitch Liu and Jieyi Long.

As a governance token, THETA can be used to participate in the Theta protocol’s governance. Holders of the tokens have a say in the future development of the platform. The tokens can also be staked by holders who wish to become validators or Guardian nodes to produce new blocks.

Besides THETA, the Theta Network also has the TFUEL, the main utility tokens of the Theta ecosystem. Among the several uses of the tokens is incentivizing users to share their redundant computing and bandwidth resources.

THETA tokens are tradable cryptocurrencies listed in several crypto exchanges including Binance, Bitpanda, Uphold, OKEx, and KuCoin. The tokens have a max supply cap of 1,000,000,000 THETA coins.

As of January 2022, there are 1,000,000,000 THETA coins in public circulation. THETA coins are the 39th largest cryptocurrencies by market cap, valued at $4,259,209,204. Each THETA coin is trading at $4.26.

BitTorrent (BTT)

BTT is the native token of BitTorrent, a popular peer-to-peer file sharing platform. The platform was created in 2001 by Bram Cohen. In 2018 BitTorrent was bought by the TRON blockchain. Its acquisition ushered it to the decentralized era. Over the years it has become increasingly decentralized.

BTT was introduced to the public in February 2019 through the TRON blockchain. The token was launched based on the TRC-10 standard. It is a TRC-10 token. The token plays various roles in the BitTorrent ecosystem. They can be used to pay for faster downloads with BitTorrent Speed. They can also be used to purchase storage space from the BitTorrent network.

BTT tokens can be found in several crypto exchanges for purchase. Some crypto exchanges listing BTT coins include Binance, Huobi Global, OKEx. The tokens have a max supply cap of 990 billion BTT coins.

As of the beginning of 2022, there are more than 930 billion BTT coins in public circulation. BTT coins are the 54th largest cryptocurrencies by market cap, valued at $2,592,687,311. Each BTT coin is worth $0.002619.

The Graph (GRT)

GRT is the native token of The Graph, a decentralized protocol for indexing and querying data from blockchains like Filecoin and Ethereum. The network allows decentralized applications to add data to the Ethereum blockchain using smart contracts.

GRT tokens are the Graph network’s utility and governance tokens. The tokens are ERC-20 tokens. They are work tokens that can be locked up by indexers, curators, and delegators to provide indexing and curating services to the Graph network.

Like most tokens, GRT tokens are tradable cryptocurrencies. The tokens are listed in several crypto exchanges including Binance, Bitpanda, Gemini, Crypto.com, FTX, and Huobi Global. GRT tokens have a max supply cap of 10 billion.

As of the beginning of 2022, there are 4,715,735,200 GRT coins in public circulation. As of mid-January 2022, GRT coins are the 51st largest cryptocurrencies by market cap, valued at $2,859,444,822. Each GRT token is trading at $0.6064.

Arweave (AR)

AR is the native token of Arweave, a decentralized storage network. Arweave sets itself apart as a platform used to permanently store data in a decentralized way. The network was founded by Sam Williams and William Jones.

AR is the utility token of the Arweave blockchain. The token has two main use cases. It can be used to pay for services provided on the network. For example, users who wish to pay for distributed storage pay for such a service using AR tokens. The tokens are also used as mining rewards.

AR tokens can be bought across several crypto exchanges. Some of the crypto exchanges listing AR tokens include Huobi Global, Bilaxy, Hoo, and MXC.COM. AR tokens have a max supply cap of 66 million.

As of the beginning of 2022, there are 33,394,701 AR coins in public circulation. AR tokens are the 70th largest cryptocurrencies by market cap, valued at $1,795,800,076. Each AR token is worth $53.78.

Basic Attention Token (BAT)

BAT is a cryptocurrency operating on a web browser known as Brave. Brave is a free browser that uses blockchain technology to anonymously and securely track user attention. The browser offers users an option of seeing or not seeing advertisements, which are a nuisance to many people.

BAT tokens feature several use cases. Their primary use case is as payment tokens. Users get rewarded in BAT tokens for viewing ads on Brave. Publishers also get rewarded in BAT tokens for user attention. The more efficient their content is at generating user attention, the greater the publishers’ revenue becomes.

BAT tokens are more than just utility tokens. The tokens are tradable cryptocurrencies. They are listed in several crypto exchanges for purchase. Some of the crypto exchanges listing BAT tokens include Coinbase, Binance, Kraken, FTX, Currency.com, and OKEx. BAT tokens have a max supply cap of 1,500,000,000.

As of the beginning of 2022, there are 1,494,004,919 BAT coins in public circulation. BAT coins are the 73rd largest cryptocurrencies by market cap, valued at $1,659,615,416. Each BAT token is worth $1.11.

Livepeer (LPT)

LPT is the native token of Livepeer network, a decentralized live streaming network launched in 2017. Livepeer Inc is the company behind the Livepeer network. The company was founded by Doug Petkanics and Eric Tang.

LPT tokens power the Livepeer network. The tokens are payment tokens and incentive tokens. Holders of the tokens can use them to pay for services provided on the network. For example, holders can use the tokens to broadcast videos. Users who contribute their computers’ processing power and bandwidth in service of the LIvepeer network get rewarded in LPT tokens.

LPT tokens are available for purchase across several cryptocurrency exchanges. Some crypto exchanges listing LPT tokens include Gate.io, Poloniex, OKEx, and Sushiswap. LPT tokens have a max supply cap of 22,906,951.

As of the beginning of 2022, there are 21,164,655 LPT coins in public circulation. LPT tokens are the 102nd largest cryptocurrencies by market cap, valued at $827,435,050. Each LPT token is trading at $39.09.

SiaCoin (SC)

SC is the native token of the Sia platform, a blockchain-based decentralized cloud storage platform. The platform was officially launched in June 2015, although it was originally announced in 2014. David Vorick and Luke Champine are the brains behind the Sia platform.

SC is the utility token of the Sia platform. The token is designed to power transactions on the Sia platform through smart contracts. Holders of the tokens use them to buy storage space on the Sia platform. Hosts earn income in SC tokens by renting out their hard drive storage space.

SC tokens can be bought from several crypto exchanges including Binance, Bittrex, Kraken, Upbit, and Poloniex. SC tokens stand out as the only cryptos in this list with no max supply cap.

As of the beginning of 2022, there are 49,895,332,992 SC coins in public circulation. SC coins are the 119th largest cryptocurrencies by market cap, valued at $705,258,682. Each SC coin is currently worth $0.01413.

Final Word

If you are looking to invest in web 3.0 Cryptos, as of mid-January 2022, BTT (BitTorrent), SC (SiaCoin), and GRT (The Graph) tokens are great options for beginners. They are also a great alternative if you don’t wish to spend a lot or don’t have a large budget. The tokens are rising impressively price-wise but are still trading under $1.

BAT (Basic Attention Token) tokens and THETA (Theta) tokens are worth considering if you don’t mind investing in web 3.0 cryptos below the $ 5 but above $1.

The rest of the listed cryptos (LINK, FIL, HNT, LPT, and AR) are currently trading above $20 making them best suited for high rollers. The most expensive of the coins is AR (Arweave), which is trading at $53.74.

All in all, the hype around web 3.0 cryptos is hard to miss if you are a crypto fan. 2022 seems to be the year for Web 3.0 Cryptos. As more people continue to look into these coins then they are bound to continue to enjoy an upward trend price-wise.

It is worth noting that even with the impressive performance of these coins caution must be taken while trading them. The crypto market is known to be highly volatile. A coin performing great now might perform badly the next minute, hour, or day.