The rise of Web3 technologies is changing the game for cryptocurrencies, and investors are eagerly looking for the next big thing. If you’re one of those investors, you’re in luck – we’ve put together a list of the top 5 Web3 cryptos that you should have on your radar.
These digital assets are leveraging cutting-edge technology and innovative approaches to offer unique benefits and opportunities to their users. From decentralized finance (DeFi) and non-fungible tokens (NFTs) to gaming and social media, these Web3 cryptos are poised to disrupt traditional industries and reshape the way we interact with the internet. So, without further ado, let’s dive into the top 5 Web3 cryptos that you don’t want to miss.
- Decentraland (MANA)
- Axie Infinity (AXS)
- GALA (GALA)
- Chainlink (LINK)
DigiToads (TOADS)
DigiToads is a unique meme coin that offers its investors various ways to make money. One of the most exciting features of DigiToads is its P2E gaming platform. In this game, players can collect and battle unique DigiToads, which they can acquire by buying, trading, or even winning them. Using the TOADS token, players can purchase food, potions, and training equipment for their DigiToads, making them stronger and better equipped for battle. At the end of every season, the top 25% of players on the leaderboard will receive TOADS tokens as a reward. Furthermore, 50% of the funds raised from the sale of items in the game will be allocated to the prize fund and distributed among the top 25% of players, providing the chance for players to earn real money while playing the game.
Another way for investors to earn money with DigiToads is through NFT staking. The staking pool is funded by adding 2% of every TOADS transaction that takes place, ensuring that there will always be a reward for DigiToad community members. The longer an NFT is staked, the more the holder will earn in rewards.
In addition, DigiToads aims to bring in more users and trading volume by holding monthly trading competitions on-chain, with prizes of a Platinum Toad each month. The 12 trading the treasury with a Platinum Toad will receive 10% of all trading profits they make for the treasury as an incentive to increase the treasury size. This feature ensures that the community is in control of the treasury and that the best community traders within the ecosystem are managing it.
Overall, DigiToads is a unique meme coin that offers investors multiple ways to make money. Its P2E gaming platform, NFT staking, and trading competitions all provide opportunities for investors to earn real money while holding TOADS tokens. As a result, DigiToads has the potential to make investors financially free in 2023.
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Decentraland (MANA)
Decentraland is a decentralized virtual reality platform that allows users to create, experience, and monetize virtual experiences in a shared virtual world. Decentraland is built on the Ethereum blockchain, which provides a decentralized ledger for land ownership and a protocol for describing the content of each land parcel. Users can purchase plots of land, known as “parcels,” using MANA, the cryptocurrency token of Decentraland. MANA is also used to pay for in-world goods and services.
The Decentraland world is divided into 3D units called Parcels, and districts are composed of multiple parcels that can be formed only by a majority vote on Decentraland’s DAO. Decentraland’s economy is based on the Marketplace, where users can buy, sell, and trade virtual assets such as land, artworks, and NFTs.
What sets Decentraland apart from other virtual worlds is its community-driven approach. The platform is community-owned, and players have ultimate control over the game. There are no centralized bodies enforcing rules or corporate players pulling the strings.
The average price for a parcel of land on Decentraland is 6,900 MANA, which as of March 2023 is worth about $8,800 USD. When a user buys a parcel of land, Decentraland burns the MANA used to purchase it.
Decentraland’s DAO is a fully functional decentralized autonomous organization that has undergone a series of UX updates. The DAO allows users to vote on proposals and make decisions regarding the development of Decentraland.
Overall, Decentraland is a unique and innovative platform that allows users to own and create their own virtual experiences in a community-driven, decentralized virtual world. Its use of blockchain technology provides a secure and decentralized way of recording land ownership and virtual assets. With the growing interest in virtual reality and the metaverse, Decentraland has the potential to become a significant player in the space.
Axie Infinity (AXS)
Axie Infinity is a digital pet universe game built on the Ethereum blockchain that offers players the opportunity to earn token rewards through skilled gameplay and contributions to the ecosystem. Launched in 2018 by Vietnamese startup Sky Mavis, the game has grown in popularity, with a long-term vision backed by a solid whitepaper and led by a team of blockchain and gaming experts. The game is inspired by Pokemon and has a collectible aspect to it, with players breeding and trading digital creatures, called Axies, which have unique characteristics and abilities.
The Axie Infinity Shard (AXS) is the native token of the Axie Infinity ecosystem, and its use cases include governance, staking, liquidity provision, and play-to-earn rewards. The game also has a sidechain named Ronin that aims to promote scalability and a better user experience.
The community treasury revenues of Axie Infinity come from two main sources: creature breeding and a 4.25% revenue share of the marketplace. The game has seen immense growth in the past year, and AXS’s price has increased from $6 in January 2023 to the current price of $10.97 as of March 15, 2023. Despite the increase, the token may still be under selling pressure, as fewer people were using the Axie Infinity platform in 2022.
The popularity of Axie Infinity is crucial to the future of AXS and SLP tokens as the game continues to add updates and new features to attract more players to the community. The game also offers the possibility of owning land and farming AXS tokens, which currently cost around $1.70, as well as being available on Binance and having a fluid mobile app.
Axie Infinity has created a new market for play-to-earn gaming, with players able to earn tokens by playing the game, and has attracted players from around the world. Overall, Axie Infinity is a blockchain-based collectible game with a strong community and a promising future as the team behind it continues to develop and improve the platform.
GALA (GALA)
GALA Games is a blockchain-based gaming platform that allows players to earn cryptocurrencies and non-fungible tokens (NFTs) through gameplay. The platform has a variety of titles with different in-game functionalities.
The platform’s native token is called GALA, which is used to secure the platform and incentivize players. GALA is an ERC-20 token and is tradable on various cryptocurrency exchanges. Players can earn GALA and NFTs by playing games such as Townstar, a farming simulation game, and Mirandus, a massively multiplayer online role-playing game (MMORPG). The platform also allows players to earn GALA by providing liquidity to the platform’s liquidity pool.
In addition to gameplay, GALA Games offers a content creator program for writers in the blockchain, metaverse, and gaming space. The program rewards content creators with GALA, limited edition NFTs, and helps grow the Gala Games ecosystem.
GALA Games provides an opportunity for players to own and trade unique NFTs that represent in-game items or characters. The platform’s Gala Marketplace marketplace allows players to buy, sell, and trade NFTs using GALA or other cryptocurrencies.
GALA Games has a vibrant community of gamers and NFT enthusiasts. The platform encourages players to join its Discord community to learn the latest tips and tricks and participate in discussions.
Overall, GALA Games provides a unique opportunity for gamers to earn cryptocurrencies and NFTs through gameplay. The platform’s variety of games and the content creator program offers a diverse range of opportunities for players to engage with the platform.
Chainlink (LINK)
Chainlink (LINK) is a decentralized oracle network that aims to connect smart contracts on the blockchain with real-world data, applications, and payment systems.
Chainlink aims to solve the problem of smart contracts being unable to interact with external systems and data sources, which limits their usefulness. Chainlink allows developers to connect their smart contracts to off-chain data sources, such as APIs, enterprise systems, and other blockchain networks. Chainlink also provides secure, decentralized oracle networks that can reliably provide external data to smart contracts, ensuring that they execute accurately and efficiently.
In summary, Chainlink is a decentralized oracle network that connects smart contracts to real-world data and systems, enabling the creation of more powerful and useful decentralized applications. Its price has been volatile, but it remains a popular cryptocurrency with a strong market capitalization and significant trading volume. Chainlink’s innovative technology aims to address a critical limitation of blockchain-based applications and has the potential to transform the decentralized economy.
DigiToads: The New King of Web3?
Have you been searching for an unforgettable gaming experience that combines both entertainment and financial rewards? Look no further than DigiToads, the rapidly growing digital asset that is revolutionizing the world of GameFi. By providing players with a unique player-to-environment (P2E) platform, DigiToads allows them to collect, nurture, and battle their very own DigiToads while potentially earning real money through the prize pool.
The community-oriented project also offers NFT staking and trading competitions, complete with valuable prizes. With experts predicting that the value of TOADS could potentially increase by more than 50 times its initial value in 2023, the opportunity to invest in DigiToads has never been more exciting.
Don’t miss out on the chance to join the presale and participate in this innovative and profitable project.
For More Information on DigiToads visit the website, join the presale or join the community
