Blockchain Projects To Keep an Eye on in 2023

The global blockchain market has gone through a rocky period over the last year. However, with the falling faith in traditional financial systems due to high inflation, the rising cost of living, and ineffective government-bank relationships, more investors are seeking alternative investments. In lieu of this change, blockchain projects are quickly coming back into the news, with exciting advancements making waves in this industry.

Currently, the blockchain industry has an exceedingly high CAGR of 56.3%, demonstrating the value to be held in this market. With impressive future growth prospects and a number of exciting projects actively working in the industry, there’s never been a better time to get involved with blockchain.

In this article, we’ll cover three top blockchain projects that are currently making waves in 2023. Each of these is a cutting-edge business focusing on innovating core areas of this market.

MetaTime

MetaTime is an all-in-one blockchain ecosystem that’s planning on releasing over 70 projects by 2029. This impressive initiative has already produced several core features, including MetaChain, MetaExchange, MetaNFT, and MetaLaunchpad. These products cover a range of functions, spanning everything from a hybrid mining system solution to a dynamic cryptocurrency and NFT exchange.

MetaTime aims to revolutionize the blockchain industry, creating a diverse ecosystem that’s built on its very own system. The MetaChain offers lightning-fast transactions at a low cost, due to its use of Anthill technology and hybrid miners.

Most recently, MetaTime raised $18 million in its first round of private sales. With this capital, MetaTime aims to accelerate the development and launch of its ecosystem, enabling users to get started promptly. This project is ambitious and well-planned, as evidenced by the detailed roadmap that outlines each stage of their journey. Additionally, they have initiated started the second round of their presale at 0.10$.

Whether you’re looking to invest in the blockchain infrastructure of the future or simply looking for a world-class exchange, MetaTime has it all. This is a project that’s actively stirring up support in the community, with investors, users, and the press all excited to see what they do next.

Mythical Games

Mythical Games is promoting a gaming experience that’s completely entrenched in Web 3. They understand that while Web 3 is still only an emerging technology, it is one that has the potential to radically alter the world of gaming for good. But, if fun isn’t a central element of Web 3 games, they won’t take off nearly to the same scale as traditional gaming.

Mythical Games focuses on providing a “games-first” approach to the field, creating free-to-play and play-and-own games on their own Mythical platform. The central idea behind this is allowing players to become stakeholders in the games that they play. Instead of just buying a game, you participate in its economy by holding shares in a game. By then playing, not only are you enjoying your time, but you’re also promoting the success of something you hold an active part of.

At present, Mythical already has a number of games launched on its platform. Of these, two are the most popular. The first of these, NFL Rivals, is where you become a General Manager in the NFL and build your NFT teams. The second, Blankos Block Party, is an open-world multiplayer game that focuses on player-designed levels. Users that are interested in this game can forge levels and areas for other players to enjoy, further pushing the experience for all.

By mixing a community approach to gaming with a heavy focus on NFT and blockchain technology, Mythical Games has created an exciting new way of gaming with blockchain. At present, this is one of the hottest gaming launches in this niche, with their constant updates, new game launches, and outbound community support marking them as an impressive company to follow.

Circle

Circle is an online blockchain application that allows businesses, colleagues, and friends to rapidly exchange cryptocurrency amongst themselves. Without the need to pay any fees, you’re able to transfer to other parties in seconds, making DeFi money transfers as easy as texting.

Based in Boston, Circle has exploded onto the scene thanks to its easy-to-use interface and range of product features. Beyond just connecting people through cryptocurrency, Circle also offers investment opportunities, allowing users to invest in everything from NFTs to crypto and blockchain games.

The span of everything that Circle offers makes it an exciting prospect to focus on. One of the fundamental aspects of Web 3 that has always been present is the idea of building community. By making community a central part of its application, Circle ensures that Web 3 can grow into a system where absolutely everyone is involved.

Whether it be through sending money, investing in assets, or checking out blockchain game releases, Circle is empowering the community one user at a time.

Final Thoughts

With the current state of global markets, alternative investment opportunities are becoming increasingly attractive. This, alongside the current lower price of many blockchain business investments, makes it the perfect time to invest in this industry.

Across these projects, investors have a glimpse into some of the finest work currently being carried out in this blockchain. From new and exciting blockchain infrastructure to entire blockchain ecosystems, these three projects are ones to watch in 2023.

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