With over 10,000 cryptocurrencies on the market and dozens of new ones launching daily, it can be hard to keep up with some of the best new offerings. Here are eight of the best new cryptos for 2022.
BudBlockz (BLUNT)
BudBlockz and its native BLUNT token are so new they are still in the Presale Stage. However, it has already been gaining considerable attention, with a sold-out Private Sale and a 40% increase in value after just a few weeks.
BudBlockz is a community and ecosystem designed to support and benefit from the rapidly expanding cannabis industry. The platform is the world’s first asset-backed NFT for the marijuana sector and related businesses. It provides a secure and encrypted decentralized marketplace where users can use the BLUNT token to buy, sell, and exchange cannabis products.
The BLUNT token also acts as governance. This means holders and DAO members can make proposals and vote on the direction and development of the platform.
However, what makes BudBlockz so appealing to investors is that it grants exposure to the rapidly expanding cannabis sector – which analysts predict will be worth US$176.5 billion within ten years.
For example, BLUNT token holders have the opportunity to buy percentage ownership of related businesses such as farms, dispensaries, and cafes. As transactions are anonymous and on the blockchain, investors can get involved in the burgeoning industry, regardless of local laws and regulations.
Owners will also receive the latest information about the cannabis sector and future opportunities. Being tied to the cannabis industry means the platform will grow as the sector expands. With more countries decriminalizing and legalizing marijuana, the prospects are highly favorable.
As BudBlockz is built on the Ethereum blockchain, it benefits from associated efficiencies and securities – further enhanced by the improvements brought by the ‘merge’. It also means BLUNT can be withdrawn to ERC20 compatible wallets, and users have access to the Ethereum ecosystem and the use of DEX and other DeFi products.
The BudBlockz presale ends on the 4th of December, and the price of its BLUNT token is predicted to continue its impressive rise.
>> Purchase BLUNT tokens here <<
Learn more about BudBlockz (BLUNT)
Official Website: https://budblockz.io
Presale Registration: https://app.budblockz.io/sign-up
Telegram Group: https://t.me/BudBlockz
All BudBlockz Links: https://linktr.ee/budblockz
ApeCoin (APE)
ApeCoin (APE) is an Ethereum-based token for the APE ecosystem and is linked to the Bored Ape Yacht Club (BAYC) NFT collection. APE comes from the ApeCoin DAO, and if you are a holder, you are automatically a DAO member. The APE Foundation is the legal steward of the DAO, supporting it and helping the APE ecosystem’s development.
APE is an ERC20 governance and utility token that has been adopted by Yuga Labs – the creator of the BAYC collection – for any new products or services. It is the link with the Bored Ape Yacht Club and its highly prized NFTs that ensures ApeCoin is so well-known and popular.
However, there are also other collections in the ecosystem, such as the Mutant Ape Yacht Club and the Bored Ape Kennel Club, that give the coin further utility. In addition, APE can be used by third-party developers and will be useful in Web3. For example, it is already an incentive in the popular play-to-earn Benji Bananas game.
Some of the coins were distributed automatically to Bored Ape NFT holders, which, given that they immediately held value was a significant giveaway. As part of the APE ecosystem, the token is popular and likely to have increasing utility in the future, especially as Web3 develops.
StepN (GMT)
StepN is a popular and intriguing blend of a health app and NFT augmented reality play-to-earn game based on the Solana blockchain. Essentially, it pays users for real-world activity in crypto.
The way it works is that you first must download the app, just like other fitness apps, so that it can track your movement via GPS. You then choose a limited-edition digital sneaker based on your likely activity, such as walking or running. This sets a limit to how much you can earn based on several factors – efficiency, resilience, luck, and comfort.
Players earn StepN’s in-game spending token GST for exercise. However, while it may be tempting to cash out, the game keeps people invested through various mechanics. For example, the sneakers degrade the more they are used and need to be repaired using GST. Users can also pay to upgrade their shoes or mint new ones by combining two others. This allows for the sneakers to increase in level.
Once the NFT shoes reach level 30, owners can earn StepN’s governance token GMT, which can be spent on other attributes.
StepN is an intriguing concept that is proving incredibly popular. However, that popularity needs to remain and the user base to continue growing if the platform is to succeed long term.
Flow (FLOW)
Flow is a blockchain developed by Dapper Labs, the team behind Cryptokitties, the popular digital cat trading game. It was initially created for gaming purposes when the developers grew frustrated with the limitations of Ethereum. It has since evolved into a fast, low-cost blockchain that supports smart contracts and other decentralized applications. Its native currency is FLOW.
In addition to the well-known Dapper Labs, the Flow blockchain was launched in conjunction with NBA Top Shot, a digital collectibles marketplace that specializes in highly popular basketball cards. According to the developers, over US$1 billion NBA Top Shot transactions have been processed on the Flow blockchain.
What makes Flow different from other blockchains is its more efficient structure. Instead of nodes that store all the crypto’s history and transactions, Flow splits the work across multiple nodes, with each node validating just a subset of transactions. There are also four different types of nodes – collection, consensus, execution, and verification.
The FLOW token is used to maintain and operate the blockchain. Developers can incorporate the token in their dApps as currency, allowing for transactions and rewards. To become a node, users must own and stake FLOW tokens. This provides the opportunity to participate in the platform’s governance and be rewarded with newly minted tokens and a percentage of the transaction fees.
The Flow blockchain and its FLOW token are particularly appealing for those looking to develop games or create and trade NFTS.
1inch Network (1INCH)
The 1inch Network is a decentralized exchange aggregator (DEX) that aims to help DeFi users find the most profitable platforms on different blockchain networks. DEX prices and transaction fees fluctuate significantly, and users often have to check prices manually across various exchanges. This is a problem 1inch solves.
1inch provides a single interface that shows how various DeFi products interact with one another. It aggregates data from places like Uniswap, SushiSwap, Kyber Network, Ox, and Balancer and automatically routes trades to the platform with the lowest fees and best prices.
Furthermore, the 1inch Liquidity protocol is an automated market maker (AMM) that protects users from front-running attacks and facilitates the ERC20 token trading.
The 1INCH token is issued by the non-profit 1inch Foundation, which fosters the network’s development, providing initiatives and incentives that help the community. The 1INCH DAO allows token stakers the opportunity to vote on protocols as part of a decentralized governance system. For example, they have a say in how fees are structured and distributed.
The token itself provides liquidity for the 1inch DEX Network AMM. Users who provide liquidity to the pools can earn rewards from pool trades and are further incentivized with governance and utility tokens.
Investors in the 1INCH token are supportive of the idea that the 1inch platform will continue to grow and gain adoption. Additionally, this could potentially lead to increased utility and value.
Injective (INJ)
The Injective Protocol is a DEX built on the Cosmos blockchain as a Layer 2 application. It offers margin trading, derivatives, and forex futures trading across different blockchain networks.
As it is cross-chain, there are other advantages. For example, it is fully compatible with Ethereum, so developers can use familiar tools to build DeFi apps that can operate across other blockchains.
What sets Injective apart from other popular decentralized exchanges like Bancor or Uniswap is that it doesn’t use an automated market maker formula to manage liquidity. Instead, it operates an order-book model similar to centralized crypto exchanges and stock trading.
INJ coins are used to pay standard market maker fees and serve as a staking mechanism and governance token. This means holders can stake their tokens to earn rewards through staking Injective’s Proof of Stake blockchain and vote on changes to the Protocol and its future development.
In addition, relayers can earn up to 40% of trading fees, paid in INJ tokens. The remaining 60% is then burned, helping to maintain the token’s value. INJ can also be used as collateral for the derivatives market.
The primary appeal of Injective is for DEX traders looking for lower fees and the efficiency of the order-book model. dApps developers might also find the platform and token increasingly valuable.
Voxies (VOXEL)
Voxie Tactics is a role-playing 3D game project built on blockchain technology. Voxies is the native utility currency, with the VOXEL token allowing players to buy in-game items like armor and weapons on the game’s marketplace. The token can also be traded in secondary markets.
What is driving the game’s popularity is that, unlike other play-to-earn games, Voxie Tactics is free to play. Additionally, players don’t need to buy Voxie NFTs or have cryptocurrency experience to play and earn VOXELs.
The game is retro-styled, with players having the option to explore or battle. In exploration mode, players travel to various locations, solve puzzles, and learn about the world. They can also gather and discover VOXEL tokens by defeating monsters and helping other characters.
The battle mode is turn-based, with players trying to accomplish a specific goal, such as surviving a set number of rounds or defeating all enemies. If successful, they are rewarded. There is also player versus player contests.
Players can also craft equipment by mixing and fusing elements with items and weapons. This allows for the creation of new NFT equipment.
Voxies Tactics was launched at the end of 2021, the year the P2E market exploded. What seems to be driving the popularity of the game is its free-to-play model and the fact that the VOXEL token has been listed on major platforms like Binance.
Tamadoge (TAMA)
Tamadoge is an interesting combination of a ‘dog’ meme coin, a non-Fungible token, and a P2E metaverse platform game. The TAMA token is the native cryptocurrency and utility token of the ‘Tamaverse’.
The game revolves around creating and growing digital pets that are minted as NFTs. Users then feed, train, and look after their dog-like Tamadoge pets until they are ready to fight and compete with others. If they win a battle, the owner earns points on a monthly leaderboard, with top performers rewarded with TAMA tokens.
The Tamaverse is also a metaverse hangout where users can meet, chat, and compete. Helping to drive the considerable hype is the platform’s future roadmap and plans. These include P2E arcade games, where players can win Tamadoge rewards. Additionally, there are plans for augmented reality support.
Further driving the token’s popularity is that TAMA has been limited to a maximum supply of two billion tokens, with a future burn of 5% of all tokens spent in the ecosystem. This should stop deflation and ensure value is maintained.
Unlike many other meme coins, the TAMA token has genuine utility, and its real-use cases continue to expand. It is also based on the popular and trusted Ethereum blockchain. All these factors resulted in a very successful presale, and analysts are universally favorable toward the platform’s future.
There is a lot of hype around Tamadoge, and if the presale is anything to go by, it certainly looks promising. Metaverse-related tokens have suffered recently, but there are signs of recovery and getting involved in the Tamaverse early on might be very rewarding.
Conclusion
Our overall favorite new crypto is BudBlockz. We believe with the unique use case and the problem that the token solves make it one of the best cryptocurrencies to buy now. With a successful private sale, rave reviews in the media and a presale that is going well BudBlockz certainly looks the part.
To purchase your $BLUNT tokens
Step 1: Visit the official BudBlockz website https://budblockz.io
Step 2: Click the “sign up” button at the top of the page
Step 3: Create a Budblockz account. Ensure you use a valid email address.
Step 4: From your client dashboard, click the “buy $BLUNT” button
Step 5: set the amount you want to purchase and the currency you want to order in
Step 6: Make the payment to the provided wallet address
Step 7: Receive your tokens!
Learn more about BudBlockz (BLUNT)
Official Website: https://budblockz.io
Presale Registration: https://app.budblockz.io/sign-up
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Source: https://www.thecoinrepublic.com/2022/10/03/best-new-cryptocurrencies-2022-budblockz-apecoin-stepn-more/