Best New Cryptos for 2023 – Top Projects Set to Rocket – Cryptopolitan

Last year was tough across all asset classes, and even the top crypto projects were certainly no exception. However, experts agree there are now signs that the bottom of the bear market could be behind us, and so investment circles have focused their attention on trying to identify the new big thing in the crypto world.

There are so many projects being released now as Web3 grows. More and more teams realize the potential that the technology has to disrupt established industries and produce incredible profits in the process, but this can make it hard to identify which projects are the strongest. 

With many investors compiling their research to identify the best new cryptos for 2023, here are some of the projects appearing most in experts’ lists:

  • Metacade (MCADE)
  • EstateX (ESX)
  • ASTL (ASTL)
  • DOGODOGE (DOGO)
  • HedgeUp (HDUP)

Metacade (MCADE)

Metacade is shaking up the gaming industry by reinventing the way that users connect and play. By building out the world’s largest play-to-earn (P2E) arcade, the project looks well-positioned to disrupt gaming as we know it and build a lot of momentum in the process.

Metacade boasts a considered rewards structure, meaning that users are heavily incentivized to stay with the platform to enable them to earn rewards. These rewards are not only for playing their favorite games in the P2E arcade but can also be received across other areas of the ecosystem, such as taking part in competitive gaming and tournaments.

Gamers are also rewarded for broader contributions to the quality of the platform as a community hub. Users who share alpha and write game reviews, for example, are set to earn rewards in the process for their efforts.

The project has its own utility token, called MCADE, which is used throughout the platform. It is required not only for access to features across the whole ecosystem but also acts as Metacade’s core currency. All transactions — from buying merchandise to entering tournaments — will require MCADE.

Holding the token also carries incentives, such as the project’s staking functionality. Staking enables users and investors to earn a passive income by allowing the Metacade project to leverage the MCADE tokens (for security and other uses) in return for rewards. A sign of investor-friendly tokenomics, the staking program even pays out in stablecoins to avoid inflating the circulating supply of MCADE.

One planned feature which has proved to be especially interesting for investors is the Metagrants scheme. This allows talented game developers to pitch their game ideas to the community, show off potential, and generate excitement. MCADE holders can then vote on the different proposals to determine which projects should be funded. In giving the MCADE token governance powers, the project is showing its desire to put control of the future direction of gaming where it belongs — directly into the hands of the gaming community.

As a serious and considered project, the Metacade team has submitted smart contracts, plans, and team details to the industry-leading auditing firm, Certik. This provides additional reassurance to potential investors that the project is free of technical risks and means that the team is able to focus on the releases outlined in the whitepaper.

In light of such a strategy, it should come as no surprise that the project is already considered one of the top crypto projects and has already raised $4.5m in just 10 weeks. It looks as if the presale is unlikely to last long. Plenty of investor groups are identifying the project as a great opportunity to earn substantial gains and with adoption set to explode later in the year, MCADE ranks top of the list of gaming crypto coins.

>>> You can participate in the MCADE presale here <<<

EstateX (ESX)

EstateX is looking to open up the world of investing in high-end luxury real estate by utilizing the benefits of Web3 technology. The project uses an approach known as tokenization that allows ownership of smaller chunks of an investment that is bought through pooling together funds of many different investors.

The big benefit to ESX holders is that not only are they able to access high-end luxury property investments as part of their portfolio, but they are also able to reduce the large capital outlay often required. This means that there are no taxes to worry about or accountants to pay, so it makes it much easier to get involved.

The potential of the project is also laid out with an investment calculator offered on the project’s website, which compares the likely increases in the value of an investment in a bank with that of luxury real estate, demonstrating the incredible returns that high-end real estate has provided over recent years. 

ASTL (ASTL)

ASTL is an innovative project that is looking to pool the resources of investors using the ASTL token in order to provide access to an increasingly popular alternative investment — crypto mining.

The challenges associated with mining are enough to prevent the vast majority of investors from being able to get involved because the risks associated with local energy price fluctuations and the volatility of crypto make it a risky business. The ASTL project mitigates this though, by providing a way for token holders to pool their resources and then utilize them dynamically through the ASTL technology.

This means that investors can control their exposure to the alternative asset easily, and with risks shared among the participants, the profits made from mining are likely to be substantially higher than those achievable by small solo miners.

Another element that is likely to appeal to investors is the project’s focus on green energy. This ensures that corporate investors can get involved to meet their ESG requirements as if green energy prices reduce as expected over the next decade, the profits through ASTL are likely to continue to rise, making it one of the most interesting new cryptos for 2023.

DOGODOGE (DOGO)

Dogodoge is a new meme coin cryptocurrency that some are seeing as a spiritual successor to the popular Dogecoin (DOGE) and Shiba Inu (SHIB) projects. As with many meme coin projects, Dogodoge is focused on using NFTs to leverage the power of a passionate community of creators, which could be a route to building momentum over the coming years.

One of the problems that have plagued a number of different meme coin projects is a lack of utility, but the Dogodoge team has addressed this by issuing plans to build their own decentralized exchange (DEX). The Dogodoge DEX would allow users to swap tokens and can open the door to a broader DeFi offering in the future as part of an expanding Dogodoge ecosystem.

Whether Dogodoge is able to succeed may be down to the community spirit the project is able to build over 2023, but with an active social presence, the signs are that Dogodoge could be the next meme coin to shock analysts and produce strong returns.

Metropoly (METRO)

Metropoly is another project focused on real estate, allowing exposure to a broad range of real estate investments for as little as a $100 investment. The Metropoly marketplace provides an interactive economy for trading these investments, which could open up a new derivative market for investors looking to balance their real estate investments with a much greater level of precision than traditional markets allow.

One of the main selling points of Metropoly is the cost efficiency of using the platform in place of the traditional approach of fully acquiring a property. The team makes it clear that in contrast to a 60-day average purchase window for standard property investment, Metropoly takes just 20 seconds and limits the risk substantially.

There is a comprehensive plan as to how best to manage the portfolio of properties acquired through the investment pool, and Metropoly has professional property managers in place to handle the end-to-end process of sourcing, buying, and maintaining the property, with the rental side also completely handled for investors.

Not only this, but the Metropoly team clearly understands the value of driving awareness, with a number of different NFT-based rewards and even a flagship competition that allows a lucky METRO holder to win a $1 million property at the famous Burj Khalifa.

HedgeUp (HDUP)

HedgeUp is taking Web3-enabled alternative investment opportunities to the next level by creating the world’s first marketplace for NFT-based alternative investments.

This means that the growing world of alternative investments will be fractionalized, giving everyday investors the opportunity to invest in a whole range of non-traditional assets, such as fine art, wine, luxury watches, and more.

HedgeUp is also offering a Platinum card that will give its users access to a range of other perks, such as online master classes, staking rewards, and even equity-backed NFT releases. The ambition of the project is to capitalize on the growth seen in the non-traditional asset space, and as more and more investors move into this area, the token price can be expected to increase more than many other new cryptos for 2023.

One of the big benefits of a tokenization marketplace is that it covers a range of assets but also brings two early-stage markets together. This presents twice the opportunity for investors, as both the non-traditional asset market and also the Web3-driven tokenization of high-value assets are set to see big growth over the next few years, which could provide compounded profits for holders of HDUP.

Conclusion: Metacade is clearly the strongest new investment for 2023

In light of Metacade’s thoughtful plan and heavy utilization of MCADE across its ecosystem, the project is a clear favorite when looking at the best new cryptos for 2023 in terms of expected gains for investors. As its presale nears the end of stage 3, demand for the token continues to increase. It’s not often that such high-potential projects are available at such discount prices, which guarantees that the presale is not likely to last much longer.

You can participate in the MCADE presale here.

Source: https://www.cryptopolitan.com/best-new-cryptos-for-2023-top-projects-set-to-rocket/