Web3 is taking blockchain mainstream and next level with its decentralization system in play. Web3 Tokens have a general market capitalization of $23,027,072,766 and a growing total trading volume of $2,224,306,997.
Note: The tokens are ordered by their market capitalization from lowest to highest.
TenUp (TUP)
- Unit Price: $0.02616
- Market Cap: $827,295
- Distinct Features: TenUp’s primary goal is to encourage and advance business owners, individuals, groups, and organizations’ ideas that deserve growth and legitimacy.
TENUP is A DECENTRALIZED PLATFORM FOR WEB3 DAPPS. TenUp is a venture capitalist network built on blockchain technology that will connect ideas with investors willing to back highly realistic proposals and would restore the transparency and confidence currently lacking, especially when distance is a factor.
The TenUp Foundation smart contract is responsible for retaining funds, supervising voting processes, starting smart contracts with the chosen candidates, and keeping track of transactions. To maintain transparent oversight of the financing involved, the TenUp Foundation will also require the winning proposal holders to meet a defined set of goals for each phase.
Each time a step (a target) is finished, the cash raised for the chosen project proposal will be safely placed in TenUp Foundation and distributed to the candidate.
Exchange: TUP is currently trading live on OKX, Bitget, STEX, and StakeCube with a 24-hour trading volume of $248,042.
Big Data Protocol (BDP)
- Unit Price: $0.02618
- Market Cap: $1,260,533
- Distinct Features: The Protocol collects data with a high commercial value, tokenizes it, and makes it liquid.
Through a network of 14,141 specialized data providers, Big Data Protocol tokenizes commercially relevant data and liquidates the data token on Uniswap. Users generate data by making data tokens liquid.
For data producers to submit datasets, curators to provide curation services, and the data marketplace to charge fees, BDP is necessary. To access features and advantages, including access to private datasets and data token airdrops, holders must possess a minimum quantity of BDP.
The Protocol Functions In This Way:
Data sources from reputable data suppliers – 14,141 expert data providers are available to the Protocol.
Tokenize the data – For the initial set of carefully vetted datasets, the Protocol creates data tokens called bALPHA. Only 18000 bALPHA tokens are available.
Users farm the data token in the Data Vaults – Users get the data token by giving bALPHA and BDP, the access token for the Protocol, liquidity in Uniswap.
Users redeem data tokens for datasets in the Data Room – To access the underlying datasets, burn 1 bALPHA.
Exchange: BDP is currently trading live on Gate.io, Bibox, LATOKEN, ZT, and Jubi with a 24-hour trading volume of $280,336.
Launchblock.com (LBP)
- Unit Price: $0.002313
- Market Cap: $1,426,809
- Distinct Features: By offering a decentralized and user-friendly platform for all users and DAO members, Launchblock.com is pushing the boundaries of accessibility in the early stages of investment.
Launchblock.com is a platform for raising money for decentralized digital assets. All users and DAO members will have access to an ecosystem with early-stage investment opportunities while receiving the benefits of decentralized financing (De-Fi).
They reduce the time and money users spend looking for significant possibilities by lowering the entry barrier and providing complete educational and background information on the initiatives.
With support for additional chains, including Binance Smart Chain (BSC), Polygon, Cronos, and others, the platform functions as an all-in-one solution for projects launching on Ethereum.
Exchange: LBP is currently trading live on MEXC, KuCoin, Huobi Global, and Uniswap (V3) with a 24-hour trading volume of $271,384.
Bloom (BLT)
- Unit Price: $0.02727
- Market Cap: $1,545,094
- Distinct Features: The goal of Bloom is to offer consumers and businesses all over the world enhanced data and identity authorization and authentication.
A blockchain-based solution for secure identity and credit scoring is called Bloom. Consumers are given control over their financial and identification data by Bloom.
The technology lowers the danger of identity theft and cuts down on costs related to client onboarding, compliance, and fraud prevention by decentralizing how information is transferred between unreliable parties.
Through a decentralized infrastructure that is private, safe, financially inclusive, and consumer managed, we are revolutionizing global identification and credit.
Exchange: BLT is currently trading live on Uniswap (V2) and SushiSwap, and the price has been up 4.21% in the last 24 hours.
ACENT (ACE)
- Unit Price: $0.01348
- Market Cap: $1,624,485
- Distinct Features: Through widespread usage of blockchain and its ground-breaking methods to continually improve product quality, ACENT also functions as a Web3.0 gateway.
The Acent blockchain is designed to handle large amounts of data quickly and give a Triple-A gamified web 3.0 experience ready for deployment of meta-applications.
With its state-of-the-art interface and crypto engine API technology, which can fully utilize the processing capacity of the local system while having blockchain data validation synched in parallel to the blockchain, it can audaciously render high-performance apps.
As a result, the community can benefit from the resources and infrastructure for creating meta-applications. Applications or enterprises that operate within a meta-space service platform are known as “meta-apps” and aim to reward users for their network activity.
Exchange: ACE is currently trading live on KuCoin and Gate.io with a 24-hour trading volume of $847,909.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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Source: https://nulltx.com/top-5-web3-tokens-below-2m-market-cap-to-keep-on-your-radar-in-q4-2022/