INTRODUCTION:
A statistic report by GLOBAL NEWS WIRE states that the Web 3 & Blockchain industry is predicted to grow at a CAGR of roughly 41.6% during the forecast period. As of 2022, the Web 3.0 Blockchain market is valued at approximately USD 2.9 billion, and by 2028 it is expected to reach USD 23.3 billion.
Web 3 has been dominating every market segment with its impressive attributes and vast features with great gusto. Our daily lives seem to revolve around it.
The IOT sector has already proven to be a greater help to us as we have smart homes with smart heating, wearable technology that tracks our health and fitness, VRs for ultimate gaming experiences, voice assistants such as Alexa and Google Mini that work on our single command.
NFTs have introduced us to a new concept of digital assets with their integration in gaming and music. Streaming content online has taken on a whole new meaning with browsers like Brave that allow you to earn while you watch.
Using Metaverse, you will be able to virtually hang out with friends, go grocery shopping, and more with comfort of your house.
We are witnessing a global disruption of practically every industry and organization with WEB 3. Web 3 is set to spread its techy tendrils further and further as we move into the techsavy future.
As nearly all new coins and tokens leverage web 3.0 in their projects, investors find themselves in a tight spot of "CHOOSING THE RIGHT INVESTMENT OPTION".
[US1]
01 HELIUM COIN; HNT
Introduced in July, 2019 this People's Network, HNT is powered by an entirely novel incentive model built on its very own Helium Blockchain.
The Helium Crypto Token (HNT) is a cryptocurrency linked to Helium's new approach to telecommunication infrastructure, which uses blockchain as its backbone to create a distributed system of low-powered wireless devices linked into a network and allowing data exchange.
By easily running the application on a computer, laptop, smartphone, or tablet, anyone can join the network and gain HNT Tokens, which can be exchanged for cryptocurrency or data credits.
In a pure "internet of things" approach, Helium appears to be leveraging a virtually limitless number of small nodes connected to one another, offering the potential to become the "largest cellular network" globally.
With the growing concern and emphasis on the IOT sector, HNT brings realistic and optimistic investment options, procuring to the growth in Web 3.0 for the investors and users.
HNT is available on major cryptocurrency exchanges like Binance, FTX and many more.
Moving on to the other trending token;
02 CITRUS TOKEN; CTS
Next in the line comes CITRUS TOKEN. It has launched numerous projects in the WEB 3.0 segment that has gazed a wide eye and is set to make the space more coherent and reliable.
Citrus started its journey with a grand P2E game launch and the beta launch of Cactus NFT marketspace, both marked very successfully. A smart contract upgrade is further proposed to switch Citrus 1.0 to Citrus 2.0. Just like bitcoin, Citrus 2.0 will be deflationary in nature, meaning there will be a limited supply and higher value for the token in the coming years.
With much on the roadmap, it aims to introduce its own blockchain supported by an updatable smart contract,[US2] an essential entry into MOBA games, and tapping into the metaverse with the Mega launch of Citrusverse. They look onto bringing in the fast-processing citrus wallet that upbeats the security and privacy issues accompanied with an exclusive development of exchange.
In order to become the most reliable & popular crypto token investment, Citrus tends to invest only in those sectors of the web that are likely to boom over the next 5 years.
With their multiple offerings in the varied segments of web3 it aims to create multiple cross-chain benefits in the citrus ecosystem. With such exclusive projects down the line and progressing till the date, citrus seems to be a viable choice to stand on your radar.
CTS tokens are available on; Pancakeswap, HotBit, Coinsbit and DegiFinex.
CITRUS: https://citrus.tech/
03 BASIC ATTENTION TOKEN; BAT
BAT is the native token of the Brave web browser built on top of the Ethereum blockchain (ETH). With the launch of the Brave browser, the issue of misleading advertisements with trackers that target users with malware was addressed.
With the integration of blockchain technology into digital advertising BAT ensures efficiency, fairness, and security in the working operations.
BAT facilitates efficient distribution of advertising money among advertisers, publishers, and readers of online marketing content and ads. The Brave browser ensures that customers have less Ad experience and if there is then they are paying users to see the Ad, well-suited to their interests without compromising on their data privacy.
Brave uses the BAT token as a means of facilitating various services, like awarding the viewers, and publishers, for transactions among users, distributing the earnings and many more.
Additionally, the users of Brave browser are also rewarded with BAT for their participation in the projects.
Basically, BAT works on the mechanism of; Rewarding users for their attention to the content, paying adequately to the creators for creating good content and bringing good returns to the advertisers for their ads.
Online streaming looks more seamless and profitable with BAT. Let’s see what more changes it brings in for the users.
BAT is available on; Coinbase, CoinMarketCap, Coindesk, Binance and many more.
BAT: https://basicattentiontoken.org/
CONCLUSION:
Each of them manages strategically to address the current prevailing pain points of the industry. While HNT brings a new evolution in the IoT sector, Citrus seems to introduce a wider ecosystem with multiple cross-chain benefits and endless projects covering the web 3.0 and Basic attention token gazes to polish the inefficiencies in the online streaming industry.
Keep following their active channels to keep tabs and track of all the upcoming features and updates from them.