Here are the best Web 3.0 cryptocurrencies for 2022

Web 3 has been a controversial topic in the past few months. Proponents believe that it will change the internet while opponents see it as a fad. For starters, Web 3.0 is an important concept that seeks to decentralize the internet. So, here are some of the top web 3.0 cryptocurrencies.

Basic Attention Token

Basic Attention Token (BAT/USD) is a leading cryptocurrency that was developed by Brave. Brave has grown from a small browser to one of the fastest growing ones in the industry. The concept behind Brave is relatively simple. It is a browser that ensures that your privacy is protected when using the web.

Further, Brave comes with an in-built ad-blocker that puts off all the annoying ads. At the same time, users can enroll in its ad system and be rewarded for seeing adverts. Users are rewarded using BAT.  In addition to the browser, Brave has developed other products such as a search engine, crypto wallet, and a communication project.

The BAT price has risen by 115% from its lowest level in July last year and there is a likelihood that it will keep doing well as more peope embrace the browser.

Audius

Audius (AUDIO/USD) is a Web 3 cryptocurrency that is in the music streaming industry. The developers, who are backed by Nas and Jason Derulo, have created a music streaming platform with more than 5 million users globally.

Musicians can enroll in the free platform and receive rewards depending on the number of listeners. They are usually rewarded using AUDIO, the platform’s native token.

The AUDIO price has risen by more than 1,300% from its lowest level in 2020, bringing its market cap to more than $682 million. There is a likelihood that it will keep rising as more musicians embrace the network.

Ankr

Ankr Protocol (ANKR/USD) is a Web 3 infrastructure platform that allows developers to build platforms. It combines node infrastructure, staking, and Decentralized Finance (DEFI).

Ankr gives developers a simple platform to build Web 3 apps. For example, they can get access to Remote Procedure Call (RPC) to eight chains like Ethereum, Avalanche, Fantom, Binance Smart Chain, and Polygon. It also gives them access to real-time data and the ability to anchor your node to the network and earn ANKR tokens.

The ANKR price has risen by about 45% from its lowest level in 2022 and there is a likelihood that it will keep growing as developers embrace the network.

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