The world is entering a new era known as “Web 3.0,” “Decentralized.”
Unlike generation 2.0 of the internet, where data is typically stored in centralized storage facilities, Web 3.0 will connect data in a decentralized system. In Web 3.0, users will also be able to interact with data through the use of AI and machine learning technology
If you follow the below diagram, you will understand how we started and where we are heading next.
Blockchains has an amazing visual to explain web 3.0
Now that you’ve got an idea, here’s a list of the best Web 3.0 initiatives, including data storage and web hosting, data processing and information marketplaces, domain name systems, and applications/music/content/talent, to mention a few. You should definitely keep an eye on them for the next several days, do your research, and make your investment accordingly.
1)COLDSTACK (Current Price= $2.21)
Think of them as decentralized cloud aggregators where you can connect to multiple decentralized data cloud services such as FILECOIN, ARWEAVE, and ALEPH.
2)OCEAN (Current Price= $0.88)
Decentralized marketplace to tokenize datasets for data publishers, data scientists, researchers, data analysts, and anybody who need access to reliable data.
3)ARWEAVE (Current Price= $42.95)
Check out the link.
4).API3 (Current Price= $3.43)
Working on decentralized versions of API’s for web 3 applications from DeFi to Supply Chain Management.
5)ALEPH (Current Price= $0.36)
Working on the decentralized database including file storage, computing, and decentralized identity. Think of them as decentralized AWS or firebase.
6)VULCAN FORGED PYR (Current Price= $23)
Vulcan Forged is a blockchain game studio and NFT marketplace. They are the makers of VulcanVerse.
7)AIOZ (Current Price= $0.54)
AIOZ Network creates a distributed content delivery network (dCDN) and represents a major shift in the way the world streams video
8)SYNTROPY (Current Price= $0.27)
It’s a new connectivity layer for the internet.
9)FLUX (Current Price= $1.14)
FLUX is a next-generation decentralized web3 computational network with more than 2300+ Flux nodes located all around the globe.
In the coming weeks, I’ll go over each of these projects individually with all of my research. For the time being, I strongly advise you to look at these initiatives separately and consider the long future, as we haven’t yet entered the Web 3.0 world. Web 3.0 will be the next wave of crypto altcoin investment, so make sure you do your homework on these projects.
Disclaimer
This content contains an opinion and is solely for informational reasons. It is not intended to be financial or investment advice. Seek investment/financial guidance from a properly licensed specialist. I have no affiliation with any of the companies whose coins are referenced in this article. Please always conduct thorough research prior to investing, as you are solely responsible for any capital-related decisions you make and the outcomes.
