11 Best Web 3.0 Coins to Invest in 2023
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Web 3.0 is the new generation of the internet - which leverages blockchain technology to offer decentralized protocols through various cryptocurrency tokens. The best Web3.0 crypto coins leverage these technologies to provide multiple use cases.
With Web3.0 cryptos expected to witness rapid growth in the coming decade, this guide reviews a range of the best Web 3.0 cryptocurrency projects in 2023.
Best Web 3.0 Cryptocurrency to Invest in Now
The web 3.0 crypto coins list below provides a quick look at the top digital assets we will be reviewing shortly:
- RobotEra - Exciting Web 3.0 Metaverse and P2E Presale Project
- Swords of Blood - Web3 Now Has This Fascinating Game
- Tamadoge - Top Web 3.0 Coin with Ongoing Bull Run
- Battle Infinity - New Cryptocurrency Project with Multi-Use P2E Platform
- Lucky Block - Decentralized Crypto Casino and Sportsbook
- Scorpion Casino – Earn Daily Passive Income Up to $10,000
- Solana - Web 3.0 blockchain Offering High Throughput
- Decentraland - Metaverse Real-Estate Project to Buy Now
- Ethereum - Top Smart Contract Protocol with $166 Billion Market Cap
- Aurora Finance - Layer-1 Blockchain with Ethereum Bridge
- Binance Coin - Binance’s Governance Token Running on BSC
- Yearn.finance - Web 3.0 Protocol Offering Passive Income Opportunities
Analyzing the Best Web 3.0 Crypto Coins
The best web 3.0 crypto tokens offer unique use cases by leveraging decentralized protocols. Furthermore, some of the coins on this list have provided high returns to investors, with the potential to grow further.
Continue reading to get an in-depth look at the best web 3.0 crypto coins in 2023:
1. RobotEra - Exciting Web 3.0 Metaverse and P2E Presale Project
Gaming blockchain technology is among the most promising industries of Web3, with almost 1 million daily Unique Active Wallets in January 2023.
One of the top emerging Web3 tokens is TARO, the native cryptocurrency of RobotEra’s metaverse-based gaming platform.
Currently available in its first presale round, TARO is one of the best metaverse NFT tokens to buy.
On RobotEra, TARO is leveraged to control the in-game economy and RobotEra has built a virtual ecosystem known as the Taro Planet where Robots are aiming to rebuild civilization after engaging in a long war with a rivaling clan.
Robots are 3D-built NFT avatars that represent a user’s in-game character, with players able to earn rewards in a number of ways, including by completing quests.
Tradable on the marketplace, Robots are used to purchase metaverse plots of Land on the Taro Planet and Land can be leveraged to mine natural resources, create new NFTs - which are also tradeable - and build a variety of projects.
Users can build and host events to earn rewards, charge admission, create Robot Companion NFTs to assist them in their projects and rent their own land to earn passive income.
Players can also sell billboard space to advertisers and with few limitations on building - and no prior coding knowledge needed - the game's developers expect new revenue streams to emerge over time.
Diving deep into the Web3 world, RobotEra gives users decentralized control of the platform through its DAO. The DAO can be accessed via staking TARO - and will allow players to gain voting rights on the platform and earn passive income.
Interested readers can buy TARO on presale now, with the first presale round allocating 90 million tokens at $0.02. The subsequent rounds will see the price increase to $0.025 and $0.032 - a 60% rise from stage 1.
Overall, TARO is allocating 270 million tokens on presale - which represents 15% of the total 1.8 billion token supply.
RobotEra is an LBank Labs project with a doxxed and KYC-verified team and an audited smart contract. The TARO token has now raised more than $930,000.
Read the RobotEra whitepaper and join the Telegram chat to learn more about this project.
|Presale Started||November 2022|
|Purchase Methods||USDT / ETH|
|Min Investment||1,000 TARO|
2. Swords of Blood - Web3 Now Has This Fascinating Game
The gaming market in the cryptocurrency industry is undoubtedly flourishing, with a multitude of captivating games that integrate blockchain technology. Leading developers recognize that the key to success is combining crypto-based systems with an engaging storyline. Swords of Blood is a standout game in this niche, boasting a distinctive and compelling narrative that sets it apart from similar games. The game is set in the world of Ezura, which has been ravaged by destruction, and players can choose to play as battle mages or warriors, among other classes, in their pursuit of acquiring the best loot and completing intricately crafted missions.
Swords of Blood is designed for both PC and mobile platforms and will support cross-play. The game is free-to-play, and the developers prioritize creating an entertaining game, with earning potential being secondary. If you have played a hack n' slash game with loot-focused mechanics before, Swords of Blood will be easy to pick up. The game offers players the chance to collect formidable weapons and armor, create potent items, and craft weapons to tailor their characters to their specific playstyle.
Swords of Blood presents a PvP mode for players who enjoy competitive gameplay, which adds an additional layer of excitement to the game. The prospect of testing the most powerful builds against other players promises to be a thrilling experience.
Additionally, there is already a playable MVP version that includes several asynchronous game modes. Notably, the team aims to bridge the gap between traditional video games and Web3 games with this game.
Some notable supporters of the project include Shugo Ventures, Master Ventures, Magnus Capital, Krypital Group, Metavest, and Fundamental Labs.
The presale for Swords of Blood, which will be powered by the SWDTKN token, will offer various tiers of benefits for early investors. Even the first tier will grant access to the early beta, while the highest tier will include all the benefits of the lower tiers, along with a full-sized Sword of Blood designed and crafted by Ben Abbott. Different rewards will be available at different tiers, ranging from in-game items to real-world merchandise, such as a hoodie.
3. Tamadoge - Top Web 3.0 Coin with Ongoing Bull Run
Tamadoge is a play-to-earn (P2E) ecosystem that leverages blockchain technology to implement in-game earning opportunities for players. Tamadoge offers these P2E features via TAMA - the native cryptocurrency.
With TAMA, players can purchase Tamadoge Pets, which take the form of digital dog-like characters. These pets are minted as NFTs via smart contract functionality, each offering unique characteristics and designs. One of the best utility NFTs to buy, Tamadoge Pets can be grown and bred for inter-community competitions.
On Tamadoge, players can utilize their Tamadoge Pets to earn points on a monthly leaderboard. The top performers are rewarded with TAMA tokens. Completing one of the best crypto ICOs in 2022, Tamadoge raised $19 million in over 8 weeks of the presale.
One of the reasons for the successful round stems from the tokens’ tokenomics. TAMA is a deflationary asset with a limited supply of 2 billion tokens. Moreover, 5% of all tokens spent on the ecosystem will be burnt to ensure the demand increases in the long term.
This can potentially make TAMA more valuable than some of the best meme coins like Dogecoin - which displays inflationary tokenomics due to its 132 billion (and rising) token supply.
In September 2022, Tamadoge was listed on OKX - its first exchange - and, after listing on OKX at $0.03 per token, TAMA reached an all-time high (ATH) of $0.194 - a 533% price increase from the list price and near-2,000% increase from the presale price.
As such TAMA has become one of the best IEO cryptos of this year.
While the coin has since retraced amid the wider chaos in the market following the collapse of FTX, the token is now offering investors a low entry point.
With the main game still in development and an augmented reality app to come in 2023, TAMA looks primed to break out when market conditions improve.
4. Battle Infinity - New Cryptocurrency Project with Multi-Use P2E Platform
Battle Infinity is one of the new Web 3.0 crypto projects - offering 6 unique P2E features in its ecosystem. One of the best metaverse crypto coins, Battle Infinity, gives participants access to a virtual environment where all characters and avatars are minted using ERC 721 smart contracts.
The NFT avatars can be purchased and upgraded on Battle Infinity’s NFT marketplace - the Battle Market. Web 3.0 elements are implemented with the IBAT Premier League - a decentralized NFT-based sports fantasy league which lets players compete by purchasing NFT passes. Rewards are paid out in IBAT - the native cryptocurrency.
One of this ecosystem's most notable P2E features is IBAT Battle Stake - Battle Infinity’s staking protocol. One of the best proof of stake cryptos, IBAT, can be staked on this protocol to earn up to 25% APY (Annual Percentage Yield).
In August of this year, Battle Infinity’s IBAT token successfully sold out during its best crypto presales - gathering 16,500 BNB in just over three weeks. Afterwards, the cryptocurrency was listed on PancakeSwap - one of the most popular DEXs. From a $0.0015 presale price, IBAT reached an ATH of $0.0105 - a 600% price increase.
5. Lucky Block - Decentralized Crypto Casino and Sportsbook
Lucky Block is a leading crypto casino and sportsbook that launched at the end of 2022 and has already become one of the top destinations around.
The site offers thousands of games and enticing welcome bonuses to new players, as well as being provably fair.
Sign up takes less than a minute - although some players will need a VPN - with no KYC verification needed to get started.
Players can take advantage of 15% cashback on losses in the first seven days, with no wagering requirements, and need just $1 to get started.
There are no fees or limits on deposits or withdrawals and payouts on crypto - with BTC, ETH and DOGE among those available - rapid and transparent.
LBLOCK will soon be added as a payment option and has pumped by 70% since the casino went live.
Lucky Block offers more than 2,700 games including slots and classic casino games such as poker, blackjack and roulette, with virtual and live tables available.
It is also a leading sportsbook, offering pre-game and in-play markets on thousands on sports from the Premier League, NBA and NFL to badminton and eSports.
6. Scorpion Casino – Earn Daily Passive Income Up to $10,000
The next Web 3.0 coin that has the potential to bring triple-digit returns to early investors this year is SCORP – the native crypto of Scorpion Casino. It has excellent use cases in the multi-billion dollar online gambling and betting market.
SCORP fuels the Scorpion Casino ecosystem, which consists of a licensed crypto casino platform that features 200+ casino games like slots, blackjack, roulette, poker, and 160 live games. The other key component is a licensed sports betting section that covers different football, tennis, American football, horse racing, basketball, golf, boxing, and MMA events. You get more than 30,000 bet opportunities here monthly.
The Web 3.0 makeup of the underlying ecosystem gives it a sharp competitive edge in terms of fairness, transparency, and decentralization. The platform addresses the manipulative nature of the gambling industry, making it a safe and secure environment for people looking for fun sources of extra income.
It also has an attractive reward system, where SCORP holders can earn up to $10,000 as daily passive income based on an integrated re-distribution system. It is worth noting that a burning mechanism sustains the healthy value of the token. So, you can benefit from the long-term appreciation of the token while earning passive rewards.
Scorpion Casino’s providers consist of only credible platforms like Evolution, NetEnt, Play N Go, Novomatic, EGT, and AMATIC, emphasizing its focus on delivering a safe and secure gambling experience. As per the latest announcement, Scorpion Casino has secured a listing with a top-tier Centralized Exchange. More are on the way.
The platform is currently hosting the presale of SCORP, which provides probably the cheapest and most profitable entry to the project. Early investors get the best deals at the presale. (To get 20% extra tokens, use the Exclusive Bonus Code Scorpion20. Live for a limited period only).
|Presale Supply||200,000,000 SCORP|
|Payment Method||ETH, USD, BNB|
7. Solana - Web 3.0 blockchain Offering High Throughput
A layer-1 blockchain, Solana (SOL), has been created to deploy smart contracts and support the creation of various decentralized finance (DeFi) protocols and decentralized applications (DApps). While Ethereum is a popular smart contracts platform with the most number of DApps, Solana’s network offers high-speed transactions at a low cost.
This blockchain network can conduct up to 65,000 transactions per second (TPS), with an average cost of just $0.00025 per transaction. Solana can offer such high speeds due to its unique algorithm - which combines Proof-of-Stake (PoS) with Proof-of-History (PoH).
After trading at $1 at the beginning of 2020, SOL reached an ATH of $260 in the same year, making it one of the fastest growing cryptocurrency assets in the year. As of October 2022, SOL has corrected to $34 with a $12 billion market cap.
8. Decentraland - Metaverse Real-Estate Project to Buy Now
Decentraland leverages Web3.0 protocols to offer participants a metaverse ecosystem where virtual real estate can be built, traded and purchased. Built on the Ethereum blockchain, Decentraland has implemented several NFT-based use cases for participants.
For example, Decentraland offers LAND - an NFT minted as an ERC 721 smart contract representing a digital land parcel. Over 90,000 unique LAND pieces on the ecosystem can be bought, sold and traded. Another NFT on the game is Estate, an ERC 721 smart contract comprising multiple LAND pieces.
These NFTs can be traded via MANA - the governance token of Decentraland. An ERC-20 token, MANA, is also used to govern the platform on the MANA DAO (decentralized autonomous organization). Players can stake MANA and participate in community-wide voting to maintain and secure the network.
With a current price of $0.7, MANA is the 41st largest cryptocurrency with a market cap of $1.3 billion.
Invest in Decentraland via eToro
9. Ethereum - Top Smart Contract Protocol with $166 Billion Market Cap
Similar to Solana, Ethereum is an open-sourced and decentralized Layer-1 blockchain. Ethereum was one of the first blockchains to deploy smart contracts to support DApps creation by developers. The most widely used network, Ethereum, has over 2,700 DApps built on its network.
One of the best web 3.0 coins, Ethereum supports multiple NFT marketplaces such as OpenSea - which offers the biggest NFT tokens like the Bored Ape Yacht Club collection. In 2022, Ethereum officially announced its switch from a Proof-of-Work (PoW) to a PoS consensus. This move is expected to allow Ethereum to reduce gas fees and increase transaction speed.
After reaching an ATH of $4,900 in 2021, Ethereum has corrected to under $2,000 per token. Despite the price correction, Ethereum is the largest altcoin with a massive market cap of $166 billion.
10. Aurora Finance - Layer-1 Blockchain with Ethereum Bridge
Aurora Finance is a layer-1 blockchain and an Ethereum Virtual Machine (EVM) - a software developers leverage to create DApps, based on the Ethereum network.
Aurora Finance offers the Aurora Bridge - a tool which connects its network with the Ethereum blockchain. Thus, developers can access the Ethereum network to deploy DApps on the chain without paying the network's high gas fees. Moreover, the bridge can be leveraged to transfer ERC 20 and ETH tokens between Aurora and Ethereum.
By providing more scalability to the Ethereum network, Aurora Finance has become a popular Web 3.0 blockchain project. AURORA, the native cryptocurrency, is used to settle transactions between the bridge. The token also gives users access to the AURORA DAO - the governance mechanism that promotes decentralized decision-making.
AURORA is trading at $1.1 with a market cap of $83 million.
11. Binance Coin - Binance’s Governance Token Running on BSC
Binance Coin is the native cryptocurrency of the Binance exchange - the biggest cryptocurrency exchange in terms of trading volume.
Built on the Ethereum chain, Binance Coin (BNB) is now trading on the Binance Smart Chain (BSC) - a highly scalable blockchain network that offers high throughput, smart contract deployment and faster transaction speeds. BSC is a project built to support the Binance exchange - which handles the buying and selling over 600 digital assets.
Leveraging BNB on the exchange, the token offers lower transaction costs and is used to govern the network. The BSC allows BNB to conduct up to 160 TPS - which is greater than Ethereum’s 17 transactions per second. BNB is the 4th largest token with a market cap of $47 billion and one of the best altcoins right now.
Binance Coin is trading at $293 per token, with a circulating supply of more than 161 million tokens.
12. Yearn.finance - Web 3.0 Protocol Offering Passive Income Opportunities
Yearn.finance (YFI) provides various decentralized finance products, which can be leveraged to access passive income via cryptocurrencies. Among the available DeFi products are yield generation, lending aggregation and receiving insurance on the Ethereum blockchain.
One of the platform’s main features is vaults - which are staking pools that work to provide returns depending on the market factors. Another DeFi protocol is ‘Earn’ - a lending aggregator that connects with decentralized exchanges like AAVE and Compound to exploit the best interest rates possible for users.
A deflationary token, YFI is the native cryptocurrency with a maximum supply of 36,666 tokens. Currently, YFI is trading at $8,251 per token.
What is Web 3.0 Crypto?
Web3.0 refers to the decentralized form of the internet. Initially, Web 1.0 was categorized as the beginning of internet technology which first introduced an online forum. Web 2.0 refers to the development of the internet with the introduction of peer-to-peer communication methods. Some of the best technology companies, including Apple, Meta, Amazon and Netflix, are a part of the Web 2.0 community.
However, Web 3.0 looks to make the internet decentralized and give individuals more autonomy. Web 2.0-based companies all act in a centralized manner - where a central authority controls what the consumer can and cannot control. Web 3.0 leverages blockchain technology to implement smart contracts, which can be used to offer decentralized finance products and protocols.
Web 3.0 cryptos offer DeFi initiatives by providing staking opportunities to allow multiple users to govern the networks, validate transactions and vote towards community-building projects. Thus, the main users of the platform have a say in controlling the network.
Is Web 3.0 Cryptocurrency a Good Investment?
Here’s a look at the top reasons why Web 3.0 cryptos may be a good investment opportunity:
The main benefit of Web 3.0 cryptocurrencies is providing decentralization - simply meaning that there is no need for third parties to complete activities. For example, banks and financial institutions are the third parties involved in centralized finance. Decentralized finance, on the other hand, allows each individual to have complete control over their assets.
Automated Market Makers like Uniswap allow individuals to directly access liquidity by making them liquidity providers. Thus, funds can be accessed more quicker and can be transferred and swapped at a rapid rate.
With the growth of web 3.0 cryptocurrency projects, investors can earn crypto-based rewards in multiple ways. Platforms like Yearn.finance offer passive income-earning opportunities via lending aggregators, yield farming, and staking initiatives.
Furthermore, GameFi cryptos like League of Kingdoms let users access in-game tokens to participate in its fantasy game and battle for cryptocurrency rewards. Similarly, platforms like Battle Infinity offer tradable NFTs, staking platforms and NFT marketplaces with its decentralized platform.
What Drives the Price of Web 3.0 Coins?
Before investing in the best web 3.0 crypto coins, it is important to learn about the price movements and the main driving factors of this space. Similar to other cryptocurrency assets, web 3.0 coins experience high levels of volatility. In the past few years, Bitcoin’s performance has determined the price performance of other digital assets.
For example, some of the best web 3.0 coins, such as Ethereum, Solana and Binance Coin, experienced high upwards movement towards the end of 2021 - simultaneous to the Bitcoin bull run. In 2022, Bitcoin’s price correction has also resulted in a bear market among the web 3.0 cryptocurrencies.
Another important driving factor in Web 3.0 is the growing popularity of use cases. With the popularity of the metaverse - web 3.0 cryptos are implementing playable NFT avatars and in-game earning opportunities. Cryptocurrencies like Tamadoge have soared due to their unique use cases - such as playable NFT avatars, upcoming AR-based applications and new metaverse partnerships.
Finally, long-term momentum is one of the main drivers of web 3.0 projects. Ethereum has experienced major growth and has become the biggest altcoin in the space. One of the main reasons for this is the implementation of smart contracts and DeFi protocols. Many investors see Web 3.0 as the future of the internet and want to get in early. Therefore, many platforms experience tremendous growth and regular volatility due to the unpredictable nature of these assets in the long-term.
Web 3.0 cryptocurrencies implement decentralization via blockchain technology - allowing projects to offer various DeFi protocols, decentralized applications while providing more autonomy to users.
Our top picks included an upcoming Web3 crypto game, RobotEra, still at the presale stage with high growth potential.
What cryptos are Web 3.0?
Some of the popular web 3.0 cryptos include RobotEra, Tamadoge, Battle Infinity, and Ethereum. Cryptos like Ethereum deploy smart contracts to allow developers to build decentralized applications and network protocols.
How do you invest in Web 3.0?
Web 3.0 cryptos can be purchased from the top cryptocurrency exchanges. For example, eToro is a popular exchange which offers multiple web 3.0 cryptocurrencies after making a $10 deposit.
What is the best Web 3.0 crypto coin?
We recommend RobotEra (TARO) due to it being on presale currently offering a low priced entry point. It aims to be the next big Web3 game, building a metaverse in which NFT-based robots terraform a universe of different planets.