The top blockchain projects have enormous potential in the coming years.
In this current market condition, we know that the price of assets is down to low level. So is that mean the Cryptocurreny is just a bubble? In my opinion, it is. This is because there are too many blockchain projects available in the market and just few will stay in the upcoming decade. In othername the Blockchain Technology is here to stay and a small portion of a project I assume will stay and bring mass adoption into the world economy.
Project competition is getting intense in every growing market, The blockchain projects develop and improve their services to compete with each other. Don’t forget the innovation too, but in my opinion, the one who can stand across the market is the one not just with new innovative technology but rather someone who’s used the network.
Here’s my recommendation for a project that you need to consider looking as a reference for your investment decision.
Bitcoin
The top coin in cryptocurrency market that popular as store of value, The fundamental thing about Bitcoin that this supply would increase as the market recovers and the institutions started put this as their value asset also as the supply max is 21 million coin. We will see increasing prices as the demand goes up.
Ethereum
The second largest market cap coins that recently merged and switched to Proof of Stake.Ethereum is one of the decentralized blockchain networks that contains Dapps with massive users compared with other blockchain networks. The big deal in this ethereum network is the users and ecosystem are constantly growing as the development and services are stable, easy to access, competitive in fees, and secure.
Chainlink
Is a services that the leader of Oracle industry, Chainlink is not a blockchain network but it’s a Oracle services if you interested about chainlink and oracle, you can read in this article. To summarize, Oracle is a technology that allows the blockchain network to interact (receive and send) data with a platform that is not part of the blockchain network. In my opinion, this is a crucial infrastructure that keeps a blockchain relevant over time when processing data. In other words, most blockchain services need this technology inside their network structure.
Matic
It’s a layer 2 protocol, so what is layer 2? The layer protocol is a network that is built on top of a main blockchain layer that helps conduct a transaction, but this transaction is separate from the main layer, while in security, it still takes the advantages of the main layer. More importantly, the layer 2 network in the blockchain is distinct from the main network. Matic is a layer 2 solution that is built on top of the ethereum network. There’s some evidence that this platform is a good option to take a look at. First, it offers scalability and more stable fees. These advantages would fit in gaming p2e ecosystem that requires approval with transactions in it. Among other things, it’s their partnership with a global company as I write this article. Disney announced their partnership with Matic as their web3 aggregator and Starbucks announce their starbucks membership card loyalty will built in Matic network.
Sandbox
So I recently mentioning about p2e. Play to Earn is a gameplay that facilitates in-game items that are tradeable, and users are capable of earning by trading items on the platform. Sandbox is a Metaverse platform that allows developers to develop their own play to earn games. Moreover, in this current market, the Sandbox is the leader of this metaverse platform compared with its competitors.
As this article explains, the bear market happened in every industry, not just in the crypto market, But it also came as a good opportunity for you to look at this list, because all the coins on that list stand at their low price point, and in upcoming years they will recover and have a good return on investment. DO YOUR RESEARCH before you buy any assets. Thank you for reading. Feel free to discuss and leave a comment.
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