Web 3.0 focuses on decentralization and cryptocurrencies are decentralized by definition. This is why cryptocurrencies are inextricably linked to Web 3.0, and experts anticipate that cryptocurrencies will play a significant role in Web 3 and the metaverse’s progress.
In this article, we’ll be looking at 5 top web 3 crypto for high profit suitable to invest in.
1. Lucky Block (LBLOCK)
Lucky Block, touted as the world’s fastest cryptocurrency, ranks as No 1 on our Top Web 3 crypto for high profits. At press time, LBLOCK trades at $0.00275 with a 24-hour trading volume of $2,855,000. Lucky Block is down by 0.77% in the last 24 hours.
The goal of Lucky Block is to increase gaming transparency and fairness by creating a lottery in which every participant has a better chance of winning, while providing a sound investment plan for token holders and contributing to the community.
Lucky Block has launched its first NFT collection, the Platinum Rollers Club recently. The goal of Lucky Block’s initial collection of 10,000 NFT pieces is to harness the full power of the technology that powers NFTs by bringing more utility to the blockchain. The funds raised from the NFT sales will be used to invest in Lucky Block’s future growth.
For every sale and resale of NFT on the blockchain, a 10% royalty payment is transferred back to the Lucky Block wallet address. As a result, the trading of these sought-after NFTs will benefit all token holders.
2. Polygon (MATIC)
Next on our list of Top 5 Web 3 crypto for high profits is Polygon. At press time, MATIC trades at $1.63, with $940,000 in 24-hour trading volume. In the past 24 hours, Polygon has gained 2.76% with a live market cap of $12 billion. There are 7 billion MATIC coins in circulation, with a maximum supply of 10 billion MATIC coins.
Polygon is a side chain scaling solution that interoperates with the Ethereum blockchain to enable fast transactions and low charges. On a single side chain, Polygon claims it can process up to 65,000 transactions per second (TPS), with a block confirmation time fewer than two seconds.
Telefónica Tech, the Spanish telecom company, has teamed up with Polygon to deliver Web3-based solutions to its business clients.
Polygon’s network and tools are used to provide a quick and easy way for businesses to integrate blockchain technology into their operations. TrustOS, Telefónica Tech’s managed blockchain platform, will benefit from improved traceability, tokenization, and certification capabilities as a result of the collaboration.
3. Decentraland (MANA)
The browser-based 3D virtual world platform, Decentraland, is next on our list of top web 3 crypto for high profits. MANA trades $2.67, with a 24-hour trading volume of $582 million as of press time. Decentraland has gained 2.18% in the last 24 hours, with a market cap of about $4 billion.
Decentraland (MANA) is a virtual reality platform based on the Ethereum blockchain. The platform was created for content creators, businesses, and individuals looking for a new artistic medium, a new source of income, or a new kind of entertainment. Many Decentraland users currently monetize LAND through leasing, advertising, and paid experiences and offer a creative outlet.
From March 24th- 27th, Decentraland will be hosting its first-ever Fashion Week, which included a mix of high-end designers and wearables retailers showcasing non-fungible token (NFT) collections in the blockchain-based virtual world. Decentraland’s Fashion Week aims to give a venue for people to express themselves and deepen their awareness of themselves through wearables on their avatars, with the rise of digital goods and metaverse shopping experiences.
4. Sandbox (SAND)
Here we have Sandbox, the 3D Metaverse game for high profits. At press time, SAND trades at $3.45, with a 24-hour trading volume of $871 million. In the past 24 hours, Sandbox has gained 1.93% with a live market cap of $3 billion.
The Sandbox is a decentralized NFT gaming metaverse powered by Ethereum. The platform provides users with the opportunity to design, sell, utilize, and monetize their virtual reality NFTs. By focusing on user-generated content, the Sandbox creates a metaverse of involved players who contribute to the platform’s further development.
As part of a recently announced deal with the virtual world platform, HSBC Bank has purchased a parcel of virtual land in The Sandbox metaverse. HSBC is Europe’s second-largest bank by assets, and its collaboration with The Sandbox is the first time a major financial institution has made a direct investment in the metaverse.
5. Theta Network (THETA)
Our last top web 3 crypto for high profits is Theta Network. Currently, THETA trades at $3.26, with a 24-hour trading volume of $245 million. The digital asset gained 0.65% in the last 24 hours, with a live market cap of $3 billion.
Theta’s blockchain is a decentralized video delivery network where users share bandwidth and computing resources on a peer-to-peer (P2P) basis. Its principal business concept is to decentralize video streaming, data transfer, and edge computing, therefore making it more efficient, cost-effective, and fair to industry participants.
Recently, Katy Perry, the global music artist launched her second collection of NFTs on Theta Network. According to a press release, “The Roar Package” sold out in 95 minutes, making it one of the most successful NFT drops on Theta’s NFT marketplace.