8 BEST Web3 Crypto Coins (2023)

Web 3.0 crypto coins are cryptocurrencies belonging to blockchain projects that spearhead the decentralization of the internet. They are also some of the most popular cryptocurrencies in the space, often giving back lucrative returns to investors.

With over 1000 web 3.0 crypto coins to choose from, finding the right ones can be quite a headache. Our team compiled a list of the best and safest web 3.0 crypto coins to invest in based on emerging technologies, rate of adoption, current market value, and potential prices in the future.

Best Web 3.0 Crypto Coins List

Name Market Cap Current Price Link
Chainlink $3.23B $6.90 Learn More
Filecoin $1.34B $5.56 Learn More
The Graph $784M $0.10 Learn More
Ethereum Name Service $321M $12.48 Learn More
Pro Tip

Choosing Web3 crypto to invest in can be a hassle; therefore, due diligence is needed. Web 3.0 coins should have serious developers and large communities behind them. You might also want to consider the level of adoption and the historical price performance of the asset, not forgetting the roadmap. Make sure you research these factors rather than just following the hype.

1) Chainlink

Best for smart contracts

Chainlink is one of the leading oracle networks in the blockchains space. The oracles help blockchains to access off-chain data and develop programmable smart contracts. This decentralized network provides long-term data reliability and helps power some significant companies in the DeFi space.

Some of the top DeFi protocols using Chainlink oracles to get accurate off-chain data feeds include AAVE, Uniswap, and Compound. Moreover, Chainlink is currently working with the Word Economic Forum (WEF) to power the fourth industrial revolution (4IR).

Chainlink

Features:

  • Reliable and tamper-proof network
  • Seamless connection to any API and 99% uptime guarantees
  • Proven, ready-made solutions
  • Secure off-chain computation
  • Blockchain: Ethereum
  • Liquidity: $894,430,131
  • Technology: Smart Contracts
  • Release Date: Chainlink was introduced to the market in September 2017.
  • Market Value: Chainlink boasts a robust valuation of $3,804,196,510.
  • Adoption Rate: Chainlink is widely accepted, evidenced by its high adoption rate.
👍 Pros 👎 Cons
Chainlink has over 1000 integrations. Price oracles tend to malfunction continuously and result in industry-wide crashes.
Chainlink node operators get rewarded in LINK tokens LINK price is still undervalued despite the high network demand
Fixed total supply of 1 billion tokens Chainlink already has a huge market capitalization.

Prediction for the future:

  • With WEF adopting Chainlink’s technology, there should be mass adoption in the coming years
  • Such adoption can see the price of LINK hit $200 by 2030

Link: https://www.chain.link


2) Filecoin

Best for secure data storage solutions

The Filecoin project was launched in 2014 and is a decentralized storage network. This blockchain stores information through a technology called the Interplanetary File Storage (IPFS) system. Consequently, Filecoin makes permanent data storage truly decentralized.

Filecoin is specially designed to work seamlessly with Web3 and DeFi protocols. You can store data such as NFTs, large files, and often accessed data on the network. That’s why Filecoin is one of the best networks for the online video industry and music streaming. FIL is the native token of the Filecoin blockchain and has many utilities added to it, including voting power.

Filecoin

Features:

  • Users can take part as storage providers
  • Offers the ability to rent out unused hard drive space
  • Data consumers pay storage providers for space on the IPFS.
  • Developers can gain access to new data storage paradigm
  • Filecoin and IPFS combine to make the internet secure
  • Content addressing and cryptographic storage proofs for data verification.
  • Transparent rules in the Filecoin DAO
  • Release Date: It was launched on July 15, 2014, marking its longevity.
  • Market Value: It holds a significant market valuation of $2,037,729,897.
  • Adoption Rate: With a high adoption rate, Filecoin showcases its widespread acceptance and popularity.
  • Blockchain: Filecoin
  • Liquidity:  $814,188,468
  • Technology: Interplanetary File Storage System (IPFS)
👍 Pros 👎 Cons
The technology is resistant to censorship, allowing true freedom of information. It has a huge market capitalization already, which can suppress its growth
Filecoin provides reliable storage with the IPFS system Filecoin’s security has been questioned severally despite claiming that users’ information is fully encrypted.
Anyone can verify proof-of-storage on the Filecoin blockchain via the Filecoin explorer  

Prediction for the future:

  • As of June 23, 2022, Filecoin storage represented 1% of global cloud storage capacity, just two years after the mainnet launch
  • At this rate, Filecoin technology adoption could reach over 5% by 2030, and its price well over $150

Link: https://www.filecoin.io


3) The Graph Protocol

Best For data access and organization

A Graph is a tool for indexing the blockchain. Using GraphQL, anyone can query blockchain networks such as Ethereum and Filecoin.

This web three crypto wallet is open source. Therefore, developers can build on top of it using APIs called subgraphs, which help improve data accessibility.

Dubbed the Google of blockchains, Graph protocol has been ingrained in DeFi, governance, social media, virtual reality entertainment, and even marketplaces.

GRT is the native token of the Graph protocol, and through it, members of the graph DAO can govern the network. Top DeFi projects using the Graph include Uniswap, Synthetix, Decentraland, Polkadot network, and Aragon, among others.

The Graph Protocol

Features:

  • Own your identity, data, and reputation
  • Programmable money and financial contracts
  • Guaranteed to run forever on reliable public infrastructure
  • Seamlessly switch between dapps across different blockchains.
  • Supports Helium network, Ethereum mainnet, NEAR, and all EVM-compatible blockchains
  • Release Date: The Graph Protocol debuted on December 17, 2020, highlighting its recent entry.
  • Market Value: It possesses a commendable market valuation of $1,053,578,658.
  • Adoption Rate: Demonstrating its rapid acceptance, The Graph Protocol boasts a high adoption rate.
  • Blockchain: Ethereum
  • Liquidity: $109,649,952
  • Technology: Decentralized Data Indexing and Querying Tool
👍 Pros 👎 Cons
Supports over different blockchain networks, including Ethereum and layer 2’s Most of the subgraphs are hosted on centralized services and are not fully decentralized yet.
The Graph is backed by industry leaders, including Coinbase Ventures and ParaFi Capital.  
It saves developers a lot of time and money.  

Prediction for the future:

  • The graph surpassed 25 billion queries by mid-2021, showing rapid adoption
  • The price of GRT token should hit $10 by 2030

Link: https://www.thegraph.com/


4) Ethereum Name Service

Best For domain registrations and rankings

Ethereum Name Service is a domain registration and hosting service that users can use to name their websites, crypto wallets, and much more. You can use your ENS name across blockchain services, including DEXs, metaverses, and Play-2-Earn games. Ethereum Name Service is one of the most widely accepted blockchain naming services with over 500 integrations.

Ethereum Name Service

Features:

  • Own your username, avatar, and other profile data across services.
  • Launch censorship-resistant decentralized websites with ENS.
  • You can also use ENS with your own DNS names, including .com, .org, .io, etc.
  • ENS is supported by a large ecosystem of wallets, browsers, and Dapps.
  • Release Date: Ethereum Name Service was unveiled in May 2017, showcasing its market presence.
  • Market Value: Ethereum Name Service commands a notable market valuation of $397,709,772.
  • Adoption Rate: With a high adoption rate, Ethereum Name Service indicates its widespread use and acceptance.
  • Blockchain: Ethereum
  • Liquidity: $89,602,359
  • Technology: Decentralized Web Domain Registration and Hosting
👍 Pros 👎 Cons
Many blockchain services widely accept them. If you lose your keys to your domain, there’s no way to recover, and you lose your website.
You can own a website address as an NFT.  
An open market on OpenSea for buying and selling ENS domain names  
Simplifies wallet addresses, making it easy to send and receive cryptocurrencies.  

Prediction for the future:

  • ENS adoption will increase as they rollout sub-domains shortly
  • At this rate of adoption, the price of ENS should hit $250 by 2030

Link: https://ens.domains


5) Ocean

Best For decentralized storage network

Ocean Protocol is a marketplace for a new asset class that has become popular in the 21 century – data. This platform is a middle ground for data consumers and providers to meet and transact. Data providers can put a price on their data, and consumers get a central place to access whatever data they need.

Ocean protocol has been featured in leading mainstream news outlets such as BBC, New York Times, and Forbes. It is the best web 3.0 crypto wallet on the Ethereum blockchain, and data is converted to ERC-721 NFTs and ERC20 tokens which are interoperable.

Ocean

Features:

  • Users can buy & sell private data while preserving their privacy
  • Data remains in full control of owners since it never leaves their premises.
  • Data is tokenized into NFTs or crypto tokens to be tradeable on DEXs
  • Ocean specializes in data availability, data accuracy, and reliability
  • Release Date: Ocean Protocol was introduced to the market in 2017, marking its establishment.
  • Market Value: Ocean Protocol holds a respectable market valuation of $92,439,651.
  • Adoption Rate: Demonstrating its popularity, Ocean Protocol boasts a high adoption rate in the sector.
  • Blockchain: Ethereum
  • Liquidity: $22,993,024
👍 Pros 👎 Cons
Users of the internet and Web3 have total control of their information and data. The price has been artificially suppressed despite having a relatively low token supply.
Web3 users get rewarded for any data they share  
Ocean improves data privacy and removes the stealing of data by corporates.  

Prediction for the future:

  • Ocean continues to secure more partnerships as Cypher Capital recently invested $5 million in the Ocean protocol
  • Ocean Protocol (OCEAN) should hit $40 by 2030

Link: https://www.oceanprotocol.com


6) Aragon

Best For building decentralized networks and DA

Aragon is a one-stop service for all your governance needs. Blockchain startups can use its infrastructure to develop and manage Decentralized Autonomous Organizations (DAOs). It has a governance plugin and other open-source infrastructure to help blockchain projects achieve true decentralization through a DAO.

Aragon’s services have been employed to build some of the largest DAOs in the blockchain space, including Decentraland (digital real estate), BadgerDAO, and PieDAO, among others. It is one of the best web 3 crypto platforms that has been covered by leading news outlets like Forbes, Yahoo Finance, and TechCrunch.

Aragon

Features:

  • Helps communities can raise funds, pay contributors, and govern together
  • Makes gasless and universally verifiable voting solutions for web3 possible.
  • Supplies secure, end-to-end verifiable, censorship-resistant voting solutions for your organization.
  • Helps you to build next-generation DAO platforms that are simple, modular, and adaptable
  • Release Date: Aragon made its debut on May 25, 2020, showcasing its recent inception.
  • Market Value: Aragon commands a market valuation of $78,500,889, reflecting its financial standing.
  • Adoption Rate: With a high adoption rate, Aragon indicates its widespread acceptance and popularity in the market.
  • Blockchain: Ethereum
  • Liquidity: $18,321,492
  • Technology: Aragon App, Aragon Voice, Aragon Client, Aragon, Vocdoni
👍 Pros 👎 Cons
Aragon has a great volatility mitigation mechanism that prevents impermanent loss. Aragon is not widely known among crypto users despite its powerful technology.
The project has a low total token supply of 39.6 million.  
Reduced costs of building DAO by up to 66% in Aragon (ANT) V2  

Prediction for the future:

  • Aragon’s adoption will only increase as Web3 grows. It is the main engine for building DAOs on the Ethereum network
  • With Aragon V2, ANT should hit $120 by 2030

Link: https://www.aragon.org


7) iExec RLC

Best For renting computing power and data

iExec RLC is a web3 marketplace where users harness the iExec infrastructure to build and sell their web3 apps. You only need a browser, a data source, and some time to get a fully working product.

iExec RLC is powering web3 by helping users with ideas without technical knowledge in blockchain technology development to bring their ideas to reality. The iExec infrastructure helps developers to build their Dapps. iExec is also part of the Enterprise Ethereum Foundation (EEA).

iExec

Features:

  • Purchase on-demand, unlimited computing power for your applications.
  • Users can construct applications and protect their ownership and privacy.
  • The iExec’s web3 marketplace for computing assets allows users to trade these assets on a global scale.
  • Release Date: iExec RLC was launched on April 19, 2017, highlighting its tenure in the market.
  • Market Value: iExec RLC boasts a market valuation of $76,792,838, signifying its financial footprint.
  • Adoption Rate: With a high adoption rate, iExec RLC demonstrates its broad acceptance and prominence in the sector.
  • Blockchain: Ethereum
  • Liquidity: $11,199,256
  • Technology: iExec SDK
👍 Pros 👎 Cons
iExec provides value to a wide range of industries as opposed to its competitor, Ocean protocol iExec does not have one field of focus and hence has a higher chance of being overtaken by other projects
RLC token is undervalued compared to the value locked in iExec RLC  
More than 70% of tokens are already in circulation, hence no VC dumping risk.  

Prediction for the future:

  • iExec is securing partnerships for many upcoming blockchains such as Ontochain
  • iExec RLC should hit over $80 by 2030

Link: https://www.iex.ec


8) Flux

Best for Decentralized Cloud Infrastructure

Flux is a decentralized blockchain network enabling the scalability of cloud infrastructure. You can develop, manage and scale you’re your Dapps on multiple servers concurrently.

The project is a crypto market leader and partner with notable names in both the traditional and digital world, such as Nvidia and Kadena.

Flux

Features:

  • Flux network is fully decentralized and resilient to system failure and censorship.
  • FluxOS is both blockchain and DApp agnostic
  • FluxNodes are currently running in many countries globally.
  • Its operators are rewarded daily for running nodes.
  • Node operators can choose hosts from bare metal, cloud-based, ARM64, and VPS servers.
  • FluxConnect works with IoT devices using 2G, 3G, 4G, Wi-Fi, and even 5G
  • Release Date: Flux was introduced to the market on January 31, 2018, marking its establishment.
  • Market Value: Flux commands a substantial market valuation of $151,680,659, reflecting its financial significance.
  • Adoption Rate: With a high adoption rate and over 11,000 nodes active, Flux showcases its widespread utilization and robust network presence.
  • Blockchain: Flux
  • Liquidity:  $5,984,474
  • Technology: Cloud Infrastructure to process transactions and collateralize nodes etc.
👍 Pros 👎 Cons
Supports many platforms such as KeeperDAO, OwnCast, and Element Largest FLUX coins holder can manipulate the system
Users get passive rewards through operating a node or mining FLUX coins.  
Flux offers developer support for any dev to create a Flux DApp.  

Prediction for the future:

  • Flux has over 5,481.21 Terabytes of data secured, and the number is increasing
  • The price of the Flux coin can reach above $100 by 2030 since cloud infrastructure is becoming popular

Link: https://www.runonflux.io

What are some of the popular layer 3 crypto coins?

StarkNet is a layer 2 scaling solution for Ethereum that uses zk-rollups. It is designed to be highly scalable and secure & it has the potential to significantly reduce gas fees on Ethereum.

Polygon is a layer 2 scaling solution for Ethereum that uses Plasma. It is designed to be more scalable and flexible than Ethereum & it has a growing ecosystem of dApps.

Optimism is a layer 2 scaling solution for Ethereum that uses Optimistic rollups. It is designed to be more scalable and efficient than Ethereum and has a lower gas fee than Polygon.

Arbitrum is a layer 2 scaling solution for Ethereum that uses Optimistic rollups. It is designed to be more scalable and secure than Ethereum & it has a growing ecosystem of dApps.

Celer Network is a layer 2 scaling solution for Ethereum that uses state channels. It is designed to be more scalable and efficient than Ethereum and can be used to build a variety of dApps.

FAQs

Web 3.0 crypto coins are cryptocurrencies that secure blockchain projects that run on smart contracts over the internet. Web 3.0 gives internet users more control over their data, while web 3.0 coins allow users to own a piece of the internet.

Following are the best web3 crypto projects

  • Chainlink
  • Filecoin
  • The Graph
  • Ethereum Name Service

Buying Web 3.0 tokens is easy. Most of them can be found on Decentralized exchanges such as Uniswap and 1inch. Some more popular ones can also be found on Centralized exchanges such as Binance and Coinbase.

With hundreds of webs 3.0 coins flooding the market, many retail investor accounts incur losses from investing in the wrong projects. While this is not investment advice, the information can be used to make informed decisions.

Here are some things to consider before choosing a web3 crypto to invest in.

  • Market Cap: The smaller the market cap, the more potential the project has to rise in value. Projects with already a huge market cap are mostly considered price in or overvalued and hence are due for a correction.
  • Whitepaper: This is an official document showing the concept behind the project and the implementation of the idea in real life. The paper carries the project’s vision so you can evaluate a project’s potential worth.
  • Price History: The price history of a project can be used to predict its future. The tasks are probably dead if the price is down more than 80% and it’s not bear season.
  • Trading Volume & Liquidity: A higher trading volume signifies the project is a good investment. A low trading volume indicates investors’ lack of confidence in the project, while a large trading volume shows a healthy project.
  • Circulating Supply vs. Total Supply: If the circulating supply of a project is small compared to its total supply, then there is a risk of dilution in the future, which can hurt the price of a crypto asset.