There has been a lot of conversation about Web 3.0, and it can be hard to separate hype from reality, but one thing is certain: Web 3.0 is happening. So how do you position yourself to take advantage of this new era of the internet? Here are some ideas:
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Web 3.0 is the next evolution of the internet, promising to be more interconnected than ever before.
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We will also see a significant push for crypto in a Web 3.0 world, so it helps to know which coins deserve attention.
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This 3.0 evolution has been developing for years and is now poised to become more visible and realized in the near future.
Certain tokens appear positioned to benefit from the Web 3.0 revolution. Below are our top picks:
Kusama (KSM)
Kusama (KSM) is often described as Polkadot’s more experimental cousin. It is a highly scalable blockchain designed to provide developers with interoperability — a capability that is increasingly important and relatively rare. The project is built on what is called a Substrate framework.
Data source: TradingView
Essentially, Substrate is a blockchain toolkit that enables the creation of highly scalable solutions. As the Web 3.0 conversation grows, interoperability will be a critical factor. Kusama (KSM) delivers on that promise, and with a market capitalization around $1 billion, it represents a notable investment consideration.
Siacoin (SC)
Part of building the ultimate Web 3.0 will involve creating a fully decentralized internet. While several projects are making strong progress in this area, Siacoin (SC) deserves a place in your evaluation.
The strength of Siacoin is its versatility and natural fit for a Web 3.0 environment. At the time of writing, Siacoin (SC) had a market capitalization in the neighborhood of $517 million. Given its utility and the growing demand for decentralized storage, it’s easy to envision scenarios where this coin could achieve significant gains in the years ahead.