LCXwire, announced it published a complete layer 3 crypto coins list with all 90 layer 3 coins listed in order. While researching the list LCXwire determined the Top 5 Investment Web3 Projects for 2022.
Strict qualifications were required for high placement on the Top 5 projects of LCXwire's comprehensive 2022 layer 3 crypto coins list. LCXwire evaluated multiple criteria in order to narrow the field to the top 5 projects for individuals thinking about or active in trading cryptocurrency and individuals searching for a complete layer 3 crypto coins list to facilitate investment research of every web3.0 project. The article also provides an extensive overview of what is Layer 3 technology, usually referred to as web3.0, and how is this layer 3 different or necessary with the first two layers of the blockchain. This overview includes an explanation regarding the blockchain trilemma and how layer 3 addresses the trilemma. The full list of items along with the selection criteria can be found on the company website https://lcxwire.com/complete-layer-3-crypto-coins-list-pdf-2022-what-is-web3-top-5-investment-worthy-projects/. The entire Layer 3 crypto coins list is also available as a downloadable pdf with a link in the article.
Among the highest ranked layer 3 projects are:
#1 Helium (HNT) - Helium is one of the most popular Web 3.0 cryptocurrency projects and has the responsibility of getting the internet into everyone’s hands. The project offers a web service designed to compete with ISP giants like Verizon and AT&T. It uses blockchain, along with physical hotspots, that allow users to access wireless internet around the world. Users can purchase hotspot hardware that is located in an apartment, home or other central location. If another Helium user wants to connect outside of the building, they can find hotspots and actively connect to them.
#2 River (FLUX) - While Helium provides basic access to the Internet with its product service, Flux is the project that provides developers with the foundation for building this new version of the web. Flux can be thought of as a sandbox for Web 3.0 development. Users can develop Web 3.0 applications and decentralized projects and then deploy them on networks. This is made possible by FluxOS, a decentralized operating system for Flux users.
#3 Filecoin (FIL) - Filecoin is like a filing cabinet for Web 3.0. It is a decentralized storage network that serves both as a secure alternative to centralized cloud storage and as a passive way of making money. Filecoin wants users to be aware that the storage can hold almost any type of data, be it audio files, videos, still images, or text. It also claims to be secure enough for more important data like private company information and records.
When discussing the reasons for creating the list, Mal Packer, Staff Writer of LCXwire said,
"The staff of LCXwire were searching for a complete layer 3 crypto coins list and determined there weren't any readily available. So, we decided to do the research and publish the first complete web 3.0 projects list. While we were developing the list we decided to rank the top 5 crypto web 3.0 projects based upon the impact of a web3.0 project to facilitate crypto's ability to provide users with unbreakable ownership of their digital assets, the relative market capitalization of the layer 3 coin, and the ability of a web 3.0 project to influence the elimination of the large corporate middlemen of the current crypto universe. "
LCXwire has previously published a very popular article providing a complete list of Layer 1 and Layer 2 Blockchain List of 2022 with crypto protocols project comparisons. the article details the difference between the blockchains layer 1 and layer 2 projects. That article can be read at https://lcxwire.com/get-a-complete-layer-1-vs-layer-2-blockchain-list-of-2022-with-crypto-protocols-project-comparison-whats-the-difference/.
Individuals thinking about or active in trading cryptocurrency and individuals searching for a complete layer 3 crypto coins list looking for the most up-to-date rankings for layer 3 crypto coins can view the list at https://lcxwire.com/complete-layer-3-crypto-coins-list-pdf-2022-what-is-web3-top-5-investment-worthy-projects/. Companies who would like to be considered for the next list may contact LCXwire via their website, https://lcxwire.com.
