What are Web 3.0 Coins?

Web 3.0 is an umbrella term for the decentralised and blockchain-based phase of the internet. With an increasing interest in this field, Web 3.0-related projects and technology continue to be developed. Many Web 3.0 coins are listed on BtcTurk | PRO. In this article, you can find out about the Web 3.0 coins listed on the platform.

What is Web 3.0?

Web 3.0 is a term for the decentralised and blockchain-based phase of the internet. It is built on decentralised connections without the use of intermediaries. A key element of Web 3.0 is data security. It’s an online system where personal data is not shared, and where no profit is made by a central authority.

Web 3.0 is a decentralized technology. The use of decentralized applications for Web 3.0 and the presence of decentralized projects using Web 3.0 technology on the blockchain mean that the two technologies are constantly interacting.

Web 3.0 coins listed on BtcTurk | PRO

Ankr (ANKR)

Ankr offers an infrastructure that allows for the shared use of system resources between hosts on a network. This means blockchain hosting solutions are more affordable and installation processes are simple. The company that runs the project provides services to corporations, software developers and blockchain volunteers at far more affordable costs than standard hosting services.

For more detailed information about Ankr (ANKR), read our article, Ankr (ANKR) Facts.

Audius (AUDIO)

Audius is a decentralised music streaming platform that bridges the gap between fans and musicians. The most listened-to songs and playlists hosted by the service are rewarded with AUDIO — the platform’s cryptocurrency asset.

Basic Attention Token (BAT)

The Basic Attention Token (BAT) is the digital asset of a blockchain-based digital advertising platform. With the Brave web browser advertisers can target users efficiently and deploy more interactive advertising. At the same time users are able to earn money from viewing advertisements — these are tailored to their interests but also don’t violate their privacy.

Polkadot (DOT)

Polkadot is a scalable, interoperable and secure network protocol for the next-generation internet. It is supported by the Switzerland-based Web3 Foundation. The Polkadot network connects different blockchains, enabling inter-chain data transfers. This way, decentralised applications can receive data from open, semi-public, or private blockchains that operate independently.

Fetch.ai (FET)

Fetch.ai (FET) is an artificial intelligence project for blockchains. It is a public, decentralised machine learning network providing artificial intelligence-supported smart infrastructure to the decentralised digital economy. It aims to improve machine learning by connecting AI technology, known as the Internet of Things (the way devices to communicate with each other) with blockchain-based algorithms.

Filecoin (FIL)

Filecoin (FIL) is a decentralised file storage system using the IPFS (Interplanetary File System) protocol. It allows data to be accessed from multiple locations. The company claims that the project offers users a reliable, low-cost storage option by optimising the free storage space on networked devices.

Golem (GLM)

The Golem network, with its cutting-edge architecture, aids developers in creating more innovative projects. Users share their unused computing capacity with those who need it. Users who share capacity receive GLM as payment in return. The Golem network is built on Ethereum layer 2.

The Graph (GRT)

The Graph (GRT) is an indexing protocol for data queries on Ethereum and similar networks. It provides data with Decentralised Finance (DeFi) APIs and Web 3.0 ecosystem applications. Anyone who wants data to be publicly available can create and publish open APIs called Subgraph. At the moment, the Graph protocol can index data on the Ethereum blockchain and the distributed file storage system IPFS (InterPlanetary File System).

Chainlink (LINK)

Chainlink was developed as a decentralised expert network to provide external data connectivity to smart contracts. This way, data not included in the blockchain can be associated with secure and verifiable smart contracts. Chainlink provides a reliable decentralised connection between APIs (Application Programming Interfaces) and smart contracts.

NuCypher (NU)

NuCypher is a decentralised encryption service that provides encryption, access control, and key management for public blockchains. NuCypher provides end-to-end encrypted data sharing for blockchains and decentralised file storage solutions.

Storj (STORJ)

Storj is a blockchain-powered, open-source cloud storage system. It allows data to be stored securely and cost-effectively on a decentralised network. In the decentralised Storj cloud storage network, files are fragmented, encrypted, and distributed via the global storage network instead of being stored on centralised servers.

Stacks (STX)

With its new name and branding, Stacks’ mission is to create a better, user-owned, decentralized internet. To do it, we’re unleashing Bitcoin, the most battle-tested and valuable blockchain in the world. The project launched in 2017 as Blockstack and was first cryptocurrency project to receive approval from the US Securities and Exchange Commission for investment.