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- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
With the volatile nature of cryptocurrency, the market sees a lot of ups and downs when it comes to the values of the coins. For some coins, it can be really profitable as the price soars high. When something like this happens, a lot of assets joined with those coins also gain profit. Here are the top biggest cryptocurrency asset gainers in 2022.
Ecomi is a marketplace for licensed premium digital collectibles built on the GoChain blockchain that enables users to buy, sell, or trade virtual goods or NFTs through its VeVe app. The protocol has a utility token called OMI, which is used as a medium of exchange in purchasing and trading digital collectibles. Ecomi has secured partnerships with some of the most iconic brands in gaming and pop culture including Star Trek, Marvel, DC, GhostBusters, Adventure Time, etc.
Gala Games aims to give players back control over their games and make "blockchain games you'll actually want to play." It plans to reintroduce creative thinking into games by giving players control of the games and in-game assets with the help of blockchain technology. So far, Gala Games has released one playable game – Town Star and a popular NFT collectible series – VOX. It plans to release more games in the future, such as a fantasy RPG game, a sci-fi strategy game and a tower defense game. The platform also claims to have 1.3 million monthly active users, and 26,000 NFTs sold, with the most expensive piece valued at $3 million.
Axie Infinity is a Pokemon-inspired NFT gaming ecosystem built on Ethereum where players can battle and interact with each other, manage their own in-game characters and assets, and earn rewards for their participation in in-game activities. It's the most high-profile example of the Play-to-Earn (P2E) crypto trend that's been creating tremendous buzz in 2021, as NFTs and gaming begin to intertwine, and some even credit it for resurrecting the bull market after a few months of downward action.
Axie is modeled as an open-ended, digital pet universe where the in-game assets and the lives of Axies (pets) depend on the steps taken by players, who also have the option to perform community-based tasks that contribute to the ecosystem and gain rewards in return.
Telcoin (TEL) is an Ethereum-based platform designed to support cross-border remittances and spur the utilization of telecommunications infrastructure and blockchain to disrupt the international remittance industry. The project partners with telecommunication service providers to help their clients perform money transfer activities, especially in areas without accessible banking options. Established in July 2017, Telcoin is the brainchild of Paul Neuner and Claude Eguienta.
Solana (SOL) is one of the latest Ethereum-alternative blockchain networks known for its fast transaction throughput, capable of processing 50,000 transactions per second. It has seen a massive influx of support as Ethereum's gas prices continue to surge despite the rollout of EIP-1559. SOL climbed from a measly $1.84 on January 1st to a staggering $191 by the beginning of September 2021. Solana employs a novel form of delegated proof-of-stake (dPOS) that relies on Byzantine Fault Tolerance (BFT) and proof-of-history (PoH), which enables the platform to confirm transactions much faster and support greater scalability.
Fantom is a decentralized protocol designed to run dapps and host digital assets in its high-performance network, blending blockchain and direct acyclic graph (DAG) technologies to solve the blockchain scaling problem without sacrificing security and decentralization. Its Opera mainnet boasts having full range smart contract capability, superior speed, and quick finality that has enabled it to rise through the ranks and become one of the fastest-growing Layer 1 smart contract platforms to date.
Self-described as Ethereum's "Internet of Blockchains", Polygon is a layer-2 scaling protocol that connects Ethereum to multiple compatible blockchain networks to allow for interoperability and optimum scalability. Polygon aims to address Ethereum's current biggest problems such as gas costs and slow transaction confirmation, and offers instantaneous cryptocurrency transfers at negligible costs. In the future, the team intends to add more scaling solutions to allow its deployment on non-Ethereum networks.
Rari Governance Token (RGT) is the native token behind Rari Capital. Rari Capital is a non-custodial DeFi robo-advisor that "empowers individuals to break free by creating new opportunities, communities and financial products." Rari Capital allows users to deposit their crypto assets to earn yield, hold RGT tokens to participate in the governance of the protocol, and build and develop applications by leveraging on Rari Capital's lending, borrowing and yield products.
BAO Finance is a second-layer protocol for synthetic assets built on top of UniSwap, SushiSwap and Balancer, making it a cross-chain platform. BAO prides itself in providing a fair token distribution, making its utility token, BAO, available only through farming with a three-year lockup period and eliminating VC funding and allocation.
Verasity (VRA) is a blockchain-based video sharing platform that focuses on bringing decentralization to the entertainment space, allowing content creators and viewers to take advantage of advertisements, on-demand video subscriptions, and crowdfunding initiatives, without the need for any intermediary facilitator. The platform has its own video player application that can support a database of 8 petabytes of video per month. It also has an integrated digital wallet that creators and viewers can tap into to make network transactions.
