Cryptocurrency investing exploded in 2021, and 2022 maybe even more exciting. Wondering where to invest your crypto wallet in 2022? Here’s our list of top crypto coins to watch heading into the new year!
AXIA Coin (AXIA)
AXIA is a project that made a huge splash in 2021. It launched its native “hyper-deflationary” cryptocurrency, AXIA Coin, free privacy and security-focused use-to-earn apps AXplorer and AXchat, and surpassed 130,000 global users.
The project looks primed to grow even larger in 2022 with the forthcoming launch of the AXIA Network, a next generation Layer 1 blockchain with superior economics that will be launched in Q1 of next year. AXIA has already teased several features of the AXIA Network including mobile staking / mining (bringing blockchain to anybody with a smartphone or any electronic device), an innovative “Proof-of-Participation” model that is more eco-friendly, and other aspects that, AXIA claims, will help set its network apart from industry alternatives.
In addition to the AXIA Network, the project is also launching its own encrypted smartphone (that can be used for mobile mining), an NFT Platform, a Real-Time Reporting Platform, a DEX (Decentralized Exchange) and other products and platforms in the new year. With all that’s on the way, 2022 could be the year AXIA becomes a household name!
Cardano (ADA.CM=)
Cardano is an open-source and decentralized (DeFi) blockchain with consensus achieved using Ouroboros, the first provably secure proof-of-stake protocol, as well as the first blockchain protocol to be based on peer-reviewed research. “Proof of stake” blockchains are far more energy-efficient than traditional blockchain validation technologies, and are now used by a number of platforms, including the NBA’s Top Shot. Cardano facilitates peer-to-peer transactions with its internal cryptocurrency, Ada.
Cardano may not sound familiar but it boasts an impressive pedigree. It was founded in 2015 by Ethereum (see below) co-founder Charles Hoskinson and is based in Zug, Switzerland.
Polkadot (DOT)
Polkadot is also both an open source, blockchain platform and a cryptocurrency. Also like Cardano, the network uses proof-of-stake technology derived from the Ouroboros consensus algorithm. It allows arbitrary data—not just tokens—to be transferred across blockchains. An added benefit: connecting to Polkadot gives you the ability to interoperate with a wide variety of blockchains within the Polkadot network.
While not yet a household name, Polkadot boasts a sophisticated governance system where all stakeholders have a voice. Upgrades to the network are coordinated on-chain and enacted autonomously, ensuring that Polkadot’s development reflects the values of the community and avoids stagnation, which can be a buzzkill for crypto enthusiasts.
Ethereum (ETH)
Industry stalwart Ethereum needs no introduction. Amongst cryptocurrencies, it is second only to Bitcoin in market capitalization and it was one of the first DeFi applications that provide a broad array of financial services without the need for typical financial intermediaries like brokerages, exchanges, or banks. Ethereum also allows for the creation and exchange of non-fungible tokens (NFTs).
A major selling point is Ethereum’s blue-chip status. Its technology partners include Fortune 500 companies like Toyota, Samsung, Cisco Systems, Visa, Microsoft and Intel. And in case you didn’t know, its digital currency is known as Ether, not Ethereum.
One caveat: according to tech blog The Verge, Ethereum is so popular that it now uses about as much electricity as the entire country of Libya. The ecosystem has promised to migrate to the more efficient “proof of stake” model (see above) for some time, but this has yet to happen.
Chiliz ($CHZ)
Chiliz is the world’s leading blockchain fintech provider for sports & entertainment. It also powers Socios.com, the first consumer-facing product and the first scalable, mainstream hub for fans to buy tokenized voting rights in some of sports’ most popular organizations, including FC Barcelona, Juventus, UFC and A.C. Milan.
Chiliz tokens are traded on Crypto.com, Binance and Coinbase Pro, among other major crypto exchanges. If you’re a sports fan, and you want something that’s branded and easy to trade, this may be the one for you. But like a good game, Chiliz has given its fans a wild ride since its creation a few years ago. Details are available here.
RBunny (RBUNNY)
Last but not least! Rewards Bunny is an innovative cashback platform that rewards its users for online shopping with cashback in crypto such as Ethereum and Bitcoin (or US dollars). Rewards Bunny’s major selling point is that the money saved shopping on its platform could multiply when the value of the crypto received goes up. Rewards Bunny is also the first adaptive elastic tax token on the Binance Smart Chain Network (BSC).
Like Ethereum, Rewards Bunny has scored legitimacy points by partnering with desirable global brands like Amazon, AliExpress, Nike and Sephora. A final benefit: in the future, its users will be able to pay for their purchases in RBunny tokens or with an RBunny Visa Card. Check out their just-launched web browser extension to get started!