The Best Web3 Coins and Web3 Tokens

Web3 Coins

The concept of Web3 or Web 3.0 is one of the most discussed topics in the technology world today. Web3, which represents the third largest evolution of the worldwide internet network, is also closely related to the blockchain and cryptocurrency industry. There are also many Web3 coins and Web3 tokens that work with Web3 technology.

Evolution from Web 1.0 to Web 3.0

The Internet has gone through two major phases so far. We named the first of these stages as Web 1.0 and the second as Web 2.0. Now we are in the process of moving to the Web3 phase.

Web 1.0 was the first version of the internet and was non-interactive for users. In other words, users could not interact with networks and the pages they entered. The Internet did not have an interactive structure. Web 2.0, on the other hand, brought an interactive structure to the Internet. We can date the birth of this stage, especially with the emergence of social media platforms.

The emergence of blockchain technology with the publication of the Bitcoin (BTC) whitepaper in 2008 is an important step towards eliminating these question marks. The decentralization and transparency provided by blockchain technology has been seen as a tool to build a more democratic and secure internet. This new phase of the Internet is called Web 3.0.

Web 3.0 and Blockchain

Web 3.0 expresses the idea of ​​a more democratic internet that is completely transparent and decentralized. Blockchain technology and cryptocurrencies play a critical role in creating this new phase of the internet.

Web3 promises an interactive internet, just like Web 2.0, but where centralization is eliminated on servers owned by individuals or companies. In this new understanding of the internet, the servers where data and information flow are stored are not centralized. Web 3.0 aims to build on distributed technologies such as blockchain-based decentralized autonomous organizations (DAO), decentralized applications. Thus, the ownership of the Internet, management of all online assets and services that central authorities can intervene will be given to users.

Thanks to Web 3.0, neither governments, companies nor any other central authority will be able to control the data and information flow on the internet. Because in blockchain technology, servers do not belong to a single person. Data is stored in many nodes, i.e. many servers. Moreover, it is almost impossible to interfere, change or destroy the data stored in the blockchain. Thus, Web3 can build a more democratic, freer, more transparent and more secure internet. There are many web3 coins and web3 tokens established with this structure.

Web3 Coins

Cryptocurrencies of Web3 projects are called Web3 coins. Among the most prominent Web3 tokens are Polkadot (DOT), NEAR Protocol (NEAR), Basic Attention Token (BAT), Holo (HOT), and Chainlink (LINK). You can also access the newly released presale Web3 tokens from the Presale Tokens section.

Polkadot (DOT)

Founded in mid-2017 by Peter Czaban, Robert Habermeier, and former Ethereum CTO and co-founder Gavin Wood, Polkadot (DOT) is a security-focused cross-chain system. Polkadot, where other blockchains can be integrated into its chain, has an on-chain voting mechanism that allows fork-free upgrades. This mechanism works with the platform's native cryptocurrency, the Web3 Coins and the DOT token, which is included in the Web3 Tokens List.

NEAR Protocol (NEAR)

Created in 2018 by former Microsoft employee Alexander Skidanov and developer Ilya Polosukhin, NEAR Protocol (NEAR) is a blockchain protocol designed to build decentralized applications (dApps) on it. The NEAR token, the native cryptocurrency of the NEAR Protocol, works as both a utility token and a governance token.

Basic Attention Token (BAT)

Basic Attention Token (BAT) is a next-generation blockchain-based digital advertising platform. The BAT token, which is integrated into the Brave internet browser, is given to users who watch ads as a reward for the ads they watch.

Holo (HOT)

Founded by Arthur Brock and Eric Harris-Braun in 2016, Holo (HOT) is a peer-to-peer distributed platform that enables using decentralized applications built with Holochain and developing such applications without the need for blockchain. Holo, which is on the WEB3 coin list, acts as a bridge between the internet and decentralized applications. The native cryptocurrency of the platform is the HOT token.

Chainlink (LINK)

A prominent cryptocurrency among Web3 coins is Chainlink. Chainlink (LINK) is a platform that aims to bridge the gap between payment services and blockchain structures. The platform's native cryptocurrency LINK token in the ERC-20 standard was launched in 2017.