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5 Top Web3 Crypto to Buy Now – July 2022

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5 top Web3 crypto to buy now - July 2022
5 top Web3 crypto to buy now - July 2022

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In the past few days, the crypto market recorded some gains. The crypto industry has regained the $944 billion total value locked (TVL). Value-driven investors are looking for the top Web3 crypto to buy for maximum gains as the bulls continue to push back.

In this article, we highlight some of the top Web3 cryptos for maximum profitability.

1. Lucky Block (LBLOCK)

Our top Web3 crypto to buy for maximum profitability is LBLOCk, the network token for Lucky Block. Lucky Block is a global crypto gaming protocol. The platform is set to redefine the $230 billion online gaming landscape as it is inclusive and demographic-proof.

LBLOCK Price ChartLucky Block addresses the problem of rigged results by using Chainlink’s Verifiable Randomness (VRF) service. This ensures that the platform is transparent and fair as all winning tickets are randomly generated.

Recently, Lucky Block launched its daily draw games where users stand a chance to earn as much as $50,000 in LBLOCK tokens. To get started, users only need to deposit a minimum of $1 or an equivalent of 5 LBLOCK tokens. Additionally, users who buy Lucky Block tokens worth $500 24 hours before the main draw are eligible for a free ticket.

This giveaway is not only exclusive to LBLOCK holders. Holders of the Lucky Block NFT, Platinum Rollers Club, have access to the platform’s NFT giveaway.

LBLOCK is now set to make its official debut on a centralised exchange. According to a recent announcement, LBLOCK will be listed on the LBank on July 25. This is following an upgrade of the V1 asset to V2 for CEX listings.

At press time, LBLOCK is trading at $0.000937, up 20.45% in the past week.

2. Polkadot (DOT)

Polkadot runs on a sharded technology that allows decentralised applications (dApps) to tap into its security mechanism through its Relay Chain architecture. These dApps vie for a parachain slot through an auction and are able to build their solutions in the Polkadot ecosystem.

DOT Price ChartPolkadot’s mission has been to create a heterogeneous blockchain that is interoperable with other base layer networks, scalable, cost-efficient, and energy effective. The protocol, still under development, has continued to dazzle investors. Its token, DOT, is one of the most popular Web3 crypto to buy as the crypto winter wraps up.

Polkadot’s parachain auction is still ongoing, and the protocol has welcomed another new member to its team. According to a recent announcement, the universal cross-chain messaging platform, Dawinia Network, has secured the 21st parachain slot on the interoperable network.

DOT is currently trading at $7.02, up 3.68% in the last week.

3. Chainlink (LINK)

Based on the Ethereum network, Chainlink offers one of our picks for the Web3 crypto to buy. The platform is widely known for the decentralised oracle services it provides. Chainlink is a blockchain abstraction layer that connects smart contract networks. The platform allows blockchain protocols to receive verifiable external data fees, payments, and events from off-chain information beds.

LINK Price ChartChainlink has become a principal player in the blockchain ecosystem due to the siloed nature of the crypto industry. The platform ensures that all off-chain information required by a blockchain protocol are verifiably correct.

Its VRF service has become a much-coveted software as it ensures that randomness is achieved. In a recent announcement, Chainlink announced an integration with MoonDAO. The VRF architecture will allow the platform to randomly select the winning NFT user who will visit space on board the Blue Origin rocket.

Chainlink has also enjoyed substantive network integrations, with 7 million plus randomness requests fulfilled, 185 million on-chain calls sorted, and 3 billion plus data points reached.

At press time, LINK is trading at $6.37, up 5.8% in the past week.

4. Filecoin (FIL)

In the decentralised storage ecosystem, Filecoin is the go-to protocol for autonomous storage service. The platform’s token makes our web3 crypto to buy list due to its strong industry relevance.

FIL Price ChartSeeking to store humanity’s most vital information, Filecoin is a peer-to-peer storage network. Users can easily forward files and have them distributed to different storage providers on the Filecoin network.

Filecoin has continued to break new grounds in adoption and integration. Recently, Filecoin navigated into the Brave ecosystem. According to a July 6 announcement, users of the Brave browser and wallet will now be able to receive FIL token directly.

At press time, FIL is trading at $5.6, up 4.6% in the last week.

5. Audius (AUDIO)

Audius, a crypto-focused music streaming platform, offers the final coin on our web3 crypto to buy list. Based on the Solana network, Audius aims to address the inefficiencies in the traditional music industry by allowing more artists to connect directly with their audience.

AUDIO Price ChartArtists can upload, store, and distribute content and have their fans listen for free. Audius has continued raking up integrations. Recently, the music-streaming platform partnered with top NFT collectible OkayBears.

At press time, AUDIO is trading at $0.34, up 3.18% in the past week.

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