Search Inside Bitcoins

Top 5 Eco Friendly Cryptocurrencies to Buy and Hold in 2023

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Top 5 Eco-friendly Crypto to Buy and Hold
Top 5 Eco-friendly Crypto to Buy and Hold

Join Our Telegram channel to stay up to date on breaking news coverage

Eco-friendly crypto are likely to become more well-known as a result of people being more aware of the need to lessen our impact on the environment. The most ecologically friendly crypto ventures we’ve analyzed below are all aimed at bringing together attractive investment opportunities with a green objective.

Hedera Hashgraph

The objective of the Hedera Hashgraph project is to build a scalable platform for asset transactions and decentralized applications (DApps). Hedera Hashgraph employs the proprietary hashgraph technology rather than a blockchain architecture.

More than thirty organizations with highly regarded histories oversee the network. Its system, according to the initiative, can handle more than 100,000 transactions per second.

The HBAR token, which users must purchase in order to use the network’s services, powers the platform. The most distinctive feature of Hedera Hashgraph is that, compared to other distributed ledgers, it is built on the hashgraph technology rather than a blockchain architecture.

Transactions on Hedera Hashgraph are executed in a matter of seconds and incur just small fees, which are typically less than $0.01. As a result, it is quite difficult for the network to become congested.

Power Ledger

Power Ledger is a blockchain-based energy marketplace that enables people and companies to sell excess renewable energy that is linked to already-established electricity distribution networks.

However, Power Ledger offers much more than just that. It aims to give communities the tools they need to design and build durable, affordable, carbon-free, and community-owned power systems.

With an automated, trustless reconciliation and settlement system, the Australian initiative seeks to promote peer-to-peer trade. The platform has a wide range of applications, and POWR is the token that makes trading possible.

The Power Ledger platform has enormous potential given that distributed energy generation is rapidly gaining popularity as a mechanism to coordinate humankind’s energy production and consumption.

See the complete list of the best eco-friendly crypto to buy and hold in the video above, and subscribe to his YouTube channel for more potential crypto insights.

C+Charge

C+Charge‘s revolutionary peer-to-peer payment mechanism and rewards program, both powered by blockchain technology, are poised to revolutionize the EV charging industry. Owners of electric vehicles will be able to locate and access charging stations quickly and securely.

They will also be able to use the platform to earn carbon credit cryptocurrency as a reward, which should promote the expansion of the EV industry. Owners of electric vehicles will find C+Charge useful for finding charging stations, monitoring their charging sessions, and authenticating them.

Additionally, it simplifies the payment process by giving users access to an on-chain wallet where they can use the CCHG token to pay for charging their vehicles. When CCHG is used to make payments, units are taken out of circulation, acting as a deflationary token.

Holders of CCHG can receive rewards in the form of carbon credits, which they can keep, sell, or trade. Customers also have access to the C+Charge mobile app, which offers real-time information on things like accessible charging stations and even CCHG and carbon credit balances.

With over $2.8 million raised, the CCHG coin is currently in its sixth presale round. A weekly burn of unsold tokens will be included in this phase, and it should activate the asset’s deflationary tokenomic mechanism.

Related

Join Our Telegram channel to stay up to date on breaking news coverage

Read next