Top Blockchain Projects for 2023
When assessing the top blockchain projects, I would describe 2023 as the year when the "chaff will be separated from the wheat".
After a mixed fortune for blockchain in the fourth quarter of 2022, which saw many scam projects go under, 2023 will be the year of solid projects.
Projects with solid use cases will emerge in the blockchain industry. This article sheds light on the top 5 blockchain projects that have interesting use cases and are worth looking at in 2023.
Summary of top blockchain projects to look out for in 2023
Acurast enables the next wave of Web3 innovation by providing a multi-chain infrastructure that solves the Web3 problem of accessing verifiable, interoperable, and accessible off-chain data.
Acurast uses a trusted execution environment to increase security and lower the required trust in individuals, which leads to lower entry barriers for both data transmitters and developers. Acurast also provides a protocol-native, permissionless marketplace that links data transmitters and data consumers, ultimately enabling a data economy. The marketplace is directly linked to the protocol-native reputation system, furthering the ecosystem's security.
The gaming industry is rapidly growing, particularly in fantasy gaming. CoinFantasy is a high-quality, NFT-based fantasy gaming platform that offers a rich and refined game interface. Users can create private leagues, track real-time player results, and predict their favorite coins' outcomes to earn cryptocurrency. The platform offers multiple gaming options, including those that provide instant rewards for a thrilling experience.
This is one of the few high-performance computing projects to have achieved large-scale implementation in the blockchain industry. It has been utilized in a variety of applications, such as AI, blockchain, and visual rendering. Additionally, DeepBrainChain has made significant strides in improving usability and commercialization. More than 50 manufacturers worldwide have deployed high-performance GPU cloud platforms based on the network, serving hundreds of companies and tens of thousands of AI developers.
This is an open-world MMORPG game where players can own in-game assets in the form of NFTs, create new adventures and quests, and battle against other players. It is part of the Vulcan Forged ecosystem, which has a dual-token economy with PYR and LAVA tokens that players can earn through involvement in the ecosystem, upgrading Vulcanites and land NFTs in the game. Vulcan Forged also includes other games like Vulcan Runner and Agora, an NFT art platform that doesn't have gas costs or user complexities. Players can purchase virtual land and use in-game resources in VulcanVerse to further their gameplay experience.
This decentralized data exchange protocol allows individuals and organizations to securely and transparently share and monetize data.
Built on the Ethereum blockchain, Ocean Protocol provides a marketplace for data assets and AI models, enabling developers to access a wide range of data sources for training and testing machine learning models.
The platform uses a token-based system to incentivize data providers and ensure fair compensation for the use of data. By creating a secure and transparent data-sharing ecosystem, Ocean Protocol aims to enable better and more efficient data-driven decision-making in industries such as finance, healthcare, and energy. Overall, Ocean Protocol represents an innovative approach to data sharing that leverages the benefits of blockchain technology to create a more open and collaborative data economy.
If you look closer at the projects mentioned above, you'll notice they are mainly in the DataOracle, AI, and gaming niches. This shows the direction technology will likely take this year, especially with the CHATGPT emergence that has brought more attention to AI.
These projects are not the only ones that will likely peak this year, and this article is not an endorsement to invest in anyone of them. Always remember the number one rule in blockchain "DYOR" (do your own research).
Author: Boboye Adeyemi
Adeyemi is a content writer/marketer with a year of experience writing quality content for various clients & brands in the cryptocurrency, blockchain, and technology industries. Adeyemi has experience in social media management/marketing, email marketing & SEO services.