8 Best altcoins to watch and buy in 2022

Recently, the market has been sluggish, crossing the midpoint this year. However, despite recent bearish activity, there are some tokens worth adding to the list to check out in 2022. This article describes the eight best altcoins to watch and buy in 2022.

1. Battle Infinity- The world’s first NFT-based metaverse fantasy sports game
2. Lucky block- A game where fair and transparent luck depends.
3. Ethereum- World supercomputer
4. Tezos- Altcoin managed by a well-known community
5. ApeCoin- Altcoin behind the hottest NFT collection
6. Theta- A project dedicated to distributed video streaming
7. Uniswap- Automatic market maker decentralized exchange
8. Solana- The hottest PoS blockchain in 2022

1. Battle Infinity

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Battle Infinity Being the first NFT-based fantasy sports game integrated into the Metaverse, it will be at the top of the list of best altcoins to watch and buy in 2022.

Battle Infinity is a game platform with multiple Play-to-Earn (P2E) battle games integrated into the Metaverse called “Battle Arena”. In the arena, users control avatars, connect to the Metaverse, explore, interact, fight each other, and participate in events.

The entire Battle Infinity ecosystem consists of six different products.

• IBAT Premier League
• IBAT Battle Swap
• IBAT Battle Market
• IBAT battle game
• IBAT Battle Arena
• IBAT battle staking

The IBAT Premier League is Battle Infinity’s flagship product. This is an NFT-based fantasy league game where users can build strategic teams to fight and earn against each other. The entire team is scored on the player’s individual performance in the actual match, with the team with the highest score winning and being rewarded.

Users must purchase an NFT pass to participate in the match. This will provide a budget for forming a fantasy league team using real athletes.

Individual players are given scores based on their actual performance. In addition, Battle Infinity has developed a detailed points system for earning points in cricket, soccer, basketball and kabaddi.

Points will be awarded to players who have achieved certain performance markers in the actual match. For example, in soccer, the striker scores 8 points against the goal. In addition, 2.5 points will be awarded for each shot of the target. Other factors that contribute to points are play time, assists, and clean seats. In addition, if the player is a captain or deputy captain, there is a point multiplier. Live match data is sent to the ecosystem using the API to provide scoring information.

Players can access the platform through any browser or mobile device. However, users must connect their Battle Infinity account to a Web3 wallet such as MetaMask in order to work with Battle Infinity smart contracts.

In addition to the IBAT Premier League, Battle Infinity also has IBAT battle games. This is a multiplayer game store where users can play NFT-based Play-to-Earn games to earn another source of income. Game developers can also make money by launching games here and monetizing traffic.

IBAT Battle Swap is a dex that acts as a bank of platforms. This allows users to exchange IBAT token rewards for other ciphers. In addition, users can trade NFTs on the IBAT Battle Market, where they can mint and sell their artwork.

Battle Infinity is currently hosting a pre-sale where you can buy IBAT tokens. The pre-sale has a hard cap of 16,500 BNB and will run until October 10, 2022.

Overall, Battle Infinity is arguably the top cryptocurrency to watch in 2022. This is because it is a new platform that brings the popular fantasy league games to the Metaverse for the first time.

2.2.
Lucky block

Lucky Block is a blockchain-based crypto gaming platform that provides fair, transparent and decentralized daily competition. This is a play-to-earn blockchain-based gaming platform that offers jackpot lottery and daily competition.

The project, launched on Binance Smart Chain in early 2022, has generated four-digit returns for pre-sale investors. In fact, Lucky Block was the fastest cryptocurrency with a market capitalization of US $ 1 billion.

LBLOCK is a project token that allows users to buy tickets and daily lottery.

Initially, LBLOCK was launched on Binance Smart Chain and imposed a transaction tax on sales. However, the project recently upgraded the protocol and released LBLOCK v2 to move Lucky Blocks to the ERC-20 model.

LBLOCK V2 is more accessible to day traders as there are no taxes on trading transactions. Previously, traders had to donate a portion of their profits to transaction taxes, which was not desirable as a place for day trading.

The upgrade to the ERC-20 model and the elimination of taxes have also made it possible to list on two major exchanges. It will be listed on LBank on July 25th and on MEXC on August 1st.

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3.3.
Ethereum

Ethereum is another top 10 ranked project worth seeing and buying in 2022. Ethereum is the industry’s most popular smart contract platform aimed at becoming an internet supercomputer.

Ethereum is home to the most widely used DeFi apps such as AAVE and Uniswap, and is also the number one blockchain for building NFTs on top. Given its widespread usefulness, it’s no wonder investors believe that Ethereum will continue to grow as the industry gains momentum.

One of the main reasons Ethereum is on this list is the following basic driver that modifies the entire blockchain. Ethereum plans to hold a “merge” event at some point towards the end of August 2022.

At Merge, Ethereum’s blockchain will move from Proof of Work (PoW) energy-intensive mining algorithms to Proof of Stake (PoS) more environmentally friendly alternative algorithms.

The move to PoS is a major upgrade to network scalability and is also expected to increase network sustainability. Currently, Ethereum can only process 25 transactions per second, so transaction fees can skyrocket during periods of high demand. With the move to PoS, networks should be able to achieve much higher throughput while keeping prices low.

Another basic aspect of monitoring Ethereum is the next difficulty bomb, designed to force miners to support a network shift to PoS. One that exploded is that the difficulty bomb makes it very difficult for miners to maintain profits on Ethereum PoW and forces them to start supporting PoS networks.

4.4.
Tezos

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Tezos is an energy efficient PoS blockchain with the ability to perform network upgrades without the need for hard forks. Project Kick launched the ICO revolution in 2017 after raising well over $ 200 million.

The network is managed by the owners of the XTZ tokens who vote for suggestions for improving the on-chain voting mechanism.

Tezos creates this list for the attention-grabbing partnerships they have managed to secure. For example, Tezos was able to sign a US $ 27 million multi-year contract to become Manchester United’s official kit sponsor. He also became the official blockchain partner of the New York Mets in May 2021.

In May 2022, Tezos upgraded a tenth protocol upgrade called Jakarta. This introduces a transaction optimistic rollup that allows you to exchange assets and increase the number of transactions per second using a Layer 2 scaling solution.


5.5.
ApeCoin

ApeCoin is one of the latest projects on this list and was launched in March 2022. ApeCoin is the cryptocurrency behind Bored Ape Yacht Club (BAYC), one of the hottest and most expensive NFT collections in the cryptocurrency industry.

When BAYC was launched, it gained the support of a wide range of leading celebrities such as Mark Cuban, Jimmy Fallon, Neymar Jr. and Serena Williams. As a result, NFTs have begun to tend to become the most popular NFTs in the game.

ApeCoin is the utility token behind the project and is expected to be the transaction method for the entire BAYC ecosystem.

6.6.
Theta

Theta is the cryptocurrency behind peer-to-peer video streaming platforms that seek to decentralize video on demand.

Over the network, users share extra computing resources and spare bandwidth resources to enable content to be delivered to viewers on the platform. As a result, Theta created the first Distributed Streaming Network (DSN).

Founded in 2018, Theta provides content creators with a means to fully own the revenue generated from their content.

At the heart of Theta is ThetaEdgeCast, an app used by content creators. EdgeCast can capture video directly, transcode it in real time, and then cache it to users around the world in a fully decentralized way.

Theta is certainly a noteworthy coin in 2022 with the next Mainnet 4.0 release called Metachain. The metachain consists of one mainchain with an unlimited number of sidechains to enhance the Web3 business and enable efficient horizontal scaling of the blockchain.

The introduction of the subchain will increase the usefulness and demand of THETA as developers will need tokens as collateral for the subchain.

7.
Uniswap

Uniswap is one of the hottest DefidApps on the Ethereum blockchain. This is a decentralized exchange service that allows users to easily exchange ERC-20 tokens.

Strictly speaking, this service is described as an automated market maker (AMM) that uses algorithms to price tokens. Liquidity is provided by users of the platform depositing funds in a pool divided into 50/50 between Ethereum and native tokens.

For example, a user can create a THETA / ETH pool by depositing the same amount of THETA and ETH. Liquidity allows traders to exchange tokens and liquidity providers to profit from the fees generated by the exchange.

Since its launch in 2018, Uniswap has changed the entire industry after providing a decentralized way of exchanging tokens without the required KYC checks used in top-notch crypto exchange.

Uniswap should be on the notable list in 2022 after announcing the acquisition of Genie, an NFT marketplace aggregator that will be integrated into the Uniswap ecosystem.

8.8.
Solana

Solana is a blockchain created to scale for global adoption. It is a proof of stake blockchain launched in 2017 and claims to reach some of the highest network throughputs in the industry.

In fact, the team claims that Solana’s maximum transaction / second (TPS) rate is up to 65,000 TPS. By comparison, Bitcoin can only process 7 TPS and Ethereum can only process 25 TPS.

Solana not only provides a highly efficient network, but continues to innovate this year with the launch of a new Android smartphone called Saga. With a Snapdragon processor and a 6.67-inch OLED display, smartphones are powerful devices comparable to today’s top mobile phones.

The great thing about Saga is that it’s a phone with a blockchain. That is, the blockchain is already integrated into the handset. In addition, Solana Labs has chosen to include a “Secure Element” tool in the handset to provide secure private key management software for the device.

Despite the market downturn, all altcoins on this list are projects to monitor and buy a significant decline in 2022.

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