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Hello buddies! Today I want to share with you my opinion on the Web 3.0 cryptocurrencies that I think will hit hard in 2024. But be careful, don't believe everything I tell you, this is not financial advice!
The truth is that Web 3.0 sounds very nice in theory, but in practice there is still a long way to go. The idea that we are going to own our data... ha, we will see if the big tech companies allow it so easily.
In short, let's get to the point. These are the projects that seem most interesting to me, although none of them fully convince me:
1. Helium (HNT): The idea of creating a decentralized IoT network sounds great, but is there really demand for this?
2. Ethereum (ETH): The grandfather of blockchains remains relevant, but it is facing increasing competition.
3. Dash 2 Trade (D2T): Analysis tools for traders... meh, there are already a thousand similar options.
4. Chainlink (LINK): Oracles are important, but I don't know if it deserves that much hype.
5. Filecoin (FIL): Decentralized storage, interesting but very niche.
6. Theta (THETA): Streaming P2P, sounds good but competes with established giants.
7. Polkadot (DOT): Interoperability is key, but the project is progressing slowly.
8. Solana (SOL): Fast and cheap, but with centralization issues and outages.
9. Siacoin (SC): Another decentralized storage, market is already saturated.
10. Basic Attention Token (BAT): Blockchain advertising is yet to take off.
In summary, there are interesting ideas but none seem like the panacea to me. Web 3.0 is still more hype than reality for now. I would invest very cautiously in this highly volatile sector. What do you all think? Do you believe any of these projects will really revolutionize the internet?