What are the new cryptocurrencies that could explode before the end of the year?
At the end of 2022, some projects are profitable regardless of how the crypto market performs. Investing in 3 specific project ideas today helps you see the potential for even more projects than usual.
Environment related projects
In today's world, ecological issues are one of the most important issues facing the planet. Many younger generations see them as their main concern and worry. A 2020 study by the French Environment and Energy Management Agency, aka ADEME, found that unemployment is well ahead of the curve. This was revealed by CREDOC, a private company, on behalf of ADEME.
The Ethereum blockchain recently transitioned from a proof-of-work system to a proof-of-stake system. This protocol change has significantly reduced the carbon footprint of the Ethereum blockchain while placating many followers in the crypto world. Colossal estimates suggest a 99.98% decrease in carbon consumption.
Environment related projects
In today's world, ecological issues are one of the most important issues facing the planet. Many younger generations see them as their main concern and worry. A 2020 study by the French Environment and Energy Management Agency, aka ADEME, found that unemployment is well ahead of the curve. This was revealed by CREDOC, a private company, on behalf of ADEME.
Some projects try to create a balance in the ecology. A notable example is the IMPT, which aims to connect businesses, consumers and the environment through healthy ecosystems. This is accomplished through businesses and consumers buying from each other in a circular fashion.
The IMPT movement encourages people to connect with big companies like Apple, Microsoft and Hugo Boss. These companies undertake to offset the carbon footprint of certain products by donating a portion of their sales to improving the carbon footprint. At the time of writing, over 10,000 brands have partnered with IMPT.
The project backers are hoping to raise over $10 million in the first phase of their token sale, which is currently underway. At the time of writing, $3.3 million has been raised to reach the goal in less than two months. This rate of progress should be maintained until November 25, the date initially scheduled for the completion of the project.
Before investing in IMPT, make sure you buy it through a presale platform. This makes it possible to avoid greenwashing, which consists of presenting a project as environmentally conscious when it is not.
Useful memes in real life rather than online.
Dogecoin users like to use the project because it offers real entertainment. Most other meme projects like this were created based on their supposed uselessness.
The Tamagoge project offers users the ability to breed virtual creatures. These creatures are represented as non-fungible tokens in the project market. This market also allows users to buy food and other accessories for their creatures. The project aims to improve the creature's starting abilities as well as its growth. This can be achieved by fighting other users' creatures in battle.
The TAMA token provides essential functionality in the ecosystem and can be used to buy new accessories or improve the characteristics of its creature. It can also be earned by users inside the game. As a result, Tamadoge wants to create its own metaverse – the Tamaverse – and continue developing the TAMA token. The TamaOge token presale brought investors $19 million in two months. This money is used to fund the project's competitive gaming ecosystem. Many other projects that have garnered huge amounts of funding in short timeframes have also been featured here.
Combine many different concepts in one project.
As a layer 1 blockchain, Ethereum is superior to any other project for launching and developing projects on top of it. Blockchain also excels in the NFT segment with its smart contract features.
Some other projects combine multiple themes, such as Battle Infinity. This game uses the Sorare platform, property of its project leaders. By creating a Fantasy League type game, these leaders used the codes of their platform. In fact, they sold players as NFTs for development. Unlike Sorare, Battle Infinity focuses on basketball and other sports rather than soccer. Their performance in these activities determines the ranking between each user.
The project's Fantasy League is multifaceted as it exists in a metaverse specifically designed for the project. This allows players to compete in a virtual world separate from the main game. Before becoming available on exchanges, the project gained popularity through an initial coin offering. This led to high demand when the token was released for exchange trading. Therefore, early investors could make huge profits with minimal effort.