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5 upcoming crypto tokens in Q1’22

  • Decentraland (MANA)

The token is a virtual reality platform that runs on the Ethereum blockchain and allows users to create, experience, and sell content and apps. “Users acquire many pieces of land in this virtual world, which they may then travel, develop on, and monetize. On the Decentraland marketplace, MANA tokens can be used to purchase a variety of avatars, wearables, names, and other items. This is a lovely token that will be treasured in the future “TP Global FX’s Global CEO, Nitish Sharma, stated.

  • WorldCoin (WDC)

Some of the greatest names in the crypto world have backed this token, including Coinbase, Digital Currency Group, a16z, and others. Sam Altman, a Silicon Valley veteran and former Y-Combinator CEO, is leading the project. Individual authentication is embedded into the token management via retina scans, therefore it has real-world applications like banking and payments, according to Suman Bannerjee, Co-Founder & CIO, Hedonova. The project is now doing pilot tests in Chile and Nigeria, and will provide everyone with a free token to encourage distribution, he said.

  • Algorand (ALGO)

Algorand is a permission-less, open-source blockchain network that anybody may build on. It was launched in June 2019 by computer scientist and MIT professor Silvio Micali. Nitish Sharma, Global CEO, TP Global FX, said Algorand is designed to be a payment-focused network with rapid transactions and a strong focus on achieving near-instant finality — that is, processing over 1,000 transactions per second (TPS) and achieving transaction finality in less than five seconds — while recommending the token.

  • The Sandbox (SAND)

Users can design bespoke NFTs for game assets such as skins, swords, and other virtual objects using Sandbox. One of the ecosystem’s currencies, LAND, is gaining popularity in the gaming community as proof of concept for digital real estate in the metaverse.

  • Connect Finance

Connect Finance is now working on creating a unified area that will bring the cryptocurrency market together with the main traditional markets, such as Forex, Real Estate, and Commodities. “The developed mechanism allows Connect Finance customers to trade value within the ecosystem without the use of any third-party payment instruments,” said Nitish Sharma, Global CEO, TP Global FX, who recommended the token.