Inventory Of High-quality Web3 Projects With Unreleased Tokens In 2023

Many high-performance Web3 projects for the next cycle have not yet been released. These projects have the potential to reach 50-100 times in the next bull market. Here are the 13 most anticipated unreleased projects. In this article, we’ll break down unreleased Layer 1, Layer 2, interoperability protocols, and dApps.

Layer 1

Sui Network

Sui is a high-performance L1 that uses the Move programming language.

It was founded by ex-FaceBook engineers who worked on the now-defunct Diem project.

Some consider it superior to its Aptos counterpart – which also uses Move.

Move’s strengths (memory, test speed, expressiveness) make it a compelling language compared to other languages like Solidity.

Sui’s high throughput + low latency is its main selling point.

Sei Network

Built on Cosmos, Sei is the first industry-specific L1 blockchain dedicated to transactions to “give an unfair advantage to exchanges.”

It is the first order-focused L1 blockchain designed to be faster and more reliable than other types of blockchains.

The blockchain is built on 5 key pillars.

1. Local order matching engine
2. Twin-turbo consensus (improved throughput and latency).
3. Breakthrough tendermint (~600ms to final result)
4. Market-based parallelization
5. Frontier protection

Sei’s goal is to become a “decentralized Nasdaq,” allowing smart contracts to access shared liquidity.

CelestiaOrg

Celestia is a modular network that enables anyone to easily deploy their own blockchain with minimal overhead.

Celestia’s modular approach enables it to:

• Simultaneously provide consensus and data availability
• Allow sovereign roll up

Fuel

Fuel. Labs is building Fuel, “the world’s fastest modular execution layer.”

Modularity allows the execution layer to leverage Ethereum’s security without the constraints of the EVM.

Transactions are executed on their virtual machine FuelVM.

Fuel can be implemented simultaneously with Ethereum and Celestia.

As stated in their white paper: “As a modular execution layer, Fuel can function in any of these categories. Developers can configure Fuel as needed by switching some modules on the client side”.

Quai Network

Quai Network is a Layer 1 blockchain network utilizing a novel combination of merged mining and sharding.

It is a proof-of-work network organized by multiple chains in a hierarchical “pyramid” structure.

A major benefit of Quai is the ease of building bridges between chains.

This is due to its merged mining structure allowing for cross-chain contracts and asset transfers.

There are 5 testnets launching before the mainnet (so there may be airdrops) and many adoption rewards.

Layer 2

zkSync

It’s clear that ZK is the future of scaling Ethereum, and zkSync is at the forefront of this innovation.

Their full mainnet hasn’t even launched yet, but the ecosystem is already huge.

zkSync solves 3 key problems of Ethereum by providing the following:

• Much lower gas costs
• Enhanced scalability
• User-first wallet and dApp powered by zkSync.

StarkWare

StarkWare is a secondary scaling solution that utilizes STARK proofs to reduce the amount of information sent to the Ethereum blockchain, alleviating blockchain congestion.

SnarkNet, like zkSync, leverages ZK-Rollup technology to achieve this.

Arbitrum

Arbitrum has grown tremendously in recent months, reaching a TVL of over $1 billion.

Like Optimism, Arbitrum is also launched by Optimistic.

Their token launch is imminent and is one of the most anticipated token offerings in cryptocurrency.

Hermez

Polygon recently acquired Hermez, a ZK roll-up scaling solution.

They merged the network ahead of Polygon’s zkEVM mainnet launch.

MATIC token will be the main beneficiary.

Interoperability

LayerZero Labs

LayerZero is an interoperability protocol designed to connect multiple chains.

This enables it to:

• Seamlessly connect assets on multiple chains
• Enable cross-chain composability and functionality

To do this, it uses oracles and relays to transfer information from chain A to chain B.

This is in contrast to using a single “intermediate” network to relay messages (which is less secure).

Think of it as the ultimate interoperability layer (which I’m pretty bullish on).

The LayerZero token (rumored to be ZRO) may launch sometime in the near future.

ZetaChain

ZetaChain is an L1 built for universal chain interoperability.

It can realize the information transfer between the omnipotent chain, general smart contract and any blockchain.

Developers of existing dApps can adapt the code base to create new multi-chain DeFi products.

Zetachain makes multi-chain dApps as easy as single-chain dApps.

After a successful testnet launch, their mainnet is expected to launch soon.

Other projects

Quadrata Network

Quadrata allows you to do on-chain KYC without publicly revealing your identity.

There is a gap in the market when it comes to effective on-chain identification, and Quadrata’s passport could be a much-needed solution.

Drift Protocol

Drift is a perpetual DEX built on Solana that uses a hybrid decentralized limit order model.

This is an exciting new DEX you can look forward to.

They have confirmed that a token will be released soon.

How to profit from these projects

Since these projects don’t have tokens yet, you can’t buy them on the open market. You got in early enough. This is a good thing. Here are some ways you can get involved (the best method depends on each project).

1. Airdrop

Some projects will airdrop tokens at launch, as we have seen with APT, OP, UNI, etc.

This usually involves testnet participation and ecological interaction.

2. Invest in the ecosystem/related protocols

Projects are never conducted in isolation. There are always related agreements that are indirect beneficiaries of a certain narrative’s success.

These projects may be in the same ecosystem or in related ecosystems in similar niches.

3. Invest in ICOs

Typically, pre-sale rounds are reserved for venture capital firms, funds, strategic partners, friends, etc.

But some tokens do have an open round or giveaway tokens.

If you like an upcoming project, make sure you follow them and join the discussion to stay updated.

4. Trading after the token launch

This is the most obvious method.

But before investing, make sure:

• Token Economics for Extensive Research Projects
• Don’t jump in blindly on day one (let prices stabilize)
• Consider valuation (a good project is not necessarily a good buy)

Conclusion

These projects continue to be in great demand and might have a quick recovery once this bearish phase is over, despite the fact that the cryptocurrency market is clearly a tumultuous area right now. The overall market capitalization of all cryptoassets has risen back above $1 trillion, signaling a possible market rebound.

With the launch of tokens, the above projects promise to explode in 2023 and return to Web3, which has been delayed after a quiet year. However, it is not certain that their roadmap can develop in this direction, we still have to wait for the next updates to capture specific information.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Harold

Coincu News