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5 Cryptocurrencies with Intriguing Long-Term Potential

By reading the article “5 Cryptocurrencies with Intriguing Long-Term Potential” published in Adaas Investment Magazine, you will get acquainted with those tokens and coins which have enough positive competitive advantages to win the race. This level of familiarity can be enough for you to invest in the cryptocurrency market.

This is not an investment suggestion!
We do not persuade anyone to invest or not invest in any asset.

Cryptocurrencies with Long-Term Potential

When considering the future of cryptocurrencies, it’s common practice to look to the likes of Ethereum for its potential to evolve and gain value, or the meme coin Dogecoin (DOGE) simply because it has a cult-like following that occasionally spikes its price. Rather than just watching the indices of the most attention-grabbing cryptos, however, it can sometimes be more interesting to look for potential in cryptos that aren’t discussed as frequently.

Here are five examples that are worth some of that attention.

5 Cryptocurrencies with Intriguing Long-Term Potential

1- Sand (SAND)

While big companies like EA and Ubisoft try to work out how to incorporate cryptocurrencies into their strategies, others have already figured it out. Sand is the in-game currency of the Sandbox, an online “metaverse” world somewhat similar to Minecraft. The major difference is that players can buy land and other assets. In-game currencies are nothing new in already-successful games, but the use of cryptocurrency is something of an evolution, and major partners have flocked to the idea, causing prices to rise. Sand looks to have the inside track on this change in the gaming world.


2- Chiliz (CHZ)

Cryptocurrency-loving sports fans rejoice! This is the cryptocurrency that is driving the budding concept of fan tokens in the sports world. The idea is simple: Fans purchase Chiliz with their own currency, and then use that Chiliz to purchase tokens put out by their favorite teams. Once you have fan tokens for one of the teams officially participating — among them NBA and NFL teams, esports groups, and major international soccer clubs — you can use them in all sorts of interactive ways such as to access official polls and exclusive competitions. Think of it as a kind of new generation of club membership. It’s an idea that’s catching on quickly, and the sheer size of the sports industry –– and the number of teams already interested –– makes Chiliz another one to keep an eye on.


3- Polkadot (DOT)

With Bitcoin and other cryptos under scrutiny for the energy consumption required for the proof-of-work (PoW) consensus used to mine them, many have looked to alternative cryptographic underpinnings. Enter Polkadot, already with one of the bigger market caps in the crypto space. Like Ethereum, Polkadot is really a network on which currencies and other software running their “parachain” blockchains can operate and even connect to Bitcoin or Ethereum. Polkadot is one of a more efficient generation of proof-of-stake (PoS) technologies, and the role of DOT tokens is substantial in it. DOT is integral to governance (holders are involved in key decisions) and network operation, and is fundamental to how parachains are created and removed –– making it a fascinating cryptocurrency to watch.

4- Electroneum (ETN)

One of a crop of mobile-based platforms, Electroneum moved from being based on the Monero (XMR) codebase to a proof-of-responsibility (PoR) blockchain in 2019. Like Polkadot, PoR is vastly more efficient than most mainstream cryptocurrencies, to the point that it can be mined on a phone (rather than one of the complex, demanding systems required in so much of crypto mining). This also enables the carefully picked transparent NGOs who are allowed to mine ETN (that carefully selection giving PoR its name) to do so without the need for a computer, bank account, or Paypal. Electroneum has also gained attention of late for being accepted as a medium of exchange for Playstation Network vouchers, boosting potential transaction volumes.

5- Chainlink (LINK)

This one is pretty hot at the time of this writing, thanks to “whales” (big investors) buying into it as the market recovers from an early-2022 dip. Built on the Ethereum network (like SAND), Chainlink emphasizes reliability and what it calls “tamper-proof inputs and outputs,” making it attractive for decentralized finance (“DeFi”) applications and potentially the next generation of the internet.

Crypto is a very fast-paced and noisy market, but there are a number of more serious projects attracting attention nowadays, often attached to major industries or established crypto developers. These are just five of many, but they certainly bear keeping an eye on.


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