Within the crypto industry’s rise and fall throughout the years is the living promise of decentralizing some of the most critical aspects of society. The current crypto bear market is a manifestation of the need for individuals to find anything practically valuable for the technology.
One can look at the ongoing “winter” of crypto as a warning, but some are seeing opportunities to invest in projects that have the potential to revolutionize industries. The noise that cryptocurrency creates is disproportionate to its adoption since no more than 5% of the population holds a coin or a non-fungible token. The future of the crypto industry is still huge, and its potential is highly promising.
Here are 5 crypto startups to watch out for in 2023 and beyond:
VIM Co. Ltd
Virtual influencers are computer-generated, digital characters made with graphic design tools. As of 2018, the size of the virtual influencer market is around $4.6 billion, but it is expected to grow with a compound annual growth rate of more than 26%, close to that of major industries like retail and software. Recent studies found that 58% of the respondents follow at least one virtual influencer, while 35% have bought a product or service promoted by one.
The Create 2 Earn (C2E) platform of VIM Co. Ltd. allows fans to support virtual influencers. Potential clients of VIM include numerous virtual human production companies, and agreements with them may enable bigger incentives for VIM members. Participants in VIM will eventually be able to acquire VIZ TOKENS through several activities.
Dash2Trade
D2T, Dash2Trade’s native coin, attracted $500,000 in investment in just 24 hours and has since climbed to approximately $7.5 million, with no signs of stopping down.
Dash2Trade is a crypto analytics and social trading platform that helps investors make informed decisions. Features of Dash2Trade include trading signals that provide buy/sell opportunities in the market, social sentiment and on-chain analysis to spot trending coins, strategy builder and social trading tools that make trading and adopting new strategies easier, bespoke scoring system to participate in crypto presales, crypto listing alerts to benefit from new listing announcements, and trading competitions for subscribers.
IMPT
The IMPT cryptocurrency project aims to address climate change, one of the most destructive problems of the 21st century. The project attracted a lot of interest during its presale, raising more than $13.5 million.
IMPT has partnered with over 10,000 brands and organizations – including Samsung, LEGO, and Microsoft – to help ease the climate crisis.
Immutable X
The Immutable X platform is powered by the Ethereum token known as IMX. This scaling approach for NFTs attempts to make transactions almost instant and gas-fee-free.
IMX tokens can be used on the Immutable X platform for stakes, transaction fees, and voting on the protocol’s future.
Oryen
Oryen seeks to simplify complicated staking products as much as feasible. Both newcomers to cryptocurrency and seasoned investors can benefit from Oryen’s streamlined staking process and earn a fixed guaranteed income as soon as they have the native token ORY in their wallets.
Conclusion
These five crypto startups can potentially change the game for businesses across all industries and how people think about the world. With their innovative ideas and cutting-edge technology, these startups are sure to shape the future of cryptocurrency and the industries they are disrupting.
