At the beginning of 2020, it is the best time to take a look at the crypto projects which impressed the crypto market. There are many interesting projects, but this time let’s focus on five crypto projects.
It is no easy task to pick the best of the best. However, it is worth trying to describe some of the innovative crypto projects of 2019.
The first such project is called LiduidApps. This year, the EOS scaling project emerged out of nowhere and it was able to captivate the attention of gamers. The main factor why this project became successful relates to DAPP Network. This network demonstrated that it is possible to provision off-chain/sidechain scaling without compromising on decentralization.
Thanks to DAPP Network’s vRAM, EOS developers have the opportunity to access cheap virtual storage. It means that they don’t have to pay a huge sum of money to scale their decentralized applications.
Interesting crypto projects
Let’s move to the other four crypto projects. Another interesting project is the Remme. Distributed Public Key Infrastructure (PKI) project Remme’s team decided to transition to the EOSIO codebase. As a result, they created their testnet.
Moreover, Remme also succeeded in onboarding hundreds of enterprises to Keyhub. It is an all-in-one platform for managing SSL/TLS certificates.
The next exciting crypto project is the Matic Network. Ethereum remains mired in ETH problems, Matic emerged as a truly scalable and production-ready chain which can cope with challenges.
It is worth mentioning that dozens of crypto projects already announced their migration to Matic Network. Moreover, in 2020 more crypto projects are expected to make the same decision.
Chainlink is another successful crypto project. It became successful thanks to its approach when it comes to partnerships. Chainlink is utilizing the smart contract and oracle network for connecting off-chain dated feeds and guaranteeing the safety of inputs and outputs.
Last but not least, is the project Synthetix. This is the first project which used “synths” tokens to provide exposure to assets such as gold, TESLA stocks without liquidity limitations.