Recently, the mid-point of the year was crossed, and the market is in a downtrend. However, despite the recent bearish activity, there are still a handful of tokens worth putting on your list to checkout in 2022. This article will cover the 8 best altcoins to watch and buy in 2022.

1. Battle Infinity – The world’s first NFT-based Metaverse fantasy sports game
2. Lucky Block – A fair and transparent game of chance.
3. Ethereum – world’s supercomputer
4. Tezos – A High-Profile Community-Governed Altcoin
5. Apcoin – The altcoins behind the hottest NFT collections
6. theta – A project dedicated to decentralized video streaming
7. Uniswap – An automated market maker decentralized exchange
8. Solana – Hottest PoS Blockchain in 2022

1. Battle Infinity

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Battle Infinity Tops the list of best altcoins to watch and buy in 2022 as it is the first NFT-based fantasy sports game integrated into the metaverse.

Battle Infinity is a gaming platform with multiple play-to-earn (P2E) battle games integrated into its metaverse called ‘The Battle Arena’. In the arena, users control their avatars and plug in the metaverse, battle against each other to explore, socialize, and participate in events.

The entire Battle Infinity ecosystem consists of six different products;

• IBAT Premier League
• different battle swap
• IBAT Battle Market
• IBAT Battle Games
• different battlefields
• different battle stakes

IBAT is the flagship product of Premier League Battle Infinity. It is an NFT-based fantasy league game that allows users to fight each other and build strategic teams to earn. The entire team scores on the player’s individual performance in real-world matches, and the team with the highest score wins and is rewarded.

Users need to purchase an NFT pass to enter matches, which gives them the budget to build their fantasy league team using real-life sports players.

Individual players are given a score based on their real-world performance. In addition, Battle Infinity has developed an in-depth point system to score points in cricket, football, basketball and kabaddi.

Points are awarded to players for achieving specific performance markers in real-world matches. For example, in football, 8 points are awarded to strikers for scoring goals. They are also awarded 2.5 points for each shot on target. Other factors that contribute to points are playing time, assists and clean sheets. Also, there are points multipliers if your player is the captain or vice-captain. Data from live matches is fed into the ecosystem using an API to provide scoring information.

Players can access the platform through any browser or mobile device. However, to interact with Battle Infinity smart contracts, users will need to connect their Battle Infinity accounts to any Web3 wallet, such as MetaMask.

In addition to iBAT Premier League, Battle Infinity also has IBAT Battle Games, a multiplayer game store where users can play NFT-based play-to-earn games for another source of income. Game developers can also launch their games here and earn from traffic.

IBAT Battle Swap is a Dex that acts as a bank for the platform. It allows users to swap IBAT token rewards for other cryptos. In addition, users can trade their NFTs on the IBAT Battle Market and create their own artwork there to sell.

Battle Infinity is currently hosting a presale where you can buy IBAT tokens. The presale has a hard cap of 16,500 BNB and is expected to last until October 10, 2022.

Overall, Battle Infinity is undoubtedly the top cryptocurrency to watch in 2022, as it is a new platform that brings the popular fantasy league game to the metaverse for the first time.

2.
lucky block

Lucky Block is a blockchain-based crypto gaming platform that offers fair, transparent and decentralized daily competitions. It is a play-to-earn blockchain-based gaming platform that offers jackpot draws and daily contests.

The project was launched on Binance Smart Chain in 2022 and delivered quadruple digit returns for pre-sale investors. In fact, Lucky Block was the fastest crypto to reach a USD 1 billion market cap.

LBLOCK is the project’s token that allows users to purchase tickets and daily prize draws.

Initially, LBLOCK was launched on Binance Smart Chain and levied transaction tax for purchases and sales. However, the project recently upgraded the protocol and released LBLOCK v2 to move Lucky Block to the ERC-20 model.

There are no taxes on buy or sell transactions in LBLOCK V2, making it more accessible to day traders. Previously, traders had to pay part of their profits to transaction taxes, making it an undesirable day trading place.

The upgrade to the ERC-20 model and the removal of taxes have also allowed it to be listed on the two major exchanges. It will be listed on LBank on 25 July and MEXC on 1 August.

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3.
Ethereum

Ethereum is another top-10 ranked project worth watching and buying in 2022. Ethereum is the industry’s most popular smart contract platform that aims to become the supercomputer of the Internet.

Ethereum is home to the most widely used DeFi apps, such as AAVE and Uniswap, and is also the number one blockchain for minting NFTs on top. Given its widespread utility, it should come as no surprise that investors believe that Ethereum will continue to grow as the industry picks up.

One of the main reasons Ethereum is on this list is the upcoming fundamental driver that will change the entire blockchain. Ethereum is set to undergo its ‘merge’ event at some point in late August 2022.

The merge will see the Ethereum blockchain move from energy-intensive mining algorithms in proof-of-work (PoW) to a more eco-friendly alternative to proof-of-stake (PoS).

The change to PoS is a major upgrade for the scalability of the network and is also expected to be more sustainable. Currently, Ethereum can only handle 25 transactions per second, leading to increased transaction fees during periods of high demand. With the change to PoS, the network should be able to achieve very high throughput while keeping fees low.

Another fundamental aspect to watch out for for Ethereum is the upcoming difficulty bomb, designed to force miners to support the network shift to PoS. Had one exploded, the difficulty bomb would make it extremely difficult for miners to remain profitable on Ethereum PoW, forcing them to start supporting the PoS network.

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Tezos is an energy-efficient PoS blockchain with the ability to upgrade networks without the need for hard forks. Project Kik started the ICO revolution in 2017 after raising over $200 million.

The network is governed by XTZ token holders, who vote on proposals to improve the on-chain voting mechanism.

Tezos makes this list due to the high-profile partnerships that they have managed to secure. For example, Tezos managed to sign a multi-year deal worth USD 27 million to be the official kit sponsor of Manchester United. It also became the official blockchain partner of the New York Mets in May 2021.

In May 2022, Tezos underwent a 10th protocol upgrade called Jakarta, which introduced the Transaction Optimistic Rollup, which allows the exchange of assets and higher transactions per second using a Layer 2 scaling solution.


5.
apcoin

ApeCoin is one of the latest projects on this list, having just launched in March 2022. ApeCoin is home to one of the hottest and most expensive NFT collections in the cryptocurrency industry, Bored Ape Yacht Club (BAYC).

When BAYC launched, it was supported by a wide range of top tier celebrities including Mark Cuban, Jimmy Fallon, Neymar Jr., and Serena Williams. As a result, NFTs started a trend of becoming the most sought after NFTs in the game.

ApeCoin is the utility token behind the project and is expected to be the transaction method throughout the BAYC ecosystem.

6.
theta

Theta is the cryptocurrency behind a peer-to-peer video streaming platform that seeks to decentralize video on demand.

Through the network, users share their additional computing and additional bandwidth resources to distribute content to audiences on the platform. As a result, Theta has created the first decentralized streaming network (DSN).

Founded in 2018, Theta provides an opportunity for content creators to fully own the revenue generated from their content.

At the heart of Theta is Theta Edgecast, the app that content creators use. Edgecast can directly capture video, transcode it in real time, and then cache it for users around the world in a completely decentralized manner.

Theta is definitely a coin to watch out for in 2022 with its upcoming Mainnet 4.0 release, called Metachain. Metachain will power Web3 businesses, and will have a main chain with an unlimited number of side chains to allow efficient horizontal scaling of the blockchain.

The introduction of the sub-chain will increase Theta’s utility and demand, as developers will need the tokens in the sub-chain as collateral.

7.
uniswap

Uniswap is one of the most popular DeFi dApps on the Ethereum blockchain. It is a decentralized exchange service that allows users to easily swap between ERC-20 tokens.

Strictly speaking, the service is described as an Automated Market Maker (AMM) that uses algorithms to price tokens. Liquidity is provided by users of the platform who deposit funds in a 50/50 split pool between Ethereum and the native token.

For example, users can create a Theta/ETH pool by depositing equal amounts of Theta and ETH. Liquidity allows traders to swap tokens, and liquidity providers earn from fees generated through the swap.

Since its launch in 2018, Uniswap has transformed the entire industry after providing a decentralized method to exchange tokens without the required KYC checks employed by top-tier crypto exchanges.

Uniswap should be on your list after the 2022 acquisition of Genie, an NFT marketplace aggregator to be integrated into the Uniswap ecosystem

8.
solana

Solana is a blockchain that was created to enable global adoption. It is a proof-of-stake blockchain that was launched in 2017, claiming to reach some of the highest network throughput within the industry.

In fact, the team claims that Solana has a maximum transaction per second (TPS) rate of up to 65,000 TPS. In comparison, Bitcoin can only handle 7 TPS, and Ethereum can only handle 25 TPS.

Along with providing a highly efficient network, Solana continues to innovate this year with the launch of its new Android smartphone called the Saga. The smartphone is a powerful device that can rival the top-end handsets today with its Snapdragon processor and its 6.67” OLED display.

The best part about the Saga is that it is a blockchain-powered phone, which means that the blockchain is already integrated into the handset. In addition, Solana Labs opted to include a ‘Secure Element’ tool in the handset to provide secure private key management software on the device.

Despite the market downturn, all the altcoins on this list are projects to watch and buy on any significant downside in 2022.

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