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August 28, 2022

Top 10 New Cryptocurrency Releases 2022 To Keep An Eye On

Many have taken the ride on the crypto roller-coaster this year. From NFTs to Web3 to staking and yield farming, the crypto ecosystem spins and evolves at a dizzying pace, with new protocols and assets constantly emerging. 

Equally vertigo-inducing are crypto prices, which seem to move large percentages — in both directions — at the speed of light.

Let’s talk about 10 crypto releases that experts say are worth keeping an eye on. 

The State of the Crypto Market in 2022

While crypto prices and overall global markets have dropped in recent months, the industry's underlying fundamentals remain strong. In addition, some say the market reached its all-time high in development and maturity. 

However, there's an adage in the crypto market, "During Crypto Winter, we build," and many industry veterans are taking this time to do just that.

Ember has its finger on the pulse of the ever-changing cryptocurrency landscape, and we are always looking for new, high-quality assets to add to our portfolios. Our team of experienced crypto investors and developers is devoted to thorough research to find the best projects to invest in. 

And given the state of crypto markets, it can be difficult — and daunting — to know where to put your money. So as industry leaders, we want to help provide some info on the newer crypto projects we believe have real potential. 

While no investment is risk-free, we believe these projects show promise, or at the very least, serve as innovative use cases for blockchain technology.

Price only tells half the story, and innovation continues to pour out of the industry. So, what should you be on the lookout for in the coming year? What new cryptocurrency releases are worth keeping an eye on in 2022? 

Ten New Cryptocurrency Releases in 2022

These crypto projects will launch their mainnets before 2022 ends, and each has the potential to shape the future of the crypto industry.

  1. WSI — WeSendit

  2. IBAT — Battle Infinity

  3. OME — O-MEE

  4. (Coin TBA) — Empiric Network

  5. DRU — Dorum

  6. BRIKN 

  7. SFIT — Sense4Fit

  8. GIG — GIGCO

  9. POSS — Posschain

  10. MMAP — MapMetrics

1. WSI — WeSendit

Data is stuck in the dark ages. Vulnerabilities in sending, storing, and sharing data lead to billions of dollars in damages yearly. Poor encryption, shakey authentication, and centralized data storage make it easy for bad actors to exploit our data. 

WeSendit seeks to fix that by giving users complete control over their data. WeSendit employs a unique file-sharing protocol using blockchain-based solutions to keep user data safe and secure. 

The WSI token is at the heart of their business model, buttressing security and providing users with up to a 60 percent discount on services.

From storage to transfer, WeSendit ensures user data remains private and under the control of its rightful owner. WeSendit seeks to disrupt the panoptic control that centralized data providers have over our information by leveraging decentralization and speed.

2. IBAT — Battle Infinity

NFT gaming, the metaverse, and other blockchain-based innovations are harbingers of a new era of gaming. The future of gaming will be more social, more engaging, and more exciting than ever before. Not only will gaming be a fun way to spend your time, but it can also be a great way to make money. 

Play-to-Earn (P2E) games allow players to earn cryptocurrency while playing, and Battle Infinity plans to be at the forefront of this new industry. Battle Infinity combines multiple P2E sports battles where players earn crypto, explore the Battle Infinity metaverse, and socialize.

Battle Infinity uses the IBAT token, which will power its games and metaverse, all while will giving players the opportunity to earn rewards as they play.

3. OME — O-MEE

Our social media profiles have value, and O-MEE seeks to give users the tools they need to capitalize on that value. 

O-MEE is a social media platform putting users first, giving them complete control over their data. As users grow tired of being treated like commodities by Web 2.0 companies, O-MEE provides an attractive alternative. 

O-MEE incorporates NFTs, allowing users to monetize their content in new ways. OME, the network's native token, will form the foundation of the O-MEE ecosystem, giving users the ability to earn rewards for their content. 

Above all else, O-MEE is creator-centric — when you own your data, you own your creativity, and that's what O-MEE hopes to herald for the future of social media.

4. (Coin TBA) — Empiric Network

The Empiric Network is a high-speed, low-cost, decentralized oracle network for data and analytics. Strategically partnered with a star-studded lineup of crypto heavyweights, the Empiric Network provides users with access to ZK-rollups technology. 

ZK-rollups are a game-changing second-layer scaling solution that allows for thousands of transactions per second without sacrificing security or decentralization. They employ zero-knowledge mathematical proofs to verify the validity of data without needing to store it on-chain, which is both resource and cost-intensive. 

Their token, which is yet to be announced, is planned to be a utility token that will incentivize users to provide data to the network. The more data they provide, the more valuable the network grows, and the more rewards users will earn.

To bring smart contract platforms like Ethereum to the world's main stage, developers need access to data that is both reliable and affordable. For example, how can you trade on oil prices if you don't have accurate data to reference? How can you execute a smart contract for a shipment of goods if you can't verify delivery? 

The Empiric Network solves these problems by providing an affordable, sophisticated, and enterprise-scale data solution for a new era of decentralized applications.

5. DRU — Dorum

Dorum is a functional ecosystem combining the professional with social. This token will provide a platform for artists and other creative professionals to: 

  • Share work

  • Find job opportunities

  • Connect with like-minded artists

Dorum seeks to be a one-stop shop for every creator's needs, putting artists first while combining an NFT marketplace, virtual metaverse museum, and professional network. In an era where traditional art grows increasingly inaccessible, Dorum provides a much-needed space for artists to thrive. 

Creating incentive structures wouldn't be possible without a token, which is why Dorum has created DRU, a utility token that will support the ecosystem and give users the ability to earn rewards for their creative efforts.

Artistic talent transcends borders, and these talents should have a home where they can be appreciated, supported, and rewarded for their creativity. Dorum seeks to be that home.

6. BRIKN 

There's a saying in real estate, "location, location, location." But what if there was a way to invest in real estate without worrying about traditional hassles? 

BRIKN is a new way of investing in real estate, using the blockchain's power to fractionalize property ownership. Not everyone has the time or knowledge to invest in property, and even fewer people have the capital to own multiple properties. That's where BRIKN comes in.

With BRIKN, investors can buy a piece of one property, a piece each of two different properties, and so on. While investors with small capital can invest in Real Estate Investment Trusts (REITs) that own and manage a property, they don't have any control over REIT management. 

But with BRIKN, each investor has a say in what happens with their investment. Additionally, it all happens on the blockchain, so there's no need for a centralized management team, giving investors more control and transparency throughout the process. 

By staking BRIKN tokens, owners automatically become members of the BRIKN DAO and receive voting rights proportional to the number of tokens they have staked. Furthermore, the DAO pays out commensurate rewards to members based on the success of the real estate investments. 

BRIKN is both a new way to invest in real estate and a new way to democratize property ownership.

7. SFI — Sense4Fit

While Play-To-Earn stole the spotlight in 2021 and 2022, there's another category stretching its wings and preparing to take the baton. That category is fitness, aptly named Move-To-Earn, and Sense4Fit is one of the leading contenders. 

Not only does Sense4Fit offer a comprehensive fitness platform that gamifies working out, but it also rewards users with its cryptocurrency, $SFIT. SFIT links to a user's fitness tracker and uses data to generate rewards. The more active a user is, the more $SFIT they earn.

With Sense4Fit, you can earn while you exercise and then use those earnings to buy fitness equipment, cash out to your wallet, or even pay for other services within the Sense4Fit ecosystem. 

With anti-cheating mechanisms in place through wearables and its "Proof-of-Activity" protocol, Sense4Fit puts health and wellness first, ensuring that users are working out and not trying to manipulate the system. 

Human life has grown sedentary, and with the pandemic, we've seen just how detrimental that can be to our mental and physical health. That's why Sense4Fit aspires to provide motivation and tangible rewards to convince people to get up and move.

8. GIG — GIGCO

Music allows us to forget our troubles and feel joy, and it's time the industry appropriately rewards musicians. However, music industry executives and corporations have long underserved artists, producers, and engineers. 

Greed and a lack of transparency leave creatives without deserved compensation or recognition. 

GIGCO is a new platform seeking to upend the status quo. 

GIGCO describes itself as the leader of the "Web3 music revolution" and gives artists a platform to mint their music as "NFS," or non-fungible songs. Artists can share NFS profits with anyone who invests in their music, a win-win for artists and those who believe in them.

Paid out in GIG tokens, investors receive a portion of the revenue from streams and downloads. GIG also allows artists to license their music, another income stream artists and their investors should be able to access. 

GIGCO's transparency is a breath of fresh air in a notoriously opaque industry, and its focus on artists and creatives makes it a platform to watch. 

9. POSS — Posschain

Posschain is on a mission to bring blockchain to the mainstream by addressing the industry's biggest challenges: 

  • Scalability: The ability of a system to handle an increasing transaction throughput. While some cryptocurrencies have made great strides in addressing this problem, most unfortunately haven't come close.

  • Interoperability: The ability to connect different blockchain ecosystems together. Interoperability is a big problem for enterprises that want to use multiple blockchains for various purposes. Different blockchains specialize in different things, and they need to be able to talk to each other to work together.

  • Sustainability: The ability of a system to maintain itself over the long term. Energy efficiency (proof-of-work is very energy intensive), economic incentives for stakeholders (miners, developers, users), and governance structures must align for a cryptocurrency to be sustainable.

  • Usability: The ability to understand and use the system. New technology is often hard to use, and cryptocurrencies are no different. Bringing crypto to billions worldwide will require simple user interfaces and non-technical functionality.

Crypto leaders predict the future is multichain — where various blockchain networks speak to each other, exchange data, and work together. 

Posschain employs a unique consensus algorithm allowing it to process transactions quickly and securely while maintaining energy efficiency, which is crucial for mass adoption. In addition, its AI consensus model sets Posschain apart from other blockchain interoperability platforms. 

The Posschain AI rewards nodes — with POSS, the network token — that exhibit good behavior with a higher trust rating, while punishing those that don't. In addition, the network uses POSS for governance, betting, and transactions.

10. MMaps — MapMetrics

It's hard to leave Google Maps when its service is so good, and the only alternatives provide services that do the same with our data. MapMetrics seeks to change this dynamic by providing a decentralized map service that doesn't harvest or sell user data.

It's no secret that Web 2.0 companies actively harvest our data and sell it to the highest bidders. Unfortunately, these services play such a vital role in our lives that we often overlook the invasion of privacy for using the service. As a result, we're locked in.

MapMetrics is a decentralized mapping service allowing you to contribute your data anonymously and receive MapMetrics tokens in return. MapMetrics’ map accuracy and comprehensiveness increase as users contribute data, providing a better service for everyone. 

In exchange for giving MapMetrics data, they will pay out Maps tokens, which users can purchase premium features or stake to earn rewards.

Because MapMetrics compensates users for their data, there's an incentive for more people to contribute, resulting in an ever-improving service.

Conclusion

Crypto evolves with rapid, propulsive magnitude, as though it's on a mission to reach the moon. But unlike space exploration, which is expensive and exclusive, crypto is open to all. This fast-paced, innovative environment attracts creative minds, risk takers, and those who are unafraid to challenge the status quo.

The complications and roadblocks present in modernity don't have to remain. With the power of crypto, we're building a better future, one innovative project at a time.

Successful crypto investors do their research, tap into the latest trends and releases, and always keep an eye on what's next. 

As crypto portfolio builders, the Ember Fund team wants you to know that we do that research

We read the news, talk to industry experts, and monitor social media and online forums. 

If you're excited about crypto's potential and want to start (or grow) your own investing efforts, Ember is here to help — we make crypto portfolio management easy for beginners and experts alike. 

And while we want to take the guesswork out of investing in crypto by providing portfolio management by our experts, we want you to continue to grow your knowledge just like we do, which is why we offer a Learn-to-Earn rewards program where you can mine Bitcoin just by logging into the app daily and taking the time to learn more about the crypto world.

Ready to get started? Download the Ember Fund App here, or explore our Resources to learn more about how we can help anyone buy into a managed cryptocurrency portfolio.

Sources:

This crypto winter may be long, but builders remain bullish | TechCrunch

Real Estate Investment Trusts (REITs) | Investor.gov

Joint Prevalence of Sitting Time and Leisure-Time Physical Activity Among US Adults, 2015-2016 | Lifestyle Behaviors | JAMA | JAMA Network

Musicians Say Streaming Doesn’t Pay. Can the Industry Change? | The New York Times

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