The excitement that peaked in late 2021 across cryptocurrencies appear to be on its way back after a rough 2022 in the form of optimism. This optimism is based on the focus on the new wave of cryptocurrencies that have set out to solve issues that has existed for decades. Let's look at some of the most exciting companies that are making waves in 2023.
Script Network (SCPT)
Real world issue: Lack of payment and data to content partners. Monthly subscriptions for TV with no earning model for users. Ridiculous video delivery and storage costs for enterprises
Solution: Faster payments, more data for content partners. Free premium TV with rewards, and over 80% saved to enterprises using video compared to web2 alternatives.
Script Network is, to put it simply, a layer 1 video protocol, focused on fixing the issue across sky high video delivery costs, the lack of rewards to tv viewers, and the lack of payments to hundreds upon thousands of filmmakers. Script TV, powered by the Script Blockchain, offers decentralized bandwidth and content-sharing incentives at a more affordable rate than conventional service providers. The watch-to-earn economy model allows users to earn tokens and other rewards while watching content. It’s the first time that linear TV can be watched on any device (including your own TV screen at home), and earn whilst doing so.
You can find out more about Script Network and their on going Presale, here: https://presale.script.tv
Real world issue:Fragmented emerging AI market, with little or no way for companies and users to have practical use that will benefit all.
Solution: Numerous AI products including an AI marketplace, publisher and machine learning software.
SingularityNET is a blockchain-based AI project built on the Cardano network. Simply, AGI refers to any learning machine solution with the capacity to learn and carry out a huge range of tasks otherwise completed by humans. Basically, it is an advanced form of AI that understands the world just as well as any human does. Some early forms of an AGI include ChatGPT and other AI platforms that are currently able to solve a large but restricted number of human actions.
You can find out more about SingularityNET, here: https://singularitynet.io/
Real world issue: Complete destabilization and lack of trust in the world banking system. Lack of sustainable protocols built on Bitcoin
Solution: Trustless solutions to develop, store and create value at scale. Permissionless, and built to scale on the #1 Cryptocurrency.
Stacks (STX) is a cryptocurrency platform that aims to address real-world issues at scale by integrating smart contracts and decentralized apps (dApps) into the Bitcoin (BTC) network.
This is primarily due to its robust smart contract execution, transaction processing, and other operations made possible by the Stacks (STX) platform.
To create the platform's utility token, miners on Stacks must pay using BTC, which ensures a stable and secure network. For over 10 years, the market has required products and companies to build ontop of Bitcoin, and with Stacks, its finally here.
You can find out more about Stacks, here: https://www.stacks.co/