During the last bull market, the precursor to the cryptocurrency, bitcoin, consumed massive amounts of electricity. This consumption was the result of using the Proof-of-work protocol. As a result, many cryptocurrencies saw the need to move to a more energy efficient protocol.
thereum was the first to switch to a more energy efficient protocol (proof-of-stake), thereby reducing power consumption by almost 100%. However, two important cryptocurrencies, Solana and Cardano, demonstrated sustainability even before the merger with Ethereum.
This post takes a look at these eco-friendly crypto projects including Dash 2 Trade, Calvaria, IMPT and RobotEra and their features.
Solana vs. Cardano
Solana ($SOL) sought to correct the shortcomings of the Ethereum network. Its power efficient proof of history was groundbreaking as it could process up to 50,000 transactions per second versus Ethereum’s 20 transactions per second. This transaction throughput has made Solana more scalable than Ethereum.
On the other hand, Cardano has used a proof-of-stake mechanism which has provided its users with a better secure and resilient network. It runs an unreliable open source ecosystem where decentralized developers can develop their skills.
Solana and Cardano offer great features as they have evolved and improved their networks. In addition, they consume much less energy than other cryptocurrencies. They offer staking features through which users can lock up their $SOL and $ADA tokens and earn passive income.
Despite the price drops in the current crypto winter, Solana and Cardano continue to dominate the market and support various decentralized applications. Both of them are in the top 20 cryptocurrencies by market capitalization, which makes them worthy investments until the next uptrend in the market.
Alternative environmentally friendly crypto projects of the future
As mentioned earlier, Solana and Cardano both offer enticing eco-friendly features. However, these five green cryptocurrencies are ready to offer users and investors more revolutionary green features:
1. Dash 2 Trade ($D2T): A crypto analytics platform designed for crypto traders.
2. Calvaria ($RIA): P2E combat card game blockchain platform.
3. IMPT.io ($IMPT): A new green platform with a global green initiative.
4. RobotEra ($TARO): An Exciting Metaverse NFT Game
5. Ripple ($XRP): Digital Solution for Financial Institutions
Dash 2 Trading
Dash 2 Trade is a new blockchain platform that aims to provide exceptional trading tools for crypto traders. By implementing a dashboard, Dash 2 Trade ensures that traders get the best crypto insights and data analytics on the web to improve their trading journey.
Some of the features implemented in the dashboard include trading signals, a scoring system for crypto ICOs and pre-sales, automated trading APIs, market and social indicators, and more. If users need access to this exquisite dashboard, they need to subscribe with $D2T tokens.
Interestingly, $D2T tokens are available at the ongoing D2T pre-sale event at a price of $0.0513. This event will allow users and investors to gain premium access to the platform and investment opportunities.
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Calvaria is a blockchain platform developing a play-to-earn NFT game called Calvaria: Duels of Eternity. This game features NFT playable characters with abilities in the form of cards ready to be used on the battlefield.
Users can win with multiple battle strategies and earn crypto rewards for purchasing game resources, map upgrades, and power-ups. The Calvaria system will distribute rewards using $eRIA tokens (in-game asset) and $RIA tokens (native token).
$eRIA tokens will be available after the launch of the game. However, users and crypto investors can hoard RIA tokens on the Calvaria platform to enjoy in-game and non-gaming features.
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IMPT.io is a revolutionary green blockchain platform that provides the best environmental sustainability program to reduce the global carbon footprint. Through the carbon offset program, IMPT.io will connect users and businesses with green brands by participating in their products and earning carbon credits.
In addition, IMPT.io will feature thousands of environmental programs that users can purchase using the platform’s own $IMPT token. Once purchased, they actively participate in the project and earn carbon credits. These earned carbon credits are part of a global initiative.
Users can exchange their carbon credits at the dedicated IMPT marketplace for cash. They can also write off earned carbon credits (burn them, thereby reducing the supply of carbon credits in the IMPT ecosystem) and receive collective NFTs from IMPT.io.
The features of IMPT.io are quite robust and anyone, regardless of their knowledge of cryptography, can take part in reducing carbon emissions. In order for users to get more out of this green platform, users can actively participate in its pre-sale as $IMPT tokens are currently being sold at a price of $0.023.
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RobotEra is another immersive metaverse designed for users to explore and restore a virtual world called Tarot. This metaverse game will allow users (in robot form) to own lands, accumulate resources, create companion robots, and develop a close-knit in-game community.
Users who actively participate in this world of the metaverse receive crypto rewards in $TARO and NFT. These rewards are used to develop their lands and are traded to earn money. Thus, users can earn more resources by striving to develop their lands and participating in events within the game.
The RobotEra platform is feature-rich and users can participate in its ongoing pre-sale to purchase $TARO tokens for use in its ecosystem.
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Ripple is a digital payment system whose native currency is XRP. The financial exchange system used by Ripple is designed to act as an intermediary for transactions between the two networks and is based on the real SWIFT banking system for international payments.
This unique platform is built on a consistent process of servers owned by banks that authenticate trades and transactions. It also strengthens the integrity of the system by preventing double spending.
With unique and eco-friendly features, Ripple is among the coins that will be the future of cryptocurrencies.
Cryptocurrency users and investors should actively consider green projects as they can offer impressive returns depending on their use cases. Solana and Cardano offer great energy efficient features that could revolutionize the blockchain industry.
However, it may be a significant time before they return to their previous highs and turn a profit for their investors. Hence, crypto investors may consider investing early in alternative crypto projects that offer huge returns.
Early investment in pre-sale rounds will provide a greater return on investment. Get actively involved now before they fully hit the market.