Bitcoin (BTC) may be a pioneer in the world of cryptocurrencies, but it is also quite a burden on the planet’s resources and harmful to the environment. That’s why impact tokens are becoming more prominent in the space now, with more and more portfolios boasting cryptocurrencies that support human development and sustainability with their ventures.
These are the three projects that will have a major impact on the world in 2022.
Bobcoin (BOBC).
Bobcoin (BOBC), which is a cryptocurrency created by Bob Eco, an electric car company that has helped create thousands of jobs. This clean energy company is aiming to speed up the transition to renewable energy and to focus on emerging markets. This mainly means that the company will be focusing its efforts on emerging markets, such as Africa. Bob Eco identified the demand for affordable transportation in these countries, and learned the large amounts of pollution coming from taxis and older motorcycles.
This electric vehicle, which can carry two or three people at a time, is powered by an extensive network of swapping stations.
Bob Eco launched Bobcoins in an effort to increase their funding and expand the use of their green technology. It is essentially a representational of ownership of economic rights. Bobcoin can be staked and enables liquidation by combining technology with securities market requirements.
Bobcoin allows investors to invest in assets and help them manage and purchase these assets. They also contribute to fighting pollution and creating new jobs.
The LoveChain
It is clear that social media has changed how people view the world. From how they perceive it to how they judge themselves, everything moves so quickly that there’s no way for anything to feel static or fixed.
LoveChain, an online platform that allows users to share lovelocks from all around the world, is helping make love records last forever.
The LoveChain, like lovelocks is designed to keep track of and remember people, events, and the things that are most important in a person’s life. Each user’s profile is assigned a unique code number that can be cryptographically generated. This allows them to signify their special relationship. Users can even create sub-groups and join them around various themes.
LoveChain is also built on Algorand, a green blockchain that’s energy-efficient and plans to further offset its carbon footprint in partnership with ClimateTrade.
When users share what they love and care about on Lovechain, engage with the community, post content, and share data with advertisers, they get LOVR reward tokens, which gives them access to exclusive discounts and benefits with The LoveChain’s merchant partners.
This allows people to mark milestones or anniversaries in their lives, share photos with loved ones and keep an album that captures the moments they cherish, as well as record and transmit messages of affection. All of this and more would sit on the blockchain and be the user’s own piece of digital real estate, and because the blockchain is decentralized, this record would live forever.
Their slogan fits perfectly: The LoveChain will remain in existence forever.
@Pay
From the ‘Letter of Credit’ notes to credit cards to Buy Now, Pay Later (BPNL).
BPNL is a quick-term funding solution that consumers will find very helpful, particularly since it is largely interest free. It’s not just about getting access to things you like; this model helps those who would otherwise not be able to immediately afford groceries or other necessities.
It has become an increasingly popular payment method, and @Pay capitalizes not only on this opportunity but also participates in 2 other emerging markets: Cryptocurrency & fiat currency and Blockchain and smart contract technology.
@Pay is a global, decentralized payment platform. It provides a solution for merchants, shoppers and market place owners. The goal of the platform is to enable consumers to get the goods they want while also allowing them financial freedom. It uses blockchain technology and cryptocurrencies to allow buyers to make online orders and then pay them back in equal installments.
With a cart abandonment rate of 70%, resulting in $4.6 trillion lost in e-commerce sales per year, it’s no wonder that merchants and brands are partnering up with platforms like @Pay.
@Pay also uses the Algorand Blockchain and the Solana Blockchain. It is one of the fastest growing ecosystems in crypto with thousands of additional projects being planned for the DeFi, NFT and Web3 areas.
For millennials who are environmentally conscious and don’t wish to compromise when building good credit, and for brands who want to see clicks convert to sales, @Pay is the answer.
With impact tokens generating positive, measurable social change and helping to reduce pollution, eradicate poverty, and foster peace while still providing financial returns, there’s no doubt that these cryptocurrencies should be on the watchlist in 2022.