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Crypto Projects That Actually Make Solid Revenue
The cryptocurrency space is filled with innovative projects and promising platforms. However, amidst the numerous initiatives, it’s essential to highlight the projects that are generating significant revenue. In this article, we’ll explore some of the most successful crypto projects making solid revenue in 2024.
NEAR Protocol: $6.08 million
Firstly, we need to talk about NEAR Protocol, which has reportedly earned a staggering $6.08 million in revenue. The blockchain platform uses scalable solutions for decentralized applications (dApps) and AI workloads. Its widespread adoption across sectors such as gaming, DeFi, and digital ownership highlights its significant contribution to the industry.
OriginTrail: $5.55 million
Another notable mention is OriginTrail, which has generated a substantial $5.55 million in revenue. The platform offers a Decentralized Knowledge Graph (DKG), enabling businesses to manage, verify, and organize data for AI-driven solutions. With a market cap of $460 million, it’s evident that the project has gained significant traction.
Internet Computer: $2.22 million
The Internet Computer (ICP) stands out with its impressive revenue of $2.22 million. The blockchain-based cloud infrastructure provider eliminates reliance on centralized providers like AWS, enabling developers to create scalable AI and Web3 applications. Its role in fostering the growth of decentralized AI and Web3 platforms is undeniable.
Render Network: $1.05 million
Render Network (RNDR) has made a significant impact with its revenue of $1.05 million. The platform provides decentralized GPU power for heavy computational tasks, addressing the increasing demand for high-performance rendering in blockchain applications. With a market cap of $962 million, it’s clear that Render is gaining popularity.
The Graph: $1.35 million
It’s essential to highlight The Graph (GRT), which has earned an impressive $1.35 million in revenue. This platform offers indexing solutions for decentralized networks, making blockchain data accessible to AI applications and dApps. As a critical component in enabling blockchain-powered AI solutions, its role cannot be overstated.
Akash Network: $1.05 million
Lastly, Akash Network (AKT) reported a respectable $1.05 million in revenue, along with a market cap of $962 million. By providing decentralized cloud computing services, Akash offers developers an efficient and cost-effective alternative to traditional cloud providers. Its infrastructure supports the growing demand for blockchain-integrated AI and Web3 platforms.
Livepeer: $0.31 million
Rounding out this list is Livepeer (LPT), which has earned a respectable $0.31 million in revenue, with a market cap of $612 million. As a decentralized video transcoding and streaming platform, it’s no surprise that its solutions are highly sought after by Web3 platforms and content creators.
In conclusion, these projects have demonstrated significant revenue growth, making them stand out from the rest. It will be essential to monitor their progress as they continue to shape the cryptocurrency landscape.
Source: coinchapter.com
