8 Cryptocurrency Projects to Watch in 2023: From Move-to-Earn to Metaverse Ecosystem

The cryptocurrency market has experienced intense volatility over the past year. In such an environment, it becomes especially important to identify projects with real application scenarios and innovative mechanisms. Rather than searching for the “most profitable” coins, it is more about finding projects with solid fundamentals that address genuine problems. By analyzing multiple dimensions, we have selected 8 cryptocurrency projects worth关注 in 2023.

Looking at 2023’s Promising Projects by Sector

Among many new projects, they can be categorized into several main directions based on application scenarios: Voting Mining Mechanism, Fitness and Sports Integration, Green and Eco-friendly, Gaming and Metaverse, and Trading Tools. Each sector has representative projects worth studying.

New Experiment in Voting Economics: Love Hate Inu ($LHINU)

Innovative Mechanism: Vote-to-Earn (Voting Mining)

Love Hate Inu quickly gained market attention during its presale, raising over $700,000 in 7 days. Its core innovation is introducing a rare mechanism in the crypto market—users earn token rewards by participating in social topic votes.

Built on Ethereum, all voting processes are fully decentralized and anonymous. Users must lock LHINU tokens for more than 30 days to participate in voting, effectively preventing vote spamming. Voting covers social, political, and entertainment topics, with users rewarded with LHINU tokens.

Regarding supply structure, out of a total of 10 billion LHINU tokens, 90% are available to the public, and 10% are allocated for exchanges, liquidity, and community incentives. The distribution is relatively balanced. The presale is conducted in 8 stages, starting at $0.000085 and gradually rising to $0.000145, with a total fundraising goal of about $10 million.

A特色 of this project is its plan to support users and brands in independently creating voting campaigns, with configurable NFTs or products as rewards, expanding application scenarios.

Fitness Ecosystem: Fight Out ($FGHT) and RobotEra ($TARO)

The fitness and sports sector gained more attention in 2023. Although this concept is not entirely new, some new projects have made improvements in details.

Fight Out is an application version of Move-to-Earn (Fitness Mining). The platform offers personalized training courses, where users complete fitness tasks to earn REPS points, which can be exchanged for equipment or live courses. Each user has an upgradeable NFT avatar used for metaverse competitions. FGHT tokens serve as the ecosystem’s utility tokens, with plans to launch the app in Q2 2023, followed by virtual competitions.

Pre-sale info shows FGHT has raised over $4.4 million, with prices rising from $0.0309 to $0.033. Holders can earn up to 50% of FGHT rewards.

RobotEra follows a full metaverse gaming approach. On this virtual planet, players rebuild the destroyed Taro planet by purchasing land, constructing facilities, and planting resources to generate income. Players can host paid events, sell buildings, and rent ad space. Robot companions are fully customizable and upgradeable, and can be sold as NFTs.

TARO tokens are limited in supply, with the first pre-sale stage priced at $0.02, rising to $0.032 in the third stage (a 60% increase). The project emphasizes developer identity verification and smart contract audits (SolidProof).

Green Energy Theme: C+Charge ($CCHG)

Under global carbon neutrality goals, C+Charge focuses on EV charging ecosystem. Users charge their vehicles via a mobile app and earn carbon credit rewards. These credits can offset personal carbon emissions or be invested in green projects.

Features include: charging station info, price comparison, wait time prediction, and CCHG token purchase and management. This addresses real pain points for EV owners.

The project has raised over $1.2 million, with a single $100,000 investment from whale investors. CCHG price increased from $0.02 to $0.0235, with KYC verification and smart contract audit completed.

Multi-dimensional Realization of Gaming Ecosystem

Calvaria ($RIA) and Battle Infinity ($IBAT) represent different directions in gaming ecosystems.

Calvaria launched the strategy card game Duels of Eternity, which features dual modes: P2E version where players earn RIA tokens through battles; and F2P free version with an earnings predictor and blockchain education content. This caters to both professional gamers and casual users. The game includes 3D graphics, mobile app, single-player story mode, and NFT card trading marketplace. The project plans to launch esports teams and VR features.

Battle Infinity integrates NFTs, P2E, and metaverse into one platform. Users can participate in fantasy sports competitions, stake tokens, trade NFTs, and buy virtual land to rent ad space. The IBAT (BEP-20) token has a total supply of 10 billion, with 28% sold out in 24 days, raising 16.5 million BNB (~$5 million). The project has passed KYC and audit verification.

Trading Tools Platform: Dash 2 Trade ($D2T)

Dash 2 Trade aims to be a one-stop crypto trading information platform. It offers a three-tier subscription model, from a free basic version to a premium paid version (monthly fee 400-1000 D2T).

Core features include: new listing alerts, presale project analysis, social sentiment analysis, on-chain data tracking, risk scoring tools, and automated trading API. Dash Score is a presale project rating system (0-100 points) to help investors evaluate new projects.

The platform also hosts trading competitions, only accessible to D2T holders, with exclusive rewards. After raising over $15 million in presale, it has launched on Gate.io, Uniswap, and other exchanges.

Meme Coin Evolution: Tamadoge ($TAMA)

Tamadoge differs from traditional inflationary Meme coins. Its 200 million tokens are burned with each transaction (5% burn rate), increasing scarcity over time.

The game mechanic involves raising virtual pets, feeding and caring for them to level up, with top pets earning the biggest rewards. After raising $19 million in presale, it launched on OKX, with an initial price of $0.03 and a peak of $0.19 (a 20x increase from presale).

Although the price has retreated from its high, TAMA has established itself among mainstream Meme coins. The main game, two mini-games, and AR app are expected to be released in 2023.

How to Evaluate Crypto Projects in 2023

When selecting these 8 projects, we considered several key dimensions:

Market Trend Recognition: Does the project follow sectors with actual demand (gaming, fitness, green energy, etc.)?

Technical Execution: Is the project progressing as planned? Are developer identities transparent and audits completed?

Economic Model Rationality: Is token distribution fair? Is inflation controlled?

Practical Application Value: Beyond marketing hype, does it truly solve user problems?

Funding Performance: Speed and scale of fundraising reflect investor confidence but are not the sole indicators.

Risk Tips and Market Observation

While these 8 projects show potential across multiple dimensions, the crypto market still carries significant risks: regulatory changes, technical risks, market cycle fluctuations, etc., can impact project performance.

For investing in emerging projects, the following suggestions are recommended:

• Focus on actual project progress rather than marketing promises
• Assess the sustainability of tokenomics
• Understand the background and transparency of the development team
• Invest only with risk capital you can afford to lose

The crypto market in 2023 is filtering projects with genuine application value. Ecosystems built on real demand rather than hype are more likely to survive long-term. These 8 projects represent innovative attempts across different sectors, but ultimately, the market’s final judgment lies in the hands of users.