10+ Exciting New Crypto Projects Launching in 2023
Development in the crypto world never stops, and blockchain-based projects are becoming more ambitious year after year. The newest crypto projects launching in 2023 bring major advances in play-to-earn crypto gaming, decentralized finance, blockchain-based security, and more.
In this guide, we’ll reveal the 10+ best new crypto projects for 2023 and take a closer look at what makes each project stand out.
Best New Crypto Projects Profiled
What makes these new crypto projects so exciting? We’ll explain what each project is all about and why we think it’s worth your attention. Several of the following cryptos are also regarded as the best crypto airdrops on the market as well as cryptos to trade daily in the hope of beating the market.
Wall Street Memes – Overall Best New Crypto Project of 2023
Wall Street Memes is making rounds in the memecoin space as the best crypto this year thanks to its community, humour and the fact that it is completely embracing its memecoin roots.
It does not resort to making any promises about any outlandish utilities but rather seeks to transform the memecoin – WSM – as a wealth-generating asset for the community members.
With a follower count of more than 1 million on multiple social media platforms, Wall Street Memes is embracing the memecoin mania in a big way – by providing a community with a place to share memes and humour and collectively mobilize that value of memecoins.
It gets this inspiration from Wall Street Bets, a legendary Reddit group whose engineering of the Gamestop short squeeze led major hedge fund companies – who bet against retail investors – to go bankrupt. This air of “battle against the corporate villainy” made Wall Street Bets an underdog for the stock market; Wall Street Memes aims to do the same for the crypto investments.
The end goal of this project is to create a gated community of investors and memers and provide them with interactive experiences, early updates, and other perks. That goal is accompanied by a desire to reach a $1 billion market capitalization, for which Wall Street Memes has the community backing.
This project is currently available as a presale, which has already raised more than $17.5 million. Those who seek to make gains that would result from this token going live on exchanges should consider becoming early movers.
Launchpad XYZ – Best New Web 3 Crypto Project of 2023
2022 saw the emergence of many utility-centric cryptos that went big even during the bear market. Launchpad XYZ is continuing that tradition with its all-in-one ecosystem that encompasses every element of the Web 3 space.
The core of this ecosystem lies in its unique scoring system that lets users find the best Web 3 projects. Known as Launchpad Quotient or LQ, this score considered 400 different data points derived from social, financial and technical indicators.
LQ plays a role when it comes to finding the best presale, utility tokens, NFTs, P2E hubs, as well as metaverse experiences. Beyond LQ, Launchpad XYZ goes further and delivers facilities like fractionalized NFTs which allows users to fragment NFTs ties to real-world assets such as real estate and make them affordable.
Underpinning these features is Apollo, Launchpad XYZ’s native artificial intelligence. Similar to ChatGPT, Apollo works on multiple language models, allowing beginners to merely ask about the best NFT project to invest in and get an appropriate response.
The entire ecosystem is powered by native crypto, known as LPX. An ERC-20 asset, LPX’s utility takes several forms, from accessing the NFT marketplace to engaging with a nuanced trading terminal that doubles as a training module.
LPX is being offered as a presale, and over $1 million has already been raised. Those looking for a more utility-focused crypto to invest in must consider joining up with Launchpad XYZ.
Evil Pepe Coin – New Memecoin Project of 2023
Pepe Coin’s initiation of memecoin mania has turned this year into a neverending market of memecoins where new offerings are coming, pumping, and pulling the rug out from under the customers the next day.
But investors, in hopes of getting the investment right and hopefully making parabolic gains, continue investing, knowing full well that many of these investments are likely fraudulent. Evil Pepe Coin represents that drive to continue to fail during investment until success is reached.
A community-centric memecoin, Evil Pepe Coin is described in its official whitepaper as a token that goes against the grain to provide gains to investors. It appeases investors to embrace the FOMO and embrace the mistakes that are often made during investments, as they are the only way to grow and succeed.
Using the same name as Pepe Coin, the Evil Pepe Coin’s imagery is a dark reflection of PEPE. And that has already helped it a lot during its presale. It has already raised more than $750k, getting closer to its presale target of $1.99 million. It envisioned pumping soon after going live on DEX and hopes to reach a $100 million market capitalization.
So, for those looking for massive gains during the short term, Evil Pepe Coin might be a good buy. It pays no attention to utility and promotes embracing volatility, making it a one-of-a-kind memecoin this year.
BTC20 – Bitcoin with an ERC-20 Standard
BTC20 is an Ethereum equivalent of Bitcoin that aims to walk the same steps as the oldest cryptocurrency did in 2011. Creating an ecosystem where a set number of tokens are released with each block, BTC20 mimics mining rewards through staking, making an inclusive case of Bitcoin.
Like Bitcoin gave away the first 6.05 million tokens at $1, BTC20 is giving the first batch of its 21 million total supply as a presale. Locking 14.95 million tokens inside a liquidity contract, BTC20 implements a stake-to-earn mechanism where stakers will earn a portion of a predetermined number of tokens released upon the execution of each block.
BTC20 aims to implement this way of releasing locked tokens over a span of 120 years. The scarcity created through this approach can potentially fuel this token in days to come. Also, BTC20 is essentially an ERC-20 version of Bitcoin, which makes it a more affordable and green asset.
For crypto enthusiasts who still believe that BTC holds value but would hold more if it was following a proof-0f-stake mechanism, BTC20 could be a good buy.
The token’s current presale offering has already seen it raising more than $1.5 million within less than a week. Investors should consider going to the official website to purchase this asset.
Chimpzee – New Crypto with Focus on Climate Change and Endangered Species Protection
Chimpzee is a memecoin that pivots away from other offerings we have discussed till now by creating an ecosystem that rewards users from being through when it comes to protecting the environment. With its deep lore that involves a cyborg, man, chimp hybrid, Chimpzee is a unique crypto project that offers three ways to earn to investors.
With its Chimpzee Shop, the project implements a Shop to Earn ecosystem where buying gear and merch from the shop will reward users with CHMPZ tokens. A portion of the profits will be given to major non-profit organizations.
Chimpzee’s NFT marketplace creates a Trade to Earn ecosystem where investors can trade on the NFT marketplace and earn a portion of profits generated by the NFTs. Chimpzee is one of the first projects with this earning model and incentivizes users to stay active in the ecosystem.
With its unique Zero Tolerance Game, Chimpzee implements a Play-to-Earn ecosystem where users can earn tokens for completing milestones. The official whitepaper does not comment on the nature of the game. But what is clear is that it focuses on a virtual + physical gaming approach where completing tasks will be rewarding for players.
Chimpzee’s many unique facets are priming it to become the next presale hit this year. Over $900k has already been raised by its presale, and more investors are showing interest.
ApeCoin – A New Crypto Project Built around Bored Ape Yacht Club
ApeCoin is a new crypto project built on the popularity of the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) collections. ApeCoin is essentially a governance token created by Yuga Labs, the company behind these NFT projects, to give the community a say in where the bored apes should go next.
BAYC and MAYC owners received free ApeCoin when the cryptocurrency launched, and it can now be bought and sold freely on most major crypto exchanges. As an ERC-20 token, ApeCoin is easy to transfer and can be stored in virtually any wallet that can hold Ethereum.
What’s really exciting about ApeCoin is its potential role in the Otherside metaverse that Yuga Labs is currently developing. As such, ApeCoin could be one of the best altcoins to buy in 2023. While Otherside has not yet launched, it could use ApeCoin as the virtual world’s primary currency. Any play-to-earn games that exist within the Otherside metaverse could also potentially distribute ApeCoin as a reward to players.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
Colony Lab – Ecosystem Accelerator for the Avalanche Blockchain
Colony Lab is one of the best new crypto projects for everyday investors who want to compete with venture capitalists in the crypto space. This DeFi project enables anyone to invest in early-stage crypto startups on the Avalanche blockchain. That means that retail investors who are normally locked out of projects until an ICO or launch can now get in on the ground floor.
If it’s successful, Colony Lab could also have a big impact on the usability of the Avalanche blockchain. The project aims to support a wide range of dApps and other startups built on Avalanche, which could get the flywheel spinning and bring even more users and projects to Avalanche. More broadly, by crowdsourcing early-stage funding, Colony Lab could make Avalanche the best place for crypto founders to find financing.
For now, Colony Lab doesn’t allow investors to pick and choose individual projects to invest in. Rather, users stake CLY tokens and get rewards in the cryptocurrencies of the projects that the Colony Lab fund supports. However, Colony Lab intends to use its DAO to enable the community to select what projects to support in the future.
STEPN – Bringing Health and Wellness onto the Blockchain
STEPN is a ‘move-to-earn’ crypto game that rewards people for being active. During every 24-hour period, players can accrue crypto rewards for all of the walking, jogging, or running they do. Rewards are paid out in the game’s native cryptocurrency, Green Satoshi Tokens (GST) and for high level users, STEPN (GMT) – also known as Green Metaverse Token.
How much you can earn with STEPN depends on two things. The first is what type of NFT sneaker you have. STEPN’s sneakers each offer different characteristics, like speed boosts, resilience to wear and tear, and other features that can make them more valuable.
The other thing that matters is energy. Each player has to use energy to earn crypto rewards from their activity, and the amount of energy you have is directly tied to how many NFTs you own. So, there’s a balance to be struck between buying STEPN sneakers and earning crypto rewards.
STEPN’s game is especially popular in Asia and move to earn gaming platforms are relatively unique – although it has some competitors like Step App (FITFI).
STEPN is built on the Solana blockchain and its GMT and GST tokens are currently available on most major exchanges currently at a low market cap after some FUD caused a sell-off – namely STEPN being banned in China.
The crash of Green Satoshi Token (GST) by over 99% has caused some to label it a ‘shitcoin‘ and the app an unsustainable ponzi scheme (notably @AlgodTrading on Twitter called it that), but its governance token GMT has held its value better. Unlike GST which is inflationary with an infinite supply, GMT has a fixed supply of 6 billion tokens.
Guild of Guardians – Play-to-earn Crypto Game for RPG Fans
Guild of Guardians is a new RPG (role-playing game) built on the blockchain. The game, which hasn’t yet been released, promises players an exciting and deep world of dungeons, mystical creatures, and monsters to battle. Already, there are more than 130,000 people signed up for the Guild of Guardians waitlist.
What’s neat about Guild of Guardians is that much of the loot inside the game is in the form of NFTs. This means that as players explore the world that Guild of Guardians’ developers have built, they can collect valuable collectibles that they will fully own. NFTs are tradeable at the Guild of Guardians marketplace, enabling players to upgrade their characters or convert their loot to crypto.
Guild of Guardians is expected to be free to play, making it accessible to first-time gamers as well as more experienced RPG players. The development team has not yet announced a launch date.
Djed – An Algorithmic Stablecoin on the Cardano Blockchain
Djed is an algorithmic stablecoin pegged to the US dollar. That means that 1 Djed is equal to 1 dollar, and always should be.
At first glance, Djed has a lot in common with Terra, the algorithmic stablecoin that melted down in spectacular fashion earlier in 2022. Djed’s peg to the dollar is dependent on users creating and burning a reserve coin, Shen, just like Terra’s peg was based on users creating and burning Luna.
However, Djed has built in some key safeguards that the team behind Terra left out. This crypto project has built-in Shen bonuses that come into play to protect Djed’s peg during periods of high volatility. Shen minting is also limited when inflation gets too high, preventing the death spiral that caused the price of Luna to collapse.
While many investors are wary of algorithmic stablecoins after what happened to Terra, Djed aims to prove that algorithmic stablecoins can truly be the future of digital money. In fact, this could be one of the best coins to buy during the crypto crash.
Hedera Hashgraph – A New Crypto Built on a Faster, More Secure Blockchain
Hedera Hashgraph is a new type of blockchain that promises faster and more secure transactions than any existing blockchain technology. While that might sound like a bold claim, this project is backed by companies like Google, Boeing, and IBM – so there’s likely some truth to the platform’s promises.
Hedera Hashgraph is distinct from other blockchains in that only a pre-approved group of nodes are involved in validating transactions. These nodes are trusted entities within the network, and the fact that they’re pre-assigned enables the platform to process transactions much more efficiently than other blockchains.
Interestingly, Hedera Hashgraph doesn’t require grouping data into “blocks.” Instead, data is “gossiped” out to participants in the network along with timestamps and validation information. While Hedera Hashgraph is the first platform to use this new consensus system, other platforms could follow in its footsteps in the years ahead.
MapMetrics – Earn Cryptocurrency while Driving
MapMetrics is a blockchain-based dApp for drivers. The app enables anyone to join and find the best way to get from Point A to Point B. Along the way, MapMetrics automatically updates your best route in response to information contributed by the app’s users.
What’s more, MapMetrics incentivizes drivers to provide details about traffic, accidents, and other information that makes navigation more efficient. When you connect a “Special Position Tracker” (SPT) – essentially a blockchain-enabled GPS that you keep in your vehicle – you can earn cryptocurrency as you drive and contribute real-time data to MapMetrics.
Each SPT comes with an NFT to indicate that you own it and that its data corresponds to your vehicle. MapMetrics currently makes SPT devices for cars, motorcycles, and bicycles.
You must pay for an SPT, but the MapMetrics app itself is free to use if you just want to plan a route using data contributed by the community.
Fantom – Ultra-fast Blockchain for dApps and More
Fantom is a new crypto project that’s looking to replace Ethereum as the blockchain of choice for processing smart contracts. Fantom’s number one benefit is the platform’s speed. Transactions that take minutes to process on Ethereum are verified in seconds on Fantom.
What makes Fantom so fast is that transactions are processed asynchronously. That means that any node on the Fantom blockchain can process a transaction without having to work through an entire queue of transactions first. Fantom also has some neat safeguards built in so that it’s able to keep processing data even if up to one-third of transaction data is fraudulent.
Fantom is cross-compatible with Ethereum, meaning that any dApps built on Ethereum can easily be transferred onto the Fantom blockchain. The Fantom token, FTM, is available as an ERC-20 token and can be stored in almost any major crypto wallet.
How to Find New Crypto Projects
So many new crypto projects are in development that it can be hard to keep track of them all – or, for that matter, to find new crypto projects as they’re first announced. The good news is that there are several platforms dedicated to new crypto projects and several other simple ways to stay on top of the latest news in the crypto world.
Here are some of the best ways to find new crypto projects:
Many new cryptocurrencies are announced on social media before anywhere else. Often, these announcements are made on Twitter or Reddit, where they may appear in forums dedicated to cryptocurrency, blockchain technology, decentralized finance, or gaming.
You may also be able to spot new projects on platforms like Telegram or Discord. Many crypto projects use Discord channels to provide updates to their community.
Crypto Exchanges and NFT Marketplaces
Crypto exchanges and NFT marketplaces are typically where you would go to buy or sell established crypto projects. But in many cases, exchanges and marketplaces can be hubs for new projects as well.
Many new projects work hard to get their coin listed on an exchange or their NFT offered at a marketplace. In addition, a number of exchanges have features to help users discover new coins. NFT marketplaces may have a page for NFT collections launched in the last several days.
There are some specialized platforms that focus specifically on aggregating data about the crypto market and helping users find new and exciting crypto projects that could turn out to be the most profitable cryptos.
For example, CoinMarketCap provides details about all new cryptocurrencies and ICOs, regardless of whether they’re available at major exchanges yet. Coinsniper.net is a platform that vets new crypto projects and helps investors quickly recognize scams.
The best new crypto projects for 2023 are pushing the boundaries of what can be achieved using blockchain technology. Some projects are taking play-to-earn games to the next level, while others are improving the security and speed of digital transactions.
If you’re looking for the best new crypto project right now, check out Wall Street Memes, a memecoin project with a large online community. Another great project is Launchpad XYZ. It is building an all-in-one Web 3 ecosystem.