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Top 4 Blockchain With Huge Potential In 2022, According to Lark Davis

There are blockchains outside of the top 20 that still offer excellent potential for early investors. Lark Davis, a Bitcoin, cryptocurrency, and stock investor has shared the top 4 blockchains with huge potential in 2022.

Lark is watching for farming opportunities on a lot of these chains, that’s why it has the potential to help people earn a lot of money by passive income.

Fantom (FTM)

The first blockchain to mention is Fantom (FTM). Fantom is a directed acyclic graph (DAG) smart contract platform providing DeFi services to developers using its own bespoke consensus algorithm.

Fantom still has lots of room to go moving forward and great farming opportunities. It’s an Ethereum compatible blockchain with highly scalable thousands of transactions per second with the almost instant transfer.

We also have native Fantom apps like SpookySwap, which has been getting a lot of interest from the wider crowd, and some apps for lending and borrowing. More and more massive ecosystem development fund is joining Fantom.

This is to help incentivize users and developers to come into the Fantom ecosystem, build and use it. There will be a lot of money that putting up online which is why you see the total value locked in Fantom absolutely surging over the last month. That’s why Fantom is the number 1 blockchain to keep an eye on.

Elrond (EGLD)

The second chain to mention is Elrond (EGLD). Elrond is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance, and the Internet of Things

Elrond has incredible farming opportunities. They have some crazy profitable for traders who use the Mayar exchange, which is the UniSwap of the Elrond ecosystem.

We’re gonna see a lot of interesting things coming to the Elrond blockchain in 2022. So, Elrond is the number two coin that we are keeping our eyes on for 2022.

Oasis Network (ROSE)

The third blockchain is Oasis Network (ROSE). Oasis Network is a privacy-focused layer 1 blockchain built for open finance and a responsible data economy using the Cosmos SDK.

Oasis is a privacy-enabled blockchain for open finance and irresponsible data economy. It’s got an operational mainnet, it’s doing stuff private and scalable DeFi. The private parts are important when you realize that thing is not really all that private in the crypto space. So the privacy features help unlock things like private lending, private automated market makers. That can add a lot of value to the crypto space.

They also work on data tokenization and they have a very powerful architecture using what they call ParaTime Scaling for very high transaction speed, scalability, and large workloads.

Moonbeam (GLMR)

The last blockchain to mention on the list is Moonbeam (GLMR). Moonbeam is an Ethereum-compatible smart contract para chain on Polkadot. Moonbeam makes it easy to use popular Ethereum developer tools to build or redeploy Solidity projects in a Substrate-based environment.

Moonbeam was the first to market on top of Polkadot (DOT). All the great ethereum applications can come over to Moonbeam. They also have native applications like Demodyfi which is a decentralized exchange on Moonbeam. That’s why we’ll see total value locked on the chain starting to rise.

“I remain very bullish on Moonbeam and the entire poker ecosystem. I feel like this is the tip of the spear into the wider Polkadot ecosystem and we’re going to see a lot of great applications integrating with Moonbeam. So I’m definitely keeping my eye on this for the rest of 2022”, Lark said proudly.

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