Summary of some lesser known crypto projects that you are enthusiastic about in 2022

Yesterday I made a post asking fellow redditors to share their 2022 picks of projects below the top 500. While the post was removed a few hours later and the mod I contacted explained to me why it was against the rules (rightfully so), I thought it would still be useful to post a summary of the resulting conversation we had in the comments (we had 316 reactions). Credit for the elevator pitches for each project go to the commenters in the original post!

First up, the fifteen most upvoted projects available to buy (CMC rank):

  1. OPCT (CMC 851) - "Storage project similar to filecoin and Storj but with a much more friendly UI/UX and a finished product and the first IOS app for blockchain storage coming out soon, beta is already out, with a ~$20M market cap. You should personally checkout the storage service your self, you can get it up and running with JUST a private key (no email or name or phone #) in less than a minute. Almost all storage projects are $500m+ with barely any product to write home about."
  2. BAN (CMC 774) - "Feeless and fast transactions all while being nutritional."
  3. YLDY (CMC 3905) - "Yieldly in a nutshell is a DEFI staking platform on the Algorand blockchain. Once you have connected your wallet to Yieldly, you can stake various new Algorand ASA (Algorand Standard Asset) coins on the platform, yielding up to 90% APY! Interest is paid out daily, in the ASA of your choice. You can opt in to various NFT competitions or even stake your ALGO for 6-7% interest and have the chance to win a big ALGO price every 7 days, I'm talking more than 30k ALGO!"
  4. PBX (CMC 1047) - DYOR, feel free to explain in the comments!
  5. QANX (CMC 3111) - "I believe 2022 will be great year for this project , on 17th Jan launching testnet and hopefully if everything works out perfectly by the end of Q2 they will launch mainnet. If you wanna learn about it I recommend you go to their website and read about it or watch AMA with johann polecsak who is co founder and CTO of Qanx."
  6. AVA (CMC 487 - I let this one slide) - "A great working travel booking site where you can pay with traditional currencies and visa as well as many different cryptos. With a cashback in their native token. They have lots of great partnerships and once covid restrictions get easier, many people are gonna want to travel again."
  7. SPE (CMC 3500) - "Climate / environmental tokens and projects are coming up fast. SPE have recently contracted 1.1 billion trees to be planted in The Maldives, Sri Lanka and as part of the tree tsunami with the government of Pakistan. These contracts are both government and NGO. The carbon sequestered by the trees planted is calculated and sold as carbon credit NFT’s for offsetting. Unless you’ve been hiding you’ll know that governments are increasingly mandating offsetting emissions world wide. The average price for a CC is around $30 and expected to blast through to $100 per CC as demand increases in the coming decade. SPE are minting CCNFT’s (limited edition 1-1000 release, 1-10 sold for a combine 200+ BNB)."
  8. MOVE (CMC 3620) - DYOR, feel free to explain in the comments!
  9. ROY (CMC 3506) - "Try their game. Its really addictive but in my opinion its mobile game and it can be really big IF they move into mobile gaming. Everything before that can be considered as beta testing in my opinion. Adding new nfts (skins) later on maybe in game purchases for roy it can all move that price up. Same as more players etc."
  10. MTV (CMC 756) - DYOR, feel free to explain in the comments!
  11. PINK (CMC 1793) - DYOR, feel free to explain in the comments!
  12. CPRX (CMC 3528) - "They are partnered with Abra. I feel like their motive is to end up being like the “grants” of crypto developers. The kind that colleges give but with a twist. They will want their % of the cut if the project succeeds."
  13. FCF (CMC 3800) - A) "Audited by Certik & KYC'd devs. It's a payment gateway like a Paypal of cryptos without the need to convert back into fiat for e-commerce shop (Shopify, WooCommerce... ). Daily BNB dividends. Incoming partnership with a Nasdaq payment company. The roadmap have been respected in advance so far." B) "They are creating a crypto payment gateway that will allow us to buy products with whatever crypto you like. They have already received a contract from a top 3 nasdaq company and is waiting to be signed. Fcf pay beta has been launched and will be fully released in February if all goes well. There's more but I will recommend you look at the fcf finance website and give me your opinion. Their telegram page is a great place to keep up with all new updates. The dev team are always in contact with our community and doing AMA sessions frequently."
  14. TRANQ (CMC 8726) - "Not sure that I would buy at the current prices, but I could see it becoming top 500. They have built a use for the token."
  15. TRIAS (CMC 1003) - "It's a side project. Backed by CEO of Kucoin. It's got a lot going on. No Binance or Coinbase listing yet. Microcap."

Next, a selection from the list of projects that stood out due to more than usual unique mentions:

  1. YLDY
  2. QANX
  3. MTV
  4. CPRX
  5. FCF
  6. TRANQ
  7. TRIAS

Given that more than the expected amount of redditors mentioned these uniquely, they may be good investment opportunities due to being less known but having an active marketing/shilling community.

Lastly, some honorable mentions I thought particularly interesting:

  1. NTK (CMC 1782) - "They are democratising AI and have a superior product to AWS at around half the price. All platform fees are paid with the NTK token and there are only around 72mn in issue. I suspect this year will be the year it takes off. There will be an announcement during January concerning migration away from the ETH chain to another chain to bring down transaction costs for holders. This will result in a new exchange listing too. So I would expect it all to be sorted out and up and running during Q1. Plenty of newsflow to come if you look at recent articles from them."
  2. BAX (CMC 733) - "Banking the unbanked, partnership with Yemen bank, release is this month. Other countries will follow. US/UE/UK release in Q1 2022. It had a lot of issues before with ex team members and token unlocks, missed deadlines but starting 2021 everything was on track. Thus the price. ATH in CMC was 190. The fact that it is still alive and kicking after surviving 2018 crash it’s something. Most of ICOs from 2017 are dead."
  3. THG (CMC 2882) - "Play to earn crypto game , huge potential after seeing what axie infinity did. Staking coming this month as well. on iOS and Android, I don’t really play MOBA games personally but I tried it out and I thought it was pretty fun/ interesting. It’s free to earn or you can buy “heroes” and actually earn some pretty solid coin from what I’ve read. NFT gaming projects have been pretty hot and finding the next axie infinity could be a huge win, the staking this month and 2022 roadmap is what sold me."

I felt we had a good discussion going in the post, it's a shame that it is not allowed according to the rules. I think this sub is a safer place for discussing low-cap projects than some of the more infamous places on Reddit, but the rules are here for the greater good. Anyway, hope this will be of help in everyone's research for their next target.

Disclaimer: this post is not meant to be investment advice, it's sole purpose is for your entertainment. Please spend your money responsibly and make sure your real-world obligations are taken care of first.

Many thanks to all who replied for contributing and sharing your knowledge with the community. May the whales ever buy in your favor!