70 Web3 Startups for 2024

Web3 is a distinctive decentralized internet ecosystem that is built on blockchain technology. It is characterized by advanced technologies such as machine learning, decentralized ledger technology, and big data, enabling websites and applications to process information more intelligently and human-like. The goal of Web3 is to offer a user interface that is reliable and data-driven, serving the needs of every user. This will be achieved through various technologies such as blockchains, metaverse, and the Semantic Web, all of which are expected to be utilized within the Web3 framework.

The advent of Web3 results in a transfer of data ownership to users, which in turn creates a promising business landscape for startup companies. Compared to Web2, which companies dominate, Web3 provides more freedom to its users and gives them control and ownership over their data. Although Web 2.0 and Web 3.0 share similarities in terms of their technological backgrounds, they differ in their approach to addressing challenges. The primary difference between the two is that Web 2.0 concentrates on reading and writing content, while Web 3.0 focuses on creating content through the Semantic Web. The Semantic Web enables enhanced information exchange among web users while also bolstering cybersecurity, making it a more robust and efficient technology than its predecessor.

Founded in 2012 and launched to the public in 2014, Snowflake is a cloud platform that offers analytics insights and cloud-based storage. Users and customers can store, compute, clone, and analyze their data in the platform, and a whole lot more thanks to their ever-evolving software.

It is worth noting that Snowflake holds one of the largest software initial public offerings (IPO) in history, having raised over $3.4 billion in 2020. Just recently in 2023, Snowflake acquired Neeva, an intelligent search engine built by former Google employees. Neeva’s cutting-edge search technologies will be infused with Snowflake’s innovations, making use of its generative AI tech.

NFTs have risen in popularity over the last few years, and Swedish web3 music company Anotherblock entered the industry with its blockchain-based platform that aims to democratize music rights. It connects NFTs with royalty rights, creating a marketplace that revolutionizes how music rights are managed. Artists can put their royalty rights in the blockchain and receive payments whenever their NFT is traded.

Cerchia is a Swiss fintech company that enables completely automated risk transfer buyer-to-seller solutions. The start-up provides automated decentralized event risk payout solutions that are cost-effective and transparent. Cerchia uses smart contracts which enable pricing based on demand-supply factors. The company’s direct risk transfer platform has been developed with blockchain technology, but transactions are possible on and off the blockchain.

Founded in 2017, KuCoin is an app-based platform that allows users to purchase, trade, and sell digital assets within which Ripple, Ethereum, Litecoin, and Bitcoin are included. The platform offers to traders in-depth information, current pricing lists, and market analysis graphs. With more than 27 million users worldwide, KuCoin provides a wide selection of cryptocurrencies.

Through a decentralized video calling technology, Huddle01 offers a solution to the network delays within video calls. Founded in 2019, the company provides a peer-to-peer decentralized video experience with Web3 features such as NFTs as avatars, token-gating, and many more. The company’s mission is to reach 100 million users by 2026.

While founded in 2002 as a platform for creators, New York-based company Bubblehouse has become the “first social NFT marketplace,” designed to allow individuals and creators collect and sell NFTs, even without any crypto experience.

Backed by investors that include David Guetta, and with support from VC heavyweights Kima Ventures and Watertower Ventures, the startup is altering the world of NFT and leading the way in tech and creative expression.

Sense of Space, a Finish startup, offers its clients an exceptional metaverse experience through 3D streaming technologies. The company enables users to share and display 3D models of varying dimensions and visual quality. Sense of Space makes 3D streaming into any platform or technology for every device – from web desktops to AR or VR headsets.

Magic Eden is a non-fungible token (NFT) marketplace that facilitates the purchase and sale of NFTs, including digital artwork, sports memorabilia, event tickets, digital games, and other items. The platform also provides users with tools to create and curate their own NFT collections and offers rewards for participating in its ecosystem. Launched in September 2021, Magic Eden experienced rapid growth and has become one of the most sought-after marketplaces for non-fungible tokens (NFTs) on the Solana blockchain.

Bware Labs is a startup that built a platform for decentralized API infrastructure that enables its users to connect to node providers. The interface also provides integrated payment methods and ensures reliability. Bware Labs aims to establish an infrastructure and development environment that can assist Web3 developers in every aspect of their blockchain journey.

Bitwave was founded in San Francisco by Amy Kalnoki and Pat White. It has since gone on to become the premier crypto accounting startup for crypto firms to manage taxes, accounts, and compliance related issues.

It also launched BitwaveU, an online educational hub offering courses and certifications for those who wish to learn more about the blockchain sphere.

London-based BVNK calls its platform the “modern rails for moving money”, striving to connect both digital and traditional finance to make global payments between businesses borderless, secure, and most importantly, instant. With BVNK, instant payment is their forte - which means businesses can send and receive money in any corner of the world, 24/7.

Merge is a promising startup that enables crypto and web3 companies to integrate their software with a single API that allows them to send payments, create bank accounts, and easily make fiat-to-crypto conversions. Merge allows developers to create integrations for over 150 applications, including widely-used cloud-based platforms like Salesforce and ServiceNow.

Coin98 Finance, headquartered in Ho Chi Minh City, Vietnam, joins other technology companies aiming to simplify access to blockchain and web3 markets. In November 2023, they rebranded it as “NinetyEight” as part of their expansion and mission to make web3 more accessible.

As a startup, this Southeast Asian heavyweight leverages innovation to streamline user experiences and make the complexities of the blockchain more accessible for everyone.

Pinata, a platform for NFT media distribution, was founded in 2018, and ever since, it has been supporting a wide range of NFT projects. The platform offers an infrastructure that allows both up-and-coming creators and large enterprises to store, manage, and enhance the functionality of their non-fungible tokens. With more than 200 server locations worldwide, Pinata provides its services at an incredibly fast speed.

A UK-based startup with research centers worldwide, DeHealth is an AI-powered decentralized app that utilizes medical data to securely store, manage, and allow for the monetization of healthcare information while also maintaining anonymity. The app has more than 60 000 Web3 users, among which are individuals, healthcare providers, and data consumers. DeHealth's users can share, manage, and profit from their healthcare data using the DHLT token for transactions.

In a bid to simplify global payments, Buenos Aires-based web3 startup Ping launched its neobank that enables freelancers and remote workers to get paid through dollar accounts in the United States, as well as enable them to set up a crypto account.

According to Ping’s website, freelancers and remote workers make an average of 4% more money with them, and get paid on the same day too.

Sardine is a leading fraud prevention and compliance software company. The way Sardine works is that it uses financial, user, behavioral, and device-specific data for fraud detection. This Miami-based startup excels in detecting and preventing fraud while minimizing false positives, contributing to a secure and trustworthy digital ecosystem while offering a host of other solutions.

French startup Flowdesk offers crypto-financial services, creating a firm trading infrastructure to provide market-making services for web3 firms. It helps facilitate seamless interconnections with over 50 cryptocurrency exchange platforms, fostering growth and liquidity in digital assets markets.

Dfns, a crypto wallet startup based in Paris, France, focuses on developing keyless wallets across decentralized finance (DeFi) applications and distributing pieces in a P2P network. Dfns contributes to the evolution of DeFi ecosystems, providing users with advanced solutions for managing their digital assets and crypto wallets.

New York-based unicorn startup Talos empowers institutional access to the digital assets market through its end-to-end crypto trading platform for traditional Wall Street firms.

This web3 startup provides tools for Wall Street firms to trade. With its quick access to price discovery and instant trade settlements, it caters to brokers, lenders, and investors.

For the unacquainted, blockchain data can seem daunting and boring at times. Bubblemaps aims to bridge the gap by creating innovative visuals for blockchain data, making it accessible to the general public and most especially to those with no prior knowledge. Bubblemaps operates as a supply auditing tool for decentralized finance (DeFi) tokens and NFT, with interactive and playful visuals to accompany the data.

Bubblemaps supports chains like Ethereum, BNB, Cronos, Avalanche, Arbitrum, Polygon, and Fantom.

Austria’s very first unicorn startup, BitPanda acts as a centralized crypto exchange, granting people access to a range of digital assets. According to the founders Eric Demuth, Paul Klanschek, and Christian Trummer, the startup was founded within two hours of meeting and now has offices all over Europe.

Positioned at the forefront of the cryptocurrency market, BitPanda facilitates the exchange and management of digital currencies for a global user base, making it one of the largest and most secure platforms in the continent.

Bitfinity Network is a next-generation Ethereum Virtual Machine (EVM) for Bitcoin, built on the Internet Computer protocol. The company is currently working towards what they call the “Bitfinity Ecosystem”, which is a list of projects that will be launched under the ecosystem. This includes a wallet, a blockchain explorer, a web browser, and more.

Biconomy is a platform for developers working with blockchain technology, which helps to enhance the transactional and onboarding capabilities of Web3 applications. By minimizing the challenges associated with blockchain, Biconomy provides a plug-and-play solution that enables smooth and seamless interactions between Decentralized apps and end-users. This makes it easier for developers to create and maintain Web3 apps and ensures a better end-user user experience.

SmartCredit.io has created a decentralized peer-to-peer lending marketplace that allows borrowers and lenders to connect with each other directly without the need for intermediaries. The DeFi startup also provides innovative financial products that challenge traditional financial systems. These products include Crypto Fixed Income Funds, which allow users to earn passive income from their assets, and Crypto Loans, which feature low collateral ratios.

TRON is a protocol that aims to accelerate the internet’s decentralization through blockchain technology and decentralized applications (dApps). The network, established in 2017, has two primary objectives: to empower developers and give people power. In recent years, TRON's network has experienced rapid growth, with more than 69 million users on its blockchain and over 2.7 billion transactions. In December 2021, TRON achieved a significant milestone when it became a fully decentralized network and transitioned to a community-governed DAO.

Based in Turkey, Devium is a software development platform that utilizes Web3 technology and provides unique solutions for licensing and ownership of source code after the development process. The platform provides a marketplace for developers to own, license, and monetize their source code using non-fungible tokens (NFTs). The platform also offers a range of tools and features to help developers manage their projects, including a Distributed Version Control System, project management tools, permanent storage, code hosting for both web2 and web3 projects, and security and privacy features.

OpenSea is a blockchain-based marketplace that facilitates the buying and selling NFTs. The marketplace supports a wide range of NFTs, including those related to art, music, domain names, virtual worlds, trading cards, and more. By utilizing blockchain technology, the platform ensures the security and authenticity of the NFTs, making it easier for buyers and sellers to transact with confidence. Through OpenSea, NFTs can be easily browsed, created, purchased, and sold.

Covalent is a company that provides a unified API to enable the visualization of billions of Web 3 data points. The company's goal is to offer developers a streamlined approach to accessing granular blockchain transaction data from multiple blockchains without requiring them to write any code. With a single API, developers can easily extract the precise data they need from multiple sources, streamlining the development process and reducing complexity. Covalent is headquartered in Vancouver, Canada, and is dedicated to making it easier for developers to access and analyze blockchain data.

London-based startup Element (or Element.io) aims to pioneer the development of secure chat apps and collaboration solutions using the open Matrix protocol. It originally started as a competitor for Discord and Slack and then focused on decentralized approaches for digital sovereign self-hosting, as internet communication became more complex and in-demand. Element redefines communication and collaboration in the evolving landscape of Web3 technologies.

CoinList is a token sale platform that provides support for every aspect of the cryptocurrency investment lifecycle. The platform offers a range of services that begin with token sales and continue through the distribution, trading, and lending of tokens. Launched in 2017, up to now, the company has raised $549 million in investment over 17 rounds.

Web3Auth is a non-custodial authentication infrastructure that offers a user-friendly and straightforward approach to Web3 wallets and applications. With Web3Auth, users can easily log in to Web3 wallets and applications, and the platform is designed to simplify the process of creating wallets and purchasing NFTs. By reducing the friction associated with these tasks, Web3Auth makes it easier for non-technical users to engage with NFTs and other Web3 applications.

Paris-based Cometh is a groundbreaking blockchain game development studio, uniquely blending games with integration into DeFi protocols. Users and players earn valuable tokens while mining, exploring, and trading. Cometh is a pioneer in the gaming industry, helping shape interactive digital experiences into the future.

Crucible Network is a startup that develops tools for game developers and offers gamers a portable identity. The company's goal is to facilitate collaboration between blockchain and tokenization game developers and mid-tier, indie, and AAA game developers to create a sandbox environment. This sandbox environment is designed to be a platform for experimentation, allowing developers to explore new ideas and push the boundaries of what is possible with blockchain technology.

Bitfury is a technology company focusing on unlocking Bitcoin's full potential and other digital assets. Bitfury has created several innovative products, including the Crystal Blockchain advanced analytics platform, designed to make crypto assets safer and more compliant for law enforcement and private sector clients. Another product, the LiquidStack immersion cooling business, aims to reduce energy usage in data centers and make Bitcoin mining and high-performance computing more environmentally sustainable. The products outline Bitfury's commitment to advancing the field of digital assets and making them more accessible and sustainable for everyone.

Founded in 2019, MoonPay is a fintech company that specializes in developing payment infrastructure for the cryptocurrency market. Its suite of products offers a seamless experience for users who want to convert fiat currencies into cryptocurrencies and vice versa. MoonPay aims to provide users with a convenient and easy-to-use platform that allows them to transact in cryptocurrencies using the payment methods they are familiar with.

With institutional-grade security and monitoring, Blockdaemon is the leading independent blockchain node infrastructure for staking, scaling, and deploying nodes. Blockdaemon is used by exchanges, custodians, cryptocurrency platforms, financial institutions, and developers to link commercial stakeholders to blockchains. It supports over 60 cutting-edge blockchain networks globally on bare metal servers and in the cloud.

Figment provides more than 200 institutional clients the complete staking solution, which includes rewards optimization, rapid API development, rewards reporting, partner integrations, governance, and cutting protection. The company aims to promote the next generation of Proof Stake blockchains and contribute to a more inclusive user-controlled Internet.

Metaphysic specializes in developing artificial intelligence-assisted tools for content creators in the ever-evolving landscape of digital content creation. With headquarters in London, Metaphysic empowers creators with innovative technologies, revolutionizing the content creation process and helping users maximize their time.

IOVLabs provides support through blockchain tools and technologies to fintech innovators. The company’s goal is to create a less centralized world, leading to a more equitable future and greater freedom. IOVLabs’ DeFi product has the capacity to revolutionize financial intermediation by eliminating obstacles that prevent ordinary users from engaging in decentralized finance.

Founded in 2017, Next Big Thing is a venture studio for the machine economy. The company offers support to non-technical businesses by providing them with all the necessary technical resources. Next Big Thing offers high-impact solutions and simplifies AIoT implementation.

Based in India, GuardianLink is a company that provides crypto and NFT ecosystem to companies, creators, artists, and innovators. Founded in 2016, GuardianLink has provided a decentralized solution that ensures the security and integrity of NFTs and Smart Contracts by providing features such as indivisibility, recoverability, and theft-proofing.

Messari is a company that provides market intelligence to support and encourage confident participation in the cryptocurrency economy. Their services include offering top-quality tools and intelligence to help professionals, builders, and communities navigate the web3 space. Founded in 2018, the company’s mission is to promote transparency in the crypto economy. By bringing greater transparency to the world of cryptocurrency, Messari seeks to enhance the overall trust and legitimacy of the industry.

Based in Paris, Connecting Food operates in the food technology sector, offering a platform that can certify food authenticity through an end-to-end tracing system for both agribusinesses and consumers.

As a pioneer in food tech, Connecting Food addresses the growing demand for transparency and wellbeing in the food industry by leveraging blockchain tech to ensure trust and integrity throughout the supply chain.

EcoPros’ mission is to create a decentralized platform where investors, energy installers, and consumers can collaborate to generate cleaner energy installations. By leveraging this platform, ecoPros intends to foster a more sustainable and eco-friendly approach to energy production and consumption. The company offers flexible Energy-as-a-Service subscription plans aiming to contribute to the creation of a decentralized, digitized, and electrified energy system.

Futurent, a blockchain-based platform, provides NFT-based innovative solutions to the real estate industry. The core characteristics that describe Futurent’s services include security, transparency, and efficiency. The company’s innovative Web3 approach aims to provide the highest passive income through safe transactions. Futurent provides investment opportunities to everyone starting at $50 at any time globally.

Coadjute operates as an open ecosystem using blockchain solutions for the real estate market and streamlining processes for when things go wrong. With a mission to expedite property transactions and reduce fall-throughs, their innovative approach is helping to redefine efficiency in the real estate and property industry through newer technology.

Coinzix is a company founded and based in Bucharest that develops cryptocurrency exchange platforms useful for experienced traders and inexperienced investors. Coinzix contains over 60 crypto assets, enables users to trade via debit card and bank transfer, and provides services such as spot exchange, fiat on-off ramps, and staking. Coinzix’s network has more than ten ATMs in Romania spread around the country.

This Spanish company has built the first peer-to-peer (P2P) real estate trading platform in the world. The goal is to streamline the process and bring some transparency to the market along with it. A real estate or commercial property can be bought, sold, or rented through it.

Paxo Finance introduces a decentralized protocol that enables users to purchase cryptocurrency assets by borrowing from various pools with up to five times the users' assets. With about 80% borrowed capital, the startup allows anyone worldwide to purchase digital assets like tokens, nonfungible tokens, or land in the metaverse. Investors have already contributed $1 million to this open-source initiative.

Avem is a cross-chain DeFi infrastructure with the goal of becoming a Layer 1 Parachain. Using the platform, utility, and security tokens can be traded and held in custody. The startup is founded in Switzerland's Crypto Valley and provides proper access to DeFi through product transparency and descriptive protocols. Avem is a blockchain that utilizes the Ethereum Virtual Machine (EVM) to put real-world assets like commodities, equities, real estate, and fine art onto the blockchain.

A Web3 software called SitYEA enables millions worldwide to work more healthfully and earn money without effort. The startup is introducing an app that aims to assist users in maintaining appropriate posture, taking breaks, managing tiredness, monitoring emotional wellness, and monitoring workplace ergonomics. Through AI algorithms, the program tracks the user’s posture, processes the available data, and notifies them in real time when they need to reposition their bodies.

BitGo is a prominent provider of professional cryptocurrency investment services for institutional investors, offering secure, compliant, and custodial solutions for digital currencies based on blockchain technology. The startup located in Palo Alto has introduced BitGo Portfolio and BitGo Tax, allowing the company to manage and oversee transactions across various wallets, exchanges, and service providers.

Weld Money is a financial technology initiative creating a payment card service that utilizes cryptocurrency. The Weld card offers a cost-effective, user-friendly, and legitimate means to utilize digital currency and other digital balances for daily expenses. Additionally, with Weld card, payment processes are possible in offline and online establishments. Weld Money’s initiative was supported by Ukranian Unex Bank and Mastercard.

KrypCore is a platform that enables the creation, implementation, administration, and expansion of decentralized applications (dApps) without requiring extensive technical knowledge. The web3 enterprise possesses a substantial number of patents in payment systems, digital currencies, mobile wallets, and security. It provides straightforward and readily available software packages to organizations and entrepreneurial innovators. Founded in 2016 in Bangalore, today, the blockchain software company has expanded to the US, India, and the Netherlands.

Based in Paris and founded five years ago, Sorare is a combination of the worlds of sport, gaming, and NFT. Sorare has developed a platform for collective fantasy sports, where users can engage in managing their preferred players, participate in competitions to win rewards, and connect with a vibrant community, all facilitated through tradable digital cards. With a card sales volume exceeding $400 million, Sorare has also secured a partnership with more than 250 soccer clubs.

In the metaverse, GEEIQ (pronounced as "geek") is one of the world's leading intelligence platforms. Among its clients are Ralph Lauren, Gucci, Tommy Hilfiger, and H&M, which benefit from its insights and recommendations, which empower them to make better decisions and demonstrate ROI through Web3.

RabbitHole supports protocols in token distribution by segmenting users using both on-chain and off-chain data. Through the completion of on-chain tasks within different protocols, users can construct an on-chain resume and acquire ownership of tokens. RabbitHole aims to boost protocol participation by providing a more streamlined approach to token distribution to network participants. This method encourages users to increase their ownership of protocols instead of merely speculating.

STAN, an Esports fan engagement platform that leverages blockchain technology, has reached over one million gamers on its platform within just seven months. The mobile gaming App offers users the opportunity to collect, play, and interact with their preferred esports and gaming-related collectibles while earning rewards. Powered by Polygon Blockchain, STAN is also accessible to inexperienced crypto users.

Qredo is now a dominant player within the realms of digital asset management. A London-based startup, the firm succeeds by operating as a platform for the moving of digital assets between different blockchains. By providing infrastructure that is secure, it serves DeFi operators. It works to allows efficient trading and managing of assets.

Buidlers Tribe is an incubator that provides support to founders and startups to build successful businesses and companies. The startup primarily focuses on Web3 companies and identifies suitable startups for investors based on their specific requirements. Additionally, it provides access to a network of experts in the blockchain field. The long-term success of Buidlers Tribe is primarily attributed to the networks that are formed through the DAO.

Based in Brazil and founded in 2022, Credix is a fintech company providing a platform that enables non-bank lenders and fintech companies to convert their real assets and receivables into investment capital. All financing activities are conducted on-chain using USDC and smart contracts. This process results in immediate efficiencies, increased transparency, and more streamlined settlements.

Multis is a French startup that supports numerous web3 businesses in managing their cryptocurrency finances. The company provides assistance in safeguarding, controlling, and spending processes of cryptocurrencies and USD. Further, Multis offers a feature that enables users to send mass payments to a maximum of 60 Ethereum addresses and to convert more than1000 cryptocurrencies in a few seconds.

One of the newer capital market automation startups, Nivaura (now called NowCM) hones in on streamlining instrument issuance and financial administration processes speedier and more economical. With the backing of the London Stock Exchange, the company is helping redefine how finance instruments are managed, making it a leader in Web3 innovation.

Monax Labs is a web3 infrastructure studio that aims to guarantee the safety, security, and legality of NFT transactions. Its solutions are innovative because they tackle the legal challenges related to NFTs, such as intellectual property protection, differentiating between possession and ownership, and the capability to claim ownership over NFTs. Monax Labs is developing Aspen, a groundbreaking platform for NFT creation, management, and transactions, including integrated legal contract management.

Kwil is a decentralized platform that provides a structured data tool for researchers, which enables them to store, query, and incentivize replication of research across a decentralized network in an open manner. The platform combines the openness of blockchain technology with the functionality of existing data stores, allowing more complex and data-intensive applications to be built on the Web3.

Positioning itself as Europe’s first ever crypto bank, Coinhouse is a investment and payment services platform for bitcoin and crypto assets. This French startup serves orhganization’s and consumers with ita digital platform, helping each acquire and retain assets in the digital space. Coinhouse is the future oc cryptocurrencies, and maybe banking?.

Bightinx is an award owning fashion tech company that utilizes AI and Computer Vision to innovate the fashion and retail industry. The app uses unique technology to obtain 3D body scans and precise full-body measurements by taking only two smartphone pictures. This data is then utilized to match apparel fits, predict accurate sizes, and enable mass customization of clothing. By leveraging human body data, Lyfsize helps fashion retailers reduce returns and improve conversions.

Coto is a women-focused Web3 social community platform built on consent and ownership principles. The platform aims to provide women with a safe space to express their perspectives and creativity without a trace of judgment. Coto enables DAOs to participate and vote through governance tokens. Blockchain technology allows the creators to receive revenue directly when supported by users of the platforms.

After Facebook tried (and failed) in its crypto efforts, five ex team members departed to create Mysten Labs, and went on to raise $300 million to create Sui - a new blockchain. Sui is similar to Ethereum, but with greater capacity and a stronger design.

Based in Palo Alto, California, the company is helping to pioneer developing tools that are cutting-edge, to make Web3 more secure for soon to be expected mass adoption.