Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights. This time, you get to discover five hand-picked web3 startups.
Out of 299, the Global Startup Heat Map highlights 5 Top Web3 Startups
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering 2 093 000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 299 exemplary startups & scaleups we analyzed for this research. Further, it highlights five web3 startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these five startups & scaleups in this report. For insights on the other 294 web3 solutions, get in touch with us.
API3 offers First-Party Web3 Oracle Solutions
Founding Year: 2020
Location: George Town, Cayman Islands
Funding: USD 3 M
Partner with API3 for Off-Chain Real-World Data
API3 is a UK-based DAO that develops web3 oracle solutions. The startup’s first-party data feeds, Beacons, provide smart contract developers with reputable, open-source, real-world data like stock and commodity prices. API3 also offers a middleware, Airnode, that connects smart contracts with custom application programming interfaces (APIs). Since verifying off-chain data is the weakest security link in web3, the startup’s solution allows blockchain application developers to tackle this issue. Consequently, it improves data security and transparency while eliminating third-party middlemen and fees.
DEIP advances Decentralized Creator Economy
Founding Year: 2018
Location: San Francisco, US
Funding: USD 4,3 M
Industries: Entertainment, Engineering, Education
Innovate with DEIP for Digital Product Monetization
DEIP is a US-based startup that provides Web 3.0 protocol, tools, and applications for the decentralized creator economy. Its multi-chain infrastructure combines inter-chain operability and asset tokenization to monetize ideas and innovations. DEIP’s non-fungible tokens (NFTs) and DAO-based governance democratize resource access for creators, allowing them to generate revenue. These solutions also allow the creative industries to discover, evaluate, license, and exchange original content and innovations.
Pravica develops a Web 3.0 Communication System
Founding Year: 2019
Location: Cairo, Egypt
Funding: USD 625 000
Industries: Internet Communication, Healthcare, GovTech
Use Pravica’s solution for Blockchain-based Communication
Egyptian startup Pravica builds a suite of encrypted communication services for web 3.0. The startup leverages blockchain for data storage and identity management to provide a secure and privacy-compliant communication platform. Its solution enables companies and government organizations to establish decentralized networks with digital identities different from real-world IDs. This minimizes the chances of malicious interventions, providing enterprises and government organizations direct control over sensitive information without cybersecurity concerns.
AlphaWallet provides a Web3-enabled Crypto Wallet
Founding Year: 2017
Location: Sydney, Australia
Funding: USD 2,3 M
Industries: Hospitality, Entertainment, eCommerce
Reach out to AlphaWallet for Market-ready Ethereum Wallets
AlphaWallet is an Australian startup that develops a web3-enabled Ethereum crypto wallet for businesses. The startup’s open-source solution is vendor-independent and free for commercial and non-commercial use. It offers a range of tools to fork and customize the wallet to specific business requirements. For example, Shakai used AlphaWallet to tokenize VIP tickets for the Fifa World Cup 2018 in Russia. Moreover, its built-in web3 browser allows customers to connect their wallets to decentralized apps (Dapps) for secure transactions, accelerating the adoption of both Web3 and cryptocurrencies.
ThreeFold offers Web 3.0 Infrastructure
Founding Year: 2018
Location: Lochristi, Belgium
Funding: USD 5,11 M
Industries: Telco, FinTech, Internet
Partner with ThreeFold to build a Decentralized Internet
Belgian DAO ThreeFold combines a proprietary solution, Zero OS, blockchain, and smart contracts to enable peer-to-peer (P2P), decentralized internet. The Zero OS readily integrates into end-user devices and allows users to set up network nodes for ThreeFold’s blockchain network. This benefits regular internet users, companies, and developers to improve security and build decentralized communication networks. Besides, the startup rewards users to convert their devices into nodes, promoting asset integration and, consequently, net neutrality.
Discover more Web3 Startups
Web3 startups such as the examples highlighted in this report focus on decentralized infrastructure, cryptocurrencies, secure communication as well as blockchain. While all of these technologies play a major role in advancing the industry, they only represent the tip of the iceberg. To explore web3 solutions in more detail, let us look into your areas of interest. For a more general overview, download one of our free Industry Innovation Reports to save your time and improve strategic decision-making.