Cryptocurrency is a type of digital currency with financial assets centered solely on the Internet. Blockchain technology is considered relatively new, but over the years of existence, it has managed to change the world of transactions.
The rapid growth of cryptocurrencies is constantly attracting new crypto startups. Some of them are gradually disappearing, while others are making incredible strides and attracting millions of users.
According to a CNBC report, cryptocurrency startups raised $25 billion in 2021 alone. The popularity of tokens (NFTs) has further increased investor interest in cryptocurrencies. Experts estimate that the growth of the blockchain industry market will keep rising.
In fact, if you are considering an investment in a sidehustle or in a business with no inventory dependencies, you can consider create your own NFT marketplace. It is an eCommerce niche that is gaining traction in recent times due to rising popularity of NFTs and progression of blockchain technology, and holds tremendous promise in the near future.
Nevertheless, If you’re interested in this area of investing, purely from building a financial asset point of view, it’s essential to know how to promote a successful startup business on Instagram or other online channels that will make you a profit. That’s what we’ll talk about!
Also read: Minimum Amount Required for Options Trading in India: The General instinct of any trader is to find the right trading opportunities at right time, which would help him to deploy the capital at the right place and generate maximum return on his Investment.
What Are Crypto Startups?
Cryptocurrency startups are based on blockchain technology, which has made it possible to exchange digital assets, bypassing traditional solutions.
Today’s crypto startups specialize in different areas:
- Financial technology,
- Cryptocurrency mining,
- Other similar concepts.
Thanks to cryptocurrencies, people can transfer funds with minimal commissions, and the operations have the highest protection level due to cryptography.
The number of people using various cryptocurrencies is constantly growing. Convenient and almost 100% anonymous “web money” is accepted in some countries (even in regular stores). The cryptocurrency market is expected to grow to $39 billion or more by 2025.
Let’s talk about the most promising companies of the current year!
The company was founded in 2018 in Singapore and advertises itself as the best digital goods marketplace for trading via blockchain. In addition, people can create, distribute, and sell their own digital assets on this platform. It uses non-transferable tokens (NFTs) for this purpose.
Features of Mintable:
- Intuitive platform;
- No monthly fee;
- Easy browsing of collections by category;
- Large selection of items;
- Convenient instant payments.
Also, it is worth highlighting the possibility of getting VIP service. In this case, the client will receive priority service and very high-quality support 24/7. Mintable works extensively with crypto influencers onInsatrgam and tiktok. They run campaigns on free influencer marketplaces such as Ainfluencer to find NFT influencers.
Chainalysis was founded in 2014, and it’s based in New York City and offers blockchain-based solutions to commercial companies, banks, and government agencies in over 70 different countries.
A unique advantage of the company is having a comprehensive package integration. With the help of blockchain technology, it strengthens the security of interactions in the online space.
CA is funded from the aftermarket. Chainalysis boasts that its solutions have helped solve several criminal offenses and make the cryptocurrency market safer for everyone.
Features of Chainalysis:
- Its core business is providing security in the crypto/blockchain world;
- Artificial intelligence is used to track user activity;
- The tools enable the detection of stolen funds and ensure privacy.
With Chainalysis, users can safely send money or sell cryptocurrency.
CoinList is a blockchain infrastructure platform that was founded in 2017. It specializes in finding new blockchain projects to help them succeed. It issues new tokens so blue-chip companies can get new holders.
CoinList provides digital NFT credentials to web3 developers through Project Galaxy. Over 10,000 web3 developers have already joined the project just to use the credentials.
Sorare is an original solution based on blockchain technology that allows all fans of fantasy soccer and some other sports to realize the maximum gaming experience. The company was founded in 2018
Features of Sorare:
- Fantasy soccer and baseball games;
- Hundreds of licensed clubs so people can choose their favorite players for lineups;
- Users have the option to collect and trade NFT cards;
- There are competitions, awards, and rankings.
What’s especially fun is that most of the offerings for fantasy soccer fans are free.
JustCarbon was founded in 2021, and its success is largely based on a core value in today’s society: fighting carbon emissions. Buying JustCarbon Removal (JCR) tokens helps reduce carbon emissions.
- One JCR token entails the removal of one ton of carbon from the atmosphere;
- The platform brings together a team of climate, finance, and technology experts.
Thus, the platform aims to facilitate the transition to a low-carbon economy.
The Anchorage platform is designed to provide a complete infrastructure for digital assets (deposits, lending, trading, and banking financial solutions). The company was founded in 2017
Features of Anchorage:
- Cryptocurrency storage;
- All the tools you need to manage your funds;
- Trading tools;
- Banking financial solutions, including deposits and lending.
The company partners with individuals and institutions to provide all necessary financial services with cutting-edge crypto-infrastructure security techniques.
7. Ape Board
Ape Board is both a powerful and very simple platform for crypto business. According to its founders, it was “created by monkeys for monkeys.” The platform is experiencing very active growth, which is likely to continue as cryptocurrency is on the rise.
People are using multiple cryptocurrencies actively to diversify their investment portfolios, and the demand for various cryptocurrency transactions is booming.
Features of Ape Board:
- The platform supports multiple cryptocurrencies;
- Very simple and intuitive interface;
- Availability of all the necessary tools to buy, sell, exchange cryptocurrencies, and perform various transactions;
- Intuitive DeFi cross-chain toolbar, which anyone can use (even those who do not have any tech expertise).
To work with the platform, just add your addresses, and it will track and display their DeFi actions in different chains.
Bitcoins are attracting an increasing number of investors every year. Trading, short sales, and long-term investments have become very affordable. But people want their money to work for them. Moreover, they wish they didn’t have concerns about Bitcoin. That’s exactly what Paxful has bet on.
- Over 350 payment methods to buy and sell Bitcoins;
- A peer-to-peer platform for the crypto investor community;
- Quality customer support.
With Paxful, traders help newbies take their first steps in the cryptocurrency world and scale their bitcoin investments intelligently.
9. CoinSwitch Kuber
CoinSwitch Kuber is a user-friendly and intuitive cryptocurrency trading platform that was founded in 2017. It allows users to buy, sell, and exchange over 80 different cryptocurrencies, including Bitcoin and Etherium. The platform already has over 15 million registered users who trade at the best prices offered by CoinSwitch Kuber.
Securitize was founded in 2017 and is a pioneer in providing digital securities. The company offers financial services technology and tools for working with digital securities through an end-to-end digital trading platform. It serves issuers and investors on a proprietary trading platform with zero investment and trading fees.
The above list of attractive and promising startups related to blockchain technology and cryptocurrencies is far from complete. You can pick any of these companies to use and invest in.
Be sure to study the features of the startup you have chosen. In this case, success awaits you because this market is extremely promising.