Web3 data firm Space and Time is also supported by blockchain oracle firm Chainlink through its startup program.
The classical definition of a startup is the creation of a new business model with the purpose of further development and money raising. In this way, as the blockchain industry has become one of the most popular, innovative areas, any brand-new cryptocurrency-related projects can give great opportunities for investments and subsequent profits. New products and services regularly attract investments by holding crowdfunding campaigns. The market of cryptocurrency startups changes so fast that it’s hard follow. However, there is big space for getting rich just by having an idea that stands out among competitive ones. So generating such an idea and presenting it to the public is what developers do before launching the Initial Coin Offering (ICO), which they use for the the development of the concept.
There are also many fraudulent projects and that is why investors should investigate any startup they are going to spend money on.
Last year, the Akutars NFT collection sold out 15,000 tokens, but a major big saw $33 million worth of Ether (ETH) generated from sales locked into an inaccessible smart contract.1847
Ahmet Usta went from studying aircraft to founding thriving Web3 startups focusing on gaming and NFTs.2182
Crypto insurance is becoming more important as investors and crypto companies look to secure their digital assets.2727
Web3 projects must deliver value beyond a foundation on the blockchain to ensure their life expectancy extends beyond the impending metaverse bubble burst.3410
The number one attribute to succeed in the crypto industry is a “start-up mentality” and the ability to “roll with the punches,” a crypto recruiter tells Cointelegraph.3706
Nuri stated that it has been facing a “lasting strain” on its business liquidity in 2022 due to “significant macroeconomic headwinds and the cooling down of public and private capital markets.”4750
Decentralized storage providers are proving to be the backbone of Web3, but what does this mean for centralized web service providers?6991
A KPMG/HSBC survey finds NFTs and DeFi are more popular with Asian Pacific big startups than EV charging, quantum computing and a host of other new technologies.1980
FTX CEO Sam Bankman-Fried and Solana co-founder Anatoly Yakovenko shared valuable insights for early-stage Web3 founders during a virtual summit.5954
PolySign, Mash, Floor, Euler, Trinsic, KYVE and Atmos Labs headline the latest funding deals from the world of blockchain and cryptocurrency.8711
The new investment vehicle will focus on early-stage ideas as well as projects that are more mature and have already shown some traction.3937
Coworking space founder and billionaire Adam Neumann is trying his hand in the crypto space, raising $70 million for his blockchain-powered climate tech platform Flowcarbon.4667
While Africa has not yet seen a “blockchain mega-deal,” the report notes that crypto unicorns might emerge from the region in two to three years.2952
Crypto-specialist recruiters say they have not witnessed a downturn in crypto-related job opportunities, despite a myriad of staff lay-offs in the wider tech industry.4281