Since AOL and dial-up got us all hooked ⛓, on web 1.0, a lot has changed. Today, tech giants have been making the most of what web 3.0 has to offer. As they’ve competed for dominance, the best web 3.0 companies have begun to emerge 😱.
With Web 3.0, you can expect a transparent and free transmission of data and digital content across the blockchain decentralized ledger technology. But what do you know about the major Web 3.0 companies that offer these advanced technologies 🤔? Stick around for that until the end.
Helium Systems, Inc.: [$19 billion in revenue]1
US-based company Helium specializes in network development and data transformation for the internet of things (IoT) devices. The internet of things is basically all the stuff in our world that is connected to the internet, from phones to wireless printers 🖨 to hospital patient monitoring systems and automated factory assembly lines in tech companies. Wow!
Helium serves the IoT by offering resources and methods for creating sizable, affordable wireless infrastructures powered by blockchain technology 🤳 and blockchain tools. With this infrastructure company, many new systems will be able to move online.
Coinbase Global, Inc. – [$7.84 billion in revenue]
One of the biggest cryptocurrency exchange platforms in the US is Coinbase Global, Inc., also known as Coinbase. In fact, you might have heard 👂 of it already, or even have its app on your phone.
Coinbase is a US-based firm that runs bitcoin trading platforms. It provides a safe online marketplace where cryptocurrency can be purchased, stored, changed, and sold on the crypto market.
In April 2022, Coinbase launched a web 3.0 social marketplace for NFTs (non-fungible tokens). Coinbase then announced the launch of web3 mobile DApps (decentralized applications) and DeFi wallets through the Coinbase app later in May 2022. So, in addition to using Coinbase as a crypto wallet and exchange, you can get your NFT and DApp fix there too 🤩!
Polygon Technology: ($436.3 million in revenue)
Next on our list is India-based Polygon Technology 💻. This decentralized Ethereum scaling platform specializes in providing blockchain networks to different businesses and user bases. It does this by creating user-friendly dApps with low transaction costs.
To promote widespread adoption of web3 user interaction, Polygon Technology introduced a new network for web3 development in May 2022. We can’t wait to see how this big player 😎 affects the web3 user experience moving forward!
ConsenSys – [$52 Million in Revenue]
Located in New York City, ConsenSys is another blockchain software technology business, but it’s not JUST another blockchain software technology business. ConsenSys provides a variety of vital tools and online services for blockchain users and applications. The business’s primary objectives are the creation of the kinds of cutting-edge applications, contemporary financial infrastructure, and decentralized web changes needed to launch web3 into the here and now.
CoinSwitch Kuber – [$50 Million in Revenue]
India’s leading and most reliable cryptocurrency platform is called CoinSwitch Kuber. There are several advantages to CoinSwitch Kuber’s cryptocurrency wallets and customer experience. A big one is the fact that there’s no lock-in time 🔒, which means you can buy, trade, and sell your favorite cryptocurrency from the digital assets provided
As a Web3 accelerator, CoinSwitch Kuber promotes blockchain developers and business leaders by presenting blockchain solutions across entertainment, tools, financial, logistics, agritech, and healthcare.
Web3 Foundation – [$6.9 Million in revenue]
Web3 Foundation is an information and technology organization with its headquarters in Zig, Switzerland. It nurtures cutting-edge applications for decentralized web software protocols with the goal of protecting the decentralization and stability of the web3 ecosystem 🌳.
As a part of this mission, Web3 Foundation’s business models provide finance, advocacy, research, and collaboration to web 3.0 software engineers and open source initiatives. Polkadot and Kusama are two examples of the protocols developed by the Web3 Foundation that offer a stable and safe 💪 environment for cross-chain composability (a major foundation of decentralized technologies).
Alchemy Insights, Inc. – [$3 Million in revenue]
The US-based web3 developer Alchemy Insights, Inc. is another notable player 🎮. It offers a blockchain platform that powers millions of internet users in 197 countries worldwide! Its mission is to provide software solutions, infrastructure, and developer tools to assist businesses in creating dependable apps in a decentralized network.
Alchemy is very interested in ushering in the web3 age, and it puts its money where its mouth is 💵. For instance, it introduced a $25 million award program for web 3 initiatives in July 2022. This program will support the growing utility of NFTs and make DeFi available to businesses, institutions, and at-home traders.
Brave Software, Inc. – [$2.51 Million in Revenue]
Also located in the US, Brave Software, Inc. provides a free and open-source web browser to its customer base. In fact, Brave, its browser, is one of the few online browsers to support Web 3.0 as of August 2022 and is compliant with advanced technologies.
The corporation wants to open up web 3.0 to everyone. In order to improve and widen web3 access, the Brave browser recently announced its connection with the Solana blockchain. You can explore the future internet of web 3.0 with this alliance thanks to reduced transaction costs and faster processing times than Ethereum social networks.
Get the Most out of Web 3.0 Businesses
And there you have it—these are the top web 3.0 business you’ll want to watch out 👀 for (and use!) as of now. Want to keep appraised of the best web 3.0 businesses and other top web3 news? Stay on top of all the latest tech buzz with the Ian Corzine newsletter!