Coinbase Ventures Investment Landscape: Backed almost 400 projects, with Infrastructure and DeFi representing around 50%

Foresight News

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The Coinbase Ventures portfolio has grown to nearly 400 companies, spanning 40+ countries worldwide.

Source: Peng SUN, aididiaojp.eth, Karen, Foresight News

Artwork: Kiet, Foresight News

Coinbase Ventures, established in 2018, is the venture capital fund of the cryptocurrency exchange Coinbase, dedicated to advancing the crypto and Web3 industry, making broad investments in early-stage projects across all categories of cryptocurrency and blockchain technology to enhance global economic freedom.

Coinbase Ventures emerged after former LinkedIn Vice President Emilie Choi joined Coinbase as Chief Operating Officer, where she helped the business development team realize the need to build during bear markets, invest in early-stage crypto companies, and foster strong relationships to drive ecosystem growth. Over the past five years, the Coinbase Ventures portfolio has expanded to nearly 400 projects spanning across 40+ countries globally.

By its own categorization, Coinbase Ventures divides its portfolio into five categories: Protocols & Web3 Infrastructure (27%), DeFi (22%), CeFi (19%), Platform & Developer Tools (16%), and NFT / Metaverse / Gaming (16%), essentially encompassing various aspects of the crypto ecosystem. Notably, the bull market effect in the crypto market in 2021 accelerated the rapid expansion of Coinbase Ventures' investment landscape, with nearly 150 investments made in the past year, averaging a new investment every 2.5 days. In 2022 so far, Coinbase Ventures has again completed around 150 investments, with over 70 investments in just the first quarter.

Despite its broad coverage, insights into Coinbase Ventures' macro view of the entire crypto ecosystem can still be gleaned from its portfolio. Firstly, investments in Web3 infrastructure and protocols make up the largest share, reflecting Coinbase Ventures' fundamental understanding and approach to the crypto ecosystem. Secondly, Coinbase Ventures is most focused on markets and growth, with significant investments in DeFi and NFT markets, lending, liquidity, and asset management. Developer tools lean towards projects that can simplify developer experiences to lower the barrier for Web2 developers to enter Web3. Additionally, Coinbase Ventures places significant emphasis on CeFi projects that can bring about explosive growth.

CeFi

Exchange

Bitnomial is a Bitcoin derivatives exchange.

Bitso is a cryptocurrency exchange based in Mexico.

CoinDCX is an Indian cryptocurrency exchange established in 2018.

CoinSwitch is India's largest cryptocurrency exchange with over 18 million users and 500+ employees. Apart from receiving investment from Coinbase, it has also been backed by leading investors such as a16z, Tiger Global, and Sequoia Capital.

FalconX is an end-to-end institutional digital asset trading platform.

Floating Point Group is a platform that trades, manages, and settles cryptocurrency assets in a faster and more secure manner.

InvestaX is a leading digital securities platform licensed by the Monetary Authority of Singapore (MAS), offering end-to-end solutions for the issuance, trading, and custody of privately placed assets as digital securities. InvestaX leverages blockchain technology to develop cutting-edge tech-driven investment tools, reducing costs, eliminating friction, increasing transparency, and providing secondary market trading for private capital markets.

Lemon is a Latin America-centric end-to-end crypto ecosystem with an exchange as its core product.

Mara is an African crypto exchange platform designed to help young people adapt to emerging technologies, promote more equitable capital distribution by providing solutions that transcend tribes, classes, and cultures, and establish a digital financial system for the sub-Saharan African region.

Pintu is a leading Indonesian cryptocurrency exchange.

Rain is a Middle Eastern cryptocurrency exchange founded in 2017, with subsidiaries in Bahrain, Turkey, and the United Arab Emirates. Since its inception, Rain has facilitated transactions worth over $1.9 billion, amassed over 185,000 active users.

Reku is an Indonesian cryptocurrency exchange targeting professional traders.

Valr is a leading South African cryptocurrency exchange.

Yellow Card is a pan-African cryptocurrency exchange.

Asset Management & DeFi & Liquidity Provision

Alto is a self-directed individual retirement account asset management firm that allows investment in the crypto industry and alternative assets.

Amber Group is a global crypto finance service provider founded in 2017 and headquartered in Hong Kong, with founders from top Wall Street institutions such as J.P. Morgan, Goldman Sachs, Bloomberg, etc.

Bitwise is a cryptocurrency asset management company behind the world's first and largest cryptocurrency index fund.

Block Earner is a blockchain-based fintech company aiming to provide a mainstream high-yield savings account for Australian users.

Casa is a Bitcoin self-custody company that helps crypto investors manage their private keys.

Flint is a crypto investment solution and passive cryptocurrency investment gateway, designed to offer passive high-yield returns to Indian millennial crypto users.

Flowdesk is a crypto financial service company providing liquidity provision, digital asset management, brokerage, and custody services.

Custodia Bank is a Wyoming-chartered crypto bank designed to offer a full suite of banking and financial services to corporate clients looking to enhance regulatory clarity and minimize transaction risk.

ForUsAll is a 401(k) provider that offers cryptocurrency investment opportunities, founded in 2012, providing automated 401(k) management, optional low-cost mutual funds, and human advisory services. Since July 2021, it has partnered with Coinbase, allowing employees in its managed plans to allocate 5% of their 401(k) contributions to Bitcoin, Ethereum, Litecoin, and other cryptocurrencies.

Hashdex is the largest cryptocurrency asset management company in Latin America, aiming to bridge the digital asset world with traditional markets to unlock blockchain's potential for mainstream investors.

Hyperithm is a private digital asset management firm based in Tokyo and Seoul, serving institutional investors and high-net-worth individuals.

One River Asset Management is an institutional digital asset management company headquartered in Greenwich, Connecticut, USA, investing in Bitcoin and other crypto assets.

Meow is a New York-based crypto financial company primarily offering compliant-first solutions for institutional and corporate investors to participate in cryptocurrency investment opportunities.

Multis is a Web3 asset management tool.

Parcl is a Solana-based real estate digital investment platform that allows users to enter the real estate market with no minimum investment, instant liquidity, and low transaction fees.

Qredo is a DeFi infrastructure and digital asset management platform that provides custody, trading, wallets, and payment services for cryptocurrencies.

Wintermute is a rapidly growing algorithmic trading firm and one of the largest participants in the global digital asset markets. It provides liquidity to most cryptocurrency exchanges and trading platforms through algorithms and supports both high-profile blockchain projects and traditional financial institutions entering the cryptocurrency space.

Ridian is an all-in-one cryptocurrency investment platform based in Mexico.

Seashell is a DeFi investment app startup that abstracts stablecoins into high-yield DeFi savings.

Tetra Trust is Canada's first and only regulated trust company for custodial digital assets, aiming to build innovative and robust digital asset infrastructure.

Valkyrie is a leading asset management firm bridging the gap between traditional finance and the emerging digital asset space.

Payments

AirTM is a global P2P payment network based in Latin America.

Eco is a savings and spending app platform that serves as a simple balancer for users to consume, send, save, and earn simultaneously.

Ippopay is an India-based small business payment solutions provider designed for small and medium enterprises, freelancers, and home-based businesses.

Tribal is a fintech payment company and financial infrastructure for Latin American startups.

Wave is a leading mobile money provider in Africa.

Lending

CLST is an institutional crypto lending platform aimed at providing digital asset collateral management features for institutions, including hedge funds, trading firms, asset managers, and banks, offering automated uncollateralized lending and price negotiation and settlement in the short-term lending market.

Credora is a credit oracle that provides users with a secure and efficient marketplace for private credit assessment using secure computation, cryptography, and zero-knowledge proofs, enabling verifiable private computation of risk information from permissioned data sources from CeFi and DeFi.

Dharma is a blockchain platform for programmable, borderless lending.

Hidden Road is a credit service provider for institutional investors, offering technology-driven prime brokerage, clearing, and financing services covering both traditional and digital assets.

Tesseract is a Finland-based institutional digital asset lending company focusing on crypto lending business by accepting deposits from institutions rather than retail clients.

Tax & Accounting

CoinTracker is a cryptocurrency and NFT tax reporting platform.

CryptoTaxCalculator is an Australia-based crypto tax service provider founded in 2018.

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Talos is an institutional digital asset trading technology company aimed at providing technical infrastructure to buy-side institutions and service providers.

Others

Tuned is a marketplace platform specialized in providing monetization strategies for retail investors.

DeFi

Trading & AMM & Liquidity

AlgoFi is a decentralized exchange, lending market, and stablecoin protocol built on the Algorand blockchain.

Charm is an on-chain options protocol providing a simple automated liquidity manager for Uniswap V3, addressing liquidity range selection, rebalancing, and impermanent loss minimization.

CoFiX is a next-generation on-chain decentralized price oracle-driven automated market-making trading protocol that optimizes the continuous arbitrage (impermanent loss) present in first-generation AMMs, aiming to provide traders with the best possible spreads.

DODO Exchange is a Web3-oriented decentralized trading protocol supporting multiple blockchains such as ETH, BNB Chain, Polygon, Arbitrum, Optimism, Aurora, Avalanche, and more. DODO's unique PMM algorithm assists ordinary liquidity providers and professional market makers in providing the best liquidity with minimal capital. The efficient routing algorithm compares prices across the entire network to offer traders the most advantageous trading path.

Foxchain is an open-source cross-chain DEX, now supporting Ethereum and Avalanche C-Chain.

Hashflow is a multi-chain automated market maker DEX. Through the Hashflow protocol, on-chain traders can access the best prices from both on-chain and off-chain trading venues, enabling optimal trade execution with low slippage, zero frontrunning, EVM resistance, and more.

Lemma is a novel decentralized exchange that allows traders to utilize underlying perpetual futures exchange liquidity to execute spot swaps, earning sustainable, market-neutral returns denominated in a USD-pegged stablecoin.

Orca is a Solana-based decentralized exchange that has deployed centralized liquidity pools similar to UniswapV3 called Whirlpools.

Portal is a Bitcoin-native self-custodial Layer 2 wallet and cross-chain DEX that enables unstoppable transactions through private, zero-knowledge swaps.

Raydium is a Solana-based decentralized exchange that operates its own liquidity pools and leverages its funds on the Serum order book.

Rift Finance is a DAO liquidity provider aiming to assist DAOs in deploying governance tokens to deepen token liquidity, create attractive and more secure returns for liquidity providers, without having to relinquish ownership.

Router Protocol is a cross-chain liquidity aggregator that supports networks such as Ethereum, Avalanche, Fantom, Polygon, BNB Chain, Optimism, Kava, among others.

Saddle is a DeFi hub in the Arbitrum ecosystem, an automated market maker tool designed for price-anchored crypto assets.

Slingshot is a decentralized exchange aggregator.

Tokemak is a protocol that achieves sustainable DeFi liquidity. Unlike existing yield aggregation platforms, Tokemak employs a new liquidity management system that caters to both liquidity demanders and providers, reallocating returns based on the platform's internal liquidity dynamics to maximize efficiency in liquidity distribution.

Uniswap is an Ethereum-based decentralized exchange and a leading DEX in the crypto industry. Currently, Uniswap has extended support to Ethereum, Polygon, Optimism, Arbitrum, and Celo networks. On November 30th, a one-stop NFT aggregation trading platform has been launched on Uniswap.

Variational Research is a global algorithmic market maker and liquidity provider focused on digital assets, specializing in designing quantitative systematic strategies to provide liquidity for both traditional and decentralized derivatives.

Voltz is a DeFi interest rate swap AMM protocol that allows users to not only swap between variable and fixed interest rates but also to engage in leveraged interest rate trading. Voltz utilizes a centralized Liquidity Virtual AMM (vAMM) for price discovery and is powered by a margin engine for managing underlying asset exposure. Additionally, Voltz's AMM draws inspiration from Uniswap V3's concentrated liquidity concept, enabling LPs to provide liquidity within a price range, significantly enhancing liquidity capital efficiency.

Lending & Derivatives

Aurigami is a decentralized lending protocol in the Aurora ecosystem.

Block.Green is a Bitcoin mining liquidity DeFi protocol initially built on the Bitcoin core and planned to expand to other chains. Block Green allows Bitcoin miners to borrow using hash power as collateral, enabling Bitcoin holders to lend their assets and earn returns from the Bitcoin produced by these miners.

Cega is a Solana-based DeFi derivatives protocol that offers retail investors exotic derivative contracts and consumer-facing collateralized products. Cega's first exotic option product is the Fixed Coupon Note (FCN), which combines a basket put option with a call option featuring knock-in and knock-out barriers.

Centrifuge is a decentralized lending protocol on the Polkadot ecosystem based on real-world assets.

Compound is a DeFi lending protocol built on Ethereum, Compound III is EVM-compatible, allowing users to use crypto assets as collateral to borrow the underlying asset (USDC). Users can also earn interest by supplying the underlying asset to the protocol.

Contango is a futures protocol incubated by Alpha Venture DAO, building an open-source DEX for futures that settle at expiry without an order book or liquidity pool. When a trader opens a position on Contango, the protocol borrows in the fixed-rate market, exchanges in the spot market, then lends in the fixed-rate market, providing physical settlement at expiry.

DerivaDEX is a decentralized derivatives trading protocol that combines performance with user asset sovereignty.

Euler is a non-custodial lending protocol on Ethereum that allows users to lend and borrow nearly any cryptocurrency asset.

Folks Finance is a capital markets protocol for lending based on the Algorand ecosystem.

Goldfinch is an Ethereum-based decentralized lending protocol that differs from typical DeFi lending protocols in that Goldfinch's yield comes from real-world lending, with investments collateralized off-chain.

HXRO Network is a Solana-based decentralized derivatives trading platform designed to build powerful financial applications.

Ledn is a Canadian crypto lending platform that only supports BTC and USDC, generating client asset yields through lending to qualified institutions. Additionally, the platform undergoes a Proof-of-Reserves every six months.

Mirror is a synthetic asset protocol based on the Terra blockchain, which has previously covered various synthetic assets such as US stocks (Alibaba, Tesla, Robinhood, etc.), crypto assets (BTC, ETH), commodities (crude oil), and has been a leader in the synthetic US stock trading space.

Moonwell is an open lending DeFi protocol based on Moonbeam and Moonriver.

Morpho is a peer-to-peer DeFi lending protocol built on top of lending pools such as Compound and Aave, enhancing capital efficiency of the lending pools and user rates while maintaining the same liquidity and risk guarantees associated with the underlying protocols.

NAOS is a decentralized real-world asset lending protocol that brings high-quality real-world assets with stable cash flows into DeFi lending as collateral, while providing real-world businesses globally with flexible and convenient funding through the decentralized, globally accessible, permissionless nature of crypto assets, thus rebalancing global capital risk and returns.

Notional is an Ethereum-based decentralized fixed rate lending protocol that caters to DeFi, CeFi, institutional traders, and individual users to borrow and lend crypto assets at fixed rates and terms. Notional achieves a state where fixed income-bearing, interest-paying loans can be minted through a collateralized "fCash" Token mechanism. Transferable fCash represents the "claim to future interest payments at a specific point in time" and can be seen as tokenized "zero-coupon bonds."

Opyn is an Ethereum-based decentralized options platform where users can earn returns through options trading or providing liquidity. Opyn enables users to buy, sell, and create options on ERC20 tokens and is a non-custodial options protocol as well as a permissionless insurance protocol. Opyn has gone through iterations with V1 and V2, both of which are considered mostly unsuccessful. The Opyn team has now shifted focus to a new direction called Squeeth.

Panoptic is an Uniswap-based oracle-less perpetual options protocol that allows users to engage in permissionless options trading on any asset pool within Uniswap v3, aiming to address the lack of on-chain options liquidity and optimize for trading speed and cost. For any existing Uniswap v3 pair, Panoptic enables users to create both long and short put or call options.

Parallel Finance is a Polkadot ecosystem DeFi lending protocol that encompasses six features: staking, crowd loans, cross-chain bridge, wallet, DEX, and yield pool.

ParaSpace is a decentralized lending protocol launched by the Polkadot ecosystem DeFi platform, Parallel Finance, allowing users to borrow and lend ERC-721 and ERC-20 assets.

Perennial Finance is a DeFi-native derivative protocol that includes peer-to-peer AMM, zero-slippage pricing, cash settlement, utilization-based funding rates, bilateral leverage, isolated markets, LP flexibility, unrestricted exposure, permissionlessness, and other core features.

Ribbon Finance is a multi-chain decentralized structured options protocol designed to help users profit through various option strategies. Users only need to provide funds, making it suitable for those unfamiliar with the options market but interested in participating.

Satori is a Polkadot ecosystem derivatives platform that combines an AMM with an order book model in the derivatives market.

Solend is an algorithmic, decentralized lending protocol on Solana aimed at achieving high-speed and low-cost lending on the Solana chain.

Synquote is a decentralized options trading platform deployed on Polygon, planning to support over 500 options for assets that typically lack liquidity on layer2 Polygon, Avalanche, and BNB Chain. Synquote unlocks liquidity by enabling traders to get options quotes directly from liquidity providers—a DeFi first.

Synthetix is an Ethereum-based synthetic asset protocol that allows users to mint and trade synthetic assets (Synths). Synths track the price of underlying assets, allowing users to gain exposure to price movements of the tracked assets without needing to own the assets themselves.

Umee is a cross-chain DeFi lending platform in the Cosmos ecosystem, built on Cosmos IBC for staking, borrowing, lending, and interoperable solutions between Cosmos and Ethereum, aiming to be the DeFi hub of the Cosmos ecosystem.

Vega is a Layer2 solution for decentralized derivatives trading, enabling users to launch derivative markets in a decentralized manner, including futures, swaps, and options, while complying with regulations and removing financial intermediaries.

Vauld is a Singapore-based cryptocurrency lending platform. In July this year, Vauld faced a debt crisis due to events involving Luna, Celsius, and Three Arrows Capital, leading to a suspension of user withdrawals, trades, and deposits. The total debt amounts to $402 million, with individual investor deposits totaling $363 million. Crypto lending institution Nexo, during the acquisition process of Vauld, has repeatedly extended the due diligence timeline. Currently, Vauld has been granted an extension of the creditor protection date until January 20, 2023.

Stablecoin

Fei is a decentralized algorithmic stablecoin protocol based on Ethereum.

Reserve is a stablecoin protocol that enables users to mint stablecoins collateralized by a basket of assets, designed to be easily accessible and serve as a replacement for fiat currency.

Auction & Insurance

Bounce is a decentralized auction platform that integrates liquidity mining, decentralized governance, and staking mechanisms.

Nayms is an InsurTech startup based in London, UK, aiming to establish a world-leading, fully regulated on-chain insurance marketplace.

Neptune Mutual is a decentralized parametric insurance protocol that is non-KYC and open to everyone.

Risk Harbor is a transparent, fair algorithmic insurance protocol driven by a fully automated immutable detection mechanism, automatically assessing and paying claims without intermediaries.

Earnings & Staking & Asset Management

Affine is a cross-chain DeFi investment portfolio management platform.

Alluvial is a non-custodial solution provider designed to enable enterprises to harness true native crypto assets and global liquidity mining to establish enterprise-grade liquidity mining standards.

Alongside is a cryptocurrency asset index fund for passive, long-term investment.

Blox Staking is a decentralized Ethereum staking protocol.

ClayStack is a next-generation crypto staking platform and liquidity staking protocol that allows users to stake their tokens and participate in the DeFi ecosystem, earning both PoS staking rewards and DeFi staking rewards simultaneously.

DeBank is a DeFi portfolio tracking app, where users can track and manage all their interactions with DeFi applications in one place, viewing address balances and changes, asset allocations, approvals, pending rewards, lending positions, and more.

Entropy is a decentralized asset custody protocol.

Francium is a leverage yield farming protocol built on Solana, providing users with automated strategies including leverage farming/hedged farming, DeFi portfolio strategy, and intelligent trading strategy.

Instadapp is a multi-chain DeFi management protocol aggregator, currently offering efficient asset management for Aave, Compound, Maker. Instadapp integrates major DeFi protocols using a smart wallet and bridging protocol. Users need to first set up a smart wallet and fund it through MetaMask on the website to use the platform. All user wallets are unified under Instadapp smart contracts, and users do not own private keys or mnemonic phrases.

Katana is a risk-reward protocol based on the Solana blockchain, offering competitive APY for staking various digital assets.

Keep Network is a decentralized Bitcoin solution on Ethereum, where tBTCv2 will allow users to securely and trustlessly bring Bitcoin to Ethereum for participation in DeFi.

MoHash is a DeFi protocol that provides investors with sustainable, scalable, high-yield returns backed by real-world debt assets. The protocol issues an ERC-20 token (MoH token) that reflects ownership of a diversified pool of debt instruments, which undergo risk management and financial oversight to protect investor interests.

Ondo Finance is a structured protocol, an open, permissionless, decentralized investment bank. It allows users to stake LP tokens on a DEX and manage funds, offering users a choice between fixed yield and variable yield, where variable yield can provide users with additional returns or losses.

Percent is a private lending investment platform that provides private lending investment opportunities to investors, along with extensive performance and borrower data to help investors track their investments.

RealtyBits is a Web3 infrastructure provider for issuing, owning, and managing real-world assets on an immutable ledger.

Saffron Finance is a peer-to-peer risk-adjusted protocol that tokenizes on-chain assets, providing greater flexibility to liquidity providers with uninterrupted access to their underlying collateral, while enabling leveraged yield farming and customized risk management.

Gnosis Safe is an Ethereum-based digital asset management platform.

Securitize is an alternative digital asset investment platform for asset issuers and investors.

Set Labs is a Web3 asset management platform that provides financial infrastructure tools for everyone, currently supporting Ethereum, Polygon, Optimism, and Avalanche networks.

SolStreet Finance is a non-custodial asset management and investment protocol in the Solana ecosystem that enables anyone to launch decentralized hedge funds into the market.

Stader is a multi-chain liquidity staking platform that is building modular smart contract infrastructure. Compared to other node operators, Stader's key advantages are auto-compounding and airdrop claiming. Currently, Stader supports Polygon, NEAR, Fantom, BNB Chain, Hedera, and Terra 2.0, with plans to add Ethereum support.

Staked is a non-custodial staking platform that operates as secure, high-performance, cost-effective block production nodes for decentralized PoS protocols on behalf of institutional investors. Its multi-signature and watchtower node architecture provide stakers with an ideal combination of security, scalability, and decentralization, allowing investors to easily compound their holdings securely within PoS networks. On December 21, 2021, Staked was acquired by the cryptocurrency exchange Kraken.

Vertalo is a digital asset lifecycle management solution founded in 2017.

Zapper is a DeFi asset management protocol.

Cross-Chain

Axelar is a universal interoperability protocol that enables decentralized networks to connect to L1 blockchains.

Cashmere Finance is a LayerZero-based MEV-resistant DEX aggregator, and its products are not yet live.

Chainflip is a native cross-chain DEX that facilitates automatic cross-chain exchanges between blockchains using an Automated Market Maker (AMM) model without requiring user identity verification.

Connext is a cross-chain bridge and interoperability protocol for general message passing.

Composable Finance is a cross-chain, cross-layer, and composable DeFi infrastructure supported by Ethereum Layer 2 and Polkadot, aiming to address pain points in current DeFi interoperability and achieve a future of seamless interoperability.

Hop Protocol is a protocol for fast and trustlessly transferring tokens across Rollups and their shared Layer 1 network.

LayerZero is a trustless cross-chain communication protocol that leverages the technology of light nodes to separate the trust assumption layer of an intermediate chain, offering higher security at a lower cost.

LI.FI is a cross-chain bridge and DEX aggregator that allows users to convert any on-chain asset from one chain to any asset on another supported chain within its asset range.

Nomad is a cross-chain interoperability protocol.

Polymer Labs is an IBC-based multi-cluster network protocol (Polymer) designed to provide cross-ecosystem end-to-end IBC connections, making it easier for non-IBC blockchains to interact with IBC-based chains.

Socket is a cross-chain protocol supporting asset swaps between Arbitrum, Avalanche, BNB Chain, Ethereum, Fantom, Optimism, Polygon, Gnosis Chain, and Aurora, integrating bridge solutions such as Hop, Polygon Bridge, Hyphen, Arbitrum Bridge, Celer, and others.

Infrastructure

0x is a DEX infrastructure and DeFi liquidity aggregator.

Acala is a DeFi hub in the Polkadot ecosystem, powering the aUSD ecosystem.

Alta Labs is a DeFi project based on the Aptos blockchain, currently not yet launched.

Flux Protocol is a NEAR-backed trustless data layer and cross-chain oracle aggregator that provides smart contracts access to any economically secured data. Each component of the protocol is designed to be maximally open-source, permissionless, and trustless, allowing individuals and communities to design and develop custom solutions for data provision and retrieval.

Gauntlet is a financial modeling platform that leverages industry-grade techniques from algorithmic trading to provide insights for on-chain protocol management, simulating adjustments of a protocol's key parameters to improve capital efficiency, fees, risks, and incentive mechanisms.

RedStone Finance is a DeFi oracle that stores non-standard data on Arweave and delivers it to all EVM-compatible chains.

SupraOracles is a decentralized cross-chain oracle solution.

UMA is a decentralized optimistic oracle and dispute resolution system that allows any type of data to be brought on-chain. Oracles provide data for projects such as cross-chain bridges, insurance protocols, custom derivatives, and prediction markets and can also be used to create a myriad of other products and protocols.

Umoja Labs is a blockchain-based DeFi neobank for Africa focused on establishing payment infrastructure to empower people with access to digital finance.

Other

Alliance DAO is a leading Web3 startup accelerator and founder community.

bloXroute is a provider of a Blockchain Distribution Network (BDN) for DeFi traders on Ethereum, Polygon, and BNB Chain.

Cozy is an open-source protocol providing a platform to programmatically shield assets from loss, enabling investors to engage in automated and trust-minimized protection markets, mitigating risks commonly associated with decentralized finance (DeFi) markets and applications.

Endaoment is an on-chain provider of philanthropic financial services and tax-exempt community foundation, offering the first crypto-native DAF (Donor Advised Fund) platform to facilitate large-scale crypto-native charitable giving.

Harpie is a fully trustless on-chain firewall provider, aiming to protect Ethereum wallet users, allowing them to establish a "trusted network" composed of the applications and users they want to send tokens to. Any transactions outside of this network are identified as theft and blocked.

Immuna is a risk management platform for institutional investors, providing real-time monitoring of on-chain vulnerabilities and abnormal transaction events to protect investors from exploits and economic downturns.

Jambo is a new super app focused on bringing Web3 to the African market, offering a full suite of Web3 products to the African people.

StableHouse is a regulated platform for stablecoin payments and foreign exchange transactions, providing real-time cross-chain payments in a global digital currency settlement venue.

NFT & Metaverse & Gaming

NFT Social

Cymbal is a social platform showcasing NFTs on Ethereum and Solana, aiming to bring more community and social features around NFT ownership.

Gallery is an NFT social showcase platform where users can display their NFTs, connecting with other NFT collectors who own similar pieces to establish social connections.

Nifty's is a social platform specifically for NFTs, bringing together top creators, collectors, and fans on one platform where community members can create, collect, and showcase NFT artworks.

Market & Liquidity & Lending

Backed is an NFT lending protocol that allows users to borrow using NFTs as collateral and earn interest from NFT-backed loans.

Bitski originally set out to build a wallet that could be embedded in crypto apps, but later pivoted to an NFT marketplace aiming to become the "NFT Shopify."

Bridgesplit is a Solana-based NFT liquidity and yield platform that aims to bridge NFTs and DeFi by providing a scalable infrastructure layer to address the issues of NFT illiquidity and inefficient capital allocation. It focuses on NFT indexing and fractionalization, featuring fractionalization, floor index, curation index, exchange, liquidity pools, farming, group bidding, and NFT analytics.

Eternal is a video and game NFT marketplace based on the Flow blockchain. Eternal collaborates with creators and esports players to turn their videos from their streams and games into moments that fans can collect or trade. Eternal raised $4.5 million in funding in September last year with investment from Mark Cuban. In Eternal's NFT secondary market, a 5% fee goes to Eternal for network and operational expenses, while 10% goes to the creator. In October this year, Eternal announced it was shutting down.

Fractal is a Solana ecosystem gaming NFT marketplace aiming to create a more secure trading environment for NFT games and provide promotion and distribution services. Fractal's Game NFT Launchpad follows a strict audit process and provides NFT-Fi services with gaming features such as lending, staking, and fractionalization.

Magic Eden is a leading NFT marketplace in the Solana ecosystem, currently offering diversified services such as an NFT trading platform, NFT Launchpad platform, whitelist management, and game empowerment.

MakersPlace is a digital art NFT marketplace founded in early 2018. MakersPlace maintains strict control over the quality of crypto art, with every artwork on its platform being digitally signed by the creator on the blockchain.

Mint Songs is a music NFT trading marketplace based on the Polygon blockchain, now also supporting the Ethereum network. It aims to help creators mint music and album cover art NFTs for free, as well as build Web3 fan communities. After artists mint music NFTs for free, they can sell the NFTs on the platform's marketplace, receiving 95% of the revenue from the initial sale and a 10% royalty on secondary sales. All music NFTs are stored on IPFS.

Mintbase is an NFT minting and sales platform built on NEAR Protocol, focusing mainly on NFT categories such as tickets, music, and art.

NiftyApes is an NFT lending protocol that will allow users to borrow against NFTs from any collection.

OpenSea is the world's first and largest NFT and crypto collectibles marketplace. In May of this year, OpenSea announced the launch of the new Web3 marketplace protocol, the Seaport Protocol, designed for secure and efficient NFT trading.

Pawnfi is an NFT and Non-Standard Asset (NSA) decentralized liquidity protocol aimed at providing fair evaluation, liquidity borrowing, and leasing markets for non-standard assets. In addition to supporting mainstream assets, Pawnfi can cover non-standard assets such as NFTs, LP Tokens, tokenized financial products, and less liquid standardized tokens.

Rarible is a comprehensive NFT trading platform built on Ethereum, with a primary focus on being a user-friendly gateway to the NFT world, facilitating easy buy/sell transactions of NFTs while ensuring ownership rights.

Sound is an Ethereum-based music NFT marketplace where the fractional NFT platform allows artists to host a listening party for a new song and release it in a limited edition NFT format. The earlier-launched Sound Protocol provides a permissionless base layer where artists can freely deploy their smart contracts (charging a 5% primary sales fee), with the corresponding smart contracts owned by the artists and immutable. Data is uploaded in a decentralized manner to Arweave for permanent preservation, the Mint format can be customized based on each song, and supports end-to-end royalties for primary and secondary sales.

Sturdy Exchange is an NFT marketplace based on the Flow blockchain, offering a music NFT curation experience for music token collectors. Sturdy Exchange stands out by implementing a fully customizable royalty structure for each transaction and allowing payments via fiat and simple bank transfers.

Zora is an NFT art and marketplace platform. In January of this year, Zora launched the V3 version, introducing features such as "Buy Now," instant royalty payments, and commission mechanisms. Subsequently, the platform has released the ZORA API for developers to easily create their own NFT marketplaces, applications, and platforms. They also introduced the Creator Toolkit whitelist feature, allowing users to select specific wallet addresses to let certain community members mint from their personal collections early. Recently, ZORA launched the NFT tool Zora Drops, enabling creators to mint a series of NFTs for multiple images, audio, or video content at once, facilitating the creation, management, and sale of their Drop series.

Blockchain Gaming

Ancient8 is the largest blockchain gaming guild in Vietnam, aiming to develop a platform that allows their community to play and build in the metaverse while earning monetary rewards. Ancient8 nurtures its community through investment, scholarships, and education and has grown into one of the most successful gaming guilds. Currently, Ancient8's guild structure is relatively simple and flexible, with a single entity owning all its assets and investments, but it is moving towards a DAO model with a focus on greater decentralization.

Animoca Brands is a venture capital and software gaming company that develops digital property for gamers through NFTs and games to build an open metaverse. Animoca Brands has a strong focus on the NFT and metaverse space and has made early investments in various unicorn companies in the crypto industry, including Sky Mavis, OpenSea, Decentraland, and Sandbox, driving the growth of the NFT industry.

Avalon is a game studio building a haven.

Azra Games is a Play-to-Earn blockchain gaming company aiming to deliver high-quality, unique collectible and battling games on the blockchain. Its CEO, Mark Otero, is the creator of the game Star Wars: Galaxy of Heroes, and the company is currently developing its first combat role-playing game, Project Arcanas.

Bling Financial is a fintech platform that creates mobile crypto gaming apps, offering users cryptocurrency rewards such as BTC and ETH.

Branch is a Web3 gaming startup that raised $12.5 million in May this year. Branch has launched the island sandbox survival game Castaways, inspired by Animal Crossing and Minecraft, with a Free-to-Play model.

Clockwork Labs is a studio focused on blockchain games and the developer of the blockchain game BitCraft. In June this year, Clockwork Labs raised $22 million in a Series A funding round led by a16z.

Dapper Labs is an NFT developer and the creator behind CryptoKitties, NBA Top Shot, and the Flow blockchain. Their mission is to introduce the value of blockchain technology to consumers through engaging games, making the world more open and trustworthy.

Horizon Blockchain Games is a startup focused on Web3 game development, aiming to bring the symbiotic economy and power of Web3 and Ethereum to players, consumers, developers, and more through its products. On October 4, the company raised $40 million in Series A funding, with participants including major traditional video game companies such as Ubisoft and Take-Two Interactive.

Joyride Games is a Web3 game development platform for game creators, offering tools for game developers to build, launch, and scale blockchain games on iOS, Android, and Unity. Game creators can introduce NFTs and tokens into the mobile esports, casual, and social gaming space through Joyride. Joyride provides an integration channel for them and also allows game assets to be minted as NFTs for sale to players, who can then trade them through Joyride and other partner marketplaces.

Limit Break is a Web3 game startup founded by world-renowned game designers Gabriel Leydon and Halbert Nakagawa. Limit Break is the parent company of the NFT project DigiDaigaku, which introduced the concept of Free-To-Own narratives.

SkateX is a game studio on the Solana ecosystem and the debut free-to-play MMO game from the new developer Studio Tackle.

Summoners Arena is a Play-to-earn RPG game on the BNB Chain, featuring a full-fledged economy and community known as Summonia, where users can acquire assets and interact using NFTs.

Third Time Games is a start-up game development studio and a pioneer in virtual horse racing games. Currently, Third Time has developed two blockchain games: Photo Finish LIVE and The Suites. The company is considered one of the true blue chips in the Solana ecosystem.

Metaverse

Altered State Machine is a metaverse platform for training and creating AI agents, allowing people to own an artificial intelligence and machine learning model, defining what it learns over time. Owners pair the NFT intelligence (brain) with NFT artwork (form) to create their ideal agent. ASM's first proof of concept is AIFA, a soccer game that utilizes a combination of Unity, IPFS, and the example Training Gym.

Anima is a Web3 platform and studio specifically designed to provide augmented reality for NFTs, making the virtual world a reality through collaborations with artists and innovative creators.

Arkive is a decentralized physical museum. In July of this year, Arkive began operating in the form of a DAO, allowing people to access art and collectibles from the traditional art collecting realm that would otherwise be completely out of reach for the average person, ensuring democracy. The DAO admits a limited number of members each week, who can earn corresponding token rewards by contributing to the organization, with projects included being tied to themes voted on by members.

Everyrealm is a metaverse project developer aiming to shape the metaverse through investment, management, and development of assets, including NFTs, virtual real estate, metaverse platforms, games, and infrastructure.

Genies is a virtual avatar technology company and NFT startup that provides tools for creating virtual characters, clothing, and other NFTs, and operates an NFT marketplace. In March of this year, former Disney Chairman and CEO Robert Iger invested in the NFT startup Genies and joined its board.

Jadu is a Web3 augmented reality gaming startup developing an AR mobile app that can connect to players' Ethereum wallets, allowing users to turn their 3D animated NFTs into playable avatars. The app has completed beta testing and can integrate avatars from NFT collections like Deadfellaz, Cyber Kongz, FLUFs, and some avatars from The Sandbox video game.

Yuga Labs is the development company behind BAYC and also owns the MAYC and BAKC NFT projects, holding the IP for CryptoPunks and Meebits. The team's metaverse project Otherside aims to build a large-scale multiplayer online role-playing game, integrating multiple NFT products including BAYC to create a "gamified," "fully decentralized," and "interoperable world." Additionally, as a community member of the ApeCoin DAO, Yuga Labs has launched APE as its ecosystem token.

Infrastructure

bitsCrunch is an NFT analytics and security company that provides NFT tracking and analytics services, leveraging AI identification tools to offer security services to users in the NFT ecosystem.

Collective is a platform that tracks, analyzes, and engages with the NFT community.

Curio is an NFT analytics and exploration tool that helps users browse and track NFT data such as rarity, floor price, average price, quantity, etc. Users can delve into a specific collection to get comprehensive information and even filter by attributes.

Gomu is an NFT infrastructure company that has introduced two products: customizable NFT community management features and the NFT Hub trading marketplace, along with the liquidity incentive protocol Collection.xyz.

Highlight is an NFT platform focused on community-building tools, providing minting tools for creators without coding or crypto backgrounds. On Highlight, creators can earn rewards and access to a collector community by selling NFTs.

MIRA is an industry standard for fingerprinting art, collectibles, and luxury items, allowing the reidentification of precious works across time and space, safeguarding the art world from forgery and fraud.

Pinata is an NFT media management platform.

Venly is a Belgium-based blockchain technology provider, formerly known as Arkane Network, offering solutions such as digital wallets, an NFT marketplace, NFT tools, and more. The company's Application Programming Interface (API) platform has brought groundbreaking innovation to prominent companies in the blockchain gaming space, including The Sandbox, Aavegotchi, Bondly, Shopify, and other industry leaders.

Other

Royal is a music tokenization platform where artists can sell ownership of their songs to fans in the form of NFTs. NFTs with different rights weights offer varying levels of benefits and therefore have different values. Royal tokenizes song royalties to enable fan-creator economic sharing, aiming to disrupt the control exerted by traditional centralized platforms.

ScienceMagic.Inc is a Web3 consultancy aiming to advise brands, talents, and their communities on creating digital assets and participating in the Web3 economy.

Yoz is an NFT platform that aims to integrate GTM into existing Web2 interfaces.

Web3 Infrastructure

Public Blockchain

(O)1 Labs is the development team behind the lightweight blockchain protocol Mina Protocol, focusing on zero-knowledge proof cryptography.

Aleo is a decentralized open-source platform that supports private and programmable applications.

Anoma is a privacy-focused PoS public blockchain that enables off-chain, asset-agnostic cash and private exchange transactions among an arbitrary number of parties.

Aptos is a Layer1 blockchain built by former Meta (formerly Facebook) developers, utilizing the Diem programming language Move and Diem-BFT consensus mechanism.

Astar Network is a smart contract platform on the Polkadot ecosystem, supporting Wasm, EVM, and layer-two solutions simultaneously.

Celestia is a modular blockchain network that advocates for splitting the functions of a single blockchain—such as consensus, settlement, execution—into different layer-blocks and then optimizing these function-specific blocks to enhance performance.

Celo is a Layer1 public blockchain with a focus on a payment network.

Deso is a social-focused Layer1 blockchain.

Evmos is a Cosmos ecosystem scalable, high-throughput proof-of-stake blockchain that is fully EVM-compatible and interoperable with Ethereum.

Mysten Labs is a Web3 infrastructure startup founded by four former Meta engineers and serves as the development team for the Sui Network public chain project. In September this year, Mysten Labs raised $300 million, led by FTX Ventures, with participation from a16z Crypto, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, Coinbase Ventures, Circle Ventures, Lightspeed Venture Partners, A&T Capital, and others.

Mina is a next-generation blockchain addressing the issue of state bloat, maintaining a fixed block size of around 11 kB using zk-SNARKs.

Moonbeam Network is a Polkadot-based, Ethereum-compatible smart contract platform designed to help developers easily build native interoperable applications.

NEAR is a PoS public blockchain that achieves scalability through sharding and implements cross-chain interoperability through the Rainbow Bridge and Layer2 solution Aurora.

Polygon is a blockchain built on top of Ethereum's Layer 2 scaling solution, enabling developers to build scalable DApps with low transaction fees without sacrificing security.

Persistence is a specialized Layer 1 blockchain based on Tendermint, powering the DeFi app ecosystem, focusing on unlocking liquidity for staked assets, aiming to build a comprehensive ecosystem around decentralized applications, adding value to XPRT's value accrual.

Sei is the first parallelized Cosmos chain and a native DeFi blockchain in the Cosmos ecosystem. Sei is designed for high-throughput transactions, enabling processing of independent transactions simultaneously to increase overall throughput and reduce latency, featuring MEV resistance, EVM and Cosmwasm compatibility, and partial permissioning.

Spacemesh is an open-source programmable cryptocurrency platform supported by a novel Proof of SpaceTime (PoST) consensus protocol, aiming to create a decentralized blockchain smart contract computer and cryptocurrency.

Subspace Network is an open and scalable storage and compute platform interoperable with any Layer 1.

Scalability & Layer 2

Arbitrum is a Layer2 scaling solution that has launched the EVM-compatible Optimistic Rollup "Arbitrum One" mainnet (to be migrated to Arbitrum Nitro) and a new chain, Arbitrum Nova, based on AnyTrust technology.

Aztec is a privacy and scaling solution based on ZK Rollup.

ImmutableX is a Layer2 solution focused on gaming.

Milkomeda is a Layer 2 Rollup protocol that provides EVM capabilities for non-EVM blockchains.

Optimism is an Ethereum Layer2 scaling solution utilizing Optimistic Rollup.

Starkware is an extension solution based on STARK, with two main products: the scaling engine StarkEx built on the Ethereum mainnet and the decentralized ZK-Rollup StarkNet.

zkSync is a scaling solution based on the ZK Rollups architecture, designed to expand Ethereum's technology and value without compromising security and decentralization, accelerating the mass adoption of cryptocurrency.

Development

Alchemy is one of the largest unicorns in blockchain infrastructure and Web3. With a massive valuation of $10 billion in 2022, Alchemy provides a simple backend for Ethereum blockchain development for Web3 developers and companies.

Biconomy is a blockchain development tool provider aimed at helping blockchain developers easily build their Web3 projects.

Bison Trails is a blockchain infrastructure platform that helps accelerate the global adoption of blockchain technology. After being acquired by Coinbase, Bison Trails has become part of Coinbase Cloud.

ConsenSys is an Ethereum infrastructure development company, with a product suite including Infura, Quorum, Truffle, Codefi, MetaMask, and Diligence, serving millions of users and supporting billions of blockchain requests. This enables developers, enterprises, and users worldwide to build next-generation applications, launch modern financial infrastructure, and access decentralized networks.

Fleek is a Web3 developer platform for deploying and managing smart contracts, aiming to build an interface and protocol layer that enables access to foundational Web3 services such as storage, hosting, and billing, with initial primary focus on content delivery markets.

Kurtosis is a Web3 developer tooling system designed to streamline tools for Web3 developers, currently serving the Ethereum, Avalanche, and NEAR ecosystems.

Massive is a cross-platform software development kit that allows application users to opt to utilize a small amount of their unused compute resources to pay for premium features, content, or services.

Moralis is a Web3 development platform that provides developers with infrastructure to build and deploy cross-chain applications, games, and NFTs, now supporting rapid DApp building and deployment on Ethereum, BSC, Polygon, Solana, and Elrond, with all Moralis DApps inherently cross-chain.

Obol is a trust-minimized staking ecosystem that enables people to create, test, run, and coordinate distributed validators.

Shinami provides developer-centric Sui API and node services, with registration available for early VIP access. Additionally, Shinami offers high-performance, dynamically scalable infrastructure for building unique DApps beyond just running nodes, reducing time and cost required to build DApps.

SimpleHash is a multi-chain NFT API project that allows Web3 developers to query all NFT data from a single API, index multiple blockchains, handle edge cases, provide fast media CDNs, and integrate in just a few lines of code.

Thirdweb is a Web3 developer platform and development framework that offers pre-built smart contracts and SDKs to help developers create various products, while also providing a dashboard for development teams to track and manage on-chain contracts.

Tenderly is an Ethereum development platform focused on developer needs, offering services such as monitoring, testing, and deploying smart contracts on Ethereum.

Textile has developed a unique technology called Threads, which acts as a private, encrypted personal database built on IPFS. The Filecoin tools on Textile allow app developers to store data on Filecoin and provide them with APIs to integrate into their existing platforms.

Wallet

Demox Labs is a privacy-focused lab aiming to build privacy-preserving ZK infrastructure on the programmable privacy network Aleo, and has released the top-tier privacy-protecting Leo Wallet on the Aleo blockchain.

Dfns is a keyless crypto wallet designed to encrypt the wallet's private key through sharding and distribute these shards in a peer-to-peer network to safeguard digital assets.

Liquality is a multi-chain wallet with built-in exchange capabilities.

Linen is a DeFi and Web3 self-custodial multisig wallet.

Momentum Safe is the first multisig wallet on the Aptos chain, providing an additional layer of protection for account assets and resources by introducing an account shared and operated by multiple parties to mitigate single points of failure present in single-signer wallets, catering officially to investment firms, project teams, DAOs, and similar organizations.

OneKey is a hardware wallet company.

Pine Street Labs is a crypto infrastructure company that focuses on supporting enterprise crypto wallets for any blockchain. Currently, Pine Street Labs offers a non-custodial crypto wallet API, "walletOS," for streamlining workflows, building transactions, and deploying wallets for any blockchain, enabling enterprises to utilize crypto assets across 12 different blockchains.

WalletConnect is a Web3 communication infrastructure that facilitates secure connections between wallets and DApps.

Web3Auth is a distributed key management EOA wallet that utilizes sharded private keys for passwordless authentication and supports mainstream social account logins.

Security

CertiK is a blockchain and smart contract security provider offering services such as security audits, penetration testing, and a decentralized insurance platform.

Certora is a smart contract security analysis tool that enhances smart contract security through formal verification and Runtime Verification.

Chaos Labs is a blockchain security firm focused on safeguarding blockchains and protocols through robust simulations such as powerful agents and scenario-based approaches.

Curv is an institutional full-stack digital asset security technology provider that offers asset protection, instant availability, and complete asset autonomy through MPC (Multi-Party Computation). On March 8, last year, Paypal announced the acquisition of Curv.

Macro is an intelligent contract auditing company dedicated to protecting and educating leading Web3 projects.

Eventus is a provider of trade surveillance and risk management tools across multiple asset classes.

Metrika is a community-driven blockchain monitoring and analytics platform that enhances network reliability and performance by providing end-to-end visibility and operability into the health of blockchain networks.

OpenZeppelin / Forta is a blockchain security company that has incubated the Forta project for real-time monitoring of smart contract security. Through independent node operators scanning all transactions, it identifies anomalous transactions and threats to smart contracts. When issues are detected, node operators notify subscribers of potential risks, enabling them to take automated defensive measures.

Sardine is a digital anti-fraud solution and crypto settlement platform that offers instant, risk-free ACH (Automated Clearing House) settlements to fintech and crypto companies, enhancing fund movement efficiency, reducing fund delays, and mitigating payment fraud risks. Serving as a bridge between crypto assets and fiat assets, Sardine empowers traditional businesses to enter the crypto space.

Data Analytics & Indexing

Amberdata is a digital asset data provider that offers data and insights on blockchain networks, crypto markets, and DeFi to financial institutions to facilitate institutional adoption of digital assets.

Blocknative is a real-time Web3 infrastructure that provides a mempool explorer, including address tracing, internal transaction tracing, unsuccessful transaction information, and replaced transaction information. The Gas Platform Observer views transaction gas fees from a blockchain perspective to ensure the timely and accurate delivery of the provided data.

Coin Metrics is a cryptocurrency market data analytics tool that can be used on-chain and off-chain, providing market visualization tools, data feedback, indices, price references, and metrics.

Covalent is a blockchain data querying and indexing platform that offers a unified API, allowing developers to reuse queries across multiple blockchains. Currently, it supports Ethereum, BNB Chain, Avalanche, Ronin, Fantom, Moonbeam, Klaytn, HECO, SHIDEN, and mainstream Layer 2 networks.

Dune is a community-driven blockchain data analytics platform. Dune first opened up autonomous querying to users, boasting the largest analyst group and user community. Analysts with PostgreSQL writing skills can freely utilize on-chain data to write custom queries, perform analysis, and visualize data. Currently, Dune supports data querying for Ethereum, Polygon, BNB Chain, Solana, Optimism, and Gnosis Chain.

Etherscan is a free Ethereum blockchain explorer and analysis tool used to inspect and analyze all data stored on the Ethereum blockchain. It allows users to search and examine historical information by address, transaction hash, block height, token name, etc. It provides additional resources such as an ETH unit converter, tag clouds, and contract verification tools.

Flipside Crypto is a community-supported DeFi and blockchain data analytics project that, like Dune Analytics, enables users to query complex data using simple SQL statements through visual tools and autogenerated API endpoints. Users can also copy and edit SQL queries that others have already generated.

Hyperspace is a Solana blockchain-based data analytics website designed to build an NFT transaction aggregator that helps users buy NFTs on mainstream Solana chain NFT markets and access all transaction price information in one place.

Messari is a US-based crypto data analytics and research firm headquartered in New York, leveraging open-source tools to build a blockchain database storing data such as project funding, development history, governance structure, and supply schedule of various blockchain projects. It aims to help investors, regulators, and the public understand this revolutionary new asset class of cryptocurrency and create data tools to drive informed decision-making and investment.

Nansen is a blockchain data analytics and research platform. Among its many data dashboards, the two most popular ones are Token God Mode and Wallet Profiler. Additionally, there are diverse crypto data offerings like multi-chain data dashboards, DeFi heaven, and DAO analytics.

Nomics is a cryptocurrency data analytics platform that provides institutional crypto investors and exchanges with professional-grade market data APIs.

Nxyz is a multi-chain indexing product suite that exposes real-time blockchain data through a low-latency API. Currently, Nxyz has onboarded over 4000 DApps and provided them with various endpoints featuring different patterns and routing systems.

Spindl is an on-chain tracking and monitoring tool that pairs data from sources like Discord posts, Reddit threads, ads, and other web links with on-chain activities such as purchases, sales, and trades to create profiles that help Web3 projects understand traffic sources.

The Graph is an indexing protocol for querying networks like Ethereum and IPFS, where anyone can build and publish open APIs called subgraphs to make data more easily accessible.

Community Management & Governance

Bonfire is a Web3 community management tool that is currently building infrastructure to enable creators to establish their own brand platforms empowered by social tokens and NFTs, unleashing online community ownership.

Samudai is a DAO management platform planning to public test by late 2022, providing a full suite of productivity tools for DAOs, including a Web3-native project management framework, team graph and analytics dashboard, and curating a list of Web3 professionals.

Utpia Labs is an operating system that provides collaborative payroll and expense management for DAOs.

Backdrop Labs is a Web3 project aimed at connecting tokenized communities.

Commonwealth is an integrated on-chain community management platform for collective discussions, voting, and project funding.

Otterspace aims to help DAOs grow their numbers from a hundred members to a million by providing Web2 users with a clear, direct, and familiar DAO joining and contributing experience.

Snapshot is an off-chain governance client with no fees, known for its easily verifiable and hard-to-dispute outcomes, supporting various voting methods to meet the needs of different organizations.

Identity & DID

Disco is a tool for managing Web3 identities and credentials.

Galxe is a Web3 credential data network that is building a Web3-based decentralized identity system through credential data.

Incode is an identity verification (IDV) and authentication platform driven by biometric technology and computer vision.

Namebase is a developer for Handshake domain names. Handshake top-level domains are distributed through on-chain Vickery auctions, where the highest bid determines the auction winner, but the highest bidder only pays the second-highest bid.

Spruce is a digital identity authentication system. Its product suite provides the support for the portable reputation necessary for users' identity verification, credentials, and storage, offering decentralized access control to data and interoperability between Web2 APIs and Web3.

Unstoppable Domains is an NFT domain provider dedicated to creating a digital identity for everyone on Earth, with these digital identities fully owned by the users.

zCloak is a zero-knowledge proof privacy DID project.

Storage

Arweave is an information technology company focused on data storage, blockchain, and serverless web.

Ceramic Network is a decentralized data network for building Web3 applications with composable data.

KYVE is a Web3 data solution.

Payments

Brydge is a multi-chain blockchain payment protocol.

Data Mynt is a global cryptocurrency payment processing gateway that allows users to transact with secure, compliant crypto assets as currency for payments and financial operations infrastructure.

Diagonal Finance is a Web3 subscription payment app.

Elph is aimed to empower developers to build tools to accept cryptocurrency payments in their applications and empower consumers to store, manage, and transact their cryptocurrency.

MobileCoin is a privacy payment protocol focused on providing secure, private cryptocurrency wallet services for mobile apps.

PIP is built on the Solana blockchain, focusing on social payments, allowing users to make encrypted payments on existing social networks like Twitter.

Zebec is a Solana ecosystem cross-chain payment protocol.

Rain Card is a wallet spending management tool.

Others

Brave is a privacy-focused open-source web browser founded by former Mozilla Project co-founder and JavaScript creator.

Coherent is core infrastructure providing Web3 data, allowing developers to build applications using its data via API, with a future focus on on-chain transaction history, NFT data, and credential data.

Diem is a stablecoin project by Meta (Facebook), initially known as Libra, aiming to establish a trusted innovative financial network empowering people and businesses worldwide. In January this year, the Diem Association confirmed that it would sell its intellectual property and other assets related to the operation of the Diem payment network to the crypto infrastructure company Silvergate Capital.

Espresso is a Web3 privacy system that allows asset creators to define customizable privacy policies to determine who can see what information about asset holders and transactions in certain circumstances.

Metawork is a system that records various aspects of code execution in real-time, known for its high speed, low cost, and data stored on individual terminals. Metawork aims to help everyone access any record from any environment to quickly understand code and how it operates.

Nova is a platform focused on legal and compliance workflows designed to help businesses eliminate paperwork, streamline compliance checks, enable cross-industry vendor collaboration, and assist teams in enhancing operational efficiency.

Paxos is a regulated blockchain infrastructure platform and the issuer of the USDP and BUSD stablecoins. Its products and services primarily include Paxos Crypto Brokerage, Stablecoin Services, PAXG (PAX Gold), the itBit exchange, securities settlement services, and commodities settlement services.

Questbook is a cryptocurrency donation platform that connects project teams and developers, allowing project teams to offer grants to developers and invest in an efficient and transparent manner. Additionally, QuestBook is committed to helping companies create small funds globally to broaden developer access to job opportunities.

Syndicate is a platform for creating investment DAOs, aiming to establish a new investment economy model, reduce the barriers and costs of creating investment DAOs, and support on-chain portfolios of tokens, NFTs, and other assets beyond the blockchain space, as well as legal infrastructure such as DAO legal entities, DAO legal documents, bank accounts, etc.

Radicle is a decentralized code collaboration protocol and sovereign code infrastructure that enables developers to securely collaborate on software development through a peer-to-peer network built on Git.

Sunscreen is a privacy-focused startup that aims to help engineers build apps based on fully homomorphic encryption.

Thresholds is an API that provides DeFi asset management for Web3 companies, aiming to help users eliminate intermediaries such as exchanges and custodians, open fiat accounts, create multi-signature wallets to enjoy DeFi staking and rewards, and achieve faster seamless transactions and exchanges between fiat and cryptocurrency, as well as among cryptocurrencies.

Tokensoft is a token sale platform.

Worldcoin is a privacy-preserving protocol based on proof of personhood, founded by Sam Altman, former president of the top Silicon Valley incubator Y Combinator, which aims to address the Sybil attack problem through user iris recognition using a device called Orb, in an effort to create a new global digital currency.

Web3 Social & Communication & Creator Economy

Audius is a creator-centric music sharing and streaming protocol.

Coinfeeds is a Web3 information aggregation platform that provides Web3-related tweets, podcasts, and other news.

Farcaster is a decentralized social protocol.

Friends With Benefits is a social DAO focused on creators and culture, bringing together a group of like-minded individuals on the internet to collaborate on music, project development, digital art ideation, Crypto learning, and more.

Livepeer is a decentralized video transcoding network built on Ethereum.

Nfty Chat is a platform aiming to create a "Web3 version of Discord," enabling Web3 communication with features like direct messaging, community building, and community discovery. Users can chat directly with friends or create private/token-weighted communities. In NftyChat, personal identity is bound to a wallet, allowing free use without an account password.

Unlock Protocol is a Web3 social protocol that enables creators to monetize their content in a fully decentralized way through just a few lines of code.

Rally is a social token issuance platform that helps creators create social tokens for their community to trade, transfer, and incentivize community members. Creators can set unique rights for social token holders. Social tokens enable a closer connection between creators and fans.

RSS3 is an open protocol designed for content and social networks in the Web 3.0 era.

Taki is an ecosystem social network based on Solana.

XMTP is a Web3 messaging protocol.

Others

Blockrize, previously focused on building a credit card with Bitcoin or Ethereum rewards, was acquired by the cryptocurrency exchange Gemini in January 2021.

Braintrust is a user-owned global talent network with incentives to reallocate value to talent and organizations.

Crusoe Energy is a Bitcoin clean energy mining firm that aims to provide a fast, low-cost flare mitigation solution.

Coinmine is a mining manufacturer whose devices support mobile operating systems like Android and iOS, auto-update, and mine cryptocurrencies such as Bitcoin, Ethereum, Monero, and Zcash.

Cryptohunt is a platform for learning about crypto and Web3, offering rankings, insights, and reviews of all crypto projects.

Daffy is a non-profit community where members pledge to allocate funds to those less fortunate than themselves.

On Deck is a community talent accelerator that provides highly curated connections and introductions for founders, resources, and capital.

Titan is a software and service provider for advancing Bitcoin mining.

Sealance is a cryptocurrency compliance platform designed to enable identity verification and ensure transactional activities comply with legal or regulatory requirements, all while preserving privacy through zero-knowledge proof technology.