List of Blockchain Funded Startups for 2024-25
Are you an ambitious entrepreneur who wants to start blockchain funded startups? and you also want to get the desired blockchain startup funding to execute the idea?
You’re not alone. But let us tell you, this is not on the light side – turning your blockchain startup idea into reality is easier said than done.
Between the constant pitch decks, juggling investors’ subtleties, and trying to find your niche among similar businesses, it does get pretty tiring.
The need to secure funds, the startup’s essential lifeblood, adds to that pressure, and very quickly, the struggle appears to be the only option.
Here’s the good news: you’re not too alone.
The blockchain startup you envy began with a dream, a wish, and the drive to succeed in this type of business.
The difference? They were able to secure blockchain startup funding at the right time.
Here, we present you with a list of promising blockchain funded startups that managed to raise funds in 2024.
Why? Because their stories could be used as your guide.
Whether you’re just starting the process of getting your first few customers or preparing for your next round of crypto startup funding, you can find great tips to follow.
Without further ado, — Let’s get started.
Overview of Growth of the Crypto Startup Market
According to NASDAQ, on October 11, 2021, Google tied with Bakkt, a crypto marketplace, and Bitcoin. Facebook in the meantime, supports Diem, the cryptocurrency project that initially was called Libra. One estimate indicates that over 85 million people are registered with a crypto wallet.
The good news is that the global blockchain/crypto market will increase.
The market is heading towards higher figures. It is estimated that the crypto market will reach beyond $94.0 billion by the end of 2027, with a CAGR of approximately 66.2% from 2022 to 2027.
Additionally, the blockchain and cryptocurrency reality check report provides specific sections on major trends in the blockchain, making it clear that as the blockchain continually develops, future tech and trends will demonstrate how blockchain impacts NFTs, IoT, and Metaverse trends.
Well, if you have ever wondered which crypto startups in 2024 you should consider promising, this post is for you.
Top 6 Blockchain Funded Startups in 2024
Chainalysis
Year Founded: 2014
The next emerging American crypto start-up in 2024 is a New York-based company. The current NY search trend is regular, and the NY 5-year Search Trend Projection is 1087%.
Thus, during Series E’s funding phase, Chainalysis collected $366,6 million.
Crunchbase has said that the company enjoys the support of about 27 investors at the moment. Chainalysis is committed to designing a transparent environment for a global economy.
They have done so by creating a digital economy through blockchain technology. It allows governments, banks, and businesses to get the same picture of how people generally tend to use cryptocurrencies.
To recap, Chainalysis wishes to introduce some law into the rather lawless beast that is blockchain. It has also created a compliance, investigation, and risk management tool for solving criminal cases in the cryptocurrency world.
Till now, it has been able to sell its service to many organizations based in more than sixty countries.
Fumbi
Year Founded: 2018
A crypto-player originates from Slovakia, and this company is included because the site’s 5-yr search growth prediction is a spectacular 1100%.
Fumbi’s headquarters is in Bratislava, Slovakia, and it has a regular search growth type.
It becomes the substitution of collection investment schemes with the help of this cryptocurrency trading platform. The users on Fumbi will directly own their crypto coins.It is interesting that the startup, in 2023, had more than 115 thousand registered users who could trade in 34 cryptocurrencies.
Up to date, Fumbi has raised an Early-stage VC of $1.8 million since 2018.
Mintable
Year Founded: 2018
Another promising crypto startup from Singapore in 2024 is Mintable, even though the company was founded in 2018.
This blockchain marketplace currently holds a regular Search Growth Status, and it is projected that there will be more than 99X growth in the next 5 years. Up to this point, it has achieved the market credibility of 17 investors.
Perhaps you would be interested to learn that billionaires like Mark Cuban have invested in Mintable. For the moment, the funding from the Series A round reached an impressive $13 million in total.
NFT is what Mintable is after. It would like to hitch its wagon to NFT as it provides a place where its users can create and sell an NFT. Despite the flexibility that it might have, some are associated with risks in NFTs.
But that is not all because, with the help of safety tips, you can avoid those common NFT scams out there.
Pastel Network
Year Founded: 2018
Another company from New York is a 2018-started startup called Pastel Network. The search frequencies of the digital platform are steady and growing.
Pastel Network is a decentralized P2P solution that enables its users to register, collect, and sell their digital assets. Thus, Pastel Network seems to have achieved an enormous seed investment of $5 million up to now.
The good news for new entrants seeking an entry point into trade cryptocurrency is that Pastel Network has an estimated annual revenue of $1.3 million.
Sorare
Year Founded: 2018
If you are interested in investing in or trading on European crypto startups in 2024, then Sorare is all you need. This startup originates from Saint Mande, a suburb in France.
This is a unique one-of-a-kind soccer fantasy platform powered by blockchain and has been in existence since 2018. It is currently enjoying a regular search growth status with a 5-year expected growth of more than 99 times.
This can be judged by the funding received in Series B for Sorare.
This startup has already accrued a budget of 739.4 million dollars. This crypto-based soccer gaming platform currently has 33 investors. Today, with its gaming arena’s help, one can play fantasy soccer as a user on the Sorare platform.
Also, this platform allows its users to buy and sell digital player cards as their main products. You can also trade your limited editions of players’ digital cards among the community.
In addition, Sorare has a legal license and permission to provide digital player cards to 142 soccer clubs.
Zerion
Year Founded: 2016
This one is an all-American crypto startup originating in San Francisco, California. The company entered the blockchain scene in 2016 with a regular search growth rate. The 5-year search volume growth forecast for Zerion has been estimated at 1475%.
In funding series A of funding, Zerion was able to mobilize a whopping $10.2 million for funding. This crypto startup has already received accreditation from 23 investors in 2023, and the organization has only three employees.
Zerion enables investors to participate in many DeFi choices and opportunities. It also has utility for its users, enabling them to get data on their DeFi projects. Customers can monitor their portfolios, trade them, and have them all under one roof.
At the time, the Zerion marketplace integrated with over 60 DeFi projects and had over 200,00 monthly active users.
These top crypto startups are ruling in 2024 already. They have demonstrated the ability to discern what hurts, how to create new approaches, and what strategies can be sold to users and funders alike.
Consequently, cryptocurrency and blockchain are complicated sectors with many concerns, and everybody must be prepared for potential risks, at the very least having some information. So, if you want to get a handle on it, you can count on us.
As an industry leader, the software development company from the USA helps businesses work with blockchain and cryptocurrency.
Ways to Secure Blockchain Startup Funding or Grants
Finding the Right Way
Take time to look for blockchain startup funding that would suit your project. Different fundings have different disbursement terms and conditions, so you must agree on the most suitable one.
Application Process
To apply for funding, it is common to complete an elaborate proposal document with information on the kind of project you intend to undertake, the objectives you wish to achieve, and how the funding will be utilized.
Preparing a Strong Proposal
Finance requires funding, and this comes easily if one has a well-developed proposal. It should include:
- Clear objectives
- A detailed project plan
- A budget outline
Cloud Credits for Startups
A Perspective on Google Cloud Platform Credit for Startups
Some multinational organizations, such as Google, have supported startups by providing up to $100,000 of credits in cloud services to cover infrastructure costs.
This support can be actual for extensive implementations of blockchain applications.
AWS Cloud Credit for Startups
It’s also possible to get AWS cloud credits with amounts reaching from $1,000 up to $100,000 based on the startup type and its state for funding.
These credits can be redeemed on computing, storage, and more aspects associated with cloud service
Making a Strong Application
Components of a Successful Application
Clear Objectives: This is done by ensuring that your project objectives are stated explicitly and clearly, pointing out how they will meet the goals to secure grants.
Detailed Plan: Describe the technical plan, timeline planning, and necessary budget to back its propositions.
Potential Impact: Emphasize the benefits of your work contribution to the blockchain world or field.
Common Mistakes to Avoid
Lack of Clarity: Make sure that all the information you provide sounds professional but is not too technical.
Incomplete Information: Submit all the necessary information and documents to prevent the request from being rejected or the processing of the request from being prolonged.
Unrealistic Projections: I will agree to realistic projections and timelines to enable the grant provider to open up and trust the project team.
Alternative Funding Options
Venture Capital
Venture capitalists provide capital to new-generation companies in return for an equity stake.
This can be helpful information when looking for funds for early-stage, high-growth companies.
Initial Coin Offerings (ICOs)
These are typically used in crowdfunding; ICOs are a process of selling tokens to investors.
It is a way to fund and enable startups to raise capital without forfeiting equity, but it comes with the risk of regulations.
Angel Investors
Such investors are typically wealthy individuals who use their own money to invest in young companies up to their first institutional round of funding.
They also offer funding, training, and contacts with other business personalities.
Final Thoughts
If you are an entrepreneur seeking the best-performing crypto startups in 2024 to start your own, the above-mentioned platforms should do well to help.
Many are diverse, ranging from trading platforms to regulatory solutions and actual Crypto-based gaming arenas.
Therefore, select one idea that fascinates you.
And if you have any thoughts to discuss with professionals to seek the best guidance, Reliable Startup is available 24/7 to hear you out!
