The Best Web3 Companies in 2024

What is web3 Company?

What is Web3 ?

Web3 refers to the third era of the internet, characterized by decentralized protocols, blockchain technology, and user-centric principles, aiming to create a more transparent, secure, and participatory online experience.

What Is Web3 Company

A Web3 company is an entity that embraces the principles of Web3, a new paradigm of the internet focused on decentralization, blockchain technology, and enhanced user control. Unlike traditional companies, Web3 companies leverage decentralized protocols, smart contracts, and blockchain networks to create more transparent, secure, and collaborative systems.

The core tenets include user ownership of data, enhanced privacy, and fostering a sense of community participation. By aligning with Web3 principles, these companies aim to redefine business models, placing emphasis on empowering users and creating a more equitable and open digital environment.

The Top 7 Web3 Job Boards

List of the Best Web3 Companies in 2024

1. Binance
2. Crypto.com
3. Opensea
4. Gemini
5. Ripple
6. Polygon
7. Okcoin

1. Binance

Founded	2017
Country of Origin	China
Key Services	Decentralized Exchange, Payment Method, Web3 Applications Listing, P2P Merchant Application, Market Data Analysis,Web3 Trading, Token Tax Assistance
Technology Stack	Blockchain
Clients and Partners	Polymesh, Marblex, TRON, Luna PR
Achievements and Recognition	Best Global Crypto Trading Platform, Gold Category in Australian Awards
Website	https://www.binance.com/en

Binance, a leading Web3 company, offers a range of products and services related to various metaverse components, including NFTs, decentralized exchanges, and trading laws. The platform provides multiple options for expanding digital asset knowledge and earning rewards.

Binance has been able to raise over $3 billion through four rounds of funding. The platform allows you to buy and sell more than 100 currencies with ease. Additionally, you can use over 50 fiat currencies to complete your transactions. The process is seamless and hassle-free.

This is a web3 company that offers various services like token conversion, bank transfers, margin calculations, trading with DeFi BOT, token pooling, and liquidity addition. It is compatible with major operating systems like iOS, Android, Windows, Linux, API, and MacOS. The company has partnered with leading Web3 companies to provide a smooth experience to its users. Moreover, it has launched its tokens on Binance Smart Chain using Proof of Staked Authority.

Apply Now Top Web3 Jobs

2. Crypto.com

Founded	2016
Country of Origin	Singapore
Key Services	Web3 Trading, Margin Trading, Derivatives Trading, Payment Platform, Visa Card for Token Trade
Technology Stack	Blockchain
Clients and Partners	Aston Martin F1, DressX, Heavy Metal, LA Kings, Lega Serie A
Website	https://crypto.com/
Achievements and Recognition	Finder Award for Best Platform for Altcoin

Crypto.com is a well-known Web3 firm that offers a range of services including buying, selling, storing, sending, and tracking different currencies, digital assets, and NFTs. The platform provides the option to trade more than 250 tokens using 20+ fiat currencies.

Crypto.com has gained the trust of more than 80 million users, who can benefit from various features such as 24/7 customer support, easy access to DeFi wallets, seamless token swaps, stable returns, and up to 5% cashback on all card spending. Additionally, Crypto.com has partnered with Shopify, a well-known ecommerce giant, to encourage Web3 businesses to accept digital currency payments.

The platform ensures its users have access to real-time currency prices, liquidity, speed, and security. It prioritizes compliance with secured mechanisms like SOC2 Type 1, PCI: DSS 3,2,1 level 1, ISO/IEC 27001:2013, ISO/IEC 27701:2019, and ISO 22301:2019 to guarantee transparency and security in the metaverse.

Discover about Web3 Internship

3. Opensea

Founded	2017
Country of Origin	New York City
Key Services	NFT Trading, Price Listing, NFT Account Management
Technology Stack	Ethereum Blockchain
Clients and Partners	Coin Tracker, Warner Music Group, Y Combinator, Paradigm
Website	https://opensea.io/
Achievements and Recognition	Alexa 500 Most Visited Websites, TrueUp Marketplace 50

OpenSea is a platform for non-fungible tokens where users can sell, buy, and trade various types of NFTs such as gaming, photography, music, and art. The marketplace is one of the largest in the world. The company has received over $300 million in funding through five rounds and currently supports a wide range of digital wallets, such as Metamask, Coinbase, Ledger, Phantom, BitKeep, Core, Bitski, Trust, and Opera Touch. OpenSea is valued at $13.3 billion as of January 2022.

OpenSea is compatible with various Web3 technologies, including Ethereum, Polygon, Solana, Avalanche, BNB, and Arbitrum. The platform offers real-time tracking of NFT rankings and activities, and users can also mint their non-fungible tokens on the OpenSea platform, which is available on iOS and Android apps.

Explore more about the Evaluation of web3

Top 7 Web3 Jobs to Apply For Employees

4. Gemini

Founded	2014
Country of Origin	New York City
Key Services	Decentralized Trading, Gemini Credit Card, Secure Staking, Gemini Wallet
Technology Stack	Blockchain
Clients and Partners	Samsung, State Street, Trading View, Brave, AON
Achievements and Recognition	2020 Crypto AM Awards, 2019 Market Choice Awards
Website	https://www.gemini.com/

Gemini, a decentralized exchange, is widely respected for offering users access to purchase, sell, store, and exchange more than 80 digital currencies, including popular cryptocurrencies like Bitcoin, Ethereum, XRP, Cardano, Litecoin, and Uniswap.

Gemini operates in 70+ countries and offers a range of Web3 activities including trading. It provides insurance coverage for DeFi losses and 24/7 customer support. The platform has secured a $400 million investment from prominent companies like JPMorgan and Samsung, valuing its parent company at $7.1 billion.

Gemini operates in 70+ countries and offers a range of Web3 activities including trading. It provides insurance coverage for DeFi losses and 24/7 customer support. The platform has secured a $400 million investment from prominent companies like JPMorgan and Samsung, valuing its parent company at $7.1 billion.

Web3 Internships to Apply For in 2024

5. Ripple

Founded	2012
Country of Origin	San Francisco
Key Services	Cross Border Payments, Token Liquidity, CBDC Implementation, Real-Time Cash Pooling, Asset Management
Technology Stack	XRP Ledger
Clients and Partners	Novatti, Palau, Induslnd Bank, BeeTech, Lemonway, Tranglo
Achievements and Recognition	Best Sustainability Award for Digital Currency, Digital Currency Leader of the Year
Website	https://ripple.com/

Ripple is a corporation that utilizes a decentralized open-source framework to simplify the trading of currencies. The platform facilitates the connection between digital and fiat currencies, and it is recognized as one of the top performers in cross-border payments across various nations, including India, Indonesia, Europe, the United States, Turkey, and Thailand. As a result of prearranged charges, the entire procedure is expedited.

Ripple has developed a central bank digital currency that comes with several product modules such as the issuer, operator, end-user wallets, and ledger. The platform operates through a six-stage process which includes onboarding, minting, distribution, transaction, redemption, and destruction. The company has secured $293.8 million in funding from various sources.

Top 11 Web3 Companies in 2024

6. Polygon

Founded in	2017
Country of Origin	India
Website	https://polygon.technology/
Key Services	Web3 Ethereum Blockchain DApp

Polygon Labs is a Web3 company that has created a multi-chain blockchain system interoperable with Ethereum. It aims to make blockchain infrastructure secure, scalable, and affordable by providing open-source protocols. It also takes a proactive approach to be climate-positive and carbon-negative while leading in Web3. It empowers developers and investors to create a thriving community and equitable future.

7. Okcoin

Founded	2013
Country of Origin	China
Key Services	Crypto Trading, Affiliate Marketing
Technology Stack	Blockchain
Clients and Partners	TaxbitApifinyKbit
Website	https://www.okcoin.com/

Okcoin is a rapidly growing Web3 enterprise that provides you with the opportunity to purchase, sell, and store various currencies, such as Bitcoin, Ethereum, Tether, USD Coin, Cardano, and Tron. The platform offers an effortless way to make trading more secure, transparent, and available for buyers and investors.

The DeFi platform is available on the web, iOS, and Android, and it lets you effortlessly automate your token trading on a daily, weekly, and monthly basis with very low transaction fees. You can also track your token and NFT portfolio performance consistently.

Okcoin has six worldwide offices with over 300 employees to date. It has served over one million clients in more than 190 countries.

Conclusion

The Web3 ecosystem is growing, with numerous metaverse companies emerging to simplify the blockchain experience for users. With so many players in the space, selecting a reliable and authentic Web3 company is crucial. The top Web3 companies are changing the game in numerous ways, from financial platforms to decentralized applications, and are focused on putting the user first. Maticz is a top Web3 development company that can help businesses realize their goals with industry-specific solutions.

FAQ about Best Web3 Companies

Q1: What are Web3 companies?

A1: Web3 companies are businesses leveraging blockchain technology, decentralized applications (dApps), and decentralized finance (DeFi) to offer innovative products and services, aiming to reshape various industries.

Q2: How are the best Web3 companies determined?

A2: The best Web3 companies are often evaluated based on factors like their technological innovation, user adoption, impact on the industry, financial performance, and community engagement.

Q3: What industries do the best Web3 companies operate in?

A3: The best Web3 companies operate across a wide range of industries, including finance, gaming, art, supply chain, healthcare, real estate, and more. They aim to disrupt traditional models and introduce decentralized solutions.

Q4: Can you provide examples of some of the best Web3 companies?

A4: Certainly! Examples include Uniswap (DeFi), OpenSea (NFT marketplace), Axie Infinity (gaming), Chainlink (oracle network), Compound (lending protocol), and Aave (money market protocol), among others.

Q5: What sets the best Web3 companies apart from traditional companies?

A5: The best Web3 companies distinguish themselves by embracing decentralization, transparency, security, and community governance. They often prioritize user control, privacy, and interoperability over centralized control.

Q6: How can individuals invest in or support the best Web3 companies?

A6: Individuals can invest in Web3 companies through purchasing their tokens, participating in token sales, using their products or services, contributing to their communities, or even building on their platforms as developers.

Q7: What are some upcoming trends in the Web3 space that may influence the ranking of the best companies?

A7: Emerging trends in Web3 include the rise of decentralized autonomous organizations (DAOs), the convergence of blockchain with other technologies like artificial intelligence (AI) and the Internet of Things (IoT), and the exploration of scalable and eco-friendly blockchain solutions.

Q8: Are there risks associated with investing in or supporting Web3 companies?

A8: Yes, risks include market volatility, regulatory uncertainty, technological vulnerabilities, and project-specific risks. It’s essential for investors and supporters to conduct thorough due diligence and manage their risk exposure.

Q9: How can I stay updated on the latest developments and rankings of the best Web3 companies?

A9: You can stay updated through reputable blockchain news outlets, industry reports, social media channels of Web3 projects, forums like Reddit and Discord, and attending blockchain conferences and events.

Q10: What impact do the best Web3 companies have on the future of technology and society?

A10: The best Web3 companies have the potential to democratize access to financial services, empower individuals to control their data and digital assets, foster innovation in various sectors, and shape the future of a more decentralized and interconnected world.