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WEB3 Key Components

We collect the list of elements often considered part of the Web3 structure:

  1. Blockchain Technology:
    • Web3 relies heavily on blockchain or distributed ledger technology. Blockchains provide a decentralized and secure way to record and verify transactions.
  2. Decentralized Identity:
    • Web3 envisions a system where individuals have more control over their digital identities. Decentralized identity solutions use blockchain to give users ownership of their personal information.
  3. Smart Contracts:
    • Smart contracts are self-executing contracts with the terms of the agreement directly written into code. They automate and enforce the terms of an agreement, often deployed on blockchain platforms like Ethereum.
  4. Decentralized Applications (DApps):
    • DApps are applications that run on a decentralized network of computers rather than a centralized server. They leverage smart contracts and blockchain technology for transparency and security.
  5. Cryptocurrencies and Tokens:
    • Cryptocurrencies, like Bitcoin and Ethereum, play a crucial role in Web3. Tokens, which can represent assets or have utility within a specific ecosystem, are often used in decentralized applications.
  6. Interoperability Protocols:
    • Interoperability is crucial for the success of Web3. Protocols and standards that enable different blockchains and systems to communicate and work together seamlessly fall under this category.
  7. Decentralized Finance (DeFi):
    • DeFi refers to financial services, such as lending, borrowing, and trading, built on blockchain technology. Web3 embraces the idea of decentralized financial systems that operate without traditional intermediaries.
  8. IPFS (InterPlanetary File System):
    • IPFS is a peer-to-peer hypermedia protocol designed to make the web faster, safer, and more open. It is often used in Web3 applications to store and retrieve content in a distributed manner.
  9. Oracles:
    • Oracles provide external data to smart contracts. They enable smart contracts to interact with real-world data, bringing external information onto the blockchain.
  10. Consensus Mechanisms:
    • Different consensus mechanisms ensure agreement among participants in a decentralized network. Proof-of-Work (used by Bitcoin) and Proof-of-Stake (used by Ethereum 2.0) are examples.
  11. Governance Models:
    • Web3 often involves decentralized governance models, allowing participants in a network to have a say in decision-making processes. This can be achieved through mechanisms like DAOs (Decentralized Autonomous Organizations).
  12. Privacy Solutions:
    • Privacy is a concern in Web3, and various solutions, including zero-knowledge proofs and privacy-focused blockchains, aim to provide enhanced privacy for users.
  13. Sustainability Efforts:
    • With environmental concerns associated with some blockchain technologies, Web3 may involve efforts to adopt more energy-efficient consensus algorithms and sustainable practices.

The Web3 space is dynamic, and new technologies and concepts may emerge over time.

Web3 companies

Web3 is rapidly changing in the tech industry, and new companies may have emerged or gained prominence each year. We created list the notable Web3-related companies, which are:

  1. Ethereum (and related projects): Ethereum is a decentralized platform that enables the creation of smart contracts and decentralized applications (DApps). Several projects built on Ethereum contribute to the Web3 ecosystem.
  2. Chainlink: A decentralized oracle network that enables smart contracts on Ethereum to securely connect to external data sources.
  3. Decentraland: A virtual world built on the Ethereum blockchain where users can buy, sell, and develop parcels of virtual real estate.
  4. Filecoin: A decentralized storage network that allows users to rent out their unused storage space in exchange for Filecoin tokens.
  5. Polygon (formerly Matic): A multi-chain scaling solution for Ethereum that aims to improve its scalability and user experience.
  6. Consensys: A blockchain technology company that builds developer tools, decentralized applications, and enterprise solutions on Ethereum.
  7. CryptoKitties: A blockchain-based game built on Ethereum that allows players to collect, breed, and trade virtual cats.
  8. Coinbase: A cryptocurrency exchange platform that provides a user-friendly interface for buying, selling, and managing various cryptocurrencies.
  9. OpenSea: A decentralized marketplace for buying and selling digital assets, including non-fungible tokens (NFTs).
  10. Aave: A decentralized finance (DeFi) platform built on Ethereum, allowing users to lend and borrow cryptocurrencies.

Keep in mind that the Web3 space is vast and includes various projects and platforms, each contributing to different aspects of the decentralized internet.

What Innovations in Web3 Will be Required on the Market Today?

Based on the trends up to my last update, here are some potential areas of innovation in web3:

  1. Scalability Solutions:
    • Improving the scalability of blockchain networks remains a critical challenge. Innovations in consensus algorithms, layer 2 solutions (like state channels and sidechains), and advancements in sharding or other scalability techniques are likely to be in demand.
  2. Interoperability:
    • Enabling seamless communication and data exchange between different blockchain networks and platforms is crucial for the broader adoption of web3. Innovations in cross-chain interoperability protocols and standards are likely to be highly sought after.
  3. User Experience and Accessibility:
    • Enhancing the user experience for decentralized applications (DApps) and web3 platforms is vital for mainstream adoption. This includes improvements in wallet usability, onboarding processes, and overall accessibility for users who may not be familiar with blockchain technology.
  4. Privacy and Security:
    • As blockchain technology becomes more prevalent, the need for robust privacy solutions and enhanced security measures becomes increasingly important. Innovations in privacy-focused blockchain networks, zero-knowledge proofs, and secure smart contract development are areas to watch.
  5. Tokenization of Assets:
    • The tokenization of real-world assets, such as real estate, art, and intellectual property, has the potential to revolutionize traditional industries. Innovations in token standards, regulatory frameworks, and platforms facilitating asset tokenization may play a crucial role.
  6. Decentralized Finance (DeFi):
    • DeFi has seen significant growth, but challenges such as security vulnerabilities and regulatory compliance still need attention. Innovations in decentralized exchanges, lending and borrowing protocols, and risk management within the DeFi space are likely to be impactful.
  7. NFT Ecosystem Enhancements:
    • Non-fungible tokens (NFTs) gained immense popularity, but challenges like environmental concerns and copyright issues arose. Innovations in eco-friendly blockchain solutions and tools for content creators and rights management within the NFT space could be valuable.
  8. Community Governance:
    • Experimentation with decentralized governance models is ongoing. Innovations in DAOs (Decentralized Autonomous Organizations) and community governance mechanisms, as well as tools for collective decision-making, could strengthen the democratic nature of web3 platforms.
  9. Sustainability Solutions:
    • Addressing the environmental impact of blockchain networks, particularly those using proof-of-work consensus mechanisms, is a pressing concern. Innovations in energy-efficient consensus algorithms and the adoption of more sustainable practices could be crucial.
  10. Regulatory Frameworks:
    • Developing clear and supportive regulatory frameworks for blockchain and cryptocurrency is essential for mainstream adoption. Innovations in compliance solutions, identity verification, and legal frameworks may play a role in shaping the regulatory landscape.

It’s important to note that the web3 space is highly dynamic, and new challenges and opportunities appear each day.

Web3 in the Energy Sector

The most active companies in the intersection of Web3 and the energy sector. The landscape is evolving and  each day and new projects are added:

  1. Blockchain-based Energy Trading Platforms:
    • Power Ledger
    • WePower
    • Grid Singularity
  2. Decentralized Energy Platforms:
    • LO3 Energy
    • Electron
    • Conjoule
  3. Tokenization of Energy Assets:
    • Restart Energy
    • Electrify Asia
    • Energy Web Token (EWT)
  4. Smart Contracts for Energy Transactions:
    • Greeneum
    • Enosi
    • ImpactPPA
  5. Decentralized Autonomous Organizations (DAOs) in Energy:
    • DAO Energy
    • Climate DAOs focusing on sustainable energy projects
  6. Data Management and IoT in Energy:
    • Streamr
    • Ocean Protocol (while not energy-specific, it can be used for data marketplaces related to energy)

Web3 Cybersecurity

The cybersecurity landscape is dynamic. Web3 is critical in cybersecurity space:

  1. Quantstamp:
    • Quantstamp provides security audits for smart contracts on blockchain platforms. It aims to enhance the security of decentralized applications by identifying vulnerabilities in code.
  2. Certik:
    • Certik is a blockchain and smart contract security company that offers formal verification and security audits. It focuses on ensuring the security and reliability of blockchain-based systems.
  3. Trail of Bits:
    • Trail of Bits is a cybersecurity company that provides services including blockchain security audits. They offer expertise in identifying vulnerabilities and improving the security of blockchain projects.
  4. Immutable X:
    • Immutable X is a Layer-2 scaling solution for NFTs (Non-Fungible Tokens) on Ethereum. It incorporates security measures to protect the integrity of digital assets on the blockchain.
  5. Nym Technologies:
    • Nym Technologies focuses on privacy and security solutions for decentralized systems. It provides network-level privacy and anti-surveillance tools.
  6. Hosho:
    • Hosho specializes in blockchain security services, including smart contract auditing, penetration testing, and security consulting. It aims to identify and mitigate vulnerabilities in blockchain projects.
  7. PeckShield:
    • PeckShield is a blockchain security company that offers various services, including auditing smart contracts, monitoring blockchain networks for vulnerabilities, and providing threat intelligence.
  8. Halborn:
    • Halborn is a cybersecurity company that offers blockchain security services, including smart contract auditing and penetration testing. It focuses on identifying and mitigating security risks in blockchain projects.
  9. OpenZeppelin:
    • OpenZeppelin provides development and security solutions for blockchain projects, including smart contract auditing. It aims to ensure the reliability and security of decentralized applications.
  10. CipherTrace:
    • CipherTrace specializes in blockchain analytics and security. It provides solutions for cryptocurrency anti-money laundering (AML) compliance and tracing illicit transactions.
  11. Consensys Diligence:
    • Consensys Diligence is a smart contract auditing service that helps identify and resolve security issues in decentralized applications and blockchain projects.
  12. Solidified:
    • Solidified is a platform for smart contract auditing and bounty programs. It connects developers with security experts to enhance the security of smart contracts.
  13. Securitize:
    • Securitize focuses on blockchain-based security token offerings (STOs) and provides solutions for compliant token issuance and management.
  14. CertiK Chain:
    • CertiK Chain is a blockchain platform designed with a focus on security. It utilizes formal verification to ensure the integrity of smart contracts and the overall blockchain ecosystem.

Please verify the current status and activities of these companies, as the cybersecurity landscape, especially in the Web3 space, is subject to rapid changes and developments.

WEB3 Finance

Decentralized finance (DeFi) space, there are notable companies in the Web3 finance sector:

  1. Compound:
    • Compound is a decentralized lending platform that allows users to earn interest on their cryptocurrency holdings or borrow assets by using their crypto as collateral.
  2. Aave:
    • Aave is a decentralized finance protocol that enables users to lend and borrow a variety of cryptocurrencies without the need for traditional intermediaries.
  3. Uniswap:
    • Uniswap is a decentralized exchange (DEX) built on the Ethereum blockchain. It facilitates the trading of various ERC-20 tokens through automated liquidity pools.
  4. MakerDAO:
    • MakerDAO is a decentralized autonomous organization (DAO) that operates the Maker Protocol, which includes the issuance of the stablecoin DAI. Users can lock up collateral to generate DAI.
  5. Yearn.finance:
    • Yearn.finance is a decentralized finance aggregator that optimizes yield farming strategies. It automatically moves users’ funds between different DeFi protocols to maximize returns.
  6. Synthetix:
    • Synthetix is a decentralized synthetic asset issuance protocol. It allows users to mint and trade synthetic assets that represent the value of various real-world assets.
  7. Curve Finance:
    • Curve Finance is a decentralized exchange optimized for stablecoin trading. It provides low-slippage swaps between different stablecoins.
  8. Balancer:
    • Balancer is an automated portfolio manager and liquidity provider that allows users to create or add liquidity to liquidity pools.
  9. Chainlink:
    • Chainlink is a decentralized oracle network that facilitates smart contracts to securely interact with real-world data. It plays a crucial role in decentralized finance by providing reliable external information.
  10. Kyber Network:
    • Kyber Network is a decentralized liquidity protocol that allows users to trade tokens directly from their wallets. It aggregates liquidity from various sources to provide competitive rates.
  11. Curve Labs:
    • Curve Labs focuses on developing the Curve Finance platform, which is known for stablecoin liquidity pools and low slippage trading.
  12. SushiSwap:
    • SushiSwap is a decentralized exchange and AMM (Automated Market Maker) protocol on Ethereum. It offers yield farming opportunities and a governance token, SUSHI.
  13. Balancer Labs:
    • Balancer Labs develops the Balancer protocol, which enables the creation of liquidity pools with multiple tokens and varying weights.
  14. Harvest Finance:
    • Harvest Finance is a yield farming aggregator that automatically optimizes DeFi users’ deposits to maximize returns.
  15. Celsius Network:
    • Celsius Network is a platform that provides decentralized borrowing and lending services, allowing users to earn interest on their cryptocurrencies.

Web3 finance sector is highly dynamic, and new projects are emerging  each year.

Web3 Gaming

New companies entering Web3 gaming and entertainment space, among them are:

  1. Decentraland:
    • Decentraland is a virtual world built on the Ethereum blockchain. Users can buy, sell, and develop virtual real estate, creating a decentralized ecosystem for gaming and entertainment.
  2. Axie Infinity:
    • Axie Infinity is a blockchain-based game that allows players to collect, breed, and battle fantasy creatures called Axies. It incorporates blockchain technology for asset ownership and play-to-earn incentives.
  3. The Sandbox:
    • The Sandbox is a virtual world and gaming platform that allows users to create, own, and monetize their gaming experiences. It leverages blockchain for asset ownership and interoperability.
  4. CryptoKitties:
    • CryptoKitties is one of the earliest blockchain-based games, where users can buy, sell, and breed digital cats. Each CryptoKitty is represented by a non-fungible token (NFT) on the Ethereum blockchain.
  5. Enjin:
    • Enjin is a platform that provides tools for integrating blockchain into games. It enables the creation of non-fungible tokens (NFTs) and blockchain-based virtual goods.
  6. Theta Network:
    • Theta Network is a blockchain-based video streaming and decentralized content delivery network. It includes a native token, THETA, and allows users to earn rewards for sharing their bandwidth.
  7. Gala Games:
    • Gala Games is a blockchain-based gaming platform that empowers developers and players. It allows users to own in-game assets as NFTs and participate in the governance of the platform.
  8. Immutable X:
    • Immutable X is a Layer-2 scaling solution for NFTs on Ethereum. It focuses on providing a gas-free and scalable environment for trading and interacting with NFTs.
  9. Sorare:
    • Sorare is a fantasy football game that uses blockchain to represent player cards as NFTs. Users can build teams and participate in competitions to earn rewards.
  10. Chiliz (Socios.com):
    • Chiliz is a blockchain-based platform for sports and entertainment tokens. Socios.com, a product of Chiliz, enables fans to engage with their favorite sports teams through blockchain-based voting and rewards.
  11. Flow:
    • Flow is a blockchain designed for gaming and entertainment applications. It aims to provide a scalable and developer-friendly environment for building decentralized games and applications.
  12. Fortmatic (Now Magic Labs):
    • Magic Labs provides a decentralized identity and user authentication solution for applications, including gaming platforms. It aims to enhance user onboarding and security in the Web3 space.
  13. WAX (Worldwide Asset eXchange):
    • WAX is a blockchain platform for the creation and trading of virtual assets, including NFTs. It facilitates decentralized gaming and virtual item trading.
  14. SuperRare:
    • SuperRare is a decentralized art platform that allows artists to tokenize and sell their digital art as NFTs. It intersects with the gaming and entertainment space as digital art becomes an integral part of virtual environments.

WEB3 Marketing

Web3 in digital marketing, and social media development. We collaborate with main players on the market:

  1. Audius:
    • Audius is a decentralized music streaming platform that leverages blockchain technology to provide artists with more control over their content and revenue streams.
  2. Steem:
    • Steem is a blockchain-based social media platform where users are rewarded with cryptocurrency for creating and curating content. It encourages community engagement and content creation.
  3. Brave Software:
    • Brave is a privacy-focused web browser that integrates blockchain-based Basic Attention Token (BAT). Users can earn BAT by opting into ads and choose to reward content creators.
  4. LBRY:
    • LBRY is a decentralized content sharing platform that allows users to publish and discover digital content. It aims to provide creators with more control and better revenue options.
  5. Minds:
    • Minds is a blockchain-based social media platform that rewards users with cryptocurrency for their contributions and engagement on the platform. It emphasizes user privacy and free speech.
  6. Sapien Network:
    • Sapien is a decentralized social news platform built on the Ethereum blockchain. It incorporates a reward system for content creators and aims to combat fake news.
  7. Hive:
    • Hive is a blockchain-based social media platform that evolved from the Steem blockchain. It focuses on decentralized content creation, curation, and community engagement.
  8. BitClout:
    • BitClout is a blockchain-based social media platform that allows users to buy and sell creator coins. Users can invest in the influence of their favorite creators.
  9. Livepeer:
    • Livepeer is a decentralized video streaming network that uses blockchain technology. It aims to provide scalable and affordable video infrastructure for developers and content creators.
  10. Props:
    • Props is a blockchain-based platform that enables developers to integrate a token-based reward system into their apps. It is designed to incentivize user engagement.
  11. Everipedia:
    • Everipedia is a decentralized encyclopedia built on the EOS blockchain. It aims to create a more inclusive and accessible knowledge base with blockchain-based incentives.
  12. Indorse:
    • Indorse is a decentralized professional network that uses blockchain to verify and showcase users’ skills. It rewards users with IND tokens for their contributions.
  13. Status:
    • Status is an open-source messaging platform and mobile browser that aims to enable decentralized communication. It incorporates a decentralized finance (DeFi) wallet.
  14. Theta Network:
    • Theta Network is a decentralized video delivery network that utilizes blockchain technology. It aims to improve video streaming quality and reduce infrastructure costs.


Numerous companies are actively involved in the development and promotion of NFTs (Non-Fungible Tokens). The NFT space is dynamic, and new companies are emerged or evolved each year. We are collaboration with some of them:

  1. OpenSea:
    • OpenSea is one of the largest decentralized marketplaces for buying, selling, and trading NFTs. It supports a wide range of digital assets, including art, collectibles, and virtual real estate.
  2. Rarible:
    • Rarible is a decentralized platform that allows creators to mint, buy, and sell NFTs without coding skills. It emphasizes user-friendly NFT creation and trading.
  3. Mintable:
    • Mintable is a platform that simplifies the creation and management of NFTs. It provides tools for minting, selling, and managing NFTs without coding expertise.
  4. Foundation:
    • Foundation is a platform that enables creators to tokenize their work as NFTs and engage with their audience. It aims to support artists and creative projects in the NFT space.
  5. SuperRare:
    • SuperRare is a decentralized art platform that focuses on tokenizing digital art as NFTs. It provides a marketplace for buying, selling, and collecting unique digital artworks.
  6. Nifty Gateway:
    • Nifty Gateway is an NFT marketplace that features limited-edition digital art drops from various artists. It offers a curated selection of NFTs for collectors.
  7. KnownOrigin:
    • KnownOrigin is an art platform that leverages blockchain to authenticate and tokenize digital art. It provides a marketplace for buying and selling verified digital creations.
  8. AtomicHub:
    • AtomicHub is a marketplace built on the WAX blockchain, specializing in NFTs for virtual goods and collectibles, especially within the gaming and virtual world space.
  9. Enjin:
    • Enjin offers a platform for creating and managing NFTs, particularly focused on gaming. It provides tools for minting blockchain assets and integrating them into games.
  10. Decentraland:
    • Decentraland is a virtual world on the Ethereum blockchain where users can buy, sell, and develop virtual real estate as NFTs. It blends virtual reality, gaming, and NFT ownership.
  11. Axie Infinity:
    • Axie Infinity is a blockchain-based game that incorporates NFTs for unique and tradable creatures called Axies. Players can earn and trade these NFTs within the game.
  12. Chiliz (Socios.com):
    • Chiliz focuses on blockchain-based tokens for sports and entertainment. Socios.com, a product of Chiliz, tokenizes fan engagement with sports teams using NFTs.
  13. WazirX NFT Marketplace:
    • WazirX, a cryptocurrency exchange, introduced an NFT marketplace where users can buy, sell, and trade NFTs. It is part of the broader Binance ecosystem.
  14. Audius:
    • Audius is a decentralized music streaming platform that incorporates NFTs to represent ownership and rewards for artists and creators.
  15. Harmony (Vibravid):
  • Harmony is a blockchain platform, and Vibravid is an associated decentralized music and video platform that leverages NFTs for content ownership and rewards.

WEB3 Supply Chain

Studying supply chain space, we find companies, which are active in broader blockchain:

  1. IBM Food Trust:
    • IBM Food Trust uses blockchain technology to enhance transparency and traceability in the food supply chain. It enables participants to track the production, shipment, and receipt of food products.
  2. VeChain:
    • VeChain focuses on supply chain management and product traceability using blockchain. It allows businesses and consumers to verify the authenticity and quality of products throughout the supply chain.
  3. Walmart (for Food Safety):
    • Walmart has been involved in blockchain initiatives for food safety. It has used blockchain to trace the source of certain food products to enhance transparency and address food safety concerns.
  4. Ambrosus:
    • Ambrosus is a blockchain platform that integrates with IoT devices to track and verify the quality, safety, and origins of food and pharmaceutical products in the supply chain.
  5. Modum:
    • Modum combines blockchain and IoT technology to provide supply chain solutions, especially for the pharmaceutical industry. It focuses on monitoring and ensuring the integrity of sensitive goods during transportation.
  6. Everledger:
    • Everledger uses blockchain to create a digital ledger that tracks the provenance of high-value assets, including diamonds and other luxury goods. While not limited to supply chain, its approach enhances transparency and authenticity.
  7. Provenance:
    • Provenance is a blockchain-based platform that allows businesses to provide traceability and transparency in their supply chains. It has been applied in various industries, including food and fashion.
  8. Chronicled:
    • Chronicled focuses on providing solutions for supply chain provenance and automation using blockchain and IoT. It has applications in pharmaceuticals, consumer goods, and more.
  9. ShipChain:
    • ShipChain aims to disrupt the freight and logistics industry by leveraging blockchain for transparency and traceability. It provides end-to-end visibility of shipments and related documentation.
  10. Blockverify:
    • Blockverify uses blockchain to address issues of counterfeit products in the supply chain. It enables verification and traceability of products from the manufacturer to the end consumer.

New companies are emerging each year, and existing ones may have evolved their offerings.

Platforms that were known for community management on the blockchain

Platforms that were known for community management on the blockchain:

  1. Steemit: A blockchain-based social media platform that rewards users for creating and curating content.
  2. Hive: A decentralized social media platform built on the Steem blockchain, designed to improve scalability and governance.
  3. Minds: A blockchain-based social media platform that emphasizes user privacy and rewards users for their contributions.
  4. LBRY: A decentralized content sharing and publishing platform using blockchain to enable users to publish and discover content.
  5. Sapien: A decentralized social news platform that rewards content creators and curators with cryptocurrency.
  6. Synereo: A decentralized social media platform that focuses on content monetization and attention economy.
  7. Akasha: A social media platform built on Ethereum that aims to create a decentralized social network.
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