With the recent increase in popularity, cryptocurrency has become a crucial part of various platforms. In fact, blockchain-based projects managed to attract 713% more funding over the last year. This factor alone already shows how valuable the new technology has come to be. Let’s take a quick look at five different crypto-related projects you might want to check out, but first - what makes crypto technology stand out?
Web3 is here to stay and change the game. Why?
What we see today is a continuous growth in crypto startups and the Internet is being flooded with crypto startup ideas. Indeed, there are so many newly emerging technologies that could potentially change the way we do business in the future. What makes crypto technology so attractive to modern-day entrepreneurs?
Crypto is decentralized
Cryptocurrency is a massive part of blockchain technology, therefore it can utilize the same beneficial aspects of it, e.g. decentralization. Thus, crypto projects are not controlled by a third party. They are mostly open-source and are governed by a DAO (decentralized autonomous organization).
N.B. Check out GetBlock’s detailed explanation of a DAO in crypto here
Crypto is secure
What’s more, blockchain technology provides top-notch security to crypto-based startups. Before being added to a chain of blocks, the data has to be approved by all participants. Besides, the database containing sensitive information and stored on a blockchain cannot be altered or damaged.
Crypto is easily accessible
Peer-to-peer cryptocurrency transactions do not go through middlemen, such as banks and other organizations. Blockchain technology helps save time and reduce the amount of unnecessary transaction fees. Additionally, digital currencies also offer unbiased access to funds, not dependent on the credit history or location of the user.
Crypto startups to check out
RockX
RockX is a Singapore-located crypto staking company, launched in 2019. The platform was recently valued at $30 million. RockX provides robust staking solutions as a service. One of Asia's leading companies offers over $900 million in staked assets and $90 million in annual yield.
Source: RockX
iTrustCapital
Founded in 2018, iTrustCapital is an investment platform to buy and sell cryptocurrencies, currently valued at $1.3 billion. The main goal of the platform is to provide easy access to crypto on a global scale via utilizing dedicated individual retirement accounts (IRAs). What’s more, with the help of this software system, users can also purchase gold and silver.
Source: iTrustCapital
RociFi
RociFi is a P2P Polygon-based lending protocol founded in 2021. Despite being a fairly new project on the market, RociFi has managed to raise over $2.7 million in seed funding in order to provide a non-fungible credit score for its users. RociFi leverages on-chain data and digital identities.
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Source: RociFi
TokenTax
TokenTax is a crypto-based software that helps investors manage crypto taxes and calculate their gain-loss information. TokenTax operates in 18 countries, including the USA. Launched in 2017, the company specializes in tax minimization.
Source: TokenTax
Pebble
Founded in 2021, Pebble is a fintech platform, also known as a crypto neobank, which offers 5% in APY on all cash deposits. Besides, Pebble strives to make the transition from web2 to web3 seamless for its clients via utilizing a simple financial application.
Source: Pebble
Check out GetBlock’s guide on the top 10 crypto projects to use in real life
Launch crypto projects with GetBlock
If you want to build your own crypto-based project, GetBlock - a pioneer blockchain nodes provider - will help you implement your business ideas quickly and easily, while prioritizing utility and long-term success.
GetBlock can help Web3 developers create the next generation of most utilized projects by offering API-driven nodes infrastructure for over leading 40 networks, including Bitcoin, Ethereum, BNB Chain, Cardano, Solana, NEAR, etc.
GetBlock shared nodes are designed primarily for testing out your decentralized applications under realistic blockchain conditions, meaning developers could experiment with their dApps before launching them on mainnet. When purchasing shared nodes, GetBlock clients share node infrastructure with other peers.
Dedicated nodes hosted by GetBlock are uniquely designed nodes tailored to the requirements provided by the user. Dedicated nodes guarantee seamless integration of Web3 and crypto technology into your decentralized project.
With GetBlock it is exceptionally easy to launch an enterprise-level application based on crypto advances. Do not hesitate to contact GetBlock to find more information.
