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Web3 startups

Companies building the infrastructure blockchains actually run on - nodes, indexing, data and the developer tooling around them.

24 articles · Updated 18 September 2025

What counts as Web3

Web3 covers the companies building on and around blockchains - the node, indexing and developer infrastructure that chains actually run on, decentralised finance, the on-ramps bringing ordinary investors into crypto, NFT and metaverse platforms, and the accounting and compliance services that appeared once people held these assets in real life.

Infrastructure at one end, ATMs at the other

This hub covers a wider span than the label suggests. At one extreme are companies whose customers are developers; at the other, Bitcoin ATMs in the Gulf South. Reading it as one category is what makes it confusing.

The infrastructure layer is the serious end

Helius is the clearest example - it became the backbone of Solana's developer ecosystem through vertical integration and now handles over 8 billion RPC requests a day. Crypto APIs sells the same kind of plumbing across chains, and PARSIQ sits between worlds, monitoring on-chain activity and triggering off-chain workflows in real time.

These are the companies whose business does not depend on any particular token doing well.

On-ramps, localised

The consumer companies here almost all solve access for a specific group rather than for everyone. Chillur is built for Australian retail investors. Pelicoin put more than 30 Bitcoin ATMs across the Gulf South, physically. Biokript is a hybrid Shariah-compliant platform built on Mudharabah profit-sharing, which is a genuinely different product rather than a re-badged one.

Ownership as the actual point

The most interesting departure from finance is Valory, which uses the DAO structure for co-owned AI systems. Here the chain is doing governance work rather than speculation, which is a rarer claim than it sounds.

A record of the NFT and metaverse moment

Allbum and NFTevening cover the NFT market from the platform and the media side. Zoe made 3D world-building accessible to non-technical people and Dreams Quest was constructing an in-world economy. Read now, these profiles are a useful record of what that period assumed would happen next.

The unglamorous services that followed

Once people hold assets, someone has to account for them. Forte Innovations does crypto tax and bookkeeping, and RuufPay points a crypto wallet at the most ordinary bill there is. These are the profiles that show the sector settling into normal life.

Web3 startups we have profiled, by layer of the stack
CompanyWhat it doesLayer
Helius Backbone of the Solana developer ecosystem, processing over 8 billion daily RPC requests.Infrastructure
Crypto APIs Scalable Web3 infrastructure that shortens how long crypto and blockchain applications take to build.Infrastructure
PARSIQ Blockchain monitoring and workflow automation connecting on-chain and off-chain applications in real time.Infrastructure
Kanaswap Wallet and dApp aggregator built on Solana.Infrastructure
Valory Research and deployment company building co-owned AI systems, connected to the Olas DAO.AI and web3
Sturdy Decentralised yield farming fund with a positive-sum mechanic and leverage on collateral.DeFi
Fiat24 Payment experience inside a regulated ecosystem built for peer-to-peer transactions.DeFi
Livecoinwatch Market data aggregator covering more than 20,000 coins across 500 exchanges in real time.Market data
Cindicator Combines machine and human intelligence to produce crowd-sourced crypto price forecasts.Market data
Chillur Lets everyday Australian investors set up and maintain their own crypto portfolios.Consumer on-ramp
Pelicoin Network of more than 30 Bitcoin ATMs across the Gulf South.Consumer on-ramp
BostonCoin Makes crypto investing accessible to people who want either a DIY or a managed route.Consumer on-ramp
Biokript Hybrid Shariah-compliant crypto platform founded on Islamic Mudharabah profit-sharing principles.Consumer on-ramp
RuufPay Crypto wallet aimed at making monthly rent payments more affordable for renters.Payments
Forte Innovations Back-office firm providing cryptocurrency tax accounting and bookkeeping.Services
Allbum All-in-one platform to create, exchange, sell and learn about non-fungible tokens.NFT
NFTevening Independent media outlet specialising in NFT news and collectibles.NFT
Zoe Free platform for building immersive 3D environments without technical knowledge.Metaverse
Dreams Quest Building a metaverse-based economy in a self-sustaining world called the DreamsVerse.Metaverse
HELO Blockchain Enterprise blockchain and payment platform aimed at operational efficiency.Enterprise

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Frequently asked questions

Is this hub only about cryptocurrency?

No. It runs from developer infrastructure through to consumer products. Helius, Crypto APIs and PARSIQ are infrastructure companies whose customers are developers. Chillur, Pelicoin and BostonCoin are consumer on-ramps. NFT platforms, metaverse tools and crypto accounting services all sit here too.

Which is the most substantial company on this hub?

Helius. It has become the backbone of Solana's developer ecosystem and processes more than 8 billion RPC requests a day, which puts it in a different category from most of the consumer-facing companies profiled alongside it.

Are there web3 companies working on AI?

Valory is the clearest example - a research and deployment company building co-owned AI systems, connected to the Olas DAO. It is one of the few profiles here where the blockchain is a governance and ownership mechanism rather than a financial one.

What happened to the metaverse companies?

They are a snapshot of a specific moment. Zoe made 3D environment creation accessible to non-technical users, Dreams Quest was building a self-sustaining in-world economy, and Meet Virtually ran hybrid events. They are worth reading as a record of what that period expected.

Is there anything here for people who already hold crypto?

Yes, and it is the most practical corner of the hub. Forte Innovations does crypto tax accounting and bookkeeping, Livecoinwatch aggregates market data across 20,000 coins, and Biokript offers a Shariah-compliant route for investors whose faith rules out conventional interest-bearing products.