Top Web3 startups to watch in 2023

The Web3 sector is buzzing with excitement as it promises a decentralised, user-centric internet experience. Empowering users with data ownership and privacy, it fosters innovation in blockchain, NFTs, and DeFi ecosystems. This transformative movement is redefining industries, creating new opportunities, and reshaping the digital world.

The Top Three

Nansen

Nansen is a blockchain analytics platform, providing data-driven insights and tools for cryptocurrency investors, traders, and researchers to make informed decisions in the ever changing crypto market.
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Ramp

Ramp Network, or simply Ramp, is a cryptocurrency project focused on providing a seamless and user-friendly solution for buying and selling cryptocurrencies using fiat currencies (like USD, EUR, etc.). It aims to bridge the gap between traditional finance and the world of crypto!
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Ledn

Ledn is a cryptocurrency start-up offering financial services, including Bitcoin-backed loans, interest-bearing savings accounts, and B2X for doubling Bitcoin exposure. They focus on security, transparency, and user-friendly solutions for digital asset users.
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Nansen

Nansen is a blockchain analytics platform, providing data-driven insights and tools for cryptocurrency investors, traders, and researchers to make informed decisions in the ever changing crypto market.
Why we’re excited:
Untangling blockchain data is incredibly complex. Nansen radically simplifies this with their innovative approach to blockchain analytics. Their platform enables better decision-making in an ever-evolving market, fostering growth within the crypto ecosystem. Nansen's focus on data-driven decision-making sets it apart, helping users identify trends and evaluate investment opportunities more effectively. They’ve also recently released a new Query product which empowers investors to query blockchain data themselves, allowing total customization.
Founded by:
Founded date:
2019
Funding:
Series B $75 Million
# Employees:
150
Location:
Singapore
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Ramp

Ramp Network, or simply Ramp, is a cryptocurrency project focused on providing a seamless and user-friendly solution for buying and selling cryptocurrencies using fiat currencies (like USD, EUR, etc.). It aims to bridge the gap between traditional finance and the world of crypto!
Why we’re excited:
At Passionfruit, we are beyond thrilled by the game-changing potential of Ramp Network in transforming the world of cryptocurrency. By leveraging Ramp Network's cutting-edge technology, businesses can effortlessly incorporate crypto payments and empower customers to purchase crypto right on their platforms. This smooth integration ensures that companies keep users engaged on their platforms for the entire experience!
Founded by:
Founded date:
2017
Funding:
$70 Million Series B
# Employees:
100 - 250
Location:
Poland

70% of startups use Freelancers to scale

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Ledn

Ledn is a cryptocurrency start-up offering financial services, including Bitcoin-backed loans, interest-bearing savings accounts, and B2X for doubling Bitcoin exposure. They focus on security, transparency, and user-friendly solutions for digital asset users.
Why we’re excited:
We're excited about Ledn's innovative approach to cryptocurrency-based financial services. They're bridging the gap between traditional finance and digital assets, enabling users to access loans, earn passive income, and grow their investments securely. It allows crypto natives to put their assets to work without needing to sell, while also allowing people in developing countries to access stable asset classes and banking services.
Founded by:
Founded date:
2018
Funding:
$70 Million Series B
# Employees:
101 - 250
Location:
Toronto, Canada
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BitPay

BitPay is a cryptocurrency payment service provider that enables businesses and individuals to accept and process Bitcoin and other digital currencies, promoting seamless transactions and broader crypto adoption.
Why we’re excited:
At Passionfruit, we're excited about BitPay's mission to simplify cryptocurrency transactions and increase digital currency adoption. As a forward-thinking company, we believe in embracing innovative payment solutions that provide high levels of flexibility and convenience. BitPay's services offer a user friendly app and support multiple currencies allowing them to cater to a very diverse customer base.
Founded by:
Founded date:
2011
Funding:
$74 Million Series B
# Employees:
101 - 250
Location:
Atlanta, Georgia, United States

How Ledn built a flexible, high-performing team with Passionfruit and doubled their output for a fraction of the price

Ledn, a company which relies on cryptocurrency faced pure turmoil in 2022 when the digital currency flopped. Nevertheless, they managed to thrive. By leaning on a team of Passionfruit marketing freelancers, Ledn maintained their output and quality whilst reducing operational costs by over 75%.

Learn how
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Alpha Wallet

Alpha Wallet is a pioneering web3 startup offering an open-source, self-custodial crypto wallet. It enables secure asset management, dApp interaction, DeFi access, and customizable token support for users.
Why we’re excited:
What makes Alpha Wallet truly exciting is its ability to help businesses accelerate custom solutions through a ready-to-market, white-label wallet. This empowers companies to quickly bootstrap their projects, conserving valuable time and resources, while delivering a bespoke and polished digital asset management experience to their customers.
Founded by:
Founded date:
2017
Funding:
$2.3 Million Seed
# Employees:
11 - 50
Location:
Singapore
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Dapper Labs

Dapper Labs is a technology startup that develops blockchain-based platforms and applications, focusing on gaming, entertainment, and digital collectibles using non-fungible tokens (NFTs) and decentralised technology.
Why we’re excited:
We're excited about Dapper Labs' work in the blockchain and NFT space. Their innovative products, like NBA Top Shot, showcase the immense potential of decentralised technology in gaming and entertainment.. As they continue to create engaging experiences for mainstream audiences, we're eager to witness how their projects transform the way people interact with digital content!
Founded by:
Founded date:
2018
Funding:
$23 Million Series D
# Employees:
100 - 250
Location:
Canada
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Luno

Luno is a global cryptocurrency exchange start-up, enabling users to buy, sell, and store digital currencies like Bitcoin and Ethereum. They offer secure wallet storage, trading pairs, and educational resources for seamless crypto investments.
Why we’re excited:
We're thrilled about Luno's mission to simplify cryptocurrency trading and promote financial inclusion. Their user-friendly platform, educational resources, and secure wallet storage make digital currency investments accessible to everyone. By empowering individuals with knowledge and tools, and keeping crypto investing simple for the masses.
Founded by:
Founded date:
2013
Funding:
$9 million Series B
# Employees:
50 - 100
Location:
London
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Pillow Fund

Pillow Fund is a startup offering a user-friendly app that enables users to effortlessly earn interest on their crypto assets, simplifying yield earning and fostering confident, comfortable investing for everyone.
Why we’re excited:
We are super excited about Pillow Fund's mission to simplify crypto yield earning for everyone. Their user-friendly app empowers both seasoned and novice investors to confidently participate in the cryptocurrency market. We believe that making digital asset investing more accessible and secure will lead to increased adoption and a brighter financial future for many.
Founded by:
Founded date:
2021
Funding:
$18 Million Series A
# Employees:
10 - 50
Location:
Singapore
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Stormx

StormX is a blockchain-powered platform enabling users to earn cryptocurrency rewards through online shopping and micro-tasks. They revolutionise cashback systems, offering transparency, security, and efficiency via their app and browser extension.
Why we’re excited:
StormX's innovative approach to rewards and cashback systems gets us really excited at Passionfruit. By harnessing the power of blockchain technology, they provide users with an efficient way to earn cryptocurrency while shopping online. Stormx has the potential to revolutionise traditional loyalty programs through crypto and web3 integrations, driving increased customer engagement and creating unique opportunities for both consumers and retailers.
Founded by:
Founded date:
2014
Funding:
$32.2 Million
# Employees:
10 - 50
Location:
Seattle, USA
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GuardianLink

GuardianLink is a start-up offering no-code NFT platform solutions, enabling users to create, launch, and manage custom NFT marketplaces and dropships with built-in templates and efficient contract management.
Why we’re excited:
What's getting us excited at Passionfruit is GuardianLink's groundbreaking no-code NFT solution, which opens up new possibilities for artists, businesses, and innovators. By eliminating technical barriers, GuardianLink fosters creativity and inclusivity in the digital asset space, enabling users to easily build their brand and capitalise on the growing potential of NFTs in today's rapidly evolving digital landscape.
Founded by:
Founded date:
2016
Funding:
$12 Million Series A
# Employees:
250 - 500
Location:
India
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