EDGE
Book a demo

Web3

A decentralized version of the web powered by the blockchain

Overview

Web3 is the next iteration of the world wide web, seeking to hand ownership of the web to its builders and users. It uses native platform tokens (digital assets) as a medium of exchange and runs on blockchains (those that power cryptocurrencies such as Bitcoin and Ethereum) to reduce dependence on a single entity. Web3 projects generally operate under DAO models. These are member-owned, with democratized control and decision-making, delivering a level of corporate governance not provided by Web2.

The Web3 ecosystem can be broadly divided into three: 1) The use case layer—comprises of user-facing decentralized applications (dApps) and projects, often replacements of traditional services such as social networks; 2) the access layer—comprises of dApp browsers and wallets to hold the tokens required to interact with the Web3 ecosystem; and 3) the infrastructure layer—comprises of the blockchains (layer 1), scaling solutions (layer 2), and developer tools required to build applications on the blockchain.

Note: Currently, we do not actively cover this industry, but we have identified it as a potential industry to add to our coverage.

More details

Market Mapping


Incumbents
Growth
Early
Seed
Pre-Seed
Blockchain gaming
?
Decentralized social networks
?
Decentralized storage
?
Miscellaneous use cases
?
Web3 wallets and app browsers
?
Blockchains
?
Scaling solutions
?
Developer tools
?
StreamingFast
StreamingFast
StreamingFast
StreamingFast
StreamingFast
StreamingFast
StreamingFast
StreamingFast
Sorare
Dapper Labs
Animoca Brands
Sky Mavis
Immutable
Mythical Games
Clockwork Labs
GameFi
Irreverent Labs
Braintrust
Naetion
Minds
Sapien
Niche
Filecoin
Storj
Arweave
Skynet Labs
FilSwan
CRUST
Sweatcoin
Molecule
VitaDAO
Dtravel
Triip
Actifit
Coinbase
Opera
Binance
Robinhood
ConsenSys
Ledger
Ava Labs
Phantom
Uphold
Exodus
Argent
Satoshi Labs (Trezor)
Ethereum
Binance
Dapper Labs
NEAR Protocol
Solana
Polkadot
Ava Labs
Algorand
Neo
Cardano
Mina
Nervos Network
Stacks
CasperLabs
Chia Network
Aptos
5ire
Assembly
Linera
Polygon
StarkWare Industries
Optimism
Offchain Labs
Immutable
Orbs
StreamingFast
Boba Network
Matter Labs
Microsoft
Google
Amazon
Forte
ConsenSys
Alchemy
Blockdaemon
Mythical Games
Figment
LayerZero Labs
Nervos Network
InfStones
Axelar
Moralis
Oasis Labs
QuickNode
Pinata
Dynamic Labs

The Disruptors


Blockchain gaming

?

Disruptors

?
Funding in USD Millions
Sorare
739
Dapper Labs
607
Animoca Brands
445
Sky Mavis
311
Immutable
280
Mythical Games
260
Irreverent Labs
45
Clockwork Labs
26
Watchlist
?
GameFi

Decentralized social networks

?

Disruptors

?
Funding in USD Millions
Naetion
150
Braintrust
124
Minds
17
Watchlist
?
Sapien
Niche

Decentralized storage

?

Disruptors

?
Funding in USD Millions
Filecoin
258
Storj
35
Arweave
22
Watchlist
?
Skynet Labs
FilSwan
CRUST

Miscellaneous use cases

?

Disruptors

?
Funding in USD Millions
Sweatcoin
14
Molecule
13
Watchlist
?
Dtravel
Triip
VitaDAO
Actifit

Web3 wallets and app browsers

?

Disruptors

?
Funding in USD Millions
ConsenSys
725
Ledger
468
Ava Labs
290
Phantom
118
Uphold
75
Exodus
60
Argent
56
Satoshi Labs (Trezor)
Unknown

Blockchains

?

Disruptors

?
Funding in USD Millions
Dapper Labs
607
NEAR Protocol
534
Aptos
350
Solana
316
Polkadot
294
Ava Labs
290
Mina
137
Algorand
132
Nervos Network
128
5ire
121
Assembly
118
Neo
100
Stacks
94
CasperLabs
92
Chia Network
70
Cardano
62
Watchlist
?
Linera

Scaling solutions

?

Disruptors

?
Funding in USD Millions
Polygon
451
Immutable
280
StarkWare Industries
273
Optimism
179
Offchain Labs
124
Orbs
118
StreamingFast
63
Matter Labs
58
Boba Network
45

Developer tools

?

Disruptors

?
Funding in USD Millions
Forte
910
ConsenSys
725
Alchemy
564
Blockdaemon
431
Mythical Games
260
Figment
165
LayerZero Labs
143
Nervos Network
128
InfStones
110
Axelar
64
Moralis
53
Oasis Labs
45
QuickNode
41
Pinata
22
Watchlist
?
Dynamic Labs

Sorare

Sorare is a global fantasy football game where managers can trade official digital collectibles. It is on a mission to make crypto fun and accessible to all through fantasy football. Based in Paris, Sorare provides a soccer team management game with digital NFT cards that fans can collect and trade. Founded in December 2018, Sorare currently sold $1.8 million worth of cards in December 2020.

Segment:
Blockchain gaming
Total funding:
USD 739.2 million
Disruptor Funding History

Blockchain gaming:

Sorare
Dapper Labs
Animoca Brands
Sky Mavis
Mythical Games
Irreverent Labs
Clockwork Labs

Decentralized social networks:

Naetion
Braintrust
Minds
Sapien

Decentralized storage:

Filecoin
Storj
Arweave
Skynet Labs

Notable Investors


No investor data is available

Funding data are powered by Crunchbase
arrow
menuarrow
Click here to learn more
Book a demo

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.