35 Blockchain-Based Business Ideas You Can Start With Little Capital [2024]
Interested in starting a blockchain business in 2024?
We put together 35 of the best blockchain businesses you can start in today.
For each business idea, we’ll show you real-world examples of other blockchain businesses to help you see what it really takes.
Here's the full list:
1. Start a cryptocurrency business
How much you can make: $3,699 — $220,000/month
How long does it take to build: 180 days (?)
CBlocks is a cryptocurrency startup that generates random wallets of the top 100 cryptocurrencies, funds them, and ships them on a USB drive alongside software to manage them, with $32k made in the first 30 days and almost $3k on their second day from being featured in TheNextWeb, Forbes, The Outline & LifeHacker all within their first 3 weeks.
2. Create a digital wallet app
A digital wallet is a financial transaction application that runs on mobile devices. In today’s digital era, people demand the freedom to purchase anything and be able to pay from their digital wallets.
With technological advancement, making digital payments has become easier than ever before. Anyone can use mobile payment platforms to pay and accept payments online. Therefore, creating a digital payments wallet can be a great business opportunity.
To create a digital wallet, conduct extensive market research and create a business plan. It would help if you could hire competent programmers to create a secure payment gateway.
How much you can make: $220,000 — $1,500,000/month
How long does it take to build: 400 days (?)
iCard is a leading e-money institution that offers a unique and 100% digital bank account alternative, with their app and services supporting the daily payments of people in over 30 European countries, and since launch in late 2017, the iCard app has seen around 500,000 downloads.
3. Start a real-time shipment tracking business
How much you can make: $500/month
How long does it take to build: 360 days (?)
Marine Digital is a deep-tech company that aims to make modern instruments of decarbonization available for the mass market and has made massive progress in performance digital twin cost reduction (10 times lower than the average market cost), providing opportunities for non-giant marine companies to use it, with 3 pilots earning about €60k.
4. Start a self driving wallet creation business
5. Start a luxury goods verifying business
How much you can make: $8,333,333/month
From humble beginnings of $12k and a mascot, Reddit's success story boasts over 300 million monthly users and a valuation of $1.8 billion, despite growing pains, personal issues and persistent trolls.
6. Start a blockchain services business
How much you can make: $1,000 — $30,000/month
How much does it cost to start: $4,100 (?)
How long does it take to build: 330 days (?)
"Case Study: Olidrel Hub, a Nigerian tech training platform, attracts over 80 interested participants with word-of-mouth marketing, receives initial investment of $2000, and aims to empower 2,000 youths in the next 5 years."
7. Start a medical records management business
8. Start a job board
Starting a job board can be a lucrative way to make money online with little to no start-up costs. The global online job board market size was $28.68B in 2019 and is projected to reach $43.39B by 2027.
It's no secret that finding a job can be tough. In today's job market, it can be tempting to give up on job hunting, but here's another option: start your own job board.
How much you can make: $1,500 — $1,500,000/month
How much does it cost to start: $250 (?)
How long does it take to build: 70 days (?)
Loopcv is a job search automation platform experiencing 15% monthly growth, offering solutions for bootcamps, universities, career coaches, developers, recruitment companies, job boards, affiliates, and companies looking to perform internal restructuring.
9. Start a safer and efficient rideshare business
10. Start an exchange loyalty rewards business
11. Start a cryptocurrency blog
Starting a crypto blog offers an indirect way to make money in the crypto industry by targeting people who trade virtual coins. Traders research the internet for general and specific information, which is critical in helping them reach trading decisions.
Thus, if you are a blogger, use your research and writing skills to publish high-quality crypto-related content. You may write for an existing online publication or create a crypto-related website.
12. Start a trade online advertising space business
13. Start a car parking system business
14. Start a bitcoin vending machine
A bitcoin vending machine allows customers to purchase bitcoin and other cryptocurrencies.
To Start a bitcoin vending machine you need to buy a bitcoin ATM and register the AML/KYC requirements with the BTM compliance. Then, you have to secure a steady bitcoin supply before deploying the machine to a secure location. Finally, you need to load service cash before launching the business.
The BTMs recoup costs through a margin for profit attached to any fees levied on the consumer. With the rate of fees and the overall popularity of Bitcoin, a cryptocurrency ATM is still a highly profitable venture.
15. Start a peer-to-peer rideshare management business
16. Start a decentralized websites hosting business
Decentralized web hosting aims to cut the middleman, preventing websites from being taken down easily or degraded by a service outage of a given vendor.
Sometimes referred to as Web3 hosting, this service ensures the technical resilience of the website and delivers advanced security & privacy.
A few significant players currently dominate the decentralized web hosting market. We expect to see more decentralized web hosting businesses emerge in the coming years. Therefore, entering the market in 2024 is a great idea.
How long does it take to build: 365 days (?)
17. Start a customer loyalty monitoring business
How much you can make: $11,750,000/month
Women's fashion brand Pink Lily has generated over $141M in annual revenue and delivered more than 1.5 million products to customers since 2011, with 56% of customers placing repeat orders and founder Tori Gerbig utilizing her 595K Instagram followers to promote the business.
18. Start an instantaneous peer-to-peer lending business
19. Start a private cloud servers business
20. Start a cryptocurrency payment facilitating business
How much you can make: $220,000/month
How long does it take to build: 400 days (?)
Finvault co-founder Punit Thakker discusses the digital wallet's mission to financially connect users worldwide by providing one platform to manage all bank and crypto accounts; the platform is due to launch with initial features, including a crypto exchange, and is projected to achieve a customer acquisition cost of $10.75 and lifetime value of $4,800 based on a two-year lifecycle assumption.
21. Start a cryptocurrency investment business
How much you can make: $1,000 — $1,000,000/month
How long does it take to build: 180 days (?)
Midas.Investments provides a digital asset investment platform, offering structured passive-income products for users seeking to build a long-term source of income in cryptocurrency while minimizing time and risk capital.
22. Start a fraud detection service
How much you can make: $833,333/month
SEON - the fastest-growing fraud prevention company - which recently became Hungary's most financially secure tech startup after raising a total of $106 million from IVP and Creandum, creates a customer's "digital footprint" to weed out fake accounts and stop fraudulent transactions, has helped over 5000+ merchants to date, saved over 50+ million Euro, and had 1 billion+ transactions reviewed.
23. Start a supply chain management business
Imagine running the engine that keeps global trade and commerce moving- welcome to the world of supply chain management. This business idea encompasses the planning and execution of all processes that bring a product from the manufacturer to the consumer.
You'd be in charge of procuring raw materials, controlling production, monitoring inventory, and managing logistics for timely delivery. Picture it like being the brain of a business, systematically choreographing every move from obtaining a raw material to the point where it finally reaches a happy consumer.
The market for supply chain management services is vast and spans across multiple industries, resulting in a genuinely scalable enterprise. To operate in this essential but complex sector requires strategic thinking, an analytical mind, and solid organizational skills.
If you're someone intrigued by the nitty-gritty details that keep businesses running and hold a passion for logistics and planning, a supply chain management business might be the perfect fit for you. It's a business idea of high strategic value, yet teeming with potential for those who dare to tread this path.
How much you can make: $30,000/month
Inquizity, a B2B supply chain solutions company founded by Ramesh Krishnamurthy, developed an end-to-end supply chain planning solution that includes 120+ clients across various industries and a low-code PWA-based automation platform called dataSAVI, which helped the company bring in over $30K per month.
24. Start a blockchain systems creation business
How much you can make: $35,000 — $1,850,000/month
How long does it take to build: 307 days (?)
HollaEx, an open-source crypto software startup, evolved into a general-purpose crypto service and created a white-label exchange software with a one-day launch, resulting in a revenue of $420k per year as of 2021, with a focus on exchange technology and tackling key crypto infrastructure solutions like wallet tech, exchange hosting, and white-label services.
25. Start a digital identity protection business
How much you can make: $833,333/month
SEON - the fastest-growing fraud prevention company - which recently became Hungary's most financially secure tech startup after raising a total of $106 million from IVP and Creandum, creates a customer's "digital footprint" to weed out fake accounts and stop fraudulent transactions, has helped over 5000+ merchants to date, saved over 50+ million Euro, and had 1 billion+ transactions reviewed.
26. Start a currency conversion website business
Web and app developers provide extensive services that facilitate users to browse through different services without facing geographical barriers. A good example of a modern tool is the currency converter.
A currency conversion mobile application provides an accurate and precise exchange rate based on user requests and lists the real-time rate. Thus, users view updated information helping them track fluctuating rates.
Creating a currency conversion website can attract more users to your website and become profitable as you display ads.
27. Start a medication validity verifying business
28. Start a hotel vacancy errors management business
29. Start an IT support business
Do you enjoy fixing technology problems and believe that you can fix others? If your answer to this question is yes, you might be an ideal candidate for developing an IT support business.
An IT support business is the work that the computer specialists in an organization do to assist their customers and establishments. The IT support expert groups are responsible for setting up and maintaining some crucial information systems and networks.
Starting an IT support business can be challenging, but it can potentially pay off better than your 9 to 5 job. IT support business can be a lucrative way to make money, and the demand is increasing rapidly.
How much you can make: $200 — $1,399,996/month
How much does it cost to start: $100 (?)
How long does it take to build: 100 days (?)
This case study follows the founder of SupportNinja, a company that specializes in providing back-office and customer support outsourcing for tech companies, which generates over $9M ARR, has over 100 clients, and has seen a growth rate of 3,684% in the past 3 years.
30. Start an anti-subscription service business
How much you can make: $16,666,667/month
How long does it take to build: 180 days (?)
Case study: How Birchbox disrupted the beauty industry to attract hundreds of thousands of subscribers, despite receiving negative feedback when it launched in 2010.
31. Start a crypto crowdfunding business
Crypto crowdfunding allows users to donate digital assets to projects.
People post their funding needs on the website and invite community members to participate in crowdfunding projects. Crypto crowdfunding platforms make money by charging a small fee for the transactions. With the crypto crowdfunding trend high, starting your platform can be profitable.
32. Start a hiring credentials authentication business
33. Start a streamline transactions business
34. Start a cloud storage peer-to-peer renting business
35. Start a single-source advertising business
How much you can make: $6,250,000/month
Online printing and design company MOO, founded in 2006, has grown to become one of the world's fastest-growing print firms with over 400 workers in UK and US, offering products like stationery, drinkware and custom products, attracting institutional investors like Index and Atlas for expansion.
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
