30 Ethereum Based Business Ideas You Can Start Today [2023]

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Updated: January 20th, 2022

30 Ethereum Based Business Ideas You Can Start Today [2023]

Interested in starting a ethereum business in 2023?

We put together 30 of the best ethereum businesses you can start in today.

For each business idea, we’ll show you real-world examples of other ethereum businesses to help you see what it really takes.

Here's the full list:

1. Start a cryptocurrency exchange service ($3.6M/year)

How Much Can You Make?

$25,000 — $300,000/month

View all 4 case studies

Average Initial Investment

$71,666

Skills

Coding Skills

Writing & Research Skills

Design Skills

Business Savvy Skills

Negotiation Skills

Customer Service Skills

Exolix Team from Tallinn started Exolix over 4 years ago, a cryptocurrency exchange service.

Revenue: $300,000/ month
Founders: 3
Employees: 30
Location: Tallinn

Case Study

The idea to create Exolix appeared spontaneously. Our team consists of a fairly large number of people who are involved in the digital field and are interested in and invest in crypto. In such a team, ideas of creating a new product come several times a day, but we wanted to create something really necessary for people, or better, something that we ourselves need. We spent a long time researching, analyzing the market, looking for the value that could form the basis of our product.

The ability to provide an absolutely secure and anonymous crypto exchange service, where the user is protected from sharp price fluctuations in the market by setting a fixed rate. So that the user has complete freedom, given the absence of a maximum limit for the exchange amount. This seemed to us quite valuable. Today we can say that Exolix is a product created from a heart and not only for our customers but for ourselves.

on-starting-a-cryptocurrency-exchange-platform

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On Starting A Cryptocurrency Exchange Platform ➜

2. Create an online course ($1.44M/year)

How Much Can You Make?

$350 — $3,735,000/month

View all 49 case studies

Average Initial Investment

$6,531

Time To Revenue

150 days

Skills

Self Motivation Skills

Business Savvy Skills

Writing & Research Skills

Rasmus & Christian Mikkelsen (or Mikkelsen Twins) from Chester, New Jersey, USA started Mikkelsen Twins almost 5 years ago, a online course.

Revenue: $120,000/ month
Founders: 2
Employees: 2
Location: Chester, New Jersey, USA

Case Study

We never had a moment like “Ah ha! Let’s start an online education company!”, it just naturally evolved and grew into what it is today.

But I can tell you exactly how we got here. Before we get into how we first discovered what entrepreneurship even is, I want to paint the picture of what life was like even before that.

Up until we were 21 years old, we were 2 guys just going through life on autopilot with no regard for the future. Worrying about what my next week would look like was hard enough. Then we basically “woke up” and found ourselves in a 1 bedroom apartment in Aarhus, Denmark, not showing up to our part-time job anymore and smoking pot every day. For the first time, we reflected on ourselves, what we were doing and we just felt embarrassed. We were wasting our precious time away doing absolutely nothing. I don’t want to get too into the emotions felt, but it was a rock bottom for us. Long story short, we have a private twin meeting and said to each other “this is f\cking sad, we have to change”. And because we had each other, we developed motivation and ambition to prove we weren’t useless, waste-of-space losers (but that’s exactly how we had acted).

how-we-launched-a-120k-month-audiobook-publishing-course

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How We Launched A $120K/Month Audiobook Publishing Course ➜

3. Start a dropshipping business ($0/year)

How Much Can You Make?

$6,000 — $3,000,000/month

View all 12 case studies

Average Initial Investment

$11,116

Time Commitment Per Week

Min. 10 hours/week

Skills

Negotiation Skills

Customer Service Skills

Business Savvy Skills

Marketing

Work Ethic

Time Management

Organizational

People Skills

Interests

Travel

Outdoors

Work

Sales

Ecommerce

Finance

Business model

E-Commerce

Amanda Austin from Erie, Pennsylvania, USA started Little Shop of Miniatures about 6 years ago, a dropshipping business.

Revenue: $/ month
Founders: 1
Employees: 0
Location: Erie, Pennsylvania, USA

Case Study

I was unhappily working in marketing for a Fortune 500 insurance company when I started looking at ways to create a new income stream. I became interested in ecommerce and invested in a course to learn more. I compiled a list of keywords for products that had decent search volume and not terribly competitive to rank for in organic search. I used Long Tail Pro to get ideas--I had so many when I first started!

My business is a small, mostly passive income stream and I’m okay with that. There is so much more I could be doing with my store, but right now I am loving the extra income stream that allows me to work part-time at my day job and spend more time with my infant daughter.

A bunch of keywords in the dollhouse miniatures space fit the bill. I used Long Tail Pro and looked for keywords that were competitive--which on there is a score in the twenties or low thirties. I also wanted them to have at least 2,000 searches per month. This is not a ton, but five keywords with that search volume that are not that competitive can lead to a decent number of organic traffic if you build your site the right way. My advice to aspiring entrepreneurs is to find a niche with a nice handful of keywords you can rank for with quality content and a nice backlinking strategy. Don’t try to be number one for some saturated keyword that has a million searches a month. Go for keywords where you stand a chance of ranking--this is usually so-called long tail keywords that are really phrases--for example, “wooden dollhouse furniture” instead of just “dollhouse.”

how-i-started-a-part-time-dropship-business-on-shopify

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How I Started A Part Time Dropship Business On Shopify ➜

4. ($384K/year)

Auston Bunsen from Miami, Florida, USA started CBlocks.io about 5 years ago, a business.

Revenue: $32,000/ month
Founders: 3
Employees: 0
Location: Miami, Florida, USA

Case Study

I’ve been a web developer for like 12 years, I’ve learned about all sorts of cool technologies over the years.

In 2011, I went to a meetup called Hack&Tell and heard about Bitcoin from another developer named Michael Greenberg. A couple years later, in 2013, I started to mess around with the technology in my free time. In the middle of last year, I started getting into Ethereum and began to evangelize the technology. I believe it’s an awesome platform to build on. I convinced almost every single person I worked with to buy Ethereum and always got feedback that it was “so hard to get started with”.

So, my co-founder Mario and I were all hanging out on Mario’s last day at Wyncode (where we all worked together), and Mario was saying he wanted to get into crypto.

earning-32-000-in-30-days-with-a-crypto-filled-usb-drive

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Earning $32,000 in 30 Days With a Crypto-Filled USB Drive ➜

5. Start a consulting business ($0/year)

How Much Can You Make?

$100 — $2,500,000/month

View all 35 case studies

Average Initial Investment

$7,739

Skills

Writing & Research Skills

Design Skills

Business Savvy Skills

Customer Service Skills

Self Motivation Skills

Liz Illg from Phoenix, AZ, USA started Liz Illg almost 4 years ago, a consulting business.

Revenue: $0/ month
Founders: 1
Employees: 2
Location: Phoenix, AZ, USA

Case Study

I remember vividly when my idea of business consulting came to me. I was at a networking conference with other business owners and when I stood up to introduce myself to the group, I called myself a systems consultant.

Industries change. Times are constantly changing. Relationships, if built regularly, can last forever!

From that day forward, I created the perfect way to audit an operational system or create one, effectively and efficiently. My systems consultation service is still available to this day and I’ve helped business owners dial in theirs to allow them to grow and transform their teams.

how-building-a-successful-pet-grooming-business-led-to-starting-a-consulting-business-and-boutique-marketing-agency

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How Building A Successful Pet Grooming Business Led To Starting A Con... ➜

6. Start an ethereum hardware mining business

Examples of a successful ethereum hardware mining business:

Here are some great videos on how to get started with a ethereum hardware mining business:

For further info, check out these books and products:

Learn more about starting an ethereum hardware mining business ➜

7. Start a decentralized app

Average Initial Investment

$30,000

Skills

Writing & Research Skills

Coding Skills

Design Skills

Business Savvy Skills

Self Motivation Skills

Examples of a successful decentralized app:

Here are some great videos on how to get started with a decentralized app:

For further info, check out these books and products:

Learn more about starting a decentralized app ➜

8. Start an ethereum domain name business

Examples of a successful ethereum domain name business:

Pi Network

Here are some great videos on how to get started with a ethereum domain name business:

For further info, check out these books and products:

Learn more about starting an ethereum domain name business ➜

9. Start a crypto cybersecurity system ($2.76M/year)

How Much Can You Make?

$91,000 — $1,000,000/month

View all 4 case studies

Average Initial Investment

$350,000

Skills

Writing & Research Skills

Coding Skills

Design Skills

Business Savvy Skills

Negotiation Skills

Customer Service Skills

Examples of a successful crypto cybersecurity system:

Here are some great videos on how to get started with a crypto cybersecurity system:

For further info, check out these books and products:

Learn more about starting a crypto cybersecurity system ➜

Case Study

Hey there! My name is Taylor Hersom and I am the founder of Eden Data. Eden Data is a cybersecurity consulting firm focused on helping startups build better security as they grow.

Since starting the company in March of 2020, we have scaled to four team members and an MRR of $45k, all through remote services and nearly no startup costs.

how-i-started-a-45k-month-cybersecurity-consulting-firm-for-startups

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How I Started A $45K/Month Cybersecurity Consulting Firm For Startups ➜

10. Start an ethereum forum business

Examples of a successful ethereum forum business:

Here are some great videos on how to get started with a ethereum forum business:

For further info, check out these books and products:

Learn more about starting an ethereum forum business ➜

11. Start a bitcoin vending machine

Examples of a successful bitcoin vending machine:

Here are some great videos on how to get started with a bitcoin vending machine:

For further info, check out these books and products:

Learn more about starting a bitcoin vending machine ➜

12. Start a day trade ethereum account

Examples of a successful day trade ethereum account:

Here are some great videos on how to get started with a day trade ethereum account:

For further info, check out these books and products:

Learn more about starting a day trade ethereum account ➜

13. Start an ethereum user manual business

Examples of a successful ethereum user manual business:

Here are some great videos on how to get started with a ethereum user manual business:

For further info, check out these books and products:

Learn more about starting an ethereum user manual business ➜

14. Start an ethereum website business

Examples of a successful ethereum website business:

Here are some great videos on how to get started with a ethereum website business:

For further info, check out these books and products:

Learn more about starting an ethereum website business ➜

15. Start a cryptocurrency real estate business

Examples of a successful cryptocurrency real estate business:

Here are some great videos on how to get started with a cryptocurrency real estate business:

For further info, check out these books and products:

Learn more about starting a cryptocurrency real estate business ➜

16. Start an ethereum oracle

Examples of a successful ethereum oracle:

Here are some great videos on how to get started with a ethereum oracle:

For further info, check out these books and products:

Learn more about starting an ethereum oracle ➜

17. Start a merchant wallet account

How Much Can You Make?

$2,000,000/month

View all 1 case studies

Skills

Writing & Research Skills

Coding Skills

Design Skills

Business Savvy Skills

Negotiation Skills

Customer Service Skills

Examples of a successful merchant wallet account:

Here are some great videos on how to get started with a merchant wallet account:

For further info, check out these books and products:

Learn more about starting a merchant wallet account ➜

Case Study

Hi! This is Fida Haq and I am the MD and CEO of shurjoPay since its inception in 2010.

During Q1 of 2021, shurjoPay is averaging a transactional volume of USD 1.5M per month with the total number of merchants exceeding 600. We believe shurjoPay's impact in bringing about a change in the country’s online payment collection system has been transformational.

how-we-developed-a-1-5m-month-online-payment-gateaway

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How We Developed A $1.5M/Month Online Payment Gateaway ➜

18. Start a tools for ethereum traders

Examples of a successful tools for ethereum traders :

Here are some great videos on how to get started with a tools for ethereum traders :

For further info, check out these books and products:

Learn more about starting a tools for ethereum traders ➜

19. Start an ethereum news site business

Examples of a successful ethereum news site business:

Here are some great videos on how to get started with a ethereum news site business:

For further info, check out these books and products:

Learn more about starting an ethereum news site business ➜

20. Start an ethereum broker

Examples of a successful ethereum broker:

Here are some great videos on how to get started with a ethereum broker:

For further info, check out these books and products:

Learn more about starting an ethereum broker ➜

21. Start an ethereum reseller business

Examples of a successful ethereum reseller business:

Here are some great videos on how to get started with a ethereum reseller business:

For further info, check out these books and products:

Learn more about starting an ethereum reseller business ➜

22. Start an ethereum paid to click site business

Examples of a successful ethereum paid to click site business:

Here are some great videos on how to get started with a ethereum paid to click site business:

Learn more about starting an ethereum paid to click site business ➜

23. Start an ethereum ATM business

Examples of a successful ethereum ATM business:

Here are some great videos on how to get started with a ethereum ATM business:

For further info, check out these books and products:

Learn more about starting an ethereum ATM business ➜

24. Start a charity that accepts cryptocurrencies

Examples of a successful charity that accepts cryptocurrencies:

Here are some great videos on how to get started with a charity that accepts cryptocurrencies:

For further info, check out these books and products:

Learn more about starting a charity that accepts cryptocurrencies ➜

25. Start an ethereum crowdfunding website business ($3.6M/year)

How Much Can You Make?

$300,000/month

View all 1 case studies

Skills

Writing & Research Skills

Coding Skills

Design Skills

Business Savvy Skills

Negotiation Skills

Customer Service Skills

Examples of a successful ethereum crowdfunding website business:

Here are some great videos on how to get started with a ethereum crowdfunding website business:

For further info, check out these books and products:

Learn more about starting an ethereum crowdfunding website business ➜

Case Study

My name is Narek Vardanyan, and I am the co-founder and CEO of The Crowdfunding Formula (also known as TCF).

At the end of the day, we are on a mission to build an ecosystem that will help “ordinary people” overcome all barriers to entry and become creators, inventors, and entrepreneurs, compete with the global sharks and thrive — by offering them all the necessary financial, marketing, and learning solutions.

i-make-4m-year-helping-people-run-successful-crowdfunding-campaigns

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I Make $4M/Year Helping People Run Successful Crowdfunding Campaigns ➜

26. Start a KYC chain business

Examples of a successful KYC chain business:

Here are some great videos on how to get started with a KYC chain business:

For further info, check out these books and products:

Learn more about starting a KYC chain business ➜

27. Start an ethereum lending business

Examples of a successful ethereum lending business:

Here are some great videos on how to get started with a ethereum lending business:

For further info, check out these books and products:

Learn more about starting an ethereum lending business ➜

28. Start an ethereum MLM business

Examples of a successful ethereum MLM business:

Here are some great videos on how to get started with a ethereum MLM business:

For further info, check out these books and products:

Learn more about starting an ethereum MLM business ➜

29. Start an ethereum escrow business

Examples of a successful ethereum escrow business:

Here are some great videos on how to get started with a ethereum escrow business:

For further info, check out these books and products:

Learn more about starting an ethereum escrow business ➜

30. Start an online gambling with smart contracts business

Examples of a successful online gambling with smart contracts business:

Here are some great videos on how to get started with a online gambling with smart contracts business:

For further info, check out these books and products:

Learn more about starting an online gambling with smart contracts business ➜

Pat Walls, Founder of Starter Story

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Pat Walls

I'm Pat Walls and I created Starter Story - a website dedicated to helping people start businesses. We interview entrepreneurs from around the world about how they started and grew their businesses.

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