5 Web3 Technology Success Stories [2024]

Pat Walls

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Updated: November 1st, 2023

Develop A Web3 Technology

Here are some real life success stories of starting a web3 technology:

1. Finvault ($2.64M/year)

Punit Thakker, the CEO and co-founder of Finvault, came up with the idea for the digital wallet after recognizing the need to bridge the gap between traditional finance and decentralized finance (DeFi). With a background in fintech and cybersecurity, Punit and his co-founder Christian Papathanasiou aim to create an equitable financial ecosystem by providing a platform that allows users to manage all their bank accounts and crypto in one place. They have built a skilled team of developers and designers to bring their idea to life and are preparing for a phased launch into the UK and European markets.

How much they make: $2.64M/year
How much did it cost to start: $700K
Current team size: 13

On Disrupting Fintech & Building A $2.6M/Year Digital Wallet

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.

About

Punit started Finvault almost 3 years ago

Revenue

Punit grew the business to $220K/month

Costs

It cost Punit $700000 to start the business

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Read by 2,403 founders

2. Moralis ($22.2M/year)

How much they make: $22.2M/year
Current team size: 82

Founder’s Story: Moralis

Moralis is the largest blockchain coding academy servicing 38,000 users worldwide and distinguishes itself with its unified workflow for high-performance app building.

About

They started Moralis over 3 years ago

Revenue

They grew the business to $1.85M/month

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Read by 558 founders

3. Moralis

Moralis provides a single workflow for building high performance dapps. Fully compatible with your favorite web3 tools and services.

How much they make:
Where they're located: Stockholm, Sweden
Current team size: 82

4. Web3.0 & Blockchain Certifications

Blockchain Council is a group of Blockchain experts offering Online Blockchain Certifications and Training to Blockchain enthusiasts all over the globe. Join us today!

5. World Wide Technology

Explore on-demand technology labs, thought leadership and a portfolio of services designed to help IT and the business undergo digital transformation.

Where they're located: Saint Louis, Missouri, USA
Website traffic: 330K/month