As the popularity of cryptocurrencies grows, a huge number of projects have been created based on the idea of blockchain. Most of them have, of course, failed. But there are some lucky cases in this field.
Most commonly startups are considered from an investment point of view. Investment in a successful project can bring a very good income. It is curious that even regular people can invest in modern start-ups.
Blockchain startups can vary by different criteria:
- Fund Search Method. It can use, for example, crowdfunding services, ICOs, venture capital investments and so on. The last two options are the most popular, as they guarantee that investors will profit if the project succeeds.
- Field. Projects can be in the field of finances, construction or others. The less often the field is presented on the market, the higher the probability that the software for the project will have to be developed from scratch.
- Payment System. Startup creators can use their own payment system, but B2B solutions are also used quite often. Sometimes a combination of both is chosen. It is best to choose a solution which is simpler from a practical point of view.Technology. Depending on the project purpose, it can use, for example, smart contracts and other technologies. The creators choose what they need.