Topics In Demand
Notification
New

No notification found.

The 10 Most Successful Cryptocurrency Business Models Of Today
The 10 Most Successful Cryptocurrency Business Models Of Today

May 19, 2020

22595

0

There are tons of million crypto-based small businesses running around the world, and 6,43,000 more are started every month. So if you’ve got a cryptocurrency or blockchain business idea and you want to stand out from the crowd and succeed, you better have a unique value proposition, diverse revenue streams, and loads of creativity. To inspire you, we’ve rounded up 10 unique business models that have proven their model works. From healthcare to fintech, these companies are rethinking revenue and creating compelling value for parties on both sides of the transaction.

The crypto business model is at the core of any successful startup because no matter how cool an idea is or how unique something may seem, a startup must have a new way of making money that is worthy enough for future investment and to sustain itself. Many new startup owners throw around the term “Cryptocurrency Revenue Business Model” when discussing and planning strategies for their venture. Questions like “What crypto business model works best with my idea?” or “How do I know if my startup is using the right crypto business model?” are a few questions owners need to consider which will basically impact the overall success of their venture in the long run.

There are many crypto-based business models available to generate revenue that has already been proven, and as a founder, it is your job to figure out which one works best with your business. If you don’t know where to start, here are 10 cryptocurrency business models to consider for your startup that has proven to be successful for many startup and business ventures across the world.

Cryptocurrency is a decentralized digital coin that uses encryption to make money and to verify transactions. In simpler terms, it’s an alternative to traditional currencies like USD, EUR, DZD, and more, which are backed by a centralized government like the US Dollar (USD).

There are many specific cryptocurrencies currently becoming popular and broadly-used as currencies, commodities, and electronic payment systems. The most generally-used cryptocurrency is, by far, Bitcoin, Ripple, Ethereum, Litecoin, and more. These Crypto coins are growing in both public recognition and value.

What are the primary advantages of using cryptocurrency:

Secure Transactions
Digital Asset Transfers without a middleman
More Confidential Transactions
Low Transaction Fees
Greater Access to Credit
Easier International Trade
Individual Ownership
Adaptability
Strong Security

Top 10 Great Crypto Business Models to Consider for a Startup!

Cryptocurrency & Altcoin Development
Token Development & Exchange ( Ethereum)
Cryptocurrency Exchange /Trading Startups
Bitcoin Wallet Service Startups
Bitcoin Forking Startups
Cryptocurrency MLM Service for Startups
Decentralized Exchange with Atomic Swaps
ICO – Initial Coin Offering
STO – Security Token Offerings
Private Blockchain Implementation For Business

Cryptocurrency & Altcoin Development:

Over recent years, cryptocurrency has been rapidly gained its market and make it easier for users to do a secure and fast transaction. So most of the startup to the large enterprise is interested in crypto coin development. A crypto coin designed to work as a medium using cryptography to secure transactions. Crypto coins are generally used in the same way as real-life coins. Developcoins offers newly and customized crypto coin development services from complete development to successful launch.

Cryptocurrency/ Bitcoin Forking:

Bitcoin Forking is the easiest way to create a new cryptocurrency. To create a new cryptocurrency like bitcoin one has to have certain skills and abilities in programming. Changing a couple of lines precisely in the bitcoin source code can give birth to a new crypto coin like bitcoin.

Cryptocurrency / Bitcoin Trading & Exchange Model:

If you want to run the crypto exchange business, every transaction can bring you profit. When you enter into the exchange business, the money will efficiently come. The primary thing is to start and to gain trust from the traders. Once your crypto exchange website gets huge traders, then your profit gets higher. Crypto exchange (Centralized & Decentralized), Crypto trading & bot is one of the most popularized & revenue models in 2020.

Cryptocurrency MLM Business Model:

In the current era, crypto-based MLM business gaining more popularity and bring more revenue for startups to large businesses that are all interested to start their MLM business with cryptocurrency.

 

Blockchain Development Solutions

Blockchain is one of the promising technology and many startups to businesses are currently move their business into distributed blockchain technology. Developcoins cover all the solutions that are related to the blockchain with high accuracy and uniqueness. We deliver all blockchain-development services on time at affordable prices. Their Blockchain services involve the following :

1. Private / Public Blockchain Development.

2. ICO / STO Development

3. Dapp Development

 


That the contents of third-party articles/blogs published here on the website, and the interpretation of all information in the article/blogs such as data, maps, numbers, opinions etc. displayed in the article/blogs and views or the opinions expressed within the content are solely of the author's; and do not reflect the opinions and beliefs of NASSCOM or its affiliates in any manner. NASSCOM does not take any liability w.r.t. content in any manner and will not be liable in any manner whatsoever for any kind of liability arising out of any act, error or omission. The contents of third-party article/blogs published, are provided solely as convenience; and the presence of these articles/blogs should not, under any circumstances, be considered as an endorsement of the contents by NASSCOM in any manner; and if you chose to access these articles/blogs , you do so at your own risk.


Hi, I am Evangeline Giselle. I am business analyst provding crystal clear ideas over crypto, blockchain, NFT, DeFi, Metavere and so on. Visit >> https://www.developcoins.com/

Comment

images

Nice Article. current financial systems are outdated. that is why we are here. the cryptocurrency business is growing enormously in recent days. Here I like to suggest the latest article on 11 profitable cryptocurrency business ideas 2021 will answer all your questions about cryptocurrency business. read it our - https://www.alwin.io/blog/cryptocurrency-business-ideas

images

According to reviews, the Ledger Nano X is the best crypto wallet currently available in the U.S. In addition, this wallet contains high spec security features. So, you do not have to worry about hacking attacks or theft of any sort.

© Copyright nasscom. All Rights Reserved.