Blockchain has a bit of a PR problem. After countless memecoin launches, the tech is heavily associated with fraud and scams. And that’s unfortunate because there are a ton of startups out there using distributed, immutable and freely accessible ledgers for all sorts of genuinely interesting and constructive uses. Here are some of the top blockchain startups in Seattle that are using the tech to its full potential.
Top Blockchain Startups in Seattle
- Kaito
- Coinme
- Mythical Games
- indicio
- Stably
Top Blockchain Startups in Seattle
Kaito is a Web3 startup with backing from Sequoia and Jane Street, two big names in venture capital and quantitative trading. The platform features an AI that analyzes various digital currencies to find lucrative investment opportunities. With Kaito pro, users get additional features such as a custom dashboard, watchlists, and an interactive AI chatbot that provides real-time information on crypto projects.
Coinme is a crypto startup with various products and services. Its most popular is a crypto ATM that enables individuals to buy Bitcoin, Ethereum, Dogecoin, and other assets with cash. However, instead of manufacturing proprietary machines, the company integrates with existing ATM networks and provides greater availability to customers. On the enterprise side, Coinme develops API solutions that leverage the blockchain and help external organizations provide crypto services.
Founded in 2018, Mythical Games provides next-generation gaming solutions for A-list studios and development companies. Its platform uses blockchain technology to create secondary in-game economies, which enables players to have ownership of digital assets, including NFTs and collectables. According to the company, video game franchises like NFL and FIFA use the Mythical Games platform.
Indicio uses blockchain and web3 technologies to provide decentralized enterprise services. Specifically with its Hyperledger Indy solution, the company provides a custom blockchain for identity management. The platform keeps a record of trust on the blockchain to verify a user’s identity.
Stably brands itself as a Stablecoin-as-a-Service, or SCaaS, company and provides blockchain infrastructure to other companies. Founded in 2018, SCaaS services enable others to integrate stablecoin solutions like payments into their digital ecosystem. Stablecoins are digital assets that track the value of real-world assets like the Dollar or gold, making them good options for conducting business transactions.
