Understanding Web3: Top 5 Companies to Look out For

Before web3 came web1, the normal internet we can all readily use and relate with. Web 1 gave way to web2, the user-generated version ushered in by social media. And now, there is web 3.0.

Everyone these days seems to be discussing web3 (or occasionally web 3.0), the next purported major improvement to the internet. But what exactly does it mean?

Well, there seem to be some varying views on this. Web3 is still in progress, so it does not have a precise definition yet.

What may be pointed out is that its development is decentralized, and it has a reasonable connection to the notion of the metaverse.

To add to the uncertainty of web3’s definition, what we now commonly refer to as the “semantic web” was often referred to as “web 3.0” until quite recently. Sir Tim Berners-Lee, fondly called the “father of the internet,” first proposed this idea for a machine-to-machine internet.

Nonetheless, what we currently refer to as web3 reflects some of Berners-Lee’s ideas, though not all of them.

Web3 is gaining traction as more well-known companies and artists, from Steve Aoki to Starbucks, integrate Web3 features into their flagship offerings. There is already plenty on offer in iGaming space, from new ways to socialize through multiplayer games or even the ability to try your luck at blackjack online. However, with the rise of Web 3.0 gaming, all of these games could potentially shift to play-to-earn or decentralized gaming models.

That said, let’s look at some of the top web3 companies to look out for in 2023. These are committed to providing their customers with the most reliable and satisfying outcomes possible:

Top 5 Web3 Companies to Look Out For

Messari

Messari provides market knowledge that encourages staunch engagement with the cryptocurrency market. The company provides cutting-edge resources and insight to aid professionals, developers, and communities in their exploration of web3. Since 2018, Messari has dominated the cryptocurrency market intelligence product space, empowering professionals to confidently explore the crypto/Web3 landscape.

Pinata

When it comes to NFTs and other forms of creative content, Pinata is the go-to place for multimedia enthusiasts. Since its inception in 2018, Pinata has remained a driving force in the web3 universe, providing services such as NFT digital strategy and IPFS storage. The company’s primary goal is to provide users with more room for individual expression.

Pinata is thrilled to contribute to the growth and development of a community where innovators and entrepreneurs can flourish as more people become aware of the NFT market’s unrealized potential.

Covalent

Covalent’s universal API aims to make several Web3 data points discoverable. The startup provides a unified API for developers to access and aggregate transaction data from multiple blockchains in a granular fashion. Covalent’s main office is in the beautiful city of Vancouver, Canada.

Neeva

Neeva is a top Web3 startup that searches the web and your inbox to dig up the information you really care about. Neeva solves various exciting problems, from state-of-the-art NLP and ML issues to those involving significant networks and engaging user experiences. Golang, Python, and React form the foundation of their stack, which also includes technologies such as Spark and Kubernetes.

Polygon

Polygon is an Ethereum-based scaling platform designed to help developers create secure, low-cost, scalable decentralized applications. It employs a standardized blockchain built on a proof-of-stake consortium’s protocol, which ensures that every block is generated in the same way.

How to Choose the Best Web3 Company

You should have a clear idea of your web3 consultation budget and desired outcomes before deciding which company to choose. Such details will help you zero in on the most suitable providers. And then, you can take note of the following steps:

List the best companies

Identify the top web3 consulting firms by running a preliminary check. You can either conduct an individual study or consult with renowned professionals in the field.

Filter the list

Sort the options by price and quality of service to create a manageable shortlist. Choose companies that specialize in supplying specialized services if your enterprise has a need for such assistance.

Research and find out more

Once you’ve settled on a few potential names, it’s time to do some corporate research by visiting each of their websites. This is a crucial step because the company’s website is where you’ll learn everything you need to know about the business, and the products and services it offers.

Reach out

As soon as you have a firm grasp of the companies at hand, you can sort them in accordance with your preferences and then personally contact each one. Give the team a detailed description of what you need, and then compare and contrast the costs and services they offer.