10 Most Innovative Companies in 2023:  Blockchain, Crypto, Metaverse, Web3

10 Most Innovative Companies in 2023: Blockchain, Crypto, Metaverse, Web3

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Fast Company | Connie Lin | March 2, 2023

Fast Company 50 worlds most innovative companies - 10 Most Innovative Companies in 2023: Blockchain, Crypto, Metaverse, Web3

Image: Fast Company

In a tumultuous year for crypto and the metaverse, companies such as Roblox, Nike, the Ethereum Foundation, and DressX made real inroads in digital currency, virtual goods, and more.

  • Cryptocurrency may have rocketed into the stratosphere during the pandemic, but in 2022, it came crashing back down to Earth. Millions of people lost billions in the implosions of Terra-Luna, then Celsius, then FTX. With the industry’s dead weight cut loose, some crypto advocates saw a chance for the truly innovative ideas buried amid the rubble to soar.
  • Of course, that meant reimagining what the future of Web3 might look like as companies race to settle crypto’s wild west—including the metaverse, a nebulous concept that many have linked to Web3’s growth as our lives continue to get more digital.
    • Roblox, DressX, and Emperia gave us glimpses into that still-uncharted territory, with successful forays in digital currency, avatar fashion, and virtual shopping experiences.
    • Nike staked its claim among Web3 hypebeasts by channeling sneakerhead culture into its CryptoKicks NFTs.
    • And LinksDAO brought golf onto the blockchain with a decentralized “country club” for players to connect across the globe.

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  • Meanwhile, other companies set out to address the industry’s pitfalls.
    • Chainalysis used its forensic prowess to hunt down crypto funds stolen through hacks and scams, and
    • Ledger engineered a smarter hardware wallet to keep your money safe offline.
    • The Ethereum Foundation worked to mitigate crypto’s climate impact with a tech upgrade dubbed the Merge, and
    • The Hundreds clapped back at the industry’s spotty track record on creator royalties with a reworked smart contract system that makes sure artists get their dues.

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NCFA Jan 2018 resize - 10 Most Innovative Companies in 2023: Blockchain, Crypto, Metaverse, Web3The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada’s Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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