35 Blockchain-Based Business Ideas You Can Start With Little Capital [2024]
Interested in starting a blockchain business in 2024?
We put together 35 of the best blockchain businesses you can start in today.
For each business idea, we’ll show you real-world examples of other blockchain businesses to help you see what it really takes.
Here's the full list:
1. Start a cryptocurrency business
Curious about tapping into the digital gold rush? Consider starting a cryptocurrency business. This venture involves engaging with digital currencies like Bitcoin, Ethereum, and emerging altcoins.
You’ll be diving into a world that blends finance and technology, offering services like crypto trading, mining, or developing blockchain-based applications. It’s an industry ripe with potential, but it demands a firm grasp of market trends and a willingness to stay up-to-date with regulatory changes.
Imagine harnessing the power of the blockchain to offer secure, transparent financial solutions. There’s considerable opportunity for innovation, whether it's launching your own token or building a crypto exchange platform. Given that the field is still evolving, there's room for newcomers to carve out a niche and make a significant impact.
Starting a cryptocurrency business requires tech-savvy, strategic thinking, and resilience. Although challenging, it's a venture that could place you at the forefront of a financial revolution.
How much you can make: $3,699 — $220,000/month
How long does it take to build: 135 days (?)
CBlocks is a cryptocurrency startup that generates random wallets of the top 100 cryptocurrencies, funds them, and ships them on a USB drive alongside software to manage them, with $32k made in the first 30 days and almost $3k on their second day from being featured in TheNextWeb, Forbes, The Outline & LifeHacker all within their first 3 weeks.
2. Create a digital wallet app
A digital wallet is a financial transaction application that runs on mobile devices. In today’s digital era, people demand the freedom to purchase anything and be able to pay from their digital wallets.
With technological advancement, making digital payments has become easier than ever before. Anyone can use mobile payment platforms to pay and accept payments online. Therefore, creating a digital payments wallet can be a great business opportunity.
To create a digital wallet, conduct extensive market research and create a business plan. It would help if you could hire competent programmers to create a secure payment gateway.
How much you can make: $1,000 — $1,500,000/month
How long does it take to build: 215 days (?)
iCard is a leading e-money institution that offers a unique and 100% digital bank account alternative, with their app and services supporting the daily payments of people in over 30 European countries, and since launch in late 2017, the iCard app has seen around 500,000 downloads.
3. Start a real-time shipment tracking business
In a world where logistics can make or break a business, real-time shipment tracking offers a game-changing solution. This business idea revolves around providing companies with the ability to monitor their shipments in real time, ensuring transparency and enhancing customer trust.
By leveraging GPS technology and IoT devices, this service allows businesses to track the exact location of their goods, estimate delivery times accurately, and promptly address any issues that arise during transit. It’s a straightforward concept but one that requires a robust tech backbone and effective client communication.
For entrepreneurs willing to invest in state-of-the-art tracking systems and dedicate themselves to building strong partnerships with logistics companies, the real-time shipment tracking business holds significant promise. The demand for such services is poised to grow as ecommerce continues to expand, making this a smart choice for those looking to enter a technologically driven market.
How much you can make: $500/month
How long does it take to build: 360 days (?)
Marine Digital is a deep-tech company that aims to make modern instruments of decarbonization available for the mass market and has made massive progress in performance digital twin cost reduction (10 times lower than the average market cost), providing opportunities for non-giant marine companies to use it, with 3 pilots earning about €60k.
4. Start a self driving wallet creation business
5. Start a luxury goods verifying business
In a world where authenticity is paramount, a luxury goods verifying business addresses a crucial need. At its core, this venture centers on confirming the genuineness of high-end items like designer handbags, watches, and jewelry.
With the rise of counterfeit goods, there's a growing market for services that vet the true value and authenticity of luxury products. Your business would involve skilled experts inspecting these items through a combination of physical examination and advanced technology.
By providing this service, you'll build trust among discerning buyers and sellers, ensuring they get exactly what they pay for. While it demands meticulous attention to detail and stringent verification processes, the payoff is a unique niche market with substantial demand. If you have an eye for luxury and a commitment to quality, this might be the ideal business to start.
How much you can make: $20,000/month
How much does it cost to start: $6,025 (?)
How long does it take to build: 60 days (?)
Legit Check By Ch is an authentication company for luxury items that has almost 10 million users and generates $200,000+ per year with 95%+ profit margins, helping customers get their money back from scams and proving a model for building distribution before building the product.
6. Start a blockchain services business
Unlock the potential of the digital economy with a blockchain services business. This venture involves offering specialized services that leverage blockchain technology to enhance transparency, security, and efficiency in various sectors.
As a provider, you'll help businesses integrate blockchain solutions into their operations, whether it's for secure transactions, supply chain management, or data integrity.
Blockchain is rapidly gaining traction, and businesses are increasingly keen to adopt it but lack the expertise. By becoming a blockchain consultant or developer, you address this gap, making you an invaluable asset.
If you have a knack for technology and a desire to drive innovation, this could be a promising avenue. The growing demand for decentralized solutions makes now the perfect time to dive into the blockchain services market.
How much you can make: $1,000/month
How much does it cost to start: $7,050 (?)
How long does it take to build: 180 days (?)
"Case Study: Olidrel Hub, a Nigerian tech training platform, attracts over 80 interested participants with word-of-mouth marketing, receives initial investment of $2000, and aims to empower 2,000 youths in the next 5 years."
7. Start a medical records management business
8. Start a job board
Starting a job board can be a lucrative way to make money online with little to no start-up costs. The global online job board market size was $28.68B in 2019 and is projected to reach $43.39B by 2027.
It's no secret that finding a job can be tough. In today's job market, it can be tempting to give up on job hunting, but here's another option: start your own job board.
How much you can make: $1,500 — $1,500,000/month
How much does it cost to start: $297 (?)
How long does it take to build: 80 days (?)
Loopcv is a job search automation platform experiencing 15% monthly growth, offering solutions for bootcamps, universities, career coaches, developers, recruitment companies, job boards, affiliates, and companies looking to perform internal restructuring.
9. Start a safer and efficient rideshare business
If you're seeking an impactful business idea, a safer and efficient rideshare service deserves your consideration. This concept revolves around enhancing traditional ridesharing by focusing intently on safety and operational efficiency.
The business aims to bridge the gap between customer satisfaction and safety, achieved through rigorous driver vetting, real-time vehicle tracking, and strict adherence to hygiene protocols. Efficiency is further heightened by leveraging advanced algorithms to optimize route planning and reduce wait times.
Beyond just another rideshare service, this venture addresses critical issues in the current market, offering an irresistible value proposition to both drivers and passengers. The potential here is significant with a robust backend system ensuring smooth operations and reduced downtime.
For those willing to navigate through initial regulatory compliance and market research, this business can yield substantial rewards. It's an opportunity to make a tangible difference in urban mobility while establishing a trusted brand.
How much you can make: $150,000/month
How long does it take to build: 120 days (?)
Riders Share, an online marketplace for motorcycle rentals, has generated over $3.5 million in venture capital since February 2018 with over 120,000 registered users and a margin of around 45%, proving it's possible to create successful businesses in niche markets.
10. Start an exchange loyalty rewards business
Ever wondered how you could turn unused loyalty points into cash or other rewards? Consider starting an exchange loyalty rewards business.
In simple terms, this venture allows customers to convert their accumulated loyalty points from various programs into something more versatile, like gift cards or even direct cash deposits.
Picture the convenience this offers—an easy way for consumers to maximize the value of their points, typically stuck and forgotten. Plus, it provides businesses with an innovative value-added service to attract and retain customers.
Setting up this business will involve negotiating with loyalty programs, creating a user-friendly platform, and a robust marketing strategy to draw in both consumers and participating brands.
While the technical aspects may require some effort, the opportunity to build a successful enterprise that solves a common consumer problem is substantial.
How much you can make: $150,000/month
AwardWallet is a loyalty program tracking website which has grown to over $150,000 in monthly revenue, and since launch has retained users mainly through word of mouth due to its superior product in the space.
11. Start a cryptocurrency blog
Starting a crypto blog offers an indirect way to make money in the crypto industry by targeting people who trade virtual coins. Traders research the internet for general and specific information, which is critical in helping them reach trading decisions.
Thus, if you are a blogger, use your research and writing skills to publish high-quality crypto-related content. You may write for an existing online publication or create a crypto-related website.
How long does it take to build: 12 days (?)
12. Start a trade online advertising space business
13. Start a car parking system business
14. Start a bitcoin vending machine
A bitcoin vending machine allows customers to purchase bitcoin and other cryptocurrencies.
To Start a bitcoin vending machine you need to buy a bitcoin ATM and register the AML/KYC requirements with the BTM compliance. Then, you have to secure a steady bitcoin supply before deploying the machine to a secure location. Finally, you need to load service cash before launching the business.
The BTMs recoup costs through a margin for profit attached to any fees levied on the consumer. With the rate of fees and the overall popularity of Bitcoin, a cryptocurrency ATM is still a highly profitable venture.
15. Start a peer-to-peer rideshare management business
16. Start a decentralized websites hosting business
Decentralized web hosting aims to cut the middleman, preventing websites from being taken down easily or degraded by a service outage of a given vendor.
Sometimes referred to as Web3 hosting, this service ensures the technical resilience of the website and delivers advanced security & privacy.
A few significant players currently dominate the decentralized web hosting market. We expect to see more decentralized web hosting businesses emerge in the coming years. Therefore, entering the market in 2024 is a great idea.
How long does it take to build: 365 days (?)
17. Start a customer loyalty monitoring business
In today’s hyper-competitive markets, understanding your customers can be the key to ongoing success. A customer loyalty monitoring business does just that. This venture involves leveraging data analytics to track customer habits, preferences, and loyalty metrics for businesses.
Through software tools, you provide companies with actionable insights into their customer base, helping them tailor marketing strategies and improve retention rates. As more companies recognize the importance of customer loyalty, your expertise becomes invaluable.
You can start by offering basic analytic reports and gradually move to advanced services like personalized marketing strategies based on customer behavior. By capitalizing on the growing need for data-driven decisions, you can turn customer loyalty monitoring into a thriving business.
How much you can make: $16,000 — $150,000/month
How long does it take to build: 365 days (?)
AwardWallet is a loyalty program tracking website which has grown to over $150,000 in monthly revenue, and since launch has retained users mainly through word of mouth due to its superior product in the space.
18. Start an instantaneous peer-to-peer lending business
19. Start a private cloud servers business
Building a private cloud servers business taps into the growing demand for data privacy and security. Imagine maintaining control over critical data with tailored computing resources—what you're providing is a customized digital fortress.
This business involves offering specialized cloud infrastructure to organizations that prefer private solutions over public cloud options. You'll be responsible for setting up, managing, and optimizing dedicated cloud environments that cater specifically to your clients' needs, ensuring their data remains within an exclusive, secure network.
Think about sectors like finance, healthcare, and government, which are constantly seeking robust, private cloud solutions to meet regulatory compliance and data security standards. Starting a business in this realm could put you at the forefront of securing sensitive information, addressing rising privacy concerns, and building trust with high-profile clients.
Launching this venture will require technical expertise, significant upfront investment in infrastructure, and a strong emphasis on sale and customer support to maintain and grow your client base.
How much you can make: $82,386/month
How long does it take to build: 60 days (?)
Jake Gaba tripled his game server hosting company's monthly recurring revenue from $1,600 MRR to $5,000 MRR after buying the business for $25,000, and has since launched new services for Viking and Valheim gaming servers under a distinct and memorable central hub brand, Indifferent Broccoli.
20. Start a cryptocurrency payment facilitating business
Cryptocurrency is changing how we handle money, and a business facilitating cryptocurrency payments might be your next venture. Essentially, you're creating a platform to help businesses accept payments in various cryptocurrencies, making transactions seamless and secure.
Setting up this business means developing or integrating software that converts digital currencies into fiat ones, handling conversion rates, and ensuring compliance with regulations. The need for secure, fast, and cost-effective transactions keeps growing, and businesses are looking for reliable solutions.
The complexities are real—managing security risks, staying updated with legal requirements, and educating clients on the benefits of cryptocurrency. However, the demand for cryptocurrency payment systems is rising, and being at the forefront of this financial evolution could be both lucrative and fulfilling. Consider it if you enjoy navigating the ever-evolving world of digital finance.
How much you can make: $220,000/month
How long does it take to build: 400 days (?)
Finvault co-founder Punit Thakker discusses the digital wallet's mission to financially connect users worldwide by providing one platform to manage all bank and crypto accounts; the platform is due to launch with initial features, including a crypto exchange, and is projected to achieve a customer acquisition cost of $10.75 and lifetime value of $4,800 based on a two-year lifecycle assumption.
21. Start a cryptocurrency investment business
Have a knack for navigating the future of finance? Consider starting a cryptocurrency investment business. This business involves managing cryptocurrency investments for clients, providing them with informed advice and strategies to maximize their returns.
You'll spend time researching various cryptocurrencies, understanding market trends, and advising clients on how to allocate their assets. You'll need to stay updated with regulatory changes and technological advancements.
The upside? With proper expertise and diligence, you can cater to a growing client base interested in exploring the high-stakes world of digital currencies. The key here is continuous learning and staying ahead in a space that's ever-evolving.
Intrigued by the dynamic and potentially lucrative world of cryptocurrency investments? Turn your passion for digital currencies into a profitable venture while guiding others through the complexities of the crypto market.
How much you can make: $1,000,000/month
How long does it take to build: 180 days (?)
Midas.Investments provides a digital asset investment platform, offering structured passive-income products for users seeking to build a long-term source of income in cryptocurrency while minimizing time and risk capital.
22. Start a fraud detection service
Fraud is a looming threat for businesses of all sizes. A fraud detection service aims to mitigate this risk by employing advanced algorithms and machine learning to identify fraudulent activities in real time.
Imagine being the go-to expert that companies trust to safeguard their assets. You'll set up systems that watch transactional data, spot anomalies, and flag suspicious activity. It's a blend of tech-savviness and analytical prowess, making it an exciting choice for those skilled in data analytics.
Not only will you provide peace of mind to your clients, but you’ll also play a crucial role in the broader fight against financial crime. If you enjoy diving into data and have a knack for solving complex problems, starting a fraud detection service can be both a challenging and rewarding venture.
23. Start a supply chain management business
Imagine running the engine that keeps global trade and commerce moving- welcome to the world of supply chain management. This business idea encompasses the planning and execution of all processes that bring a product from the manufacturer to the consumer.
You'd be in charge of procuring raw materials, controlling production, monitoring inventory, and managing logistics for timely delivery. Picture it like being the brain of a business, systematically choreographing every move from obtaining a raw material to the point where it finally reaches a happy consumer.
The market for supply chain management services is vast and spans across multiple industries, resulting in a genuinely scalable enterprise. To operate in this essential but complex sector requires strategic thinking, an analytical mind, and solid organizational skills.
If you're someone intrigued by the nitty-gritty details that keep businesses running and hold a passion for logistics and planning, a supply chain management business might be the perfect fit for you. It's a business idea of high strategic value, yet teeming with potential for those who dare to tread this path.
How much you can make: $30,000 — $6,500,000/month
How long does it take to build: 151 days (?)
Inquizity, a B2B supply chain solutions company founded by Ramesh Krishnamurthy, developed an end-to-end supply chain planning solution that includes 120+ clients across various industries and a low-code PWA-based automation platform called dataSAVI, which helped the company bring in over $30K per month.
24. Start a blockchain systems creation business
Curious about the potential of blockchain beyond cryptocurrencies? Consider starting a blockchain systems creation business. At its core, this venture involves developing and implementing blockchain protocols and solutions for businesses, enabling secure and transparent transactions.
You'll need to understand blockchain technology and its applications in fields like finance, healthcare, and supply chain management. With this knowledge, you can offer tailored blockchain solutions that improve efficiency and trust in business processes.
This business idea is intriguing due to the growing adoption of blockchain technology and its promise to revolutionize various industries. For those driven to innovate and solve complex problems, the opportunities in blockchain systems creation are vast and promising. Starting this business not only places you at the forefront of technological advancement but also allows you to contribute to the emerging digital economy.
How much you can make: $10,000 — $35,000/month
How long does it take to build: 365 days (?)
HollaEx, an open-source crypto software startup, evolved into a general-purpose crypto service and created a white-label exchange software with a one-day launch, resulting in a revenue of $420k per year as of 2021, with a focus on exchange technology and tackling key crypto infrastructure solutions like wallet tech, exchange hosting, and white-label services.
25. Start a digital identity protection business
In an increasingly digital world, safeguarding personal information is more critical than ever. Digital identity protection is a business that aims to secure individuals' online identities from theft, fraud, and misuse.
This business involves providing services and software to monitor, alert, and act on suspicious activities related to personal data. The task at hand includes setting up robust systems for surveillance, educating clients about cyber hygiene, and responding to potential breaches swiftly.
With the rise in digital transactions and remote work, the demand for such services is growing exponentially. Launching a digital identity protection business not only positions you as a guardian of privacy but also taps into a market that shows no sign of slowing down. Protecting digital identities is both a noble cause and a lucrative opportunity.
26. Start a currency conversion website business
Web and app developers provide extensive services that facilitate users to browse through different services without facing geographical barriers. A good example of a modern tool is the currency converter.
A currency conversion mobile application provides an accurate and precise exchange rate based on user requests and lists the real-time rate. Thus, users view updated information helping them track fluctuating rates.
Creating a currency conversion website can attract more users to your website and become profitable as you display ads.
How much you can make: $11,500/month
MoneyTransfers.com is a comparison website which has grown to generate average monthly revenues of £2.5m and 2,500 new customers for partners each month since founder Jonathan Merry took the plunge in 2019; despite only experiencing organic acquisition in the last year, the company's solid traffic and range of digital PR campaigns aimed at the expat community have contributed to the company's establishment as a trusted brand in the money transfers space.
27. Start a medication validity verifying business
28. Start a hotel vacancy errors management business
29. Start an IT support business
Do you enjoy fixing technology problems and believe that you can fix others? If your answer to this question is yes, you might be an ideal candidate for developing an IT support business.
An IT support business is the work that the computer specialists in an organization do to assist their customers and establishments. The IT support expert groups are responsible for setting up and maintaining some crucial information systems and networks.
Starting an IT support business can be challenging, but it can potentially pay off better than your 9 to 5 job. IT support business can be a lucrative way to make money, and the demand is increasing rapidly.
How much you can make: $200 — $1,399,996/month
How long does it take to build: 140 days (?)
This case study follows the founder of SupportNinja, a company that specializes in providing back-office and customer support outsourcing for tech companies, which generates over $9M ARR, has over 100 clients, and has seen a growth rate of 3,684% in the past 3 years.
30. Start an anti-subscription service business
Tired of subscription fatigue? Enter the anti-subscription service business.
This innovative idea offers customers the freedom to access products or services without the commitment of a recurring monthly fee. Think of it as a pay-as-you-go model where customers only pay for what they use, whether it’s software, entertainment, or specialty goods.
With people becoming increasingly wary of endless subscription charges, there’s a ripe market for offering flexible, no-strings-attached alternatives. As a business owner, you'll need to forge strong partnerships with vendors and craft compelling, one-off pricing strategies.
If you’re looking to provide a refreshing alternative in a saturated subscription market, this business idea could be your next venture. It’s about giving people control and choice, tapping into a growing desire for flexibility and simplicity.
How long does it take to build: 180 days (?)
31. Start a crypto crowdfunding business
Crypto crowdfunding allows users to donate digital assets to projects.
People post their funding needs on the website and invite community members to participate in crowdfunding projects. Crypto crowdfunding platforms make money by charging a small fee for the transactions. With the crypto crowdfunding trend high, starting your platform can be profitable.
32. Start a hiring credentials authentication business
33. Start a streamline transactions business
34. Start a cloud storage peer-to-peer renting business
35. Start a single-source advertising business
In a world saturated with marketing channels, a single-source advertising business provides a streamlined solution. The concept is simple: manage all advertising needs for a client from one platform.
This approach eliminates the hassle of negotiating with multiple agencies, offering businesses a one-stop-shop for their campaigns. From social media ads to print media and beyond, you handle it all. This not only saves time for clients but also ensures consistent branding and messaging.
Starting this business involves building relationships with diverse media outlets and acquiring a breadth of advertising skills. You'll need to understand your clients' needs and tailor campaigns that resonate with their audience. The ability to demonstrate measurable results will keep clients coming back.
If you’re organized, creative, and enjoy the challenge of juggling multiple tasks, this could be the business for you. It's the future of advertising: simplified, efficient, and incredibly effective.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
