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Top 7 Crypto Business Ideas in 2024

Daniela Kirova
Daniela Kirova
Daniela Kirova
Author:
Daniela Kirova
Writer
Daniela is a writer at Bankless Times, covering the latest news on the cryptocurrency market and blockchain industry. She has over 15 years of experience as a writer, having ghostwritten for several online publications in the financial sector.
November 27th, 2023
  • Hardware wallets are a safe place to hold crypto assets and data
  • Some people implement crypto payroll services to pay their staff
  • You can develop blockchain-based solutions to ensure supply chain transparency

The global digital currency market is expected to exceed $1.8 billion by 2026. What’s more, the compound annual growth rate of Bitcoin, Ethereum, Ripple, Litecoin, Dash, and other cryptocurrencies will be approximately 4%. This article explores the most lucrative crypto business ideas in 2024 and beyond.

1. NFT Real Estate Marketplace

Virtual real estate and non-fungible tokens (NFTs) might be a match made in heaven for you. Build a platform for customers to purchase, sell, and trade NFTs representing virtual assets and cater to those interested in the growing digital real estate market.

2. Crypto Hardware

Crypto hardware refers to physical products that aid with crypto storage, transactions, and security. It can include security keys, physical wallets, USB drives, and other storage devices.

Crypto is vulnerable to hacking and theft, as we all know. Hardware wallets are a safe place to hold these assets and data. This is why this business is a good idea.

3. Crypto Mailboxes

A subscription box service can deliver merchandise and crypto-related products to fans every month. This service covers NFTs, hardware wallets, and other popular items and meets increasing demand for concrete crypto experiences.

4. Crypto Payroll Services

People who choose to implement crypto payroll services to pay their staff will become your clients. Your services will also enable businesses to finance their payroll account with fiat and crypto.

5. Blockchain Solutions for Supply Chains

Develop blockchain-based solutions to ensure supply chain transparency. If they work, they will fulfill a growing demand from companies for proof that products are authentic and ethically sourced.

6. Crypto Tax Consultancy

Considering how many governments are starting to tax crypto, more and more people need tax consultation services. You will calculate tax on their crypto transactions and help them save money, if possible. If you already work as a tax advisor, this can be a profitable opportunity to expand your business.

7. Blockchain-Based Luxury Goods Verification

The blockchain can be used to verify records of luxury products. Buyers of expensive goods can use this service to check if the goods are authentic. How? To store digital records on the blockchain, an entity must tokenize the items. Then, the records can be verified anytime, anywhere.

Contributors

Daniela Kirova
Writer
Daniela is a writer at Bankless Times, covering the latest news on the cryptocurrency market and blockchain industry. She has over 15 years of experience as a writer, having ghostwritten for several online publications in the financial sector.