Web3 Market Leaders and Emerging Players

This KITE Market Scan covers the top and emerging Web3 platforms and solutions including Coinbase, Bincance, and Sorare.

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The KITE analyst team identified a total of 24 companies for the purpose of this report. We narrowed that list down to the “top 8” that we felt best fit the solution focus, and then selected our “top 3”. The top 3 companies are Binance, Coinbase, and Sorare. In summary:

Binance is one of the world’s leading cryptocurrency exchanges. Binance enables cryptocurrency trading for users at much lower fees than competitors. In addition to cryptocurrency, Binance has also recently launched Binance NFT which is a markeplace for NFTs.

Coinbase Global, Inc., branded Coinbase, is an American company that operates a cryptocurrency exchange platform. Coinbase is one of the world’s leading exchanges for cryptocurrency investment and trade and also offers its own native wallet, Coinbase Wallet. Coinbase has also started its own NFT product line called Coinbase NFT. Coinbase NFT is a marketplace intended to make minting, creating, buying, trading, and discovering NFTs more accessible.

Sorare operates an Ethereum underlying blockchain network that enables users to secure the ownership and distribution of football (and other sport) cards. The supply of cards is limited and cards cannot be altered, duplicated, or deleted.

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