Smart Contracts Startups
2 case studies with real revenue and traction data from smart contracts startups.
Bancor Network is a decentralized protocol built on Ethereum that solves liquidity problems between cryptocurrencies and tokenized assets through automated smart contracts. The project completed the largest ICO at its time, raising $153 million in just 3 hours on June 12, 2017, with over 12,000 token holders participating. The founder, Yael Hartzal, a 20-year veteran of tech entrepreneurship, emphasized the importance of humility and continuous learning while building a new financial ecosystem.
Santamint is building an information layer for cryptocurrency token economies, aiming to be the "Bloomberg of crypto." The team raised $2 million in their ICO (July 2017) and an additional $150,000 in presale, issuing their SAN token with dual revenue models: traditional SaaS subscriptions and crypto-based access via token staking. With 8 full-time employees, they plan to launch paid features within 6 months while currently building out their data infrastructure.