As an experienced entrepreneur, here are the 10 key things you need to found a successful web3 startup:

  1. A strong, clear vision of what your startup will do and why it matters

  2. A deep understanding of the web3 landscape, including emerging trends and technologies

  3. A talented and dedicated team of developers, designers, and business experts

  4. Access to funding, either through investors, grants, or other sources

  5. A focus on user experience and usability, with an emphasis on creating value for users

  6. A commitment to open source principles and collaboration with the broader web3 community

  7. Robust security protocols and risk management strategies to protect user data and assets

  8. A solid understanding of legal and regulatory frameworks that apply to your business

  9. The ability to pivot and adapt quickly to changes in the market or technology

  10. A long-term mindset, with a focus on sustainable growth and development.

By keeping these factors in mind and staying focused on your goals, you can increase your chances of success when launching a web3 startup.