Web3 is one of the most trending recent technologies that is revolutionizing how businesses work and transact.
Not only the finance sector but also real estate, healthcare, eCommerce, and other sectors are leveraging its benefits and transforming them.
For this very reason, big enterprises and startups are partnering with web3 app development companies to fully leverage their potential. Businesses worldwide are eager to encash this new-age technology but what would be the cost of blockchain-based app development is the main concern for many.
Are you worried that the cost of blockchain-based app development might be too heavy on your pocket? Then, we are happy to assist you. Our blockchain development team leverages its in-depth knowledge and expertise to offer affordable solutions to clients.
Today in this post, we will discuss factors that impact the cost of web3 app development. After going through this post, you will have a clear idea of how to determine the cost of web3 software development.
The number of businesses seeking opportunities in Web3 development has increased in the past year. Forecasters predict that investment in web3 development is expected to grow exponentially.
Here are some current tendencies that will help you understand.
Also Read: Web3 IPhone App Development
When it comes to determining the web3 development cost for app and software, there is no standard answer. There are multiple factors that directly impact the web3 software development cost. This is why giving a standard web3 app development cost is difficult without a clear idea and understanding of the project requirements. Multiple factors, such as;
Before moving ahead with the development of web3 applications of software for your business, you need to evaluate all these factors. With this, you can find out the web3 development cost for app and software in advance and reach out to a professional web3 app development company.
|Web3 Application Development Cost
|Basic web3 application
|Medium complexity web3 application
|Complex web3 application
Need an exact web3 app development cost quote for your project? Connect with our web3 experts at RisingMax over a FREE consultation call and share your web3 app requirements in detail. Our team will share the customized web3 app development cost with you ASAP.
The size of a web3 development company is one of the major factors that will impact the development cost. Usually, blockchain companies with a large number of experts charge more as compared to companies with a small expert team.
|App Development Cost
|$4,50,000 - $15,00,000
|500 to 2000
|$25,000 – $2,00,000
|$2,000 to $ 25,000
The web3 app development cost depends on the region of the company you choose for your web3 project. For better understanding, we have given the table below:
|Web3 Development Cost Per Hour
|$50-$100 Per Hour
|$25-$50 Per Hour
|$30-$60 Per Hour
|$20-$40 Per Hour
The web3 development cost of your web3 app will vary based on the industry for which you are building the application. Every industry needs specific features and functionality directly impacting the development cost.
|$55k – 100k+
|$40k – 80k+
|$45k – 100k+
|$70k – 100k+
|$50k – 100k+
The complexity of the Web3 application is another major factor on which the development cost depends. An application's complexity depends on factors such as consensus mechanism, platform, tech stack, APIs, and UI/UX.
|Low Complexity App
|$15k to $35k
|Medium Complexity App
|$30k to $90k
|High Complexity App
|$80k to 150k
The development cost of your web3-based app is directly related to the application design and features. If you are building an application with a basic design and features, then development costs will be low compared to an application with a complex app design and features.
|Design & Features
|Min – Max Range $
|Simple App Design & Features
|$30,000 to $50,000
|Basic App Design & Features
|$50,000 to $100,000
|Medium App Design & Features
|$60,000 to $120,000
|Complex App design & Features
|More than $200,000
The development cost of your project depends upon the type of application that you are planning to build. Below is the development cost of popular blockchain-based apps.
|$50,000 to $120,000
|$45,000 to $70,000
|$5,000 to $30,000
|Crypto Wallet App
|$50,000 to $80,000
|Crypto Exchange App
|$70,000 to $100,000
Connect with our experts to get an estimated cost of a blockchain-based app within a day for FREE. Our team will share the development budget after carefully analyzing your blockchain project.
The protection of sensitive business information and users’ data is a priority for every business worldwide. The encrypted network and decentralized nature of web3 allow businesses to address these issues effectively.
Sectors such as Banks are traditionally known for being less transparent and complex processes. Implementing web3 solutions in banking and other sectors allows them to bring more transparency within the system with the help of distributed ledger.
Integrating web3 technology into business processes helps eliminate intermediaries and central governing authorities within the system. This removes the hindrance that existed traditionally and speeds up the entire process.
The open nature of web3 makes it easy for a business to provide secure and easy accessibility to its users. Anyone can access the product and services offered with a blockchain-based application.
Reduction of business operating costs is one of the major concerns for every business owner out there. The elimination of intermediaries and self-executing smart contracts makes web3 an affordable technology.
Find the overall development cost of your project within minutes. Use our App Cost Calculator to know your blockchain-based web3 app's cost without hassle.
We provide Web3 consultation to ensure the success of your project. Our team will carefully analyze what, why, and how web3 apps benefit your business.
Hire our experts to build and design decentralized applications that help our clients bring more trust and transparency to the system. With our expertise in web3 development, we accelerate the development process and maximize ROI.
Launch NFT marketplace on leading blockchains such as Ethereum, Solana, Cardano, Avalanche, and others. Our team develops the NFT marketplace Platform project keeping the target audience's needs in mind to enhance their NFT trading, billing, buying, or selling experience.
Venture into virtual space with our best-in-class metaverse development services. Our development team leverages their in-depth knowledge to build next-gen solutions such as the NFT marketplace, metaverse projects, and virtual 3D games.
Our experts help businesses efficiently manage the supply chain. We build supply chain business solutions based on leading blockchain to eliminate communication gaps and errors during data transfer.
Our expertise in popular blockchain platforms such as Hyperledger, Polkadot, Tron, Stellar, and EOS allows us to build customized apps. We build custom solutions that are scalable and robust for big enterprises and startups as per their business needs.
Hire our Ethereum experts to build smart contracts that are self-verifying and executing, highly secure and reliable for NFT projects, dApps, supply chain, and fundraising activities.
Launch hack-proof, scalable, and robust decentralized cryptocurrency exchange based on leading blockchains such as Ethereum, Solana, Cardano, Avalanche, and others. Build a decentralized platform on Android & iOS to allow users to exchange digital assets and currencies securely.
Hire our web3 development team to build a multi crypto wallet with robust and top-notch features. We build solutions that allow the exchange of digital assets and cryptocurrencies with the security of blockchain technology.
Launch a platform that allows users to mint digital files to non-fungible tokens. With minting platform development, our team ensures trust, transparency, and efficiency to users while tokenizing any asset.
With our all-around blockchain development service, we build the IEO & ICO platform for our clients worldwide. Our development team will handle white paper development, prepare ideas for investors, and promote IEO & ICO.
Integrating web3 in the healthcare sector assists in addressing traditional issues, such as secure patient data and drug design storage.
With future-proof FinTech business solutions, web3 apps and softwares are making it easy for users to transfer money, exchange digital assets, and securely enjoy finance & banking services without worrying about fraud.
Retail business owners invest in web3 apps to efficiently gather users' data, secure payments, supply chain management, product authentication, and more.
Integrating web3 with the supply chain allows business owners to track warehouse, logistics, retail, and end customers effectively. Leverage our expertise in web3 to build supply chain management solutions that are highly secure and reliable.
The education sector is actively investing in building web3 based learning platforms for verifying identities and making existing processes more transparent & secure.
With decentralized applications, governments can enjoy benefits such as election transparency, verifying voter identity, tokenization of voter ID, and public bidding.
The entertainment sector is leveraging the power of web3 to carry out fundraising, engage users, track files, and so on. With these apps, artists and content creators can use smart contracts to earn royalties.
The tourism business sector is investing in web3 to allow users to efficiently track luggage, make payments, share rewards, and other loyalty schemes. With these decentralized solutions, the tourism sector is efficiently managing its business operations and serving customers better.
The legal sector is leveraging the benefits of smart contracts for resolving disputes, notarizing documents, record keeping, and other legal solutions.
With web3 real estate apps, users can convert properties to non-fungible tokens for easy buying, selling, or trading and prove ownership. As a leading Ethereum Blockchain Software Consulting Company, we build solutions for real estate sectors that allow virtual property buyers and sellers to connect without intermediaries and make payments securely.
Web3 in eCommerce sectors allows efficient management of their business operation and brings more transparency to the system. From efficiently managing the user's data, secure payment, cross-border trade, and lower retail costs all can be managed with blockchain-based apps.
Implementing web3 in the Telecom sector is paving the way for a new era of connectivity. The Telecom sector is leveraging futuristic technology for identity management, reducing data tariffs, and better management of business operations with web3 solutions.
The cost varies depending on which blockchain technology you use to develop your mobile or web application. Fret not about the cost of web3 apps as our experts leverage their expertise and in-depth subject matter knowledge to offer affordable solutions.
Combining all the above factors gives you an idea about the development cost. The development of a web3 app takes around two to four months (depending upon its complexity), which adds to the project cost. Adding all the factors and finding an exact cost is not easy as development costs vary from project to project. Thus, connecting with a web3 app development company is recommended first.
However, if you are still looking for an estimated cost of web3 app development, then it will be around $20,000 to $2,00,000 with top-notch features and industry-best development tools.
Keep in mind the development range varies based on app complexity, development tools, tech stack, features required, and many more.
Now that you know web3 app development cost, it's time to move forward to the development stages. With a reliable app development partner like RisingMax.Inc, you can build a web3 app or software that is highly reliable and secure.
Why are we the best for your web3 app development? The numbers say it all:
Still Not Convinced!!!
Here are some additional reasons why you should choose RisingMax for your next project.
RisingMax has been offering development services for over six years. We have built projects for various sectors such as healthcare, eCommerce, real estate, eLearning, entertainment, and others. Our team leverages their expertise to offer the best and most affordable solutions that match your project needs.
We monitor your project 24*7 to ensure that all apps run smoothly without any issues. Our team fixes all the technical issues with the application and performs timely updates to ensure smooth running.
Our team leverages its expertise in web3 to meet clients’ specific business requirements with a flexible development approach.
No matter how complex a feature you want to add to your application, our team will do the job for you without hassle.
We at RisingMax believe in building long-term relationships with our customers. For this, we offer maintenance and support services to ensure the smooth running of your app at an affordable rate.
Web3 is the future of the Internet. Entrepreneurs are integrating these solutions to empower businesses and participate in tech revolutions.
Over the years, Web3 has evolved, and proponents believe web3 integration can work wonders for businesses worldwide.
From transparency to secure money transfers, web3 is paving the way for a new era of business.
If you, too, plan to integrate web3 to streamline business process operations, then we are happy to assist you.
Connect with our experts to build customized app solutions that meet your business needs.