6 Must-Have Tools For Web3 Founders & Project Leaders In 2024

6 Must-Have Tools For Web3 Founders & Project Leaders In 2024
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If you’re running a Web3 business you are likely to have a very busy agenda. You’ll be under immense pressure to innovate and meet the deadlines on your project roadmaps. Inevitably, that means spending long hours organizing busy teams and keeping up to date, holding discussions with partners, trying to raise funds, worrying about compliance, and likely even doing plenty of coding in between.  

For the typical Web3 founder, it's common to like there’s never enough time in the day to accomplish everything that has to be done. That’s why you need to maximize the time you do have, and the best way to do that is by using productivity-enhancing tools that can help you work, not just faster, but smarter too.

Check out our list of essential tools that every founder needs to ease the relentless pressure that goes hand-in-hand with running a Web3 business. 

1: Best Security Tool: Resonance Security

Maintaining a secure platform is essential in a world where security pitfalls lurk at every corner, and where confidence in your product is often a matter of life or death. Resonance Security enables project founders to essentially outsource matters of Web3 security to a team of experts that will take a proactive approach to protecting against any and all kinds of cyber threats. With its combination of smart contract code audits and penetration tests that probe Web2 and Web3 infrastructure alike, Resonance can help you to pinpoint any weaknesses in your cyber defenses and plug those gaps before the bad guys find a way in. 

Its proactive pen tests and audits are conducted by a team of veteran “white-hat” hackers, and it also offers an extensive range of traditional security tools to safeguard networks, servers and other components of the startup’s tech stacks. AI plays its part too, creating a “Resonance Score” that rates your overall security status, while guiding you through the next steps you should take to improve that score. 

By letting Resonance handle your security needs, you’ll be free to focus on more pressing needs, like growing your business and meeting those all-important milestones on your roadmap. 

2: Best Financial/Accounting Tool: Request Finance

Finances can be a headache at the best of times, especially when you have a million other things to do and lack the budget to hire a team of accountants. That’s why so many Web3 projects have turned to Request Finance, which has built a crypto-native financial platform that handles everything from invoices and expenses, to payroll and accounting. 

Request Finance is pretty old by Web3 standards, having launched in 2017. It’s aimed at helping crypto companies manage their finances in a decentralized economy, and gives them complete control over their finances using simplified tools that might be familiar to users of legacy platforms like QuickBooks. 

Using Request Finance, you’ll be able to pay and receive payments in a wide range of cryptocurrencies, and exchange those funds for fiat in a matter of seconds. You’ll also have all of your company’s financial data, right there at your fingertips, and receive payments and pay off invoices in more than 43 crypto assets, plus nine fiat currencies. Moreover, it links every transaction to the correct invoice, so founders, freelancers and DAOs have a way to match their payments and payouts with their orders in a matter of seconds. 

Request Finance dramatically simplifies crypto business finances, which is why it has become the platform of choice for numerous top Web3 companies, including Aave, Maker DAO and The Sandbox. 

3: Best Airdrop Management Tool: Absinthe Labs

Community building is the number one priority when it comes to growing your business, and the Web3 industry has come to know that the best way to do so is by offering users a constant stream of incentives. With that in mind, Absinthe Labs provides everything you’ll ever need to launch a rewards points program in seconds, with tools for creating, distributing and managing token airdrops, offering incentives, developing quests and more besides. 

Absinthe makes it possible to target very specific audiences and communities, offering rewards not only in your own digital assets, but also in the shape of Absinthe Points that can be redeemed for numerous products and services within the wider Absinthe ecosystem. You’ll be able to incentivize multiple on-chain actions, such as trading, liquidity provision, token holding and other key activities. 

Moreover, its no-code tools enable founders to dynamically alter the focus of their incentive programs in real-time, based on the latest data. It provides a way to unify popular questing platforms such as Layer3, Zealy and Galxe into a single, centralized source of truth, so you’ll be able to recognize and reward every contribution a user makes on those platforms. 

Last but not least, you’ll be able to join the Absinthe Affiliate program, so your users can redeem the points they earn from promoting you on various other Web3 platforms, including DEXs, DAOs and NFT projects. In return, your airdrops and incentives will be exposed to those project’s communities too, giving you a chance to rapidly expand your user base. 

4: Best Notification Tool: Degenda

Success in the Web3 space is all about connections and that means founders have to spend lots of time at crypto-related events, networking with their peers, meeting investors and generally ingratiating themselves with the wider Web3 world. 

Degenda provides just the tools to do that. Founders can link their crypto wallet directly to Degenda, which will then populate a calendar with events based on the tokens held in that wallet, while providing regular notifications about any significant developments. 

Users can filter their notifications by project and level of criticality to minimize the noise, so they only ever have to focus on the most important things. It provides founders with everything they need to know to properly plan ahead and make the most efficient use of their time.

One thing it does really well is it sorts through the noise of Discord. While Discord is a must-have for Web3 builders, it’s also a pretty chaotic platform with many different rooms and a constant stream of updates. It’s so disorganized that it’s all too easy to miss vitally important notifications about a specific event, update, airdrop, DAO voting proposals or other announcements. Using Degenda, you can bring all of those key Discord announcements into one place.

5: Best Note-Taking Tool: Notion AI

The only tool on our list that isn’t Web3-native, but still a must-have for Web3 natives like yourself, is the comprehensive note-taking app Notion AI.

It’s an all-in-one platform, where notes intersect with project management, databases and wikis, with some cool customization options that allows you to tailor it exactly to your needs. It features an integrated AI assistant that makes your note-taking smarter, helping you to summarize ideas and concepts, aiding with content creation and even translation. 

You’ll be able to choose from multiple flexible templates to organize Notion AI according to your needs, so if you need an app that’s more tailored to project management, it’ll do that. Or if you’re after something that’s more of a personal journal, Notion AI can be that for you too. And if your team members are also using Notion AI, it can also serve as a collaboration platform that enables everyone to keep up to date with what everyone else is doing. 

Other benefits include its powerful search capabilities, which ensure you’ll find your notes the moment you need them, and its advanced security features that protect all of your sensitive data. 

By using Notion AI, you’ll have much more than just a notepad at your fingertips. It’s a robust tool for managing projects, allowing you to keep track of everything that’s going on within your company, organize team members and stay up to date. 

6: Best DAO management tool: Boardroom

Even if you’re not decentralized yet, decentralization is the ultimate name of the game for every Web3 project worth its salt, and that usually means handing over control to a decentralized autonomous organization or DAO to facilitate community governance. 

Boardroom is designed to help you set up and create that DAO. It provides the infrastructure and tools for managing and submitting proposals, facilitating decision-making processes, initiating voting and more. 

Its voting tools include a dashboard that makes it easy to create charts so communities can keep track of each vote, as well as forums for users to discuss each new proposal. Other capabilities include wallet management and monitoring tools, so DAO members who are assigned such responsibilities can secure the community’s funds and direct them to where they’re meant to go. Moreover, it offers monitoring tools so the rest of the community can keep a close eye on how those funds are being used. 

Additionally, Boardroom also offers advisory services for DAOs and stakeholder management tools to enhance the experience for community members. It works with a number of major blockchain platforms, including Ethereum, Polygon, Arbitrum and Optimism. 

Final Thoughts

For busy CEOs and Web3 leaders, tasked with bossing around teams, keeping up to date with multiple projects and getting out and about making and maintaining connections, it's a struggle to keep up. Time is of the essence, and that means making the most of it by maximizing your productively wherever possible. That can be done by checking out the above tools and integrating them into your daily workflow, taking the burdens of security, note taking, scheduling and keeping up with the news off your chest. 

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