Costs, licensing, consumer protection Privacy, self-custody, censorship resistance

thirdweb

thirdweb, Inc.

3.7/5 4.9/5 · Data verified on

thirdweb is a web3 development platform providing SDKs, pre-built smart contracts and wallet infrastructure to build onchain applications (games, NFTs, wallets, onchain AI agents) across major blockchains. The tools are non-custodial: developers embed wallets and contracts into their own apps without thirdweb holding end-user funds. Founded in 2021 by Furqan Rydhan and Steven Bartlett, it raised a $24 million Series A in 2022 at a $160 million valuation, led by Haun Ventures with investors including Coinbase Ventures, Shopify and Polygon.

46
Transparency: Low
46/100 · see methodology
46
Data exposure: Low
46/100 · lower is better for sovereignty · methodology

Data & conditions

Service type Stablecoin infrastructure
Pricing model Not disclosed
Custody model non-custodial
Customer type Developers, Enterprise, Platforms
Fund custody Self-custody (funds in your control)
KYC No KYC
Supported countries US, EEA, APAC
Regulator Nessuno (fornitore di SDK/software non-custodial per sviluppatori web3)
OAM Italy registration No
Segment B2B
Funding / solidityFounded in 2021 (Furqan Rydhan, Steven Bartlett); $24M Series A in 2022 at a $160M valuation (led by Haun Ventures; investors include Coinbase Ventures, Shopify, Polygon)
MiCA / License status Not disclosed

Strengths

  • Full stack for web3 developers: SDKs, pre-built smart contracts, wallet infra
  • Non-custodial: thirdweb does not hold end-user funds
  • Solid investors (Haun Ventures, Coinbase Ventures, Shopify, Polygon) and broad developer adoption
  • Self-custody: funds stay in your wallet — the platform cannot touch them.
  • No KYC: usable without identity verification.

Weaknesses

  • Developer product: not an app aimed at end consumers
  • No financial regulatory framework (it is software, not an intermediary)
  • Security depends on how the developer integrates the tools
  • No notable sovereignty drawback documented.

Verdict

B S ★ 3.7/5 ★ 4.9/5

Score 3.7/5, solid profile. In its favour: full stack for web3 developers: SDKs, pre-built smart contracts, wallet infra. The trade-off to weigh: developer product: not an app aimed at end consumers.

On the Sovereignty lens the score is 4.9/5 (outstanding): the strength is privacy & anonymity (5.0/5), while censorship resistance (4.5/5) is the weak link.

Privacy & anonymity 30% 5.0
Fund control 20% 5.0
Censorship resistance 20% 4.5

Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.

"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.

FAQ

Does thirdweb custody user funds?

No. thirdweb provides non-custodial SDKs, smart contracts and wallet infrastructure that developers embed into their own apps; funds remain under the control of end users.

Can a non-technical individual use thirdweb?

thirdweb is designed for developers and technical teams building onchain applications. An ordinary user only benefits indirectly, by using apps built with these tools.

Sources

Update history

✓ Terms unchanged since Jul 17, 2026

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