• Sun. Dec 3rd, 2023

Alchemy Launches Tool to Build Web3 Dapps in Just 4 Minutes


Feb 27, 2023

• Alchemy is launching a new Create Web3 Dapp (CW3D) platform to encourage developers to create decentralized applications.
• The platform will allow developers to easily create Dapps in four minutes from scratch and provide blockchain support for Ethereum, Polygon, Arbitrum, and Optimist.
• In October 2021, Alchemy received $250 million in Series C investment, and in August 2022, it acquired the Ethereum coding platform Chainshot.

Alchemy Announces Launch of Dapp Building Tool For Web3

Increase Interest in Decentralized Technologies

Alchemy intends to increase interest in decentralized technologies with its new Create Web3 Dapp (CW3D) platform. Product Manager at Alchemy Elan Halpern stated that their mission is to bring blockchain or Web3 to a billion people by empowering developers.

Inspiring Programmers

Halpern believes the first step in delivering Web3 to the public is inspiring programmers to create useful things. Alchemy creates apps for Ethereum, Polygon, Arbitrum and Optimist with future plans to add support for Solana as well. In addition, they also have a NFT allowlist platform called Spearmint that became live in November 2020 which takes users less than 10 minutes to make an allowlist.

$250 Million Investment

In October 2021, Alchemy secured $250 million in Series C investment and then acquired the Ethereum coding platform Chainshot in August 2022. This shows a strong commitment from the company towards increasing the adoption of decentralized technologies among people around the world.

Open-Source Project

The CW3D platform is open-source project which allows developers to easily create Dapps from scratch within just four minutes. According Halpern’s statement, this will help make blockchain or Web3 accessible for everyone by creating user friendly products that people are excited about using.

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