The blockchain industry is constantly striving for mass adoption; however, there are numerous obstacles to overcome in order to onboard the public into Web3. Alchemy’s new CW3D (Create Web3 Dapp) platform aims to facilitate a smoother transition into decentralized technologies for those interested in exploring them.
Elan Halpern, Product Manager at Alchemy, said in an interview that Alchemy aims to make developers’ lives easier by providing them with the ability to build their own templates, components, and features. She further added that this requires involving various other ecosystems and developer advocates who contribute to the tool.
Alchemy frequently makes claims about how quickly its products will work. In November, Alchemy introduced an NFT allowlist platform, Spearmint, for Ethereum layer-2 applications. As the company stated at the time, users could make an allowlist in under 10 minutes. And with CW3D, it will take four minutes to build a dApp, the representatives say.
Halpern did admit that the time taken may be influenced by certain factors such as connectivity, but then said that the platform provides all of the essential components for producing a decentralized application; hence the development with CW3D still takes significantly less than other alternatives.
According to Alchemy, Create Web3 Dapp is an open-source tool.
Alchemy, founded in 2017, is a blockchain software developer that creates apps for various blockchains, including Ethereum, Polygon, Arbitrum, and Optimism. Solana is also planned to be integrated in the future.
Alchemy, which is often called the AWS of blockchain, gained attention in October of 2021 when the team raised $250 million in Series C funding and one year later when they acquired Chainshot — an Ethereum coding platform.
According to Elan Halpern, the company’s overall mission and vision is to make blockchain or Web3 technology accessible to a billion people. She believes that the most effective way of achieving this goal is by providing developers with the necessary tools and resources.
In Halpern’s view, bringing Web3 to the masses involves inspiring developers to build products people will want to use.
As Halpern said, “if you want my grandmother to be able to use a Web3 application, there has to be a product that she’s actually excited about using.” Additionally, in order for such a product to be created and exist, developers must also find excitement in building it.
Halpern noted that building in Web3 today is analogous to creating a website in the 90s; it’s a rapidly emerging area with plenty of potential but inadequate infrastructure tooling and support for developers. “If you really want to build the next generation of mainstream applications, the tooling and the infrastructure has to be able to support you through that.”
Algorand, Cosmos, and Infura are a few of the projects that have created platforms for developing decentralized applications.
Also, last week, crypto exchange Coinbase unveiled its Ethereum layer-2 network for decentralized apps, Base.