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Alchemy Releases Toolkit for Decentralized App Development

by Kurt Ebenzer
27 February 2023
Alchemy Releases Toolkit for Decentralized App Development
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Toolkit for convenient Web3 application development

Alchemy, which provides building solutions for Web3 developers, announced on the 25th the toolkit “Create Web3 Dapp (CW3D)” for developing dApps (decentralized applications).

1/ Building a dapp from scratch in 4 minutes sounds impossible, right?

Wrong.

Create Web3 Dapp just entered the chat ✅

It’s your complete, full stack, multichain toolkit – that’s fast, flexible and free!

Here’s what you need to know:

👇🧵 pic.twitter.com/zCFbIvxyrM

— Alchemy | The web3 developer platform (@AlchemyPlatform) February 24, 2023

The toolkit is multi-chain compatible and free to use. It supports Ethereum (ETH), Polygon (MATIC), Optimism (OP) and Arbitrum chains.

Pre-built dApps templates are available for developers to use to create project prototypes. Furthermore, as a custom element, this can also be added by selecting from among the already prepared components (components).

What are dApps

An abbreviation of “Decentralized Applications”, it is called “decentralized application” in Japanese. A major feature is that there is no centralized administrator. The most popular is the Ethereum blockchain, where apps such as games and decentralized exchanges (DEXs) are being developed.

▶️Cryptocurrency Glossary

feature

Alchemy describes the toolkit as a “lifehack” for Web3, citing the following features:

3/ CW3D is your new web3 life hack that’s:

1️⃣ Production-ready: Add pre-built components w/ a few lines of code

2️⃣ Composable: Browse & optimize components you need

3️⃣ Abstracted: Setup & installs handled for you

4️⃣ Comprehensive: Reliable code from API requests to frontend pic.twitter.com/fJ1K1I1LMm

— Alchemy | The web3 developer platform (@AlchemyPlatform) February 24, 2023

  • Ready to use for product building. Add pre-built components with just a few lines of code.
  • variability. You can find the components you need from stock, apply them, and optimize them.
  • abstraction. Reduced complexity, setup and installation.
  • comprehensive. Prepare highly reliable code from API requests to the front end.

In addition, an NFT (non-fungible token) explorer has also been released. This explorer allows you to search for NFTs owned by any wallet address or view all NFTs in a specified collection.

In the future, the CW3D platform is expected to release many customizable templates.

Alchemy Head of Product Elan Halpern explained why CW3D was open sourced:

CW3D tools make dApps development easier by involving many other ecosystems, their developers and stakeholders, and allowing people to contribute to the ecosystem there.

He continued that Alchemy’s mission is to “bring blockchain and Web3 to a billion people,” and one way to realize this vision is to empower developers.

Partnership with Astar Network

Alchemy is a leading blockchain development platform company supporting millions of users in 197 countries around the world. The series C1 round in February 2022 raised about 27 billion yen ($200 million) at a company valuation of 1.4 trillion yen ($10.2 billion).

In August 2022, we also signed a partnership with the public blockchain “Astar Network (ASTR)” from Japan, and we will first create APIs to make it easier for developers to create dApps on Astar Network.

connection: Support for Web3 development infrastructure giant Alchemy and Astar Network

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Kurt Ebenzer

Kurt Ebenzer

Kurt is an experienced writer with vast experience in documentation and interpretive math. His path to crypto journalism starts with Ourbitcoinnews and he hopes to shine new light in the noisy crypto media space.

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