Alchemy, one of the most popular Web3 development firms worldwide, is again in the limelight with its new announcement. The brand has launched a new decentralized application builder, viz. CW3D. This new dApps building platform will help massively adopt key Web3 technologies like blockchain. Alchemy went on Twitter and revealed its latest project “Create Web3 Dapp” or “CW3D”, the fastest decentralized application building platform that could build your application in just 4 minutes.
Notably, Alchemy was launched in 2017 as a blockchain software development company that offers application development services for different chains, including Polygon, Ethereum, Arbitrium, and Optimism. Currently, the company doesn’t have Solana in its channel offering, but they plan to integrate Solana soon.
The Product Manager at Alchemy, Elan Halpern, said that the first step to globally widespread blockchain and Web3 is to attract more developers into the stream. More developers will lead to a demand-fulfilling ecosystem. He said,
“Our overall mission and vision is to bring blockchain or Web3 to a billion people. The way we really see that happening is by empowering developers. There’s kind of this flywheel lifecycle where, 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, and in order for there to be the product, a developer has to be excited about building that product.”
1/ Building a dapp from scratch in 4 minutes sounds impossible, right?
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:
— Alchemy | The web3 developer platform (@AlchemyPlatform) February 24, 2023
Alchemy’s new “Create Web3 Dapp” is designed to allow users access to a complete multichain, full-stack toolkit for free at no additional charge.
Halpern said, “We want people to contribute to it. The idea here is you can build your templates and components and find features and things that you want that means involving a lot of other ecosystems, involving a lot of other developer advocates, and people to be able to contribute there.”
Building a decentralized application in just 4 minutes is something to boast about. But Alchemy Halpern made it clear that these 4 minutes depend on several factors, including connectivity to the internet. However, the company is pretty confident in CW3D’s capabilities and announced that the required time to develop a decentralized application would be less than other alternatives like Algorand, Infure, and Cosmos.
Halpern also mentioned, “What we did was boil down the absolute essential packages and libraries that you need to start a dApp. We’re not going to make this really heavy, it’s not going to be super bloated, it’s going to be lightweight.” He added, “Building in Web3 right now is pretty similar to building a website in the 90s—it’s like a hot space, there’s a ton of opportunity, but the infrastructure tooling and support that you get as a developer is like close to nothing. 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.”
About Alchemy’s Journey
Alchemy launched a massive 250 million dollars in Series C funding in 2021. Later in 2022, Alchemy acquired Chainshot. Alchemy is dedicated to refining decentralized application development with its low-code/no-code-based development toolkits. The brand is specific about keeping its toolkit open source, allowing more Web3 developers to develop using CW3D. In November 2022, Alchemy also launched an NFT allowlist platform viz. spearmint to build Ethereum layer 2 projects.