Alchemy- The NFT Startup Powering Most NFT Platforms Raises $80 Million
This week, Alchemy announced a Series B round totaling $80 Million and valuing the fast growing organization at around $500 Million. What makes this announcement so exciting is that the platform created by Alchemy has been used to launch some of the most successful markets including Dapper Labs (The creators of CryptoPunks and CryptoKitties) as well as NBA Topshot and the largest marketplace Opensea.
Founded by Stanford grads, Joe Lau and Nikil Viswanathan, the team knew they discovered the next big thing. Today, alchemy says that they make blockchain development easy by letting users deploy and develop on the blockchain with a single line of code.
Details about the Alchemy NFT platforms.
ALCHEMY SUPERNODE
Supercharged Ethereum API
Alchemy Supernode is the most widely used Ethereum API. Get all the functionality of a node, including JSON-RPC support, but with the supercharged reliability, data correctness and scalability needed to run world-class applications on the blockchain.
ALCHEMY BUILD
Powerful suite of developer tools
Alchemy Build is a no-code, no-configuration suite of developer tools. Instantly search through millions of historical requests, view real-time transactions in the mempool, make JSON-RPC calls directly from the dashboard, and quickly scan recent requests and errors.
Other Alchemy Highlights
- $30 Billion in on-chain transaction volume
- 10+ Million End Users Powered
- Every Major NFT Platform uses Alchemy
Is Alchemy really about DeFi
While most of the excitement around this announcement has focused on NFTs which are currently either the media villain or darling, The DeFi implications of this announcement may go unnoticed, but are critical.
The AWS of Non-Fungible Tokens
In proper silicon valley fashion, the team behind alchemy have found the best way to describe what they are. If they’re successful (and they have a huge head start) every time you’re interacting with an NFT you’re going to be using Alchemy infrastructure. When you think about how this will impact the future of NFTs like the Pokemon NFT project and more, this is one of the biggest underappreciated announcements of 2021.
