Alchemy made a partnership with the ASTAR project based on Polkadot

Alchemy’s infrastructure blockchain platform has concluded a partnership with the ASTAR project for the development of Web3 in the Polkadot ecosystem. This is stated in the press release provided by Forklog.

The agreement will simplify the creation of Dapps in ASTAR. Developers will gain access to API Alchemy to create complex applications that use previously inaccessible in Polkadot functions.

The parties expect that partnership will positively affect the development of Web3 sector. The Build2Earn initiative will allow developers to receive income by remuneration for staying.

“Support for the ecosystem […] will help attract even more incentives and innovations to the Anchor Protocol: community. Our cooperation will provide the resources necessary for the development of developers in Web3 on Astar, Polkadot and beyond, ”said the founder and CEO of the Sota Vatanabe project.

ASTAR is a POLKADOT smart contract platform designed to become a “Hub for decentralized applications”. In December 2021, the project won the auction for the third slot of Polkadot parachain.

Alchemy founded in 2017 provides a wide range of tools for creating decentralized exchanges and NFT platforms.

On the basis of the platform, marketplaces of non -interchangeable Opensea, Dapper Labs, NBA Topshot and SuperraRare tokens were built. Alchemy services are used by Coinbase, unnamed leading investment banks and transnational companies like Adobe and PWC.

Recall that in June 2022, Alchemy launched a grant program for Web3 developers of $ 25 million.

Previously, the platform attracted $ 200 million when estimated at $ 10.2 billion.

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