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Alchemy Partners With Astar Network to Accelerate Web3 Development on Polkadot

Blockchain developer platform Alchemy and innovation hub Astar Network have partnered to supercharge Polkadot development. The move will make it easier for developers to...
Alchemy Partners With Astar Network to Accelerate Web3 Development on Polkadot © Reuters. Alchemy Partners With Astar Network to Accelerate Web3 Development on Polkadot

Blockchain developer platform Alchemy and innovation hub Astar Network have partnered to supercharge Polkadot development. The move will make it easier for developers to create dApps on Astar Network, Polkadot’s leading parachain, and unleash a wave of web3 creativity. As a result of the partnership, developers can use Alchemy’s powerful APIs to create sophisticated apps that leverage features previously unavailable on Polkadot.

The partnership will leverage the most widely used web3 API, Alchemy Supernode, to provide better monitoring and analytics, with Astar serving as the parachain that connects Polkadot to all major Level 1 blockchains. The collaboration will also incorporate Astar’s #Build2Earn offering. Astar Network is the only Polkadot parachain that enables token holders to stake tokens on their favorite dApp, meaning web3 developers can earn a basic income through staking rewards.

“Supporting the developer ecosystem is one of Astar’s core values and our collaboration with Alchemy will help bring even more incentives and innovation to the community,” said Sota Watanabe, founder and CEO of Astar Network. “Our collaboration will provide the resources needed to grow the builder community in web3 on Astar, Polkadot and beyond.”

“Alchemy infrastructure makes it easier for developers to build any dApp with infinite scalability, accuracy and reliability,” said Rob Boyle, Head of Product at Alchemy. “We’re thrilled to combine forces with Astar to foster an era of better web3 building that will power the decentralized applications of tomorrow.”

The Polkadot ecosystem is flourishing, with Web3 Foundation recently revealing its grants program has supported over 400 projects. Of these, 181 teams have completed at least one project and 300 have successfully delivered their first milestone. Many of the projects supported by the Polkadot-centric Web3 Foundation are focused on user interface development, tooling, cryptography, smart contracts, and APIs.

Alchemy’s powerful web3 developer platform provides a suite of tools to support builders while providing chain-specific education and tutorials for communities, like Road to Web3 and Web3 University. Developers building on Astar can deploy their dApps with EVM and WASM smart contracts while offering true interoperability and cross-consensus messaging (XCM).

About Astar Network Polkadot’s innovation hub, Astar Network supports the building of dApps with EVM and WASM smart contracts. It offers developers true interoperability, with cross-consensus messaging (XCM). Astar’s unique Build2Earn model empowers developers to get paid through a dApp staking mechanism for the code they write and dApps they build. Astar offers the flexibility of all Ethereum and WASM toolings for developers to start building their dApps on Polkadot’s leading parachain.

Website | Twitter (NYSE:TWTR) | Discord | Telegram | GitHub

About Alchemy Alchemy is the world’s leading blockchain developer platform. It provides infrastructure and developer tools for the blockchain industry, powering over $100 billion in transactions for tens of millions of users in 99% of countries worldwide. Alchemy’s mission is to bring web3 to billions of people by making it easy for any developer anywhere to build on blockchain.

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20-08-2022 10:30:34 (UTC+7)

EUR/USD

1.0037

-0.0051 (-0.51%)

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EUR/USD

1.0037

-0.0051 (-0.51%)

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GBP/USD

1.1831

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USD/JPY

136.93

+1.04 (+0.77%)

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AUD/USD

0.6873

-0.0046 (-0.66%)

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USD/CAD

1.2993

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EUR/JPY

137.43

+0.35 (+0.26%)

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Neutral

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EUR/CHF

0.9628

-0.0024 (-0.24%)

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Gold Futures

1,760.30

-10.90 (-0.62%)

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Silver Futures

18.965

-0.499 (-2.56%)

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Copper Futures

3.6697

+0.0382 (+1.05%)

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Neutral

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Crude Oil WTI Futures

89.97

-0.53 (-0.59%)

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Buy

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Brent Oil Futures

96.09

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Natural Gas Futures

9.280

+0.092 (+1.00%)

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US Coffee C Futures

216.20

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Euro Stoxx 50

3,730.32

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S&P 500

4,228.48

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DAX

13,544.52

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FTSE 100

7,550.37

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19,773.03

+9.12 (+0.05%)

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Neutral

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US Small Cap 2000

1,957.35

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↑ Buy

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IBEX 35

8,338.10

-92.20 (-1.09%)

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BASF SE NA O.N.

43.035

-0.405 (-0.93%)

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Bayer AG NA

54.40

+0.34 (+0.63%)

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Sell

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Allianz SE VNA O.N.

176.02

-2.50 (-1.40%)

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Adidas AG

165.60

-1.92 (-1.15%)

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Deutsche Lufthansa AG

6.275

-0.291 (-4.43%)

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Buy

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Siemens AG Class N

108.20

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Deutsche Bank AG

8.496

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 EUR/USD1.0037↑ Sell
 GBP/USD1.1831↑ Buy
 USD/JPY136.93↑ Buy
 AUD/USD0.6873↑ Sell
 USD/CAD1.2993↑ Sell
 EUR/JPY137.43Neutral
 EUR/CHF0.9628↑ Buy
 Gold1,760.30↑ Buy
 Silver18.965Sell
 Copper3.6697Neutral
 Crude Oil WTI89.97Buy
 Brent Oil96.09Sell
 Natural Gas9.280↑ Sell
 US Coffee C216.20↑ Sell
 Euro Stoxx 503,730.32↑ Buy
 S&P 5004,228.48↑ Sell
 DAX13,544.52Neutral
 FTSE 1007,550.37↑ Buy
 Hang Seng19,773.03Neutral
 Small Cap 20001,957.35↑ Buy
 IBEX 358,338.10↑ Buy
 BASF43.035↑ Buy
 Bayer54.40Sell
 Allianz176.02↑ Sell
 Adidas165.60↑ Sell
 Lufthansa6.275Buy
 Siemens AG108.20↑ Sell
 Deutsche Bank AG8.496Neutral
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SJC Eximbank6,600/ 6,700
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Cập nhật 20-08-2022 10:30:36
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EUR22.981,7524.268,73
GBP27.175,3928.334,31
JPY167,13176,93
KRW15,2618,59
Cập nhật lúc 10:25:42 20/08/2022
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