Thirdweb is a development platform that empowers developers to build, launch, and manage Web3 applications across multiple blockchain networks. It offers a suite of tools, including robust software development kits (SDKs), pre-built smart contracts, and user-friendly dashboards, facilitating the seamless integration of decentralized technologies into various applications. This infrastructure supports the creation of blockchain games, non-fungible token (NFT) drops, decentralized autonomous organizations (DAOs), and token-gated membership clubs, among other Web3 projects.
Value Proposition:
Thirdweb provides an intuitive interface and a set of development tools, Thirdweb significantly reduces the time and complexity associated with building decentralized applications. Developers can leverage audited smart contracts and integrate Web3 functionalities without extensive blockchain expertise, thereby accelerating innovation and adoption in the decentralized ecosystem. The platform's compatibility with over 700 EVM-compatible chains, including Ethereum, Lisk, Polygon, and Binance Smart Chain.
Governance:
ThirdWeb does not have formal governance process.
Tokenomics:
Thirdweb currently does not have a native token.
Previous Funding:
Thirdweb has raised a total of $29 million across two funding rounds. In December 2021, the company secured $5 million in seed funding. Subsequently, in August 2022, Thirdweb announced a $24 million Series A funding round at a $160 million valuation, led by Haun Ventures, with participation from Coinbase Ventures, Shopify, and Polygon.
