Alchemy Launches Free Web3 App Store for Users and Developers

Alchemy aims to give Web3 developers a free platform to launch their decentralised apps.
Image source: Alchemy

Quick take:

  • Alchemy’s Web3 app store aims to streamline access to decentralised apps.
  • The app store is centralised, but is free to access.
  • Alchemy wants to onboard more users to the Web3 space by providing an accessible dApp store.

Blockchain API and infrastructure platform Alchemy is releasing a Web3 app store, according to a Coindesk report. The app store aims to streamline access to decentralised apps and give Web3 developers a free platform to launch their decentralised apps.

While the Alchemy Web3 app store is centralised, it is free to access. Jason Shah, head of growth at Alchemy, told CoinDesk that the platform wants to provide free resources to a community that can grow the app store and shape it. 

This news comes after Apple reportedly blocked Coinbase’s latest app update and demanded a 30% cut of all NFT gas fees. Shah told CoinDesk that Alchemy’s motivation for providing an accessible dApp store is to onboard more users to the Web3 space rather than earn royalties.

“We wanted to really step in and help provide an open, community-oriented product while still providing a kind of clarity and trust to consumers,” Shah told CoinDesk. “If we believe in the future of Web3, we really need to make it really simple for [users] to get the word out there, and educate consumers about the benefits that they provide.”

In August, Alchemy acquired web3 education service provider ChainShot to bring free web3 educational programs to the masses. The company launched a $25 million developer grants initiative in June as it doubled down on its mission to make Web3 development accessible.

Despite the crypto market downturn of late, Alchemy has seen a threefold increase in the number of teams building Web3 products since January. The company says that “Web3 is a technological wave with a huge future” and “the ideas that will define the next 20 years of Web3 will be built in the next two.

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