Share this article
Alchemy Acquires Web3 Educational Platform ChainShot to Onboard Developers
The Web3 developer backend has been steadily growing its educational resources over the past several months.
By Cam Thompson
Updated May 11, 2023, 5:35 p.m. Published Aug 25, 2022, 4:12 p.m.
Make us preferred on Google
Developer backend Alchemy has acquired blockchain educational platform ChainShot to bolster its resources for bringing on and training Web3 builders, the company said Thursday in a blog post.
Alchemy did not disclose the valuation of the acquisition.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Elan Halpern, product manager at Alchemy, told CoinDesk that Alchemy’s mission to support Web3 developers is propelled through its acquisition of ChainShot, providing resources to improve their blockchain fluency. ChainShot, creator of an entry-level Ethereum builder bootcamp, will provide its educational framework to Alchemy users.
Alchemy has been steadily growing its developer resources this year. After completing a $200 million Series C funding round in February, it created a $25 million grants fund for early-stage crypto projects; it also has a pair of education platforms of its own.
Read more: What Is Web3? Understanding What Web3 Is... and Isn't
“What we found was that [ChainShot] was the most comprehensive way for a developer to really level up and gain the skills they need to gain in order to either secure a job as an engineer in Web3, or start their own protocol or do something else in the space,” said Halpern.
More For You
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
More For You
Optimism governance approves OP token buyback plan tied to superchain revenue
The proposal links the OP token more directly to the economic performance of the Superchain.
What to know:
- Optimism’s governance has approved a proposal that links the OP token more directly to the economic performance of the Superchain, marking a notable shift in how one of Ethereum’s largest layer 2 ecosystems approaches token value and revenue use.
- The proposal passed with 84.4% of votes in favor, according to Optimism’s onchain governance portal, after several days of discussion among delegates and tokenholders
Top Stories
