Welcome to thirdweb! thirdweb is a tool that helps developers make web3 apps, games, tokens, NFTs, and marketplaces. It offers easy-to-use SDKs and allows custom or pre-built smart contracts. It was founded in 2020 by Furqan Rydhan and Steven Bartlett, leading the way in blockchain innovations.
So, in this guide, we’ll explore what thirdweb actually is, how it works, it’s crunchbase profile, and how it can help you or your business. Let’s dive in!
What is thirdweb?
Introducing thirdweb! Significantly, it is an intuitive platform designed to empower developers with no-code and low-code features for building web3 applications and selling NFT collections using smart contracts.
What sets thirdweb apart is its user-friendly approach. You don’t need extensive blockchain knowledge to launch your app. The free toolkit offers easy-to-use features that allow users to create, launch, and manage various web3 applications without any coding.
So far, more than 30,000 developers have utilized thirdweb to deploy over 100,000 smart contracts using pre-approved templates containing customizable smart contracts and SDKs. Even non-techies can participate in the thirdweb ecosystem, accessing specialists who provide services and support for building NFTs.
How does thirdweb help create NFTs?
thirdweb is a platform that facilitates digital assets and consumer services by simplifying the process of building NFT products. With just a few steps, builders can create NFTs, making web3 builds more cost-effective and accessible for small businesses. As the NFT marketplace is projected to reach $80 billion by 2025, thirdweb offers tools to help partners build NFTs and tap into the numerous opportunities in this growing sector.
Additionally, supported blockchains include Ethereum, Solana, Polygon, Flow, Avalanche, Fantom, Near, and soon Cosmos, allowing for seamless integration. This accessibility and user-friendly approach open up opportunities for businesses to leverage NFTs for various purposes, such as rewarding customers, creating digital memberships, or launching unique collectibles.
No Code Smart Contracts
With the help of smart contracts, creators can easily design, launch, manage, and maintain intellectual property and copyright ownership, all without requiring private keys and complex scripts. These smart contracts also establish NFTs and social tokens as unique, verifiable assets. Therefore, instilling consumer trust and confidence.
Additionally, digital contracts enable creators to claim royalties or set up royalty splits, distributing earnings among various stakeholders and automatically depositing the funds into their digital wallets. Thanks to thirdweb’s wide range of customizable smart contract templates, asset owners can directly link their digital assets to their wallets from a private dashboard, ensuring the long-term security of their earnings.
thirdweb SDK (Software Development Kits)
thirdweb’s devkit empowers developers to construct frontend apps accessible via web browsers or mobile apps. Its diverse range of features is compatible with popular frameworks like Typescript, Python, and Go, ensuring broad compatibility. By utilizing the available SDKs, you gain greater control over the utility of your app and can accelerate development through straightforward copy-pasting of widget codes. thirdweb seamlessly embeds this code into your site builder.
With the aid of thirdweb’s SDKs, you can easily create a page supporting the buying and selling of digital tokens backed by a DAO governance model. Moreover, NFT drops can be effortlessly generated, allowing creators to mint their NFTs and assign ownership to a digital wallet without requiring technical expertise. However, collaborating with specialists offers additional control over your digital assets.
What else can you do with thirdweb?
thirdweb enables a wide range of exciting projects. Here, we’ll take a look at some examples!
Firstly, let’s look at Web2 Apps with Web3 Features. thirdweb highlights that many Web2 apps can harness Web3 technology to their advantage. For instance, a business might utilize an NFT drop to grant early platform access to users. Users can hold the NFT token, enjoying early access, and later sell it to others. The business can earn royalties from each secondary sale, creating an enjoyable user experience while also generating a lucrative revenue model.
Secondly, DAOs. thirdweb helps customers establish DAOs. These organizations operate with decentralized authority, where decisions are made collectively rather than by a few individuals. Using smart contracts on the blockchain ensures secure and decentralized governance. DAOs often sell membership in the form of NFTs, and thirdweb assists in launching these for customers.
Finally, let’s explore Public Marketplaces, PFP Collections, and Blockchain Games. thirdweb’s services extend to diverse projects, including assisting a brand in building a marketplace for augmented reality NFTs. This groundbreaking marketplace allows people to sell and trade NFTs specifically designed for virtual reality games and platforms. Additionally, thirdweb facilitates the launch of large-scale NFT collections and blockchain-based games with digital economies.
How does thirdweb make money?
thirdweb secured a substantial funding amount of $29.3 million through four funding rounds. The most recent funding was successfully raised on April 2, 2023, as part of a Debt Financing round. Impressively, thirdweb garnered support from a total of 12 investors, fueling their growth and innovation in the market.
thirdweb Crunchbase profile
Finally, let’s take a look some of the information about thirdweb that you can find on its crunchbase profile. The web3 company currently has around 288,336 monthly web visitors, and this number is growing. Shopify, Polygon, and Coinbase, are some of the thirdweb investors crunchbase has listed. Furthermore, the company currently utilizes 49 technologies for its website. Some of these technologies include iPhone/Mobile Compatible, Viewport Meta, and Apple Mobile Web Clips Icon.
In conclusion, thirdweb is a powerful and user-friendly platform that revolutionizes the creation of web3 applications and NFTs. With its end-to-end developer tool, robust SDKs, and smart contract templates, the platform empowers teams to bring their blockchain-powered innovations to life without the need for extensive technical expertise.
Ultimately, thirdweb’s offerings open up exciting possibilities for businesses and creators alike!