{"id":63081,"date":"2022-06-17T17:06:34","date_gmt":"2022-06-17T14:06:34","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=63081"},"modified":"2025-09-05T21:55:10","modified_gmt":"2025-09-05T18:55:10","slug":"alchemy-launches-25-million-grant-program-for-web3-developers","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/alchemy-launches-25-million-grant-program-for-web3-developers\/","title":{"rendered":"Alchemy launches $25 million grant program for Web3 developers"},"content":{"rendered":"<p>The blockchain infrastructure platform Alchemy announced the launch of a program to support Web3 startups and developers. Its size will be $25 million.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">1\/ Announcing the WAGBI Grant \u2014 <a href=\\\"https:\/\/twitter.com\/hashtag\/WereAllGonnaBuildIt?src=hash&#038;ref_src=twsrc%5Etfw\\\">#WereAllGonnaBuildIt<\/a>!! \ud83d\udc77\u200d\u2640\ufe0f\ud83d\udee0\ufe0f<\/p>\n<p>Alchemy\u2019s $25M Developer Grants Initiative<\/p>\n<p>The market tanks \u2014 we <a href=\\\"https:\/\/twitter.com\/hashtag\/WAGBI?src=hash&#038;ref_src=twsrc%5Etfw\\\">#WAGBI<\/a> on Web3<\/p>\n<p>Here\u2019s what it is and how you can access it: <a href=\\\"https:\/\/t.co\/W7XJQu0JP8\\\">pic.twitter.com\/W7XJQu0JP8<\/a><\/p>\n<p>\u2014 Alchemy | We\u2019re Hiring! (@AlchemyPlatform) <a href=\\\"https:\/\/twitter.com\/AlchemyPlatform\/status\/1537778384947781632?ref_src=twsrc%5Etfw\\\">June 17, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>The company will support early-stage projects in a market downturn.<\/p>\n<p>Applicants may receive up to $50,000 per application. Submissions will open on June 20. Funds will be distributed by mid-July.<\/p>\n<p>Projects will gain access to Alchemy&#8217;s comprehensive infrastructure, platform and tools, as well as consultations from its team.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p><em>&#8220;We are responsible for supporting those who are passionate about new technology. We intend to attract new developers into the ecosystem during the market downturn,&#8221;<\/em> said CoinDesk <a href=\\\"https:\/\/www.coindesk.com\/business\/2022\/06\/17\/alchemy-launches-25m-developer-grant-program-to-fund-web3-projects\/\\\">Paul Almasi<\/a>, head of ecosystem development at Alchemy.<\/p>\n<\/blockquote>\n<p>According to the executive, the initiative will focus on projects aimed at increasing NFT utility and popularising DeFi. It also targets <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-dao-decentralised-autonomous-organisation\">DAO<\/a> and decentralized identification.<\/p>\n<p>In addition to the grant program, Alchemy also invested in educational platforms Web3 U and The Road to Web3.<\/p>\n<p>Founded in 2017, the company provides a broad range of tools for building decentralized exchanges and NFT platforms: from node management to so-called monitoring of application functionality.<\/p>\n<p>Alchemy originally focused on Ethereum, but later broadened the number of supported blockchains, adding Layer 2 solutions from Polygon and Flow.<\/p>\n<p>NFT marketplaces OpenSea, Dapper Labs, NBA Top Shot and SuperRare are built on the platform. Alchemy&#8217;s services are used by Coinbase, unnamed leading investment banks and multinational companies such as Adobe and PwC.<\/p>\n<p>In February 2022, Alchemy <a href=\"https:\/\/forklog.com\/en\/news\/alchemy-the-infrastructure-blockchain-platform-raises-200m-at-a-10-2bn-valuation\">attracted $200 million<\/a> following an additional round of Series C funding. The startup was valued at $10.2 billion.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news on our Telegram \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The blockchain infrastructure platform Alchemy announced the launch of a program to support Web3 startups and developers. Its size will be $25 million.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1580,1192,1358],"class_list":["post-63081","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-alchemy","tag-developers","tag-grants"],"aioseo_notices":[],"amp_enabled":true,"views":"29","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/63081","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=63081"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/63081\/revisions"}],"predecessor-version":[{"id":63082,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/63081\/revisions\/63082"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=63081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=63081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=63081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}