Web3 applications
Startup News

Blocktorch and its Mission to Scale Web3 Applications

2 Mins read

Photo was created by Webthat using MidJourney

Empowering dApp Developers

The Ethereum blockchain brought us the world of decentralized applications (dApps), but with the emergence of Web3 tooling, these apps have the potential to grow in terms of scale and adoption.

However, developing Web3 applications comes with its own set of challenges, such as the need for advanced testing, monitoring and exploration of blockchains. This is where Blocktorch comes in.

This innovative startup has developed an end-to-end observability platform that empowers dApp developers and engineers to improve their code and enhance user experience.

This blog post will delve into Blocktorch’s seed funding, explanation of their observability platform, recent progress as well as their potential to contribute to the growth and adoption of decentralized Web3 applications.

The Seed Funding

Blocktorch recently raised $1.4 million in seed funding through investors, including Framework Ventures, CoinFund, Volt Capital, Spartan Group, and others. The funds will be used to scale the company’s team and launch the official version of its platform. It is worth noting that Blocktorch’s beta is already available to the public for developers to test and provide feedback.

Blocktorch’s End-to-End Observability Platform

Blocktorch’s observability solutions provide developers with advanced techniques, including end-to-end tracing, distributed tracing, and log analysis, to allow for the assessment and exploration of dApps. Engineers can then leverage this data to improve code performance and optimize user experience.

Moreover, Blocktorch’s offering can apply to a range of blockchain networks, beyond just Ethereum. Blocktorch’s observability offering fills a missing gap in Web3 tooling, empowering developers to test, monitor, and explore blockchain networks in a more efficient and effective manner.

Blocktorch’s Recent Progress

Blocktorch has made notable progress with recent partnerships with Alchemy and QuickNode. These partnerships go a long way in strengthening its offerings, as well as allowing for a more comprehensive and efficient developer workflow. Blocktorch’s CEO, Prahar Shah, has referred to these partnerships as “superpowers” in empowering their users.

Blocktorch’s Powerful Role in Driving Decentralized Application Growth

Blocktorch’s platform empowers dApp developers to test, monitor, and explore blockchain networks in an efficient and effective manner. The partnerships are a testament to the fact that Blocktorch is seeing the adoption of Web3 tooling and development grow.

In conclusion, Blocktorch has the potential to make a valuable impact on the growth of decentralized Web3 applications. The power handed to developers, through the use of Blocktorch, enables the development and creation of dApps within a new level of functionality.

The new application of techniques, approaches, and data is vital in creating a more scalable and effective Web3 ecosystem. Lastly, Blocktorch is a vital part of this community’s effort to solve Web3 application development’s innate challenges.


Related posts
Startup News

Decoding Ola Electric's $300 Million Series E Financing Round

3 Mins read
Startup News

Gizmo Raises $3.5M with Gamified Quizzes and AI Magic

3 Mins read
Startup News

Shadowfax Journey: A $60 Million Boost Led by TPG NewQuest

3 Mins read
Connect and Engage

Stay in the loop and engage with us through our newsletter. Get the latest updates, insights, and exclusive content delivered straight to your inbox.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Business News

Understanding Bain Capital's New Global Special Situations Fund