Blockchain Backend Firm Alchemy Moves to Bring NFTs to a Wider Audience

The influential blockchain infrastructure company is rolling out an API that links NFTs with ever more platforms.

AccessTimeIconNov 18, 2021 at 7:30 p.m. UTC
Updated Nov 18, 2021 at 7:45 p.m. UTC

Danny is CoinDesk's deputy business editor. He owns BTC, ETH and SOL.

A key company in non-fungible token (NFT) infrastructure is rolling out a new tool to help NFTs go mainstream.

Alchemy Insights, Inc., the developer-centric firm plugged into Dapper Labs and many Ethereum blue-chips, on Thursday launched an NFT API that it said will bridge assets like CryptoPunks with websites, social media and other non-crypto-native platforms.

Think of it as Web 3 meets Web 2, CEO Nikil Viswanathan told CoinDesk.

He said the new product line makes it easier for developers to integrate NFTs with the wider digital world. It’s not just as simple as screenshot and paste, he said, especially when it comes to future NFT applications like the metaverse.

“It’s really difficult to build complex applications on top of NFTs,” he said. “Our goal here is to make NFTs accessible to any developer.”


Read more about

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

CoinDesk - Unknown

Danny is CoinDesk's deputy business editor. He owns BTC, ETH and SOL.

CoinDesk - Unknown

Danny is CoinDesk's deputy business editor. He owns BTC, ETH and SOL.

Trending

1
CoinDesk - Unknown
‘I Don't Follow Trends’: Multicoin’s Kyle Samani on How to Make It in Crypto

The Multicoin Capital founder says to zig when everyone zags, during CoinDesk’s “Future of Work Week.”

CoinDesk - Unknown
2
CoinDesk - Unknown
Meet ‘Frequency,’ Polkadot’s New Decentralized Social Media Parachain

The team behind Project Liberty’s Decentralized Social Network Protocol unveiled the newly named parachain at Polkadot Decoded.

CoinDesk - Unknown
3
CoinDesk - Unknown
DeFi Shouldn't Be Regulated, Crypto Advocates Tell UK Regulator

The advice comes from those who participated in a forum the Financial Conduct Authority held to hear from the digital assets industry.

CoinDesk - Unknown
4
CoinDesk - Unknown
Market Wrap: Bear Market Guides in Vogue as Bitcoin Drops for Fourth Straight Day

BTC was sliding toward $20,000 on Wednesday, as the Bankless newsletter offers mental health tips for surviving a crypto winter.

CoinDesk - Unknown