Sort Platform Raises $3.5M: Revolutionizing Web3 Development or Just Hype?

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A promising platform called Sort is making waves in the blockchain community as it has successfully raised $3.5 million in a seed funding round. Co-led by venture capital firm Lemniscap and The General Partnership, the funds will be used to expand the team and product suite, while also expediting the launch of “Sort applications” – the full stack for writing a UI for a blockchain contract.

Even though the crypto market faced a harsh winter, Web3 application developers were resilient and continued to build the ecosystem. A recent study by Alchemy, a Web3 developer back end company, revealed a remarkable 47% year-over-year increase in Ethereum software development kits (SDK) installed per week in the first quarter of 2022. Moreover, wallet SDK deployments surged by an astounding 788%, marking an all-time high in wallet infrastructure installation.

Sort currently boasts over 150 free users and a small group of paying customers ahead of their official launch. For instance, the Chillennials NFT project leverages Sort to power their leaderboard. Co-founder Jason Zucchetto stated that Sort simplifies the process of creating websites and front-ends for blockchain applications.

To start, developers need a contract address, and Sort provides access to a complete toolkit. Zucchetto noted that the platform also includes a component to assist React developers in building web applications. React, an open-source JavaScript library, helps design and create JavaScript-based apps.

Interestingly, once the contract is paid for on Sort and sponsored, it becomes available for anyone to use for free. This means that developers of the contract gain two key advantages. Firstly, Sort serves as the backend, eliminating the need to manage any infrastructure or servers. Secondly, developers can encourage the community to build applications on the Sort platform for free when using the contract.

The seed funding round saw participation from various organizations, including Alliance DAO, Punk DAO, Orange DAO, Blizzard Fund, Parasol, Red Rooster Ventures, and several angels from companies such as Coinbase, Gemini, and Snyk.

While this funding round is certainly an impressive achievement for Sort, it’s essential to remain cautiously optimistic as the company moves forward. Despite its innovative approach and dedicated user base, the blockchain and Web3 development landscape remains highly competitive, meaning that Sort must continuously adapt and innovate to ensure long-term success.

Source: Coindesk

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