This tool suite is for developers who want to create products and services within the DeFi, GameFi, and NFT space.
Fireblocks, a digital asset custody platform, has announced the launch their Web3 Engine in order to foster the development and growth of the Web3 ecosystem.
On Tuesday, the company announced that its Web3 engine included a range of tools to allow developers to create products or services in decentralized finance (DeFi), GameFi (NFTs) and non-fungible tokens. Fireblocks also offers a wide range of decentralized apps (DApps), marketplaces, exchanges, and NFT marketplaces for alternative asset managers as well as capital market participants.
Michael Shaulov, CEO at Fireblocks, stated that Web3 was the future and that security is a key issue for the Web3 ecosystem.
The announcement stated that Fireblocks’ new Web3 Engine makes developing DApps easy on top of Fireblocks tech stack. Developers can also securely access all existing Web3 applications. Fireblocks protects against hackers and human error by enabling Web3 companies like Animoca and Stardust, MoonPay and Xternity Games to access the full range of Web3 applications.
Web3 has generated a lot of excitement within the industry, as demonstrated by Web3 tokens’ growth in market capitalization over recent years. It’s an open ecosystem that is accessible to anyone, anywhere and at any time. There are no restrictions or intermediaries. Web3’s potential has been tapped by many large companies.
Google cloud has recently created an internal team to create services for developers of blockchain applications. Meta and Amazon, two of the world’s most prominent industry players, have also entered the market through Metaverse involvement as well as NFT enthusiasm. Square Enix, a gaming giant, recently announced that it would invest heavily in Web3 gaming.
