Product Hunt Daily Digest
December 13th, 2021

Shopify for web3

It was only a matter of time before we saw no-code builders focus on web3 products.

Software that lets you build marketplaces and apps without code are still evolving within web 2.0 (i.e. the current phase of the internet that drives online collaboration). Now, as a wave of blockchain tech pushes us towards the next phase of the internet, no-code is perfectly suited to play a big part. No-code democratizes creation, and web3 is all about democratizing the internet.

Enter: thirdweb, a platform for building web3 apps and games without code. It launched yesterday alongside its announcement of closing a $5M funding round from high profile investors like Mark Cuban and Gary Vee (and Ryan Hoover).

thirdweb’s founders are Steven Bartlett and Furqan Rydhan. Bartlett previously founded a marketing agency called The Social Chain, and those in the UK may recognize him as the newest — and youngest — investor to join the "Dragon’s Den" (the "Shark Tank" of US or Tigers of Japan). Rydhan is a serial entrepreneur: the co-founding CTO of Bebo and then AppLovin. He started an incubator, Founders Inc., which is where the idea for thirdweb emerged.

“We've spent the last 18 months, in my incubator, working with a bunch of teams who are trying to launch NFT and web3 projects. During that time we learned the biggest barriers for developing these experiences is learning new programming languages and blockchains,” shared Rydhan.

thirdweb facilitates deploying smart contracts (using your own wallet) so that you can use widgets and interfaces with web3 features in your product, whether that be an app, game, or DAO. Makers can use thirdweb to launch NFTs, marketplaces, social tokens, and more.

The platform is free to use until royalties and fees are programmed into the sales of NFTs that are launched. thirdweb takes five percent of the royalties of secondary sales. At least one commenter expressed some disappointment with this model, but the makers support it, saying that it means the company's revenue is in direct proportion to the success of its customers.

Feedback otherwise has been overwhelmingly positive, with multiple early adopters commenting on the company’s strong customer service experience via Discord.

It’s of note that we did also just see related launches from Tellie, InLoop, and Nifty Generator, so if you’re building or integrating products in this space, check those out next.

To democratization
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