The cryptocurrency landscape is evolving rapidly, and a new startup emerging from this dynamic environment is poised to simplify development for aspiring blockchain creators. Inclusive Layer, led by Kavita Gupta, founder of Delta Blockchain Fund, aims to empower users to build blockchain applications seamlessly across multiple chains without requiring extensive coding knowledge.
In an exciting announcement, Inclusive Layer is designed to tackle the technical challenges often faced by developers, providing a solution that aggregates liquidity between popular blockchain networks like Ethereum, Solana, Base, Polygon, and Arbitrum. This initiative comes at a crucial time, with a growing number of individuals interested in creating decentralized applications (dapps) amidst an influx of new entrants into the crypto space.
“I started to see a huge gap: Why are people not able to build a robust white label cross-chain solution?”
Gupta, who brings her experience from ConsenSys Ventures, noted the consistent demand for cross-chain options over the last couple of years. With the launch of their first application, Caishen, a cross-chain trading service, Inclusive Layer promises to be a game-changer. The platform intends to significantly reduce the friction involved in blockchain development, making it easier for users to connect different blockchain protocols.
Despite the presence of established players in the space, such as Alchemy and Swing, there remains a significant need for user-friendly solutions. As Gupta observed, there is a keen interest among developers to build applications that traverse multiple blockchains, particularly between Base and Solana. This necessity highlights the potential for Inclusive Layer to fill a pivotal gap in the market.
Backed by the Delta Blockchain Fund along with support from firms like GSR and Borderless, Inclusive Layer and its innovative approach to cross-chain application development could usher in a new wave of creativity and functionality in the ever-evolving world of blockchain technology.
Inclusive Layer: Simplifying Blockchain Development
The emergence of Inclusive Layer, founded by Kavita Gupta, signifies a new phase in blockchain application development, enabling users to create applications across multiple chains with ease.
- Founder’s Vision: Kavita Gupta, a prominent figure from Delta Blockchain Fund, aims to bridge the gap for those wanting to build on various blockchain platforms without extensive coding skills.
- Product Features:
- Designed to abstract technical complexities involved in blockchain development.
- Facilitates liquidity aggregation among major chains like Ethereum, Solana, and Polygon.
- Initial Offering: The first application, called Caishen, is a cross-chain trading service that aims to streamline trading across different blockchain networks.
- Market Need: Despite existing solutions such as Alchemy and Swing, there is a growing demand for accessible development tools in the blockchain space.
- Industry Gap: Gupta identified a significant gap while being frequently asked about creating cross-chain products, particularly between chains like Base and Solana.
- Team Expertise: The project is backed by experienced professionals, including Blas Rodríguez Irizar, who brings additional technical expertise from Composable Foundation and ConsenSys.
- Incubation Support: Both Inclusive Layer and Caishen are supported by Delta Blockchain Fund, alongside notable backing from GSR and Borderless.
“Building between those two [Base and Solana] and having them integrated is not at all easy.” – Kavita Gupta
These developments could significantly impact readers by opening up opportunities in blockchain entrepreneurship, fostering innovation, and catering to those seeking to leverage blockchain technology without a steep learning curve.
Inclusive Layer: Bridging Blockchain Development Hurdles
Kavita Gupta’s new venture, Inclusive Layer, is entering the bustling blockchain application development space with a fresh approach aimed at democratizing access to cross-chain technology. By abstracting technical complexities, this startup aspires to empower non-developers and small teams to create dapps that seamlessly connect with major blockchains like Ethereum and Solana. This initiative taps into the growing desire among aspiring developers to engage with blockchain technology without needing extensive coding knowledge—a shift that could significantly broaden the market base of blockchain applications.
However, the path is fraught with challenges. While Gupta and her team intend to carve out a space for themselves amidst established players like Alchemy and Swing, these incumbents have already created a robust foundation. They boast comprehensive tools and extensive documentation, which raise the bar for newcomers trying to gain traction. In this not-so-easy landscape, Inclusive Layer must not only match but also exceed the capabilities of existing solutions to gain the trust of users.
The core strength of Inclusive Layer lies in its ability to simplify cross-chain interactions through its first app, Caishen. Users intrigued by the potential of cross-chain trading will find it particularly appealing. Gupta’s insights reveal that there is indeed a substantial demand for solutions that enable efficient trading between networks—potentially positioning Caishen as a go-to choice for users eager to explore this new frontier. This demand creates a unique opportunity for Inclusive Layer to attract a wide array of clients, from hobbyist developers to seasoned enterprises looking to extend their offerings.
On the flip side, the evolving regulatory landscape surrounding blockchain technology could pose serious hurdles. As governments and organizations grapple with the implications of decentralized finance, startups like Inclusive Layer may face scrutiny that could stifle innovation. Any sudden policy changes could disrupt operations and create headaches for users who rely on these platforms for security and transparency. Should regulatory issues arise, they could undermine the trust that Gupta’s team hopes to establish with its customer base.
In summary, while Inclusive Layer has the potential to fill critical gaps in blockchain development, its success hinges on navigating market competition and external challenges effectively. If it can amplify its unique value proposition and deliver exceptional user experiences, it stands to empower a wave of new developers eager to break into the blockchain ecosystem. On the other hand, it must remain vigilant about market changes and regulatory pressures that could hinder its journey and impact its growing community of users.