December 15, 2021

Steven Bartlett Launches New Web3 Platform, Backed By Mark Cuban And Gary Vaynerchuk

Social Chain founder Steven Bartlett and Furqan Rydhan, founding CTO of Bebo and AppLovin, have just launched a software startup for web3 projects.

Announcing the news on Twitter, Barlett said: “BIG NEWS: Today I’m announcing the launch of my new company, third web! Web3, NFT’s, and blockchain technology is going to impact every single industry and every single job.

“We’ve built the platform that makes it incredibly easy to build web3 applications in a matter of clicks.”

Thirdweb reportedly launched its free tools three months ago for developers to build, launch and manage their web3 projects without writing any lines of code.

Its main goal is to get to over 1,000 developers, teams, and companies using the tools. Despite still being in the early stages – 500 projects have already used its features, according to a report by TechCrunch.

The startup, which just closed on $5 million in funding from a group of high-profile business leaders, including Gary Vaynerchuk and Mark Cuban, enables the addition of NFTs, social tokens and currencies, marketplaces for buying and selling tokens, and NFT loot boxes and drops on your own projects in a few clicks.

It also has the ability to split royalties between multiple people, rather than one lump payment for the ownership team.

The new capital earned will hire both the technical and growth teams and focus on marketing and video assets to educate users on its tools.

“Web3 is happening, and NFTs are here for the rest of our collective lives,” Vaynerchuk said via email to TechCrunch.

He added: “Look at what happened from 1995 to 2000 on the ‘internet’ and use that history lesson to deploy how much will be ‘fixed’ in web3 over the next half-decade. I’m excited to see Thirdweb accelerate this shift. Fifteen years ago, no one believed that the world would be full of social media creators and artists.

“Web3 is now giving them the opportunity to own their creations and get a fair share of the profits, and I think that’s something you don’t want to miss. I believe in this space, I believe in this team, I believe in their vision, I believe in the opportunity, and I believe in their execution.”

Abbianca Makoni

Abbianca Makoni is a content executive and writer at POCIT! She has years of experience reporting on critical issues affecting diverse communities around the globe.

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