Web2 Platforms Aim To Make Web3 Development Easy, But Will This Hurt The Industry?

cryptonews.com:

Web3 activity has increased over the course of 2023. According to a recent report from DappRadar, the decentralized application industry (dApp) achieved a milestone of 3.4 million daily Unique Active Wallets (dUAW) in November. The report notes that this represents a 7 percent increase in growth from October, while also establishing a record high for the year up until that point.

As the speculation of a new bull run looms, dApps are likely to continue to rise in popularity. While notable, it’s important to point out that building Web3 applications can be complex for developers. A blog post from DEV Community – an information sharing website for coders – further explains this. The post states:

“Web3 and blockchain development can be quite complex and difficult to understand for beginners. These technologies involve advanced concepts such as cryptography, decentralized networks, and smart contracts, which can be challenging to grasp without prior knowledge and experience. Additionally, because these technologies are new and evolving, there may not be as many resources and tutorials available to help beginners learn the basics.”

Given the complexity of Web3 development, software as a service (SaaS) platforms are starting to incorporate components aimed at helping developers build dApps.

For example, Henri Stern, chief executive officer and co-founder of Privy – a platform that aims to easily onboard users to crypto products – told Cryptonews that Privy’s core goal is to make it easier for developers to build applications that keep users in control of their assets and data. “Crypto onboarding is our main path. Our core customers are building experiences for mainstream users that could not exist without crypto rails,” said