Web3 application development platform Sort announced a successful $3.5 million seed funding round co-led by Lemniscap and The General Partnership.
Key investors included Alliance DAO, Punk DAO, Orange DAO, Blizzard Fund, Parasol, and Red Rooster Ventures, supplemented by angel investors from Coinbase, Gemini, and Snyk.
The new capital will accelerate the launch of ‘Sort applications’ for creating blockchain contract UIs, further expand the Sort team, and foster the development of the platform’s product suite.
Sort is poised to simplify the creation of Web3 applications and aims to onboard the next million developers to the Web3 ecosystem, irrespective of their skill level.
Sort allows developers to directly integrate data from smart contracts into their decentralized applications, streamlining the process with just a few lines of code.
In the Web3 era, revenue is driven by contract transactions like coin swaps or NFT transfers. The platform offers real-time access to contract transactions, logs, events, and function results, creating an engaging experience for contract authors and application builders.
It also has plans to utilize ChatGPT and LLMs for formulating SQL queries for UI population.
Co-founder of Sort, Jason Zucchetto, expressed his enthusiasm about the seed round closure, seeing it as a significant validation from global investment heavyweights.
He stated, “We’re energized at the prospect of supercharging decentralized application development, while working closely with developers to extend more cutting-edge tools to the global community.”
Roderik van der Graaf, Founder of Lemniscap, and Anthony Kline, Partner at The General Partnership, shared their support for Sort’s mission to simplify Web3 app development and democratize dApp development.
Sort’s innovative platform serves as a complete backend service for decentralized applications, allowing for hosting on decentralized platforms like IPFS and Arweave.
AsiaTechDesk