Twitch and TikTok Help Breakthrough Artists to Bypass Big Mu... Rights for Gig Workers Are a Political Issue Now, But Many o... Brexit Patience Runs Thin With PSA Warning Disruption Inevit... Biden’s Charging Plan Could Sell 25 Million EVs, Airbnb Salvaged Its IPO by Mastering the Pandemic Pivot. So why is his new company, Alchemy, in the business of blockchain developer tools? Ethereum makes this all possible because it allows for computer programs known as smart contracts to operate within that distributed network. Founded in 2017 by Nikil Viswanathan and Joe Lau, Alchemy until now has operated in private mode where customers had to apply to use its software developer tools. When Nikil Viswanathan first saw the allegations rolling in on social media, he couldn't believe his eyes. Defi applications like the prediction market Augur, the non-fungible token platform OpenSea, the stablecoin and crypto loan service MakerDAO, and the digital-scarcity collectible service CryptoKitties all use Alchemy to run their operations. Alchemy, founded by Stanford graduates Nikil Viswanathan and Joe Lau, has raised $15 million from investors including their alma mater as well as … “We have picks and shovels.”. Alchemy, founded by Stanford graduates Nikil Viswanathan and Joe Lau, has raised $15 million from investors including their alma mater as well as LinkedIn Corp. co-founder Reid Hoffman, Yahoo co-founder Jerry Yang and financier Charles Schwab, the San Francisco-based startup said Tuesday in a statement. “In the ’70s and ’80s only researchers used computers and today everyone uses a computer,” Lau said in a phone interview, adding the same was true in the early days of the internet. The San Francisco-based firm counts 4 million users worldwide and says the applications that use its services see about $7.8 billion a year move through them. Nikil has 8 jobs listed on their profile. Nikil Viswanathan. Before it's here, it's on the Bloomberg Terminal. Nikil Viswanathan is an uber-connected, fast-talking 32-year-old with a record of turning simple consumer apps into viral success. Trump Campaign’s Unproven Vote Claims Lead to Cyber Staff Ex... Sweden’s Top Epidemiologist Says Herd Immunity Is a Mystery, Life After Aramco Includes Plenty More IPOs for Saudi Arabia. View Nikil Viswanathan’s profile on LinkedIn, the world's largest professional community. The company declined to say how much it’s worth based on the Series A funding round. Instead, these blockchain-based apps run according to their code that’s stored on thousands of computers across the world. Joseph Lau: Yeah. - Nikil 😄 Also we're almost always hiring so if you're interested in working with us or just wanna say hi, hit me up: To get inside inside look into my ridiculous and entertaining Silicon Valley life, add me on Instagram (@nikilster ), Twitter , Facebook , or Linkedin ! The two men previously collaborated to create a social-networking app for college students called Down to Lunch, which lets people invite all of their friends to lunch at the same time. They’ve also tried to develop other … Telegram. Nikil Viswanathan is an uber-connected, fast-talking 32-year-old with a record of turning simple consumer apps into viral success. “Do we need blockchain?”. Thomas Scaria: Anything to add, Joe? “Alchemy’s platform helps unlock the promise of blockchain by making blockchain development accessible for every developer.”. LinkedIn co-founder Reid Hoffman ... Alchemy's co-founders Nikil Viswanathan and Joe Lau are both Stanford graduates; the university has invested an undisclosed amount in … ReddIt. Alchemy’s customers include blockchain gaming website CryptoKitties and prediction-market platform Augur, according to its website. For a brief moment, their simple social app for finding … Founded in 2017 by Nikil Viswanathan and Joe Lau, Alchemy powers 70% of the top applications on Ethereum and has been operating in private mode until now. “We’re all here because we believe blockchain will be as powerful as the internet,” Viswanathan said in a telephone interview. While companies such as Walmart Inc. have started using blockchain technology, it still hasn’t been widely embraced by the general public. Alchemy co-founders (from left): CEO Nikil Viswanathan and CTO Joe Lau. “Everybody is focused on cryptocurrencies, but the real use here is for blockchain to effectively distribute trust -- with provable transactions and provable contracts. Cofounder and CEO. There are 10+ professionals named "Nikhil Viswanathan", who use LinkedIn to exchange information, ideas, and opportunities. Listen on Apple, Spotify, or wherever you listen to podcasts! Changes to that code typically have to be agreed upon and updated by the distributed users, unlike Amazon.com Inc. which can change its terms of service whenever it wants. Nikhil is a venture capitalist who spent several years at Shasta Ventures after beginning his career with Insight Venture Partners. The firm is considering going public in the future to help it grow, according to Viswanathan. View phone numbers, addresses, public records, background check reports and possible arrest records for Nikil Viswanathan. View Vishnu Viswanathan Nair’s profile on LinkedIn, the world’s largest professional community. Nikil Viswanathan is a hyper-connected, fast-talking 32-year-old with a record of turning simple consumer apps into viral success. Stanford University and Silicon Valley luminaries are joining forces to back Alchemy, a two-year-old blockchain company. Still, it’s difficult to build applications from scratch, Lau said in an interview. Requst An Invite To The Beta. “If we can make development easier then more apps will come online and crypto will grow,” Viswanathan said. Founded in 2017 by Nikil Viswanathan and Joe Lau, Alchemy until now has operated in private mode where customers had to apply to use its software developer tools. LinkedIn. So being the infrastructure for that, I think they’re setting themselves up for great success.”. The company says its tools have been used to build a majority of the defi market. 🎉 | Forbes 30 Under 30 | Formerly co-created #1 Social App Palo Alto, CA. Nikil Viswanathan. U.K. Clears Pfizer Covid Vaccine for First Shots Next Week, U.S. Covid Cases Found as Early as December 2019, Says Study, While OPEC+ Fights, Mexico Wins Over $2 Billion With Oil Hedge, Bitcoin’s Rally Spurs Wall Street to Question Future of Gold, Moderna Seeks Clearance for Covid Shot After Strong Results. There are 12,100+ professionals named "Viswanathan,", who use LinkedIn to exchange information, ideas, and opportunities. Down to Lunch co-founders, Joseph Lau and Nikil Viswanathan DTL. He is currently investing independently and has made several early-stage venture investments in the second half of 2020 alone. VK. Hed like to draw me a chart. “The real moment for us was Ethereum,” Viswanathan said. “Blockchain technology is transformative, but complex to work with today,” Emilie Choi, chief operating officer of cryptocurrency exchange Coinbase Inc. and an Alchemy investor, said in an emailed statement. China’s Digital Currency Could Reshape Macau’s Gambling Indu... Nikil Viswanathan, Joe Lau have raised $15 million for Alchemy, ‘We want to be the Microsoft for blockchain,’ Viswanathan says. Nikil Viswanathan: The purpose of that is taking all the technology we built in-house for the hedge fund product and opening that up to the rest of the world so they can use that to build on top of and build their own applications. View the profiles of professionals named "Nikil" on LinkedIn. Chris Kelly, the former Facebook Inc. legal chief who is one of Alchemy’s investors and is involved in the social media giant’s Libra cryptocurrency project, said he expects Alchemy to be a major player. Whether it eventually does catch on more broadly is “the $1 million question,” said Arthur Carvalho, assistant professor of information systems and analytics at Miami University in Ohio. The co-founders want to remove the complexity from building blockchain applications so the nascent industry can grow. Have a confidential tip for our reporters? ... LinkedIn cofounder Reid … Before it's here, it's on the Bloomberg Terminal. Alchemy is helping create a new type of business model known as decentralized finance, or defi, that doesn’t feature a centralized corporation that makes decisions and is in control of operations. “Blockchain has taken off,” Kelly said in a phone interview. While Viswanathan and Lau have been big fans of Bitcoin since its creation in 2009, Ethereum and its programmable capabilities showed them a whole new set of possibilities. U.K. Clears Pfizer Covid Vaccine for First Shots Next Week, U.S. Covid Cases Found as Early as December 2019, Says Study, While OPEC+ Fights, Mexico Wins Over $2 Billion With Oil Hedge, Bitcoin’s Rally Spurs Wall Street to Question Future of Gold, Moderna Seeks Clearance for Covid Shot After Strong Results. Viswanathan and co-founder and CTO Joe Lau already had a shot at the startup A-league. Linkedin. Vishnu has 2 jobs listed on their profile. He’d like to draw me a chart. “We saw that and said, ‘oh my god, that’s the future.’”, Alchemy tools used by 70% of the top applications on Ethereum, App available to anyone building smart contract-based projects. Nikil Viswanathan Co-founder & CEO at Alchemy • We're Hiring! Joseph Lau. When cryptocurrency boomed in 2017, the two classmates decided to just go for it. There are 1,200+ professionals named "Nikil", who use LinkedIn to exchange information, ideas, and opportunities. “Everyone wants to build skyscrapers in Ethereum, but we don’t have the tools right now,” he said. These investments include Canva, daring, and Roam Research,… 1435 others named Nikil . Have a confidential tip for our reporters? I think that’s right, and I think one reason this … View the profiles of professionals named "Nikil" on LinkedIn. Nikilster.com. View the profiles of professionals named "Nikhil Viswanathan" on LinkedIn. Founded in 2017 by Nikil Viswanathan and Joe Lau, Alchemy is the leading provider of blockchain infrastructure and developer tools. That would have been like being able to invest in the late 1970s in the TCP/IP protocol that makes the internet work. There are 1,400+ professionals named "Nikil", who use LinkedIn to exchange information, ideas, and opportunities. View the profiles of professionals named "Viswanathan," on LinkedIn. See the complete profile on LinkedIn and discover Vishnu’s connections and jobs at similar companies. Updates with Alchemy customers in fifth paragraph. Nikil Viswanathan. Viswanathan gra… Alchemy. The behind-the-scenes blockchain startup Alchemy, which powers 70% of the top applications on Ethereum, is stepping into the public eye as it opens its services to any company or developer looking for tools to build smart contract-based projects. Hundreds of people were accusing his app of … Viswanathan, 32, and Lau, 31, met at Stanford University, where they both served as teaching assistants for a database class. They have since gone on to create a firm that counts as investors Duncan Niederauer, Charles Schwab, John Hennessy, Jay-Z, Jerry Yang, Ruchi Sanghvi and Will Smith. So why is his new company, Alchemy, in the business of blockchain developer tools? ... LinkedIn, Google, Microsoft, and Pinterest. Not only does Ethereum allow for computer programs to live on a blockchain, its native cryptocurrency ether adds a digital money component to the equation that Bitcoin can’t match. “We want to be the Microsoft for blockchain,” Viswanathan said. A serial entrepreneur, he cofounded the #1 social app in the world and has been featured in international media including a New York Times Business cover story, Forbes, Business Insider, and TechCrunch. ... Google, and Linkedin. are on LinkedIn See others named Nikil . 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