Patchwork, a startup focused on simplifying blockchain and smart contract development founded by former Coinbase employees, has released the next version of its tools with little to no code for creating decentralized applications (dapps).
Currently tied to Coinbase’s popular Layer 2 Ethereum network, Base, and backed by the Base Ecosystem Fund, the “Create-Patchwork” picks-and-shovels approach lowers the barriers to creating blockchain applications and attaching data to them.
Following the trend toward easily generated content, the complex world of blockchain and smart contract design is on the way toward no-code applications or “text-to-app” experience.
Create-Patchwork is the first of several features the team plans to roll out in early 2025 and a critical step in enabling creators to generate contracts and applications in seconds using natural language input.
“Patchwork is an Ethereum protocol that makes it really easy to build dynamic on-chain applications,” co-founder Kevin Day said in an interview. “It allows things on the chain to own other things on the chain and allows anyone to attach programmable data to things on the chain.”
Easy-to-use examples of Patchwork data modeling include things like linking chain ownership to valuable in-game items such as weapons, or attaching a marker that a particular smart contract has been audited, or perhaps a reputation score for indicate if something has ever been hacked. , said the day.
Before creating Patchwork, Day was part of the team that built Paradex, a decentralized exchange with a central limit order book familiar to traditional traders, which was acquired by Coinbase in early 2018. Day and the company ended up working on the Coinbase main exchange. , but decided to leave after about four years.
“We were always keen to get back into the real Web3 development space, so we decided to get the band back together,” he said.
