Patchwork, a startup aimed at simplifying blockchain and smart contract development founded by former Coinbase employees, has released the next version of its low-to-no-code tools for building decentralized applications (dapps) .
Currently paired with Coinbase’s popular Ethereum layer-2 network Base and backed by Coinbase Ventures, the ‘Create-Patchwork’ approach lowers the barriers to building blockchain applications and connecting data to them.
Following the trend towards easily generated content, the complex world of blockchains and smart contract design is moving towards no-code applications, or a ‘text-to-app’ experience.
Create-Patchwork is the first of several features the team plans to roll out in early 2025 and a foundational step in enabling makers to generate contracts and applications in seconds using natural language input.
“Patchwork is an Ethereum protocol that makes it very easy to build dynamic on-chain applications,” co-founder Kevin Day said in an interview. “It lets on-chain things own other on-chain things, and it allows anyone to attach programmable data to on-chain things.”
User-friendly examples of Patchwork’s data modeling include things like tying on-chain ownership to valuable game items like weapons, or adding a flag that a particular smart contract has been checked, or perhaps a reputation score to indicate whether anything has ever been hacked. , Dag said.
Before founding Patchwork, Day was part of the team that built Paradex, a decentralized exchange crossed with a central limit order book familiar to traditional traders and which was acquired by Coinbase in early 2018. Day and company eventually worked on Coinbase’s core exchange. , but decided to leave after about four years.
“We always had the itch to get back into the real Web3 development space, so we decided to get the band back together,” he said.