Nikil and Co-Founder Joe Lau realized that the software to build out and design for scale in the Blockchain space was not developed in a seamless way similar to development of traditional web internet applications. They set out to solve this problem and launched Alchemy, which has become the industry's most loved tool to develop for Web3!Nikil and Joe previously took an idea for a social app to a top downloaded app on the app store, and learned a lot about how to gain users and provide continuous value to them. Building on that foundation, he smartly positioned Alchemy within the industry discourse by solving a significant problem and has last publicly raised at a $10.2B valuation. In this episode, Nikil talks about his journey building Alchemy, how they have made Web3 building better, and the potential of Alchemy in its next phase of growth!