NEW YORK, November 9, 2021 - Infura, a Consensys product that provides the world’s leading suite of blockchain developer tools, announced today that its user base has increased by 250%, from 100,000 to 350,000 developers in less than a year.
The Infura platform offers API services to quickly connect to Ethereum and other networks such as IPFS, Arbitrum, Polygon, and Optimism, making it easier for Web3 developers to build applications and Web2 developers to join the blockchain ecosystem. When developers build with Infura and Consensys developer products, they can do everything from creating a smart contract with Truffle, ensure the security of their application with Diligence, and seamlessly integrate the world's leading Web3 wallet with MetaMask. Consensys products offering is constantly evolving to make sure it addresses developers’ needs.
Infura’s growth aligns with the rising number of dapps being built on Ethereum, which increased by 10% between September 2020 and 2021. 13% of Infura’s network requests are now on Layer 2 networks, indicating an increasing demand for Ethereum scaling solutions.
“Since Day 1, Infura has strived to make building applications on Web3 accessible to everyone. We aim to help people change the world and we don’t want their tools getting in the way of their creativity. This explosion of developers shows a demand to innovate and we are going to see applications we never even dreamed of. Infura is honored to help developers on their journey,” said Michael Godsey, general manager and head of product at Infura.
Web3 Innovation Powered by Infura
Infura provides the critical infrastructure behind leading DeFi players like Uniswap, MakerDAO, Zapper, MetaMask, and sustainable Layer 2 networks such as Palm, which have launched NFT projects from Damien Hirst, HENI, Art Blocks, Sorare, and Async Art. While amassing more than 350,000 developers, Infura also saw a rise of creative use cases being built on Ethereum that are disrupting other traditional industries.
Web3 projects using Infura are from industries as diverse as the metaverse, energy, social media, and law. This includes Decentraland, the first decentralized virtual world, decentralized energy solution provider, The Energy Web Foundation, Mask Network, a dapp that allows users to decrypt messages on Facebook and Twitter, and Kleros, an arbitration protocol for Web3.
“Energy Web uses Infura to power the RPC nodes of the Energy Web Chain (EWC) to ETH bridge. The almost 2,000 users of the bridge rely on the RPC nodes to work in order to facilitate the flow of tokens. Infura has provided stellar service reliability,” said Micha Roon, Chief Innovation Officer of Energy Web Foundation.
“Decentraland is a virtual social world created, owned, and governed by its users. This is the very definition of the Metaverse – a shared virtual ecosystem driven by community. Infura has powered the platform's backend since day one with critical infrastructure that's helped it scale," said Adam de Cata, Head Of Partnerships at Decentraland Foundation.
“Kleros is creating a justice system for the Metaverse. Infura is a key partner to move smoothly and swiftly so we can build this future,” Federico Ast, Founder of Kleros.
Building developer tools, experiences, and education to build Web3
Infura is the dedicated partner developers can count on and recently released new product features such as a more intuitive dashboard, operational analytics and API usage notifications to ensure their applications are exactly what developers need to bring Web3 to the world. Last September, Infura also announced the public release of Infura Transactions (ITX) to ensure transactions on Ethereum go through smoothly and quickly at the best prices.
To continue to support developers on their journey to Web3, Infura, together with the Consensys Academy, is developing a global blockchain ecosystem by bridging the Ethereum knowledge gap and has become a beacon for Ethereum education. Diversity is among its main objectives, ensuring through a grant program that there is a diverse pool of Web2 developers that join the Ethereum ecosystem.
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About Consensys
Consensys is the leading Ethereum software company. We enable developers, enterprises, and people worldwide to build next-generation applications, launch modern financial infrastructure, and access the decentralized web. Our product suite, composed of Infura, Quorum, Codefi, MetaMask, Truffle, Diligence and our NFT platform, serves millions of users, supports billions of blockchain-based queries for our clients, and has handled billions of dollars in digital assets. Ethereum is the largest programmable blockchain in the world, leading in business adoption, developer community, and DeFi activity. On this trusted, open source foundation, we are building the digital economy of tomorrow. To explore our products and solutions, visit https://consensys.io.