Basement raises $750k to make web3 accessible to more builders, from artist to developer

Building decentralised applications is hard, the existing tools out there are not optimised for building performant and realtime applications. Builders spend more time on developing indexers and contracts than they spend on building a great experience, Basement is building a way to speed them up while delivering a great experience.

We are thrilled to announce we raised a $750k pre-seed round to make building on Web3 accessible to everyone, from artists to developers. Joining us is an incredible group of investors and founders: Capital T, Connect Ventures, NP-Hard Ventures, Nalden (WeTransfer, Adelee), Robert Gaal (Karma, Google, Quest), Kevin Kalle (Awkward, Adelee), Mills (UsTwo), and James Haycock (Adaptive Lab).

While building our own social NFT app in private beta earlier this year, the team has experienced the pains of building on decentralized protocols first-hand. To give ourselves full creative freedom we had to roll our own custom indexers and Ethereum infrastructure.

Over the past few months we have met many founders and builders struggling with the same issues as we did, wasting engineering hours on infrastructure to build performant and reliable applications. We are now making our indexing toolkit available to everyone, bringing a powerful yet easy-to-use development environment to the new Internet.

With this toolkit we are lowering the bar to experiment and build in this exciting new space, onboarding the next 1 billion users. Our goal is to move web3 forward by making the space more accessible to all, creating tools that are easy to use for everyone, not just seasoned engineers.

We are opening up the first prototype of our free Ethereum API to developers. Powered by our custom indexer, everyone can query metadata from NFTs and their owners at lightning speed, with just the data you need. In the coming months we will expand our team and product with marketplace data and support for other chains such as Solana and Polygon.

Get started building

Get early access and meet other builders.

We’re super grateful for all the support and love we got over the past months, and can’t wait to embark on this journey with y’all, so every builder can hit the ground running with even less code required.

Come build with us!

The team has years of experience building creator products for companies like Sketch and WeTransfer. Stijn is a seasoned product designer, Nick is an engineer who has built realtime infrastructure for multiple startups. We are building a team of builders, but more importantly a safe space where we can experiment, build, ship and fail fast.

We’re looking for software engineers to help us out, processing millions of transactions a day through a carefully orchestrated web of pub-sub topics and indexers and getting them to the user in milliseconds with many optimizations on the way. Does this sound exciting? Shoot us a message!

Software Engineer ($80k-$120k)

Press Kit

Contact: nick @ basementapp.xyz
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