The web3 market is forecasted to scale to $80B by 2030. To reach this 16x scale from today, a redefined developer tool stack for developing and maintaining decentralized services at scale is inevitable. Engineers are already wasting 30% of their precious time to find relevant data across fragmented tools, and complexity of architecture is just starting to take off.
Blocktorch is building the observability platform for the decentralized stack. With Blocktorch engineers can access metrics, logs, and traces across blockchains in one place. In less than six months the team has launched a public alpha version running on two chains. More than 100 engineers have signed up within seven days, and partnerships with leading web3 infrastructure providers have been agreed, which will give the team access to over 150,000 potential users.