Encode Club Raises $5M for Web3 Developer Training

Encode Club Raises $5M for Web3 Developer Training


There are many encoding boot fields for the Web2 suite: Hack Reactor, Fullstack, and General Assembly, to name a few.

In Web3– a general term for the Internet based on blockchain – is Encode Club, which has just raised $ 5 million in a round led by Galaxy Digital and Lemniscap. Funding will help further develop Encode’s Web3 bootcamps, hackatons, and acceleration programs.

Dragonfly VenturesFolius Ventures, not3lau Capital and Ascensive Assets also participated in the financing round, along with angel investors such as Gnosis co-founder Stefan George, 1 inchby Anton Bukov and SolBigBrain.

Blockchain web development is different from traditional software engineering, in part because of the different programming languages ​​used.

For example, Ethereum developers work Soliditya language for Ethereum smart contractswhile Solana developers write in Rust, a language that is also used for non-blockchain applications by companies such as Microsoft, Google and Amazon. In contrast, Javascript and Python are among the most popular Web2 encoding languages.

That’s why it’s not exactly easy for a developer to switch to Web3 overnight. Encode Club CEO Anthony Beamont believes there is a high demand for Web3 developers, but the lack of skilled talent is a big issue.

“As we look to the future of Web3, we clearly need hundreds and thousands more developers around the world, and Encode Club is ready to help,” Beaumont said in a statement.

Encode has a variety of different Web3 encoding boot fields for different blockchains such as Ethereum, Solana, Allaui Algorand. Their eight-week programs are competitive but free for those selected. Like traditional coding bootcamps, Encode helps participants find work after completing it.

According to the Encode website, applicants who already know another programming language such as Javascript are more likely to be accepted.

In addition to its bootcamp offerings, Encode also runs 10-week hackathons for various blockchains and Web3 products; there are hackathons for Tezos i Polygonas well as for NFT i DAOs.

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