Injective adds to the Web3 builder toolset by offering a new L1 scalable solution. The Injective toolset is specifically tailored to building financial apps, DeFi, and GameFi. Injective is one of the older blockchain startups, with a launch back in 2018.
Injective now aims to achieve inter-operable apps through partnerships. One of the recent connections is with Wormhole, one of the top producers of bridge smart contracts and inter-chain connections.
Injective’s goals aim for inter-operable apps, as well as connecting DeFi ecosystems.
Injective Takes Community-First Approach
Injective already builds its main products through its community, by drawing in app builders, as well as node operators.
Developers have one of the top roles in the community, and Injective provides them with detailed documentation. Through the tools, developers can build scalable apps with low fees on the Injective blockchain, and business-grade scalability.
Injective also organizes hackathons and showcases its top apps and connections. Injective offers a significant prize pool valued at up to $1M, as well as grants and support for the best projects.
Injective also offers learning resources, from basic wallet creation to the building of a DEX or other DeFi apps. Developers can also access Typescript, as well as Python and Go SDK, or other code modules for governance, nodes and other projcesses. Injective is targeted to advanced developers, offering to add speed to the process.
Developers can create apps that can easily access the most widely used wallets, bridges, as well as partner apps. Injective uses the Cosmos ecosystem, offering a fast, reliable smart contract layer. Apps built on Injective can also access liquidity pools, giving the apps immediate value.
Injective also has modules specifically built for DeFi, to perform trading, lending, staking and saving and more. Injective hosts projects building DEX, crypto lending, insurance, options and derivative trading. Injective hosts apps like the Helix decentralized exchange, as well as the Frontrunner predictions hub. The Web3 tools still do not target game building directly, but they offer trading and liquidity components for GameFi.