Web3 Development in 2023: 5 New Smart Contract Tools

Both small-scale detailed tools and major hubs for Web3 developments are growing in 2023, following an inflow of new projects.

Smart contracts are explicit instructions to the blockchain, to produce a series of transactions. Those can include NFT minting, trading, staking for a period of time, swapping tokens or moving them between networks. 

Smart contracts are one of the biggest risks, sometimes requiring detailed audits. As Web3 projects are growing much faster, the building of efficient smart contracts is in great demand. More ready-made solutions are showing up, with some taking precedence in the marketplace of Web3 tools. Play2Moon picked the best smart contract-building tools targeting Web3 developers. 

Codeslaw: Search and Compare Smart Contracts

Codeslaw is a tool curated by Alchemy, one of the top Web3 hubs for pre-made solutions. Codeslaw is a tool specifically for Solidity developers who are experienced with the Ethereum ecosystem. 

Codeslaw offers a searchable tool for integrated smart contracts on the Ethereum ecosystem. Codeslaw is specifically targeted to searching contracts that are embedded in other contracts, while also tracking token issues and current Ethereum Improvement Proposals (EIP). Codeslaw is part of the long list of Alchemy tools that turn to a specific aspect of smart contracts.

Zenland: No-Coding Decentralized Escrow

Zenland offers a ready-made solution that replaces escrow smart contracts. The Zenland tool is available for multiple chains, including Avalanche, Ethereum, Arbitrum, BNBChain, Polygon and Optimism. 

Zenland is a tool for all apps that accept payments and require a safe escrow mechanism. Each separate project does not need to create new smart contracts for holding funds, making the Web3 onboarding safer. Zenland offers pre-made smart contracts based on project specifications.

The Chainlink toolset is one of the go-to hubs for Web3 developers. ChainLink only recently released its multi-chain tool for Web3 apps, hoping to onboard developers. ChainLink is one of the biggest providers of blockchain tools, starting with its oracle and random number services. ChainLink has already partnered with multiple existing Web3 games, and now aims to onboard new apps. 

ChainLink is the go-to hub for building special smart contracts that have connections to events outside the blockchain. ChainLink offers SDK and tools to create a form of hybrid smart contract, which takes external events and computations and automates on-chain transactions. ChainLink smart contracts are often used in DeFi, where data about price action are key. ChainLink also offers price feeds for internal game NFT marketplaces.

Ignitions: Curated Smart Contract Solutions

Ignitions is a tiered paid ecosystem for Web3 onboarding, offering a faster app deployment. Ignitions aim to add a direct package of NFT, in-game items, and other blockchain digital features, after a discussion with each individual project. 

Ignitions is a newly created hub for Web3 onboarding, with paid curated packages to add the latest Web3 tools. Part of the Ignitions package includes Web3 microservices to link Web2 accounts. Ignitions does not target independent developers directly but offers ready-made solutions and consultations to teams.

Tenderly: Leading Ethereum Development Platform

Tenderly is one of the platforms offering a Web3 gateway and tools for developers to test the capabilities of Ethereum. Tenderly also has a dedicated smart contract debugger, targeting more experienced teams that want to build their smart contracts from scratch. 

Tenderly offers an in-depth look with tools to estimate gas fees for all contract functions. The Tenderly environment also has smart contract simulator to test transactions and their effects before sending them on the mainnet. 

With the detailed tools, Web3 developers can test out flaws and scenarios, with gathered historical data from the blockchain. Tenderly also has built-in alerts for live smart contracts, to track on-chain data and unusual events.

Smart contracts often launch only after detailed audits, and Tenderly tools offer war-room scenario testing to prevent hacks and exploits. 
There is still no unified standard for the creation of smart contracts, though in 2023, more platforms are consolidating existing tools.

Smart contracts now exist on multiple blockchains, utilizing not only Solidity, but also JavaScript, Rust, Python, and C#. More tools are appearing in 2023, while also building communities and offering free or paid help to teams.

Web3 is now beyond the stage of speculative trading, and projects with completed products are trying to offer quality end-user experiences and seamless ownership. Even without the hype for tokens and NFT, Web3 building keeps showing signs of growth and evolution into new forms of collectible ownership and stake in the game through DAO voting.

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