Crypto’s Cloud Moment Is Here
A new unified cloud platform promises to accelerate crypto’s app era, dramatically expanding what’s possible in decentralized finance (DeFi).
Eigencloud — backed by a $70 investment from Andreesen Horowitz — offers something novel: an Ethereum development infrastructure that makes ‘virtually anything verifiable on-chain.’ Just as AWS once unleashed SaaS and the cloud economy, Eigencloud’s arrival potentially unlocks a huge array of DeFi use cases.
By blending Web2 flexibility with Web3 verifiability, the aim is to help dApp developers get over their trust issues. The question is: can it really work and scale?
The final bridge between FinTech and DeFi?
Eigen Labs CEO Sreeram Kannan said EigenCloud “will enable the next generation of disruptive, mass-market crypto apps, closing the gap between what developers want to build on-chain and what blockchains allow them to build.”
By expanding the programmability of crypto, Kannan says Eigencloud could make “virtually anything” verifiable on-chain, opening the door to dApp opportunities like fully on-chain gaming, on-chain insurance, more powerful prediction markets, and even “verifiable” AI.
In an echo of how AWS changed the startup economy, EigenCloud aims to spur dApp innovation by allowing developers to access technical services without …
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