Owl Protocol offers an API‑first platform that lets developers add EVM blockchain functionality to web2 applications without handling private keys, gas fees, or crypto. It provides REST APIs, SDKs, Zapier integrations, and a smart‑wallet dashboard for creating on‑chain digital items, user wallets via email/social login, and automated payments, monetizing through usage‑based API fees.
Funding
Funding not disclosed
Founders
Product
Problem
Building on EVM blockchains often requires developers to manage complex cryptographic keys and handle transaction fees, creating friction and hindering adoption, especially for businesses unfamiliar with Web3 concepts. Integrating blockchain functionalities into existing applications can be cumbersome, requiring specialized expertise and significant development effort.
Solution
Owl Protocol offers a keyless, gasless API that simplifies the integration of Web3 functionalities into any application. By abstracting away the complexities of blockchain, developers can create and manage smart contracts without needing to manage private keys or cryptocurrencies. The platform provides an API-first experience, enabling developers to build on any EVM-compatible blockchain with just an API key. Owl Protocol also offers a smart wallet solution that allows users to onboard with just an email, creating a Web2-native user experience.
Target Audience
Owl Protocol targets Web2 businesses looking to integrate Web3 features into their existing platforms, as well as Web3 developers seeking to simplify the development process and improve user onboarding.
Features
- REST API for interacting with EVM blockchains without managing private keys or gas fees
- Smart wallet creation with email-based onboarding and social logins
- Support for deploying dynamic digital items with real-time data synchronization
- Integration with Zapier for automating on-chain data synchronization
- Admin dashboard for managing smart contracts
- Open-source smart contracts with no vendor lock-in
- Support for Layer 2 blockchains for faster transaction speeds
- Typescript SDKs and libraries for common Web3 functionalities