Major milestone! We’ve launched Presto to Address Blockchain’s Complexity Problem

Hi Gateway community! Over the past few months we’ve been working tirelessly behind the scenes building a platform to provide instant private zk-rollups, with all the tools! This week saw the culmination of this effort – with the official launch of Presto, our groundbreaking Zero-knowledge-based Web3 platform-as-a-service that’s set to revolutionize the blockchain space!

The news was covered by a range of top Web3 news outlets such as Coinmarketcap, Crypto Daily, and The Defiant!  

We view Presto as the key to simplifying the complex implementation of Zero-knowledge roll-ups, making it easier than ever to harness the full potential of Web3 while upholding the highest standards of data privacy and security. In this blog we’ll be exploring the limitless possibilities of Presto and the new era of decentralized applications we’re ushering in.

Web3’s ‘Hey Presto’ moment

We want to drive wider adoption beyond developers, bringing entire verticals into the space, enabling Web2 enterprises to explore innovative use case solutions that are accentuated by blockchain technology. With Presto, we are packaging all the tooling needed for anyone to build in the Web3 landscape.

By abstracting away the intricate technical details, Presto allows developers and enterprises to seamlessly integrate this privacy layer into their blockchain applications without requiring deep expertise in cryptography and advanced blockchain protocols. Presto also streamlines the process of creating and maintaining blockchain networks, reducing the barriers for businesses looking to harness the potential of blockchain technology, enabling quicker adoption and implementation. By offering automated monitoring features, Presto ensures the ongoing health and performance of blockchain infrastructure, minimizing downtime and disruptions, improving overall network reliability and user experience.

Commenting on the announcement, Cuautemoc Weber, CEO and Co-founder of Gateway.fm said: “We hear a lot of rhetoric about bringing the next billion users into the Web3 space, but this will never happen while the technology remains inherently complex and broadly inaccessible. During the dot com boom in the late 90s, only expert web developers could build websites. Today, anyone can create fully functionable websites with integrated offerings such as payments, without even thinking of the underlying architecture. This is precisely the type of paradigm shift we want to usher in for the blockchain sector. We want to unlock the hidden true potential of this emerging technology – this has been part of our mission since day one.” 

Igor Mandrigin, Co-Founder and CTO of Gateway.fm added: “Today’s announcement represents the latest step in our mission to democratize access to scalable Web3 infrastructure. We believe mass adoption will be enabled by private rollups and app-chain development – and we want to be at the forefront of this movement. At Gateway.fm, we want to abstract away the complexity of managing blockchain systems – making it simple for developers and Web2 companies to engage with.”

The road ahead

The launch of Presto is firmly aligned with our mission to democratize access to scalable Web3 infrastructure. Looking ahead, we’ll be accelerating product development as we continue to shape the future of decentralized technology, through value-driven partnerships with industry leaders. 

We’re always on the lookout for partners keen to explore collaboration synergies, so don’t hesitate to reach out and connect with us via sales@gateway.fm – a member of our team will get back to you to start a dialogue!

We want to keep building on this momentum into Q4 and we look forward to sharing more updates in the near future, so stay tuned to our official Twitter account for the latest news and developments! 

Thanks for reading!