The first half of 2024 has been a dynamic and transformative period for Matchain. We have participated in key industry events, made a major technical migration to the BNB chain, and seen our community and partnerships grow significantly, thanks to our Match Quest program. Our journey has been marked by innovation, strategic decisions, and new milestones that have laid the foundation for future success. This report highlights our key activities and achievements, giving us a glimpse into the vibrant ecosystem we are building and our exciting plans for the rest of the year.
1. Highlights of the major events we attended.
We have presented our projects at several prestigious events:
- Dubai Token 2049
Paris Conference
Matchain Sets Up (R)Evolution for Web3 Innovation in NFT Paris
These events provide valuable opportunities to showcase our vision to a wide audience of web3 enthusiasts, influencers, and investors, thereby strengthening our network and expanding our influence in the blockchain community.
3. New members of our team
Tomasz Wojewoda, former Head of Growth at BNB Chain, has joined Matchain as Chief Strategy Officer . He has been leading our new strategic initiatives, including Match Quest, and has played a crucial role in shaping our technology stack.
Under Thomas’ leadership, our initiatives have achieved significant growth, demonstrating the effectiveness of his strategic direction in a very short period of time.
4. Technology Updates
We made a major strategic move to migrate from the Cosmos ecosystem to L2 on the BNB chain using the Optimism Stack. This shift makes us the first AI-centric layer 2 rollup on the BNB chain, enhancing our ability to secure and scale AI applications through decentralized identity and data sovereignty.
The BNB ecosystem has a broad portfolio of projects and liquidity, providing tremendous opportunities for growth and integration. Leveraging the OpBNB solution ensures high scalability and efficiency for our layer 2 rollups, providing fast and cost-effective transactions for AI applications.
5. Match ID
- Ownership of your data
- Universal login function
- Data Monetization
MatchID's innovative solutions include abstract account wallets, multi-path proof-of-humanity (POH) options, and a comprehensive user data graph system to provide a chain-agnostic consensus identity aggregator. These features lower the entry barrier for Web2 users to transition to Web3, provide powerful asset management tools, and provide project teams with precise user data analysis, all without compromising data and identity sovereignty.
6. Competition Center
We have already established a number of new partnerships that will build on our platform and leverage our MatchID SDK. This allows us to scale Match Hub and grow our developer community, all in preparation for our mainnet launch.
Visit the Match Center and take a look around!
7. Match Marketing
Our recently launched Telegram bot @MatchQuestBot has seen exponential growth and significantly increased our social presence. Match Quest allows early supporters to contribute to the community and earn MP (Match Points) through real-world participation.
Match Quest keeps our community active as new quests, features, games, and partners are constantly added.
Key milestones of the competition mission:
- Users: 2 million active users
- Daily active users: 800,000+
8. Important partnerships we have established
We have strategic partnerships with several key players that align with our vision and product. While some partnerships remain confidential, the following have been publicly announced:
- Token Relations : Our community and investor relations partner, founded by two of the most credible voices in the space, @jacqmelinek and @APompliano
- Valicit : A marketplace for verified major and minor tickets.
- ClutchPlay : Matchain's AI-native project: build, own and trade AI-generated content (AIGC) using the Clutch protocol.
- Blubird App: Web2 and Web3 startup management solutions for project founders
- Digibuy: A blockchain-based shopping and rewards ecosystem.
These partnerships are critical to the success of our ecosystem, providing collaborative opportunities that drive innovation and growth.
9. What’s brewing?
As our testnet phase draws to a close, we are preparing to deploy our incentivized mainnet. This important milestone will allow us to scale our operations and make our platform available for public use. Mainnet deployment will solidify our position in the blockchain space and leverage our efforts over the past few years, opening the door to Web2 and Web3 users. This milestone will invite developers and users to build and interact with our ecosystem.
Matchain data: (as of July 3, 2024)
- Network daily transaction volume : 390.91K
- Total number of independent wallets : 5.365M
- Total DIDs created : 953.1K
- Matchain Fam Telegram subscribers : 930,000
Original link: https://medium.com/@MATCHAIN/matchain-mid-year-report-2024-7d9dfae574ee
