LayerX Monthly Report - February 2023

After the incredible ending of January announcing the partnership with Polygon to build their own bounty network, February continues with exciting news for us. We achieved a couple of the most important milestones this year: TAIKAI’s v3 and LayerX release!

Let's dive into the highlights of the month:

TAIKAI Labs rebranded to LayerX

To better reflect our vision and mission of driving innovation and advancing the web3 ecosystem, we've decided to rebrand TAIKAI Labs to LayerX.

The goal of this rebrand is to provide clarity and simplicity for our clients and stakeholders and to maintain our focus on delivering specific added value for each of our targets. 

Take a look at the full announcement on our new website!

TAIKAI v3 is live!

Our blockchain-powered hackathon platform just got even better! We’ve added new key features to transitioning into web3 effortlessly. Here’s everything you need to know about our platform’s v3 release:

Launching on Polygon

We’ve migrated TAIKAI dapp to Polygon’s Proof-of-Stake (POS) blockchain which brings several advantages such as scalability, lower costs, improved security and interoperability.

Proof of Participation NFT

The PoP will be a certificate used to verify an individual's accomplishments in a hackathon event. The NFT will also be available to users from past challenges.

This new version also includes other features: sign in with Ethereum, new voting systems, and a new platform design.

Here’s a deeper look into all the new features

Proof of Participation: new feature explained!

As we said previously, one of the key features we implemented in TAIKAI's v3 was Proof of Participation, or PoP for short.

In its essence, a PoP works like a digital certification badge, awarded to individuals who have participated in a hackathon event. 
We are also allowing participants to mint NFTs from past hackathons through our Retroactive Minting feature!

Let's go over PoP, how it works, and how users and organizations can benefit from it!

Cartesi Hackathon has launched!

Do you have an idea for an app that could transform our daily lives? An idea with immense potential impact? Something that’s never been done before? Bring it to life and #BUIDLwithCartesi in their global online hackathon released on TAIKAI!

💰 $15,000 USD Prize Pool
🌐 Worldwide open registration
🗓️ March 25 - April 29, 2023

Join now!

The 2023 Ethereum Hackathon’s strategy is in action!

During February, we announced that TAIKAI has partnered to be the official platform for two upcoming hackathons: ETHDublin and ETHTaipei. This is a significant step forward in our efforts to support and encourage innovation within the Ethereum ecosystem.

We’re confident that TAIKAI's platform will provide participants with the ideal environment to unleash their creativity and develop amazing solutions. We look forward to see what innovative projects will emerge from these hackathons

Stay tuned on Twitter for more news!

New episode of Bepro Talks with Celo Foundation!

In the last episode of the Bepro Talks, Nikhil Raghuveera, Head of Strategy and Innovation from Celo, joined Rodrigo Nogueira, our Head of Marketing & Growth, and Hélder Vasconcelos, our Co-Founder, and CTO, to discuss the main challenges of the Celo Ecosystem, development, and decentralization initiatives.

The talk is now available on Spotify and Apple Podcasts

Our team was present at ETHDenver!

We had a great time at Ethereum Denver networking with web3 enthusiasts and exploring potential collaborations. Our Head of Business Development and Social Media Manager represented our company, attending various talks and showcasing our products to attendees.

Take a look at our two video recaps from #BUIDLWeek and the Main Event at Spork Castle!

We have announced 3 new team members!

We’ve expanded our team to enhance our products and community. As a part of this effort, we have brought on board Diogo Tavares as our new Community Manager, Miguel Teixeira as our Community Intern, and Carolina Reis as our Product Designer. 

With their expertise and skills, we are confident that they will contribute significantly to our mission of creating innovative products and fostering an engaged and vibrant community. 
We are excited to welcome them to the team and look forward to the great things we will achieve together!

What’s coming?

We have some exciting news in the works, including new partnerships, collaborations, and product improvements! Additionally, we're super excited about ETHPorto and we can't wait to see our community come together and engage in this event. 

Stay tuned for more updates and be ready to be a part of our amazing year!