News
July 5, 2024

Matchain Mid-Year Report 2024

Hey everyone! The first half of 2024 has been a dynamic and transformative period for Matchain. We’ve attended key industry events, executed a major technical migration to the BNB Chain, and seen significant growth in our community and partnerships — thanks to our Match Quest Program. Our journey has been marked by innovation, strategic decisions, and new milestones that set the stage for future success. This report highlights our key activities and achievements, offering a glimpse into the vibrant ecosystem we are building and our exciting plans for the remainder of the year.

1. Highlight of The Main Events We’ve Attended.

We showcased our project at several prestigious events:

https://x.com/CESS_Storage/status/1771847710444056797

https://x.com/GainVentures/status/1772281856638992530

https://x.com/matchain_io/status/1771576716244255218

  • Dubai Token 2049

https://x.com/matchain_io/status/1785666560436138416

https://x.com/matchain_io/status/1784220521233555935

https://x.com/matchain_io/status/1780962585837511118

https://x.com/matchain_io/status/1800991668767748298

https://x.com/matchain_io/status/1800608163923968291

https://x.com/matchain_io/status/1800956760506958081

Matchain Sets (R)Evolution for Web3 Innovations at NFT Paris

These events provided invaluable opportunities to present our vision to a broad audience of web3 enthusiasts, influencers, and investors, strengthening our network and expanding our reach within the blockchain community.

3. Our New Addition To The Team

Tomasz Wojewoda, the 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 Tomasz’s leadership, we have seen significant growth with our initiatives, demonstrating the effectiveness of his strategic direction in a very short period of time.

4. Technical Update

We made a significant strategic move by migrating from the Cosmos ecosystem to become an L2 on the BNB Chain using the Optimism Stack. This transition positions us as the first AI-focused Layer 2 rollup on BNB Chain, enhancing our ability to secure and scale AI applications with decentralized identity and data sovereignty.

The BNB ecosystem, with its extensive project portfolio and liquidity, offers tremendous growth and integration opportunities. Utilizing OpBNB solutions ensures our Layer 2 rollup achieves high scalability and efficiency, providing fast and cost-effective transactions for AI applications.

5. MatchID

  • Ownership of your data
  • Universal Sign in ability
  • 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 consensual identity aggregator. These features lower entry barriers for Web2 users transitioning to Web3, provide robust asset management tools, and enable precise user data analysis for project teams all without the compromise of data and identity sovereignty.

6. Match Hub

We have established numerous new partnerships that will be building on our platform and utilizing our MatchID SDK. This has allowed us to expand Match Hub and grow our developer community, all gearing up for our mainnet launch.

Visit the Match Hub and take a look around!

7. Match Quest Success

Our recently launched Telegram bot, @MatchQuestBot , has seen exponential growth, significantly boosting our social presence. Match Quest allows early supporters to contribute to the community and earn MP (Match Points) through authentic engagements.

With new tasks, features, games, and partnerships continuously being added, Match Quest keeps our community engaged and active.

Match Quest Key Milestones:

  • Users: 2 Million Active Users
  • Daily Active Users: 800k+

8. Key Partnerships We’ve Made

We have established strategic partnerships with several key players who align with our vision and product offerings. While some partnerships remain confidential, the following have been publicly announced:

  1. Token Relations: Our Partner for community and investor relations, founded by two of the most credible voices in the space, @jacqmelinek and @APompliano
  2. Valicit: A marketplace for verified primary & secondary tickets.
  3. ClutchPlay: Matchain’s AI native project: Build, own and trade AI generated content (AIGC) using Clutch protocol.
  4. Blubird App: Web2 & Web3 startup management solution for project founders
  5. Digibuy: blockchain-powered shopping & reward based ecosystem.

These partnerships are crucial to our ecosystem’s success, providing collaborative opportunities that drive innovation and growth.

9. What’s in the Pipeline?

As we approach the end of our testnet phase, we are preparing to deploy our incentivized mainnet. This significant milestone will enable us to scale our operations and offer our platform for public use. The mainnet deployment will strengthen our position in the blockchain space and open the floodgates for both Web2 and Web3 users, capitalizing on our efforts from the past years. This milestone will invite developers and users to build and interact with our ecosystem.

Matchain By The Numbers: ( As of 7/3/2024)

Want to dive deeper into the Matchain ecosystem?

  • Submit your project to become part of the Match Hub
  • Earn Match Points by completing tasks via MatchQuest

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Matchain is a decentralized AI blockchain designed to secure and scale AI applications while prioritizing decentralized identity (DID) and data sovereignty.