Ask Me Anything (AMA) with the LayerX Team - May 2024

Welcome to our AMA article, where we get to answer all the burning questions you’ve thrown our way about LayerX, Bepro, and TAIKAI.

Our team has been busy and we're excited to share some insights and updates with you. From new partnerships and platform developments to future plans and feature releases, we’ve got a lot to cover.

So, let’s jump into the questions and see what the team has to say!

LayerX

Q: Regarding the recent partnership announcements with Starkware, MultiversX, and others, are these partnerships focused solely on hackathons?

Henrique Silva: Yes, but our goal is to be able to expose our clients to both products in the long term.

Q: What significant news can we expect in the near future for both Bepro and TAIKAI?

Carlos Mendes: We just announced the upcoming Point System for both Bepro and TAIKAI 🔥 In case you missed the news, Points is a new gamification system to reward you for your participation and achievements within the LayerX ecosystem. By completing various Quests at TAIKAI and Bepro, you can earn Points, which will then be swapped for awesome prizes and exclusive offers. It’s launching very soon, so stay tuned 😉

TAIKAI

Q: How is the testing for TAIKAI Garden progressing (if it has already begun), and what feedback have you received from the testers so far?

Hélder Vasconcelos: We have been actively developing the Garden base features and integrations with our platforms during the first and second quarters of the year. Our testing with external users has not started yet, but we’re gearing up for it and will have some exciting news to share soon.

Q: When do you expect to release the first features of TAIKAI Garden publicly?

Henrique Macedo: In fact, we have already developed several key Garden features. Some features, such as the project feed, comments, likes, and the ability to follow users and projects, coexist between TAIKAI and Garden, which we have been working on in the past few weeks. The Garden project was developed from scratch, incorporating a completely new design system created by our design team, featuring an entirely different UI and new components. We are currently testing all these features internally and are developing the final piece of the puzzle. This will allow users to create a seed project on the Garden side or bring a project from a hackathon to the Garden. This marks a significant milestone as we prepare to onboard beta testers. Their involvement will be crucial as we validate and build the next phase of TAIKAI.

Q: What feedback did you receive from the Aptos team about the Aptos Random Hack?

Henrique Silva: It was their first hackathon with us, so it was largely about testing the platform and trying out different strategies. They were very pleased with the number of participants and impressed by the quality of the projects submitted. This is exciting news because they have an annual plan with us, so we’re looking forward to hosting even more hackathons with them in the future.

Bepro

Q: Are there any significant partnership announcements expected for Bepro that could boost the adoption of the product?

Henrique Silva: We are collaborating with a very reputable agency that works with some of the biggest names in our industry. Together, we're exploring the best technical approaches for Bepro. We've been making significant progress, and we expect to be able to bring some exciting announcements soon.

Q: Do you consider TAIKAI Garden essential for the success of Bepro, or do you have a separate plan for Bepro to thrive independently of TAIKAI?

Hélder Vasconcelos: The Garden can certainly be a valuable asset for Bepro, providing a great source of tasks and opportunities for collaboration. Projects on TAIKAI Garden can outsource work to Bepro, allowing their teams to focus on business priorities, which is especially useful for early-stage companies with limited budgets. However, Bepro is designed to thrive independently as well. We work on separate strategies and plans to ensure Bepro's independent growth.

Q: Based on your observations, do you believe that Bepro has the potential to achieve adoption and success in the current market, or do you think it might be too early for this type of product?

Mário Alves: Building innovative products comes with a cost, which in this case is finding the right timing. Although we strongly believe the product is amazing and has a tremendous amount of utility, we can’t predict when it will reach mass adoption. What I can say, with confidence, is that we’re working hard to make it happen sooner than later, finding new paths like market research and new organizations that might be keen to use Bepro in their daily activities.

Q: How’s the Bepro development roadmap coming along? What is the team focusing on in Q2?

João Gonçalves (moshmage): The Bepro roadmap is coming along nicely, having introduced notifications and multiple-wallet support through rainbow-kit, along with the much-needed smoke testing via playwright. The second quarter will shift our focus to bettering the public profile and the marketplace admin panel, a new metrics page, and finally integrations with TAIKAI profiles so users can easily hop between platforms.

Q: Would there be any tier one listings for Bepro? Would there be a chance for that this year? I know you can't say but we need something.

Mário Alves: Providing top-tier liquidity options for our users is definitely a priority, especially at this point when we believe that the bull market is coming in. However, reaching the top-tier exchanges is a fierce task that keeps becoming harder and harder in each cycle. Most exchanges are now looking for projects that are still in pre-listing phase, which makes it even harder. Still, we’re not giving up and we're confident that our team and our community support will help us reach the best exchanges out there, and that we will be able to onboard them as partners.

Q: Probably asked a lot but what are the marketing plans for Bepro?

Carlos Mendes: We’re sticking to the Marketing Plan we shared earlier this year for Bepro. Our main goal is to get projects and businesses to launch tasks on Bepro. When a product is in its early stages, such as Bepro, traditional marketing strategies can be expensive and slow to show results. So, we’re taking a different approach – attending web3 events, applying for grants, fostering partnerships, and more. The feedback from builders has been fantastic, and we’ve grown our number of Protocol Members to over 500 in a short span of time, so our focus now is on driving business adoption.

That's all, folks!

Thank you to everyone who submitted their questions for this AMA. We appreciate your engagement and enthusiasm for LayerX, Bepro, and TAIKAI.

We hope our answers have given you a better insight into our plans and developments. We’re incredibly excited about what the next few months hold and look forward to sharing more updates and news with you soon.

Stay tuned and keep the great questions coming!