Match Chain Weekly Digest

Hello again, Match community. It’s newsletter time! This second week of May brought exciting partnerships, informative AMAs, and more. Here are the key highlights to get you all caught up.

May began with excitement and growth 

We proudly announced our strategic partnership with Valicit this week, redefining the digital ticketing experience. With Valicit’s advanced verification tech and Match ID powering a smooth ticket and buyer verification system behind the scenes, both blockchain veterans and newcomers can enjoy seamless ticket management. 

 Here are a few key takeaways from the partnership:

Demand: With Match Chain, Valicit can access Web3’s growing demand for an accessible blockchain ticketing solution

Security: Using our DID technology, Valicit can combat fraud and ensure security

Privacy: User’s privacy will be guaranteed through additional layers of protection provided by Match Chain

Together, Valicit and Match Chain are creating a more equitable environment for fans and event holders. By integrating Valicit's advanced verification tech and Match ID's streamlined verification system, ticket authenticity and user protection are greatly enhanced.

Valicit AMA: Key Insights on Web3 Ticketing and Digital IDs

To make it official, our recent AMA brought together MJ, COO of Valicit, and Jessie Xiao from Match Chain for an insightful discussion on how Web3 ticketing and digital IDs are transforming the industry. Hosted by Match Chain CMO, Anastasia Drinevakaya, the conversation was lively and informative.

MJ shared the story behind Valicit's origins and its mission to leverage blockchain's transparency and security for NFT ticketing. With blockchain technology, Valicit ensures transparent distribution of royalties and commissions while combating ticket scalping and regulating secondary market prices. This approach guarantees fair compensation for artists, venues, and organizations and provides a strong use case for moving from Web2 to Web3.

The Match Chain team highlighted how their Decentralized Identity (DID) solution provides seamless onboarding by automatically creating a wallet or linking multiple wallets to a single digital ID, making it ideal for builders like Valicit. This universal passport allows simple sign-in with Web2 credentials such as Gmail or social media, empowering Web3 newcomers and simplifying ticket management.

To hear more about how our partnership expands the consumer base and bridges Web2 traffic into Web3, enabling users to effortlessly engage with blockchain-based products while enhancing privacy and security, check out the full AMA. 

The InBetweeners Are Coming to Match

We're excited to partner with InBetweenersNFT to deliver a unique identity system leveraging Match ID's Soulbound tokens. The InBetweeners is a groundbreaking collection of 10,777 NFTs on the Ethereum blockchain, collaborating with global icons like Justin Bieber, Adidas, Dolce & Gabbana, and Juventus to revolutionize Web3 luxury fashion. 

The collection, brought to life by renowned artist Gianpiero, blends distinctive creativity with exclusivity, offering holders access to exclusive events and IP licensing opportunities. Together, we'll create the InBetweeners ID to provide secure access to Match Hub while empowering users with personalized Web3 experiences. This collaboration will put InBetweenersNFT and Match Chain at the forefront of Web3 luxury fashion, combining cutting-edge technology with high-end creativity.

Match Chain Ecosystem Highlights

The Match Chain ecosystem is thriving, reaching significant milestones and demonstrating the strength of our network. We've surpassed 930,000 Soulbound Tokens (SBTs), a reflection of the trust and engagement within our community. Our network has also grown to over 7 million wallet addresses, while daily transactions have reached a remarkable 638,000.

This impressive engagement showcases the involvement of developers, innovators, and early adopters who rely on Match Chain. The expanding network is a clear indicator that we're poised to support a wide range of applications and use cases worldwide.Visit the Match Chain Testnet platform to explore interactive charts and insightful analytics. 

Explore More: Curious to learn more about Match Chain? Take a look at this helpful explainer that walks us through how Match ID and Match Hub are working together to power the internet’s evolution from web2 to web3.