Aleph.im: Recap of 2020

2020 was quite the year and this is especially true for aleph.im and the wider crypto space that saw significant growth and interest in the second half of the year, triggered largely by the DeFi Summer. With the new year starting and the festivities over, we would like to give you a recap of what we’ve accomplished during 2020, where things stand now, and what we’re looking forward to in the future.

About Aleph.im

Aleph.im’s core mission is to help decentralized apps and protocols strip off the centralized parts of their stack, achieving a fully decentralized architecture. Our open-source ecosystem achieves this by providing decentralized databases (including file storage), computation and a decentralized identification (DID) framework. You can think of aleph.im as a decentralized AWS or firebase.

First Half of 2020

We started the year by adding support for the Neo blockchain. We also conducted a  on Neo blockchain as PikcioChain’s parent company shut down.In early March, our founder Jonathan Schemoul (also known as Moshe in the crypto community) presented aleph.im at EthCC in Paris (), the last physical event aleph.im attended before Covid restrictions were put in place.The Javascript client library SDK was launched for developers to easily integrate their web apps with aleph.im and finally be able to build fully decentralized DApps.On the product side, we launched our functional decentralized , and the  to allow users to swap their ALEPH tokens between the NEO, NULS and Ethereum networks.ALEPH also got listed on its first exchanges, including Uniswap, Balancer, Paraswap, Switcheo, 1inch and Hoo.In June, Moshe did his .

Q3 2020

The ALEPH total token supply was reduced by half along with a tokenomics update (read the announcements  and ).

With the building momentum from the DeFi summer, aleph.im started to steadily gain traction.During this quarter, ALEPH got listed on Eterbase, IDEX, Serum, Kucoin and Beaxy. With the ALEPH token total supply halving and the general bullish market sentiment spearheaded by the DeFi space, aleph.im experienced a surge of interest.Our first partnerships were initiated, with a focus on the DeFi space, as it was clear that projects needed a solution right away to reach full stack decentralization. We partnered with  (FTX backed DEX that runs on Solana), Phantasma, Jarvis (read  and ), DeFiPie, Evidenz and .As public interest in aleph.im rapidly grew, Moshe was invited to many AMAs including , , , and .

The last part of the quarter saw the , which occurred on Sept. 25th 2020 and resulted in the swift  (ALEPH V2). We immediately informed all of our official partner exchanges of the new token issuance and attempted to get in touch with exchanges who independently listed ALEPH with no official partnership. All wallets, including exchange wallets, that held V1 ALEPH tokens received the same amount of V2 tokens. Our partner exchanges (including Kucoin, MXC, etc.) performed the migration successfully for their customers. However, Hotbit exchange did not forward the migrated ALEPH V2 tokens to its customers and continued to allow deposits and trading for the deprecated V1 token long after the situation was made clear and communicated on our official channels. Also note that we decided to conduct this migration to the V2 variant of our token to protect our token holders, just like the 15+ other projects also affected by the Kucoin hack.

Q4 2020

The last quarter finished with a bang with new integrations, partnerships and exchange listings.

We integrated the two leading interchain projects  and , meaning that now the 350+ projects building on these ecosystems can use aleph.im.

We then followed up the Polkadot and Cosmos integrations with partnerships within these ecosystems including ,  and .

The ALEPH listing continued with listings on , MXC, Gate.io and . We also announced . With all this, we made sure we covered CEXs in Asia and reinforced our presence on DEXs/AMMs.Meanwhile, Moshe attended a  who we have partnered with and did an  during which he did the staking launch.We finished December with the  and . Against all odds, we remained on track with our roadmap timeframe, with our team working day and night to make it happen and we launched shortly before New Year's eve. Our staking and node launch got off the ground quickly, reaching 24 registered nodes and . We are now entering the new year with higher figures and have even higher short term goals.

Looking Forward to 2021

2020 was an amazing year for aleph.im, with many challenges overcome and incredible successes. Although the crypto community has endured several years of a tough crypto winter, we strongly believe that the momentum gained in 2020 will continue on in 2021.We have an endless amount of tasks and big goals for 2021. We will keep growing our network of nodes, empower our stakers and token holder community further; we will keep improving our core product, integrate with more blockchains and partners, and enable projects to unleash the first fully decentralized DApps of the web3 era.The crypto space is now gaining peak visibility in the mainstream media and beginning to disrupt traditional finance with . This new interest ushers in a big wave of new talent to the deFi ecosystem, with new players building more decentralized products and looking for the best decentralized products to build with. That’s exactly where you can find us, at the core of this “true decentralization” ethos driven by the mission to strip off the last remaining centralized components of existing DApps and protocols.

Thanks and Keep In Touch

Thank you so much for being part of this amazing story.Join our live conversation on our .

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