Vite Bi-weekly Report

Jun 1–15, 2022

ViteBizDevComms

Published in

Vite Labs

3 min readJun 18, 2022

Project Updates

The Economic Model of Vite

Vite Labs CEO Charles Liu recently wrote an article about The Economic Model of Vite. In this article, Charles addresses the following key topics:

Issues in the Current Fee Model
Who Foots The Bill
Certainty
Fairness
User Identification
Capturing Value

This article is a must-read for those that truly want to understand who pays for the network resources consumed on the blockchain, what is the value in the native coin of a free public chain, and how to prevent attacks or abuses of the network when the cost to attack is reduced to align with the cost of usage. Read the full article here.

Vite Express Workshop

Vite Labs Developer Mike recorded a great intro and workshop on how to use Vite Express to help you build your own dapps. Check out the video above for the full tutorial.

Vite Labs Is Hiring

In light of recent layoffs in our industry, we are proud to share that Vite Labs is still hiring for multiple roles. Apply today!

We most recently posted for a Social Media Manager. Check that out here.

Key Activities

Consensus 2022 A Success

We just wrapped up our visit to Consensus 2022 in Austin, TX and we are proud to share that it was a success. As shared in previous reports, we sponsored and hosted a booth at the conference, co-hosted a side event just outside the convention center, and successfully communicated with an audience of more than 17,000 attendees what #0GL1 is all about. Be on the lookout for more in-depth takeaways from the conference soon.

#0GL1 Hackathon is On

Our latest GR14 hackathon with Gitcoin is on, and we ask builders (we call them “vuilders”), what would you build on an ecosystem with no gas fees? Look no further than Vite and build with us. Check out the tweet below for more info and join the hackathon today.