Over the last few months, the Metis ecosystem has grown to become a vibrant, on-chain, and global community, all connected by Metis Smart L2 infrastructure and our shared belief in web3. We are a fully-fledged decentralized economy thanks to the efforts of everyone who believes in the power of Metis to shape the future.

Contribute to the booming Metis ecosystem and design original NFT artwork for the official launch of Reputation Power by Matrix, powered by MetisDAO Foundation!

Metis is pleased to announce our Gitcoin L2 Rollathon Hackathon winners! In the spirit of L222 and supporting open source web3 development with Gitcoin, we invited talented developers to build innovative applications on the growing Metis ecosystem.

Last week, Permissionless brought a new energy to Palm Beach. The web3 community took the city by storm through innovation, buidling, and many good vibes. Web3 social summer truly kicked off with all our favorite projects, builders and frens, featuring many focused and fun events, and the surprise launch of a social media protocol Lens to pull it all together! In light of even a bearish market, changemakers showed up at Permissionless to remind us all that the drive and spirit of web3 innovation is still very much alive.

Metis is a well-known advocate for builders and the community, and we want to bring the best products and opportunities for those we advocate for. Thus we are very excited to be hosting an upcoming Rollathon alongside Github. This will be a great way to incentivize both the creation of dApps that bring something missing to the ecosystem, and better tools for the dApps, which will provide end users an overall better user experience.

On April 12, 2022, Metis integrated a storage layer benefitting its rollup structure. Metis is now leading the L2 industry with the lowest gas costs of all L2s, while maintaining high security and data availability. Through leading innovation and evolution, L2Beat has reclassified Metis as an Optimistic Chain. In light of this label, the Metis community is reviewing the new classification, as the term “chain” does not accurately reflect the Metis L2 infrastructure. Metis continues to have a rollup structure while exploring the area between Plasma and Rollups. To avoid confusion within the industry, the Metis community is reviewing the new classification and is considering the term Smart L2 to best represent its architecture.