The acquisition will allow the company to increase its capacity to offer decentralised applications and Web3-focused projects.
Portuguese startup Taikai, known for its programming hackathons, announced the acquisition of Bepro Network Labs, a company focused on an ecosystem of tools and resources for developers and companies that want to build decentralized applications. This deal will allow Taikai to integrate blockchain into its products and services, as well as increase the team to 20 more members. The financial details of the deal were not disclosed.
“Taikai’s acquisition of Bepro Network Labs plays a leading role in our vision and roadmap for using blockchain and other decentralized systems for the next generation of apps and the internet. Bepro and Taikai are now a two-brand entity, in which Taikai serves as a bridge to help companies better leverage the possibilities of decentralized development through the ecosystem and the community we are building for developers,” explains Mário Alves, CEO and co-founder of Taikai, in a statement.
The acquisition of Bepro Network will make Taikai the largest contributor to the ecosystem, enabling the company to meet growing customer demand and integrate blockchain into its products and services. With this operation, Bepro’s employees will be integrated into the tech startup led by Mário Alves. Taikai’s team now has over 20 employees.
“Over the past few years, Bepro has been building web3 products and services for NFTs, staking, and predictive markets, among others. We built the protocol, network, and SDKs to nurture the ecosystem so that developers all over the world can create decentralized economies in collaborative development environments, and help entrepreneurs get the right talent for their projects, building tools for the future of DAOs development,” said Justin Wu, co-founder of Bepro.