Preheat and Prep: Preheat your oven to 350°F (175°C). Grease and line a heart-shaped cake pan (or two round pans if you plan to layer).
Prepare Flax Eggs: Mix ground flaxseed with water and let it sit for 5 minutes to thicken.
Mix Dry Ingredients: In a large bowl, whisk together flour, baking soda, baking powder, salt, cocoa powder, and beet powder.
Create the Batter: In another bowl, combine almond milk and apple cider vinegar. Add melted coconut oil, monk fruit sweetener, flax eggs, and vanilla extract. Mix well.
Combine: Gradually add the wet ingredients to the dry ingredients, stirring until smooth.
Bake: Pour the batter into the prepared pan(s) and bake for 30 minutes or until a toothpick inserted in the center comes out clean.
Cool and Frost: Let the cake cool completely before applying the cream cheese frosting. For extra flair, add chocolate drizzles or turn them into Red Velvet Cheesecake Bites!