Blockchain-driven social platform Matchpool and QTUM have teamed up to announce The QTUM Dev Challenge. The challenge is aimed at building a QTUM-based application for the platform and expanding Matchpool’s presence in Asian regions.
The QTUM Dev Challenge is looking for enthusiastic blockchain developers who are up to the challenge of building and submitting an MVP of the Matchpool social app for Asian community based on QTUM platform and using $QGUP token as its currency. The contest will begin on January 8, 2018, and last until February 15, 2018.
In order to qualify, all submitted MVPs must:
- include paid in-app services;
- accept payments in multiple cryptocurrencies, including $QGUP;
- be operational and designed
- support multiple languages (e.g. Japanese, Chinese, Korean)
The developers of the best MVP for an app will be declared the winner and will receive $50,000 as well as 5% of all issued $QGUP tokens.
In a blog post published earlier today, Matchpool explained:
Asia is super important to the crypto ecosystem and we care a lot about growing Matchpool’s Asian presence. That’s why we’re running The QTUM Dev Challenge, a contest to develop the QTUM version of Matchpool in Asia that will use $QGUP as its currency.
Matchpool is launching The @Qtum Dev Challenge! The contest will have a $50,000 cash prize as well as 5% of all $QGUPs. The prize will be provided to the developer who creates the winning MVP. #Qtum #GUP #Matchpool https://t.co/cCNsBG8c9K pic.twitter.com/xhVd1Yk5gP
— Matchpool (@matchpool) January 8, 2018
QTUM is a blockchain application platform designed for building and running decentralized applications. QTUM employs a modified Bitcoin Core 0.13 protocol combined with an intercompatible version of Ethereum Virtual Machine to work with smart contracts. Thanks to Proof-of-Stake consensus protocol and a hybrid multilayered architecture, the applications built on QTUM are fully compatible with the most popular blockchain.
Matchpool is an Ethereum-driven social platform focused on communication and matching participants by their interests. Matchpool’s concept is centered on “pools” – something similar to closed groups on Facebook dedicated to certain topics. Every participant is entitled to create their own pool with the desired topic and rules or join existing pools. The economics within Matchpool platform are fueled by its native token Guppy (GUP). Participants may use GUP to buy content made by their peers and get access to paywalled pools. Additionally, users can earn GUP as a reward for helping others find their perfect match.
The winner(s) of the Challenge will be announced on February 18, 2108. Upon delivery of the MVP, the reward of 5% of all $QGUP tokens will be vested with 18 monthly payments, while the $50,000 prize will be paid in 4 monthly payments either in cash or the equivalent in $QGUP tokens.
To participate in The QTUM Dev Challenge, fill out this form.
Are you a blockchain developer? Do you plan to participate in the challenge? Let us know in the comments below.
Images courtesy of AdobeStock
