Investors from Asian countries have dominated the cryptocurrency markets. Behind bitcoin’s stunning rise lies a millions of individual investors from countries like China, Japan and South Korea. It is no surprise, then, that blockchain-based companies wish to expand their reach into the Asian market and reap this hugely profitable market.
The competition is called the QTUM Dev Challenge, the competitors will have to develop the QTUM version of Matchpool in Asia that will use a currency known as $QGUP as its currency. Matchpool will distribute it as a second token, dubbed ‘QGUP’ on top of the QTUM blockchain. Current holders of Matchpool currency Guppy on the Ethereum network will have an option to claim the second token on a 1:1 basis within a limited timeframe.
QTUM is the foremost toolkit for building trusted decentralized applications, suited for real-world, business oriented use cases. So using this toolkit, developers will create a social connectivity platform specifically for Asia. The Matchpool vision is to create and give everyone matchmaking tools that incentivise positive connections between people all over the world. Matchpool uses cryptocurrency payments as a means for incentivising the communities to provide value to the rest of the network.
Matchpool have shared the some specifics of what they’d like on the platform, foremost a paid “in-app” service. Multiple forms of cryptocurrency accepted including $QGUPs. The platform needs to be fully designed and operational, and finally it should be multilingual, specifically for use in Japan, China and Korea.
The team that develops the best MVP for the app will win a $50,000 cash prize as well as 5% of all $QGUPs.
The prize is a significant factor that is expected to attract many experienced developers from all over the world to compete alongside each other. This presents a unique opportunity to be apart of a professional and creative network of people and gain a foothold with incredible creators.
This competition offers all involved to be part of an incredible opportunity to create a rewarding social platform to a huge population of people, with the successful performance of cryptocurrencies in the last year, the sky’s the limit in 2018. With an already successful launch, Matchpool are a promising company, teamed up with QTUM a formidable force is ready to enter the market and create something special.
The competition opens on 8 Jan 2018 and will run through 15 Feb 2018. Once the winner is announced, Matchpool will award the prize of 5% of all $QGUPs (vested with 18 monthly payments) once the MVP is complete. The $50,000 prize (delivered in cash or $QGUPs) will be paid in 4 monthly payments upon MVP delivery.
To Enter the Competition, Visit: Accept the challenge
Visit the MatchPool Website: https://matchpool.co/
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