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Nebulas sponsors inaugural hackathon at Silicon Valley Blockchain Week

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Nebulas (NAS)
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Following the Consensus Conference in New York City in May, the blockchain community will get together once again at the Silicon Valley Blockchain Week in the Bay area on June 22.

Nebulas is one of the main sponsors of the conference and also the hackathon event. Moreover, Nebulas co-founder and CTO Robin Zhong will speak at the conference, and also will be part of the judging panel during the hackathon.

Silicon Valley Blockchain Week is jointly initiated by F50, SVE, and 500 Startups, and Hume USA, Node Capital, Cryptoparency, Dorahacks, the Silicon Valley developer community, and more.

The conference is for developers, project parties, entrepreneurs, fund investors, and others in the space. It aims to connect leading industry figures, including top VCs such as 500 Startups and Node Capital, as well as the Silicon Valley developer community and the global club of blockchain projects and founders.

The Nebulas co-hosted hackathon event took place from June 22 to June 24, local time. The event was organized by F50 and has a lot of top developers participated in this event. There were 11 teams with an average size of 4 people.  Each team worked the weekend to create an innovative solution that requires a blockchain. The two main blockchains used were Nebulas and Ethereum. The winners were:

Grand-prize winner: Verifid, which tackled the identity problem on the blockchain by linking Nebulas accounts to real people through third parties such as utility companies.

Runner-up: Nit, which created a version control system on the blockchain.  This was modeled after git, the popular software development tool, but run fully on the Nebulas blockchain.

3rd place: BlockBNB, which created a mechanism to automatically bill and refund users of AirBNB rental units by interaction with IoT hardware such as demonstrated on a Raspberry Pi.

Best Use Case: Social Chain, which created a transparent mechanism to track how donations to charities are spent using the Ethereum blockchain

Best Implementation: Raffle, which created a crowdsourced raffle scheme on the Nebulas blockchain.

Best Presentation: Verifid

Best Design: Potion, which showcased a way to secure your private key through biometrics such as a fingerprint and security questions

Best Team: Pollaris, which showed how a blockchain can be used for polling and implemented on Nebulas.

Hackathon participants, who decided to develop on the Nebulas chain, had the opportunity to win not only hackathon prizes but also NAS rewards through Nebulas Incentive Program. Similar scenario happened at the Consensus hackathon, where the winner also won a top Nebulas Incentive Program award.

Silicon Valley is famous as the city with the highest concentration of high-tech talent in the world. With an eye on such talent, Nebulas opened the NAS Center in San Francisco in March to coincide with the launch of the Nebulas mainnet.

Weekly community and developer meetups take place at the NAS Center activities every week.

Nebulas also has academic exchanges with top universities near Silicon Valley like UC Berkeley.

As a commitment to building a new generation of blockchain publicity, Nebulas welcomes US developers to join the Incentive Program.

For details of the activities, please refer to the blockchain website: http://svblockchainweek.io/

Hacker Marathon Event Link: https://www.meetup.com/sventrepreneurs/events/250710861/

About Nebulas:

Nebulas is a next-generation blockchain development, deployment and discovery platform. The ecosystem consists of three central elements: 1) Nebulas Rank (NR), which measures and ranks the utility of all blockchain entities and powers the Nebulas search framework; 2) Native Incentive (NI), which rewards the developers and users bolstering the Nebulas blockchain; and 3) Nebulas Force, which proposes a novel community-led governance model and upgradability features for blockchain.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Ludos Protocol Makes a Strong Case for Investors in Blockchain Gaming

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As games migrate to the blockchain and become increasingly complex, Ludos Protocol is set to capture this new market. It’s creating a solid ecosystem of DApps and toolboxes that provide Blockchain as a Service for developers to build and maintain sidechains.

Ludos Protocol solves one of the biggest issues that has given investors qualms about blockchain gaming: scalability. An overcrowded mainchain is a perennial problem that has hindered the progress of even the best-funded blockchain gaming applications. Thanks to a hybrid of Proof-of-Work and Proof-of-Stake consensus algorithms, Ludos Protocol is able to implement a multi-sidechain system. This allows any populated game to deploy its own sidechain of transactions while keeping the mainchain throughput at a minimum.

This is why Ludos Protocol has attracted investment from fund behemoth Softbank, whose previous ventures include Uber and Alibaba. Ludos Protocol is the fund’s third-ever foray into blockchain.  

Industry trends attest to Softbank’s interest in Ludos Protocol. Gaming produced a global revenue of over $200 billion in 2017, according to the latest report by Digi-Capital. It is a figure that is expected to grow to $300 billion by 2021, making the industry one of the most lucrative in the digital economy. It is also one of the ripest for change by blockchain technology. The development of a comprehensive blockchain infrastructure that suits the evolving needs of the…

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Why Investors Should Closely Follow the Earnings Season

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The earnings season has arrived, and investors around the world are excited to see what reports are companies going to publish. This is important as these reports contain companies’ earnings for the current year, which can provide investors with some valuable insight.

No matter what announcements the company has made throughout the year, it is the earnings report that indicates the firm’s true performance. As such, it often has a significant impact on its public image, the price of its stocks, as well as investors’ interest.

Earnings reports can open up new opportunities

When it comes to the cryptocurrency markets, 2018 has brought both, volatility and stability. Most of the time, prices were relatively stable, but this state was only reached after a harsh drop in January 2018. Since then, several smaller price surges, followed by just as large price drops, hit the market once again.

As a result, crypto traders were prompted to look for alternative investments. Earnings seasons often present numerous opportunities for resourceful investors. Analysts claim that earning reports managed to significantly impact prices of shares (by over 5%) since 2001.

It is expected that a lot of companies will try to take advantage of the earnings season in order to make a comeback, especially after the hit that markets suffered back in October. Various firms will also likely show insight into how the market behavior affected their profits and business, in general.

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TokenPay Litecoin Verge
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Ever since the cryptocurrency sphere was met with the news of the partnership between Litecoin Foundation, TokenPay, and Verge (XVG), the idea of them coming together has been among the most controversial news to ever surface in the cryptocurrency world.

The collaboration managed to even draw the attention of one of the most renowned crypto-influencer and bitcoin campaigner, Tone Vays. In his usual style, Tone took to Twitter handle on hearing the news, tweeting and expressing his disapproval while criticizing the creators of the three cryptocurrencies for allowing such a move to occur.

In retaliation to the attacks from Tone, Charlie Lee, the MD, and founder of Litecoin (LTC) posted his clarification on Reddit on the 17th July in regards to the partnership. Litecoin’s CEO started by explaining the dissimilarities between Litecoin as a currency and Litecoin as a company.

In his remarks, he said that Litecoin as a blockchain and crypto network is a decentralized network, whereas Litecoin Foundation as a company is a centralized non-profit institution whose goal is to ensure Litecoin (LTC) is developed, adopted, and used. Charlie also mentioned that Litecoin’s cryptocurrency and blockchain technologies did not require his direct services at the moment hence his concentration on Litecoin Foundation.

Charlie Lee made his remarks known saying:

“If Litecoin Foundation (LF) is exposed to not doing a good job, nothing should prevent another organisation to step in and do a better job. This is…

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