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Nebulas sponsors inaugural hackathon at Silicon Valley Blockchain Week

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Nebulas (NAS)

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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A Guide to Exploring the Singaporean ETF market

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Singapore’s Exchange Traded Fund (ETF) market has grown, offering investors diverse investment opportunities and access to different asset classes. As the market evolves, investors must navigate these uncharted waters with a clear understanding of Singapore’s ETF landscape. This article explores the trends, challenges and strategies for navigating the Singapore ETF market. To start investing in ETFs, you can visit Saxo Capital Markets PTE.

The Singaporean ETF Market: Exponential Growth

The Singapore ETF market has seen significant growth in recent years, with an increasing number of ETFs covering a wide range of asset classes and holders. different investment topics. 

One of the notable trends in the Singapore ETF market is the growing diversity of available options. Investors can now choose from ETFs that track domestic and international stock indexes, bonds, commodities, and specialist sectors or themes. This diverse range of ETFs allows investors to create comprehensive portfolios tailored to their investment goals.

The growth of the ETF market in Singapore is also due to growing investor demand for low-cost, transparent, and accessible investment vehicles. ETFs offer benefits such as intraday liquidity, real-time pricing, and the ability to trade on exchanges. These characteristics have made ETFs attractive to retail and institutional investors who want exposure to different asset classes.

Regulatory Landscape and Investor Protection

The Monetary Authority of Singapore (MAS) is the…

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Property Loans for Foreigners in Singapore That You Must Know About

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property loans for foreigners in Singapore

Intending to invest in a residential or commercial property in Singapore?  

When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.  

In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.  

HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE? 

As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.  

In this sense, Singapore has the Loan to Value Ratio (LTV).  

The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:  

  • If you are applying for a bank loan, you can borrow a maximum of 75% of the value of the property you want to purchase. That means if you are looking for a property that costs $500.000, the maximum amount of money a bank lender can give you like a loan in Singapore is going to be $375.000. 
  • When you are applying for a loan with a Housing…
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CoinField Launches Sologenic Initial Exchange Offering

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Sologenic

CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform.  Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.   

Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play.  The desktop version is available for Windows and Mac.

“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited to KYC and fiat ON & OFF ramping,” said CoinField’s CEO…

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