Ethereum Foundation partners with Russian Bank

Ethereum Foundation announces its partnership with Russian Vnesheconombank (VEB)
30 August 2017   570

Ethereum foundation and Russian Vnesheconombank (VEB) have signed a partnership agreement. The ceremony took place at the "Blockchain: The New Black Gold of Russia" conference. The document was signed by Ethereum foundation founder, chief architect of Ethereum platform Vitalik Buterin and Vnesheconombank Chairman Sergey Gorkov.

As reported, the agreement focuses on a long-term and effective partnership in the implementation of the projects using distributed registry technology and the Ethereum platform, the formation of an expert community on the Ethereum platform, and the joint development and the implementation of the educational programs for training specialists in distributed registries and the Ethereum platform based on Vnesheconombank's Blockchain Competence Centre.

The Centre aims at accumulation of the competencies and knowledge about innovative technologies, development of the platforms for government organizations, training and popularization. Thus, Russia is becoming an important player in the development of blockchain industry in the world.

We unite the efforts of all the interested parties and create the first Competence Centre in Russia for state companies and authorities, forming an ecosystem of the innovations. Both Russian developers and world leaders will contribute to the project. We are pleased to add Ethereum foundation's experience and expertise to VEB's knowledge.

Sergei Gorkov
Vnesheconombank Chairman

The partnership hopes to help foster a community of Ethereum experts within Russia and to assist the formation projects based on Ethereum and other blockchain.

Cooperation between Ethereum and VEB gives a unique opportunity to engage in research and development on the use of blockchain technology for public administration and accelerate the adaptation of this technology to government organizations in the Russian Federation.

Vitalik Buterin
Ethereum founder

Thus, the partnership seems to be a part of a series of steps that Russia are taking towards blockchain implementation nationwide.

Play2live announced the release of its MVP and a token sale

Blockchain-based streaming platform for gamers release a full-fledged esports streaming service
21 February 2018   21

On February 21 the first blockchain-based streaming platform for gamers, Play2live, opened its LevelUp Coin (LUC) token sale event with a deadline on March 14 at 17:00 UTC along with the rolling out of its MVP. The platform is based on BitShares 2.0, already successfully passed a heavy testing stage with with live matches and streams.

The service is already capable of accepting around 200,000 viewers. A special tournament for CS:GO - CryptoMasters with the world's first prize pool entirely comprised of the virtual currency ($100,000 worth of LUC) is also announced under the banner of Play2live. The event is set to take place in Minsk, Belarus on February 24-25. The broadcast will be arranged in 7 languages - English, Russian, Chinese, Korean, Spanish, Portuguese, and German.

The service also features a voting system during matches using the same LUC. This token acts as an internal currency that can be easily converted to another cryptocurrency or a fiat currency by means of the Play2live's API.

The company itself was established in 2017. Its purpose is to merge blockchain technology and streaming service to provide all the participants of the streaming process a seamless platform for prioritizes interaction and encourages the diversity of monetization schemes. It is reported that Play2live will have up to 15 sources of revenue.

On February 21 at 17:00 UTC CEO of Play2live opened the token sale with a Q&A stream session with topics concerning the update of P2l, product and sale related matters.