Ljubljana to host 1st Viberate Hackathon

V-Hackathon with a prize pool of €20,000 is taking place on June 16 - 17 and will focus on a new mobile app design
29 May 2018   753

Viberate music service provides a live music ecosystem in one platform. Now, in order to develop a concept for a new mobile app, it will organize the V-Hackathon on June 16-17 at Viberate headquarters.

The assignment concerns the target group, app concept, wireframe design, business model and a draft market penetration strategy. Teams will be composed of 4-6 individuals with at least 1 person as a team leader, 1 - as a marketing specialist and 1 - as a designer.

App guidelines recommend at least 1 of Viberate's assets to be included, consumer-oriented, crypto should not be the focus and it's not mandatory to include VIB token in the app. The schedule for Day 1 is as follows:

08:00 - 09:00                             Registration & coffee break
09:00 - 09:30 Welcoming speech / Presentation of mentors and the jury / Clarification of rules
09:30 - 12:00 Hacking
12:00 - 13:00 Lunch
13:00 - 18:00 Hacking
18:00 - 19:00 Dinner
19:00 - 21:30 Hacking
21:30 - 22:30 Happy hour
23:00 Door closes

More details about the event can be found here. At the moment of publication, Viberate market parameters are as follows:

Average price 0.131646 USD
Market cap 22,299,051 USD
Volume (24H) 2,735,180 USD

Binance to Launch BTC-Pegged Own Chain Based Token

In this way exchange wants to transfer crypto based on own blockchains to its ecosystem and  increase liquidity and trading volumes at Binance DEX
17 June 2019   156

In the coming days, Binance Exchange will launch a series of BEP2-tokens, tied to different cryptocurrency rates, on its own Binance Chain blockchain. The first token of this type will be BTCB - its rate is tied to Bitcoin.

BTCB is backed with bitcoins located in Binance reserves. The address for storing bitcoins has already been made publicly available, so that users can verify that the token has the necessary support.

In the future, the BTCB / BTC trading pair will be launched on Binance.com. With its help, users will be able to convert the original cryptocurrency into the Binance Chain token. The price spread in this case will be about 0.1%.

According to Binance, in this way it can transfer cryptocurrencies based on its own blockchains to its ecosystem and currently not represented in the Binance Chain. The company expects the launch of new tools to increase liquidity and trading volumes at Binance DEX.

While this approach is more centralized than atomic swaps, we believe it provides a higher degree of ease-of-use to most traders. And most traders are already trusting Binance.com to hold their funds anyway.

Binance Team

To date, Binance has independently reserved 9,001 BTC and released 9,001 BTCB. The BTCB / BTC trading pair on Binance.com will tentatively appear within a day, and an asset will be added to Binance DEX after approval of the relevant offer.