Matchpool released Alpha version

Decentralized social platform is designed for connecting people and has a monetization feature
13 July 2017   2517
Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks.

Israeli startup Matchpool announced the release of an alpha version of its blockchain platform.

The startup has attracted the attention of blockchain community at the end of last year. Developers announced that they want to create a social platform based on a blockchain technology. Main feature of the project is ability for monetization. 

The platform is often described as a "mix of Tinder and Slack", as it involves the creation of channels that are actually separate websites. The owner of such a channel will have excellent opportunities for earning some amount in the domestic currency of the platform, called Guppies.

Ethereum

Open-source blockchain-based distributed computing platform featuring smart contract functionality, which facilitates online contractual agreements.

Community liked the idea. Otherwise, it is difficult to explain how Matchpool managed to gain 125,000 ETH in two days, which was $ 6 million at that time.

The alpha version of the platform implies the ability to create your own pools based on some common interests, visit other people's pools, create group or personal chats, and post your own content in a general newsfeed.

matchpool
Matchpool

In addition, the creator of the pool has the ability to specify a specific geographical targeting for potential participants, as well as make membership in the pool paid or free.

Matchpool platform, built on Ethereum smart contracts, was created to help you find a partner based on common interests.

According to the representatives of the project, after collecting feedback and public testing of the alpha version, work will begin on a beta version, which is expected to be submitted in six months. In addition, Jonathan Ben Shimon said that he was approached by "some influential entertainment industry players" who plan to use Matchpool to work with their communities.

Switcheo to Launch Cross-Chain ETH-NEO Atomic Swaps

Developers says that the technology of atomic swaps has been known for few years, but is not popular, since its implementation in practice is quite complicated
25 April 2019   59

Switcheo announced the official launch of the atomic swaps feature for the Ethereum and NEO blockchains.

From now on, Switcheo users have access to the inter-block exchange of their own token exchange, SWTH and ETH, which allows for the transfer of assets between two markets represented on the trading platform and makes Switcheo the first decentralized exchange that implements this functionality.

A challenge with existing trustless exchanges is that trades are confined to individual blockchains, limiting the market combinations that can be offered to users” says . With the launch of the new feature, users can now trade conveniently between ETH and NEO markets, while retaining full custody of their funds.
 

Ivan Poon

CEO, Switcheo

According to the developers, the technology of atomic swaps has been known for several years, but is not widely used, since its implementation in practice is quite problematic. Switcheo lead developer John Wong explained that his team spent a lot of time adapting the process to the user's needs and achieved the desired result.