Matchpool released Alpha version

Decentralized social platform is designed for connecting people and has a monetization feature
13 July 2017   1720
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.

'Kodak Miner' Turned Out to be a Scam

KashMiner by Spotlite USA was promoted as Kodak branded bitcoin miner 
17 July 2018   132

The KashMiner bitcoin miner, exhibited at the Kodak stand during the CES technology show in Las Vegas, was in fact a product designed to mislead potential consumers and with a potentially unattainable potential return. This is reported by BBC.

Spotlite USA is licensed by Kodak's lighting division, which allows it to use the famous brand in its products. In January 2018 the company introduced its miner and announced that it intends to lease it. According to its business plan, potential users had to pay a commission before getting the device. It was expected that after depositing $ 3,400, the customer will receive a device that will allow him to easily cover expenses and receive revenue from bitcoin mining.

However the company did not have an official Kodak license to use the brand in the production of mining equipment and initially overstated the indicators of the potential profit of its device, refusing to take into account the growing complexity and costs of bitcoin mining. The advertising materials reported that KashMiner brings $ 375 a month, which, subject to a 2-year contract, would allow the client to receive $ 5,600 of profit after paying a commission. Experts from the industry of cryptocurrency call this offer a scam.

There is no way your magical Kodak miner will make the same $375 every month.
 

Saifedean Ammous

Economist

CEO Spotlite USA Halston Mikail previously reported that he plans to install hundreds of miners at the headquarters of Kodak. According to him, he already managed to place 80 miners there, but the Kodak spokesman denied this information.

While you saw units at CES from our licensee Spotlite, the KashMiner is not a Kodak brand licensed product. Units were not installed at our headquarters.
 

Kodak Spokesman

In a phone call with the BBC, Spotlite's Halston Mikail said the US Securities and Exchange Commission (SEC) had prevented the scheme from going ahead.