- Development challenge aims to support motivated and dedicated developers
- There is a USD 170k reward pool for the best developers selected
- VeChain’s mission for 2019 is to build and enable the developer
VeChain blockchain platform has announced the first Application Development Challenge to support motivated and dedicated developers. The focus of the program will be providing programs that will enable developers to attract users and gain exposure that can help to attract investors by boosting the development of qualified applications.
The summit themed “Creating Valuable Transactions” was announced via a March 18, 2019 press release stating that it will be happening at the Festival Pavilion, Fort Mason – San Francisco CA.
The conference has been designed to be a conglomeration of developers, academic professionals, startups, business decision makers and venture capitalists together to collaborate, partner, and build solutions that create value transfer in the real economy, which at the same time is being represented and recorded by transactions on VeChainThor Blockchain.
Pool Reward Of Over USD 170k
There will be a challenge titled VeChain Application Development Challenge leading up to the developer conference that will have a total pool reward of over USD 170k where all developers with live applications on the VeChainThor MainNet can participate.
The VeChain community will select five out of all the applications, and the VeChain Foundation Assessment team will choose the top three applications to share the prize money. According to an earlier press release, the winning teams will be showcased by the Foundation and ecosystem builders to several enterprises and funds that want to boost their influence within their niche areas.
The full list of submitted applications will be published for community voting on April 1, 2019, and the ballot will be concluded on April 12th at 11:59 pm UTC. The applications submitted after the time-lapse will not be eligible for the challenge. The Foundation Assessment team will conduct its vote after evaluating the eligible applications to select the final three applications to win the Foundation reward that will be announced during the VeChain summit on April 18.
Build and Enable the Developer Community
VeChain’s mission for 2019 is to build and enable the developer community by creating valuable transactions.
The foundation has designed the VeChainThor public blockchain with mass adoption in mind meaning it is intended for developers and their users. VeChainThor blockchain will keep the Ethereum Virtual machine to lower the barrier for smart contract development besides having unique features like Proof of Authority (“PoA”) Consensus for scaling and increased security, Dual-token economic model for projectable expenses and Multi-party payment protocol (“MPP”) so anyone can get the full value of the technology without the need of a cryptocurrency, among others.