Country for PR: United States
Contributor: PR Newswire New York
Monday, February 25 2019 - 09:59
AsiaNet
1st Ever Blockchain Developer Challenge announced by VeChain Foundation
SHANGHAI, Feb. 25, 2019 /PRNewswire-AsiaNet/--

-- Winners to be Awarded at VeChain Summit in San Francisco in April 2019

VeChain, a leading global enterprise level public blockchain platform with tens 
of thousands of active community members, announced three ongoing developer 
bounties and their first Application Development Challenge to support the 
motivated and dedicated developers. The program focuses on providing programs 
that allow developers to attract users and garner the exposure to attract 
investors by boosting the development of qualified applications and business 
emerging from public blockchain technology.

Photo - https://mma.prnewswire.com/media/825872/VeChain_Challenge.jpg

Logo -  https://mma.prnewswire.com/media/738233/Vechain_Logo.jpg 


The Foundation claims that one of the primary strengths, regarding the 
VeChainThor Blockchain for commercial applications, is that the users 
themselves do not always have to pay for the transactions allowing situations 
where non-technical users can have their transactions paid by application 
owners or sponsors. This unique take allows everyday consumers to get the full 
value out of blockchain technology without ever creating a wallet, buying or 
owning cryptocurrency. 

The challenge, entitled VeChain Application Development Challenge, leading up 
to the VeChain developer conference--VeChain Summit 2019 scheduled on April 18 
at Fort Mason, San Francisco--will have a total reward pool of over $170k USD. 
All developers whose applications are live on the VeChainThor mainnet can 
participate. Among all the applicants, 5 applications voted by the VeChain 
community and 3 applications selected by the VeChain Foundation Assessment Team 
will share the prize. The winning teams will also be showcased by the 
Foundation and ecosystem builders to various enterprises and funds that are 
looking to bolster their influence within this area.

On April 1, a list of submitted applications will be published for community 
voting. The community voting will be concluded based on the result at 11:59 pm 
UTC+8, April 12th. Applications submitted after this time will not be eligible 
for this challenge. Once the community voting is concluded, the Foundation 
Assessment Team will evaluate all eligible applications and select the top 3 
applications to win the Foundation Awards. All prizes will be announced during 
the VeChain Summit 2019 on April 18.

Submitted applications will be added to the VeChain application store set to 
launch soon.

To better serve the diversified developers, VeChain organized three ongoing 
bounties, Application Idea Hunt, VeChainThor Supercharger and Developer Academy 
Bounty where the selected applications will also be rewarded based upon the 
Foundation Assessment Team's judgment.

To participate and learn more about the bounties and the challenge, please 
visit: https://appdev.vechain.org/

About VeChain :
Starting in June 2015, VeChain aims to connect blockchain technology to the 
real world by providing a comprehensive governance structure, a robust economic 
model, and IoT integration. VeChain is the pioneer of real-world applications 
using public blockchain technology, with international operations in Singapore, 
Luxembourg, Tokyo, Shanghai, Paris, Hong Kong, and San Francisco.  

For more detailed information, please contact:
press@vechain.com or 
visit: www.vechain.org.

SOURCE: VeChain