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Bytom Development Challenge Kicks Off First Season with 260,000 BTM Prize Pool

Bytom Development Challenge Kicks Off First Season with 260,000 BTM Prize Pool

As a public blockchain protocol, Bytom is launching its first development challenge. With the aim of accelerating the technical development of blockchain and attracting more talents into Bytom development ecosystem, a prize pool of 260,000 BTM is set for winning teams. In addition to token rewards, outstanding projects will also have access to incubation and investment.

Bytom Blockchain Protocol (referred to as Bytom) is an interactive protocol of multiple byte assets. Heterogeneous byte-assets (indigenous digital currency, digital assets) that operate in different forms on the Bytom Blockchain and atomic assets (warrants, securities, dividends, bonds, intelligence information, forecasting information and so forth that exist in the physical world) can be registered, exchanged, gambled and engaged in other more complicated and contract-based interoperations via Bytom. Bytom’s mission is to create diverse assets and programmable economy.

Challenge theme

Customized: Users can come up with any topic to participate in the challenge but must develop through the interface and smart contract of Bytom.

Projects scenarios (including but not limited to):
• Supply chain, cross-border trade, logistics, supply chain finance, micro-financing;
• Judicial preservation, copyright protection, and contract;
• Product traceability and data marketing;
• Security computation, data audit, and financial risk control;
• Blockchain tools such as blockchain health monitoring, contract security analysis, etc.

Extra bounty

The requirements above must first be met before taking into consideration several other themes as listed below for additional rewards.

Option 1: Distributed off-chain storage
You need to integrate with extra distributed storage (such as IPFS and BigchainDB) and should deploy it in the core part of your project (not added roughly). Extra reward: 20,000 BTM.

Option 2: Decentralized Identity System
Develop a DID system based on Bytom. Extra reward: 50,000 BTM.

Prize

• First prize*1 : 100,000 BTM
• Second prize*2 : 50,000 BTM
• Third prize*3 : 20,000 BTM
*The winners of first prize and second prize will be selected to participate in the finals of the Bytom development competition.

Schedule

• Challenge period: February to May 2019
• Application deadline: 1st April 2019
• Online developing workshop: 1st March and 20th March 2019
• Deadline for the first submission: 5th April 2019
• Deadline for final submission: 1st May 2019
• Reward: 2nd to 7th May 2019

Requirements

• Each participant group should have no more than five members. Individual participants can team up freely, but can only join one group and cannot take more than one entry into the competition
• Anyone belonging to the host organization cannot take part in the competition

Project requirements

• Combine Bytom technology with other technology
• Your project must be completed independently. No cheating or infringement of intellectual property is allowed. Entrants failing to doing so will be disqualified
• After being checked by the Organizing Committee, your project will be selected to enter the competition for further improvement

Judging rules

Blockchain value
• All entries must be built on smart contracts or interfaces of Bytom while fully embodying the value and advantage of blockchain technology

Technology implementation
• The smart contract projects should feature rational design and complete functional design
• Its stable operation is absolutely guaranteed for efficiency and quality
• It is designed with sufficient safety and protection mechanism

Commercial value
• If entries present great commercial value, they can be commercialized directly as representatives of industry application for potential profitability

Creativity
• Compared with mature solutions in the industry, entries should illustrate innovation and creativity with better performance

Product design
• The interactive design should be reasonable
• Easy to be understood and used
• Excellent user experience

Project register and submission

• Register your project: http://blockchain1.mikecrm.com/9Lzr76D and submit your codes to: https://github.com/Bytom-Community
• Projects should be completed functionally, you can also submit package or deployed version

For more details of this development challenge, you are welcome to check the tutorial video at https://www.youtube.com/watch?v=jIv0VvIAUuM

 

Learn more about BYTOM – https://bytom.io/
Read the BYTOM Whitepaper – https://bytom.io/wp-content/themes/freddo/book/BytomWhitePaperV1.1_En.pdf
Learn BYTOM on GitHub –  https://github.com/Bytom/bytom
Connect on Facebookhttps://www.facebook.com/bytomofficial/
Chat on Telegramhttps://t.me/BytomInternational
Reddit – https://www.reddit.com/r/BytomBlockchain/
Read about BYTOM on Twitterhttps://twitter.com/Bytom_Official
Join on Discord – https://discordapp.com/invite/U3RSYr5
Medium – https://medium.com/@cloudmoolah

 

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Image Courtesy: Bytom

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Bytom Launches Developer Competition with Two Million BTM Available for Winners

Developers all over the world are invited to participate in Bytom’s first ever Global Dev Competition. This event will see two million of Bytom’s highly acclaimed BTM tokens awarded to participants. Notably, this acclaimed cryptocurrency grew to an all-time high of over a dollar each, despite the bearish sentiment of the current market, making it a distinctive digital asset.

The Developer Competition is in line with Bytom’s mission as a flagship platform for artificial intelligence on a blockchain protocol. Following the successful launch of its mainnet in April of 2018, Bytom has set its sights on catapulting blockchain technology to new heights through strategic and technical alliances in China and other international markets. The company’s goal is to expand into a full-fledged, sustainable, open-source ecology, delivering cutting-edge solutions that combine artificial intelligence and blockchain technology.

To further this goal, Bytom is looking to tap into a global talent pool to strengthen and grow the development of its platform as it positions itself as an industry leader. Through the competition, Bytom aims to work alongside the leading minds of tomorrow’s development in bridging the digital and physical world. It plans to do this by establishing a decentralized network where various digital and physical assets can be registered and exchanged.

Tomorrow’s Mission Today

Registration for the competition is now open

Talented developers and development teams from all over the world can freely register on the platform and upload their projects for preliminary evaluation.

Following the submission, a shortlist will be announced for the final stage which will be held in Hangzhou, China from October 18th to the 21st. Contestants will be given technical guidance and support from experts to help realize their project. The winner of the event will be awarded with two million BTM coins. An in-depth developer guide of the platform has been made available.

Bytom will also be hosting a Developers Conference at the end of October in Silicon Valley. The conference is geared at helping developers better understand the opportunities offered by Bytom.

Three Paths Offered for Developers

Recognising the myriad of possibilities available to developers, Bytom has created three directions to help guide developers. The first is that developers will be able to build DAPPs on Bytom for financial use cases such as blockchain-based bonds or equity issuances.

Next, developers can also introduce tokenization logic networks to create token-based applications. An example of this is Hong Kong TV station which has begun tokenizing their assets on the Bytom blockchain.

Finally, supporting tools can also be built by developers to expand the functions of Bytom blockchain, unlock new abilities or upgrade existing ones. Examples of these are the one-button AI Miner built by Discus-Fish/F2Pool to improve mining for large-scale mining equipment in Bytom’s computing power. Another would be the Btm-scan blockchain browser, created by Bytom technical. Btm-scan is used in several activities running on the Bytom blockchain.

About Bytom

Launching its mainnet early this year, Bytom has established its presence as a leading blockchain platform. It uses an interpretative computer language called Equity, which is Turing complete. The goal of Bytom is to connect assets using a blockchain, thereby enhancing their security, liquidity, and value.

Bytom Blockchain Protocol aims to become the world’s largest dedicated public blockchain to link diverse asset classes and increase their value, liquidity, and security.

Learn more about  BYTOM https://bytom.io/

Join the Global Dev competition https://bytom.io/developers_en/

Read the BYTOM Whitepaper – https://bytom.io/wp-content/themes/freddo/book/BytomWhitePaperV1.1_En.pdf

Connect on Facebook –  https://www.facebook.com/bytomofficial/

Chat on Telegram –  https://t.me/BytomInternational

Reddit – https://www.reddit.com/r/BytomBlockchain/

Read about Bytom on Twitter –  https://twitter.com/Bytom_Official

Join on Discord – https://discordapp.com/invite/U3RSYr5

Medium –  https://medium.com/@cloudmoolah

Follow BitcoinNews.com on Twitter: @bitcoinnewscom

Telegram Alerts from BitcoinNews.com: https://t.me/bconews

Want to advertise or get published on BitcoinNews.com? – View our Media Kit PDF here.

Image Courtesy: Bytom

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