Blockstack and ShapeShift Team up to Offer a $50k Bounty for a Universal Wallet

via Blockstack

Blockstack, a new internet for decentralized apps, has teamed up with ShapeShift, a popular semi-decentralized exchange, to offer a community bounty of $50,000 to anyone who can develop a universal cryptocurrency wallet. In the announcement, Blockstack states that it will reward the “individual or team with the best open source wallet app using Blockstack for Authentication, Storage, and Encryption, and ShapeShift’s API for token exchange.”

“Increased interoperability and collaboration between projects will only hasten the pace of innovation — and making each project’s atomic unit of value accessible across communities is critical. That’s why we are partnering with ShapeShift to enable an open source wallet where users can hold and exchange most, if not all current and future forms of tokens, all in a decentralized manner.”

Here’s more information on the bounty:

  • 9:00 AM EST April 25, 2018: Global Bounty is announced for $50k USD.
  • 11:59 PM EST June 25, 2018: Bounty is closed and all projects must be submitted via the submission form.
  • June 29, 2018: The winning project is announced.
Judging Criteria
  • How thoroughly have the submission requirements been met, completed, or exceeded?
  • Is the application creative, original, and functional?
  • Is the application easy to use from the standpoint of user onboarding, adoption, and navigation?

Last Fall, Blockstack launched its Signature Bounty campaign to incentivize developers to build decentralized applications. Additionally, the blockchain project raised $52.8 million in its December ICO.

More: Blockstack + ShapeShift: $50,000 for a Universal Wallet
Similar: Blockstack raises $52 million to build a parallel internet where you own all your data
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