More

    NEO Blockchain Application Competition Sees 160 Teams Work To Create New Game

    More than 160 teams are working together nonstop in a healthy competition to make the most significant app for the NEO Network’s Blockchain. The friendly competition that can take as long as four months has commenced to find out what teams can build the most entertaining game, based on NEO.

    NEO Competition To Create The Best App

    The new information was released on the NEO website where it was called an event that takes place between May and August of 2018. There are now prizes totaling more than 3.5 million Yuan in value for whoever wins. That totals out to more than $524,000 USD in winnings.

    The intro for the game reads as follows:

    “The NEO Game competition, hosted by NewEconoLabs and supported by NEO, was created to encourage game developers to become familiar with the NEO blockchain. NEO provides an excellent platform for blockchain based game development, with features such as fast transactions and digital asset support. NewEconoLabs hopes to foster a vibrant blockchain gaming community and ecosystem.”

    The deadline for the submission on projects is August 15th of 2018. The judging takes place soon after at the end of August, during which time the teams who win will get congratulations.

    The new submissions must give access to a fully functional version of the game to be judged next year. During the competition, there will be 39 different wards used to issue GAS for the competition. The top tier prize to win is the Best Game Award, which gives away $120,000 in USD. Second prices include 500,000 Yuan for the Blockchain Award and Art Award, with 200,000 Yuan going to the Game Creativity Award and Business Value Award as well as many others.

    Judges of the contest are Erik Zhang, core developer and founder of the NEO Network. Jason LIU, Founder of NewEconoLAbs is another, along with Zhu Wei Yu, Neo Global Founding Partner. Others include Mintao Chen, Founder and CEO of MagicOranges, Rong Deng, Manager COO and Chairman at the Dream Technology, Xiao Xiao, Founder of Qu Wei Technology, and Yifeng Liu, Operation Director of XD Technology.

    As of now, during the writing of this article, NEO is easily one of the top virtual currencies on the planet. It has a total market capitalization of $2.29 billion dollars with a price of $35 for each token.

    Get Free Email Updates!

    *Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

    I will never give away, trade or sell your email address. You can unsubscribe at any time.

    Avatar
    Bitcoin Exchange Guide News Team
    B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    3,352FansLike
    2,771FollowersFollow
    4,133FollowersFollow

    Live Bitcoin Price & Latest BTC Charts

    Today's Latest Crypto News

    44% Think Bitcoin's in a Bull Market & Alt-Season Will Occur in 2020: Kraken Survey

    In the currently unstable environment where industries are laying off, cryptocurrency exchange Kraken is on a hiring spree as it moves ahead to expand...

    Bitmain Releases Antminer E3 Firmware Update to Keep It Mining ETH Till October

    Mining hardware firm, Bitmain, set to extend the durability of its once “most powerful Ethash miner” from April to October 2020. The mining firm...

    Tether Prints over a Billion USDT in March, Rising Demand or Exchange Run?

    We are about to end March, a month that saw the price of bitcoin hitting $3,850 and ready to end the quarter with over...

    Bitcoin Beating Gold But What will Hold its Value Better in Five Years?

    The price of bitcoin is currently trading in the green by 2.34% as it trades around $6,450. Although down 11.89% YTD and about 34%...

    Lightning Labs New LSAT Protocol Promises To Do Away With Usernames And Passwords

    A statement from Lightning Labs CTO, Olaoluwa Osuntokun, revealed the specs of the Lightning Service Authentication Tokens (LSAT) which is expected to act as...

    BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.