Matchpool
$0.04421 -1.76%
GUP · 66w

Matchpool Launches Alpha Release of Its Blockchain-based Matchmaking Platform - Bitcoinist.com

Cynthia Turcotte · July 13, 2017 · 5:00 pm

Earlier this week, Israeli-based startup Matchpool released its much-anticipated blockchain-based matchmaking platform, currently in its alpha stage of development.

Connecting People on the Blockchain

Initially created to be a dating platform, Matchpool has grown to become the first community and incentive driven social network built on top of the Ethereum blockchain. The ambitious project combines the best features of social platforms like Slack, Facebook, and popular online dating apps to provide a way to bring together like-minded people. It also ensures monetary incentives for those who make matches possible through the integration of its own ERC20 token, the Guppy (GUP).

Co-founder Maximus Richardson reacted to early usage of the alpha release:

We’re a community driven project, and want to build the product around the needs of Matchpool’s members. It’s great to see some of our investors now trialing the platform and giving us invaluable feedback and feature ideas in the community forum — it makes the whole process so much more rewarding.

Matchpool counts among its advisors Hermione Way, former Head Of European Communications at Tinder, Ned Scott, CEO and Co-founder of Steem, and Dr. Gavin Wood, Co-founder and CTO of Ethereum.

ICO a Resounding Success

On April 2, 2017, Matchpool launched what was supposed to be a 4-week token crowdsale campaign with a goal of raising $5 million. The ICO reached its goal in less than two days, raising $5.7 million in a then-record-breaking 33 hours.

Of the 100 million token supply, 60% were sold during the crowdsale, 20% were distributed to the Matchpool team and its advisors, 18% were reserved for new user “entry bonuses”, and 2% were reserved for bounties and other rewards.

Everybody Into the Pool

The basic unit of interaction on Matchpool is called a “pool”. Created by users of the platform, these pools feature an intuitive ...

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