All eyes were on Malta this month as one of the most anticipated blockchain events of the year kicked off on November 1st and 2nd. The event aligned with two major legislative acts introduced by the Maltese government that will create a regulatory foundation for blockchain companies to function in the country. The summit was an exciting opportunity for those in the space to come together, network, and gain new insights on the evolving trends and regulatory and technological breakthroughs in the field of blockchain. Hyperbridge’s Advisor and CEO of BLOK Technologies Rob Dawson was among the attendees. We therefore decided to sit down with Rob and hear more about his experience in Malta.

Tell us more about Malta Blockchain Summit. What was your impression of the event?

With over 8,500 attendees the Summit was the largest blockchain/crypto event I’ve been to and definitely a highlight conference of the year. A major focus of the conference was how the regulatory environment for blockchain is evolving. Malta is at the forefront of regulating the industry and at the same time encouraging investment and new businesses in the industry.

A major focus of the conference was how the regulatory environment for blockchain is evolving. Malta is at the forefront of regulating the industry and at the same time encouraging investment and new businesses in the industry.

The event also marks the increasing maturation of the overall blockchain industry as business models and use cases for the blockchain economy are coming to fruition. Companies utilizing blockchain begin to stand out as they build functional technologies and platforms to drive the blockchain-enabled economy. Among the increasingly prevalent trends that I observed is the tokenization of assets and the emergence of platforms that enable the utilization of tokens inside an ecosystem.

What events did you attend and what were the main highlights for you?

There were four main tracks, covering the most relevant fields about blockchain : Government and Regulation, Marketing and Investment, Tokenomics and Cryptocurrency, and Development and Technology. I attended all four of them and also had chance to check out the ICO Pitch competition, VIP Networking, Investor Event and the Expo Floor.

The Expo was certainly a highlight for me. It showcased over 80 companies operating in and providing services to the blockchain industry. That was impressive! Since last year the utility and functionality of what is being developed in the industry has come a long way.

Any particular blockchain projects that you were impressed with?

I was particularly impressed by the companies focused on disrupting and enabling the financial sector. This included Fintech organizations developing new tools for processing transactions and enabling the use of cryptocurrencies, as well as organizations providing exchange and liquidity services to crypto-focused companies.

Other areas that stood out for me were the applications in entertainment, education and government. The more infrastructure that is developed to run the crypto-economy, the more utility and ease of use it will have. This helps the industry to go mainstream and realize its potential of being the engine that drives the global economy.

The more infrastructure that is developed to run the crypto-economy, the more utility and ease of use it will have. This helps the industry to go mainstream and realize its potential of being the engine that drives the global economy.

In many ways I see Hyperbridge’s vision as being aligned with this trend. Hyperbridge is enabling the crowdfunding, tokenization and democratization of application development, and BlockHub is just the starting point.

The summit also attracted the representatives of other tech sectors, including AI, IoT, Quantum Technology. What are some enticing highlights and trends happening there? And is there an overlap with blockchain development?

Absolutely. AI and IoT are closely aligned with blockchain. Sophia, the humanoid robot celebrity created by Hanson Robotics, attended the conference. She addressed the audience to discuss her thoughts on blockchain, cryptocurrency and AI. She discussed the benefits of both blockchain and AI improving human life and the economy.

I believe the key trend in this area is the integration of these technologies. Blockchain, AI, quantum technologies are all emerging at the same time, and interesting combinations of these technologies are being explored by multiple organizations.

A startup called Tatau, which won the ICO Pitch battle, is developing a marketplace to reallocate under-utilized crypto-mining computational power and switch it to AI processing in real-time.

I believe the key trend in this area is the integration of these technologies. Blockchain, AI, quantum technologies are all emerging at the same time, and interesting combinations of these technologies are being explored by multiple organizations.

We’ve heard that Malta is often referred to as the Blockchain Island. Is the title justified?

More and more. Malta as a country is taking a VERY progressive stance in regulating, encouraging investment, and reducing red tape for companies looking to operate in their jurisdiction. Its position as an EU country has a great potential for companies and for the industry itself. Malta is a small country of just 450,000 people but it is being recognized globally as one of the top 3–5 jurisdictions for blockchain. This is quite a feat. Interestingly, Malta just announced as well their foray into AI, having just struck a task force to look into developing a national AI strategy.

What can we learn from the current blockchain regulatory developments in Malta?

First and most importantly, blockchain is here to stay. Countries that embrace the new technology and its potential will be further ahead and those that try to ignore or regulate it under old, traditional structures will be further behind.

We are moving to a global economy and financial system where borders have less relevance. Blockchain holds much promise to make transactions, contracts, financial services, and other interactions between parties much more efficient, trustless and seamless. The rapid changes that we are witnessing, mark the democratization and decentralization of our economy, where people and organizations are connected peer to peer.

We are moving to a global economy and financial system where borders have less relevance. Blockchain holds much promise to make transactions, contracts, financial services, and other interactions between parties much more efficient, trustless and seamless. The rapid changes that we are witnessing, mark the democratization and decentralization of our economy, where people and organizations are connected peer to peer.

If you are interested in opportunities with Hyperbridge, or if you want some more information, or have a question, please reach out to us: hello@hyperbridge.org

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Malta Blockchain Summit: Interview with Hyperbridge’s Advisor Rob Dawson was originally published in Hyperbridge on Medium, where people are continuing the conversation by highlighting and responding to this story.

While BlockHub’s undertaking is vast, enabling developers to easily fund their projects is a critical aspect of our mission. This article discusses why a decentralized crowdfunding model is essential to the future of the blockchain, the Internet, and beyond.

A Brief History of Crowd Fundraising

In 1997, a British rock band was able to finance an entire reunion tour solely through online donations from their fanbase. With a total of US$60,000 raised in the campaign, the band went to use the same method to fund their subsequent studio albums. What the band did not know at the time was that they were pioneering a new fundraising model. The first successful online crowdfunding campaign went on to inspire thousands of similar endeavours and paved the way for millions of people to successfully fund their own projects, a process empowered through the connectivity provided by the Internet and subsequent technological advancements.

The first successful online crowdfunding campaign went on to inspire thousands of similar endeavours and paved the way for millions of people to successfully fund their own projects, a process empowered through the connectivity provided by the Internet and subsequent technological advancements.

In the United States, crowdfunding would steadily gain popularity with the launch of ArtistShare in 2003. Starting as a platform for musicians to collect contributions from their fans, ArtistShare went on to become an entirely new type of business model for photographers, filmmakers, musicians, and videographers to fund their projects. The launch of Indiegogo and Kickstarter in 2008 and 2009 respectively, added yet another major milestone to the crowdfunding landscape. Crowdfunding had swiftly evolved from platforms supporting the struggling artist into ecosystems funding everything from video games to automobiles to blockchain startups that are currently worth billions.

The Current State of Crowdfunding

By 2015, crowdfunding is envisioned to become a $93 billion industry. But those of you who have never crowdfunded a project or ever invested in one, might be wondering: “what exactly is the appeal of funding a project or pursuit via a crowd?”

Let’s look at some benefits of crowdfunding:

i) Funding through traditional means can be a long, tiring, and often fruitless endeavor. Crowdfunding provides an opportunity for projects that might not ever catch the attention of conventional investors. Furthermore, crowdfunding allows startups to validate the viability of their ideas and consumer test prior to their product hitting the market. In addition, it is possible to convert investors into loyal customers by offering them additional bonuses or incentivizes to getting in early on a crowdfund campaign.

ii) Increased marketing due diligence

As noted by Luik Westermann in the Over-Fired Broiler (OFB) crowdfunding campaign, fully funded on Kickstarter within 10 days to the tune of $102,000, “Crowdfunding this project created the opportunity for consumers to purchase a product that was the original creation of our team, not a trimmed down version designed by an investment firm looking to double its money”.

But at the same time, there are also numerous problems with the current state of crowdfunding.

Trust is a major topic of concern. As observed by IPWatchdog, ideas on crowdfunding sites are often stolen by big firms or new entrants. Startups that are not able to provide decent measures in order to be trusted by investors end up missing out.

Trust is a major topic of concern. As observed by IPWatchdog, ideas on crowdfunding sites are often stolen by big firms or new entrants. Startups that are not able to provide decent measures in order to be trusted by investors end up missing out. Others target the lack of moderation and safety nets on sites such as Indiegogo, releasing substandard products while managing to raise millions of dollars.

A report by Pando Daily in 2014 identified a crowdfunding crusade by Healbe GoBe as having many flaws, though the campaign was able to hit a $1 million funding target.

Other issues, including compliance, accounting, choosing the right crowdfunding platform, the cost of hosting, and building interest in the project, have always been difficult to solve.

Blockchain to the Rescue?

Crowdfunding found a new outfit when startups started raising funds through Initial Coin Offerings (ICOs). Since the first ICO, held by Mastercoin in 2013, plenty have taken the same path — Ethereum, Telegram, Bancor, as well as many others. The potential of ICOs has soared, especially in 2017, where projects raised incredibly large sums of money virtually within seconds. Brave, a new web browser raised around $35 million within 30 seconds, and Filecoin a staggering $200 million within one hour of its token sale going live.

These trends signal a future where cryptocurrencies and blockchain technology might drive the future of crowdfunding. With smart contracts and immutable data, blockchains will be able to build trust between contributors and projects with nothing more than the technology underneath.

Building Trust in a Trustless Future

These trends signal a future where cryptocurrencies and blockchain technology might drive the future of crowdfunding. With smart contracts and immutable data, blockchains will be able to build trust between contributors and projects with nothing more than the technology underneath.

Zero or Reduced Cost

The ability for crowdfunding platforms to use their own cryptocurrencies helps mitigate costs associated with hosting crowdfunded projects. While traditional platforms may charge up to 10% in fees, without the conventional “middle man”, blockchain platforms offer far more flexibility, transparency, and inexpensive ways to get the same job done.

A Truly Decentralized Crowd

Blockchain technology enables anybody anywhere to participate in a crowdfunding campaign. With a borderless interface, the opportunities of investing are limitless.

Immutable and Distributed Crowdfunding

Finally, the immutability of the blockchain will help secure the ideas of startups going through the crowdfunding phase, forever linking projects with the rightful authors. The blockchain will also help build secured systems that provide protection for the investor’s data.

Conclusion

A platform for developers to build decentralized applications can’t be considered complete without a way to fund the development of those applications. Which is why BlockHub will not only enable developers to develop and deploy state-of-the-art decentralized applications but will enable them to easily and securely fundraise their projects from a pool of engaged supporters. .

BlockHub will unite cutting-edge application development tools with a large and supportive community of users to enable developers to focus more on their innovations instead of being concerned about getting off the ground, due to funding troubles and financial sustenance concerns. The future of the Blockchain, after all, is the hands of its developers, and we want to make sure that the best and the brightest have access to the capital and support necessary to succeed and thrive.

Crowdfunding & Voting Function

One of the core functions of Blockhub will be the ability for developers and studios to crowdfund and launch their games and projects. Developers will have the option to submit a fundraising application in order to raise money for their applications or projects. This will be done by setting up a smart contract that stipulates a specific development trajectory in exchange for contributions to the project from the larger community. All of the money raised will be held in tranches until specific development goals are reached. If funds are not needed or if developers do not meet their stated aims, then funds will be returned to the contributors.

One of the core functions of Blockhub will be the ability for developers and studios to crowdfund and launch their games and projects.This is a similar process to that of established crowdfunding platforms, like Kickstarter; however, due to the decentralized nature of Ethereum, processing fees, and third party rules have been eliminated.

This is a similar process to that of established crowdfunding platforms, like Kickstarter; however, due to the decentralized nature of Ethereum, processing fees, and third party rules have been eliminated.

Our mandate is to empower creators, and through blockchain technology we are building decentralized protocols and an easy-to-use digital distribution platform to do just that.

Hyperbridge’s token sale is coming up on November 10th. Don’t miss it out, join our sale here.

If you are interested in opportunities with Hyperbridge, or if you want some more information, or have a question, please reach out to us: hello@hyperbridge.org

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The Past, Present & Future of Crowdfunding was originally published in Hyperbridge on Medium, where people are continuing the conversation by highlighting and responding to this story.

Dear community members,

We would like to thank you for your support and engagement on our social media channels!

In the past few months, our team reached several important milestones , including the completion of the crowdfunding protocol for our digital platform Blockhub, signing a game studio partnership with Frag Games, and getting onto the Top-50 by trading volume crypto exchange LATOKEN.

As our token sale is happening in four days, we plan to expand our activities and representation in different regions. We extend our invitation to you, our community, to participate and collectively shape our next initiative — the Street Fighters ambassador program!

Are you a blockchain enthusiast!? Do you love gaming!? Does the mission statement of Hyperbridge — Empowering Creators — resonate with you?

We are looking for passionate, community-minded people who believe in innovation and democratization of access to technology to hit the streets and spread the word of Hyperbridge internationally.

Hyperbridge is committed to removing the barriers developers face in creating truly awesome blockchain games. We believe that by providing them with the tools they need to crowdfund, incentivize users, and tokenize unique assets we will accelerate the pace at which they can launch and promote their games to engaged audiences.

Does the mission statement of Hyperbridge — Empowering Creators — resonate with you? Are you a blockchain enthusiast!? Do you love gaming!?

If so, we want you to get in touch with us to discuss how we can work together to make lasting value for Hyperbridge and yourself.

You are:

• Knowledgeable and active in the blockchain scene.
• Have connections in the blockchain community of your region.
• Great communicator and able to engage the public and organize events
• Have an online presence on the main social media platforms (Facebook, Twitter, Reddit)

As Street Fighters Ambassador you will:

• Act as our regional community managers or/and social media representatives, content creators
• Attend blockchain and gaming meet-ups and conferences.
• Organize meet-ups and other gatherings, be they physical or online for developers, gamers or interested parties (a budget will be provided for by Hyperbridge).
• Create the original content and make Hyperbridge a visible presence both online and offline.
• Reach out, inform and engage with newcomers to the Hyperbridge Economy.
• Proactively and creatively look for ways and means to further awareness of Hyperbridge.

Benefits of being Street Fighters Ambassador:

• The opportunity to work in the cutting-edge field of blockchain, gain invaluable experience, skills, and knowledge from our team.
• Access to the startup’s resources and social networks.
• The ability to connect with other members of the ambassador program, to increase your own crypto network, gain access to invaluable knowledge and expertise.
• Attend international crypto events with members of the Hyperbridge Team
• Receive Hyperbridge promotional package and swag: T-shirts, hoodies etc.

If your stint as a Street Fighters Ambassador is successful, there is a very good chance that following our token sale we will look to solidify our relationship and hire you as a permanent member of our team.

Next Steps:

Get in touch with us to discuss the opportunity of becoming a Hyperbridge ambassador, including compensation details. To apply email us with short one-page motivational letter and CV at hello[at]hyperbridge.org.

Apply for Hyperbridge Ambassador Program was originally published in Hyperbridge on Medium, where people are continuing the conversation by highlighting and responding to this story.

Fall is finally here and we cannot get enough of golden and red colours! We hope that you are enjoying this beautiful season as much as we do.

We are also working hard to make things happen prior to the start of our token sale. The last few months have been really eventful and we are excited to share the main updates with you.

Development Updates

Desktop Demo Version

The desktop version of BlockHub V0.6.0(Preview Build) is here! It comes with a lot of new features, including:

• Revamped account creation
• Token sale screen (transactions pending)
• Better desktop error integration
• Fixed profile bugs
• Added native menu options
• New UI features: new welcome box, left sidebar scroller, slim header version, token in header

Download and try it out here.

Crowdfunding Protocol: Completed

The Funding Protocol (Crowdfunding) is now completed! The protocol allows BlockHub users to a) propose project ideas, b) specify funding requirements, c) outline contribution incentives. Watch the video for more details.

Partnerships

Exciting News! We’ve just signed a new game studio partnership with Frag Games.

Frag Games is a game studio producing both 2D and 3D games on mobile, tablets and PC. Since its doors opened in 2013, FRAG Games delivered 40+ projects on PC, Web, Android, iOS, VR and AR. The game studio specializes in Unity and Unreal Engine 4.

Frag Games is currently creating a CCG (collectible card game) that aims to dominate the massively popular genre. This partnership is a big step forward for Hyperbridge to demonstrate the real world usability of our technologies and help in the adoption of blockchain technology.
More details about the partnership in this post.

Bounty0X Campaign

Participate in our social media campaign for a chance to receive up to $740 in HBX tokens. Join here.

Hyperbridge on Exchange Listing

Also, new exchange listing announcement is coming up on Monday, October 29. Follow us on Facebook and Twitter for more updates!

New Hyperbridgers

We are very excited to welcome our new exceptional team members and advisors aboard. In the next few months, expect more innovative initiatives and projects coming out of our creative hub.

Team Members

(From Left to Right)

Anh Phan Vu
Communication Manager
LinkedIn: Anh Phan Vu

Anh is a researcher at GeNA Lab with an interest in open data, blockchain, and social movements. She has been working for two years in the area of social media marketing in nonprofit and education sectors. Anh will be developing and implementing our communication strategy and working on creating new engaging campaigns with the rest of the team.

Atif Mahmud
Product Development Manager.
LinkedIn: Atif Murtaza Mahmud

Atif is a student at The University of British Columbia’s Department of Electrical and Computer Engineering on co-op with Hyperbridge. He has diverse experience in software and web development both in research and industry, and plans to merge his passion for technology and business to bring Blockhub to life.

Vlady Zhyliaiev
Social Media Manager
LinkedIn: Vladyslav Zhyliaiev

Vlady is a gaming enthusiast and an early crypto adopter. He has considerable experience in setting up trustworthy relationships with indie game developers and organizing campaigns to raise awareness about new releases and boost the community engagement. Vlady also pays close attention to cryptocurrency market developments by staying on top of all the current crypto news and events.

Advisors

Alexandra Moxin
LinkedIn: Alexandra Moxin

Alexandra is CEO and Founder of Advance Tech Media and host of the Advance Tech Podcast. She is also a Founder and CEO of the Cartera Group of Companies parent company to a digital services company and a distributed social networking platform (currently in stealth mode). Alexandra currently advises the companies specializing in Bitcoin and blockchain initiatives and has given talks at conferences and for private groups both nationally and internationally.

Peter Chow-White
LinkedIn: Peter Chow-White

Professor and Director of the School of Communication at Simon Fraser University. Peter is founding Director of the GeNA Lab where his team researches the social impact of big data, information communication technologies, and blockchain. He works with industry partners to build next generation communication technologies in health and genomics, social media, blockchain, sports, and big data.

Media Highlights

Media Mentions
Is it Time for Game Developers to Move Away from Steam and Kickstarter? — by How To Token

Our Blog Posts
KYC — It’s Time! — Time to KYC for the token sale.
The Quest for Better Market — Openness and the world of dapps.

Past & Upcoming Events

Baltic Honeybadger | Riga, Latvia
Our advisor Alexandra visited the major blockchain conference in Latvia dedicated to Bitcoin and technologies built around it. The event involved high-profile speakers from all around the world and different backgrounds — from technical engineers and cybersecurity professionals to business owners and bestselling authors.

TEAMZ Blockhain Summit | Tokyo, Japan.
Eric, our director of technology, represented Hyperbridge at the key blockchain event in Tokyo connecting trusted investors, blockchain projects, media, and influencers in all sectors to contribute to the emerging global blockchain ecosystem. Over 2000 participants and more than 50 countries represented. The summit had “an excellent representation by a diverse range of verticals. Lots of energy in the air” (Eric).

DevCon | Prague, Czech Republic.
We will be in Europe from October 30 — November 2 for the biggest Ethereum developer conference. Hope to see you there!

Hyperbridge Connect is maintained by Hyperbridge Development Team. Please send feedback to hello@hyperbridge.org, or to @hyperbridge on Twitter.

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Hyperbridge Connect #3 was originally published in Hyperbridge on Medium, where people are continuing the conversation by highlighting and responding to this story.

FRAG Games is currently creating a CCG (collectible card game) that aims to dominate the massively popular genre. Much in the way HearthStone captured the imaginations of gamers, their game, Epic Battles of History, will create a world that shares similar game mechanics.

What sets EBOH apart from the previous games of the similar genre is the exclusive-to-blockchain integrations that will enable massive audience engagement and tokenized assets that are tradable for real cryptocurrency.

EBOH will utilize BlockHub, our protocol-driven platform, to propose crowdfunding campaigns to its audiences. Using these protocols, contributors will have direct means to influence the development trajectories of the project.

We are very excited by and appreciative for the opportunity to demonstrate the real world usability of our technologies and to help in the adoption of blockchain technology! Stay tuned for more details.

New Partnership with Frag Games was originally published in Hyperbridge on Medium, where people are continuing the conversation by highlighting and responding to this story.

We are very pleased to announce our newest addition to the Hyperbridge advisory team, Alexandra Moxin, CEO and Founder of the Cartera Group of Companies parent company to a digital services company and Cnecct the distributed social networking platform currently operating in stealth mode.

Additionally, Alexandra is Founder and CEO of Advance Tech Media and Hosts the Advance Tech Podcast showcasing an impressive array of innovators and technology experts who are defining the technology of tomorrow. Alexandra is dedicated to advancing the research and responsible application of bleeding edge technology and in just one year has grown a global audience base to over 250,000 listens.

Read more…

Click above to read the rest of the story on the official Hyperbridge blog!

If you would like to help us build our community and earn HBX tokens, please sign up for the private platform beta (now live and being tested), or our official airdrop.

If you are interested in opportunities with Hyperbridge, or if you want some more information, or have a question, please reach out to us: hello@hyperbridge.org

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Welcome Alexandra Moxin to Hyperbridge was originally published in Hyperbridge on Medium, where people are continuing the conversation by highlighting and responding to this story.

Dear Hyperbridge Community,

The Hyperbridge team is pleased to announce that we have recently gone live with an updated airdrop campaign for new and existing airdrop participants!

In order to participate in the new airdrop, and to make yourself eligible to receive the tokens from the first airdrop, please click the link below and follow the instructions provided.

Please visit www.hyperbridge.org/airdrop to register

Due to technical difficulties experienced by our previous airdrop provider, incomplete information was received from participants. We apologize for the inconvenience this poses to those who already registered, but in the interest of fair distribution to all, we are asking all participants to provide updated info.

Please Note: Our private sale is ongoing and take advantage of a discounted token price. Sign up for the whitelist here: https://hyperbridge.org/whitelist

Eligible for the Airdrop?

Everyone is eligible, provided you complete the steps outlined on the registration form.

Earn Free HBX tokens?

This airdrop will have a tiered structure, so the more you do the more tokens you will be eligible to receive.

Read more…

Click above to read the rest of the story on the official Hyperbridge blog!

If you would like to help us build our community and earn HBX tokens, please sign up for the private platform beta (now live and being tested), or our official airdrop.

If you are interested in opportunities with Hyperbridge, or if you want some more information, or have a question, please reach out to us: hello@hyperbridge.org

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Hyperbridge Token (HBX) Airdrop Announcement was originally published in Hyperbridge on Medium, where people are continuing the conversation by highlighting and responding to this story.

Dear Hyperbridge Community,

Thank you everyone for your continued interest in Hyperbridge. There’s been some exciting developments here at Hyperbridge we are eager to share with you. These developments have impacted the timeline of our HBX Public Token Sale (PTS) and we need to move the start date from July 20 to November 10, 2018. We’ve always been committed to getting Hyberbridge right. Our core values are 100% commitment to our token holders and users, and to create cool, innovative technology that empowers people and makes a positive contribution to the decentralization movement.

We think this short delay is going to be better for the Hyperbridge community in the long run.

Read more…

Click above to read the rest of the story on the official Hyperbridge blog!

If you would like to help us build our community and earn HBX tokens, please sign up for the private platform beta (now live and being tested), or our official airdrop.

If you are interested in opportunities with Hyperbridge, or if you want some more information, or have a question, please reach out to us: hello@hyperbridge.org

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Public Token Sale Update was originally published in Hyperbridge on Medium, where people are continuing the conversation by highlighting and responding to this story.

Imagine a world where integrity and openness are incentivized. In this open source world, data would be secure while remaining in the hands of the many. The flow of information would not be firewalled by big businesses. Instead, the very market that enables a transaction would be incentivized to secure that transaction ensuring that it passes through the fine comb of verification with flying colours.

This very scenario is unfolding within the world of dapps. A dapp (or decentralized application) is a relatively new concept, but a strong and generally accepted definition and framework can be found within the DApp Whitepaper: The General Theory of Decentralized Applications, Dapps by David Johnston, et.al:

The application must be completely open-source, it must operate autonomously, with no entity controlling the majority of its tokens, and its data and records of operation must be cryptographically stored in a public, decentralized blockchain

A DApp has the following characteristics:

1. Tokens must be necessary for the use of a DApp and any contributions from users should be rewarded by payment in a DApp’s tokens.
2. Tokens should be generated according to a standard algorithm or set of criteria.
3. Some or all of a DApp’s tokens may be issued at the beginning of the Operation.
4. A DApp may adapt its protocol in response to proposed improvements and market feedback but all changes must be decided by majority consensus of its users.
5. A DApp must be completely open-source and operate autonomously, with no single entity controlling the majority of its tokens.
6. The operations, actions, & decisions of any DApp governing bodies (such as a foundation to distribute tokens for development) must be cryptographically stored in a public, decentralized database such as a blockchain.”

Why is this useful?

As an example, take Youtube, a digital marketplace of attention. Recently, there has been dissatisfaction with Youtube’s flagging system. Popular Youtubers and their fanbase have vehemently voiced their opinions on the new AI used to take down videos — and it has not been positive.

Read more…

Click above to read the rest of the story on the official Hyperbridge blog!

If you would like to help us build our community and earn HBX tokens, please sign up for the private platform beta (now live and being tested), or our official airdrop.

If you are interested in opportunities with Hyperbridge, or if you want some more information, or have a question, please reach out to us: hello@hyperbridge.org

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The Quest for a Better Market was originally published in Hyperbridge on Medium, where people are continuing the conversation by highlighting and responding to this story.

With the advent of solidity programming language and the rise of Ethereum, “an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract (scripting) functionality” the rise of decentralized applications officially began. As of today, there are over 1,600 dapps in operation, ranging from games, gambling and media to payment options, finance, governance, identity and beyond. Generally speaking a dapp is equipped with the following features: i) open-source ii) autonomous iii) no central authority iv) data/records stored in a public, decentralized blockchain v) user-consensus, and vi) a cryptographic token that is used for transactions and incentivization.

With these qualities, paired with all of the innovation spinning out of the decentralized and open-source atmosphere, a new economic form is being established, one that integrates and upholds the virtues and sensibilities that many conventional economic systems have lost.

Free & Secure

In the light of recent security breaches protection of data and user information is being taken far more seriously. The economy of the future is being built around decentralized platforms and dapps, and will focus on providing what technology users increasingly crave: security, choice, utility and freedom. While platforms and dapps implementing blockchain technology with user-focused governance models arguably form with security, transparency, and user-value central to their model, it will remain essential that users and developers alike seek out and populate environments that uphold and maintain that which they value.

The continued development of a vast array of decentralized platforms means users have choice in the digital environment that best aligns with their specific needs and values. This is leading to a marketplace of healthy competition where platforms must compete for users to populate their network, meaning that those platforms which maintain an adherence to security and service, those that are upholding the will of their users, will grow and succeed, and those that are not, will lose users to their superior counterparts.

Eliminating the risks of centralization

When considering the reasons why decentralized applications are poised to replace traditional centralized services and experience mass adoption, security and the integrity of data are at the top of of the list.

Replacing older channels of distribution would necessitate content delivery dapps, dapp stores, and other decentralized applications to be hosted, not on centralized networks like the Google Play Store, but on a decentralized system. Encouraging and upholding the dictates, or lack thereof, of true decentralization means the technology community and users will be able to eliminate the censorious and discriminatory mediation that comes with centralized platforms like the Apple App Store, which recently tightened its rules on the type of cryptocurrency-oriented apps that could be listed.

Read more…

Click above to read the rest of the story on the official Hyperbridge blog!

Securing a Future with Decentralized Applications was originally published in Hyperbridge on Medium, where people are continuing the conversation by highlighting and responding to this story.