Capturing the State of Crypto in 100 Bitcoin

in #blockchain7 years ago (edited)

Imagine a snapshot taken of the world of cryptocurrency from 50,000 feet, back in 2014. A bird's eye view that showcased up-and-coming platforms, exchanges and conventions next to 'oldtimers': coins and communities that had already been around for four or five years. A kaleidoscopic collection of logos that captured the Zeitgeist of the distributed ledger universe after its first lustrum.

Such a record of history was never created. Few people nowadays can recall what that landscape looked like in much detail. Most crypto enthousiasts today weren't even aware of the space being out there, beyond a faint notion of Bitcoin as a novel idea in the minds of tech-savvy idealists.

That same space, 9 years old in early 2018, has barely grown out of its infancy. Mass adoption of distributed ledger technology and its promises of immutability and permanence of data, and trustlessness between parties while fully trusting transactions between them, hasn't taken place beyond a handful of successes in the financial sector. A group of techies and traders are actively investigating new projects, but for most the space remains a domain of speculation at best. The space itself is far from settled, with new protocols launching weekly, but with few actual use cases built on its myriad platforms due to limited understanding of its operation and SDKs.

A new site intends to both preserve the crypto Zeitgeist of 2018 as well as educate developers about its many platforms and protocols. The site offers a place in its State of Crypto snapshot - complete with PR awareness opportunities and bragging rights - to a restricted number of approved tokens, exchanges, platforms and communities. Capturing logos and website URLs into a large mosaic consisting of a grid of 271 blocks. Requests for inclusion in the State of Crypto operate on a first come, first served basis, offering the best spots and most exposure to its earliest adopters. As soon as the last block is filled, the final kaleidoscopic landscape is preserved for good by having its hash added to a Bitcoin transaction, timestamping this temporal world view of crypto and eternalizing it into its most prominent blockchain.

The 100 Bitcoin Website is named for the bold and playful financial model driving it. Reminiscent of the 1 million dollar homepage, a site built in 2005 to fund a British student's education, the 100 Bitcoin Website is set up to raise a maximum of 100 bitcoin when sold out. Each block on its grid is priced according to size, with 220 smaller blocks running at 0.1 bitcoin, 48 larger blocks at 1 bitcoin and three blocks in the center of its grid, offered at 10 bitcoin each.

The funds raised will be used to kickstart the creation of a community-driven, vendor-neutral learning platform geared towards blockchain development. The learning platform with initial focus on creating and distributing study materials for highschool and college students across the globe and easy-to-follow tutorials for self study. As it grows, it aims to be the world's foremost learning platform covering all protocols of distributed app and smart contract platforms to promote adoption of distributed ledger technology in all industries.

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