Progress Update — July 2018

kambrianetwork (45)in #blockchain • 6 years ago

Dear Kambria Community,

In the past month, we made huge strides in both development and marketing. Below is a recap of what we have achieved since our last progress update.

Development
Codebase

We completed the first version of smart contract for the Codebase — one of the 5 pillars of Kambria platform. Every codebase now has an on-chain reference that tracks ownership, accepts donations, as well as prizes from winning bounties and competition.

Bounty & Competition

We also finished the smart contract for Bounty & Competition with the following features:
~Ability to create bounties and competition on-chain

~Creator seeds an initial amount of KAT which is locked in the smart contract

~Additional sponsors can contribute more to the prize pool by staking their KAT

~At the end of the competition, prize(s) will be distributed to the winner(s) proportionally

~We are currently working on a protocol for fair selection of judges and algorithm for judges to determine winners. This feature will be released in the next version of Bounty & Competition smart contract.

Marketing
On the marketing side, we completed our first Sticker/GIF Contest and received fantastic submissions by some very talented people within our community. You can see the award-winning entries at https://bit.ly/2ubg47T

We also launched our first bounty campaign on Bounty0x which will end on August 19. Make sure to join our campaign if you have not done so! https://beta.bounty0x.io/hosts/Kambria

Token Sale
We are thrilled to announce that we met our softcap requirement and decided to close our private sale to focus on the development of the platform. Regarding future rounds, please subscribe to our channels for announcements.

Please stay tuned for more updates!

The Kambria Team

Website: https://kambria.io/
Whitepaper (ENG): https://kambria.io/Kambria_White_Paper_v1.1.pdf
Telegram (ENG): https://t.me/kambriaofficial
Telegram (KOR): https://t.me/KambriaKorea
Telegram (VIE): https://t.me/KambriaVietnam
Telegram Announcement Channel: https://t.me/kambria
Twitter: https://twitter.com/KambriaNetwork
Facebook: https://facebook.com/KambriaNetwork
Reddit: https://www.reddit.com/r/KambriaOfficial/
Email: [email protected]