Matchpool Continues Progress After Successful ICO

JERUSALEM, October 5, 2017 /PRNewswire/ --

Matchpool, the Israel-based blockchain collaboration startup, continues to advance post-ICO. The company has recently partnered with Snip to provide Guppy tokens as reward for writers within the Snip platform. Further, they have been invited by QTum to be the first social network DApp within the QTum ecosystem. Finally, the startup has recently added new token payments for participating in pools within the platform. All told, the company is making strong advances in development and deployment.

The major announcements come at an exciting time for Matchpool, after the company concluded its strong ICO, raising a confidence-building $5.7 million in just 48 hours. The company has not loitered to enjoy its successes, however, and has proven its value to investors by quickly making important partnerships and technology updates.

Snip is a news platform for short, concise news bites that allow for high volume news consumption with low time investment. On the Snip platform, readers are able browse personalized news feeds in succinct form, created and promoted by a community of writers.

Matchpool members can now refer new article writers for publication on Snip. Once a writer has joined Snip and published an initial article, the referrer will be paid a bonus in either Guppy Tokens or Snipcoins as a reward. The partnership will drive mutual traffic to both systems, allowing for increased business growth.

Additionally, Matchpool has partnered with QTum to create a new social networking and matchmaking Dapp. The partnership allows Matchpool to utilize the QTum Proof-of-Stake blockchain technology, allowing Matchpool new access to technical capabilities that were previously outside of its capacity.

Matchpool CEO Shimon praised the partnership, saying, "We're really excited to be launching the platform onto the QTum blockchain. We see a huge potential positioning ourselves on to use their technology to make our protocol much more efficient when dealing with transactions across the network."

Finally, Matchpool has announced an upgrade to the payment platform within its Alpha version that allows users access to and functionality with the company's Guppy tokens.

Taken together, the news amounts to a huge leap forward for the Matchpool platform, proving the validity of its strong ICO showing.

Contact:
Itai Elizur
[email protected]

SOURCE Matchpool