Blockchain News

Block.one Hosts Puzzle Smart Contract Challenge With $200k Prize Money

Block.one called out to all blockchain enthusiasts to solve a smart contract blockchain puzzle. The company pegged the prize money at a whopping $200,000; the winner takes it all.

The detailed announcement was made on DevPost of EOSIO on February 3,

Rules of the competition specify that participants have to make use of EOSIO smart contracts according to specified technical requirements. The panel of judges will be inspecting the entries around every 90 days.

The competition finishes the moment somebody succeeds in solving the problem or after one year from the beginning of the competition, whichever is earlier. Whoever manages to solve the first, be it an individual or a group, gets the reward.

Block.one developed the EOSIO blockchain. It is a proxy PoS blockchain that hosts smart contracts. Developers can create their own DApps on this blockchain.

EOSIO hosts the crypto asset, EOS; it became famous for running an ICO for a year. Block.one raked up $4 billion through the coin offering.

Markus Brown

Markus Brown is a full time news editor at CryptoMoonPress. He has five years of writing experience with well-known publishing companies. Currently, he serves his valuable price analysis articles and manages our writers team for content writing and curation. In his free time, he enjoys football and badminton.

Recent Posts

Must-Watch Tokens in 2024 with 100X potential: OZO, DOT, and ADA

The crypto market has been on a roll in 2024, with most coins enjoying a…

3 months ago

Ozone Chain (OZO) Price Prediction 2024 – 2030

Ozone Chain is the world’s first Quantum resistance blockchain. It is credited with integrating Quantum…

5 months ago

Expert puts XRP price at $7.5, Dogecoin (DOGE) to touch $0.4, safest bet to take

Crypto experts have issued bullish outlooks for XRP and DOGE. Based on their predictions, XRP…

7 months ago

Crypto whale spends $137 million on Ripple’s XRP and this viral Ethereum

The cryptocurrency community has taken notice of a well-known crypto whale who made a stunning…

7 months ago

O2T becomes bigger than BONK coin, investors prepare for 50x rally after June 10th

In the rapidly evolving world of cryptocurrency, new tokens frequently capture the market’s attention, promising…

7 months ago

ETFSwap (ETFS) presale shatters expectations, raises $2M and $100,000 in the last 24 hours

The trending Ethereum-based project ETFSwap (ETFS) has set the crypto world on fire with its…

7 months ago