The main part of the ICON ICX TX Challenge, stress testing, ended 2 weeks ago. The secondary element for ICON developers now has less than 3 weeks to run. The BLOC8 team has produced this handy summary for the 10 judges to consider when reviewing the blockchain services of each team.The BLOC8 business model is used by other social media networks such as Facebook, Instagram and Twitter i.e. free for users but with the potential for huge revenue streams from advertisers on the network.
Gambling DApps can lead to depression and even suicide in severe cases. Gambling is considered sinful by many. “For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.“
Gaming DApps can become addictive and scientific research has shown that some gamers suffer from lack of sleep, poor cardio-metabolic health and obesity. Co-author of the 2016 study, Dr. Katherine Morrison wrote “It affects a vulnerable population of children and youth, can impact social interactions amongst youth and, as our research shows, can drive health issues.“
In contrast the BLOC8 blockchain service has the potential to be a real life saver. In addition, with the right marketing, it will generate millions of transactions every day for decades to come. These transactions will go a long way to cover the inflationary effect of staking and P-Rep rewards.
ICON is touted as the Ethereum of South Korea but it’s a small geographical area of just 51 million people. DApps written in Korean have a very limited user base whereas 20% of the global population understands English. DApps in English exposes ICON to at least 1.5 billion people.
As far as we know BLOC8 is the only team using a blockchain feature that helps prevent bad actors in crypto from stealing ICX from ICONists. We will release details of this feature to the judges just prior to the 31 July deadline.
BLOC8 already gives away ICX to our members. We know it sounds like your typical crypto scam but remember we are primarily blockchain evangelists, not investors or coders. When BLOC8 receives the outstanding ICX from stress testing the ICON network our very innovative airdrop will go live. We also have contractors on stand by to add additional features to the DApp.
BLOC8 the Bard of blockchain. In recent weeks BLOC8 has probably generated more ICON Foundation social media posts, directly or indirectly, than any other participant in the ICON ICX TX Challenge.