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Status News and Price Overview: SNT +2.57% in last 24 hours! Meme Competition Results. Thursday, July 26

26 july 2018, 19:45 by Tim Jackson

Important Status News

Hackathon Announcement

In order to help develop the cryptocurrency and blockchain scene Status has announced that they will be hosting a hackathon: "Join us in Prague, Oct 26-28 as we look to #buidl the future of a better web. We're hosting a hackathon in Prague right before DevCon4."

They noticed that today's developer who try to get into writing programs and dapps based on the blockchain technology and ethereum smart contracts come across various problems: "People are lacking the granular insight that is required - along with the right mindset, philosophy, and paradigmatic approach to writing smart contracts. The biggest problem is bringing synchronous patterns into smart contracts. People still are not understanding what is actually happening beneath their code. They know it is "distributed", but what does that mean to them?"

Meme Competition Results

All of the developers and project managers know that the most important part of their platforms, dapps and programs is the community. The people who will be using their creations and who empower and accelerate the sole ecosystems.

Status came up with an interesting way to incentives its community and spread awareness about decentralization, cryptocurrencies and blockchain technology. In the sum up post on their blog we can read: "We're glad that our community is just as passionate about decentralization as we are! #BraveNewMemes went off without a hitch. We saw so many unique and innovative submissions that made us laugh and feel the absolute energy of our entire community."

There were two prizes in the competition, one was given out by the community to the most liked and retweeted meme and the second one was chosen by the special judge. "The total amount in SNT rewarded is $1000 which was timestamped at 12:00 PM EST at 6622.5 (heh) SNT per winning submission!"

You can find the winners and their pictures in the official status blog post. 

Status Price

SNT/USD Price Chart, Thursday July 26th:

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