Video - Matchpool Will Make You Fall in Love with the Blockchain

Matchpool uses group dynamics in order to help as many participants as possible to find love. It can also be used as a more generic platform for any kind of paid membership community, which can clearly define two sides of a desired interaction or market.

TRANSCRIPT

Was your valentine’s day a bit of a disappointment?

Have you been let down by matchmakers in the past?

Well lucky for you it’s 2017 and the time has come to introduce the immutability of the blockchain to matchmaking and dating apps.

There is a brand new decentralized dating and matchmaking protocol called Matchpool.

I think this is such a cool way to bring blockchain tech and crypto currency to the masses.

Here’s the low down from bitcointalk.org

Matchpool uses group dynamics in order to help as many participants as possible to find love.

It can also be used as a more generic platform for any kind of paid membership community, which can clearly define two sides of a desired interaction or market.

Matchpool users will divide into two catagories – Joiners & Hosts.

Joiners who wishes to enter a pool of their choice, will have to pay the pool’s requisite entry fee, which will be defined at the creation of that Pool by the Pool’s Host.

In addition to this one-time registration fee, a monthly membership fee will be paid to the Pool.

All payments will be held in an Ether based smart contract and will be processed using Matchpool’s network own token Guppies (GUP).

On the other side, users can also play the role of Hosts and Matchmakers.

The host will be the one who opens a custom Pool and gets dividends from its revenues.

Matchmakers or Helpers as they are defined in the system can propose matches between two other joiners who they believe would be good partners.

Those two joiners are then notified and if they both accept, the event is added to their public notebook, and the Matchmaker get rewarded.

Both the Host of the pool and its matchmakers are entitled to shares of the Pools subscription and monthly fees, paid with the guppies token The first 200,000 Users will get rewarded with GUPs

They’ve also opened up the possibilities for dapplets.

These are basically add-ons created by developers who want add to the Matchpool protocol.

One example would be a Dapplet that implements “Tinder” functionality, so users can swipe through other users.

If one of their apps creates a match, then the Dapplet developers are rewarded similarly to Matchmakers.

The ICO for Matchpool begins on March 25 and will last for 28 days. Mark your calendar so you have the chance to be a bit of a venture capitalist on this one.

Written by Melvin Draupnir on February 20, 2017.