Matchpool Macthmaking Competition in Paris

Matchpool Macthmaking Competition in Paris

This Valentine’s Day is set to be special for Blockchain as distributed matchmaking platform Matchpool holds its dedicated launch event in Paris with reward up to 1 BTC

The idea behind Matchpool is to enable anyone, anywhere to set up their own matchmaking community, which they can monetize, the company said in a press release.

With an explosion of new websites and apps, the online dating industry is continuing to grow as today’s singles increasingly turn to the Internet to find their perfect match.

Online dating is no longer seen as a last attempt for the desperate and lonely but rather as a way to expand one’s dating pool.

“Many online dating services use subscription-based models that do not align with the interest of the user,” said Yonatan Ben Shimon, CEO of Matchpool. “Our vision is to let anyone become a matchmaker in their own community to facilitate a more natural online dating experience for everyone involved.”

Opening a pool will be free of charge and a “host,” or a pool founder, will have several ways to monetize it: either charging a recurring subscription fee, or by charging for matches.

The platform will come with its own appcoin, the Guppy token, which will be used to incentivize participation. Ethereum smart contracts will handle the trust-sensitive ownership and reward structure within the platform, as well as the core logic which makes it work.

Although the Matchpool app itself will not be used, the Paris event will be a physical meet-up where some of Matchpool’s core principles will nonetheless be played out. Attendees will help match others at the event, with the person attracting the most matches winning a prize.

Yonatan is also setting about creating fair access for pools which may at first contain only a few users or those from a narrow spectrum of people.

“Pools can be configured with a “Matchlock” so that when a person of one set of demographic specifications enters, entry to the pool is locked for others of the same type until someone of the opposite demographic enters,” he explained.

“This is a very useful feature which allows the founder to specify in detail the kind of community they want to create.”

The Blockchain’s immutability lends itself as well to declarations of love as it does to real estate deeds. Beyond this, the Museum of Named Diamonds even allows love stories to be recorded on the Blockchain itself.

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