This weekly update is written by the community for the community, to bring you all the latest Syscoin, Blockchain Foundry and SCMT news! Thank you to our Slack member @blgh for compiling this update. Weekly updates, other articles and a lot more can also be found on the new syscoin.community website!

Syscoin, SCMT, and BCF News

Jag and Marc are Pitching BCF in Dubai

Syscoin Co-Founder and Blockchain Foundry CTO Jag Sidhu and CSO Marc Nicholson are pitching innovative Blockchain solutions in Dubai where Blockchain Foundry has been selected by Dubai Tourism & Union for the Gitex Future Stars Blockchain Competition.

Mini-proposal: Sysbonanza

Winners of the monthly mini-proposal fund this month, James (Slack, Telegram) & Moo_Baa successfully kicked off their Sysbonza lottery! The lottery involves listing personal items to sell on Blockmarket and then tweeting those listings for a chance to win up to 1000 Syscoin. Here are the contest rules.

Round 1 has started will be live till Friday 19th. Round 2 and 3 are yet to be scheduled, so stay tuned.

A New Mini-Proposal Round.

Community Mini-Proposal round 5 is open! Are you a forward-thinking developer or someone with a novel idea for guerrila marketing? Submit your governance mini-proposal and receive up to 500$ worth of @Syscoin this month!

Vote for Syscoin to be listed on Netcoins.

Syscoin Community Developers on Trello

Trello board update:

New project added: Opensource Syscoin Web Marketplace (opensource) by Curious Cosmos. Check it out here.

Keep up-to-date on noteworthy projects started by developers of the Syscoin Community, through our Trello board. Join the community-dev channel in #Slack and help shape the future of #Syscoin: http://join.syscoin.org

Summary of the weekly AMA with Dan Wasyluk

Dan: “Yeah there has been a lot of progress on SYS4 imo in terms of getting clear on what that next chapter looks like. By the end of the week we’d actually started slinging code towards SYS4, and working towards getting a bunch of stuff that was on whiteboard earlier in the week operating on a testnet so im looking forward to validating our hypothesis on that testnet, and then being able to properly announce some things. Its going to be enabling smart contract execution in a way that expands the capabilities of sys assets but also complements and extends the current core services and of course all in a scalable and fast way which is the biggest challenge. I think we have a good strategy towards that now in an MVP-like way with a first milestone that’s still pretty major and would be a first for any coin”.

Dan: “Still exploring FIAT to SYS and vice-versa and there is progress on this topic. We certainly have a partner that will enable fiat to crypto in certain locales at the moment, we are looking to expand that to more locales asap so we are continuing to work on that front. I think that figuring out how to make this stuff useable is big not just for ecommerce but for any web-based blockchain experience. There isn’t any specific timeline on Pangolin atm since that work occurs based on available resources vs other client work but we are dedicating as many resources to it as we can and its moving forward very well. We’ll be participating in the community Syscoin roadmap that’s forthcoming and will have Pangolin on it, so there will be visibility on progress form that perspective right now the strategy for that roadmap is more cardano-like (percent progress on multiple initiatives, updated monthly) and that’s what we’ll be keeping people updated through.”

Dan: “Regarding the development of BMW and the way that can attract more attention for Syscoin and BCF is something we want to do, once we have a bit more on the books it’s a lot more feasible for us to focus on that. There is also critical infrastructure that needs to exist first which is what we are focusing on ie: Pangolin and SYS4.”

Dan: “We are busy on that testnet too we are eager to publish a SYS4 vision/roadmap etc which will further extend the real world use cases for a lot of stuff the SYS chain can do. There is a lot of interest in the various things SYS can do for governments as well and right now I think Jag and Marc are fearlessly flying to Dubai to pitch them on SYS for tourism. Furthermore, we have conversations ongoing with Mongolia and the Bahamas as well; we are working on deploying a real SYS DID too. Exciting stuff”.

Dan: “BCF will acquire some sys4 during the hard fork, but management of the github and general project direction will sit with the foundation. That is the plan so far, this is all still in planning ofc while we validating some key hypothesis on the technical side. Though we have done some legal work to ensure we (BCF) can take on tokens like that in a regulatory compliant manner as we’re a public company and all and it seems like the path there is well-defined we’re also moving forward while trying to get the foundation setup in a more affordable locale for our goals.”.

Dan: “I think integrating ZDAG into POS terminals would be valuable as well and its something we are working on exploring. I can’t speak to timeline, I want to be able to release something in the next 1–3 months but a lot of that is dependent on the ongoing work we are doing on testnets and the client pipeline as well. We are trying to keep SYS4 people focused on that as much as possible. There may be products before SYS4 is even done if some of these clients proceed with the implementation phase. Like I can already see the prospect of building a tokenize-real-world assets app that is built by us for a client, but then made available to others and distributed through and app-store like model that can function on top of any blockchain that supports colored coins.”

Want to read more? Check out the full AMA here

SCMT Twitter account

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For more information visit Syscoin.org