Firstly, we would like to wish our MagnaChain community happy holidays and a very prosperous and Happy New Year! 2018 has certainly been full of its ups and downs for the world of Blockchain, but we’re excited to see what the New Year has in store for us all.

The MagnaChain team spent much of 2018 refining our Blockchain, supporting toolsets and ecosystem, in the runup to our imminent mainnet launch. For both the newer and older members of our MagnaChain community, a quick reminder of our goal — to allow game developers to break free of current gaming industry obstacles and thrive in this next era of Blockchain gaming. Stifled by centralized publishing platforms that put barriers between gamers and creators, MagnaChain is here to change the rules of the game, allowing game developers to engage with players and communities like never before via the MagnaChain Blockchain and supporting ecosystem.

In the holiday spirit and as the end of the year is a time of reflection for all, a quick recap of our tech journey thus far:

- Commencing in 2016, the core development team at MagnaChain spent the entire year focusing on prototype development.

- In Q2 2017, we implemented smart contracts and started thorough testing of our prototype, which exceeded our expectations and received strong external feedback, particularly of our approach to an innovative VH-POS consensus. Our side chain technology was then added, and an update of the structure was applied during q4 2017.

- In 2018, functionality of the MagnaChain Blockchain has been our focus with the launch of our testnet in June 2018 and release of our source code on GitHub our developer onboarding site (all found on our website at https://magnachain.co/). Business and developer partnerships have also been a major focus, of course, and we have announced several partnerships throughout the year with more to come!

At MagnaChain, we believe the focus should be on global ADOPTION of Blockchain technology and we will thus continue to show our real-world use cases in the coming months and beyond. We currently have several games being developed from scratch and have also had existing games transition onto the MagnaChain Blockchain, with some sneak peaks of this later in the newsletter.

We believe gaming can be THE key sector which brings Blockchain to the masses — something the Blockchain industry desperately needs, along with an increase in crypto wallets, and gaming is the perfect way to make this a reality.

Some of the biggest players in the tech/crypto/Blockchain space share our view above, including Binance, HTC, Venturebeat, Techcrunch, Crunchbase and more.

CEO Hal Bame speaking at BitGosu

Speaking of Crunchbase, here is a recent article written by our CEO Hal Bame published on Crunchbase:

And a video interview from BIG CRYPTO:

Following our aim to achieve global adoption, the MagnaChain team recently took part and presented MagnaChain, at the Bitgosu meet up in Seoul, Korea, with nearly 1000 attendees from Korea’s vibrant crypto/Blockchain community. Korea also has one of the strongest gaming communities that has been seen in decades, with its pioneering role in eSports and other gaming sectors. We would personally like to thank our Korean community and the entire Bitgosu community for making us feel so welcome. Korea is truly a beautiful place with a standout reputation in the Blockchain and gaming industry. Here is a link to the presentation if anybody missed it.

https://bitgosu.partners/

Magnachain CEO Hal Bame with BitGosu

MagnaChain Blockchain Game Development Competition

At the Bitgosu meetup we officially announced our upcoming developer competition held by the Korean Mobile Gaming Association and Bitgosu. The details of the competition for anyone that missed the event are as follows:

1. Developer must submit game title, introduction and game plan design

2. Developer must submit the beta test version of the game

3. Judging panel to select the finalists

4. Winners will be announced at http://www.playx4.or.kr/main.do in May 2019

All entries must be submitted in full before April 7th 2019

Prizes: OVER $25,000 in REAL CASH PRIZES

1st place — KRW 30million + equal amount of MGC

2nd place — KRW 20million + equal amount of MGC

3rd place — KRW 10million + equal amount of MGC

— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — -

Magnachain Github & Technical Review

The MagnaChain Github has now been fully updated with everything available on a 1-click deployment system. Our source code is now also available on GitHub and we invite you all to come, have a look and see what we have accomplished here at MagnaChain. We cannot thank our community enough for all the feedback we have received. Furthermore, we have also now added a specific developer onboarding link to our website, so we can easily provide guidance globally to all developers transitioning onto MagnaChain. In addition, we had a 3rd party review completed by the team at InCodeWeTrust, who have published their review on the CryptoDiffer website. We at MagnaChain appreciate all their feedback which has enabled us to move forward with the technical progress of MagnaChain.

https://cryptodiffer.com/magnachain-code-review-and-functional-test

https://github.com/MagnaChain/

https://developers.magnachain.co/

ChinaJoy Blockchain Technology and Game Developer Conference

In the late summer, MagnaChain had the honour of hosting the ChinaJoy Blockchain Technology and Game Developer Conference — the biggest game conference in Asia and one of the biggest world-wide. We had a fantastic time sharing the stage with https://www.cryptokitties.co/ founder Benny Giang. We managed to grab some great images of the community, unfortunately there was too much social media coverage to share, so we have created an album for everybody’s viewing on the website.

(On the right) Jinsong — Magnachain CTO, (On the left) Benny — Cryptokitties

A sneak peak of what’s to come:

At MagnaChain, our goal is not to build another Blockchain that is unused. Rather, our focus is enabling the MagnaChain Blockchain to be used by brilliant developers and users alike, from all over the globe. Here are some images of the current games that are being built on top of our platform.

Finally, we would like to share with you all that the MagnaChain website and documentation has undergone a full revamp to better suit our community’s image moving forward. We invite you all to take a look at http://magnachain.co and leave your feedback in our community channels:

ENG Telegram — https://t.me/magnachain

CHINESE Telegram — https://t.me/MagnaChain_CN

Korean Kakao — https://open.kakao.com/o/g3uKF84

Twitter — http://www.twitter.com/magnachain

Reddit — https://www.reddit.com/r/MagnaChain/

Discord — https://discordapp.com/invite/9vmbpZ3

All of us at MagnaChain truly thank our community, partners and supporters to get us to this point — we’re excited about our upcoming mainnet launch and even more excited to see what concepts and great games our current and future development partners can bring to the MagnaChain Blockchain. We can’t wait to see the next era in gaming and help bring Blockchain technology to the world!

Once again have a great holiday season and we’ll see you in 2019!!!

Best wishes

The MagnaChain Team