Counterparty’s Devparty was announced back in December as a contest for developers to build new Counterparty integrations, with the goal of producing new software projects and demonstrating innovative uses of the Counterparty platform. Since then there have been thirteen registrants to the competition, with the latest signing up just a few days ago.
Today it has been announced that the voting tokens for the community to use have been distributed to eligible participants – namely to the last unique active addresses, counted up until block 386200 – with each person receiving three tokens to use on their preferred candidates in any way they choose; all may be given to a single entry or they may be split.
Although tokens have been sent out, the actual voting process does not start until February 9th. Winners will be selected over the following week, with prizes awarded from both a Counterparty Foundation chosen panel and the community panel.
The group chosen by the Counterparty Foundation has already been announced, and will award 6,000 XCP, 1,000 XCP and 500 XCP to their first, second and third places. The prizes from the community will be awarded at up to 1,000 XCP, 750 XCP and 250 XCP for first, second and third place respectively; however, the 750 Counterparty voting token holders will decide the winners rather than the 7 chosen judges. Vote counting will be done via http://blockscan.com/votes, both for judging panel and community voting.
One of the judges is Robby Dermody, Counterparty Co-founder and President of Symbiont, who formed the startup Symbiont in early 2015 with the other co-founders of Counterparty, Adam Krellenstein and Evan Wagner, moving away from the bitcoin blockchain by developing private custom blockchains for customers in the banking and securities industries .