Many people know the symbol of Bitcoin. Many people might know the symbol of Litecoin. Even fewer know the symbol of a Dogecoin. There are hundreds of cryptocurrencies that have been developed, but what’s the symbol for “cryptocurrency?”
Brand Me Crypto, a design contest sponsored by Vogogo and Cryptsy, is hoping that one concise brand can be created that will epitomize the true brand of cryptocurrency.
“I found myself and our designers struggling to visually articulate cryptocurrency as a whole without inundating our designs with 5+ more coins just to communicate the overarching cryptocurrency conversation and message,” said Chantel Meeley, head of marketing and creative at Vogogo.
But it wasn’t as simple as just hiring a design firm to come up with a few different concepts. It was important that Brand Me Crypto kept true to the culture that has sprung up from cryptocurrencies. As it says on its website, it needed to be “designed by the people, for the people.”
The two companies joined forces and launched the Brand Me Crypto initiative on October 28, 2014, inviting designers from around the world to submit their concepts. At the end of the contest, designers from 89 countries across five continents had submitted their ideas of what the brand should be. Learn more about HYPIXEL SKYBLOCK COINS GENERATOR
The contest is now in its final stages. Five designs are being voted on from around the world. Anyone is eligible to vote on the design. More than 7,000 votes have been tallied, and voting ends on March 31, 2015 at 11:59 MDT.
The winner will receive $10,000 in USD or the cryptocurrency of their choosing as well as recognition on open creative licensing rights.
“I am excited to see that the final brand the world population selects and looking forward to having one visual identity that represents this new currency,” Meeley said.
FACTOM LAUNCHES RELEASE CANDIDATE 2 IN PREPARATION FOR BETA
Bitcoin Magazine reported that the Factom Foundation had launched Release Candidate 1 (RC1), a crucial step for launching the Factom network. Over the ensuing 5 weeks, community developers and programmers have been testing and debugging the network in order to reach all the goals set out in Factom’s Milestone 1.
Today in a blog post, Factom has announced the launch of the Release Candidate 2 (RC2) version of the Factom Beta. Again, it is asking for developer input as it works toward its next milestone: Factom Genesis.
According to Factom’s post, RC2 includes the following:
Better Factom block syncing & downloading
Tested for high numbers of entries
Improved server to client messaging and error handling
Some limited code refactoring and reorganization
Once Milestone 1 is achieved, funding from the software sale will be released. At this point, holders of Factoids will be able to utilize their tokens on the network and to exchange them on Cryptsy and ShapeShift.
To celebrate the network’s progress, Factom will be hosting a launch party in Austin, Texas on Tuesday, September 1, featuring speeches from Peter Kirby and Paul Snow which will be broadcast to the community, along with a Q&A onZapchain.
Earlier this year, Tatiana Moroz caught up with Tiana Laurence, chief marketing officer at Factom, to learn more about the project.