JP and Kelsie flew to Thailand on Friday to take part in the Asia-Pacific Ethereum Meet up. The trip itself was a whirlwind; both of the ideas presented and our compressed schedule. However it was incredibly beneficial gathering, where CanYa was able to share our progress and hear ideas with the inner circle of Ethereum. Here are some of the insights that we came away with.
More than anything the biggest take-away from this event, was how community focused the Ethereum network genuinely is. Despite the fact that many of the projects presenting (which of course included ethereum itself) are some of the biggest tokens in the world, the mood of the gathering was focused, open and collaborative.
The second take-away was just how wide the interest in the event, and by extension the blockchain talent in this part of the world. This was obvious as the event drew a truly international audience for a meet up that was specifically focused on the developments of the Asia-Pacific region.
Even though this is the third point, and it almost goes without saying, but it’s always humbling to be reminded of the genuine talent in the ethereum community. We heard from the ethereum core team as they spoke about supporting the development of scalable dapps with the Casper and Sharding initiatives, which is something incredibly relevant to CanYa. Its remarkable how quickly the platform is evolving and improving to deal with these issues of scalability moving forward.
What I assumed is meant by this has to do with the decentralised principles of blockchain technology, which reduces the ability for bad actors to manipulate a system. When the Internet was built, it was of course done so in a centralised way. This meant that things like data were exchanged, stored and ultimately monetised by companies such as Google, Facebook and Amazon without the consent or knowledge of the people that the data belongs to.
However, the implications of data control are far more perverse than loss of privacy. This is because having the data is one thing, but being able to release the potential of this data in the form of predictive analysis is quite another. Predictive analytics is an area of statistics that deals with extracting information from data and using it to predict trends and behavioral patterns. Predictive analysis is already the lifeblood of many industries such as advertising, fraud detection, and credit lending. The danger lies in the fact that the more data collected allows for a more specific predictive analysis and more accurate surveillance. An Orwellian prophecy.
An interesting project that was not brought up by name at this meetup, but is relevant to this discussion is Augur. Augur is a prediction market platform, built on the Ethereum platform, which rewards the user for correctly predicting future events. Rather than raw data, this platform relies on the scientific principle known as the wisdom of the crowd. This states that if you ask enough people to answer a certain question, their average answer is far more accurate than any expert. The cleverest person is no match for the collective brain, which is why centralisation of governance does not work.
Imagine being able to Google questions about things that haven’t happened yet, and getting accurate odds of their occurrence. This is what Augur is proposing, however instead of just getting the information voluntarily, Augur rewards the people financially that accurately predict future events. This means that the user is in control of their own data, and is rewarded for it its use (if they allow it be used).
If the Internet were to be redesigned with decentralised principles (which is a constantly discussed topic) all data would be private. This would make the technology far less invasive (as a start). Ethereum co-founder Joseph Lubin is attempting to do just this. Using the Ethereum platform he is attempting to build a decentralised web 3.0 called Consensys.
Also in attendance was Omisego (OMG) and the Ethereum Community Fund. In a first of its kind, half a dozen ICO companies came together to create the fund that plans to pay out more than $100 million to promising projects in the Ethereum crypto space.
This above all else represents the values and ideals of a community that is learning and evolving through collaboration. The CanYa team believes in collective intelligence, and by extension could not hope to be a part of a greater collective than the Ethereum network.
The event, which will be held in Thailand, is a meeting of the brightest minds in the Ethereum community including but not limited to Vitalik Buterin and core Ethereum project developers.
The meet-up is designed to promote technology exchange between Ethereum developers and community members, as well as an opportunity to get to know more about local Ethereum-based projects.
The event covers Ethereum-based technology training, use-case discussion, and development updates of various Asia-specific Ethereum communities.
CanYa will be represented by our CEO JP Thor, as well as our Head of Community and Strategy Kelsie Nabben.
This is an opportunity to hear about the progress of other projects in our corner of the world, but it is also a great platform for CanYa to update the community on the great strides we are making; specifically with the purchase of Bountysource, uPort secure sign-in’s, the CanYa bot, and our platform search engine.
In addition to the programming talent that will be in the room, it will also play host to noted investors in the region, and enterprise representatives in the blockchain space. It is certain to be a beneficial trip, and we will update in the coming days about what we have learned.
We are making another Tier of the HODL club!
We want as many people as possible in this strong community so we are adding a new tier to the HODL club.
as promised. This will happen over the course of the next 6 months at random intervals. Their terms from the ICO will not be changed. As per the original HODL concept anyone that purchases more than 10,000 CAN post ICO can enter the OG club. They will still have to wait the 45 days required post ICO to be an approved member. You can enter via the HODL website (https://hodl.canya.com/) if you have the required 10,000 CAN.
This is a brand new tier for people that want to join the HODL club but didn’t get a chance to during the ICO. These new HODLers have been allocated a brand new lot of 500,000 CAN tokens to be disseminated at random over the next 6 months. To enter this new tier you will need 2500 CAN tokens. Once you have 2500 CAN tokens you can apply via the website (https://hodl.canya.com/). You will then need to wait 45 days to prove you are a true HODLer before you are entered into the club.
The amount received during the air drops will be proportional to your account balance for both tiers. For example for the coming air drop for the OG members if one member has 5000 CAN and another has 10,000 CAN the 10,000 CAN member will receive twice as many tokens as the 5000 CAN member.
All air dropped tokens also need to stay in the registered address to remain in the HODL club.
Over the next 6 months CanYa OG HODL club members will be air-dropped 2 million CAN tokens at random times. They will also be air-dropped our partners tokens over this time frame. You will also be part of an awesome community via our HODL website and invite only Telegram.
OG HODLers will also get exclusive CanYa merchandise.
We also plan to regularly give away CanYa merchandise such as CanYa Ledger Nano S wallets, minted CanYaCoins, clothing and more! These are only available to members of the CanYa HODL Club.
All HODL club members will receive complimentary tickets to the annual CanYa blockchain conference (and party) to be held at a destination as voted by the HODL club members. If a conference can’t be conducted, we will purchase tickets to an alternative conference as voted by our HODLers.
After this you will need to head to the HODL club website and apply (https://hodl.canya.com/). After 45 days of successful HODLing (our Proof of HODL test) you will be added to the CanYa HODL Club.
Answer: No. You sold your tokens and are therefore no longer an OG HODLer. However, as you have the 2500 CAN required for the new tier you can apply to join that tier. You will just need to wait 45 days after submitting your application to be a member of the club. You will not receive any air-dropped tokens until you are in the club.
Answer: No. When the rules were made during the ICO you needed 5000 CAN. However, you do now have enough CAN to apply to be in the new HODL club tier, again, you will need to wait the 45 days until you are in and you will not receive air drops during this time.
I participated in the ICO, why haven’t I been notified if I’m a HODLer yet?
We are finalising the token audit and distribution. We will be creating our HODL emailing list and telegram group over the next few weeks. However, if you know you are eligible for the HODL club you can let us know now by filling out this Google Form.
Your first air drop will be happening in the next few weeks. We are currently auditing everyone’s addresses to make sure members are still eligible. Over the coming few days you should receive a confirmation email. We will also get our new private group set up and announce in there further details for the air drop.
If you move CAN out of your ETH address but you still qualify (greater than 2500CAN), you can always reapply for the CanYa HODL Club and wait out the 45 days ‘Proof of HODL’ test.
Welcome to all of our CanYa HODL club members!
If you have 5000 CAN tokens (or more) from the ICO then congratulations, you are automatically in the CanYa HODL club and there is no action required.
If you didn’t participate in the CanYaCoin ICO but want to join the CanYa HODL club, you will need to purchase 10 000 CAN tokens (or more) when the CAN token hits exchanges (available from 08 January 2018).
After this you will need to contact support@canya.com to have your ETH address whitelisted for the CanYa HODL Club. After 45 days of successful HODLing (our Proof of HODL test) you will be added to the CanYa HODL Club.
As the CanYa HODL Club is exclusive, we will be releasing a new website dedicated to all HODL club members and an invite only Telegram group. This will happen over the next few weeks and HODL Club members will be invited directly.
If you would like to read more about the specifics, read the original CanYa HODL club blog.
Moving tokens after the ICO?
For all our current HODL club members, you can move your tokens once and once only from your CAN ICO registered ETH address. This is for people that want to move their tokens to a more secure long-term wallet.
Transfer ALL of your CAN tokens to your longterm HODL solution.
Email support@canya.com with details of your old ETH address, new ETH address and your TX ID.
The blockchain provides clarity on transactions and it is simple to confirm that ALL CAN tokens were moved to the new location. Gaming the HODL Club will not work as we will individually vet all HODL Club Members.
HODL club members have until the 01 Feb 18 to move their CAN to a long-term storage solution. After that, any movement of tokens will permanently remove you from the HODL club.
What about spending CAN token in the CanYa App?
We will never punish CanYa HODL Club members for using the CAN tokens as they were intended; as a utility token for the CanYa platform. This however, is not an immediate concern because the updated CanYa platform (that integrates cryptocurrencies like the CAN token) is still under development.
We will provide more guidance for using your CAN tokens on the CanYa platform when this is closer to being released.
The CanYa Team have thought long and hard about how this should all work, and have decided to change some details for the benefit of the members.
We have now doubled the reward!
There will be 2 MILLION CAN tokens airdropped to our HODL club members. However, the air drops will take place at random intervals over the next 6 months.
The randomised air drops will reduce people gaming the system and only stop people joining/leaving to coincide with air drops.
We will also be air dropping our partner’s tokens to our HODL club members over this 6 month period.
What is the benefits of being in the HODL Club?
Over the next 6 months CanYa HODL club members will be air-dropped 2 million CAN tokens at random times. They will also be air-dropped our partners tokens over this time frame.
You will also be part of an awesome community via our HODL website and invite only Telegram.
Once a year, the rewards pool will air-drop an amount of CAN tokens to those in the HODL club which will again be based on their token balance. This means the longer you are a member of the club, the higher your proportion of air-dropped tokens will be as people leave the club. We will also regularly share information on our roadmap execution to our HODL Club and give them breaking news – first.
Some members have asked about competitions run by other platforms (KuCoin for example). These initiatives are the prerogative of that individual exchange (or service) and the decision to participate is entirely up to the individual.
Be warned, if you choose to move your CAN to these platforms, you do so knowing that you are leaving the CanYa HODL Club.