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Last fall, the company Blockstack launched a Signature Bounties campaign in order to offer rewards for individuals and teams to build decentralized platforms. So far the campaign has helped produce popular apps like the messaging app ‘Stealthy,’ and ‘Graphite’ documents platform. Now Blockstack has announced it is partnering with the peer-to-peer exchange Shapeshift to offer a $50K bounty to a developer who can build a universal wallet application.

Also read: Swap BTC and BCH with the Bitcoin.com Wallet’s New Shapeshift API

$50K for a Developer That Can Create a Decentralized Universal Wallet Application  

The company Blockstack (formally Onename) is a network designed to create decentralized applications and hopes to disintermediate the application layer throughout the internet. Back in September of 2017 the company launched its Signature Bounties campaign with $25Mn behind the project. The bounties are meant to reward software developers who build decentralized applications that are compatible with the Blockstack network. The new $50,000 bounty with Shapeshift is aimed at evolving innovation for the entire cryptocurrency community.

Blockstack and Shapeshift Offer a $50K Bounty for a Universal WalletIn September of 2017, Blockstack announced its Signature Bounties campaign backed by $25 million.

“Increased interoperability and collaboration between projects will only hasten the pace of innovation — and making each project’s atomic unit of value accessible across communities is critical. That’s why we are partnering with Shapeshift to enable an open source wallet where users can hold and exchange most, if not all current and future forms of tokens, all in a decentralized manner,” explains Blockstack’s Xan Ditkoff.

The Blockstack Signature Fund and Shapeshift teams will award $50,000 to the individual or team with the best open source wallet app using Blockstack for authentication, storage, and encryption, and Shapeshift’s API for token

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