Writing Contest of ugChain! 130 STEEM + 30 Bonuses ~

Hi, Steemians!
Thanks for supporting us! ugChain is now running a writing contest!

Accepted Languages:

English

End Time:Apr.6.2018 18:00 GMT+0

Prizes: 130 STEEM + 30 Bonuses

1st Place: 40 STEEM
2nd Place: 25 STEEM
3rd Place: 21 STEEM
4th Place: 13 STEEM
5th Place: 11 STEEM
6th Place: 11 STEEM
7th Place: 9 STEEM

First 30 submissions will get 1 STEEM each. The article must meet the contest conditions such as word length and a level of quality.

Rules

Write an article about how do you think of ugChain coupled-chains? What the differences between sidechain and coupled-chains? How can ugChain change the virtual assets management of game industry? How is the UGC application? The contest is open-ended, if you have any other great idea, you are always welcomed to tell us!

To submit please do the following:

• Write an article more than 200 words in length.
• First tag "ugChain"
• Upvote this post.
• Resteem this post.
• Post a link to your entry in the comments below.
• Share your article link to ugChain Telegram group: https://t.me/ugChainchat

Who wins the contest?

The ugChain team will decide the best articles.

What’s ugChain?

ugChain is an ecosystem consisting of a series of decentralized applications, and its core is a decentralized account system (DAS) based on blockchain technology.

The primary goal of ugChain’s establishment is to build “UG blockchain”, leading global coverage of decentralized game industry ecosystem with the ultimate goal to reach a great quantity, strong influence of decentralized account balance system, solve most of the problems existing in the current centralized applications.

ugChain firstly applied in the game industry to build a game ecological solution jointly with well-known Chinese game companies such as 360 and Hoolai, the application scenarios include game distribution channels, game account trading, game recharge, virtual commodity purchase, competition, host league, crowdfunding, community, and so on.

What’s Coupled-chains Technology System?

ugChain deploys essential core contracts on the public blockchain while other contracts and application functions migrate to the consortium blockchain.

The Coupled-chains system can effectively simulate the key functions provided by side chain, lightning network, cross-chain swaps and interchain systems and it also has more advantages:

1). ugChain can effectively decouple the virtual currency and specific applications.

2). During the event of congestion, users can trade through the consortium blockchain, no longer troubled by the congestion problem of the public blockchain system.

3). ugChain can better achieve lightning network functions, reduce transfer fees, and provide better support for high-frequency micro-transfer.

4). BaaS (Blockchain-as-a-Service) platform based on the consortium blockchain technology can achieve a quick response at the second level, which can be combined with artificial intelligence and big data more effectively to provide strong support for heavyweight blockchain applications and accelerate its development.

UGC Virtual Assets Management

Define the standard of virtual assets, create a virtual asset trading platform, become the entrance of the virtual world.

Users’ virtual assets are registered on the blockchain, corresponding to the personal addresses. The servers and nodes are deployed and maintained by the coupled-chains system with the blockchain technology. The data generated by the application service are stored in all nodes on the blockchain through the consensus mechanism, if one agency changes its own node, it can not be verified by other nodes, thus ensuring the authenticity of the data, which also ensure that the users’ asset rights "really" belongs to the users.

The ugChain coupled-chains technology represents a way to get away from the shackles of centralization in the area of virtual goods storage and ownership. Not just individuals, game makers and virtual asset issuers can also create their own virtual assets on the platform, and all trusted and valuable virtual assets can be converted and distributed across the platform network.

Global Blockchain Game Developers Plan

ugChain is committed to building a global decentralized game ecosystem. The important content is the Global Blockchain Game Developer Alliance ("GBGA"), sponsored by ugChain, including Hackathon, Vendor Alliance, Channel Alliance, and Developer Alliances.

ugChain uses the original coupled-chains technology and Decentralized Account System (DAS), to provide partners with payment, account system and other functions t, uses the game smart contracts and asset management smart contracts to improve technical efficiency and application efficiency, so that the game can really integrate various functional characteristics of the blockchain technology to complete self-improvement.

##E-sports Extension Industry
Point-to-point competition on the blockchain, offline league, team training and live, these four dimensions expand the vitality of the game to create sub-ecstasy e-sports industry.

• E-sports League: WUGL / UGL.
• E-Sports Team: Pan Entertainment E-Sports women’s group
• E-sports Hall: T-UG E-sports Hall

Team

ugChain has gained more than 500 large and medium game carriers in China (the lineup keeps growing). At present, ugChain cooperates with these carriers through traditional channels and will directly migrate to the ugChain channel after product launch.

With good market performance and outstanding technical application strength, ugChain obtained the first cornerstone investment from "Blockchain Industry Alliance and Blockchain Industry Fund" jointly established by the listed companies KeDa (600986.SH), Forgame (00484.HK), HC(02280.HK), People's Venture Capital and Canana.

ECG, a famous e-sports carrier, has joined the ugChain family in advance and has achieved a comprehensive strategic cooperation.

The DAS has reach cooperation intentions with a number of paid reading channels who will use UG program to decentralized marketing system promotion.

ugChain maintains good relations with upstream and downstream game companies under Tencent and Alibaba.
Get recognition of Ministry of Industry and Information Technology of China leadership and the National Standardization Management Committee.

More info

Official Website
Telegram
Twitter
Facebook
Medium
Reddit
Whitepaper
Coinmarketcap

Thanks for reading and sharing! Wishes everyone a lot of luck!

Please remember to upvote and resteem this post to let more Steemians know and participate!

Good luck to all the participants!