Lykke Unveils Lykke Streams Collaboration Platform
Lykke, a Swiss Fintech company building a global marketplace on the blockchain, today announced the opening of Lykke Streams, a new crowdsourcing initiative that reimagines how projects of all kinds can be staffed and completed. The beta release of Lykke Streams is available at streams.lykke.com.
Lykke Streams will provide a forum for publishing project ideas and attracting talent from around the world. Project originators can post their ideas on the platform and set aside prize funds to be awarded upon completion. Developers, designers, and other technology professionals can contribute directly to projects of interest and work collaboratively to earn the prize.
“Lykke Streams is where brilliant ideas meet the brightest minds to make amazing things happen,” said Lykke founder and CEO Richard Olsen. “We want to provide a home for big, bold concepts and source people we’ve never heard of to complete them. You can stop waiting for so-called innovators to discover you. Pick a project on our platform right now, and show the world what you can do.”
Olsen notes that Lykke itself was the result of a similar process. “We started as a project like the ones on Lykke Streams. Complete strangers came together and built the architecture of our exchange. Many of these people now occupy key positions in our company. We would never have found them using the traditional corporate model.”
The inaugural projects on Lykke Streams include Atomic Crosschain Swap Transactions (Bitcoin/Ethereum), with a total prize fund of $2500 (one $1000 first prize and three second prizes of $500 each); Lykke Services Identity, with a total prize fund of $625 (one $250 first prize and three second prizes of $125 each); and Tradelog Data Research Paper, with a total prize fund of $1250 (one $500 first prize and three second prizes of $250 each).
Signing up for a project is quick and easy. Interested participants simply register on the platform by email. Prizes are distributed over the Lykke Exchange, so participants should also download the free Lykke Wallet mobile app.
After the conclusion of the beta test, any member of the Lykke community will be able to launch and staff projects on Lykke Streams.
Lykke is building a secure global marketplace for the exchange of all financial assets in the form of colored coins. Founded by Richard Olsen of OANDA.com, and encouraging participation from all users, the Lykke Exchange intends to level the financial playing field through direct ownership of assets and immediate settlement of trades on the blockchain. The exchange received initial seed funding in 2015 and held an initial coin offering (ICO) in 2016. For more information, visit lykke.com.