Matchpool Integrity In Question As Co-Founder Quits Over Funds Handling
Matchpool Co-Founder Yonatan Ben Shimon is yet to respond to accusations he misappropriated funds from the project’s multimillion-dollar ICO. Matchpool, which uses Ethereum to allow users to build matchmaking resources on the Blockchain, has raised $5.7 mln in a matter of days. On its Slack channel on Wednesday, fellow co-founder Philip Saunders stated he was leaving the project: “I have asked internally what is going on with the funds you sent to Matchpool, but have not received a satisfactory answer.” “Over the last two days 37,500 ETH has been withdrawn from the multisig wallet by the....
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The Blockchain project Matchpool raised over $5.7 mln in 48 hours, with high anticipation from the community on its decentralized matchmaking protocol. However, the community was shocked the next day to discover the company co-founder Philip Saunders’ public accusations that its CEO Yonatan Ben Shimon had pulled an exit scam and disappeared with $1.7 mln of the funds raised. Similar to most Blockchain projects, Matchpool engaged in an Initial Coin Offering (ICO), a crowdfunding mechanism designed after the Initial Public Offering (IPO) process of conventional companies, to raise millions....
When it comes to meeting The One, there are various dating sites available that are attempting to help singles meet their significant other. And yet, the creator behind Matchpool, the online dating and matching platform, says that human interaction on existing dating sites is not natural. “At the end of the day, every interaction in the world is based on trust,” Yonatan Ben Shimon, founder of Matchpool, said to Cointelegraph. “Matchpool can deal with this initial lack of trust between people today.” In a recent Cointelegraph article, Shimon states that it’s often hard for community....
This Valentine’s Day is set to be special for Blockchain as distributed matchmaking platform Matchpool holds its dedicated launch event in Paris. Matchpool, which will trial in the Paris area before its global launch in the summer, is a multi-tier platform allowing anyone to create and then monetize a matchmaking service. “My vision is that Matchpool will create millions of matches between people that are like each other and create a happier and more connected world,” founder Yonatan Ben Shimon told Cointelegraph. Getting paid for playing Cupid. The platform will host pools using its....
"When I looked at the dating industry, I saw it was expensive to reach a critical mass of users and open a niche dating site," says Yonatan Ben Shimon in a Skype call from Tel Aviv. "That's why dominant sites are one-size-fits-all, but that's not what most of us look for." Ben Shimon is founder and CEO of Matchpool, a new dating service that aims to bring couples together through the art of matchmaking – and a 21st century twist, let the most successful matchmakers earn cryptocurrency rewards for their work. The unique selling proposition (USP) of the service is to....
The research paper on the use of blockchain technology to maintain experimental integrity is reported to have been plagiarised from an earlier blog post. For those of our readers who have been following us closely, you will probably remember one of our news articles on a blockchain technology based solution for maintaining the integrity of clinical trials. Greg Irving and John Holden were originally credited for devising the solution. Ironically, the duo striving to maintain the integrity of experiments seem to have conveniently borrowed the idea from a graduate student who had first....