DECENT Partners With TTC Protocol To Build A Token-Incentivized Collaboration Community For Developers

July 18, 2018

Geneva, Switzerland, July 2018 – DECENT, developer of an open-source blockchain ecosystem, has announced a partnership with TTC Protocol, an incentivizing protocol for social fueled communities, to work together on blockchain-based source code management system and community, git.eco.

git.eco is a token-incentivized collaboration community for developers, where the reward for contribution is distributed with transparency and logic. At git.eco, a project owner can register the reward rule for the token distribution (ETH or token from the project) on the smart contract. Contributors can participate in the project by creating issues, committing code, merging branches, forking repositories, reviewing code and commenting and/or voting. Such contributions are measured and recorded by the blockchain-based Reward Engine, and the rewards will be distributed based on their contribution level to the project.

DECENT will be investing its development know-how and resources to build the platform, and TTC Protocol will provide TReE (TTC Reward Engine) technology for a fair distribution of the reward to all developers on git.eco.

Brian Cheong, CEO of TTC Protocol, says: “We believe in the power of collective intelligence, that when more people are working for the same goal, it can generate a bigger and better impact for the world.”

The expansion will see DECENT set up an office in Seoul and further work to promote its brand, services and technologies. The blockchain company chose Korea, as it plays a huge role in terms of recognition in the blockchain industry and represents a significant share of the cryptocurrency market.

DECENT will work with companies that wish to enhance their businesses through the use of blockchain technology, and help companies who wish to develop models based on token economies. DECENT will also work with companies that wish to launch ICOs or reverse ICOs.

Those who wish to do business with DECENT must have a business idea that will extend DECENT’s core technology, DCore – a proprietary platform based on blockchain technology.

The partnership will also aim to improve the local and global brand recognition of DECENT. Korea is the perfect spot for the company as, with 20% of the total volume of cryptocurrency market based in South Korea, it is a region that is enthusiastic about blockchain technology.

DECENT and TTC Protocol will work together to pursue practical partnerships to solve or improve existing business structures or profit models.

Currently, the Korean government – despite shutting down cryptocurrency exchanges – looks very favourable on blockchain technology and it is expected that the blockchain ecosystem there will only grow more prominent.

CEO and Founder of DECENT, Matej Michalko, said: “We are in good hands, having chosen TTC Protocol to take our business model to the next level. South Korea is an exciting country right now, and one which really understands blockchain technology. Seeking out opportunities here and growing as a company is something we are very excited about.”

About DECENT

DECENT is a non-profit foundation that has developed an open-source blockchain ecosystem focused on helping businesses adapt to a decentralized future. With their proprietary technology and platform called DCore, DECENT can improve a wide range of real-world applications, especially content distribution networks.

About DCore

DCore is the blockchain you can actually build on. Developed by DECENT, this platform is set to revolutionize the way digital data is exchanged by providing simplified, decentralized and borderless content and data distribution for applications (dApps). DCore is an open-source solution for companies looking to fast-track their own blockchain-based ideas.

About TTC Protocol

TTC Protocol is working on a project to create a decentralized social platform based on blockchain technology, where users are automatically compensated for their activities in the social network.

About git.eco

git.eco is a token-incentivized collaboration community for developers, where the reward for contribution is distributed with transparency and logic. At git.eco, a project owner can register the reward rule for the token distribution (ETH or token from the project) on the smart contract. Contributors can participate in the project by creating issues, committing code, merging branches, forking repositories, reviewing code and commenting and/or voting. Such contributions are measured and recorded by the blockchain-based Reward Engine, and the rewards will be distributed based on their contribution level to the project.