MakerDAO Dappyfunds BENsteemCreated with Sketch.

in blockchain •  6 years ago 

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At the start of Prague Blockchain Week (Oct 26 - Nov 2), right after the Status Hackathon and before DevCon, MakerDAO hosted a fundraiser for the Blockchain Education Network.

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QR codes were set up at the bar and people had to pay 1 DAI for 1 drink. Dai is a stablecoin produced by MakerDAO that is normally pegged to the value of $1. But in our case, Dai was pegged to the value of 1 drink! BEN was stationed as volunteers to help people download their first wallet and make sure they had enough gas.

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We facilitated 160+ transactions over the night, totaling 520 Dai! We used a Crypto Wishing Well (pictured above) to display the Dai balance in large bold letters. We also had LED lights set up that would flash whenever a new transaction came in! Not only did we bring crypto adoption to a boat but we had a little bit of fun with IoT as well.

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Thank you to all those who donated. Thank you to Jessica and Sean from MakerDAO for spearheading this and getting BEN involved.

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@gosathya, Melissa, @erickpinos, Jessica, Sean

The Stats


Dappy Hour Donation Address: 0xaDfF6699b5eeCE3f4E6d476Ea8E427d386841002

*160 transactions ~= approximately 520 Dai

*One outlier transaction of 105 Dai ~ thank you ❤️ for your gracious support to BEN.

*Average donation (excluding outlier) ~= 2.61 Dai

https://etherscan.io/token/0x89d24a6b4ccb1b6faa2625fe562bdd9a23260359?a=0xaDfF6699b5eeCE3f4E6d476Ea8E427d386841002
All of this info is transparent and verifiable on the Ethereum Block Explorer. Isn't blockchain neat?

Read the full story on our Medium post

SOS Does anyone know if there is a whitelist for reblogging or a way around @cheetah? We significantly modified this post from the original post on Medium so that cheetah doesn't come after us.



BEN is on a mission to educate and empower students across the world who are excited about blockchain. We will be posting more on the Steem blockchain to raise funds for our initiatives!

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I'm very much happy to see such progress from DAI and MKR. I hope this trading competition (https://news.kucoin.com/en/dai-dai-trading-competition-win-182-mkr/) may help them get the attention they deserve from the people in the market

Of course the competition has a big factor for DAI marketing and Kucoin has completed the distribution of DAI rewards