EST Bi-Weekly Report 09/03
Over the past two weeks, the total trading volume of EST was 329M. The overall price showed a downward trend, with the highest point at 0.0000019BTC and average closing price around 0.00000165BTC. With the help of “The Battle of the Kings” matches, the awareness of EsportsChain (EST) grew significantly, and the number of currency holders increased by over 200.
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Hosted by EsportsChain (EST), supported by investment agencies and project sponsors like Jiedian Capitals and FANSTIME, and covered by dozens of media like Cointime — “The Battle of the Kings” concluded in success. EsportsChain (EST) made strategic arrangements in accordance with the future of the Esports Ecosystem, consolidated industry resources in order to organize the event. “The Battle of the Kings” took 2 weeks to complete from group stage to finals; it attracted over 150K viewers and brought memorable experience to people who are passionate about blockchain or esports.

Through group stage, quarterfinals, and semifinals, Team Saturn Shatangju from Pan-entertainment Sharing Area Blockchain Project and Team Delphy Tiansuan from Central Prediction Platform made it into the finals. Though the two teams were a close match, Team Saturn Shatangju was better at synergy and team cooperation; they won 2 games in a row, earned the title of “Kings of the Blockchain Industry” as well as the 600K EST prize.
In the future EsportsChain (EST) will be organizing the second rounds of “The Battle of the Kings” events. Besides team participants from companies and organizations, it will also be open to individuals, please look out for further details.
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The first version of EsportsChain (EST) DAPP went online in late August and was open to user experience; as of right now this version supports linking personal PUBG records and “Game to Mine” function. EsportsChain (EST) established “Proof of Contribution” consensus mechanism: players’ game time and competitive level will be recognized as contributions to the whole Esports Ecosystem, and rewarded EST accordingly based on POC algorithm, AKA “Mining”. Users may convert received EST token into cash in their wallet, truly achieving “gaming to make money”! More games and methods to play are in intense development.
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Amid the bear market, in order to increase the circulation of EsportsChain (EST) and encourage community active levels, EsportsChain (EST) is hosting a ETH Lottery event. Specifics steps are as follows:
1. User will need to transfer 1000EST into the designated address to participate in the lottery.
2. User needs to participate in the official community, send transaction screenshot into group chat. The lottery is drawn with every 40 participants.
3. A user will be selected to receive 1ETH via video lottery draw.
4. Each session is limited to 2 weeks. If no teams are formed within the 2 weeks, the ETS will be returned.
Those interested may contact community administrator to participate.
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On August 29, a new-generation content value platform using BlockChain as fundamental technology “Wutiao” went online for public testing on all platforms. Meanwhile, a product press conference themed “Content as New Ecosystem, Value Links the Future” was held in Xi’an; the city leadership of Xi’an, Yue Wang the President of Kingnet, Bingyang Ning the CEO of Wutiao, as well as media and we media representatives gathered at W Hotel Xi’an, partook on the journey to the future in the atmosphere of history and technology. The founder of EsportsChain (EST) also participated the meeting, and explored future collaborations regarding Sports contents.

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In terms of technology, progresses are as follows:
1. Prompt optimization when nickname is wrong or does not exist.
2. Text input box for email registration optimized as non-wrapping.
3. Prompt optimization when Android client access timeout.
4. Increased clicking area size of home page setting button in the upper right corner.
5. EST production environment deployment.