Community Newsletter (7–11 October)

Oct 11, 2019


Here is’s community newsletter for the week commencing 7 October. Stay up to date by following us on Twitter.

Highlight of the week Staking Program Launched ?
On Thursday our first auction began on our brand new staking website. The auction lasted a little less than 24 hours and was open to anyone who held $FET tokens. There were three ways to earn substantial rewards:

1. Directly in the auction ?‍♂️
If you had at least 200,000 FET tokens, you could participate directly by placing a bid when the price fell to the level of tokens you wished to stake.

2. As part of a pool ?
There was no minimum amount of FET tokens required to participate this way. Pools offered a guaranteed annual return of 10%.

3. By holding FET on Binance ?
Smaller rewards were available to Binance account holders who didn’t use our staking website.

If you participated, we would love to know your feedback. We will be taking it all on board as we look forward to making the next auction as simple a process as possible.

You can learn more about our staking program by reading this step-by-step guide and by checking out this video from our head of research Jonathan Ward:

Upcoming events

Cambridge China Forum 2019 (15–16 October, Cambridge, UK)
The Cambridge China Forum is the leading event focused on investment and trade between China and the Cambridge Science and Technology cluster.’s CEO Humayun Sheikh will take part in an AI panel on the 15 October. Find out more and book your tickets here.


Diffusion 2019 (19–20 October, Berlin, Germany) will be at Diffusion 2019, a dev con based in Factory Berlin (Gorlitzer Park) focusing on blockchain, AI and IoT.

There will be CEOs, CTOs, and lead developers from a variety of companies including Cosmos, Parity, Sovrin, Agoric, IOTA, Chainlink, Enigma, Hyperledger, Ocean Protocol, DAOstack, Deutsche Telekom and lots more.

Around 350 developers will be involved, with prizes worth thousands of dollars. There will be a careers desk, multiple talks and workshops as well as excellent networking opportunities.

If you’d like to attend but not as a hacker, you can join the talks and workshops for free by using the code ‘OVdiscount’. Check it out here and get started by learning more about here.

Community news

AI/ML in Finance (8 October, London, UK)
CEO Humayun Sheikh took part in a panel discussion at the University of Cambridge Judge Business School. Humayun explained how we can use innovative technology to make better informed decisions.

World Summit AI (9–10 October, Amsterdam, The Netherlands)
Head of business development Maria Minaricova attended World Summit AI. The event was a great opportunity to meet and discuss ideas with other leaders in the field.

Technology update

*Further development of a couple of new features for our smart contract including contract-to-contract calls and payable address support. We hope to include these features in our next tech release
*Fixed some issues found in our storage engine and the Etch virtual machine.

This week, excluding merges, 14 authors have pushed 34 commits to the main branch and 52 commits to all branches. On the main branch, 223 files have changed and there have been 6,241 additions and 4,174 deletions. See all updates.

Bounties, hackathons and competitions

The technical bounty program
Help us improve the reliability and performance of our technology by finding and reporting technical issues and be awarded $FET ?

? Find a technical issue in the’s GitHub ledger repository
? Report it as an issue on GitHub
?️ Additional award for a fix

Award structure

  • Critical: $10,000 in FET
  • Major: $6,000 in FET
  • Medium: $2,500 in FET
  • Low: $800 in FET

More bounties are coming soon involving autonomous agents, mobile applications and much more — watch this space!

Join our developer Slack channel and find information on our bounties and hackathons on our community website.

Thanks for reading our update. Join the conversation with the rest of our community on Telegram.

We hope you have a great weekend.