FINANCE MAGNATES - May 1 - Matchpool raised $5.73M in just over a day to fund its blockchain-based 'Slack Meets Tinder' matchmaking platform. Its Guppy token (GUP) began trading at the Bittrex Exchange on Saturday. Users on the Matchpool platform are incentivized by the GUP token. Tokens can be used as a deposit for opening a pool, and each pool creator decides its payment rules. Users inside the pool pay the creator according to their rules, and creators earn tokens by making matches. Pool creators will receive their deposit tokens back when they close a pool. Token holders can trade or sell their GUP on cryptocurrency exchanges, Bittrex being the first.
by Avi Mizrahi
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Summarized by the Courtland Brooks team
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