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almost 2 years ago

WCEF Crypto Hackathon Participation Prize Update

Dear WCEF Crypto Hackathon Participant,

  We have now received word that the Propy Participation prize has been delivered to all participants of the WCEF Crypto Hackathon (members from the teams who submitted as well as registrants of the event).   We wanted to take a minute to apologize for all miscommunication surrounding prize disbursement - we had a big misunderstanding within our team about the delay of distribution that we had not made that clear to all hackers at the event.    The Propy team had also issued the following statement to address the delay:    "Propy has every intention of paying out the tokens promised at the WCEF Hackathon. After some miscommunication, we were able to connect with the founders, Leland and Wesley, to confirm that we’re paying out prizes to the winners of the Hackathon. It was an awesome event that we’d like to be involved with in the future, so it’s crucial to us that everyone receives what they were expecting.   The plan was to release all WCEF Hackathon tokens right away and make them available for use by September - the lockout period we stated about before the hackathon. But at the same time we knew that the participants would prefer to be able to use the tokens right away, so we sought legal advice on how to do it and that took extra time. Now our WCEF PRO tokens will be available for use upon distribution (which has now been completed).    We understand that we should have been more clear about this delay and we would like to apologize for it.    We want to reiterate that we have every intention of paying out these tokens. The submissions in the WCEF are worth every coin. If you have any more questions, feel free to reach out to our CFO Maria Angelova at m.angelova@propy.com  

Thanks so much for your patience as we sort through this issue!"

We personally want to thank Propy for their generous rewards and would like to continue to work together to help advance crypto and blockchain development projects in the future. 

We also want to thank hackathon participants for their patience in this matter and hope to continue to collaborate together on future events. 

 

If you have any further questions please feel free to reach out at: wcef@blockchain.berkeley.edu 

Best,

WCEF Organizing Committee