A Brief Summary of 2022 IC Bootcamp Courses in June
Five dedicated courses regarding product development, IC project investment & incubation, and business building have been provided last month in closed sessions to the participating teams by Rick Porter, CEO of DSCVR, Dieter M. Sommer, Senior Technical Project Manager of DFINITY, Yotam Harchol, DFINITY’s senior researcher, Hamish Peebles, co-Founder of OpenChat, Alexa Smith, Manager of Beacon Fund, and Herbert Yang, Asia GM, DFINITY.
Collaboratively launched by Wanxiang Blockchain Labs, New Chainbase, and the DFINITY Foundation, the 2022 IC Bootcamp is Asia’s first-ever Internet Computer training program focused on connecting great startup projects building on the Internet Computer blockchain with ecosystem resources. It is intended to help teams reliably operate and further improve their projects by providing systematic training courses regarding IC key technologies, and IC application development, community development and operation, blockchain team management, branding, etc.
Below are the brief summaries of the five courses, listed in chronological order.
Upon Product Development and Operation on IC — Rick Porter, June, 2nd
Rick Porter, CEO of DSCVR delivered a presentation illustrating how DSCVR is being developed from Beta launch, ecosystem development to Tokenomics. “Integrations into the SNS while developing an application could create a powerful and interesting situation,” said Rick, “where there will be a governance engine and token in a box that’s going to be maintained and upgraded mostly by the foundation.” Citing his personal experience working on diamond traceability using Ethereum blockchain, he pointed out things that need to be paid attention to in technical development and product design at earlier stages. Rick also said that the developer community on IC is a powerful one, where everyone else could provide support with building community and moderation, and helping each other out.
HTTP Request from Canisters — Dieter M. Sommer & Yotam Harchol, June 9th
In the one-hour presentation delivered by Dieter M. Sommer, Senior Technical Project Manager of DFINITY, and Yotam Harchol, DFINITY’s senior researcher, the oracle problems as well as the proposed design, considerations and future features of the alternative solution were discussed respectively. Starting his lecture with a detailed introduction of Canister smart contracts, Dieter explained the Canister architecture and the blockchain interaction paradigm which results in the necessary need of an oracle. Detailing several oracle problems, Dieter introduced what they are working on right now — the direct integration of Canisters with the external Web2 world. Yotam went on to discuss how such integrations will be reached, citing the weather conditions as an example. He also elaborated upon what they’ve been recently exploring for future features, including the Reduced Quorum, the Direct IPv6 connectivity, agreement in the case of slightly different numerical values, Custom CAs, etc.
Upon OpenChat Building — Hamish Peebles, June 16th
Hamish Peebles, co-Founder of OpenChat, started his presentation introducing how they decided to build OpenChat in the first place and remain focused on the Internet Computer. He went on to demonstrate the new version of OpenChat that went live on January, where every user has their own Canister ID, which makes it much more scalable. Hamish introduced in detail some features of the new version, including creating polls, sending attachment, sending crypto without having to type addresses, as well as an incentive regime that helps drives the growth of OpenChat by awarding users who’ve referred friends to become a verified OpenChat user. Hasmish also pointed out OpenChat’s advantage over Web2 social media apps that early users of OpenChat will receive a reward of CHAT tokens by making other people use OpenChat, and with users also being the marketing teams, it enjoys a powerful network effect.
Upon IC Project Investment — Alexa Smith, June 23rd
In her presentation focused on the IC investment, Alexa Smith, Manager of Beacon Fund, walked through some of those components that will make a good pitch and something investors usually attach great importance to while determining whether to make an investment. Alexa pointed out that a great pitch will consist of demonstrations of in-depth research on market opportunities, early traction, a technical roadmap to the next 12–18 months, and a go-to-market strategy. Teams making the pitch also need to tell an end-to-end, comprehensive story of their product, update their pitch whenever they get good feedbacks, adapt their pitch based on whom they are delivering to, and make sure they have a very concrete problem to solve with their product. The last part of her presentation also introduced some tracks Polychain Capital is currently looking for.
How to do Startup — Herbert Yang, July 7th
With proven expertise in project investment and starting businesses, Herbert Yang, Asia GM, DFINITY, introduced ten key points for making a startup succeed, including co-founders with shared values, product launch, good UI design, appropriate strategy for business expansion, etc. He also mentioned that it is the proper business model and the appropriate use of development capital that drive your project forward in a sustainable manner.
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