Lykke Corp based in Zürich funds the competition.

2 Mio Lykke coins (8'000 USD) is allocated to funding core development in next 
3 months,

Richard

> On 30.09.2015, at 14:22, Thomas Kerin <thomas.ke...@gmail.com> wrote:
> 
> Who is funding this?
> 
> Why not fund Core development?
> 
>> On 30 Sep 2015 7:37 am, "Richard Olsen via bitcoin-dev" 
>> <bitcoin-dev@lists.linuxfoundation.org> wrote:
>> All, 
>> 
>> We are looking for participants in a Bitcoin related competition: the aim is 
>> to build a trading platform (initially for foreign exchange, other assets 
>> will follow) which lets participants settle their trades through the 
>> blockchain via coloured coins. To facilitate a quicker trade reconciliation, 
>> the use of a sidechain is a suggestion but by no means a requirement. There 
>> will be an online briefing event today where we will outline the 
>> requirements in more detail, though much of it we have posted on our website 
>>  www.lykkex.com . 
>> 
>> As we want this to be a community driven  effort rather than something 
>> turning into a proprietary technology, all contributions will be made 
>> available under a MIT license on Github. 
>> 
>> I look forward to answering your questions at the online briefing event or 
>> over email,
>> 
>> Thank you and kind regards,
>> Richard Olsen 
>> 
>> 
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