Singapore, Feb. 16, 2022 — Meter.io has launched its inaugural Ethereum Hackathon aiming to onboard the subsequent technology’s expertise into the Meter ecosystem.
These can nonetheless take part within the eight-week occasion in 4 classes. The hackathon started Feb. 14, 2022, with a prize pool of $100,000.
The blockchain ecosystem is rising at a file tempo. To harness the subsequent technology of expertise and propel this progress additional, Meter has launched the hackathon to offer a chance to the broader growth neighborhood to showcase their innovation on the Meter ecosystem and take part in its effort to scale and join the monetary web. The hackathon’s major aim is to empower these builders to create and execute inventive and sturdy purposes in 4 classes: decentralized finance (DeFi), GameFi, nonfungible tokens (NFT) and Web3 integration.
The eight-week occasion goals to assist not solely early-stage tasks and concepts from open-source developer communities but in addition established tasks, entrepreneurs and builders on different networks wishing to learn from the capabilities of Meter Community. The occasion will increase the variety of Meter’s developer neighborhood and assist spur the expansion of latest interdependent purposes.
From a developer’s standpoint, there are advantages within the Ethereum distant process call-compatibility of Meter Community akin to front-running and maximal extractable worth resistance, the low gasoline prices of metastable cash, excessive throughput and immediate finality. Builders can leverage Meter Passport, its interoperability resolution, for seamless presence on a number of networks.
All blockchain and smart-contract builders are eligible to enroll in the hackathon and win from a prize pool of $100,000. Contestants who end creating an open-source venture programmed in Solidity in one in every of these 4 classes by the deadline will probably be thought-about eligible contributors.
The overview panel for the hackathon contains outstanding crypto personalities from Concord, Ampleforth, Pantera, DHVC, Nemo Q Ibérica and Meter.io management.
Submission for the hackathon started on Feb. 14, 2022, and can finish on April 11, 2022. When registering, contestants are required to specify the entry’s class and venture title and full the registration type. It’s suggested that contestants give an in depth description of their venture’s logic and traits on the shape.
The submissions will probably be judged for originality and creativity, technicality and design, enterprise mannequin and feasibility, consumer expertise and practicality and use case. The judging interval for the hackathon will probably be April 14 to April 22, 2022, with the winners introduced on April 27, 2022.
For eligibility, guidelines, standards and additional particulars, go to the Devpost web site.
Meter.io is a extremely decentralized Ethereum scaling resolution with a built-in metastable gasoline forex. It connects to Ethereum and different blockchains as a layer-2 protocol and permits good contracts to scale and talk seamlessly by means of heterogeneous blockchain networks.
Comply with Meter.io to study extra concerning the venture and keep updated on its newest updates.
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