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Cryptocurrency News Articles

BNB Chain Launches "Coding the Future" Hackathon with $470K Prize Pool

Apr 11, 2024 at 06:00 pm

BNB Chain announces the launch of its "Coding the Future" hackathon for Q2 of 2024, featuring a $470,000 prize pool and challenges tailored to Web3 verticals such as DeFi, AI, and Infrastructure. Sponsored by Baby Doge and Holoworld AI, the hackathon encourages developers to build innovative DApps and solutions that align with industry trends and BNB Chain's 2024 Outlook.

BNB Chain Launches "Coding the Future" Hackathon with $470K Prize Pool

BNB Chain Launches "Coding the Future" Hackathon with a $470,000 Prize Pool

Dubai, United Arab Emirates – April 11, 2024 – BNB Chain, the community-driven blockchain ecosystem that encompasses the world's largest smart contract blockchain, has announced the commencement of its "Coding the Future" online hackathon for the second quarter of 2024.

The Q2 installment of the BNB Chain Hackathon 2024 is generously sponsored by Baby Doge and Holoworld AI, while the full annual hackathon garners support from Polyhedra Network, Dora Factory, DEGO Finance, TUSD, Sonorus, and THENA.

Empowering Innovation and Web3 Growth

This year-long hackathon series targets a diverse range of Web3 verticals, including DeFi, Gaming, AI, DePIN, DeSoc, and Infrastructure. Each track meticulously aligns with industry trends and BNB Chain's 2024 Outlook, providing developers with tailored challenges to showcase their ingenuity.

Developers can explore these challenges and register for the hackathon here: [BNB Chain Hackathon Registration Link]

BNB Chain remains committed to fostering innovation and accelerating the growth of the Web3 ecosystem. As such, it has allocated a substantial prize pool of $470,000 for the Q2 2024 hackathon.

Success of the Q1 Hackathon

The Q2 hackathon builds upon the success of the "Building Smart and Fully-on-Chain Applications" hackathon held in Q1 2024. The inaugural hackathon attracted developers worldwide, resulting in 700 entries and 178 selected projects.

After meticulous evaluation, BNB Chain selected 12 projects to present at Demo Day, where they competed for the top three spots. Greenfield Indexer, an open-source index service and API, emerged as the first prize winner. Other prize winners included LocknPull, a Web3 native exchangeable card game, and PLAYMASK, a Web3 gaming infrastructure.

Additional Sponsorship Challenges

In addition to the track challenges offered by BNB Chain, the Q2 2024 hackathon presents developers with the opportunity to tackle additional challenges set by sponsors:

  1. Developing an on-chain data intelligence tool for BNB Chain, Dora Vota, and other app chains
  2. Enhancing utility and engagement for Baby DogeCoin
  3. Exploring the integration of TUSD in emerging areas such as GameFi, SocialFi, DePIN, and AI
  4. Redefining Hollywood with AI
  5. Establishing a Bitcoin messaging protocol for BNB Chain and Bitcoin
  6. Creating a comprehensive points system for THENA ARENA
  7. Integrating AI with BNB Chain and other protocols to attract new users
  8. Discovering the next AI star on Holoworld AI

Timeline and Eligibility

The Q2 hackathon will span a period of one and a half months, with registration closing on April 25. Participants can unlock additional rewards by completing milestone challenges.

Winners will receive dedicated technical support from BNB Chain for up to one month after the hackathon. They will also have exclusive access to interview opportunities with MVB program coordinators.

About BNB Chain

BNB Chain is a vibrant blockchain ecosystem empowering developers to build impactful applications. Its key components include:

  • BNB Smart Chain (BSC): A secure DeFi hub with low gas fees and serves as the ecosystem's governance chain.
  • opBNB: A scalable L2 solution offering extremely low gas fees and rapid transaction processing speeds.
  • BNB Greenfield: A decentralized storage solution that enables the establishment of data marketplaces.

The AvengerDAO community ensures the security of BNB Chain, while Red Alarm provides real-time risk detection for DApps. The ecosystem incentivizes builders through its Builder Support Program, offering monetary rewards and ecosystem support.

For further information, follow BNB Chain on Twitter or explore its DApp library.

Contact

BNB Chain
[email protected]

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