The Graph (GRT) GRC-20 Hackathon Commences on February 3rd, With a Prize Pool of 150,000 GRT Tokens

The Graph is hosting the GRC-20 Hackathon, a five-week virtual event commencing on February 3rd, with a prize pool of 150,000 GRT tokens.

The Graph is hosting a GRC-20 Hackathon, a five-week virtual event that will begin on February 3rd and feature a prize pool of 150,000 GRT tokens. During the Hackathon, participants will collaborate to structure and share knowledge using the GRC-20 standard. Their goal is to create reusable, open data that will be accessible to developers around the world.

Interested individuals must apply by February 2nd. The event will kick off with a call on February 3rd. Projects are to be submitted by March 9th, followed by a judging period. Winners will be announced on March 16th.

According to an official tweet by GRT, “The Graph is a decentralized protocol for efficient data indexing and querying from public blockchains. One of the functional elements of The Graph is subgraphs. Subgraphs are created by third-party developers to receive and index data from specific blockchains.”

The Graph (GRT) is a utility token used within The Graph ecosystem. The Graph Foundation issues grants in GRT to subgraph developers and other tools. GRT holders can also delegate their tokens to curators or indexers to participate in network security and receive a share of rewards for curation or indexing.