Tuesday, May 30, 2023
  • Home
  • Crypto
  • DEFI
  • NFT
  • Press Release
  • Contact Us
No Result
View All Result
No Result
View All Result
Home Press Release

Polygon Launches Hackathon Inspiring Developers to Build Decentralized Apps, Backed by a $100,000 Prize Pool

Alverta O'Conner by Alverta O'Conner
September 1, 2021
in Press Release
0
Polygon Launches Hackathon Inspiring Developers to Build Decentralized Apps, Backed by a $100,000 Prize Pool
710
SHARES
3.9k
VIEWS

Developers with the best ideas and MVPs will receive a $100,000 grant and unlimited community funding

DUBAI, UAE / ACCESSWIRE / September 1, 2021 / Polygon, an ethereum-based full-stack scaling solution bringing mass adoption to the ethereum platform, has launched Round 1 of its Polygon-Grants Hackathon on HackerLink, DoraHacks’ open source developer incentive platform.

You might also like

Symbiosis Adds Arbitrum Nova to Expand DeFi Connectivity

Symbiosis, the innovative cross-chain DEX, now launches its token on the zkSync chain

Tune.FM’s New Music NFT Marketplace Will Disrupt the Music Industry

Developers are encouraged to come up with ideas for decentralized apps (Dapps) and bring them to life on Polygon, with a prize pool of $100,000, unlimited community funding, and coverage across Polygon’s marketing channels up for grabs. The prize pool will be allocated based on votes from the Polygon community executed via on-chain quadratic voting as well as those from assigned judges.

Polygon has a reputation for being one of the most developer-friendly ecosystems outside of the Ethereum mainchain, offering the best tools for building applications on Ethereum, including Hardhat, Truffle, Metamask, and Etherscan. The Polygon ecosystem has been designed especially to make it easy for developers to get started on Polygon, build Web 3.0 apps, access a 1 million-strong user base and gain funding from VCs. DeFi bluechip Dapps including Sushiswap, Curve, Aave, Balancer, Kyber use Polygon.

Sandeep Nailwal, co-founder of Polygon, said: “We’re incredibly excited about the ideas that will emerge from the Polygon-Grants Hackathon. We already have the biggest brains in blockchain building innovative apps on Polygon, this hackathon will help us to further unlock the potential of developers around the world to help shape the next phase of Web 3.0.”

A range of these innovative Polygon-integrated projects that have gone on to achieve incredible success include QuickSwap, a permissionless decentralized exchange (DEX) based on Ethereum, and powered by Polygon Network’s scalability infrastructure; SushiSwap, an Ethereum-based decentralized exchange that lets you trade a wide range of tokens; and AaveGotchi, DeFi-powered NFTs staked with interest-generating tokens.

Polygon has also presented a long list of ideas to inspire hackathon participants, including non-fungible token (NFT) bridges to other blockchains to enable NFT minting, a lending protocol that immediately provides liquidity for assets transferred cross-chain, a decentralized version of Patreon to support creators and influencers, and a protocol to decentralize insurance risk without needing a third-party.

Polygon currently houses six times more gaming and NFT Dapps than other chains – currently over 500 Dapps. Since April this year, Polygon’s Total Value Locked (TVL) – a metric that denotes market share and growth – rose from $1 billion to nearly $9 billion. Polygon’s rapidly growing market share suggests there’s a strong demand for Dapps on faster and cheaper blockchain solutions.

Please visit Polygon-Grants Hackathon application guide for more information: https://hidorahacks.medium.com/polygon-grants-hackathon-application-guide-1d5c07817d9d

The Polygon-Grants Hackathon Round 1 will run from August 30 to October 22, and winners will be announced on November 3.

About Polygon

Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 500+ Dapps, ~567M+ txns, and ~6M+ daily txns.

If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.

For more information, please contact:

Pedro Park
Cryptoland PR | http://cryptolandpr.com/



Post Views:
14

Related Stories

Previous Post

WISeKey Joins Forces with Polygon, a Full-Stack Ethereum Scaling Solution to Offer Trusted NFT Solutions to the Masses

Next Post

NFT Host ART HAUS to Open Exclusive Gallery in Days

Alverta O'Conner

Alverta O'Conner

I’m a highly experienced and well-respected author in the cryptocurrency field. I have written numerous articles and books on the subject, and my work is highly sought after by both industry insiders and regular investors alike. Cryptocurrency is a relatively new and complicated field, but I can make the complex concepts easy to understand for even the novice investors. My writings would be beneficial for anyone looking to get serious about making money in this exciting new market. In addition to my writing, I’m also an active investor myself, and have made a significant profit from investing in cryptocurrencies. I frequently speak at investment conferences and seminars to share my knowledge on the market with fellow investors.

Related Posts

Press Release

Symbiosis Adds Arbitrum Nova to Expand DeFi Connectivity

by Alverta O'Conner
May 25, 2023
Symbiosis, the innovative cross-chain DEX, now launches its token on the zkSync chain
Press Release

Symbiosis, the innovative cross-chain DEX, now launches its token on the zkSync chain

by Alverta O'Conner
May 17, 2023
Tune.FM’s New Music NFT Marketplace Will Disrupt the Music Industry
Press Release

Tune.FM’s New Music NFT Marketplace Will Disrupt the Music Industry

by Alverta O'Conner
May 4, 2023
How ReneVerse’s “Borderless Gaming” Brings Asset Interoperability to Life. How ReneVerse’s blockchain-based asset interoperability technology makes “Free Guy” a reality
Press Release

How ReneVerse’s “Borderless Gaming” Brings Asset Interoperability to Life. How ReneVerse’s blockchain-based asset interoperability technology makes “Free Guy” a reality

by Alverta O'Conner
May 2, 2023
TABOO finalising lucrative deal with an ex-JP Morgan superstar while $TABOO token grows by 1000%+ in Q1
Press Release

TABOO finalising lucrative deal with an ex-JP Morgan superstar while $TABOO token grows by 1000%+ in Q1

by Alverta O'Conner
April 28, 2023
Next Post
NFT Host ART HAUS to Open Exclusive Gallery in Days

NFT Host ART HAUS to Open Exclusive Gallery in Days

  • Why must you pick a white label crypto exchange solution than developing a new one?
  • Bitcoin Product Demos During the Halving – Bitcoin Magazine
  • Whitelabel Cryptocurrency Exchange platform and it’s 4 salient features!
  • Despite Chaos, The Next BTC Price Rally Could Be Spurred By This Little-Known Bitcoin Indicator
    Crypto Pundit reveals what will likely ignite another parabolic Bitcoin Rally ⋆ ZyCrypto
  • Which is Best Crypto Trading Bot Platform?
  • CoinSwap Space first DEX to provide crypto purchases directly onto any non-custodial wallet via Ramp Network

    CoinSwap Space first DEX to provide crypto purchases directly onto any non-custodial wallet via Ramp Network

    3772 shares
    Share 1509 Tweet 943
  • Altseason Pushed Further Back As Top Altcoins Fall Under Bitcoin’s Spell ⋆ ZyCrypto

    3738 shares
    Share 1495 Tweet 935
  • Filecoin and Polygon Deploy Interoperable Bridge To Expedite Web 3 Development

    3545 shares
    Share 1418 Tweet 886
  • The Cost Of Transacting With Bitcoin Has Dropped By Almost 90% Within A Month ⋆ ZyCrypto

    3320 shares
    Share 1328 Tweet 830
  • CoinSwap Opens Up New DeFi Opportunities With Their Certik Approved DEX

    3032 shares
    Share 1213 Tweet 758

About

Cryptoate site is a comprehensive resource for everything related to cryptocurrency and blockchain. We aim to be a one-stop solution for all your crypto and blockchain news and events.

Email: [email protected]

Recent Posts

  • Understanding Smart Contracts: The Foundation of DeFi Lending
  • Discover Staking Risks and Considerations
  • Bug Bounty Program Governance and Policy Frameworks
  • Symbiosis Adds Arbitrum Nova to Expand DeFi Connectivity
  • How Blockchain Can Revolutionize Game Monetization Models

Catagories

  • Mining
  • Crypto
  • Press Release
  • Price Analysis
  • Cryptocurrency
  • Trading
  • Cryptocurrencies
  • Blockchain

Calender

May 2023
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031  
« Apr    
  • About Us
  • Contact Us

Associated with Blockchain Press Media Network.

No Result
View All Result
  • Home
  • Crypto
  • DEFI
  • NFT
  • Press Release
  • Contact Us

Associated with Blockchain Press Media Network.