Introduction
If you are a blockchain developer, then you do not want to miss this event. BNB chain is here again with its seasonal hackathon. This one is for the 3rd quarter of 2024. The first two hackathons were hugely successful with some great projects built and launched on the BNB chain. This particular hackathon will be even more significant with bigger prizes and more sponsors. All blockchain developers are invited to join no matter your level of expertise or area of specialization.
Build for Defi - win huge prizes
The organizers of this very hackathon called it Become a Champion builder. The event would take place between July 31st and August 15, 2024. Blockchain developers would be expected to create exciting projects in the defi space and submit them within the time of the event. The idea is not to make make average dApps, but to build innovative solutions that will drive change in various areas of human endeavor. Over $500,000 has been set aside to share and reward outstanding performers in this event. The organizers have a lot of positive vibes about the event:
This hackathon is not just a competition but a collaborative effort to push the boundaries of blockchain technology. Whether you are developing cutting-edge AI applications, pioneering new gaming platforms, revolutionizing DeFi, or contributing to the future of decentralized social networks, your ideas and innovations are the driving force behind the evolution of the BNB Chain ecosystem. source
A lot of different challenges have been put in place to accommodate almost all areas of blockchain development especially in the web3 space. Lets talk about them a little in the next section.
Three major categories for participation
For this Hackathon, the organizers have arranged 3 major categories or groups under which participants would compete. Check them out below:
- Part 1: In this category, you find the major developer areas or specialization that participants can choose to work in. It includes trending development projects in Artficial Intelligence, Defi, Gaming, Desoc and Infra. For example under artificial intelligence, developers could work on projects that handle data privacy better. Such dApps would be used to run projects where data privacy is a priority. Such projects would be implemented in the health industry for example where patient records should be kept private and only accessible to authorized staff.
Web3 gaming is another area of special interest for development work. Tap-to-earn games are now popular and driving the masses to blockchain technology. Participants are expected to work on games with the best in-game UI, assets and rewards strategy. Also, developers could create web3 game deployment ecosystems on the BNB chain. This would be an integrated environment for creating and launching web3 games. There are many other areas of gaming that developers could decide to focus their project on.
The Defi category is another interest aspect which calls for more development work. The tokenization of Real World Assets for example is a huge area that is already attracting investments. The event organizers want participants to built blockchain tools for converting physical assets to digital values and achieving all this on the BNB blockchain.
Other aspects that work could be done on includes creating a yields market protocol on the BNB chain. This type of protocol would allow staking of tokens and generating of better rewards than is already obtainable in the yields market of today. A gateway that could facilitate crypto payments is another area that this hackathon is inviting more work on. Such gateway would provide swift digital payment processing with the smallest charges or network fees. This will present a good competition for today's models.
- Part 2: This second part called Imagination Zone is designed to allow developers to unleash their wildest and most innovative project ideas powered by the BNB blockchain. There are no limits here, there are no rules or margins. Its all about building something so unique that it solves current problems more efficiently than existing alternatives.
Developers are encouraged to write a brief description of their idea and how much help they would expect from the community. Organizers of the even have promised to pick up the most brilliant projects and sponsor them fully into completion. So if you are a BNB blockchain developer ready to think out of the box, then you might as well focus on this part 2 of the hackathon designed just for you.
- Part 3: Many big projects have sponsored this hackathon including DEGO Finance and Polyhedra. There are a total of 9 sponsors. Together, they have put up their own challenge which is designed to showcase knowledge of their own projects. This challenge make up the 3rd part of the hackathon. If you want to check out the sponsor challenges featuring the different projects by sponsors, click here
Finally
BNB chain the organizers will try to stay in touch and support developers with any issues they might have along the way. To that end, they will put up a few physical meeting locations where developers could occasionally come together for social interactions and exchange of ideas. There will equally be virtual meetups to be hosted by the organizers where particiapnts would gain more insight to help them build the most innovative solutions.
If you can develop or build dApps on the BNB chain, then you do not want to miss out on this important event to create the next biggest dApp on the BNB chain. You can easily fond more details about this project here.
note: thumbnail from pixabay