Solana global hackathon will pay up to US$1 million

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on tumblr
Share on telegram
Share on whatsapp
votes
Article Rating
Solana Global Hackathon competition will reward the best projects that use the blockchain Solana in action with BRZ in Brazil an additional US$25 thousand will be distributed.

The Solana Foundation will provide up to US$1 million for the best projects in the Solana Season hackathon. The developer event will be held from May 15 to June 7 and registration is now open.

Hackathons are events that bring together software developers, designers and other professionals related to the programming area, in order to create innovative solutions to a specific problem in a short period of time.

In a parallel action in partnership with BRZ, a Brazilian stablecoin, the foundation will distribute an additional prize of US$ 25 thousand in Brazil for the best projects. The winners will also be able to count on additional funding resources (seed funding).

Registration for the Solana Global Hackathon is available on the official website : https://solana.com/solanaszn

solana global hackathon

In addition to BRZ, the competition also has the support of the following partners in Brazil: Bitpreço, Foxbit, Alter, NOX Bitcoin, BitcoinToYou, PagCripto, Parsiq, and Binance. In addition to Brazil, the event will have editions in China, India, and Eastern Europe.

In addition to Brazil, the event will have editions in China, India and Eastern Europe.

The online event will feature DeFi, Web3, and NFT tracks, and each will feature first, second, and third-place prizes of US$20,000, US$10,000, and US$5,000 in USDC-SPL, respectively.

Individual projects will also have the chance to compete for additional prizes with support from MultiCoin Capital, DSRV, Nonce, Raydium, and Serum, and a great champion will be chosen who will win $ 30,000 in USDC-SPL.

Projects will be evaluated by experts in their areas of expertise without regard to legal feasibility. Participants must create software exclusively for evaluation purposes. After the dispute is over, interested parties will be able to compete for financing for the projects.

Over the next few weeks, Solana will hold online events on its YouTube channel to clarify information about the competition.

Solana

Founded by former engineers from Qualcomm, Intel, and Dropbox in late 2017, Solana is a single-chain Proof-of-Stake protocol that focuses on providing scalability without sacrificing decentralization or security.

Solana can currently process 50,000 transactions per second (TPS) with a single transaction cost of just US$0.00001.

BRZ Cryptocurrency

BRZ is the main cryptocurrency paired with the real and the first stablecoin paired with an emerging country currency.

With the token, it is possible to access international cryptographic platforms while maintaining a position in Brazilian Real.

In January this year, the cryptocurrency became part of the blockchain Solana, allowing cheaper and faster transactions. With that, the cryptocurrency gained yet another option for BRZ transfers at a lower cost.

Draw 250 USDC by Solana Brazil

In addition to the Solana Global Hackathon award, the Solana Brazil team will raffle 250 USDC-SPL for five people (50 USDC each).

To participate, just enter the Solana group on Telegram and fill out this form.

https://forms.gle/J2a4DNDbDzH51LUU8


Disclaimer: The information expressed in this article are solely those of the author and do not necessarily reflect the views of CryptoDeFinance. Each and every investment and trading move involves high risk. You should always conduct your own research when making a decision in crypto investment.
*with information from , criptonoticias, Twitter, google, insidersport, mclaren, tezos
votes
Article Rating

Read More About:

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on tumblr
Share on telegram
Share on whatsapp

Related Posts

Solana

Solana Hackaton has more than $1 million in prizes and seed funding.  During the Solana Season, a global hackathon focused on Web3, DeFi, and NFTs. Solana Season is happening since May 15th!

Read more
Subscribe
Notify of
guest
0 Comentários
Inline Feedbacks
View all comments