Yesterday, April 15th, we started accepting applications for participation in the online hackathon on Binance Smart Chain. The hackathon with a prize fund of over $ 30,000 is dedicated to the development of DeFi and NFT projects.
The hackathon is organized by the Binance Smart Chain investment team. The event is sponsored by BR Capital, BitScale Capital, Rarible, Cocos-BCX and Dego Finance. Applications for participation in the hackathon are accepted from 15 to 26 April, the winners will be announced on 30 April.
The main task of the hackathon is to support the announced projects through funding for further implementation in the Binance Smart Chain ecosystem. Participants will also have the opportunity to participate in the Binance Smart Chart incubation program. Both individuals and organizations will be able to provide financial support to the projects participating in the hackathon.
“In 2020, DeFi has become the fastest growing segment in the cryptocurrency industry, and 2021 is the year of NFT,” said Gleb Kostarev, director of Binance in Russia and the CIS. “The online DeFi and NFT project development hackathon is a great opportunity for all those who have long wanted to try their hand at blockchain project development and become part of the Binance Smart Chain.”
The hackathon prize pool of $ 20,000 from Binance Smart Chain and an additional fund from BR Capital, YBB Foundation, Rarible, Dego Finance will share the best winning projects to be selected by the Binance community through a vote. The hackathon will also give away exclusive limited edition NFTs.
Developers can apply to participate on a dedicated page on the HackerLink website. After preliminary internal verification, the application will be displayed on the hackathon page, and the real-time community donation rating will be available on the leaderboard. The rules for applying for the online hackathon can be found on the Binance blog.
As part of the online hackathon, Binance has prepared a special program of educational workshops and webinars with well-known funds, cryptocurrency projects and opinion leaders.
О Binance
Binance is a leading global provider of infrastructure solutions for the blockchain and cryptocurrency industry, providing users with a suite of financial products, including the largest digital asset exchange by trading volume. Binance provides users with a unique set of cryptocurrency products and offerings in the following areas: trade and finance, education, research, philanthropy, business incubation, decentralized and infrastructure solutions, and many others.
О Binance Smart Chain
The Binance Smart Chain is designed to work in parallel with the Binance Chain and supports the creation of smart contracts for tokens on the Binance brand blockchain. It also introduces a completely new staking mechanism for BNB, one of the world’s leading cryptocurrencies.
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