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Bear is for BUIDLing: Solana offers $5 million in Prizes & Seed funding for Online Hackathon

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creativevoice
@uyobong
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Bear is for BUIDLing

The beauty of life is in the choices it presents us in everyday and in every phase. While some crypto participants are FUDing and prepare to FOMO in the next bull run, others are maximizing the climate of the bear system to build projects that are resilient. It is cool to discver that apart from LeoFinance and the Hive blockchain in general, the Solana blockchain is given to BUIDLing while this bear season lasts.

Solana Summer Hackathaon Camp

Solana's zeal for BUIDLing during the bear is expressed in the soon coming Solana Summer Camp to be held in San Francisco for the first 17 days of August, 2022. The online hackathon is expected to provide an environment where builders turn ideas into the next big web3 projects.

Solana is a decentralized blockchain built to enable scalable, user-friendly apps for the world. The scalability if the Solana blockchain is targeted at developers so they can build user-friendly apps that are fast for everyone who uses them.

Solana is a fast growing ecosystem in crypto, with thousands of projects spanning DeFi, NFTs, Web3 and more. Besides its growing market cap, Solana is one of the most hyped on the board as well. @khaleelkazi identified (1) insane increase in developer and founder activity, (2) VCs backing it to the moon with billions of dollars and (3) Fast and low-fee TXs as the key features of the Solana blockchain. Pooling as much as $5 million in Prizes & Seed funding for the Online Hackathon shows the readiness of the blockchain developers to create varieties of web3 solutions covering payments, DeFi, NFTs, Gaming, DAOs and more.

Registration and other Crucial Hackathon Details

To register for the Solana Summer Online Hackathon, simply fill the form in this link and submit. It takes not more than Three minutes or so.

​This event is for individuals and teams who are building on Solana. Specifically, this event is focused on developers, builders, and entrepreneurs who are registered for the Solana Summer Camp hackathon.

As a developer getting ready for the Solana Hackathon, a few things to expect to make the experience worthwhile and enjoyable are as follows:

  • ​A venue with good Wifi, workstations, and all-day snacks and refreshments.

  • ​​Educational workshops to improve your understanding of the technical and non-technical aspects of Solana.

  • ​​Sufficient time for your project.

  • Environment to promote networking and collaborations to be able to secure funding from the prize pool of $5m prizes.

Below are Six prize tracks for the projects to be built during the Hackathon and their respective sponsors.

1. Mobile Development

2. Payment systems

3. DeFi

4. Web3 Socialmedia Solutions

5. Blockchain -based Games and NFTs

6. DAOs

Final Thoughts

We are still in the early phase of adoption of blockchain and cryptocurrencies. The adoption rate can only grow with increased dapps giving solutions to social, economic, financial, educational, commercial needs and more. This makes every effort geared towards BUIDLing and supporting BUIDLing of true decentralized projects should be encouraged. I hope this Solana Hackathon births some more lofty web3 alternatives to web2 systems.

Disclaimer

The Solana Summer Camp Hackathon is a competition where projects will be evaluated by judges on their technological merits without consideration of legal viability. Participants in the Hackathon will create software solely for purposes of evaluation by judges as part of a competition and not for commercial deployment or release as part of the Hackathon. All participants must comply with applicable laws and regulations when releasing any software that they develop as part of the Hackathon.

Images screenshot from this page

Posted Using LeoFinance Beta