Xend Finance, a global crypto bank backed by Binance and Google Launchpad with an open Web3 infrastructure for developers, has launched the $RWA Hackathon.
This Hackathon is the first of many exciting partnerships and features for #StartupSouth9. With $3 million in potential investment and instant cash prizes available, this event is a golden opportunity for blockchain and Web3 developers to showcase their skills by building on the Asset Chain from Xend Finance.
Benefits
The $RWA Hackathon offers a unique chance for developers to gain exposure and access to resources that can accelerate their projects. Participants will benefit from:
- Potential Investment: With $3 million up for grabs, projects that stand out can secure funding to take their ideas to the next level.
- Instant Cash Prizes: Besides potential investments, there are immediate cash rewards for developers who create innovative solutions. The first prize is $1,000, with second and third prizes set at $750 and $500, respectively, and seven consolation prizes of $100 each.
- Exposure and Networking: Engage with industry leaders and fellow developers, expanding your network within the blockchain and Web3 community.
- Cutting-Edge Technology: Utilize the Asset Chain, which supports fast, scalable, and secure smart contract transactions, offering a robust platform for development.
Eligibility
The hackathon is open to:
- Blockchain and Web3 Developers: Individuals or teams with skills in blockchain technology and Web3 development.
- Innovative Thinkers: Those who are passionate about leveraging blockchain to solve real-world problems.
- Global Participants: Developers from around the world are encouraged to join and showcase their talents on an international stage.
How to Apply
The $RWA Hackathon, running from July 31 to October 3, 2024, offers developers the chance to solve real-life challenges and win big. To participate in the $RWA Hackathon, follow these steps:
- Learn More About Asset Chain: Familiarise yourself with the Asset Chain by visiting this link to understand its capabilities and potential applications. The Asset Chain is fully compatible with the Ethereum Virtual Machine and provides a fast, scalable, and secure platform, achieving transaction finality in 1–2 seconds and processing up to 5,000 transactions per second.
- Sign Up: If you’re a developer or part of a team, register for the hackathon by visiting this link.
- Stay Informed: For additional information and updates, check out the event details on LinkedIn.
Key Hackathon Activities & Dates
- July 31: Hackathon Announcement & Application Commencement
- August 9: Hackathon Ask-Me-Anything (AMA) Session
- August 15: Application Deadline
- September 14: Project Submission Deadline
- September 22: Shortlist Announcement
- October 3: Hackathon Demo Day at the #StartupSouth9 Conference in Port Harcourt, Nigeria
The $RWA Hackathon promises to be a groundbreaking event, providing a platform to highlight and showcase Xend Finance’s Asset Chain. This initiative is set to change how legally transactable asset types are handled on-chain, and participants have the opportunity to be at the forefront of this innovation.
Participants are encouraged to build, pitch, and win, becoming part of the future of blockchain. Interested developers can apply now and start building by visiting the website.
In a statement, Ugochukwu Aronu, the founder of Xend Finance, said, “The Hackathon will give innovators the opportunity to take Xend Finance’s latest cutting-edge platform for a spin.” This comes on the heels of the first Hackathon that produced Lazerpay.
Speaking on the collaboration, the Convener of #StartupSouth, Uche Aniche, said, “We are excited to be providing a platform to launch this innovative and groundbreaking solution built by Xend Finance. We look forward to celebrating and supporting the products that will emerge from the Hackathon.”
