Moledao Web 3.0 Hackathon in the Metaverse: Over $100,000 Prize Pool!

Moledao, a social platform for blockchain enthusiasts, announced today its upcoming Web 3.0 Hackathon. This pioneering global hackathon will be held in the Metaverse from 15th November 2021 to 9th January 2022. Web 3.0 is the vision for the next internet generation that is decentralized, verifiable, and secure.

Web 3.0 Hackathon is supported by Bybit, BitDAO, Web3 Collective, and Blockchain Infrastructure Alliance, which includes established organizations like EthSign, Mask, Torus, Biconomy, Polygon, PingCAP, and Alchemy Pay. The hackathon aims to be a platform that empowers developers to create projects that are innovative, user-friendly, and applicable in real-life.

There are three phases to the hackathon: Registration + Team Formation, Preliminary Review, and Finals.

Registration + Team Formation:

15th November — 31st December

Preliminary Review:

15th November — 31st December: Project Submission Period

31st December (before 24:00): Deadline for Project Submission

1st January — 3rd January: Preliminary Review by Judges

3rd January(night): Announcement of Finalists

Finals:

8th January (morning): Opening ceremony for Hackathon finals

9th January (afternoon): Project Demo + Award ceremony (Held in Cryptovoxels)

Prize Allocation:

1st Prize: $30,000

2nd Prize: $20,000

3rd Prize: $10,000

Details of other prizes will be announced at a later date.

All entries will be scored based on the following criteria:

• Commercial value (25%)

Whether the problem has a solution, whether it is applicable in real life, and whether it has potential commercial value.

• Creativity (25%)

The work breaks through conventional thinking, limitations and is innovative.

• Technical Challenge (25%)

The technical solution of the work has a certain degree of technical difficulty, or has a new breakthrough in technology.

• Percentage Completion (25%)

How and how much of the work is completed, what is the proportion of coding, whether it can be demonstrated, avoid PPT projects.

Main Theme: Web3.0

Welcome to the Web3.0 era. Web3.0 is the vision for the next Internet generation, which is decentralized, verifiable, and secure, where users are able to control their own identities, data, and destinies. In the present exploration stage of the Web3.0 world, new and exciting things have been created! We have seen how multichain decentralized applications (dApps), Metaverse, and Decentralized Autonomous Organizations (DAO) are slowly shaping the future, which brings our reality closer to the Web3.0 dream.

Let’s buidl the future together!

Recommended Track 1：Multichain Dapp

Public chain, side chain, Layer 2 solutions have been on the rise recently, especially with Ethereum network congestion and high gas fees. With the Ethereum Virtual Machine (EVM) as the common standard, it is now even easier for developers to deploy applications. However, current solutions are not so user-friendly with problems such as switching between networks, data issues, native token fees, and limited cross-chain liquidity. There is still a huge room for improvement in the development and design of multichain dApps. For this track, you can explore optimizing the user experience of multichain dApps, such as multichain gas fee proxy, cross-chain solutions, and many more!

Recommended Track 2：Metaverse Infrastructure

Communities are moving towards the Metaverse. Virtual land trading, virtual buildings construction. We have gone beyond the limitations of the physical world and your own imagination! In this track, you can explore creating Metaverse portals, developing virtual worlds, and/or building on current Metaverse platforms such as Cryptovoxels, Decentraland, and The Sandbox.

Recommended Track 3: DAO Toolkit

Web 3.0 has enabled the rise of Decentralized Autonomous Organization (DAO), the new (and preferred way) for crypto natives to build and organize truly community-owned communities. What comes next? DAOs would require a full ecosystem that covers wallets, cross platforms integrations, payroll management, resolution management, and many more. In this track, you can explore developing various solutions for DAOs such as payroll systems, project investment, and community management!

New and exciting things are gradually shaping the future, which brings our reality closer to the Web 3.0 dream. Register now for the hackathon and get access to free exclusive Web 3.0 related workshops here.

About Moledao

Moledao is a social platform for all blockchain enthusiasts to learn about the latest in blockchain, grow and contribute to building more innovative ideas with the help of experienced blockchain pioneers and innovators. It aims to bring blockchain to everyone and grow the ecosystem through education and global hackathons.

Related Links

• Registration: https://www.moledao.io/#/hackathon
• Event communication channel: https://discord.gg/5m4w49uXJg
• General community discussion: t.me/moledao