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$100k Hackathon

Got the skills? Lets see what you got!

9 min readAug 16, 2022

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First things first — what is a hackathon? Just high-pressure coding events for advanced programmers furiously typing line after line of complex code, right? Wrong! Not only are there plenty of hackathons for beginners, a growing number welcome participants who have never coded before.

So let’s kick those misconceptions right away — yes, there are a lot of different types of hackathons out there, and while not all would be right for beginners or kids, there are still many events designed to get people of all ages and experience levels excited about coding.

Enjoy the benefits of hackathons

Hackathon events provide an opportunity to tackle something many of us have been striving to accomplish this past year: high-quality remote learning, prototype-building, and diving into independent passion projects.

Once introduced to the exciting world of hackathons, there’s so much more to discover.

From there, professional hackathons can launch careers and attract employers; 30.3% of all hackathons take place on college campuses for this very reason. At the next level, students will have the opportunity to learn while trying their hands at a professional-level process — and potentially doing a live job interview.

Participating

Of course, knowing where to find hackathons these days is half the challenge. Not only are most taking place virtually online, it’s also a matter of sifting through the long lists of upcoming events to find the right level, coding challenge, and community to kick off your child’s coding adventure.

With a little research, you’ll be well on your way to finding the perfect fit!

CSC $100K HACKATHON!

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CSC — CoinEx Smart Chain

As an emerging public chain, CSC aims to evolve into the infrastructure of the blockchain world that provides improved services for blockchain developers, enabling them to realize their blockchain dreams and build better next-gen blockchain applications.

MetaFi the CoinEx Smart Chain Hackathon

Welcome to MetaFi the CoinEx Smart Chain Hackathon! Build a fun app that features social networking and metaverse elements on CSC and win $100,000.

This year’s CSC hackathon aims to introduce more developers to the public chain and help them build their own metaverse projects on CSC while encouraging more community members to experience the metaverse, GameFi, and SocialFi. During the past supportive plans of CSC, we saw many outstanding DeFi projects. As such, we hope that more MetaFi projects will contribute to CSC’s ecosystem building during the present hackathon.

Click to Join the Hackathon: MetaFi the CoinEx Smart Chain, win $100000 in Prize

About the Hackathon

  • Time: August 10 — October 28
  • Submission period: August 10 — October 12
  • Judging period: October 17 — October 24
  • Winner Announcement: October 28

What kinds of projects we prefer?

  • Web 3.0 Infrastructure : These project shall adhere to the principles of decentralization, interoperability and composability, and presented as either a tool that users can directly utilize or a foundation on which other applications can be deployed.
  • SocialFi : These projects should combine DeFi and social networking features meawhile users won’t lose their privacy or risk to lose their assets.
  • GameFi : These projects can be game projects with DeFi features imbedded, meanwhile they should adhere to decentralization with no risks for users to lose their assets.
  • NFT : These project should stipulate how a piece of NFT is created and where its value comes from. The policy and process regarding the NFT’s transfer should also be made clear
  • Other creative projects including DeFi, tools and more.

Requirements

Build a Dapp on CoinEx Smart Chain and deploy on at least Testnet:https://testnet.coinex.net

What to Submit

  • Provide a URL to your working project and a whitepaper or lightpaper to demonstrate the tokenomics and project ideology of your project.
  • Project a URL and access to your project code repository. Access must be given by either making it public or sharing with developer@coinex.org and testing@devpost.com.
  • Provide deployed smart contracts from your project on the CoinEx Smart Chain.
  • Include a video (about 3 minutes) that demonstrates your submission. Videos must be uploaded to YouTube, Vimeo, or Facebook Video and made public.
  • Projects need to at least finish deployment on Testnet with full function. In order to get the best chance to win, you may select the categories of your project solution.
  • Project developers will need to provide your email address, telegram ID as contact information and join the discord server. (Will be added when the hackathon started)

*Please note that, we highly encourage all projects to build on CoinEx Smart Chain, however only those who have fully been deployed on CoinEx Smart Chain testnet are eligible for prize claiming.

Prize

  • Gold (Grand Prize ) : $20000 in USDT
  • Silver (2): $15000 in USDT
  • Bronze (2):$10000 in USDT
  • Runner Ups (6): $5,000 in USDT

Judging Criteria

Each criterion holds equal weighting. Judges will rate the submissions from 1 to 5 stars on each of the following criteria:

  • Concept Quality: How creative and attractive the project will be , if the tokenomics of the project is healthy or not, and if the utility of the token is reasonable or not?
  • Implementation: How complete is the project development? Is the website or prototype ready for users? How well constructed are the community engagement features, gameplay or tokenomics? If the token has been implemented to the dapp?
  • User Experience : Are the project features well thought out and easy to use? If users are able to understand the concept of the project easily? How fluent and user-friendly is the product?
  • Potential Impact : How in demand is this type of project? Is it reasonable that this project will be popular amongst the community? Does the team show potential to continue to improve and promote their project?

What is CSC? What does it offer?

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CoinEx Smart Chain (CSC) is a decentralized and efficient public chain created by the CoinEx team for decentralized finance. The public chain is, perfectly compatible with the Ethereum ecosystem, features high efficiency, low fees, as well as permissionless validators. All developers can easily build their own decentralized applications based on CSC or quickly deploy their EVM applications on CSC.

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CSC comes with 101 validators that generate blocks in a sequence determined by the amount of CET staked by each validator, which ensures the decentralization and security of the public chain to the greatest extent possible. Meanwhile, CSC’s low fees also help it stand out from the many public chains out there. At the moment, it only takes 0.01 CET, or about $0.0005, to execute a transaction on CSC. Such features make CSC an enabling environment for developers to build high-frequency applications.

Apart from technical convenience, CSC also provides comprehensive support that meets your demands. Having been dedicated to the blockchain industry for six years, the CoinEx team has built many first-rate products, including ViaBTC Pool, CoinEx Exchange, CoinEx Smart Chain, ViaBTC Capital, ViaWallet, and OneSwap. Relying on its strong network of blockchain resources built over the years, the team offers projects strong support in terms of fundraising, token trading, media promotions, and community expansion.

Through this hackathon, we hope to identify more projects that share our ambitions for MetaFi and Web 3 to spread the value of blockchain together.

Developing resource:

Metamask configuration:

  • Mainnet:

rpc: https://rpc.coinex.net
chainID: 52
symbol: CET
explorer: CoinEx Smart Chain (CSC) Explorer

  • Testnet:

rpc: https://testnet-rpc.coinex.net
chainID: 53
symbol: tCET
explorer: CoinEx Smart Chain (CSC) Explorer

Build with us to power the development of Blockchain technology!

Why Participate In a Hackathon?

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If you don’t know already, hackathons are programming events that last anywhere from 24 hours to one week. The purpose of a hackathon is a for a group of programmers to work together on a collaborative project. Most hackathons are competitions where several teams are competing to create prototypes that innovate on a theme or improve upon an existing project. A hackathon has plenty of benefits

  • Networking — At a hackathon event, you will usually meet people who have the same interests and skills as you. This creates the perfect environment for networking. All you need to do is network and exchange contact information with your fellow coders. Who knows, you may end up collaborating in the future.
  • Add value to your resume or CV — Hackathon participation looks very good on your resume or CV. It signals to people that you have programming skills, experience working in intense environments, and know how to win. People know that participating in a hackathon instantly increases your knowledge and skill level.
  • Create new concepts and ideas — intense problem-solving environments like hackathons facilitate the creation of innovative ideas and concepts. You must work with people from various fields, with multiple interests and skills, all collaborating to solve the same problem. The fact that there are time constraints make the task more exciting and brings out the best in people.
  • Company branding — If your company sponsors or organizes a hackathon, it can instantly increase its name recognition in its industry. The people who attend the event will become intimately acquainted with your company and its employees. That way they start to understand how your team operates and what you bring to the table.
  • Talent Acquisition — If your company organizes or sponsors the project, you can use this opportunity to assess and identify potential talent. If they can produce in this intense, fast-paced environment, odds are they will able to produce at an elevated level at your company. This makes hackathons an excellent way for tech companies to find talent.
  • Product development — The main idea behind a hackathon is to identify a problem and work collaboratively to create technologies that solve that problem. At the end of the hackathon, companies find that they have one or more prototypes, which could become new products.
  • CASH benefits Of course!
  • Personal satisfaction. You’re having fun building new things and the feeling is quite rewarding. You gain the respect of others for the job that is done and you participate in the advancement of technology.

A few tips for a good Hackathon

  • The pitch is so important! — A lot of people think that this part is not that important. They’re wrong! You need to be able to sell your idea, fast. I mean again, it all depends of the reason why you’re in a Hackathon. If you’re here to win then you should definitely think about the pitch. If you’re only here to have fun and don’t really care about winning (which is also ok), then it’s another story.
  • Work with the best — Your team is part of your success. You should be strategic and work with people with different skills & different backgrounds, a bit of everything, different perspectives. If you’ve got a good idea, pitch it in the beginning of the Hackathon and explain who you are looking for and the project’s requirements so you can find the right people to work with.
  • It’s not enough to be “cool” — You can have the greatest product with amazing features, but if it’s not helping a situation then there is no interest for others to invest in it. Keep that in mind.
  • Come prepared — Another recommendation would be to do your research, read documents and understand the libraries & technologies you’re going to use. No need to loose that time during the Hackathon! You can also be prepared by having a template already done for your presentation, having a pillow, a blanket, a bottle of water and more!
  • Be realistic — Its obviously good to have big ideas, but it’s very important to be realistic with your expectations & objectives. In only 24–48 h, you can’t really believe that you will have the end product. So focus on value, focus in delivering a MVP. Don’t spend all your time planning something unrealistic and ending up delivering almost nothing!

By now, you should be convinced to try out our Hackathon. Or at least, you should understand why it can be really interesting for some.

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MUSA PAPPY
MUSA PAPPY

Written by MUSA PAPPY

Technology enthusiast. Driven to Create purposeful content, out of context. Engage & let me know your thoughts.

Coinmonks
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Published in Coinmonks

Coinmonks is a non-profit Crypto Educational Publication. Other Project — https://coincodecap.com/ & Email — gaurav@coincodecap.com