- Shiba Inu propels innovation with the Shibarium Hackathon, offering a grand prize of $5,000 in BONE, the governance token of ShibaSwap.
- The hackathon targets tech enthusiasts, Web3 developers, and designers to build diverse applications using smart contracts on Shibarium’s Puppynet.
Shiba Inu, the well-known cryptocurrency project, has initiated an innovative community activity— the Shibarium Hackathon. This latest endeavor aims to nurture collaborative growth and creativity in anticipation of the mainnet launch of the Shibarium layer-2 scaling solution.
A Summer of Innovation and Collaboration
In an exciting phase coined the ‘Summer of Shibarium,’ the Shiba Inu community is all set to witness a surge of new releases and updates. It’s during this vibrant period that the Shibarium Hackathon was announced, further amplifying the anticipatory buzz within the community.
Launched on June 30, the Hackathon, as revealed by marketing specialist Lucie, is designed to encourage inclusivity, foster collaboration, and ultimately, drive innovation. The event offers a grand prize of $5,000 in BONE – the governance token of ShibaSwap that will also serve as gas fees on the upcoming Shibarium mainnet.
🚀 The Shibarium Hackathon is here, and you can showcase your skills to win big!
🏆💰 $5000 in $BONE is up for grabs as the grand prize!
Remember for Shibarium team, your safety is always prioritized. pic.twitter.com/MFQgFQNtLd
— 𝐋𝐔𝐂𝐈𝐄 | Summer of Shibarium (@LucieSHIB) July 30, 2023
>> Buy Shiba Inu quickly and securely with PayPal, credit card or bank transfer at eToro with low fees and deposit protection. Get started with SHIB now. Visit Website <<
The hackathon is an open call to tech enthusiasts, Web3 developers, designers, and visionaries, encouraging them to form diverse teams and work on ambitious projects in a supportive environment. The challenge? To construct new solutions and applications within a variety of sectors including Decentralized Finance (DeFi), zero-trust finance, Distributed Cloud Operating System (DC/OS), and healthcare.
The Rules of Innovation
To ensure fair competition and promote originality, the Shiba Inu team stipulated certain ground rules for hackathon participants. The use of the Shibarium testnet, Puppynet, is mandated for all smart contracts utilized in building applications during the event. Furthermore, participants are expected to document their work adequately as this will form part of the judging criteria.
The Shiba Inu team clarified that while they’ve suggested a few domains, teams are free to create solutions in any area of their choosing. However, to maintain an equal opportunity platform, all applications must be completely new and original.
Adding to this, short videos spanning 2 to 5 minutes, showcasing their work, are to be submitted by participants as part of their work documentation. This rule seems to underline the Shiba Inu team’s commitment to transparency and detailed evaluation during the hackathon.
This news follows closely on the heels of the recent launch of the Shibarium Beta Bridge for public testing. As Shytoshi Kusama, the pseudonymous developer behind Shiba Inu, has noted, these developments hint that the Shiba Inu’s Layer 2 scaling solution, Shibarium, is on the verge of going live on the mainnet, an event eagerly awaited by the SHIB community.
Best Crypto Exchange for Everyone:
- Invest in Shiba Inu 70+ cryptocurrencies and 3,000 other assets.
- 0% commission on stocks – buy in bulk or just a fraction from as little as $10.
- Copy top-performing traders in real time, automatically.
- Regulated by financial authorities including FAC and FINRA.
2.8 Million Users
