Interchain Hackathon: A Gateway to New Opportunities

04/26/2023 10:06 • NFT Newsflash • 138 views

On April 26th, Cosmos launched Interchain Hackathon, which has opened registration and project submissions. This Hacksong aims to promote the application of the ICS-721 format cross chain NFT that has been tested before. The winners of this Hacksong will have the opportunity to receive token rewards provided by Cosmos Hub, IRISnet, Stargaze, Uptick, and OmniFlix. In addition, participants also have the opportunity to apply for AWS Activate points worth up to $5000.

Cosmos starts Interchain Hackathon

The blockchain technology has brought revolutionary changes to the digital world, and with the emergence of Non-Fungible Tokens (NFTs), it’s evolving at a rapid rate. NFTs have been a hot topic for quite some time now and, to promote its cross-chain application, Cosmos launched Interchain Hackathon on April 26th. The event has been opened for registration and project submissions.

What is Interchain Hackathon?

Interchain Hackathon is a platform that aims to promote the application of ICS-721 format cross-chain NFTs, which have been tested before. The event is hosted by Cosmos, a decentralized network that facilitates the communication between separate blockchain systems, and supported by other networks such as IRISnet, Stargaze, Uptick, and OmniFlix.

How to Participate?

The registration process for Interchain Hackathon is simple and straightforward. Interested participants need to sign up on the Cosmos Interchain Hackathon website and submit their project proposal based on the given theme. The hackathon is open to anyone who has an innovative idea and wants to explore the potential of cross-chain NFTs. Participants also have the opportunity to apply for AWS Activate points worth up to $5000.

Theme of the Hackathon

The theme of Interchain Hackathon is ‘Cross-Chain NFTs’. The organizers are encouraging participants to come up with unique and innovative ideas that can be applied to the ICS-721 format cross-chain NFT. The hackathon provides a platform for developers to showcase their skills and creativity to a global audience.

Token Rewards for Winners

The winners of Interchain Hackathon will have the opportunity to receive token rewards provided by Cosmos Hub, IRISnet, Stargaze, Uptick, and OmniFlix. The total token reward pool is worth $200,000. The organizers have announced that the tokens will be distributed among the top three winners and thirty runner-up teams.

Timeline of the Event

The Interchain Hackathon started accepting project proposals on April 26th and will continue till June 10th. The judging process will take place from June 10th to June 17th, and the winners will be announced on June 24th.

Conclusion

Interchain Hackathon is an excellent opportunity for developers and cryptocurrency enthusiasts to showcase their skills and creativity. With the theme of ‘Cross-Chain NFTs’, the hackathon aims to promote the application of NFTs in various industries. The token reward pool and the opportunity to apply for AWS Activate points make it even more exciting.

FAQs

Q1. Who can participate in Interchain Hackathon?
A1. Anyone who has an innovative idea and wants to explore the potential of cross-chain NFTs can participate in the hackathon.
Q2. What is the total token reward pool for Interchain Hackathon?
A2. The total token reward pool is worth $200,000.
Q3. How long will the Interchain Hackathon be open for project submissions?
A3. The Interchain Hackathon will be open for project submissions till June 10th.

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