2021 Wanxiang Blockchain Hackathon Opens for Registration with a Prize Pool of over $51,000
On Aug.3, 2021 Wanxiang Blockchain Hackathon hosted by Wanxiang Blockchain Labs opens for registration. Under the theme of “Digital World 2077”, this hackathon not only offers an opportunity to developers around the world to showcase their talents but also marks the opening of 2021 Shanghai International Blockchain Week that will take place from Sep.10 to Sep.15.
Web3 Foundation, Protocol Labs and Qtum have confirmed to be the sponsors of this hackathon and will provide exciting challenges and generous prizes to engage developers from their communities.
Every aspect of our life, economy and society is undergoing digital transformation. Can you imagine what our world will be like in the future where everything is highly digitalized? The buzzword Metaverse that refers to the convergence of virtually enhanced offline reality and physically persistent virtual space, including the sum of all virtual worlds, augmented reality, and the Internet is a tempting proposal.
2021 Wanxiang Blockchain Hackathon invites talented developers around the world to explore the value of blockchain and the collaboration of blockchain and other digital technologies, such as AI, IoT, 5G, VR and AR in building the digital future.
Apart from the main challenge provided by Wanxiang Blockchain Labs, our sponsors have also set other exciting challenges.
Protocol Labs welcomes any project using Filecoin and/or IPFS or any of the decentralized storage services building on top of them (e.g., Estuary, Slate, nft.storage, web3. storage…) to compete for their prizes.
Web3 Foundation invites creative projects built upon Substrate regarding blockchain building, blockchain tools, Wasm interoperability, etc. to submit for their prizes.
Qtum invites talented developers to build NFT applications on Qtum blockchain to empower the construction of smart cities.
This hackathon consists of an online preliminary (Aug.3-Sep.10) and an offline final (Sep.10-Sep.12) with a prize pool of over $51,000. Votes from the community will determine how the initial prize pool that is worth $5,000 will be distributed to the finalists, while judges will decide the distribution of the other $50,500 provided by Wanxiang Blockchain Labs and our sponsors.
Moreover, you may also win the branding opportunities in 2021 Shanghai International Blockchain Week, as this hackathon marks the opening of this blockchain feast in Asia and beyond. The winner chosen by the judges will be able to present their team and project physically at the Seventh Global Blockchain Summit on Sep.14, while the winner chosen by the community will have the opportunity to introduce their team and project virtually during the online broadcast of the Seventh Global Blockchain Summit.
On top of that, our sponsors have also prepared generous prizes for developers that take their challenges. Protocol Labs will provide a prize pool of $15,000. Web3 Foundation will offer opportunities to join their activities, such as Web 3.0 Bootcamp, Polkadot Decoded, Substrate Course and Substrate Seminar. Qtum has promised rewards worth $10,000.
You may take both the main challenge and the sponsor challenges with the same project. This will not only give you a greater chance of winning but will also enrich the prizes you may win.
Aug.3-Aug.31: Registration + Project Submission
Aug.16-Aug.31: Announce Finalists in Succession
Sep.10: Opening Ceremony
Sep.12: Roadshow + Award Ceremony
Please note that all finalists must physically attend the final contest in Shanghai. Otherwise, they will be disqualified and replaced by teams in the waiting list. As for finalists who are based out of China or in places heavily impacted by COVID-19, they are allowed to attend the final contest virtually.
Please note that Wanxiang Blockchain Labs will invite individual developers to the DingTalk chat group for contestants. You will need to find partners in this chat group and then develop and submit your projects before Aug.31.
Wanxiang Blockchain Hackathon has been incubating talents and ideas for global blockchain industry since 2016. 2021 Wanxiang Blockchain Hackathon welcome developers who are interested in exploring the value of blockchain in the digital future to compete for the hefty prize and contribute creative and practical blockchain solution to the digital transformation of our economy and society.
To know the details of this hackathon, please visit the hackathon page of 2021 Shanghai International Blockchain Week official website at https://www.blockchainlabs.org/week2021/home.
About Wanxiang Blockchain Labs
Funded by China Wanxiang Holdings, Wanxiang Blockchain Labs is a non-profit research institution focusing on Blockchain technology. Wanxiang Blockchain Labs provides support for the research, entrepreneurship, developments and applications in the industry. It will also provide reference information for regulatory bodies. Overall, Wanxiang Blockchain Labs dedicate itself to the promotion and application of Blockchain industry, and to explore how the technology will be contributing to the development of the economy and the society. As the earlier research organization in China and determines to devote itself to promote the development of blockchain technology globally, Wanxiang Blockchain Labs has been hosting global blockchain summits in China, which have become an influential and iconic industrial events in Asia. Through these efforts, participants from various industries have showed great interest in blockchain technology and the known the potential of what it could bring to the world.