INTMAX, a key sponsor of ETHGlobal Brussels 2024 and an Ethereum Layer 2 zkRollup, has announced a $5,000 prize for the best ideas on rewarding privacy contributions. This initiative aims to enhance user participation and overall privacy on its network.
Key highlights:
INTMAX announces a $5,000 prize for the best privacy reward mechanism ideas.
The contest is open to developers and privacy advocates.
Innovative solutions can involve mining or airdrops.
Rewarding contributions to privacy
The contest invites blockchain developers and privacy proponents to propose or develop methods that reward users for contributing to network privacy. Both conceptual ideas and implemented solutions are welcome, although practical implementations may have an edge in the evaluation process.
INTMAX's stateless architecture is designed for mass Web3 adoption, and its privacy protocols benefit from increased user participation. Unlike typical DeFi protocols where user competition for rewards is common, privacy protocols improve with more participants, offering greater privacy to everyone involved.
INTMAX's contest aims to address the straightforward yet challenging problem of rewarding privacy without duplication. By encouraging innovative solutions, INTMAX hopes to strengthen its privacy mechanisms and attract more users to its network.
To be eligible for the $5,000 prize, you need to meet the following requirements:
Implement or propose a method to reward users who prioritize privacy, such as through mining or airdrops. Submitting an idea is acceptable, but practical implementation will be taken more seriously.
Address the specific problems outlined in the provided documentation.
Ensure you explicitly apply for the prize during the submission process to be considered for the prize.
The bottom line
INTMAX is pushing the boundaries of blockchain privacy by incentivizing innovative ideas with a $5,000 prize. This contest aims to improve the network's privacy features by engaging the community.
