Introduction

In the rapidly evolving landscape of decentralized finance (DeFi) and blockchain technology, hackathons serve as a launchpad for talented developers and innovators to showcase their creativity and problem-solving abilities. One such event that stands out is the iBuild Online Hackathon, organized by iExec and supported by Taikai Network. This article delves into the nitty-gritty of the iBuild Hackathon, exploring its purpose, the challenges it presents, and the opportunities it offers to participants.

About iExec and Taikai Network

At the heart of the iBuild Hackathon lies iExec, a tech company that specializes in building a decentralized internet where users can leverage cloud resources without compromising their privacy. Taikai Network, on the other hand, is a JavaScript SDK that empowers web3 projects to interact with blockchain contracts seamlessly. Together, they form a powerful duo that fosters the development of next-generation applications.

The Challenge

The iBuild Hackathon invites teams of developers to tackle real-world problems through the lens of decentralized applications (dApps). The competition is divided into various tracks, each with its unique set of challenges:

  • Data Privacy: Developers must come up with solutions that protect user data while ensuring secure transactions.

  • Monetization: Teams are tasked with creating business models that can sustainably monetize dApps.

  • Oracle: Participants are challenged to build systems that can accurately predict future events, leveraging the power of blockchain technology.

Prizes and Opportunities

The iBuild Hackathon is not just about coding; it's about unlocking the full potential of the blockchain. Prizes totaling up to $18,000 in RLC (iExec's native cryptocurrency) are up for grabs, along with the prestige of being part of a cutting-edge event. Moreover, successful participants may even gain direct access to the iExec Grants Program, which could pave the way for further collaboration and funding.

The Process

From registration to execution, the iBuild Hackathon follows a structured timeline:

  • Registration: Opening on January 2nd at 10 AM CET, participants have ample time to prepare their entries.

  • Announcement: The list of participants is revealed on March 29th, setting the stage for the intense period ahead.

  • Execution: The hackathon proper kicks off on April 2nd, with participants working tirelessly to develop their solutions.

  • Submission: By April 28th at 12 PM CET, all participants must submit their final projects for judging.

  • Judging: On April 29th, the world watches as the best dApps are crowned.

Conclusion

The iBuild Online Hackathon by iExec is more than just a competition; it's a celebration of the future of the internet. By fostering an environment where innovation thrives, this event serves as a catalyst for change, pushing the boundaries of what's possible with blockchain technology. Whether you're a seasoned developer or just starting out, the iBuild Hackathon is an opportunity to make a mark and shape the future of the decentralized web.

Ready to make waves in the Web3 space? Register for the iBuild Online Hackathon and let your ideas take flight! .

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