To help the Indian blockchain improvement ecosystem, Solana, a high-performance blockchain community, has revealed that will probably be rolling out a brand new hackathon solely for Indian builders and entrepreneurs.
Solana Unveils Hackathon with Over $80k in Prizes
In a tweet on Tuesday, Solana famous that the hackathon, dubbed “Building Out Loud,” will final for 3 weeks and registration for it’s open to college students, Web2 and Web 3 builders, engineers, and mainly anybody who’s seeking to get into the crypto house.
The hackathon will probably be organized in collaboration with Superpumped and Devfolio, two tech companies which have helped host 1000’s of hackathons throughout the globe.
Participants can have the chance to win prizes from a pool containing greater than $80,000, be capable to launch a world product ranging from the primary day of the hackathon and lift capital from an inventory of outstanding buyers.
There are additionally a number of particular prizes from the Solana Foundation, Lightspeed Ventures, Balaji Srinivasan, CRED, Kunal Kapoor, Superpumped, Serum, and plenty of extra.
Envisioning One of India’s Largest Social Hackathons
In an announcement, Solana disclosed that it’s aiming to make the “Building Out Loud” occasion one of many largest social hackathons India has ever skilled.
The mission intends to continue to grow its ecosystem through the use of hackathons as a device for development, bringing the crypto business to extra mainstream customers.
The “Building Out Loud” hackathon is geared toward changing into a social motion for the younger technology of entrepreneurs which can be looking for new alternatives to launch a world product and lift capital from outstanding international buyers.
The three high winners of the hackathon will obtain money prizes of $10,000, $7,000, and $5,000, respectively, amongst different particular incentives. Registration for the hackathon is at the moment ongoing and is about to final till August 12, 2021.
Not the First for Solana
Just final month, Solana announced the winners of its Solana Season Hackathon competitors, a $1 million initiative that was established to help new initiatives on the Solana blockchain.
It chosen about 39 winners out of the 13,000 individuals and greater than 350 initiatives that it acquired within the competitors from throughout the globe.
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