The countdown to registering for the CoinEx MetaFi Challenge begins…Details here
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Answer The countdown to registering for the CoinEx MetaFi Challenge begins…Details here
Officially, the countdown to registration has begun for the “MetaFi the CoinEx Smart Chain Challenge” competition, which will close on October 12!
Launched on August 10, this competition has attracted developers from all over the world.
Focusing on the topic of MetaFi, the participants presented interesting and creative projects.
Contest information:
- Progress for the hackathon the link.
- Submission period: August 10 – October 12
- Judging period: October 17 – October 24
- Requirements: Create a Dapp on CoinEx Smart Chain and publish it on the Testnet network at least and this is the network link:
Importance of the MetaFi Hackathon:
Blockchain applications are growing towards emerging sectors such as metaverse and web 3.0, as blockchain technology has provided many developers with opportunities to capture new market shares.
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Unlike DeFi, MetaFi has more complex requirements and therefore requires more developers.
The hackathon presents a new challenge and opportunity for blockchain developers to experiment with many public networks and Web3 technologies and keep pace with the ever-changing industry.
The MetaFi hackathon will be held by CoinEx Smart Chain (CSC), and all entries will be built on the CoinEx blockchain.
The CSC blockchain is a major smart network launched last year, powered by CoinEx.
The team has been deeply involved in blockchain technology for many years and boasts deep knowledge and experience in blockchain.
With the aim of building an efficient decentralized financial ecosystem, CSC is EVM-compliant, has high performance and low gas fees, and can effectively accommodate fleeing traffic from overcrowded Ethereum.
Drawing on the innovative PoS consensus mechanism, CSC provides a reliable and stable cornerstone for the Web 3 infrastructure.
MetaFi the CoinEx Smart Chain Challenge:
With the aim of developing, discovering and assisting cutting-edge MetaFi projects, the MetaFi the CoinEx Smart Chain Challenge prepares 4 categories, namely:
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- web infrastructure 3
- SocialFi
- GameFi
- NFT.
Through award incentives, CoinEx hopes to ignite the innovation potential of developers, discover interesting social metaverse projects, and bring more practical and impactful innovations to the blockchain.
Nowadays, the MetaFi Hackathon has received entries from all over the world.
Some are impressive, like the Crypto Lottery that brings the US lottery from Web 2 to Web 3 Vexius, a decentralized marketplace where users can buy and sell things on the network, and Moniwar, a meticulously designed GameFi project focused on ancient Greek mythology.
Rewards and resources for projects submitted:
The MetaFi Hackathon provides a $100,000 prize to the final winners and also additional support for other excellent new projects.
To encourage ecosystem developers and diversify the public network, CSC has created two support funds since its launch, a multi-million dollar support plan and a five million dollar private funding support for the Metaverse environment.
In this hackathon, the CSC jury will pass a fair judgment on all projects.
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Any project that is competitive in the market and passes the evaluation of the CSC jury will have the opportunity to benefit from both funds.
CSC will provide premium projects among those receiving the funds with additional traffic and ecosystem resources, including media coverage, promotion in communities, exposure on the official website, and listing on the CoinEx trading platform.
With so many other benefits, what are you waiting for?
To register now, you can do so through the link.
Official links to the platform coinex On social networks:
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– Facebook:
https://www.facebook.com/CoinExMENA
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