Shiba Inu Community Gears Up for Shibarium Mainnet Launch with Thrilling Hackathon Event
As the highly anticipated mainnet launch of Shibarium, the layer-2 scaling solution by Shiba Inu, draws near, the development team has introduced an exciting new community activity: the Shibarium Hackathon. This event is part of the Summer of Shibarium, a phase dedicated to building momentum leading up to the mainnet launch. The team has promised a series of thrilling releases and updates during this period, creating much excitement among the Shiba Inu community.
🚀 The Shibarium Hackathon is here, and you can showcase your skills to win big!
🏆💰 $5000 in $BONE is up for grabs as the grand prize!
Remember for Shibarium team, your safety is always prioritized. pic.twitter.com/MFQgFQNtLd
— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO (@LucieSHIB) July 30, 2023
The Shibarium Hackathon was launched on June 30 to foster collaboration and inclusivity among participants. Marketing specialist Lucie announced the event, revealing that the hackathon offers a grand prize of $5,000 in BONE, the governance token of Shibaswap. BONE will play a crucial role in the upcoming Shibarium mainnet, serving as the currency for gas fees.
Facts About Hackathon
The hackathon is open to talented tech enthusiasts, Web3 developers, designers, and visionaries. The Shiba Inu team encourages participants to form diverse groups and work together on ambitious projects in a welcoming environment. The primary focus of the event revolves around building new solutions and applications in the areas of decentralized finance (DeFi), zero-trust finance, Distributed Cloud Operating Systems (DC/OS), and healthcare.
While these categories serve as the main themes, the Shiba Inu team has emphasized that participants have the freedom to build any solution they can envision. However, a key requirement is that the applications must be original and new, ensuring equal opportunities for all participants.
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The hackathon has several important rules to qualify for the grand prize. First and foremost, all smart contracts utilized in building applications during the bounty program must be deployed on the Shibarium testnet, known as Puppynet. This enables participants to test and refine their creations in a controlled environment before the mainnet launch.
Additionally, all teams are expected to thoroughly document their work, including details of the technology and architecture used in their projects. This documentation will be among the judging criteria used to evaluate the submissions.
Another interesting aspect of the event is that participants are required to provide short videos of 2 to 5 minutes, showcasing their work and the development process. These videos will be an integral part of their work documentation and presentation.
Shibarium Hackathon coincides with the recent launch of the Shibarium Beta Bridge
The timing of the Shibarium Hackathon coincides with the recent launch of the Shibarium Beta Bridge for public testing, as previously reported by The Crypto Basic. These developments indicate that the Shiba Inu L2 scaling solution is progressing rapidly and nearing its much-anticipated launch on the mainnet, a prospect that has been further confirmed by Shytoshi Kusama.
In conclusion, the Shibarium Hackathon promises to be an exciting and inclusive event, bringing together talented individuals to build innovative solutions on the upcoming Shibarium mainnet. The chance to win a grand prize of $5,000 in BONE adds an extra incentive for participants to unleash their creativity and contribute to the growth of the Shiba Inu ecosystem. As the Summer of Shibarium unfolds, the community eagerly awaits the mainnet launch, expecting it to be a significant milestone for the project’s future.
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Dr. Olajide Samuel juggles the demands of medical studies with a passion for cryptocurrency. A seasoned blogger, Olajide shares his vast global knowledge of the crypto space, offering insights to enthusiasts. Despite his busy schedule, his commitment to crypto remains strong, and he actively seeks ways to contribute to its future.
