March 22, 2022 — BNB Chain, one of the world’s largest community-driven, open-source and decentralized blockchain ecosystems, has launched its global hackathon, Revelation, which aims to bring developers together to compete for up to $10 million in prizes and seed funding.
Registration is currently open, and submissions will be accepted until May 5th.The hackathon will run from March 21st to May 10th for 50 days.
Revelation features six ground-breaking tracks: Disruptive DeFi, Innovative Infrastructure, Frontier Technology, MetaFi (SocialFi, GameFi, Metaverse, and NFT, among others), DAOs/dCommunities, and Blockchain for Good. The six tracks have been carefully picked to stimulate actual Web3 developments, particularly the Frontier Tech and Blockchain for Good tracks.
Venus, a decentralized finance (DeFi) algorithmic money market protocol on the BNB Chain, is presenting the Disruptive DeFi track. Ankr, a decentralized infrastructure to build and earn in Web3, and Celer Network, a blockchain interoperability standard, present Innovative Infra.
Certik, a leading security-focused ranking platform, presents Frontier Technologies. Kardiachain, the first decentralized interoperable and self-optimized blockchain infrastructure, presents NFT, GameFi, and the Metaverse. GuildFi presents DAOs & dCommunities. GuildFi is an ecosystem of games, communities, and NFT assets. HashKey, a tool that enables institutional investors to capitalize on investment opportunities in cryptocurrencies and blockchain technology presents Blockchain for Good.
Revelation’s other sponsors include some of the most dynamic web3 names, who have partnered with us to support multichain developers. Platinum sponsors include AWS, DoraFactory, SkyVision, NodeReal, GSR, Animoca Brands, WOO Network, and Tranches. Biswap, Galaxy, and IVCC are gold sponsors. MathWallet, Apeswap, Wombat, NFTScan, EPNS, and Multichain are silver sponsors.
“Revelation is the first in a series of global hackathons that will occur every quarter. The series will start a global initiative for the community to build projects that will add to BNB Chain’s fast growing ecosystem. The hackathon will drive innovation with a key focus on multi-chain/cross chain usability & interoperability,” said Samy Karim, BNB Chain Ecosystem Coordinator
The hackathon is co-hosted by DoraHacks, one of the largest multi-chain developer communities and incentive platforms. DoraHacks and BNB Chain will also jointly launch and curate BNB GrantDAO, a long-term grant initiative to support and cultivate innovative startups in the BNB ecosystem.
“Via the Revelation hackathon, we can provide long-term support for genuinely innovative projects in multi-chain ecosystems. Funding has always been challenging for many post-hackathon, pre-investment stage startups. DoraHacks and BNB Chain will host multiple grant rounds annually, providing everlasting support for new teams building in Web3 and other frontier technology space.” said Eric Zhang, founder of DoraHacks.
Revelation is an open internet hackathon, accessible to everyone. There will also be physical meet-ups in a variety of cities and regions worldwide, including Dubai, Latin America, Pakistan, Paris, New Delhi, and Taiwan.
Three winners will be chosen from each track during the hackathon. Winners will be determined through a combination of community quadratic funding and judge voting results. Community voting begins on April 20 and concludes on May 10. The projects will next be judged by a panel from May 5 to 9.
The virtual final event will showcase all of the winners and their projects, and the most promising candidates will be eligible for seed money from BNB Chain Fund.
Throughout the hackathon, there will be several incentives for developers who solve certain challenges. Additionally, the hackathon will hold multiple online sessions to assist teams during the 50-day event. There will also be Discord channels dedicated to support teams.
BNB Chain has previously conducted over 20 hackathons on GameFi, DeFi, and developer community events, attracting over 5,000 developers from around the world.
About BNB Chain
BNB Chain is a community-driven, decentralized and censorship-resistant blockchain, powered by BNB. It consists of BNB Beacon Chain and BNB Smart Chain (BSC), which is EVM compatible and facilitates a multi-chain ecosystem. Through the concept of MetaFI, BNB Chain aims to build the infrastructure to power the world’s parallel virtual ecosystem. For more information on BNB Chain visit https://www.bnbchain.world
DoraHacks is a global hackathon organizer and one of the world’s most active multi-chain Web3 developer communities. As a leader in the global hacker movement, Dora provides crypto-native toolkits to help developers around the world raise funding for their ideas and BUIDLs. 30+ major blockchain ecosystems have already adopted Dora’s infrastructure (hackerlink.io / dorafactory.org) for quadratic funding, community contribution, hackathon, bounty distribution, and governance of their developer communities. By far, 2200 projects in the DoraHacks community have received over $20 million in grants and contributions from supporters worldwide.