Moonriver Is Kicking Off the First Quadratic Funding Hackathon on DoraHacks with $150K in the Prize Pool
DoraHacks is supporting Moonriver in launching Moonriver Grant Hackathon - its first Quadratic Funding Hackathon! All developers and early-stage projects are welcome to join us with the chance to compete for a $150,000 prize pool, powered by Moonbeam Foundation and Huobi Incubator.
Besides, bounties with generous rewards are also waiting for hunters to claim! Topics include but are not limited to XCMs, NFTs, DeFi, Indexers and Gaming. As the Global Strategic Sponsor, Huobi Inucabtor also provides Moonshot bounties for all the participating teams.
BUIDL Application Entry:https://dorahacks.io/grant/moonriver/detail
How to Join? Here's a BUIDLer's Guide: https://dorahacks.io/blog/guides/buidlers-guide-moonriver/
Feel free to join the Moonriver Developers community and hang out with other hackers, developers, judges and investors! https://t.me/moonrivergrant
Why Join Moonriver Grant Hackathon
A Huge Prize Pool Plus Bounties: All participants have a chance to win a $150,000 quadratic funding prize pool + unlimited community voting contribution!
Team/Project Promotion: Every project will have a chance to participate in a live demo that is open to developer/hacker and investor communities.
Fundraising Opportunities: Qualified projects of this hackathon will have chances to build connections with a series of investors including Huobi Incubator and more.
Engaging with Other Hackers: BUIDLers who participate in Moonriver Hackathon would have access to join the Moonriver BUIDLer Group (Invite Only), where you could communicate and learn with each other and even find your future business partner!
Schedule
Registration Start Date: Mar. 23rd, 2022
Global Hackathon Registration Due Date: May. 20th 10:00 AM EDT
Project Live Demo: Late of Apr.
Project Voting Period: May. 13th - May. 23rd 10:00 AM EDT
Grace Period: May. 23rd - May. 27th
Winners Announced: Late of May.
How to Apply?
Submit your project as a BUIDL
The BUIDL upload officially starts today and participants can upload their projects through: https://dorahacks.io/grant/moonriver
We hightly recommend you to read the guidance before project submission: https://dorahacks.io/blog/guides/buidlers-guide-moonriver/
Grant and Prizes
a. Community Voting Contribution: Voters could choose to support projects that they like by voting. All the votes will be distributed directly to projects.
b. $50,000 QF (Quadratic Funding) prize pool: QF prize pool will be distributed to projects by final popularity based on quadratic voting algorithm calculation. Please notice that: Voting numbers are the key metric.
C. $50,000 in Judge’s Prizes
d. Investment opportunities from global reputational investors and institutions
Final Rewards for projects = Community Contribution + QF prize pool + Bounties/Judge's Prize + Potential Seed Funding
How to Vote
- Get your Metamask wallet ready, and switch to Moonriver Mainnet:
https://docs.moonbeam.network/builders/get-started/moonriver/#connect-metamask
https://www.youtube.com/watch?v=ywpc1UwpIyg
2. Log in DoraHacks, and vote for projects you like today
What is QF (Quadratic Funding)
Quadratic Voting is a voting scheme introduced and often discussed in the Radical Markets community. It is often considered an innovative improvement of the traditional 1-person-1-vote model. With a quadratic voting algorithm, the cost of each vote to a single project from a single contributor will increase, this encourages community contributors to vote to more projects.
Individual community contributors can vote for their preferred projects to push them ahead in the funding round. Votes are directly donated to the respective projects after the round.
For more detailed information about QF please check:https://hidorahacks.medium.com/what-is-quadratic-voting-funding-how-did-we-improve-it-70989e813cf9
Moonriver Developer Resources
- Website: https://moonbeam.network/
- Connect to Moonriver: https://docs.moonbeam.network/builders/get-started/moonriver/
- Block explorers: https://docs.moonbeam.network/builders/get-started/moonriver/#block-explorers
- Connect your MetaMask: https://docs.moonbeam.network/builders/get-started/moonriver/#connect-metamask
- How to connect MetaMask to Moonriver tutorial: https://www.youtube.com/watch?v=ywpc1UwpIyg
- How to Use Native Cross-Chain Capabilities on Moonriver: https://www.crowdcast.io/e/moonbuilders-ws/12
- How to Use the Native Moonriver App on Ledger: https://www.youtube.com/watch?v=ct4h9MN41j4
Join Moonriver Social Channels
- Twitter: https://twitter.com/moonbeamnetwork | China: https://twitter.com/MoonbeamCN
- Discord: https://discord.gg/moonbeam
- Reddit: https://www.reddit.com/r/moonbeam
- Medium: https://medium.com/moonbeam-network
- Telegram: https://t.me/Moonbeam_Official
- YouTube: https://www.youtube.com/c/MoonbeamNetwork
- Crowdcast: https://www.crowdcast.io/moonbeamnetwork
About Moonriver
Moonriver is a parachain on Kusama that provides a seamless environment for teams that are most familiar with the Ethereum technology stack. Like its sister network, Moonbeam, the Moonriver smart contract platform capabilities feature unmatched Ethereum compatibility that goes beyond basic EVM support, simplifying the process to build an application on Kusama.
By mirroring Ethereum’s Web3 RPC, accounts, keys, subscriptions, logs, and more, Moonriver makes it easy to deploy your solidity smart contracts with no changes required. Ethereum projects can simply replicate their DApp and deploy it to Moonbeam using Hardhat, Truffle, Remix, and other popular deployment tools.
Learn More About Moonriver
If you’d like to dive more into the project, visit the official website, subscribe to the newsletter, or follow us on social media: Telegram, Twitter, Discord.
About DoraHacks
DoraHacks is a global hackathon organizer and one of the world’s most active developer communities. DoraHacks (https://dorahacks.io/en) is DoraHacks’ open-source developer platform and open source curation market. It provides unique on-chain tools to incentivize open-source developments around the world. The platform offers a variety of features including hacker profile, BUIDL, quadratic funding grants, bonding curve, bounties, hackathons to more than 100,000 users around the world.
Learn More About DoraHacks
Please visit our Website| Telegram|Twitter|Youtube
Disclaimer
MOVR awards cannot be paid to anyone in a prohibited jurisdiction, The United States of America and its Territories, Canada, the Democratic People's Republic of Korea, Cuba, Syria, Iran, Sudan, People's Republic of Crimea, People’s Republic of China. USDC awards can be paid instead of MOVR to The United States of America and its Territories, Canada, and the People’s Republic of China.