2022/07/04-2022/07/19 12:00 UTC
Neo Polaris Plus Round 2
The Neo Polaris Launchpad event has wrapped up a successful Hackathon phase. Now it’s time for the final phase of the Polaris Launchpad event, Polaris Plus, a bonus funding round for projects submitted in the Hackathon. In Polaris Plus, the Neo community gets to decide the winners!
This is your chance to get involved in Polaris Plus as a token holder and community member. We encourage you to check out the projects from all the talented entrants and vote to help shape the future of the Neo N3 ecosystem. We at Neo look forward to supporting the voice of the community. Get ready to review this excellent set of projects and choose your favorites!
In 2021 Neo launched Neo N3, the newest and most powerful version of the Neo blockchain development platform. Polaris Launchpad is a hackathon-based event that provides the next opportunity for developers interested in Neo or Web3 to join the growing Neo ecosystem. Across the Planathon, Hackathon, and Polaris Plus phases of Neo Polaris Launchpad, this event offers a total $500,000 prize pool, along with opportunities to receive further funding through Neo’s $200 million EcoBoost program.
The Polaris Launchpad competition features five development categories. Together, these five categories represent the next wave of applications that Neo seeks to help bring to life in the Neo N3 ecosystem:
Anyone can vote in Polaris Plus: All you need are Neo GAS tokens and a passion for blockchain technology. In this special, community-led funding round, you will use your own GAS tokens to vote for your favorite teams and their projects that you want to see brought to life in the Neo N3 ecosystem.
Neo will then match these votes through quadratic means. The quadratic voting approach is intended to facilitate a fair distribution of funds to support the projects in which the collective community finds value.
Voting is simple:
Polaris Plus is an invitation-only phase of the Polaris Launchpad event. Selected teams with excellent projects have been invited to participate in the Polaris Plus phase. The teams were not required to win a prize in the Hackathon phase to be invited to Polaris Plus.
Starting from June 8th, these teams can make any final adjustments desired to their projects based on feedback received and lessons learned during the Hackathon competition. To be eligible for Polaris Plus, the teams must manually join the Dorahacks platform once Community Voting begins.
In the spirit of a better and more fair community voting environment per Neo’s vision of hoping that behind every vote is a real user, the Polaris Plus voting rules have been updated to include two phases.
At the conclusion of Phase 1, $10,000 of the total prize pool will be distributed equally across all participating teams, and $10,000 will be distributed to teams based on their rankings as determined by all valid votes in Phase 1. Phase 2 voting will begin on July 5th. At the conclusion of Phase 2, the remaining prize pool will be distributed to the teams based on their rankings from all valid votes in Phase 2.
Phase 1 Funding Cclosed On June 28
Phase 2 Funding Will Close On July 19
As you review the competing projects and choose your favorites, please consider the following criteria:
Quadratic funding uses a voting approach that is considered to be an innovative improvement to the traditional, “one-person-one-vote” model. The quadratic voting algorithm means that the cost of each vote to a single project from a single contributor increases, encouraging the community contributors to vote for more projects. Individual community contributors are able to vote for their preferred projects to push them ahead in the funding round. Votes are directly donated to the respective projects after the round. Detailed information about quadratic funding is available at https://hidorahacks.medium.com/what-is-quadratic-voting-funding-how-did-we-improve-it-70989e813cf9.
Neo is an open-source community-driven blockchain platform. It is the most feature-complete blockchain platform for building decentralized applications. Neo enables developers to digitize and automate the management of assets through smart contracts. It also provides powerful native infrastructures such as decentralized storage, oracles, and domain name service, creating a solid foundation for the Next-Gen Internet.
How to apply?View all