2021/10/18-2021/10/31 18:00 UTC
BINANCE SMART CHAIN GAMEFI HACKATHON CENTRAL & EASTERN EUROPE
Application Guide: https://link.medium.com/U17TzBHzlkb
If you successfully applied for participation feel free to join our Hackathon chat https://t.me/BSC_GameFi_Hackathon in order to ask any questions or find teammates.
GameFi industry started to grow rapidly this year. Binance Smart Chain became one of the core tools for Play-to-Earn (P2E) developers due to its cheap and fast transactions. We would like to attract even more talented developers from Easter Europe that are ready to leverage all benefits of BSC for their projects and support the best of them.That is why we decided to conduct a Central Eastern Europe GameFi hackathon with a $70,000+ prize pool. Besides this Hackathon Binance Smart Chain has just launched a series of super heavyweight announcements like the $1 billion growth fund for the BSC ecosystem and the flagship programs - Most Valuable Builder III and MVB Incubation Program. All actions actually have one common goal, which is to capture the most promising and demanding applications and support the best of them. For example, In MVB III: Beyond the Big Bang which is now the major window between Binance Smart Chain and its ecosystem, BSC focuses on the projects from the following areas: high-performance infrastructures, NFT and GameFi, and advanced DeFi legos. Among these, GameFi is a direction that BSC is keeping a very eye on now considering its rapid growth this year.
Schedule: application submission and quadratic funding starts on 18th of October and will last for 2 weeks till the 31st of October. From 01.11 to 05.11 our judges will score the top 10 projects and pick the 3 best of them.
Rewards: all projects will receive their donations from quadratic funding. Top 3 projects picked by judges will share a $70,000 prize fund.
Hackathon task: Develop a GameFi project with strong IP or collectibles
All submissions must be for projects built on the Binance Smart Chain and must be made completely open source. All submissions must be related to GameFi.
It should be games with mechanics that will allow users to earn money by playing it. No limitations for the genre. Projects could be at zero or early stage of development.
In order to apply for participation you need to press “Apply Grant” at the top of this page, in addition to all necessary information the team captain must prepare and upload a 5 min presentation of the project to Google Drive, and upload a link to the demo in his personal account. For more details you can follow this guide.
Voter Support: Chat with us in Telegram if you have any voting-related questions! Link: https://t.me/hackerlinkvoter
The event will consist of 2 phases Phase 1 (18.10 - 31.10) To determine the leaders, we will use the quadratic funding algorithm, and make the ladder of projects by the quadratic results of the community members' voting. Each member of the community will be able to donate to any project (or projects) that they like using their own funds. On the hackathon page on the Hackerlink website, after selecting a project you like, you can click on "Vote". The distribution of votes from the community will ultimately determine what projects will be picked for phase 2. Anyone can use BUSD to vote on projects and teams they like, BUSD donations will be directly transferred to projects.
Phase 2 (01.11 - 05.11)
We will pick top 10 projects that were determined by quadratic funding of the community and our judges will score each project based on following criteria:
Size of potential audience (0 - 10 points)
P2E potential (0 - 10 points) Uniqueness of the idea (0 - 10 points) Diversity of P2E mechanics (1 - 4 points) Game design (1 - 4 points) Low competition, no “same” games (1 - 4 points) Top 3 projects will be rewarded with our grant, provided by BSC and our sponsors.
Prize distribution: All projects will receive their funds from quadratic funding and Top 3 projects will also receive grant based on following proportions: Top 1 - 50% Top 2 - 30% Top 3 - 20%
Judging board: Alex Odagiu, Investment Manager - BSC Accelerator Fund Zaf Chow, Director of Digital Strategy and Partnerships - Animoca Brands Kirill Kuznetsov, Lead Blockchain Engineer - 1Inch Marco Robustelli, VP - Mission Street Ventures Herbie Fu, General Partner of IVC - Infinity Ventures Crypto Sergey Gurkin, Partner - BitScale Capital
Hackathon Sponsors: Binance Smart Chain Animoca Brands BitScale Capital Mercuryo 1inch Mission Street Ventures Infinity Ventures Crypto TigerTrade
Media partners: IHODL BeInCrypto
Frequently Asked Questions (FAQ) Can I participate alone?
Yes. Both individual participants and entire teams of developers from Russia, Ukraine, Eastern Europe can participate (the event is open for both beginners and experienced developers). If you also want to find a team or ask any questions you can join our Hackathon chat https://t.me/BSC_GameFi_Hackathon.
How will the selection take place?
Participants need to register for the hackathon, fill out a form and apply on the hackathon page on the Hackerlink website. The team captain must prepare and upload a presentation or video of a demo of the project to Google Drive, and upload a link to the demo in his personal account.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.
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