Blockchain Hackathons To Participate in 2021
The cryptocurrency and blockchain industries are gaining traction at a truly unprecedented rate. Cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and other major digital assets are becoming increasingly popular for use in financial transactions. Beyond digital money transfers, smart contract platforms such as Ethereum have introduced new ways to engage in activities such as borrowing, lending, and even staking virtual currencies in exchange for substantial returns.
Towards the middle of 2015, Vitalik Buterin, a Russian-Canadian computer programmer and author, and many of his colleagues introduced Ethereum (ETH) as a platform for developing and deploying decentralized applications (dApps). The efforts of Vitalik Buterin and many other prominent industry participants, including Vlad Zamfir and Gavin Wood, have resulted in an incredible crypto-economy built on the foundations of distributed ledger technology (DLT) infrastructure.
Many organizations and individuals have stepped forward to offer engaging blockchain-focused hackathons to promote the ongoing development of the crypto-assets and distributed ledger technology (DLT) space. These immersive events provide a truly interactive experience for both novice computer programmers and even some of the more experienced software architects who participate in the events.
It is recommended that you consider participating in a fun hackathon event, of which there are many to choose from, as one of the most effective ways to get involved. Here’s a list of five incredible opportunities for you to consider, all of which will prepare you to enter the multi-trillion-dollar digital assets industry when you graduate.
Metis Ethereum Hackathon is the first of its kind.
Participants in the Metis hackathon will have the opportunity to build decentralized applications (dApps) on the Ethereum blockchain. These distributed software applications can be deployed quickly on Metis Layer-2, and you can compete for a share of the $1 million $METIS prize pool by submitting your code to the competition.
METIS is an Ethereum-compatible Layer-2 Optimistic Rollup platform for the rapidly evolving Web 3.0 economy. Its native $METIS token is used to power transactions on its network, and it is compatible with the Ethereum blockchain. Onboarding high-potential initiatives, such as those developing scalable decentralized applications (dApps), innovative Defi solutions, distributed autonomous organizations (DAOs), and decentralized or non-custodial exchanges, will be the primary focus of the METIS Hackathon (DEXs). To this end, the project’s team wishes to guide developers and assist them in acquiring the skills they require to begin making significant contributions to both the Metis ecosystem and the larger crypto space.
With Metis Layer-2, you’ll be able to either develop (from the ground up) or simply port an Ethereum application, allowing you to take advantage of key capabilities without ever having to leave the Ethereum blockchain:
It has been noted by the Metis team that the first-place Defi project launched on Metis will be awarded $25,000 in Metis Tokens – the exact amount of which will be confirmed at the time of the winner announcement.
2. Swiss Blockchain Hackathon (to be held in 2021)
As a participant in this interactive event, you will have the opportunity to use the latest blockchain protocols to solve real-world business challenges. You can either join a team on your own or search for one using the mix&match features. SBHACK21 will take place at the Ambassador House in Zurich, at SUPSI University in Lugano, at the University of Geneva, and on the internet as a live stream.
More information can be found here.
3. ETHLisbon (European Transport Hub Lisbon)
Lisbon is an exciting hackathon event that welcomes all application developers who are interested in generating innovative ideas by leveraging the power of the Ethereum blockchain to take part in the competition.
This event is dedicated to bringing together the Ethereum developer community for them to compete and develop useful ETH-enabled decentralized applications (dApps). More information is available at this link.
In 2021, the Chainlink Fall Hackathon will take place.
Begin developing the next generation of hybrid smart contracts with the assistance of experienced software architects, creators, artists, and other mentors from all corners of the cryptocurrency and blockchain ecosystem, including the Ethereum blockchain. For additional information, please see this page.
5. BlockHack Hackathon (also known as BlockHack)
It is possible to learn how to bridge the gap between entrepreneurs and blockchain technology while also promoting the growth of blockchain-focused initiatives and ventures during this event. Please see this page for additional information.