The 2022 Winter Olympics is in full swing. On Feb 10, the Justin-backed TRON hosted an Olympics for blockchain developers worldwide—the TRON Grand Hackathon 2022.
It is fair to compare the TRON hackathon to the Olympics in the blockchain sector. From the first TRON Accelerator in 2018 to the SUN Network Developer Challenger in 2019 to the Global DeFi Hackathon in 2021, all attracted capable developers and teams from worldwide. Built on the success of previous contests, TRON-backed hackathons can lay claim to represent the highest standard of research and development in blockchain technologies.
Unlike the previous sessions, the TRON Grand Hackathon 2022 is co-hosted by TRON DAO and BitTorrent Chain (BTTC). With the support of BTTC, which is now compatible with mainstream public chains like TRON, Ethereum, and BSC, this hackathon is set to appeal to the many excellent developers from other public chain ecosystems.
This hackathon offers a sweet spot for TRON to demonstrate its strength as China’s NO. 1 public chain to the rest of the world. Recently, TRON has created a succession of achievements from the total number of TRON accounts exceeding 76 million, to the announcement that the strong player and the largest decentralized exchange SunSwap integrates with SUN.io and gives a refresh to DeFi space, to the integration of BitTorrent into the Ethereum ecosystem, etc.
The TRON Hackathon will offer a perfect window for TRON to flex its muscle and to attract talented developers. As the Hackathon unveils, more developers and users will gravitate towards TRON for its easy and friendly development environment, superior network performance, and solid technical capacity.
“The future is not far from where decentralized storage, decentralized applications, digital assets, and cryptocurrency wallets are widespread. With the increasing use of decentralized, peer-to-peer and secure networks, blockchain is becoming the backbone of Web 3.0—the decentralized web.” said Justin Sun. The TRON Grand Hackathon 2022 creates opportunities for unheard-of talents to make their marks and accelerate the development of Web 3.0 while promoting the growth of the blockchain ecosystem at the same time.
TRON Grand Hackathon 2022, the first hackathon after TRON Foundation was restructured into the world’s largest decentralized organization TRON DAO, comes on a larger scale with upgraded rules.
Unlike the past one-session-a-year contests, this grand hackathon comprises three sessions, which makes it an actual “marathon for developers” as the name suggests. The duration from February 14 to November 13 is long enough to involve any passionate teams interested in building projects on the TRON public chain and BTTC throughout the seasons.
Each hackathon session has four tracks:
Web3: Contribute to the transition of Web 2.0 to Web 3.0 by introducing useful DAO tools and SocialFi;
DeFi: Leverage DeFi to serve billions of the unprivileged by offering convenient financial solutions to everyone;
GameFi: The next generation gaming where entertainment meets blockchain;
NFT: Embrace the creator economy.
The application is open to everyone, whether you are a blockchain developer, a smart contract developer, a designer, or a product manager, working individually or in a team. You are eligible for the review as long as you complete a project of any of the above categories using Solidity and post your project to TRON DAO’s forum by the deadline of each session.
This leads to a question: are those already work-in-progress projects also eligible for the Grand Hackathon? The answer is yes. Any existing project in development on TRON or other blockchains is welcome as long as it meets the requirements of this hackathon.
Besides, the judging of this hackathon comes with an update. The judging criteria have been diversified to include such dimensions as originality and creation, technicality and design, business model and feasibility, user experience, practicality and use cases, and contribution to the crypto currency’s ecosystem. The contest hopes to see well-rounded entrants in all tracks that can boost the growth of the decentralized network and the blockchain ecosystem.
The review panel is also worth mentioning. Like other games, this hackathon has permanent judges—delegates from KuCoin, Huobi, and Poloniex—and a dynamic special guest review panel for each session. Each track’s final review panel consists of crypto experts, KOLs, and a public community review board, whose scores account for 30%, 30%, and 40%, respectively, showing a combo of transparency and authority.
The community review board is undoubtedly the highlight of the judging system. The community will begin voting with TRX or BTT at the start of each judging period which will last for four days, and the voted tokens will be fully refunded to voters on the day the winners are announced. The whole process will be open and transparent.
For community members, the TRON Grand Hackathon 2022, where opportunities are everywhere, is a free entrance to a quality seed round. For entrants, they can have their work showcased in the world’s most mainstream public chain community without incurring any customer acquisition costs. And for TRON and BTTC, this is the start of building a more prosperous TRON ecosystem powered by the dual-chain engine, as this quality event will appeal to more blockchain talents into the TRON community. TRON will definitely embrace new breakthroughs at various major tracks in 2022, hitting “three birds” with one stone.
Last is the prizes that intrigue you most. With a total prize of $500K and each track with rewards of $125K, top five developers at each track will clinch a reward of $50K, $30K, $20K, $15K, and $10K, respectively.
Meanwhile, the prizes are distributed based on entrants’ level of completion to avoid prize hunting. Developers will garner 30% of the prize at the beginning, another 30% halfway, and the total prize at completion.
A gentle reminder to all developers: if you are interested, please sign up and submit your projects as soon as possible because, during the review, your response to questions from community members and the content of your posts at the entrants’ forum will also be considered in the final assessment. Even if winning the contest, winners will need to post their project progress, answer community questions, and update the community on the latest progress, which is a solid impetus for project promotion and development.
In addition to financial incentives, winning teams will be awarded invaluable support from TRON, including but not limited to extra financial support for projects with a vast base of active users, the listing of excellent projects on Poloniex and other exchanges supporting the TRON ecosystem, fast-track listing on TRON-supporting DEXs such as SunSwap, inclusion in the DApp list on TRONLink with a featured banner, and promotion on the social media account of TRON DAO or H.E. Justin Sun.
TRON Grand Hackathon 2022 will kick off on February 14. As the appeal and impact of decentralization are seen by more people globally, this contest that TRON showers with enormous resources and funds will further fuel this sweeping trend worldwide.
Website: https://tron.network
Twitter: @trondao
Discord: discord.gg/tron
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