Sui Overflow Hackathon Boosts Funding to $1 Million
Sui Overflow Hackathon Gains Momentum
The Sui Overflow hackathon, the first global virtual event dedicated to developing innovative products on the Sui blockchain, has seen its funding pool double to $1 million. This increase is driven by support from notable entities such as Alibaba Cloud, AngelHack, and dWallet, among others.
Expanding Opportunities for Developers
The hackathon aims to attract builders from around the world to create projects on the Sui network. Participants will have the opportunity to compete in categories like Consumer & Mobile, Infrastructure & Tooling, Gaming, and DeFi. Developers are encouraged to utilize Sui's advanced technologies, including zkLogin and Multi-chain capabilities, showcasing their skills with the Move smart contract language.
Success Stories and Sponsorship
Previous Sui-sponsored hackathons have proven to be fertile ground for budding projects. Scallop and Navi Protocol are two successful examples that emerged from past events, growing into significant DeFi protocols on the Sui network. This year's hackathon is supported by sponsors such as Elixir Capital, Comma3 Ventures, and Scallop, providing additional incentives for participants.
Attractive Awards and Benefits
The hackathon offers substantial prizes, including $30,000 for first place in each category. Additional awards for University and Community Favorites are also available. Teams can enter multiple categories, potentially earning over $100,000. Beyond the prize money, participants can receive Sui Foundation Grant Funding, audits, and credits to support their projects post-hackathon.
Registration and Event Details
Developers can register for the Sui Overflow hackathon until May 31, with a virtual demo day scheduled for June 15. Winners will be announced in late June 2024. The event promises to be a pivotal platform for blockchain innovation, offering developers the resources and recognition needed to succeed. Participants can stay informed through the Overflow Discord Server.
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