- Shiba Inu announces Shibarium Hackathon with a $5,000 prize.
- Summer of Shibarium builds hype for mainnet launch.
- Participants collaborate on original DeFi projects as they await mainnet release.
The Shiba Inu development team makes an exciting announcement, the Shibarium Hackathon. Tech fans, Web3 developers, designers, and the SHIB army are ecstatic over this exciting opportunity. This event aims to foster collaboration and inclusivity while interested participants to create unique applications using smart contracts on Puppynet.
In anticipation of the coming mainnet launch of Shibarium, the Shiba Inu community is in the midst of the Summer of Shibarium. This phase marks the release of thrilling updates and features by the development team. Participants can expect an exciting journey leading up to the mainnet launch.
The Shibarium Hackathon is already underway since July 30. In detail, the hackathon offers an impressive grand prize of $5,000 in BONE, the governance token of Shibaswap. The hackathon sets the stage for talented tech enthusiasts, Web3 developers, designers, and visionaries to showcase their skills and ingenuity.
In particular, collaboration lies at the heart of the Shibarium Hackathon. The development team urges participants to form diverse groups and work together to bring ambitious projects to life. While the hackathon focuses on decentralized finance (DeFi), zero-trust finance, Distributed Cloud Operating System (DC/OS), and healthcare, participants have the freedom to explore other areas as long as their applications are original.
To qualify for the grand prize, participants must adhere to vital rules set by the Shibarium hackathon. First and foremost, all smart contracts used in developing applications during the bounty program must be tested on the Shibarium testnet (Puppynet). This ensures an accurate evaluation of the projects.
Additionally, documenting the work, including technology and architecture, is essential and will be taken into consideration during the judging process. Participants are also required to provide short videos, ranging from 2 to 5 minutes, as part of their work documentation.
The excitement surrounding the mainnet launch of Shibarium continues to build, evidenced by recent developments like the launch of the Shibarium Beta Bridge for public testing.These indicators point towards the imminent release of the Shiba Inu L2 scaling solution on the mainnet, as noted by Shytoshi Kusama. No doubt, the SHIB army is in for a big treat, will SHIB holders feel the same way? Time will tell.
Read Also
disclaimer read moreCrypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
