Hackers League Launches with $2 Million Prize Pool for Blockchain Innovators

Hackers League: Building the Future of Blockchain Through Community Engagement

Hackers League – The TON Ecosystem is embarking on a new journey with its ‘New Mission’ statement, which outlines the foundational principles guiding its transition into a decentralized independent organization. This mission focuses on enhancing community engagement, ensuring transparency, and democratizing access to all participants in the TON community.

Launch of the Hackers League

Today marks an exciting milestone as the Hackers League is officially unveiled. This global winter competition invites founders, developers, and hackers from around the world to showcase their blockchain skills, with a staggering $2 million prize pool at stake. The Hackers League represents a significant advancement towards achieving the overarching goals of the TON Ecosystem.

Competition Overview

Participants in the Hackers League will engage in a series of challenges across five distinct tracks, each designed to test their skills and creativity while offering substantial rewards. From DeFi to GameFi, the Hackers League provides a dynamic platform for developers to demonstrate their expertise and innovative thinking.

Building Blockchain Capacity for the Future

The Hackers League is not just about competition; it aims to build a robust blockchain community capable of integrating blockchain technology into everyday life. To achieve this, the competition includes 19 in-person bootcamps across major cities worldwide, offering participants hands-on experience and valuable networking opportunities. Each bootcamp will culminate in a wrap-up party, celebrating the collective experience of all participants.

Timeline and Key Dates

The Hackers League will take place from September 12 to December 20, 2024, encompassing various stages including registration, building, and judging. Below is a detailed schedule:

• Registration Begins: September 12, 2024
• Hackathon Building Phase: September 12, 2024 – November 23, 2024
• Bootcamps: October 11, 2024 – November 17, 2024
• Semi-finalists Selection: November 23, 2024 – December 5, 2024
• Finalists Selection: December 5, 2024 – December 15, 2024
• Live Judging Sessions: December 16, 2024 – December 17, 2024
• Winners Announcement: December 20, 2024

Hackathon Tracks and Challenges

Participants can choose from five main tracks, each offering unique challenges that align with their skills and interests:

DeFi Track

The DeFi track challenges participants to develop solutions for issues like Collateralized Debt Positions (CDPs) and synthetic assets. This includes creating user-friendly borrowing mechanisms or innovative yield farming protocols.

SocialFi & Utility Track

In the SocialFi & Utility track, participants are encouraged to utilize Telegram’s social features to build applications that enhance brand engagement or streamline community management.

Requirements and Eligibility

To ensure fairness and creativity, the Hackers League prohibits the submission of pre-made code. All applications must be developed from scratch after the public announcement. By the submission deadline of November 23, 2024, projects must meet the following criteria:

• DeFi: Must be launched on the mainnet.
• Gaming & Onboarding, Social & Utility: Fully operational on TON with on-chain mechanics.
• Infra: Full launch required.

A working Telegram Mini App is mandatory for submissions in the DeFi, Gaming, and Onboarding, or Social and Utility tracks.

Investment Opportunities with TON Ventures

In addition to the cash prizes, top projects will have the chance to secure investments from TON Ventures, which has a $500,000 investment pool. TON Ventures, with its $40 million fund, aims to nurture the next wave of innovation within the TON ecosystem by supporting early-stage crypto projects.

Conclusion: Join the Hackers League

The Hackers League is a unique opportunity for innovation, collaboration, and success within the TON ecosystem. Don’t miss out on the chance to participate in this groundbreaking event—register now and start building your future in blockchain!

Stay tuned for more updates on partner tracks and additional rewards by following TON Society and t.me/hackathonx.

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