Details of CoinEx Smart Chain (CSC) Hackathon.
CoinEx Smart Chain (CSC) Hackathon Grants
CoinEx Smart Chain (CSC) hackathon hits, a geek challenge not to be missed.
With the recovery of the blockchain industry in the second half of the year, a large number of innovative projects have emerged one after another. Metaverse, GameFi, NFT, etc. have attracted the attention of investors, and the market’s expectations for the bull market have become increasingly strong. For the blockchain project development team, this is also an opportunity not to be missed. How to seize the opportunity to market their own projects has also become a consideration for many development teams. Although the technical aspect is an important factor, in many cases, a stage that can develop oneself is often more important. Recently, ViaBTC Capital and CoinEx Smart Chain ( hereinafter referred to as CSC) announced that they will jointly hold a global hackathon event, dedicated to building a stage for many outstanding and promising project teams to show themselves, helping development teams build their own blockchain application products and push them To the market.
Advantages of CSC Smart Chain
The CSC smart chain is a high-performance public chain incubated by the CoinEx team. The TPS can reach 4000-10000. CSC perfectly supports the Ethereum EVM virtual machine. It has the advantages of low fee, fast confirmation, and decentralization. Developers can directly transfer the ether Square, currency security intelligence chain, fire and other ecological chain currency ripe D a PP source -generation code seamlessly deploy CSC, thereby attracting CSC Eco-user involvement, to achieve seamless project its ecology.
At present, the CSC Smart Chain has a complete mainnet, testnet, block browser, test coin faucet, API interface, development documents and other functions. At the same time, CSC has also established a tens of millions of dollars support fund to actively carry out the developer recruitment plan to facilitate development The person can carry out project development on the CSC smart chain.
The CSC is a global hackathon event activity, developers around the world can participate, and win huge prizes.
What will the CSC hackathon bring to the development team
For the D A pp project, there is almost no cost to migrate the application to the CSC smart chain, but it can bring many additional benefits, including:
1. The huge user group of CSC Smart Chain
The main users of the CSC smart chain are highly overlapped with CoinEx users, and the CoinEx exchange has a good reputation in the industry and also has a large number of active users. Therefore, for the D A pp project, the layout of the CSC smart chain is also best to open Way of visibility.
2. Hackathon huge financial rewards and publicity opportunities
For this CSC hackathon, the organizer gave out 300,000 US dollars to reward outstanding teams, of which 100,000 US dollars was the initial bonus, and 200,000 US dollars was the judge’s bonus. There will also be a chance to receive additional investment from ViaBTC Capital. In addition to bonuses, this hackathon will also have promotional opportunities such as AMA and Twitter activities to further create a good development space for the project team.
3. Incubation support of CSC Foundation Seed Fund
To participate in this event hackathon development team in addition to the award, as well as CSC Foundation incubator project and support policies, which contains up to 10 million dollars in funds to support the development team can at CSC support program official page application project. At present, the support plan is independent of this hackathon. Therefore, even if the development team has not signed up for the competition, they can apply only for application development based on the CSC chain.
4. The luxurious judge team gives the development team a stage to promote themselves
The luxurious judge team is also a highlight of this hackathon. The judge team is also made up of well-known big-time figures in the currency circle, including ViaBTC Group founder Yang Haipo, bitcoin.com founder Roger Ver, and Peckshield CEO Jiang Xuxian, TokenInsight the CEO Wayne, captain of ArkStream, Happy Block of Kenny, E verFinance Xiong Wei, founder, 1 i nch chief business development officer Ovchinnik Nikita, TK VENTURES’s Kyle Nguyen, Foresight Ventures partner Forest Bai and ViaBTC Capital Leader B Famous people such as onnie.
Numerous tycoons in the currency circle participate in the hackathon. In addition to their own halo effect, the winning projects in the hackathon will have the opportunity to obtain investment support from the tycoons of the currency circle. Relatively speaking, this hackathon is not only a contest between development teams, but also a self-exhibition of these teams. Therefore, for the participating development teams, this is also a golden opportunity.
Impact of CSC Smart Chain Hackathon on Investors
On the one hand, the holding of the CSC Smart Chain Hackathon is an opportunity for the development start-up team to showcase themselves, on the other hand, for investors, it also means the arrival of investment opportunities.
Let’s take Solana as an example. Starting in January this year and ending in September, Solana’s official and cooperative hackathons reached three times. During this period, Solana’s currency price also went from a few dollars to hundreds of dollars, attracting a large number of investors. It can be seen that the hackathon is a shortcut for the public chain to attract and establish an ecosystem.
By comparing the public chains of exchanges such as BSC and HECO, it can be found that when the public chain conducts a hackathon, it means that its ecology will usher in an outbreak, and its token price will also rise sharply. The CSC Smart Chain Hackathon was held for a relatively long time and lasted until December 13th this year. The guest judges in attendance were all well-known figures in the currency circle. The event organizer also left plenty of time for project participants. This will allow excellent teams to have enough time to polish their projects and make an initial investment and incubation incentives. It can be expected that the CSC smart chain will also usher in a development opportunity like BSC, Solana, and other public chains.
Please check CoinEx official website or contact the customer support with regard to the latest information and more accurate details.
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April 24, 2024
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