Binance is organising a DeFi & NFT hackathon for African blockchain enthusiasts from June 7 to June 28, 2021. The 20-day hackathon will empower blockchain engineers to rapidly build blockchain solutions on the Binance Smart Chain in order to solve real problems identified in the African systems in place today.
The Hackathon theme, “Decentralized Africa”, is dedicated to the development of DeFi, NFT projects covering Savings, Lending and Borrowing, Swaps, Royalties and Renting, Elections, Identity Management, Land Ownership, NFTs marketplaces amongst other relevant areas with a total Prize pool of $30,000+
The total prize pool of $30,000+ will comprise:
- $10,000 provided by the Binance Smart Chain Investment team
- $20,000 constituting the “judges pick ” category which will be allocated to outstanding projects that will impact the DeFi, NFTs, and “Africa Hero” space. This is made possible by our partners: Bundle Mobox, Refinable, Quidax, Fortube, 1inch
- Limited exclusive NFTs.
This hackathon will allow both individual participants and organizations to participate in the financing of developer projects. All participants will be able to present their projects on the platform of developers DoraHacks HackerLink.io and get a chance to compete for the main prize pool + additional prize funds from the community and sponsors!
The main aim of this hackathon is to build, experiment, and push forward the frontier of possibilities with NFTs and DeFi. It will consist of workshops, AMA sessions, webinars, daily lucky draws, and conclude with a demo day showcase.
Who can participate
All developers, builders, and creators from Africa (hackathon is open to both beginners and non-beginners)
What to expect
All DeFi and NFT projects will be built on the Binance Smart Chain and made completely open source. Participants will build cool solutions that will potentially solve some of the real problems facing Africa. Some examples of areas to cover include: Savings, Lending and Borrowing, Swaps, Royalties and Renting, Elections, Identity Management, Land Ownership, NFTs marketplaces amongst other relevant areas.