Location, December 14, 2023 — Injective unveiled the Illuminate Hackathon, in collaboration with Google Cloud and DoraHacks. This event is set to be a defining moment for developers and entrepreneurs in the blockchain and cryptocurrency sectors. The Illuminate Hackathon stands as a unique builder launchpad for Web3 finance applications, offering an inspiring prize pool of $100,000.
Register now: https://dorahacks.io/hackathon/illuminate/detail
Over the course of four weeks, this online hackathon invites participants to evolve their ideas into fully operational projects. This opportunity is enhanced by the mentorship of industry experts, providing a fertile ground for innovation in areas like decentralized finance (DeFi), Non-Fungible Tokens (NFTs), Social Finance (SocialFi), gaming, and tooling.
Injective and Google Cloud are dedicated to empowering these projects with technical support, mentorship, and the resources necessary for their accelerated growth. This initiative welcomes developers from around the globe to participate and leverage this chance to showcase their talent in building transformative Web3 projects.
The hackathon’s objective is to support projects at various stages of development, emphasizing the creation of native projects on Injective’s ultra-fast layer 1 blockchain. The event has been structured to include tracks in DeFi, Infrastructure, Tooling, and Web3 areas such as NFT, Gaming, and SocialFi. The prize distribution is strategically designed to recognize and reward outstanding contributions across these categories.
The hackathon submission deadline is December 21, 2023
The Illuminate Hackathon is more than just a competition; it’s a platform where ideas come to fruition, where participants can engage with leading minds in the industry, and take on the challenges of the blockchain space. The event promises a series of workshops, panels, and mentorship sessions, providing a comprehensive experience for all attendees.
To date, Injective has produced over 54 million blocks and handled over 369 million on-chain transactions, with an impressive average block time of 0.8 seconds and transaction costs under $0.01. The platform is dedicated to revolutionizing smart contracts through its CosmWasm smart contract layer, offering auto-executing smart contracts that foster faster, more innovative applications.
The platform stands out for its commitment to pioneering interoperability and customized DeFi solutions, alongside formidable security features. Injective’s ecosystem is powered by a global network of developers, validators, and partners. It features a variety of dApps including Exotic Markets, Helix, Hydro Protocol, Mito, and Neptune, showcasing the diverse potential of finance applications built on this robust blockchain.
For individuals and developers looking to engage with Injective, the process involves creating an Injective Wallet, acquiring INJ tokens, exploring the Injective Hub, and participating in governance through INJ. The platform’s community-driven governance model enables members to take part in protocol upgrades, staking for rewards, participating in burn auctions, and more, within the Injective blockchain network.
Injective’s role in the blockchain industry is not just about building a robust platform; it’s about fostering a community that pioneers the future of finance. With the upcoming Illuminate Hackathon, Injective continues to cement its position as a leader in the Web3 space, driving innovation and empowering the next wave of financial applications.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
