Gitcoin & Sovrython Virtual Hackathon - DropsEarn
Home Ended Gitcoin & Sovrython Virtual Hackathon
Gitcoin & Sovrython Virtual Hackathon

Gitcoin & Sovrython Virtual Hackathon

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Reward pool

$500,000

equal in SOV

Expected profit

Not set

equal in SOV

Max participants

No limit

DropsEarn score

Neutral

Normal, Low Risks

Event details

About 

Bitcoin-native DeFi is an unexplored galaxy in the blockchain universe. Take part in pioneering this new sector with them as team builds the future of a borderless, digital financial operating system.

Bitcoin is the solid foundation upon which to build the future of finance. It is transparent, incorruptible, programmable money. Innovating on Bitcoin does not mean changing Bitcoin Mainchain - it means building new layers of superpowers that extend the capabilities of Bitcoin. Sovrython is an opportunity to join other Bitcoin Mutants at the cutting edge of blockchain tech: sidechains, DeFi, Lightning Network, and Layer 2 systems. 

Sovrython Bounty and Grant Tracks

Decentralization/Privacy:

  • Decentralized Bitcoin mining pool
  • Decentralized p2p trading
  • Node deployments, infrastructure
  • Arbitrary messaging bridges
  • Sphinxchat 
  • Shielded transactions

Data Science 

  • Improved chain explorers
  • Advanced Analytics and Simulations
  • Oracles
  • APIs

Integrations

  • Wallet integrations with RSK
  • Lightning network
  • Subgraph on RSK
  • ENS / HNS applications
  • Bridges, Bridges, Bridges
  • Exchanges

Finance 

  • DeFi strategies / bots
  • Bitcoin mining futures
  • Bitcoin backed stablecoins
  • Fiat gateways
  • Options trading

Sovrython Partner Bounties and Grants

In addition to the $500k in bounties/grants provided by Sovryn, Sovrython will feature additional partner bounties in the Gitcoin explorer. These partners hail from blockchain ecosystems that are in alignment with our mission to boldly move forward in building Bitcoin-focused DeFi together. If you or your company/project would like to sponsor an additional partner bounty, please use the Sovrython Signup Form no later than Friday, May 28th.

At the time of publishing, team is delighted to announce the following partners:

Akash.network

Akash Network, the world’s first decentralized and open-source cloud, accelerates deployment, scale, efficiency, and price performance for high-growth industries like blockchain and machine learning/AI. Known as the "Airbnb for Cloud," Akash Network provides a fast, efficient, and low-cost application deployment solution. Developers leveraging Akash Network can access cloud computing at up to three times less than the cost of centralized cloud providers like Amazon Web Services, Google Cloud, and Microsoft Azure. Utilizing containerization technology, Akash Network leverages 85% of underutilized cloud capacity in 8.4 million global data centers, enabling anyone to buy and sell cloud computing.. Akash’s Interoperable Proof of Stake Blockchain is an open and globally consistent shared state machine that guarantees sovereignty over data and runtime with a high-performance RPC layer with multi-language libraries and bi-directional streaming.

  • Akash is providing an additional $100k in bounties and grants for Sovrython.

API3

API3 is a collaborative project to deliver traditional API services to smart contract platforms in a decentralized and trust-minimized way, that is governed by a DAO. At its core, API3 brings the ability for API providers to easily run their own oracle nodes to provide data on-chain without an intermediary to any decentralized application. At the heart of this mechanism sits Airnode, an open-source oracle node that is designed to be easily deployed by any API provider with almost no maintenance. With Airnode, dApp developers can write smart contracts to interact with the on-chain data of API providers.

  • API3 is providing $25k worth of bounties for submissions to Sovrython which integrate their open-source oracle, Airnode. Sovryn is matching this amount, for a total of $50k in bounties.

Interlay

Interlay envisions a future where blockchains can seamlessly connect and interact, regardless of their design and purpose. Anyone should be able to use any digital currency on any blockchain platform without restrictions. Interlay's mission is to enable Bitcoin holders to easily earn passive income on their BTC holdings by investing in decentralized financial products on any blockchain - without trusting centralized services.

ENS Domains

The Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain which enables developers to map human-readable names to machine-readable identifiers such as Ethereum addresses, other cryptocurrency addresses, content hashes, and metadata. ENS also supports ‘reverse resolution’, making it possible to associate metadata such as canonical names or interface descriptions with Ethereum and other chain addresses.

Sovrython Speakers and Judges 

The virtual conference will take place online at sovrython.sovryn.app utilizing the open-source conference platform interspace.chat. We are programming three days of talks at the beginning of the Sovrython from 4 - 6 June, and for three days at the end of the Sovrython from 16 - 18 July. All talks will be available on the Sovrython Event Calendar

Together with the cryptoliberation association, Parallele Polis, we are putting together an exciting lineup of speakers and judges from all across the Bitcoin, Ethereum, Web3 and DeFi ecosystems. If you would like to apply to give a talk, participate in a panel discussion, or act as a judge, complete the Sign-up Form no later than Friday, May 28th.

 

About

Sovrython is a 6-week long hackathon inviting developers from all chains to collaborate on L2 solutions utilizing EVM/Solidity compliant composability on the RSK sidechain for Bitcoin-native DeFi. There are numerous opportunities for developers to build, and team has the possibility to sponsor your efforts.

Activity Type

All Activity

Date

5 Jun 2021 03:00(UTC+3) - 18 Jul 2021 12:00(UTC+3)

Registrition

Closed

Event Status

You can't participate (Event ended)