Blockchain and cryptocurrency infrastructure provider Binance has announced that it will be holding a DeFi & NFT hackathon for African blockchain enthusiasts in June.
The 20-day hackathon will run from June 7 to June 28, 2021 with the main aim being to empower blockchain engineers to rapidly build blockchain solutions on the Binance Smart Chain. It is open to all developers, builders, and creators from Africa (both beginners and non-beginners)
This comes following the 8-week developer masterclass series which commenced in January 2021 with a launch event during which the Binance CEO, Changpeng Zhao (CZ), announced the allocation of $1 million to African developers. The funding will go to developers building projects on the Binance Smart Chain.
With the theme “Decentralized Africa”, hackathon will be conducted on the Hackerlink website with the help of Dorahacks. It seeks 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.
Participants will be rated by the community and an esteemed panel of judges based on the quality of technology, innovation, demo and pitch. They will get a chance to compete for the main prize pool of $30,000 and an additional pool from the community, sponsors and the BSC Investment team. Participants will also have the opportunity to win limited edition NFTs and Binance Swags during the Hackathon period.
On June 6, 5PM WAT, 6PM SAST, 7PM EAT, there will be an opening ceremony where the organisers will give in-depth information about the hackathon and answer frequently asked questions from participants.
You can register for the opening ceremony of the Binance Hackathon HERE