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Ended
2022/02/08 → 2022/03/25, 13:00

Solana Riptide Hackathon@East Asia

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  • 23888Votes received

  • 23888 USDCCommunity contribution

  • 100,000 USDCMatching pool

Read the application guidelines:https://hackerlink.io/blog/guides/solana-riptide-hackathon-east-asia-application-guide/


Now, Dorahacks is supporting Solana in launching the Solana Riptide Hackathon@East Asia on the Developer Incentive Platform HackerLink! All developers and early-stage projects are welcome to join us, whether you’re from Asia, other parts of the earth, universe or Krypton :)

All kinds of dApps and projects including Payment, DeFi, Web3, GameFi, DAO, and anything beyond our imagination on Solana are welcome to join the Hackathon!

Schedule

  • Registration Start Date: Feb. 8th, 2022

  • East Asia Hackathon Registration Due Date: Mar. 25th

  • Global Hackathon Registration Due Date: Mar. 17th (could apply with EA Hackathon together)

  • Project Live Demo: Late of Feb.

  • Project Voting Period: Feb. 8th - Mar. 25th

  • Grace Period: Mar. 25 - Apr. 1st

  • Winners Announced: Early of Apr.

Benefits to Join:

  • Competitive Prize Pool:$100,000 quadratic funding prize pool + unlimited community voting contribution, and chance to win more than $5,000,000 prizes, rewards and seed-stage investment opportunities by participating in global hackathon!

  • Team/Project Promotion: Every project will have a chance to participate in a live demo that is open to developer/hacker and investor communities.

  • Investment Opportunities: Qualified projects of this hackathon will have chances to win more than $5,000,000 prizes, rewards and seed-stage investment opportunities.

  • Engaging with Other Hackers: BUIDLers who participate in Riptide Hackathon would have access to join the Solana BUIDLer Group (Invite Only), where you could communicate and learn with each other and even find your future business partner!

Grant and Prize:

a. Community Voting Contribution: Voters could choose to support projects that they like by voting. All the votes will be distributed directly to projects.

b. $100,000 QF (quadratic funding) prize pool: QF prize pool will be distributed to projects by final popularity based on quadratic voting algorithm calculation. Please notice that: Voting numbers are the key metric.

c. 5,000,000 global prizes, rewards and seed-stage investment opportunities

Final Rewards for projects = Community Contribution + QF prize pool + Seed-stage investment opportunities

How to Vote?

Get your Phantom/Slope wallet ready, log in HackerLink, and vote for projects you like today: ​​https://hackerlink.io/blog/guides/solana-riptide-hackathon-voting-guide/

What is QF (Quadratic Funding)

Quadratic Voting is a voting scheme introduced and often discussed in the Radical Markets community. It is often considered an innovative improvement of the traditional 1-person-1-vote model. With a quadratic voting algorithm, the cost of each vote to a single project from a single contributor will increase, this encourages community contributors to vote to more projects.

Individual community contributors can vote for their preferred projects to push them ahead in the funding round. Votes are directly donated to the respective projects after the round.

For more detailed information about QF please check:https://hackerlink.io/blog/guides/what-is-quadratic-voting-funding-how-did-we-improve-it/

Review of Some Past Projects that Received Investment

Project Name

Participated Grant

Investor

Solend

Solana Grant - 1

Polychain, Dragonfly, Coinbase Ventures, Solana Ventures and more

Apricot

Solana Grant - 1

Delphi Ventures, CMS Holdings, NGC Ventures,Solana Capital and more

1SOL

Solana Grant - 1

Multicoin Capital,Foundation Capital,SLOW Capital and more

Larix

Solana Grant - 1

Solana Capital、SolarEcoFund,Huobi Ventures, Fenbushi, LD Capital and more

Banksea Finance

Solana Grant - 1

Solana Grant - 2 

PetRock Capital,Parrot,MEXC Global,Solar Eco Fund, Digital Renaissance and more

Slope Finance

Solana Grant - 1

Alameda Research、Solana Capital、Jump Crypto、Sequoia and more

StepN(Find Satoshi)

Solana Grant - 2 

Sequoia India, Folius Ventures, Solana Ventures, Alameda Research and more

How to apply?

View all
  1. login with GitHub or Email
  2. Click Apply Grant with your BUIDL or create a new BUIDL to apply
  3. Choose Corresponding Category
  4. Connect wallet and register BUIDL on-chain

How to vote?

View all
  1. Prepare for USDC in your wallet
  2. Switch to the right network
  3. Enter the Grant BUIDL page and pick up projects you want to support
  4. Connect wallet and follow the prompt