{"id":16353,"date":"2021-09-01T14:43:02","date_gmt":"2021-09-01T14:43:02","guid":{"rendered":"https:\/\/www.openbusinesscouncil.org\/?p=16353"},"modified":"2022-05-04T21:37:22","modified_gmt":"2022-05-04T21:37:22","slug":"ethereum-full-stack-scaling-solution-polygon-launches-hackathon-to-inspire-developers-to-build-dapps","status":"publish","type":"post","link":"https:\/\/www.footballthink.com\/ethereum-full-stack-scaling-solution-polygon-launches-hackathon-to-inspire-developers-to-build-dapps\/","title":{"rendered":"Ethereum Full-Stack Scaling Solution Polygon Launches Hackathon To Inspire Developers to Build Dapps"},"content":{"rendered":"
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Developers with the best ideas and MVPs will receive a $100,000 grant and unlimited community funding.<\/strong><\/div>\n
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Polygon<\/a>, an ethereum-based full-stack scaling solution bringing mass adoption to the ethereum platform, has launched Round 1 of its Polygon-Grants Hackathon<\/a> on HackerLink<\/a>, DoraHacks\u2019 open source developer incentive platform.Developers are encouraged to come up with ideas for decentralized apps (Dapps) and bring them to life on Polygon, with a prize pool of $100,000, unlimited community funding, and coverage across Polygon\u2019s marketing channels up for grabs. The prize pool will be allocated based on votes from the Polygon community executed via on-chain quadratic voting<\/a> as well as those from assigned judges.<\/p>\n

Polygon has a reputation for being one of the most developer-friendly ecosystems outside of the Ethereum mainchain, offering the best tools for building applications on Ethereum, including Hardhat, Truffle, Metamask, and Etherscan. The Polygon ecosystem has been designed especially to make it easy for developers to get started on Polygon, build Web 3.0 apps, access a 1 million-strong user base and gain funding from VCs. DeFi bluechip Dapps including Sushiswap, Curve, Aave, Balancer, Kyber use Polygon.<\/p>\n

Sandeep Nailwal,<\/strong> co-founder of Polygon, said: \u201cWe\u2019re incredibly excited about the ideas that will emerge from the Polygon-Grants Hackathon. We already have the biggest brains in blockchain building innovative apps on Polygon, this hackathon will help us to further unlock the potential of developers around the world to help shape the next phase of Web 3.0.\u201d<\/em><\/p>\n

A range of these innovative Polygon-integrated projects that have gone on to achieve incredible success include QuickSwap, a permissionless decentralized exchange (DEX) based on Ethereum, and powered by Polygon Network’s scalability infrastructure; SushiSwap, an Ethereum-based decentralized exchange that lets you trade a wide range of tokens; and AaveGotchi, DeFi-powered NFTs staked with interest-generating tokens.<\/p>\n

Polygon has also presented a long list of ideas to inspire hackathon participants, including non-fungible token (NFT) bridges to other blockchains to enable NFT minting, a lending protocol that immediately provides liquidity for assets transferred cross-chain, a decentralized version of Patreon to support creators and influencers, and a protocol to decentralize insurance risk without needing a third-party.<\/p>\n

Polygon currently houses six times more gaming and NFT Dapps than other chains \u2013 currently over 500 Dapps. Since April this year, Polygon\u2019s Total Value Locked (TVL) \u2013 a metric that denotes market share and growth \u2013 rose from $1 billion to nearly $9 billion. Polygon\u2019s rapidly growing market share suggests there\u2019s a strong demand for Dapps on faster and cheaper blockchain solutions.<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Developers with the best ideas and MVPs will receive a $100,000 grant and unlimited community funding. Polygon, an ethereum-based full-stack scaling solution bringing mass adoption to the ethereum platform, has launched Round 1 of its Polygon-Grants Hackathon on HackerLink, DoraHacks\u2019 open source developer incentive platform.Developers are encouraged to come up with ideas for decentralized apps […]<\/p>\n","protected":false},"author":7,"featured_media":16354,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":""},"categories":[1],"tags":[19862],"acf":[],"yoast_head":"\nEthereum Full-Stack Scaling Solution Polygon Launches Hackathon To Inspire Developers to Build Dapps - OpenBusinessCouncil Directory<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.footballthink.com\/ethereum-full-stack-scaling-solution-polygon-launches-hackathon-to-inspire-developers-to-build-dapps\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum Full-Stack Scaling Solution Polygon Launches Hackathon To Inspire Developers to Build Dapps\" \/>\n<meta property=\"og:description\" content=\"Developers with the best ideas and MVPs will receive a $100,000 grant and unlimited community funding. Polygon, an ethereum-based full-stack scaling solution bringing mass adoption to the ethereum platform, has launched Round 1 of its Polygon-Grants Hackathon on HackerLink, DoraHacks\u2019 open source developer incentive platform.Developers are encouraged to come up with ideas for decentralized apps […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.footballthink.com\/ethereum-full-stack-scaling-solution-polygon-launches-hackathon-to-inspire-developers-to-build-dapps\/\" \/>\n<meta property=\"og:site_name\" content=\"OpenBusinessCouncil Directory\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-01T14:43:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-04T21:37:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.footballthink.com\/wp-content\/uploads\/2021\/09\/Polygon-Launches-Hackathon-Inspiring-Developers-to-Build-Decentralized-Apps-Backed-by-a-100000-Prize-Pool-.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"315\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Hernaldo Turrillo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hernaldo Turrillo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.footballthink.com\/ethereum-full-stack-scaling-solution-polygon-launches-hackathon-to-inspire-developers-to-build-dapps\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.footballthink.com\/ethereum-full-stack-scaling-solution-polygon-launches-hackathon-to-inspire-developers-to-build-dapps\/\"},\"author\":{\"name\":\"Hernaldo Turrillo\",\"@id\":\"https:\/\/www.footballthink.com\/#\/schema\/person\/b9610afd0759dc701187a7f622375c23\"},\"headline\":\"Ethereum Full-Stack Scaling Solution Polygon Launches Hackathon To Inspire Developers to Build Dapps\",\"datePublished\":\"2021-09-01T14:43:02+00:00\",\"dateModified\":\"2022-05-04T21:37:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.footballthink.com\/ethereum-full-stack-scaling-solution-polygon-launches-hackathon-to-inspire-developers-to-build-dapps\/\"},\"wordCount\":419,\"publisher\":{\"@id\":\"https:\/\/www.footballthink.com\/#organization\"},\"keywords\":[\"NFTs\"],\"articleSection\":[\"Open News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.footballthink.com\/ethereum-full-stack-scaling-solution-polygon-launches-hackathon-to-inspire-developers-to-build-dapps\/\",\"url\":\"https:\/\/www.footballthink.com\/ethereum-full-stack-scaling-solution-polygon-launches-hackathon-to-inspire-developers-to-build-dapps\/\",\"name\":\"Ethereum Full-Stack Scaling Solution Polygon Launches Hackathon To Inspire Developers to Build Dapps - 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