ZYX Hackathon #1

ZYX NETWORK
2 min readNov 29, 2021

Introduction

After announcing our $1M Ecosystem Initiative the next step is hosting a Global ZYX Hackathon series. It’s crucial to expand our network with new talented developers and excellent products, that can bring a vast user experience. This is the main idea behind launching a series of Hackathons.

Overview

  • Submissions open: December 2021
  • Submissions close: 7 days after opening
  • Deadline: 30 days from hackathon start
  • Type: Online and global
  • Submission form: Official Website

Hackathon Project Ideas

All participants are free to choose any area for their submission. To give you some inspiration we’ve developed a classification for some of them:

  • Cross-Chain Lending
  • Fixed-Rate Loans
  • Analytics
  • Wallet with farming possibilities
  • Metaverse
  • Asset manager
  • DEX Aggregator
  • Liquidity Mining platform
  • Arbitrage bots
  • Gas price tracker
  • Smart Contract Insurance
  • Visualization dashboards
  • App store

Judging

Each participant/team can submit a maximum of 1 project by the indicated deadline. After the submissions window is closed, judges will receive a randomly generated list of projects for their further evaluation based on the criteria ( from the most to the least important ):

  1. Applicability and functionality
  2. Ecosystem impact
  3. Design + UX
  4. Purity of code

After judges complete individual evaluations, the hackathon organizers will discuss with the judges to choose the winners based on the project’s weighted scores. Winners of the event will be announced shortly after the end of the hackathon.

After winners were announced, the top 5 teams will compete for an additional $15K in seed investment, where only 1 team could be the winner. All prizes will be distributed in the equivalent of $ZYX coins with vesting.

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ZYX NETWORK

ZYX NETWORK is a decentralized PoS cryptocurrency with the payment function in a fast-growing ecosystem, provided by the economic motive with own blockchain