Chiliz (CHZ) Announces $10,000 Hackathon to Innovate Sports Fan Engagement - Blockchain.News

Chiliz (CHZ) Announces $10,000 Hackathon to Innovate Sports Fan Engagement

Tony Kim Jun 20, 2024 18:26

Chiliz (CHZ) launches a hackathon challenging developers to create dApps for sports fan engagement, offering a $10,000 grand prize.

Chiliz (CHZ) Announces $10,000 Hackathon to Innovate Sports Fan Engagement

Chiliz (CHZ), a leading blockchain provider for the sports and entertainment industry, has announced an exciting new hackathon aimed at revolutionizing sports fan engagement. The hackathon invites passionate developers to create decentralized applications (dApps) on the Chiliz Chain, with the potential to win a grand prize of $10,000.

The Challenge

The primary objective of this hackathon is to develop game-changing dApps that elevate fan engagement, ownership, and interactivity. Participants are encouraged to leverage the power of blockchain technology to usher in a new era of digital fandom.

The Theme

Developers must focus on solutions that enhance the sports fan experience. Projects should demonstrate how they can improve fan engagement and interaction within the sports domain.

The Tracks

  • Fan Utility Projects: Develop retail-facing platforms that optimize the use of Fan Tokens for social experiences, commerce, and live events.
  • SportFi Projects: Create innovative solutions such as decentralized exchanges (DEXs), lending platforms, or SocialFi applications. These projects can integrate Fan Tokens or focus on SportFi infrastructure like Oracles and transaction facilitation tools.

The Prizes

The hackathon offers significant rewards:

  • 1st Place: $10,000
  • 2nd Place: $6,000
  • Community Award: $4,000

Prizes will be paid in three installments upon reaching specific milestones.

Beyond the Prizes

In addition to monetary rewards, winners will receive:

  • Exposure through a Chiliz brand campaign and recognition across the web3 sports space.
  • Support from the Chiliz team to develop the creative side of their projects.
  • Promotion across Chiliz’s social media, email, and other marketing channels.

How to Participate

Details on participation will be shared in the coming week. Developers are encouraged to start brainstorming their dApp proposals and familiarize themselves with the Chiliz Developer Documentation.

This hackathon represents a unique opportunity for developers to make a significant impact on the future of sports fandom. By joining the Chiliz Hackathon, participants have the chance to build something legendary and contribute to the evolving landscape of sports engagement.

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