CFP-2208-05: Hackathon for DeFi Meta Chain (350 000 DFI) #197
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kynkong91
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kynkong91
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defi-cli signmessage 8Lb2YBdFHTbioN1e3RGf1Vvprrj7da8Srs CFP-2208-05-Yes H0n9kJ1Dgwmm/rcLjAg+v7mC6dsXgMXlyQGhwis24HyxRKJDmhgHa03FGCJUe4SxoWJQ1AFAjg8KjMLNWNPeT0c= |
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signmessage 8X9mSBVoeFfsk7XyAJmYCGu4SgrQzMj7Ud “cfp-2208-05-yes“ signmessage 8K5EUbUbdpRWH1Tx1tTSpJgXs1x8Bck5vN “cfp-2208-05-yes“ signmessage 8SQaHvzkrHik3o9vwF1MdKf2LkdgcicNTD “cfp-2208-05-yes“ signmessage 8cfqCfRmN697jMavNmgbJH61tRXNhBXCiM “cfp-2208-05-yes“ signmessage 8c3Rdmz1hCSvvSRittYUYQtQQLurX8dzzQ “cfp-2208-05-yes“ signmessage 8F8fVhgSHs71NUFvEmhVeYatzayo6YQ1Zw “cfp-2208-05-yes“ signmessage 8WnUuKZ7U55HNxmnwZMwzJHggRSy1ZKUKs “cfp-2208-05-yes“ signmessage 8XFTnhwwbyM3MA7jLosmiupJfzKvuC8XM8 “cfp-2208-05-yes“ signmessage 8LiEQLQCLkv2eTcQ5vmMWszMCXEYBk9GK3 “cfp-2208-05-yes“ signmessage 8YfZo7Qow2G6aZFWAzEoWAvxufA7AyYb4i “cfp-2208-05-yes“ |
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CFP payments have been processed. Please refer to #199 (comment) for detailed info and hashes. Thanks! |
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Overview
1. Background
Since the approval of DFIP 2111-B to add native support for EVM on DeFiChain, the engineering community has been hard at work to materialize this vision. This project was later aptly coined DeFi Meta Chain. Essentially, DeFi Meta Chain is a new EVM blockchain layer that will be tightly coupled with the native non-turing complete DeFiChain.
In layman's terms, DeFi Meta Chain is just like a gaming expansion pack. With this new gaming expansion pack, we add new content to the original native DeFiChain, whilst still retaining the original qualities and principles of the native DeFiChain - a blockchain dedicated to fast, secure, intelligent and transparent decentralized financial services.
DeFi Meta Chain will greatly benefit the DeFiChain community (non-exhaustive list):
Here is a broad roadmap DeFi Meta Chain:
2. Describe the purpose
As mentioned in the broad roadmap, we intend to launch a DeFi Meta Chain Hackathon. The goals and success metrics for the DeFi Meta Chain Hackathon are:
3. Format of Hackathon
The DeFi Meta Chain Hackathon will be held virtually on Devpost after the launch of the DMC MainNet. Devpost was selected because:
Participants will have approximately 6 weeks to build their dApps and submit it for evaluation. The evaluation period will last 2 weeks. There will be 2 types of prizes:
Note: The specific categories and allocation of the prizes are not yet confirmed. We will be consulting Devpost (who has organized many similar hackathons before) on what categories and allocation of prizes would achieve the most optimal outreach.
4. Fund Allocations
In total, we are asking for 350,000 DFI. The fund allocation is as depicted:
The pricing tier for project management services by Devpost are as reflected below. We will be opting for the basic tier.
The pricing tier for marketing services by Devpost tiers are as reflected below. We will be opting for the basic tier. For marketing, we will be opting for the full tier. The reason is because marketing will directly affect the (1) number of participants, and (2) number of completed projects which are the north star metrics of our Hackathon.
You may check out the full slide deck sent to us by Devpost here. Any unused funds will be returned to the CFP fund.
5. How does this CFP benefit the DeFiChain Community?
This CFP will benefit the community in the following ways:
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