APENFT, the project committed to registering world-class artworks as non-fungible tokens (NFTs) on the blockchain, and TRON Foundation, a blockchain-based decentralized platform that was founded by Justin Sun, launches APENFT & TRON GameFi Hackathon.
GameFi Hackathon contest invites all the skilled developers around the world to develop any type of GameFi project on the TRON Blockchain and a total prize pool of $500,000 is up for grabs, with individual prizes as high as $200,000.
Interested developers would need to apply on Hackerlink.io and once successful they would be invited by the development team to exchange ideas across the board and open up boundless possibilities.
Developers would have until February 20, 2022, to submit their projects and they would be judged from February 20th up to the 27th.
Dec 20, APENFT launches the “APENFT GameFi Hackathon” on the concept of GameFi, with a $500,000 bonus pool. Vigorous ecosystem makes APENFT a resource pool of GameFi! Competition Entrance: https://t.co/QTkttI6Qe5 Influential sponsors: Binance Labs、Kucoin、IVC、Cadenza、EVG. pic.twitter.com/CvElv69NPR
— APENFT (@apenftorg) December 20, 2021
The entrants would have 60 days to complete their project and any outstanding project that stood out will be receiving APENFT’s generous support in funding and incubation after the Hackathon.
On March 1st, 2022 would be the announcement of the winners, and GameFi Hackathon would be judged by Binance Labs, Kucoin, IVC, Cadenza, and EVG just to name a few.
As mentioned on their website, projects would be judged by the following criteria:
- The project is innovative enough to break the current rules in one way or another in the GameFi sphere.
- The project features a diversified P2E (Play to Earn) mechanism to meet GameFi users’ demands.
- The project is achievable and has a large potential user base.
- The project is fully completed, presentable, well-organized, and sound in logic.
What is APENFT?
APENFT is a project committed to registering world-class artworks as non-fungible tokens (NFTs) on the blockchain and the company was officially registered in Singapore on March 29, 2021.
This project is built on the TRON ecosystem and powered by BitTorrent, the world’s largest distributed data storage system and APENFT is aimed at becoming the ARK Funds in the NFT space to build a bridge between top-notch artists and blockchain, and to support the growth of native crypto NFT artists.
What is TRON?
TRON is a blockchain-based decentralized platform that was founded by Justin Sun. TRON aims to create a free, global digital content entertainment system with distributed storage technology and allows easy and cost-effective sharing of digital content.
🚀The total transactions on #TRON exceeded 2.7 billion and reached 2,701,438,976.
— TRONSCAN (@TRONSCAN_ORG) December 22, 2021
TRON is dedicated to building the infrastructure for a truly decentralized Internet and they have added blockchain support to different fields such as DeFi, NFT, and GameFi.
APENFT and TRON Foundation surely knows how to end the year with a bang and with the GameFi Hackathon, expect to see some amazing projects in the TRON Blockchain early next year.
For more news and updates, see Tron Spark.