Blockchain

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

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5 months ago

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Chiliz (CHZ), a leading blockchain provider for the sports and entertainment industry, did so 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 a chance to win a grand prize of $10,000.

The challenge

The main goal of this hackathon is to develop revolutionary dApps that increase fan engagement, ownership and interactivity. Participants are encouraged to harness the power of blockchain technology to usher in a new era of digital fandom.

The theme

Developers need to focus on solutions that improve the experience of sports fans. Projects should demonstrate how they can improve fan engagement and interaction within the sports sector.

The traces

  • 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 (DEX), lending platforms or SocialFi applications. These projects can integrate Fan Tokens or focus on SportFi infrastructures such as Oracle and transaction facilitation tools.

The prices

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 cash prizes, winners will receive:

  • Exposure through a Chiliz brand campaign and recognition in the web3 sports space.

  • Support from the Chiliz team to develop the creative side of their projects.

  • Promotion on Chiliz social media, email and other marketing channels.

How to participate

Participation details will be shared next week. Developers are encouraged to start brainstorming their dApp proposals and familiarize themselves with the file Chiliz developer documentation.

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

Image source: Shutterstock

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