CoinEx Smart Chain (CSC), a public chain created by CoinEx Exchange, is a decentralized financial ecosystem offering EVM compatibility, PoS consensus, high efficiency and low fees. The CSC ecosystem now spans projects that focus on a wide range of areas, including Web 3, DeFi, gaming, NFT, and social media. Additionally, CSC enables projects to accommodate millions of users.

Recently, CSC announced that “MetaFi the CoinEx Smart Chain”, CSC’s second global Hackathon, will start on August 10 and end on October 28, for a duration of 11 weeks. Submit your project anytime before October 14 and win the $100,000 prize!

Both^n/a CSC Hackathon

Link:https://cscchallenge.devpost.com/

Submission period: August 10 — October 12
Judging period: October 17 — October 24
Winner announcement: October 28

Theme: MetaFi

Focusing on “the integration between the metaverse and finance”, “MetaFi”, the combination of “metadata” and “DeFi”, aims to bring more practical, profitable and influential innovations to the digital world. MetaFi is likely to be a marriage of decentralized finance (Defi), centralized finance (CeFi), and traditional finance (TradFi), with applicability to projects that operate across all blockchain categories, including Metaverse, GameFi, SocialFi, Web 3 and NFT. Focused on digital assets, MetaFi also showcases the massive adoption of Web 3 and blockchain technology. Having seen the great potential of MetaFi, the second CSC Global Hackathon will feature a race for geeks that will focus on this new trending concept. Looking forward to this summer feast.

The hackathon will have four categories:

1. Web 3 infrastructures: Web 3 will change the way we organize, communicate and collaborate, and decentralization is its key principle. With the innovative double consensus mechanism, CSC ingeniously combines PoS with PoA and achieves decentralization through 101 validators and staking requirements, thus providing a reliable and stable foundation for building a Web 3 infrastructure.
2. SocialFi Projects: A SocialFi project, the combination of Social and Finance, is essentially a decentralized social application. With a 1,000 TPS, CSC scales better than most public channels. At the same time, CSC continued to improve its throughput. Building on transactions that do not require validation from all nodes, the public chain will become more scalable, evolving into a conducive environment where SocialFi projects can grow and succeed.
3. GameFi Projects: GameFi Projects are Play-to-Earn blockchain games that provide players with economic incentives. Since such projects are delivered as games, they require a strong performance from the public channel. In this regard, CSC’s low fees and fast transactions, along with the massive funding of the CSC ecosystem, help GameFi projects quickly stand out from their peers. Compatible with EVM, CSC offers the added benefit of low storage costs, enabling fully chained gaming experiences;
4. NFTs: NFTs must be 100% on-chain and permanently stored, and CSC offers ultra-low fees. This means users don’t have to pay expensive gas fees, and developers and creators can create NFTs at low cost. As such, CCS and NFTs are mutually reinforcing and complementary.

Requirement: Participants must create a fully functional decentralized application (DApp) on CSC, and the DApp must be at least deployed on the testnet.

Hackathon participants must submit the following:

1. The official website of the project, and a white paper describing the mechanism of the project and the tokenomics;
2. A codebase link (the codebase must be made public, or the participant must grant access to the codebase to [email protected] and [email protected]);
3. The contract address deployed on CoinEx Smart Chain;
4. A project description video of approximately 3 minutes (the video must be publicly visible on Youtube, Vimeo or Facebook);
5. All projects must at least deploy all their functions on the CSC testnet;
6. Project developers are required to join the Discord server and provide their email address and telegram ID as contact information;

*Note: Final pricing is only available to participants who have deployed project features to CSC’s testnet.

During the hackathon, judges will evaluate entries on four dimensions, including project concept, level of completion, user experience, and potential influence. These criteria also reflect the extent to which CSC values ​​the potential and creativity of projects. The public channel is also willing to provide emerging technology teams with a level playing field where they can grow on an equal footing. Meanwhile, CSC’s Multi-Million Dollar Support Plan and Special Five Million Dollar Metaverse Ecology Financial Support will also provide financial support to outstanding participants to help them grow and thrive.

About CSC

As an EVM-enabled public chain that offers high performance and low fees, CSC aims to build a decentralized financial ecosystem. All developers can easily create their own decentralized applications based on CSC or quickly deploy their EVM applications on CSC. In just six months since its inception, CSC has managed to attract a wide range of on-chain applications, spanning popular categories such as DeFi, blockchain tools, NFT, and GameFi.