Chainlink, a leading blockchain platform, has announced the launch of the Chainlink Block Magic Hackathon: “Become an Onchain Wizard”. Aimed at aspiring developers venturing into blockchain development, this hackathon offers a unique opportunity to immerse themselves in the world of coding for blockchain applications.
Unlocking opportunities for aspiring developers
The Chainlink Block Magic Hackathon offers a plethora of opportunities for participants. First, the hackathon winners will have a chance to participate in the exclusive Chainlink BUILD program, giving them access to valuable startup support and mentorship. Additionally, notable projects have the potential to be promoted within Chainlink’s extensive network, providing exposure to the broader Web3 community.
Additionally, the hackathon offers participants a focused one-month period to work on their project ideas. This special time frame allows developers to refine their concepts and turn them into full-fledged protocols. Additionally, the event serves as a team-building platform, facilitating connections with like-minded individuals in the blockchain space.
With a total of $400,000 in prizes up for grabs, the Chainlink Block Magic Hackathon offers several prize tracks that target a variety of interests and skills. Participants can choose from price tracks focused on financial services, artificial intelligence, gaming and consumer apps, among others.
For those interested in financial services, using Chainlink Data Streams and CCIP to build decentralized applications (dApps) offers an opportunity to pioneer the future of financial infrastructure.
Alternatively, developers can explore the intersection of AI and blockchain by using Chainlink Functions to connect AI APIs directly to smart contracts.
Furthermore, the awards trajectory for gaming and consumer apps presents an opportunity to develop blockchain-based applications with wide appeal, leveraging the enormous potential of blockchain technology to revolutionize user experiences.
Assessment criteria and bonus points
Project submissions to the Block Magic Hackathon are judged based on a comprehensive points system, taking into account factors such as UX, technical implementation, usability and creativity. Winning projects typically demonstrate a balance of creativity, sophistication and practicality, pushing the boundaries of blockchain technology.
Participants can earn bonus points for integrating multiple Chainlink services into their projects. The more services used, the higher the bonus points awarded, encouraging innovative use cases that leverage Chainlink’s robust ecosystem.
It is important to note that while previous onchain hackathon projects are not eligible for submission, existing projects without onchain components can be improved and submitted for consideration.