Magic Eden, one of many main Solana NFT marketplaces, has introduced an unbelievable one-million-dollar hackathon. The Creator Monetization Hackathon is a mind-blowing alternative to develop long-term and impactful options for royalty enforcement and different enterprise fashions. To make clear, the hackathon will permit creators and ecosystem companions the liberty to work in an open and inventive atmosphere. Moreover, a number of judges have signed up for the occasion, which guarantees to be a rare assembly of minds.
Magic Eden launches $1 million hackathon
Magic Eden is an extremely revolutionary and inventive platform. Way more than an NFT market, it’s also shaping the way forward for the Solana blockchain. One of many methods it helps to drive the house ahead is thru hackathons. A hackathon is a social coding occasion for these unfamiliar with the time period. Moreover, it permits folks to work collectively to attain a typical objective.
The most recent hackathon by Magic Eden gives a singular alternative for folks concerned within the ecosystem to enhance how the platform works.
Hackathon will provide a spread of grants
Considerably, Magic Eden can even provide grants and publicity to these collaborating within the hackathon.
In a press release on their web site, Magic Eden mentioned, “We are going to work with the group to offer grants for these options and provides them publicity. Must you be engaged on any options, together with protocol-level royalty enforcement, collector incentives for imposing royalties, disincentives for bypassing royalties, or different monetization fashions, we need to discuss to you.”
Lastly, up to now, at the least seven judges have been introduced. Extra particulars will comply with concerning the hackathon occasion within the coming weeks.
Lately, the Magic Eden platform has additionally confirmed to its group that it’s enabling elective creator royalties for customers. This has brought about large controversy in the neighborhood, with many calling it unfair to artists and creators.
