Tezos Gitcoin Hackathon Concludes with $75,000 tez to Winners

Tezos Gitcoin “NFT me, you can DAO it” Hackathon Prize Winners — $75,000 tez in Prizes

The Tezos Gitcoin “NFT me, you can DAO it” Hackathon was announced on July 23, with a total of $75,000 in prizes in tez (XTZ) spread among 10 winning submissions. The hackathon came alongside the announcement of Gitcoin integrating Tezos into their developer platform.

The winners of the month-long Tezos Gitcoin “NFT me, you can DAO it” Hackathon encouraged participants to expand on current primitives in the Tezos ecosystem for NFTs and DAOs. The “NFT Me, You Can DAO It” Hackathon was the first of eight Tezos hackathons over the next two years on Gitcoin with a range of prizes for winners.

First prize ($15,000 tez) went to Tezcrowd by @timongty

Tezcrowd is an MVP prototype of a crowdfunding smart contract comprising both the Flexible (Keep-It-All) crowdfunding model and the Fixed (All-Or-Nothing) crowdfunding model. Tezcrowd delivered well-structured documentation, an MVP, and a compelling roadmap for future development.

See below for the rest of the winners!

https://twitter.com/TezosInfo/status/1436039364295995393?s=20

From trading cards, artwork, and limited-edition albums from well-known artists, NFTs have exploded in popularity over the past few months. This has opened the floodgates for a new type of brand-storytelling and consumer-interaction that was previously impossible.

Tezos’ low energy consumption and low gas fees are one of the many reasons why it is quickly becoming recognized as the best, most responsible place to mint, host, and trade clean NFT’s. Because Tezos doesn’t consume vast amounts of energy to secure itself, it doesn’t suffer from the inflationary pressure experienced by other cryptocurrencies.

Hackathon participants were encouraged to combine the exploding NFT scene with new use cases for DAOs (decentralized autonomous organizations). The Tezos community of creators and builders recognizes DAOs as a critical part of the development of the ecosystem. DAOs can help implement governance of decentralized applications and formalize decentralized, community organization.

Gitcoin is a community developing digital public goods, creating financial freedom, and defining the future of the open web. They announced earlier this summer an integration with Tezos that would kickstart bounties on the platform for development projects including infrastructure, tooling, and applications that support the Tezos ecosystem.

The ongoing support for Tezos builders and the announcement of the winners of the first of eight hackathons demonstrates Gitcoin’s commitment to unlocking new opportunities for the global, open-source Gitcoin community to build on one of the original and longest running Proof of Stake blockchains.

Thank you to everyone who participated, and congratulations to all the prize winners. Stay tuned for hackathons in the near future!

First Prize

Prize: $15,000 in tez (XTZ)

Tezcrowd

Tezcrowd is an MVP prototype of a crowdfunding smart contract comprising both the Flexible (Keep-It-All) crowdfunding model and the Fixed (All-Or-Nothing) crowdfunding model. Tezcrowd delivered well-structured documentation, an MVP, and a compelling roadmap for future development.

Second Prize

Prize: $10,000 in tez (XTZ) each

Coopart (Phase II)

Coopart is a cooperative NFT art marketplace where every canvas is its own DAO. The originality and thoroughness of the project invites people to build community through art, NFTs, and DAOs through an intuitive user interface.

Hashi Protocol

Hashi Protocol is an NFT bridge to move Ethereum NFTs to Tezos. Hashi Protocol solves a real-world problem with an MVP application with an impressive user experience and interface.

Tezos Haiku

The Tezos Haiku NFTs allow participants to mint NFTs that contain haikus in their on-chain metadata. This project is not only a simple way of tokenizing art, it is an art project itself. Tezos Haiku is a genuine project with impressive execution, a welcome addition to the Tezos ecosystem.

Third Prize

Prize: $5,000 in tez (XTZ) each

Arteztic

The Arteztic DAO will act as a decentralised autonomous NGO in service of environmental causes within the arts.

Autonomous Collective DAO

A DAO that allows members to fund each other by creating funding contracts called “Pacts”.

Federatez Learning

A decentralized platform to collaborate on training machine learning algorithms.

FracIt

A dApp allowing users to fractionalize NFTs in a reversible manner.

Reckless

A fast-paced action combat arena video-game with on-chain rewards and NFT assets.

SpaceTraders

A prototype DeFi-game “Space Traders” for Tezos ecosystem.