All You Need to Know About the Milkomeda DAO Hackathon
The first-ever Milkomeda DAO Hackathon has been completed and we want to introduce you to the winners and the solutions they created during the hackathon! We also, and in keeping with the open-source nature of our space, want to detail how the Milkomeda DAO Hackathon was run, what the prizes were, and how the solutions the teams created were judged.
Before we delve into the details of the hackathon and the solutions created by the winners, we first want to thank the voters of Project Catalyst for voting to fund the Milkomeda DAO Hackathon proposal back in Fund 7. 90% of the funds received from this grant have been distributed as prizes in the hackathon, with the other 10% being used to cover a part of the hackathon’s administration costs.
So, why did we run a DAO hackathon on Milkomeda? What were the rules, timeline, and requirements of the hackathon? What were the challenges and prizes for the participants? And, most importantly, what did the winning teams build?
Why Run a DAO Hackathon on Milkomeda?
Milkomeda C1 brings EVM capabilities to Cardano. With these capabilities comes a world of advanced DAO tooling, and the Milkomeda DAO hackathon was conceived to bring people and projects together to create tools and solutions for accelerating decentralized governance on Cardano.
Many projects and users are not aware that they can launch DAOs on Milkomeda and another goal of this hackathon was to bring awareness to the fact that the Milkomeda C1 sidechain offers this utility to Cardano projects.
In addition to the DAO solutions premiered here by the hackathon winners, we have also deployed an instance of Gnosis Safe to Milkomeda, giving DAOs access to multisig wallets — a crucial element of DAO management. Learn more about this deployment here.
How Was the Milkomeda DAO Hackathon Run?
Like any hackathon, there were rules, requirements, and time constraints. The Milkomeda team provided technical support and advice to the participating teams through dedicated Discord channels, utilizing their blockchain expertise and their experience of DAO creation on Milkomeda to counsel and support the teams in their work. Documentation on best practices for preparing for and working on projects in a hackathon was also provided to the teams.
The Hackathon Timeline
September 5th — Launch
September 6th — 27th — Hacking
September 27th — Deadline day for submissions
The Rules for the Hackathon
- Teams must start coding on day 1
- Teams must make a publicly available GitHub repository with the code
- Teams can use publicly available projects to bootstrap their solution
- Teams must make a pull request to the Milkomeda DAO Hackathon GitHub with a link to their public repository to submit their work for judging on or before the last day of hacking.
Challenges, Prizes, and Judging
Six challenges were created to help spur submissions and to guide the teams to focus on the needs of DAOs in Cardano and Milkomeda. These were:
- UI for DAOs
- Tooling for DAOs
- Social for DAOs
- Bootstrapping DAOs
- Other Novel Ideas
There was some direction provided here by the Milkomeda team, however, a final open-ended challenge left the door open for teams to bring any ideas that they thought were needed in the DAO space to the table.
Milkomeda DAO Hackathon Winners
Below are the winners of each prize and a brief overview of the solutions they created for the Milkomeda DAO hackathon. You’ll also find links to their 5-minute Pitch, which was scored by the judges, and the Github repository where more information can be found about each of the projects.
1st Place — Oracle DAO
Team: Alex Suvorov
The solution and proof-of-concept created by the Oracle DAO team allows other DAOs, and users, to hold Oracles to account for any errors they may make. These include reporting the wrong data and failing to report data.
Oracle DAO was created from the idea that there is currently little to no accountability for oracles, who many projects in the DeFi and blockchain ecosystem rely on. The Oracle DAO solution operates on a proof-of-stake model and oracles who wish to provide a data point to a dApp must stake a certain amount of tokens. If an oracle delivers erroneous data another member of the DAO can create a dispute and stake a certain amount of tokens to that dispute. The rest of the DAO’s members then vote on the dispute, cryptographically committing and locking their votes to prevent others from gaming the system. Once the time is up and the votes are revealed the voters who voted with the majority receive the tokens from the minority voters.
During the hackathon, the Oracle DAO team created a proof-of-concept for the front end of the Oracle DAO platform and produced a demo showing the different stages that disputes will go through.
2nd Place — Event DAO
Team: Monika Zając
The EventDAO platform is an app for helping decentralized communities to organize events. It allows community members to propose events to the other members who can then vote on, and sign up for, these events. Event proposers can also choose how their event will be funded, whether it will be funded internally from the DAO or if external funding from sponsors is needed. Communities that use the app can use fungible tokens and NFTs for voting, with other features and integrations for event management proposed by the team.
Events for decentralized communities are often quite centralized and crowdfunding smaller events for those who can’t make it to the large conferences held in worldwide hubs is difficult. The EventDAO blockchain based app for event management provides decentralized, bottom-up communities and movements with the platform and power to properly organize and fund events and meetups on a more local scale, that suit their members.
3rd Place — Consensus-Meter
Consenz is a platform for building agreements in a decentralized manner. It features a dynamic consensus-meter that algorithmically determines an agreement threshold for a particular document. The agreement threshold is how many users need to approve a suggested edit in order for it to be accepted as a part of the document. Users can propose suggestions to a document, vote for or against a suggestion’s inclusion in a document, and discuss suggestions in a comments area.
The goal of the Consenz team is to make decentralized decision making processes engaging, accessible, dynamic, and scalable, improving on the chaotic processes used to create documents by creating a platform for collaboratively iterating of these documents and agreements.
Check out The Projects Advancing Cardano and Milkomeda DAOs!
Each team that took part in the DAO hackathon created a proof-of-concept or MVP so judges and future users can see the solution in action. Links to these proof-of-concepts from the winning teams can be found in the Github repositories listed above, along with each team’s concise pitch of their solution. Which was your favorite solution? Let us know on social media!
If you’re interested in taking part in a hackathon we have a few more coming up so be sure to stay tuned to our social channels so you can take part, grow the ecosystem, and be in with a chance of winning some great prizes!