Accelerator Vault Announcement

Fraser Brown - Degen VC
$HCORE
Published in
2 min readMar 21, 2021

Ahead of the first HARDCORE test game prize award (nearly $20,000!!!) we are pleased to make the following three announcements:

  1. The prize will be 10 ETH rather than 500 HCORE. This is for two reasons: to assure winners that the prize monies will be liquid; and to reassure other players / hodlers that there will not be a large sell of HCORE by the winner.
  2. We will launch an Accelerator Vault in a few weeks where all of the ETH fee is sent directly to Degen VC’s Coinzilla account and expended on banner advertising across a large network of crypto and DeFi oriented websites. The LP discount will be 10%, the lock period 4 days and there will continue to be a 5% LP burn (sent to 0 address).
  3. Current accumulated FOT revenues (>500 HCORE) and 100% of new FOT revenues will be used to capitalise the Accelerator Vault and replenish it for the duration of the campaign.

The Winner!

Details about the second game will be announced when the winner of game 1 is announced near the end of the Gitcoin Hackathon which is running April 26th — May 17th 2021

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