L2 Hackathon Countdown | $110K PRIZES on Lit; Ready to Scale!

IOSG
IOSG Ventures
Published in
4 min readJul 20, 2021

Global Layer 2 Hackathon organized by IOSG Ventures and Chainlink will close registration tomorrow (July 21, 12pm, GMT+8). We would love to say thank you all to the extensive interest and participation of developer teams from home and abroad. We treasure your vigorous enthusiasm and persistence in the current market development prospect, which is our firm determination to create an open and inclusive platform for developers. In order to support participants to learn more about Layer2 solutions, we plan to hold around 10 workshops to help developers and answer their most wanted questions. So far we have successfully carried out 3 shows, i.e.,Chainlink, Matter Labs, The Graph, in the series of workshops. We are delighted to announce more star projects such as Polygon, Aztec etc., will come on live soon. Besides, we will invite more Layer2 projects to present workshops onsite, so stay tuned!

🔭 VOYAGING INFO STATION

💰 Raised Treasure Pool — $110k

We have our total pool raised from $80k to $110k, included a $2,000 increase of the top winner; 1 slot added to the third-tier winner💗

  1. Top winner: $16,000 1 slot
  2. Second tier: $10,000 2 slots
  3. Third tier: $6,000 4 slots
  4. Favorite Project by Community: $3,000 1 slot
  5. Award for the Most Promising Project: $3,000 1 slot

🔍 About Registration

We have now received 90 valid submissions, including 58 team registrations and around 32 individual registrations. We’re happy to see many participants from all over the world, including the United States, Germany, Australia, UAE, Japan, Korea, India, Singapore, etc. Overseas have now got 22 registrations (accounted for 25% of the total participants); Domestic (including Hong Kong, Macau, Taiwan) have about 68 registrations (accounted for 75% of the registrations.)

Our registration will CLOSE on July 21, 12pm, GMT+8

🕙 Event Rundown

We’ve applied a brand new competition system in our hackathon — the WILD CARD! Based on the rule, we will give everyone online team-up time after the announcement of the challenge topic on the night of July 26 (27th 24:00). On July 29 at 12:00 noon, we will start the 48 hours of intense and exciting hacking onsite.

The product submission deadline will be on July 31 at 12:00 noon. After that we will have the primary selection and 25 teams will obtain the direct pass to the Demo Day. For those who did not gain the direct pass, we set up a WILD CARD opportunity for teams to gain another chance to stand up on the demo stage on August 1. We’ll announce the result of the primary selection on July 31 from 20:00 - 20:30, and open the wildcard-spots to all teams who would like to fight for another chance. Please stay tuned to our group chat and your email inbox!

JOIN OUR GROUP

🏠 HACKATHON VENUE

Location: 6/ F, 189 Changshou Road, Putuo District, Shanghai

Site map of Hackathon site

Unlimited supply of 24/7 AC + WiFi + Drinks gives the best vibe and hacking experience to all developers!

⛽ WORKSHOP

The original intention of holding Workshop is to bring developers closer to L2 solutions and ecological projects, with a view to empowering participants and helping technology development. Up to now, we have held four Online Workshops for developers, and welcome you to follow our Bilibili handle @IOSGVentures.

📖 July 12, Chainlink

Topic: Chainlink: Hybrid Smart Contracts and Decentralized Prophecy Machine Network

Speaker: Wang Bing (Developer Advocate@Chainlink)

He will explain the technical framework and problems of Chainlink to developers from different perspectives, including the two major problems of oracles, decentralized oracle network, hybrid smart contracts, oracle feeding, and Chainlink VRF.

Link: https://www.bilibili.com/video/BV1v44y127Hd

📖 July 16, MatterLabs

Topic: The Future is Here, EVM Compatible ZK-Rollup Decentralized Application Scaling Solution

Speaker: Partner, Xinshu Dong of IOSG Ventures & Alex Gluchowsk (Co-Founder & CEO @Matter Labs)

It was a one-on-one interview to take a look at MatterLabs and their team’s creation of zkSync. And Alex answered the most important questions developers want to know about zkSync.

Link: https://www.bilibili.com/video/BV1XM4y1M74j

📖 July 18, The Graph

Topic: Universal API Layer: Developing on Ether with GraphQL, The Graph & Next.js

Speaker: Nader Dabit (Developer Advocate of The Graph)

Nader Dabit, Developer Advocate of The Graph, took a deep dive into how to develop on Ether with GraphQL, The Graph and Next.js in this video clip.

Link: https://www.bilibili.com/video/BV1zU4y1n7vW

The three Online Workshops have received great popularity by everyone, and there are more workshops to come, with guests including Aztec, Aurora, Celer, MCDEX and other high-profile industry stars, so stay tuned!

📝 WORKSHOP TODAY

The Layer2 Hackathon co-organized by IOSG Ventures and Chainlink’s has hold the 4th workshop tonight! This workshop, kicked off by Polygon, takes you through how Polygon can be extended for applications!

Time: 8pm, Tuesday July 20

Topic: Scaling Your Dapps using Polygon

Speaker: Yuling Ma (Integration Lead, Polygon)

Live link: http://live.bilibili.com/23288126

We are delighted to announce more star projects, i.e. Aztec, to be coming onboard soon, to share experiences and present their amazing product with us! You would never want to miss out!

🌟 JOIN US

Website/Kickstarter/Twitter/Linkedin/GitHub

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IOSG
IOSG Ventures

Community & Thesis Driven Investing iosg.eth