Polygon is the biggest crypto project to be born out of India and is today one of the most adopted blockchains in the world. The project is very popular with developers and users alike, with 1200+ Dapps deployed and the highest daily active user count in the web3verse..
To further promote Web3 technology and culture among budding Indian developers, we are delighted to announce the Polygon BUIDL IT 2k21. India’s first Polygon-native hackathon, organized in collaboration with Devfolio, India’s largest and fastest-growing community of builders, with prizes worth more than $100,000 on the line!
Exclusively built for the Indian ecosystem, BUIDL IT is the perfect platform for Indian developers, entrepreneurs, artists, and students alike to begin their Blockchain & Web3 journey and showcase their innovative ideas & projects on a grand scale.
Polygon is the leading platform for Ethereum scaling and infrastructure development. It has been built with a developer-first mindset – built by developers, for developers. Project builders will be able to use Polygon’s quick and cheap transactions to bring their ideas to life with great UX. We are delighted to play a role in encouraging builders to take their first steps into the fast-paced world of decentralized Web3 development.
Whether you’re a veteran or new to Web3, BUIDL IT is an opportunity for you to level up your skills to build and contribute to a more robust & decentralized Web3 ecosystem.
Build the next generation of DeFi, NFT, and Gaming DApps to onboard the next 100 million users in Web3. Polygon allows everyone to scale their dApps (decentralized applications) effectively with ease, be it — DeFi products like Index Pools, AMMs, tokenized debt agreements, synthetics, prediction markets, insurance, or NFT/Gaming products like customized marketplaces, metaverses, or play-to-earn games.
Participants in BUIDL IT can compete in various tracks for a chance to win prizes worth more than $100,000 (₹75 lakhs+).
The tracks that participants can compete in are:
Best DeFi Project(s)
Best NFT/Gaming Project(s)
Best Web3 Integration in a Web2 Product
Best Community Choice Projects
Apart from this, the best projects will get a chance to pitch, incubate, and raise venture capital from prominent investors worldwide!
Partners and Sponsors
No hackathon is complete without phenomenal partners who are rooting for you. Partners and sponsors of BUIDL IT include some of the most well-known protocols in the industry, such as Chainlink, Covalent, Alchemy, Moralis, Superfluid, Figment, Crust, OpenZeppelin and also India’s largest cryptocurrency exchange, CoinDCX.
The hackathon will also be bringing some of the most influential thought leaders and entrepreneurs from all over the world, including Vijay Shekhar Sharma (Paytm), Dharamveer Singh (Zostel), Sai Srinivas (Mobile Premier League), Kunal Kapoor (Actor and Entrepreneur), Hemesh Singh (Unacademy), Neeraj Udai (Trell), Preethi Kasireddy (Ethereum Bootcamp), Austin Griffith (Ethereum), Ivan Liljeqvist (Moralis), Harry Papacharissiou (Chainlink), Sandeep Nailwal (Polygon), Jeremy Longley (Funfair technologies),Francesco Renzi (Superfluid), Emmanuel Oaikhenan (Covalent), Jason Shah (Alchemy), Arjun Kalsy (Polygon) Martin Abbatemarco (Open Zeppelin), Nghia Nguyen (Crust Network), Sam Flamini ( Superfluid), Harish Raisinghani (Covalent), Deric Cheng (Covalent), Canberk Kandemir (Covalent) and Discordian (Filecoin/IPFS) to inspire millions of developers looking to make a change with their ideas utilizing cutting edge blockchain and Web3 technologies.
The best projects will also get a chance to pitch, incubate and raise $$$ from prominent companies Sequoia Capital, Sino Global, Elevation Capital, JumpCapital among others.
Registrations Open – 21 Oct 2021
Registrations Close – 18 Nov 2021
Hackathon Begins – 19 Nov 2021
Project Submission Deadline – 12 Dec 2021
Results Announced – 19 Dec 2021
How to Participate?
Apply via Devfolio here. You will receive further details about the hackathon once you finish the application process
Join the Discord server to stay up to date on the latest hackathon news and receive on-demand assistance.
You can form your team (up to 6 members) or go solo.
Only developers hold the remarkable potential of bringing new ideas to life and changing the world with them. If you are a tinkerer, a buidler, or just about anyone with a laptop and an idea, this is truly the place to come and immerse yourself in the world of Web3.
Remember, it is one project for the hackathon but a giant leap for Web3. Don’t miss out!
For more information, visit the website: https://buidlit.polygon.technology/
Apply now: https://buidlit.devfolio.co/
Source : blog.polygon