BNB Chain - €3,000

Event Prize

BNB Chain stands as a community-driven blockchain ecosystem committed to eliminating barriers to Web3 adoption. Fueled by BNB, it encompasses the largest L1 blockchain globally, the EVM-compatible BNB Smart Chain, and nurtures a multi-chain environment with BNB Greenfield and opBNB, boasting the largest DAU in L2. Offering minimal gas fees and enhanced TPS, the BNB Chain ecosystem hosts a plethora of dApps spanning DeFi, metaverse, gaming, SocialFi, NFTs, and infrastructure, each contributing value to its ecosystem.

BNB Chain promotes impactful Web3 innovation through its BNB Chain Builder Support Program, inclusive of the MVB accelerator program, conducted in partnership with Binance Labs and CMC Labs.

Prize Details - 3,000 Euros paid in USDT

1st place: €1,500
2nd place: €1,000
3rd place: €500

Challenge 1 - Innovating Decentralized Social Graph Infra on opBNB/BSC and BNB Greenfield

Description:

The challenge entails the development of a Social Graph Infrastructure on opBNB/BSC and BNB Greenfield, with reference to Farcaster Hub. As social media evolves, the demand for decentralized, secure, and user-controlled platforms becomes increasingly crucial. Developers are invited to utilize BNB Greenfield's data storage capabilities to construct a Social Graph Infra embodying decentralization, privacy, and community governance principles. The task is to create a hub supporting robust social networking functionalities while integrating innovative mechanisms for data ownership, content monetization, and user engagement within the ecosystem.

Objectives:

Develop a Social Graph Infra utilizing BNB Greenfield's decentralized data storage.
Implement features supporting messaging, posting, and content sharing.
Explore innovative approaches to data ownership, content monetization, and user incentives.
Ensure privacy, security, and scalability in the design of your social networking solution.

Challenge 2 - Livestream Protocol with BNBChain

Description:

Pioneer decentralized live streaming by constructing a revolutionary SDK/Library powered by BNB Greenfield. Embrace the challenge of decentralizing all aspects of the streaming experience, including video transcoding, to offer creators and viewers an unparalleled platform driven by security, censorship resistance, and user empowerment.

Objectives:

Foundation with BNB Greenfield: Develop your SDK/Library with BNB Greenfield as its core, leveraging decentralized storage, ownership mechanics, and seamless cryptocurrency integration.
Distributed Transcoding Excellence: Implement content transcoder functions on top of Greenfield SP gateway to decrypt content as needed by users, upholding a fully decentralized architecture.
Empowered Monetization: Introduce new avenues for content creators with innovative decentralized monetization models driven by cryptocurrency.
Steadfast Security and Sovereignty: Prioritize user privacy and unwavering content ownership, establishing a haven where censorship holds no sway.

Submission Essentials:

The project must be open source, and all source code should be accessible in the GitHub public repository.
The smart contract must be deployed to BNBChain.
Projects need to be developed for the workshop.

Evaluation Criteria:

Technical: Evaluation of code design, quality, and functionality of both backend and frontend.
Presentation: Assessment of how well the project is explained and presented from both technical and value-added perspectives.

Name

BNB Chain - €3,000

Description

Types

Event Prize

Amount

€3,000

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