MetaFi the CoinEx Smart Chain Hackathon Kicks off!

It gives us great pleasure to announce to our community members that MetaFi the CoinEx Smart Chain Hackathon is now live!

During the past ten-odd years, GameFi has seen a seismic shift, and smart contract developers are reshaping such fields as finance, gaming, and social networking. As an emerging public chain, CSC aims to evolve into the infrastructure of the blockchain world that provides improved services for blockchain developers, enabling them to realize their blockchain dreams and build better next-gen blockchain applications.

Welcome to MetaFi the CoinEx Smart Chain Hackathon! Build a fun app that features social networking and metaverse elements on CSC and win $100,000.

This year’s CSC hackathon aims to introduce more developers to the public chain and help them build their own metaverse projects on CSC while encouraging more community members to experience the metaverse, GameFi, and SocialFi. During the past supportive plans of CSC, we saw many outstanding DeFi projects. As such, we hope that more MetaFi projects will contribute to CSC’s ecosystem building during the present hackathon.

Through this hackathon, we hope to identify more projects that share our ambitions for MetaFi and Web 3 to spread the value of blockchain together.

About the Challenge

Time: August 10 -- October 28

Submission period: August 10 -- October 12

Judging period: October  17 -- October 24

Winner Ammouncement: October 28

What type of projects should you build？

Web 3.0 Infrastructure : These project shall adhere to the principles of decentralization, interoperability and composability, and presented as either a tool that users can directly utilize or a foundation on which other applications can be deployed. 

SocialFi : These projects should combine  DeFi and social networking features meawhile users won't lose their privacy or risk to lose their assets.

GameFi : These projects can be game projects with DeFi fetures embeded, meanwhile they should adhere to decentralization with no risks for users to lose their assets.

NFT : These project should stipulate how a piece of NFT is created and where its value comes from. The policy and process regarding the NFT’s transfer should also be made clear

Other creative projects including DeFi, tools and more.

* A project can either select one track or multiple tracks.

$100,000 in prizes
Prizes paid in cryptocurrency

• Concept Quality
  How creative and attractive the project will be if the tokenomics of the project is healthy or not, and if the utility of the token is reasonable or not?
• Implementation
  How complete is the project development? Is the website or prototype ready for users? How well constructed are the community engagement features, gameplay or tokenomics? If the token has been implemented to the dApp?
• User Experience
  Are the project features well thought out and easy to use? If users are able to understand the concept of the project easily? How fluent and user-friendly is the product?
• Potential Impact
  How in demand is this type of project? Is it reasonable that this project will be popular amongst the community? Does the team show potential to continue to improve and promote their project?