<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/bfa16d55-0558-40b8-871f-ab78ce879df4/goodbye.png" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/bfa16d55-0558-40b8-871f-ab78ce879df4/goodbye.png" width="40px" /> Welcome to Avalanche Hacks | Summer 2022 by Ava Labs! Do make sure you’re registered in order to qualify for the hackathon prizes!
</aside>
<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/32bcf01e-cd87-44e5-984e-8f6e8679ec52/follower.png" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/32bcf01e-cd87-44e5-984e-8f6e8679ec52/follower.png" width="40px" /> Join our Hackathon Discord Channel here and subscribe to our hackathon calendar to stay updated about the hackathon! → Google Calendar here → Outlook/iCal here
</aside>
<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/c1aa1c81-107c-45da-9c8e-e3e434ef1082/click.png" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/c1aa1c81-107c-45da-9c8e-e3e434ef1082/click.png" width="40px" /> Click the links below to navigate through the guide!
</aside>
$\LARGE \textbf {\textsf {ABOUT~THE~HACKATHON}}$
<aside> <img src="https://cdn-icons-png.flaticon.com/512/292/292178.png" alt="https://cdn-icons-png.flaticon.com/512/292/292178.png" width="40px" /> INTRODUCTION
</aside>
The way people interact with the world has been revolutionized with the onset of blockchain technology. Real-world problems can now be resolved from a thousand miles away, increasing efficiency and creating transparent tools for the masses.
Avalanche Hacks | Summer 2022 aims to be a space for you to solve problems in DeFi and GameFi using a blazingly fast, low-cost, and eco-friendly platform in the blockchain industry. This is your shot at building industry-transforming innovations powered by Avalanche.
Avalanche Hacks | Summer 2022 brings together developers from around the world to compete from 22 August to 28 September and stand a chance to win from a total prize pool of USD$50,000 in stablecoins.
<aside> <img src="https://cdn-icons-png.flaticon.com/512/2285/2285494.png" alt="https://cdn-icons-png.flaticon.com/512/2285/2285494.png" width="40px" /> CHALLENGE TRACKS
</aside>
What can you build?
<aside> <img src="https://cdn-icons-png.flaticon.com/512/2313/2313792.png" alt="https://cdn-icons-png.flaticon.com/512/2313/2313792.png" width="40px" /> Submissions for the Avalanche Hacks | Summer 2022 are divided into two categories.
</aside>
<aside> <img src="data:image/svg+xml;charset=utf-8;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI0NCIgaGVpZ2h0PSI0NCIgZmlsbD0iIzAwMDAwMCIgY2xhc3M9ImJpIGJpLWNhcmV0LWRvd24tZmlsbCIgdmlld0JveD0iMCAwIDE2IDE2IiBpZD0iaWNvbi1jYXJldC1kb3duLWZpbGwtMjUiPjxwYXRoIGQ9Ik03LjI0NyAxMS4xNCAyLjQ1MSA1LjY1OEMxLjg4NSA1LjAxMyAyLjM0NSA0IDMuMjA0IDRoOS41OTJhMSAxIDAgMCAxIC43NTMgMS42NTlsLTQuNzk2IDUuNDhhMSAxIDAgMCAxLTEuNTA2IDB6Ij48L3BhdGg+PC9zdmc+" alt="data:image/svg+xml;charset=utf-8;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI0NCIgaGVpZ2h0PSI0NCIgZmlsbD0iIzAwMDAwMCIgY2xhc3M9ImJpIGJpLWNhcmV0LWRvd24tZmlsbCIgdmlld0JveD0iMCAwIDE2IDE2IiBpZD0iaWNvbi1jYXJldC1kb3duLWZpbGwtMjUiPjxwYXRoIGQ9Ik03LjI0NyAxMS4xNCAyLjQ1MSA1LjY1OEMxLjg4NSA1LjAxMyAyLjM0NSA0IDMuMjA0IDRoOS41OTJhMSAxIDAgMCAxIC43NTMgMS42NTlsLTQuNzk2IDUuNDhhMSAxIDAgMCAxLTEuNTA2IDB6Ij48L3BhdGg+PC9zdmc+" width="40px" /> TIP: Click the toggle arrows below to expand.
</aside>
By the end of 2021, crypto adoption was estimated to have tripled to around 300 million users globally (Crypto.com). In spite of this, the total number of Defi users stands at only about 4.8 million (Dune Analytics) based on unique wallet addresses across the board. This is a clear indication that there is substantial innovation to be done with regard to utility and accessibility for DeFi to keep pace with the rapid growth of Web3.0.
The challenge here is to utilise Avalanche’s lightning-fast transaction speed, low cost and subnet scalability to create DeFi Dapps, tooling and infrastructure to attract and onboard the next 100 million DeFi users.
Some ideas to get started:
Play-to-Earn has disrupted traditional gaming monetization models and has provided the opportunity for gamers to monetize their skill and time from games. Yet, the bulk of an estimated 3 billion gamers worldwide (DFC Intelligence) have yet to make a jump to Web3 gaming, with an average volume of only around 1 million active gamers over the past year (DappRadar).
The challenge here is to leverage the power of Avalanche to explore new mechanics for Web3 gaming to create a fun and interactive experience for gamers. Your submission does not have to be a game but can be focused on any elements of a gaming ecosystem - game economies, tooling & infrastructure solutions, innovative & useful NFT solutions, education mechanisms, and more.
Some ideas to get started:
<aside> <img src="https://cdn-icons-png.flaticon.com/512/3352/3352379.png" alt="https://cdn-icons-png.flaticon.com/512/3352/3352379.png" width="40px" /> PRIZES & AWARDS
</aside>
$\large \textbf {\textsf {\color{white}\colorbox {black} {Total of USD\$50,000 in stablecoins up for grabs!}}}$
<aside> <img src="https://cdn-icons-png.flaticon.com/512/2313/2313792.png" alt="https://cdn-icons-png.flaticon.com/512/2313/2313792.png" width="40px" /> Feel like you’ve got the brains for one of these bounties? Integrate the requirements into your project and make a submission! Or you may also submit a project solely for the bounty!
</aside>
