The DaiBuild Hackathon is a dynamic event that brings together developers, innovators, and blockchain enthusiasts to explore the power of decentralized finance (DeFi) using Dai and MakerDAO's groundbreaking tools. This hackathon focuses on creating innovative solutions in governance, risk management, financial stability, derivatives, and privacy tooling, offering participants a chance to redefine the future of finance. What Makes It Special? Focus on Stability and Innovation: Participants will leverage Dai, the world’s leading decentralized stablecoin, to build applications that promote financial stability and accessibility. Unique Themes: Dive into exciting challenges centered around decentralized governance, risk management frameworks, and privacy-enhancing technologies. Expert Guidance: Access mentorship from MakerDAO and DeFi experts, ensuring projects are not only creative but impactful. Real-World Impact: Build solutions that address pressing global challenges, from financial inclusion to secure data privacy in the blockchain ecosystem. Inclusive Collaboration: Open to coders, designers, entrepreneurs, and visionaries, this hackathon is designed to foster diversity and creativity. With cutting-edge resources, collaboration opportunities, and a mission to push the boundaries of decentralized finance, the DaiBuild Hackathon is the ultimate platform for innovators passionate about creating stable, scalable solutions for a decentralized world.
Requirements
Submission Requirements for the DaiBuild Hackathon Participants are required to submit the following on Devpost: 1. Project Overview Name and Tagline: A concise project name and tagline summarizing your idea. Description: Explain the problem your project addresses, your solution, and its relevance to Dai and MakerDAO themes (governance, risk management, stability, derivatives, or privacy tooling). 2. Technical Submission Functioning Prototype: A working proof-of-concept or MVP (Minimum Viable Product) demonstrating your solution. Codebase: A GitHub repository or equivalent link containing the project’s source code, with clear instructions on how to run it. Ensure the repository is public. Documentation: Include a README file explaining the architecture, tools, and technologies used. 3. Demo Video A 2–5 minute video showcasing your project. Highlight the problem, your solution, and demonstrate how it works. Videos must be uploaded to YouTube or Vimeo and linked in your submission. 4. Integration with Dai and MakerDAO Clearly explain how your project leverages Dai or MakerDAO features. For example: Use of Dai as a stable asset in the project. MakerDAO governance models or risk management mechanisms integrated into your solution. 5. Team Information Provide the names, roles, and contributions of all team members. 6. Additional Materials (Optional) Wireframes, designs, or supplementary files that provide context for your project. Whitepapers or business plans if your project includes long-term strategies. Evaluation Criteria Submissions will be judged based on: Innovation: Creativity and uniqueness of the idea. Impact: Potential to address real-world problems. Technical Execution: Functionality, code quality, and use of Dai/MakerDAO technologies. User Experience: Usability and design of the solution. Scalability: Feasibility to scale the project for broader adoption. Ensure your submission is complete, clear, and meets all requirements to maximize your chances of success!
Prizes
Winner
This award is NGN 300,000 (three hundred thousand naira) and the equivalent will be paid in stable cryptocurrency - DAI.
Second Place
This award is NGN 250,000 (two hundred and fifty thousand naira) and the equivalent will be paid in stable cryptocurrency - DAI.
Third Place
This award is NGN 200,000 (two hundred thousand naira) and the equivalent will be paid in stable cryptocurrency - DAI.
Devpost Achievements
Submitting to this hackathon could earn you:
Judges
Onose Ogaga
Web3 Community Builder
Favour Wilson E.
Web3 Project Developer
Judging Criteria
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1. Innovation
Judges will assess how unique and creative your project is. Does it offer a novel solution to a DeFi or blockchain problem? Consider originality, the use of new technologies, and improvements to existing systems. -
2. Impact
Projects will be evaluated on their potential to address real-world problems. Does your solution create value, enhance accessibility, or drive change in DeFi? Consider its scalability and the positive effect on users and the ecosystem. -
3. Technical Execution
This measures the quality and complexity of your code. Is it well-structured, secure, and functional? Consider the integration of Dai and MakerDAO tech, the stability of the project, and how you handled blockchain challenges. -
4. User Experience
Judges will focus on how user-friendly your project is. Is the design clean and intuitive? Consider ease of use, accessibility, and how smoothly users can interact with the project’s features and understand its purpose. -
5. Scalability
How well can your project grow? Will it handle increased traffic and users? Consider its adaptability to new markets or blockchain networks, future-proofing, and the potential for expansion into other DeFi products or services.
Questions? Email the hackathon manager
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