$80k Super Treasure Hunt : IOSG & Chainlink Invite You to the Hackathon in Layer2 Era!

IOSG
6 min readJul 9, 2021

Curiosity and action are built on the foundation of competence. We have always pursued the humanism and spirit that comes after this — the geek spirit. Curiosity was once the key to the ability of humans to evolve to the top of the earth’s chain of being, and today it is the greatest driving force that propels geeks to become world changers. This curiosity brings an open vision and thirst for knowledge, and keeps the game changers in a state of uninterrupted “recharging”, so it is not difficult to explain why geeks are often the first to discover and pioneer trends, and always make you feel that their thoughts and actions are so forward-looking key reasons.

🚢 Expedition Roadmap of the Layer2 Voyaging Era

IOSG & Chainlink’s global hackathon event, which is supported by top Layer 2 projects, is coming to a countdown. The registration for team/individual will open until July 21 (Wednesday), and the challenge topic will be announced on July 26. Each participant will have 3 days of online team-up and preparation for the challenge from July 26 to July 29. The competition of hacking & coding will last From July 30 to August 1 in the morning. Demo and awarding will be presented in the afternoon, with an incredible prize pool and bounties waiting for you!

We also set up a series of workshops for participants to learn from the sharing of thoughts, experience and skills from industry leaders; moreover, Q&A sessions are inserted for participants to communicate face to face with mentors on specific questions. The first workshop will be held by Chainlink on July 12, with the theme of “Hybrid Smart Contracts and Decentralized Oracle Network’’, and the second workshop will be held by MatterLabs on July 16, followed by Aztec, Polygon, Arbitrum, and Aurora, etc. will be announced soon, so stay tuned! The hackathon workshop will be live on Zoom and Bilibili.com, and we’re looking for your participation and engagement. For more information about the event schedule, please see below.

A journey to the participant

The hackathon, after MatterLabs, The Graph, Aurora, DODO, Polygon, Synthetix, Perpetual Protocol, MCDEX, Celer, NEAR, Hop Protocol, dYdX, Gelato, and Loopring, have attracted other strong partners, as have Arbitrum, Aztec, Conflux and more top-tier projects. It is worth noting that this is the first time for Arbitrum to participate in a hackathon held in China. As one of the most recognized Layer 2 solutions, Arbitrum’s creation and development comes with a solid academic vibe, and has been mentioned and recommended many times by Vitalik, the founder of Ethereum. As the first collaborative hackathon of Arbitrum in China, we’re devoted to bringing more opportunities for participants to communicate and collaborate with top international projects.

Aztec is currently one of the Layer2 solutions in Ethereum that focuses on privacy issues and can synergistically integrate more Layer2 projects to enable them to have privacy features. Ensuring the privacy of transactions is a basic requirement for many financial services, but this pain point has not been well addressed before because the Ethernet blockchain itself cannot provide such privacy protection, and connecting Aztec Private Rollup to the DeFi application can greatly improve the privacy experience of users.

Conflux, as an underlying public chain focusing on security and interoperability, cleverly blends DAG technology and PoW consensus, effectively balancing security, extensibility and decentralization, extending transaction concurrency and system throughput, which is similar to many Layer 2 solutions.

The hackathon has attracted Layer 2 Super Leaders to join the event. The following star projects and industry experts will help: Chris Winfrey (Founder, Hop Protocol), Dong Mo (CEO, Celer Network), Joe Andrew (Aztec, Co-founder & Head of Product), John Wu (Core Developer, Litentry), Jordan Momtazi (COO, Synthetix), Liu Jie (Founder, MCDEX), Marek Laskowski (Core Team Member, OpenDeFi), Mingda Lei (CEO, DODO), Steve Guo (CTO, Loopring), Wang Bing (Developer Advocate, Chainlink), Yanwen Feng (Co-Founder, Perpetual Protocol), Yao Xiang (Founder, Yuanyulinong), Yuling Ma (Integration Lead,Polygon), Jocy Lin (Founding Partner, IOSG Ventures). *Rankings are in alphabetical order. We also welcome each of you, the voyager with innovative ideas, from around the world to join us in driving the future of Layer 2.

💰80k Super Treasure

i. Great Voyage Public Fund Pool

  1. Top winner: $15,000 1 slot
  2. Second tier: $10,000 2 slots
  3. Third tier: $6,000 3 slots
  4. Favorite Project by Community: $3,000 1 slot
  5. Award for the Most Promising Project: $3,000 1 slot

ii. Sponsor Ecological Bounty Pool:

Bounty sponsors set up specific challenges and provide an amount of awards and slots of winners separately. So far we’ve got Aztec, The Graph, Polygon, MCDEX, Synthetix, Conflux offering bounties for hackathon, come and crack them down.

iii. IOSG Kickstarter Special Award: Winning teams with outstanding projects have the opportunity to receive $10k-$100k Kickstarter special support.

iv. Chainlink Special Award: Looking for the rising star in our space

🔍 Voyaging Infostation

📒 About Registration

We have now received 50 valid submissions, including 37 team registrations and around 15 individual registrations. We’re happy to see many participants from all over the world, including the United States, Japan, Korea, India, and Singapore. Overseas submissions have now accounted for 20% of the total participants; Domestic participants (including Hong Kong, Macau, Taiwan) have accounted for 80% of the registrations.

No worries if you don’t know much about Layer 2 technology, you are more than welcome to join and provide full round support to the team in terms of UI design, product design, etc. Interested parties just don’t hesitate to join our group for more updates about the hackathon. Whether you are a team player, solo, or looking for teammates to start your journey, we’d love to see you to join us and explore the blue ocean of layer2 together!

APPLICATION LINK

JOIN OUR GROUP

📅 Hackathon Rundown

The Hackathon will be held onsite for 48 hours hacking, and the demo and judging will be held in the afternoon of August 1; awarding will be based on the judging criteria provided by our judges onsite. Overseas registrants can participate in the demo remotely, and non-participants are also welcome to watch onsite. We look forward to meeting you all in Shanghai! We will announce the challenge and bounty topics on July 26nd, and the specific judging criteria will be shared with you with time, so please stay tuned!

Proposed itinerary(final time will be subject to the latest announcement before the competition)

📺 Watch Live of Workshops

Over the past year, Layer 2 has been one of the topics of heated discussion in the blockchain space, from Plasma, Rollups, State channels to Hybrid solutions, and more, people are still looking for optimal solutions to better solve the scaling problems. While the debate continues, it is also generating new opportunities that need to be explored by more voyagers. Layer 2 has always been one of the core directions that IOSG researching and focusing on, and we will continue to focus on and support the development and construction of layer 2 in the future. We believe that creative projects will inevitably emerge in the space that will bring the development of blockchain to a rising new stage, and we look forward to working with you to establish the great cause of Layer 2.

🌟 About Us

IOSG Ventures, founded in 2017, is a community-friendly and research-driven early-stage venture firm across China, the US, and Singapore. We focus on open finance, Web 3.0, and infrastructure for a decentralized economy. Our portfolio covers more than 60 projects, including Layer 1 (NEAR, Polkadot, Cosmos), DeFi (1inch, Synthetix, UMA). We commit ourselves to working alongside various developer & DAO communities and helping the most aspiring founding teams to achieve success. As a developer-friendly fund with long-term values, we launch the Kickstarter Program which offers capital and resources for innovative and courageous developers. Since we consistently cooperate with our partners and connect with communities, we work closely with our portfolio projects throughout their journey of entrepreneurship.

🌟 Join Us

Website/Kickstarter/Twitter/Linkedin/GitHub

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