Milkomeda, a Layer 2 remedy developed to enhance user experience and developer traction, and also provide the following generation of inter-blockchain interoperability for the leading Layer 1 ecological communities, is accepting applications for its very first DAO Hackathon happening in August 2022, Coin Journal picked up from a news release.
Constructing the future generation of DAOs for Cardano The two-week hackathon will combine developers from throughout the globe to develop the next generation of Decentralized Autonomous Organizations (DAOs) for the Cardano environment, powered by the Milkomeda sidechain. As a Project Catalyst effort, there is an overall of $45,000 in cash prize to be won.
5 challenges to excellent DAO protocols
The event entails 5 obstacles: UI for DAOs, tooling for DAOs, Social DAOs, DeFi DAO, and Bootstrapping DAOs. The goal of each difficulty is to boost existing DAO protocols, increase on UX, and equip the developer community to develop imaginative tooling.
The hackathon welcomes designers in web3 interested in developing unique tools and solutions for decentralized administration in Cardano to apply. Judging requirements includes technical application, design, possible future impact, growth, and pitch.
Backed by Solana and also Coinbase
Milkomeda is backed by financiers such as Arrington Capital, Solana Capital, as well as Coinbase.
Milkomeda delivers EVM compatibility to the leading Layer 1 environments by providing the prominent wise having language, Solidity, while enhancing inter-blockchain interoperability, user experience, and developer grip, all at the Layer 2 level.