The blockchain application platform launches the second hackathon focusing on DeFi and GameFi

Hackathons have gained popularity in the crypto space as the hunt for talent is continuing.

Lisk, a blockchain application platform, is launching their second HackOnLisk event, where developers will have the opportunity to build a blockchain application with the latest Lisk SDK following its July hackathon.

This time, they are celebrating the new Mainnet v3 and would like developers to hone in on the areas of decentralized finance (DeFi) and GameFi. 

DeFi applications to consider include decentralized exchange (DEX), lending and stablecoins projects. GameFi (financialization of games) applications include blockchain games and collectibles. For HackOnLisk2, there is a total of $60,000 worth of prizes up for grabs. 

Following the success of their first-ever HackonLisk that gave them the opportunity to reach out to the existing blockchain developer community, they are ready to invite both new and old participants to join in the HackOnLisk2.

Participants have the chance to build a blockchain application with the latest Lisk SDK using JavaScript as part of one of the two given categories: DeFi and GameFi.

"HackOnLisk2 gives developers the chance to build their own blockchain application for one of the given categories, DeFi or GameFi, and win prizes worth $60,000. Lisk does not only provide a user-friendly SDK, but also the right resources for any developer to build their project in only a few weeks,” shares the project.

Following the previous success

For the first HackonLisk event, the platform offered participants eight categories to choose from: Lending, Stablecoins, NFT Marketplaces, Collectibles, Prediction Markets, Social Networks, DAOs and Oracles.

The winners were announced live on YouTube with prizes worth a total of $33,000 paid in LSK tokens, as well as other nonmonetary prizes. The first place prize of $10,000 was awarded to Journals, a research hub where news is driven by user collaboration and artificial intelligence. Contributors directly share profits generated by the popularity of a news event via quadratic funding. 

Submission Guidelines

The submission deadline for the blockchain applications for HackOnLisk2 is Nov. 15.

The judging criteria is broken down evenly between contribution to the Lisk Ecosystem, originality of application, technical difficulty and user experience. The Lisk Community Choice Award prizes will be determined by the number of likes and engagement rate on the YouTube videos submitted by the participants.

Future plans

The Lisk Foundation is offering further opportunities for up to $1.3 million in funding as part of their grant program. 

The team at Lisk is creating an ecosystem of interoperable blockchain applications and services built with the Lisk SDK and supported by the LSK token. They imagine a world in which everyone benefits from blockchain and are excited to play a part in the future.