JuChain: JuCoin Eco Blockchain Hosts Hackathon with a Total Prize Pool of 3 Million USD
January 2025
------JuCoin's groundbreaking decentralized ecological infrastructure, JuChain, will officially launch on January 25, 2025, alongside a highly anticipated hackathon event with a total prize pool of $3 million. This hackathon aims to invite global developers, entrepreneurs, and innovators to collectively push the boundaries of decentralized applications and benefit from long-term ecological support.
Developed and launched by JuCoin, JuChain is built on the OP-Stack framework and represents the next generation of decentralized infrastructure. As an EVM-compatible network, JuChain adopts a Layer 3 architecture built on the Optimism network, inheriting Ethereum's robust security while achieving exceptional scalability and efficiency. A key component of the network is the $JU token, which serves as JuChain's gas token, powering every interaction on the network. As the ecosystem continues to grow, the importance of $JU becomes increasingly prominent, facilitating efficient transactions and supporting smart contract deployment, making it an indispensable core asset of the platform.
This hackathon invites all creative talents worldwide who are passionate about advancing blockchain technology. Participants can develop innovative projects around multiple themes—whether creating cutting-edge trading tools, leveraging AI-driven solutions, developing revolutionary decentralized applications in entertainment or gaming, or exploring cross-chain protocols in the DeFi space. Regardless of whether teams focus on trading innovation, AI integration, entertainment DApps, or robust infrastructure solutions, the event aims to showcase how they can enhance the overall value of the JuChain ecosystem.
The hackathon offers generous rewards, with a total prize pool of $3 million. Winning teams will receive 50% of the prize money as grants, provided their projects are successfully deployed on the JuChain mainnet or testnet and meet the minimum viable product (MVP) standards; the remaining 50% will be provided in the form of investments from JuCoinLabs, executed according to mutually agreed terms and milestones. Additionally, teams that meet all deployment and progress requirements may receive extra rewards to further demonstrate their commitment to long-term success. All winners will also have priority access to the JuChain ecosystem partnership program and opportunities to connect with venture capital firms.
This hackathon follows a carefully designed timeline to promote innovative research and development:
- Phase One: "Build and Innovate" will take place from February 15 to March 1, during which participants will receive mentorship and technical support;
- Phase Two: Final presentations, with a submission deadline of March 3, when MVPs and related project materials must be submitted;
- Phase Three: Expert reviews and finalist selection from March 4 to March 5;
- Phase Four: Online Demo Day, held from March 6 to March 7, when projects will make final presentations and winners will be announced.
JuChain stems from JuCoin's steadfast commitment to innovation and ecological prosperity, representing the next generation of blockchain ecosystems. It is not only a secure, low-cost, and scalable network but also seamlessly integrates decentralized capabilities with the everyday needs of users within the ecosystem. For developers, entrepreneurs, and blockchain enthusiasts eager to push technological boundaries, the JuChain hackathon is a grand event that promotes innovation, collaboration, and turning ideas into reality.
Joinjucoin.com and become part of the trend, shaping the future of blockchain together.
Sign up to participate in the hackathon: https://docs.google.com/forms/d/e/1FAIpQLSdKLGCDc5UoyL9r9k414v8ay77zWNH63fwHK1DttUGtNvip6Q/viewform