Ethereum, Tezos and Stellar will support …

Ethereum, Tezos and Stellar Support Hackathon to Increase Crypto Utility

Representatives of five blockchain projects – Ethereum, Tezos, Stellar, Oasis and NEAR – have agreed to support an online hackathon aimed at increasing the practical value of cryptocurrencies and related products, writes The Block.

The event, which will be held from August 5 to September 22, will be organized by IDEO CoLab and the CoinList token sale platform. Participants will be invited to engage in the creation of blockchain applications and projects that can “radically” simplify the interaction experience and attract new users to cryptocurrencies.

As examples of projects for participation in the hackathon, the partners name an automated solution for creating and verifying proofs of authenticity on the blockchain, a payment-oriented interface for peer-to-peer exchanges, the integration of cryptocurrencies into services such as YouTube and Reddit, etc..

By September 9, the participants of the event should have completed developments, which they will then be invited to show in action by distributing to end users.

Ethereum, Tezos and Stellar will support ...

Five teams that will create projects on five protocols will receive $ 2,000 each. In addition, for the first and second places there are prizes of $ 10,000 and $ 5,000, respectively..

Earlier this month, IDEO CoLab launched its own blockchain startup accelerator with the support of companies and projects such as Fidelity, Deloitte, Amazon, Ethereum Foundation, ETH Global, Stellar Foundation and Messari.

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