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TRON Grand Hackathon 2022 Season 2 Kicks Off With Season 1 Winners Livestream and a New $10 Million Incentive Program to Support Terra Developers

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Geneva, Switzerland–(Newsfile Corp. – May 17, 2022) – The TRON Grand Hackathon 2022 Season 2, with an aggregate bounty of $1 Million, kicked off on Monday, May 16. The Kickoff Livestream featured Season 1’s first place winners: dCloud by Cctechmx, TronNinjas Arcade, VersacBrickSquad by TuruGlobal, and JustMoney Exchange, who had some fantastic pointers for Season 2 participants. They also highlighted how the Hackathon led to friendships amongst various teams and was a fantastic opportunity for visibility and an excellent chance to get funding to help progress quickly. Watch the full episode of Around The Block here.

Image: Tron

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The recent market events have rocked the crypto industry and left in its wake innovative developers and teams building the next generation of blockchain solutions without a network. In response, TRON DAO has announced the launch of a $10 million incentive fund to support Terra developers migrating to the TRON ​​ecosystem. Including those migrating to TRON’s EVM compatible cross-chain solution BitTorrent Chain (BTTC), which facilitates the seamless transfer of assets across mainstream public chains, including TRON, Ethereum, and BNB Chain. The $10 million incentive fund will be granted to developers and users to jumpstart the migration and growth within the TRON ecosystem. For developers, the incentives will be mainly for project integration, and for users, the incentives will be mainly for staking rewards. The migration will allow Terra developers and users to recuperate from the collapse and continue their innovation. More details on accessing the fund and eligibility will come soon.

TRON has been a long-time proponent of the decentralization of the Internet via blockchain technology. Since completing full decentralization in December 2021, the TRON DAO ecosystem continues to thrive with fast speeds, high scalability, and low costs. As of May 15, 2022, it has industry-leading performance with over 92 million users on the blockchain, more than 3.2 billion transactions, and over $8 billion in total value locked (TVL).

In continuing its efforts to promote the mass adoption of innovative cross-chain solutions, TRON and BTTC launched the TRON Grand Hackathon 2022 Season 2 with registration starting Monday, May 16. With an aggregate bounty of $1 million, the Hackathon will be split into four tracks, encompassing DeFi, GameFi, NFT, and Web3. This will be an ongoing funding event, commencing every three months, to promote the growth of the TRON and BTTC ecosystems.

The Hackathon will also support the top track winners with various resources, including potential funding opportunities from the TRON and BTTC Ecosystem Fund, liquidity provision, and integration with partner exchanges. Submission of the Hackathon Season 2 ends on Monday, July 25. Contestants interested in winning extra TRON DAO Forum prizes are encouraged to register and submit their projects to the TRON DAO Forum early, as interactions with community members within their forum threads will also be considered while judging the projects.

For eligibility, rules, criteria, and further details, please visit the TRON DAO Forum, TRON.Devpost.com/rules, and TRONDAO.org/hackathon.

About TRON DAO

TRON is dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications (dApps). Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of April 2022, it has over 92 million total user accounts on the blockchain, more than 3.2 billion total transactions, and over $8 billion in total value locked (TVL). In addition, TRON hosts the largest circulating supply of USD Tether stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently, the algorithmic stablecoin USDD was announced on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry – TRON DAO Reserve, marking TRON’s official entry into decentralized stablecoins.

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Media Contact
Alexis Schreiber
[email protected]
Feroz Lakhani
[email protected]

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Blockchain

Revolutionizing Fintech: 6G Digital & Rune Nilsson’s FlexM Global in a Bold $12.5M Deal Shaking the Banking Industry

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Teletubbies Digital Companions to Launch on the Tezos Blockchain

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MetaPals, an AI digital companion platform, is partnering with WildBrain’s beloved Teletubbies to bring together cherished childhood memories and the innovative digital era with the launch of the Teletubbies AI digital companions on 20 April, 2024.
As Teletubbies commemorates its 27th anniversary on 31 March, the collaboration marks the beginning of an exciting array of renowned IPs joining the ‘MetaPals Multiverse’ in 2024. Through the use of AI and blockchain technology powered by Tezos, much loved Tinky Winky, Dipsy, Laa-Laa, Po, and even Noo-Noo have become personalized, evolving digital companions within the MetaPals browser extension game engine.

The Teletubbies characters integrate with users’ daily browsing experience that accompanies users across the web, offering both playful interactions and practical assistance. This technology not only brings these fun characters to life in new, interactive ways, but also helps to enhance the mental well-being of users by fostering a sense of companionship.

Each Teletubbies companion within the MetaPals Multiverse will exhibit unique personality traits, offering users a diverse and dynamic experience. With personalities distributed across 5000+ Teletubby companions along a spectrum, users are guaranteed a one-of-a-kind experience, ensuring enjoyment for all and opportunities to foster new connections with this nostalgic brand.

Max Giammario, CEO of MetaPals, said: “Through this collaboration we’re not just revisiting Teletubbyland, we’re reinventing it for the digital age. By weaving in AI and blockchain, we enable the Teletubbies characters to evolve, interact, and form unique bonds with users, embodying our vision of dynamic digital companionship. With a bit of ‘MetaPals magic’, the Teletubbies are exploring beyond the hills and far away, ready to play, in ways we’ve never imagined.”

Melissa Goodrich, Director, Franchise Strategy at WildBrain, said: “We’re excited to see our colorful quartet come to life in new ways through this unique digital experience for fans. As we celebrate 27 years of the perennially popular Teletubbies franchise, this latest collaboration encapsulates the essence of childhood nostalgia while embracing the limitless possibilities of the digital age.”
Jason Lim, TZ Apac Games Adoption Team for the Tezos Ecosystem, said: “MetaPals will be pioneering the convergence of iconic IPs such as Teletubbies with the limitless possibilities of the Tezos blockchain. I can’t wait to see the magic they are brewing up next.”

The post Teletubbies Digital Companions to Launch on the Tezos Blockchain appeared first on HIPTHER Alerts.

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Alarum Announces Exciting Events Lineup and Welcomes Esteemed Advisor to NetNut’s Advisory Board

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