CoinDCX to organize Solana 'Virtual Hackathon' to boost India's DeFi Ecosystem

By VARINDIA - 2021-05-08

CoinDCX to organize Solana 'Virtual Hackathon' to boost India's DeFi Ecosystem

CoinDCX and Solana have jointly launched a Virtual Hackathon to encourage the crypto and blockchain community and expand the country's DeFi ecosystem.

 

The Solana x CoinDCX x Devfolio Hackathon spans over 20 days and seeks to bring out some of the best projects from India. The ambitious event is bringing together developers, designers, business operators, and entrepreneurs to experiment and deploy apps/tools that would push the Solana DeFi ecosystem forward. The participation structure is very flexible; one can take part as an individual or in teams.

 

The prize pool will be distributed to the best projects submitted during the hackathon. The top teams can then continue building their projects to compete for potential seed funding. Individual projects will also have the chance to compete for added prizes. Additionally, the event will have DeFi, Web3, and NFT tracks, each with 1st, 2nd, and 3rd place winners who will receive $25k, $15k, and $10k prizes in USDC-SPL, respectively.

 

Neeraj Khandelwal, Co-founder, CoinDCX and one of the judges at the hackathon, says, "With the Solana x CoinDCX x Devfolio hackathon, we envisioned the emergence of India's top projects with defined roadmaps and proven track records that will attract the seed funding they need to evolve and create a world-class ecosystem. This is an incredible opportunity for the crypto and blockchain community in India to showcase their talent at building different projects. The Indian crypto market is bursting at the seams with potential, and a global event like this will help provide a platform for all those brilliant blockchain builders."

 

By kickstarting the hackathon, CoinDCX and Solana are moving towards ensuring a flourishing ecosystem for the crypto and blockchain community in India.


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