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San Francisco – ScalingX, a Web3 developer community and accelerator, has partnered with Buidlbox, a popular end-to-end hackathon platform, to launch “The Hunt for X” ZK Hackathon, a competitive virtual coding event that aims to explore Zero-Knowledge Proofing technology as a blockchain scaling solution. The event will run for three weeks, opening for submissions today on April 12th and closing on May 5th. It will welcome developers and innovators from around the world and offer a $40,500 prize pool.
“The Hunt for X” Hackathon aims to attract top talents in the Web3 space who will work as individuals or in teams to provide solutions to empower the development of the novel niche. The event will feature judges and mentors from some of the industry’s leading organizations and projects including Coinbase, ConsenSys, and StarkWare, who will evaluate the feasibility, creativity, and potential impact of the submitted solutions. The judges and mentors for the event are:
In organizing the hackathon, ScalingX has also received sponsorships from 15 renowned organizations, including Spark Union, Numen Capital, CoCloud, Arpa, AELF, Web3.com Ventures, Starknet, M-Ventures, Beosin, Consensys, Infura, Reddio, Aspecta, Outlier Ventures, and Bewater, among others, to offer technical support and networking opportunities to participants.
Speaking recently, Chichi Hong, the Co-founder of ScalingX, applauded the move by the two tech organizations and explained that it is in line with the goals of Scaling X. “We are excited to partner with Buidlbox for this hackathon to showcase the potential of ZKP technology and the importance of blockchain scaling solutions.” She added, “We are committed to promoting the adoption of privacy-enhancing technologies in the blockchain space, and we believe that ZKP technology scaling can play a crucial role in achieving this goal.”
Morten Pedersen, the General Manager of Buidlbox, expressed positive sentiments toward the event. “We believe that the event will attract some of the most talented developers and entrepreneurs in the field, and we look forward to seeing the groundbreaking solutions they come up with.”
“The Hunt for X” Hackathon will feature multiple challenges each attracting different prices for the winners. The first challenge involves projects that leverage ZKP to scale the Web3 ecosystem and has a prize pool of $36,000. The second challenge involves Cairo 1.0 developer tools. Winners in this category are set to win $3,000. The third challenge involves building educational courses for Zero Knowledge and has a $1,500 prize pool. In addition to the cash reward, winners will also get incubation support, and access to funding opportunities.
Each participant will have the opportunity to present their project to the panel on the Demo Day scheduled for May 10.
The event provides a unique opportunity for any interested party across the world to participate in building the future of Web3. Participants can register now through BuildBox.
Buidlbox is a comprehensive hackathon platform that aims to empower buidlers and guidls with everything they need to gain new skills, earn prizes, grow communities, and build a better ecosystem together. The end-to-end platform offers developers and guidls all the necessary support to develop skills, communities, and projects to build a better Web3 ecosystem. Buildbox offers comprehensive tools and resources for project development. The platform also enables teams to launch their own hackathons, providing them with an effective channel to engage with their community, and tools to track their performance. Buildbox has a rich portfolio, having successfully launched hundreds of in-person and virtual hackathons on the Gitcoin platform in the past four years. Its primary mission is to help turn blockchain ideas into reality.
ScalingX is a global accelerator across Singapore, Hong Kong and San Francisco dedicated to the development of Web3 and blockchain technologies, with a focus on Zero-Knowledge Proof (ZKP) technology. Our goal is to advance the adoption of blockchain technology around the world through investments. We support early-stage Web3 startups by helping them with talent recruitment, networking, fundraising, project incubation, PR and branding, community building, and more. We are fully committed to building a more scalable, transparent, secure, and decentralized network of tomorrow.
Website: https://www.scalingx.xyz/
Github: https://github.com/scalingx/
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