San Francisco -- ScalingX, a Web3 developer community and accelerator, has teamed up with Buidlbox, a renowned blockchain hackathon platform that has helped builders launched on the Gitcoin platform, to host "The Hunt for X '' Hackathon, a virtual competition aimed at promoting innovative blockchain scaling solutions using Zero-Knowledge Proof technology. The event will bring together the brightest minds in the Web3 space, including developers, researchers, end-users, and investors, to catalyze new ideas and accelerate the development of ZK technologies along with a $40,500 prize pool.
"The Hunt for X" Hackathon will take place over a period of three weeks, starting on April 12th, 2023 and ending on May 5th, 2023. Participants will work in teams or as individuals to develop scaling solutions that leverage ZK technology in the current Web3 ecosystem. The event will feature expert mentors and judges across the blockchain industry, including leaders from ConsenSys, Coinbase, p0x Labs, and a renowned cryptography researcher who will evaluate the submissions based on creativity, feasibility, and potential impact.
"We are excited to partner with Buidlbox for this hackathon to showcase the potential of ZKP technology and the importance of blockchain scaling solutions," said Chichi Hong, the Co-founder of ScalingX. "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. Our aim is to provide a platform for projects to bring their ideas to the world and help early-stage Web3 startups with talent recruitment, networking, fundraising, project incubation, community building, and more."
Morten Pedersen, the General Manager of Buidlbox said "We are excited to collaborate with ScalingX for this hackathon, which will help us explore the potential of ZK technology and encourage innovation in the blockchain industry. 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 winners of "The Hunt for X" Hackathon will be sharing an attractive prize pool including cash rewards, incubation support, and access to funding opportunities. The event is open to participants from all over the world, and registration is now open on the Buidlbox official website.
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 a range of powerful tools and resources for developers and entrepreneurs looking to create decentralized applications (dApps) and blockchain-based projects. Buidlbox also enables teams to launch their own hackathons from start to finish, engage with their buidler community, and track performance metrics. Since 2019, the Buidlbox team has organized and launched hundreds of virtual and in-person hackathons on the Gitcoin platform, gaining knowledge and expertise in helping ecosystems grow. With this experience, Buidlbox aims to provide all the necessary tools to help turn blockchain ideas into reality.
ScalingX is a global developer community 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 education. 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.