Magic Eden, one of many main Solana NFT marketplaces, has introduced an unbelievable one-million-dollar hackathon. The Creator Monetization Hackathon is a mind-blowing alternative to develop long-term and impactful options for royalty enforcement and various enterprise fashions. To make clear, the hackathon will enable creators and ecosystem companions the liberty to work in an open and inventive surroundings. Moreover, a number of judges have signed up for the occasion, which guarantees to be a unprecedented assembly of minds.
Magic Eden launches $1 million hackathon
Magic Eden is an extremely revolutionary and inventive platform. Rather more than an NFT market, it is usually shaping the way forward for the Solana blockchain. One of many methods it helps to drive the area ahead is thru hackathons. A hackathon is a social coding occasion for these unfamiliar with the time period. Moreover, it permits individuals to work collectively to realize a typical purpose.
The newest hackathon by Magic Eden gives a singular alternative for individuals concerned within the ecosystem to enhance how the platform works.
Hackathon will supply a spread of grants
Considerably, Magic Eden can even supply grants and publicity to these taking part within the hackathon.
In a press release on their web site, Magic Eden mentioned, “We are going to work with the neighborhood to supply grants for these options and provides them publicity. Must you be engaged on any options, together with protocol-level royalty enforcement, collector incentives for imposing royalties, disincentives for bypassing royalties, or various monetization fashions, we wish to speak to you.”
Lastly, up to now, at the very least seven judges have been introduced. Extra particulars will observe concerning the hackathon occasion within the coming weeks.
Lately, the Magic Eden platform has additionally confirmed to its neighborhood that it’s enabling optionally available creator royalties for customers. This has prompted large controversy locally, with many calling it unfair to artists and creators.
