Build with CELO Hackathon | Nigeria

September 21, 2022
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2 min read
Build with Celo

About

​Welcome to Build with Celo, a virtual hackathon that invites values-aligned founders and builders worldwide to design and, ultimately, ship their best ideas on the Celo carbon-negative, open source, mobile-first blockchain. Millions of people currently benefit from assets and applications built on Celo, and with this hackathon, Celo is primed to help many more.

Themes

​The Celo ecosystem supports DeFi growth and uses cases that help create a new economic paradigm—one centered around leveraging Web3 tools to solve global systemic problems (e.g., the climate crisis or deep poverty), while empowering local communities, preserving natural resources, and recognizing individuals as unique.

  • REFI: The ReFi movement is galvanizing Web3 builders to design a regenerative economy that promotes a healthy planet, addresses systemic inequality, encourages shared value, and empowers communities to thrive.
  • NFT's: Non-fungible tokens (NFTs) dominated the news cycle in the last year, but they’re good for much more than generative art and PFPs.
  • DAO's: Decentralized Autonomous Organizations (DAOs) are growing in numbers, effectively and transparently working with global communities to create positive change.
  • GameFi: A fusion of gaming and finance, GameFi refers to play-to-earn blockchain games that offer ownership and control to players.
  • SocialFi: Social Finance, or SocialFi, is Web3's answer to the issues of global systemic social and wealth inequality.
  • Defi: Decentralized Finance, or DeFi, are financial tools and infrastructure. Projects in this category are encouraged to develop financial tools that empower our global audience through mobile devices.
  • Web2 → DeFi (Celo Composer): Celo Composer makes it easy for web2 developers to deploy their web3 applications on Celo quickly.
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Awards & Prizes 🏆

​We are targeting 125,000 cUSD in prizes and investor commitments.

​Pools are offered to help you drive your project to completion.

Phase 1 (Ideas) 

  • ​The first 50 Submissions get 50 cUSD

Phase 2 (Hack)

  • ​An incentive for any projects that complete the MVP phase shall receive 200 cUSD (25,000 cUSD)

Phase 3 (Pitch)

  • ​25 teams will be invited to the final Pitch phase. Additional details to come!
  • ​Prizing Top 3 for best overall projects 1) 25,000 cUSD 2) 10,000 cUSD 3) 5,000 cUSD (40,000 cUSD total)
  • ​Final prize pool 25 projects x 1,000 cUSD (25,000 cUSD total)
  • ​Top theme based top prizes (5 x 5,000 cUSD) (20,000 cUSD total)
    • ​Top Overall ReFi Project
    • ​Top DAO in ReFi
    • ​Top NFT in ReFi
    • ​Gaming (GameFi) in ReFi
    • ​Social Impact (SocialFi) in ReFi

Prize Pools 🤩

  • The First 50 Project ideas accepted: 50 cUSD (per submission)
  • First 125 Projects to complete and submit: 200 cUSD (per team)

​To learn more, visit the official hackathon page here https://build-with-celo.hackerearth.com/

participants should look out for an email. If your profile is accepted, join the closed Telegram group for the next steps of the Idea submission stage.

Apply to Join

This Brand Press post is for informational purposes only and should not be interpreted as financial or investment guidance. Always ensure to carry out due diligence.

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