With the launch of the 'Builders Bounty Challenge,' Arbitrum is rewarding DApp developers with a total grant pool of $10,000.
In Brief
Arbitrum has launched its 'Builders Bounty Challenge,' which is designed to inspire developers to innovate and build exceptional dApps for a chance to win from a total of $10,000 in grants.
Ethereum Layer 2 scaling solution Arbitrum This new initiative calls on developers, with a special focus on those based in Southeast Asia, to create innovative dApps on the Arbitrum network. Participants will compete for a share of a $10,000 grant, with the challenge running until November 4th.
The challenge is part of a larger campaign to recognize and foster developer talent in the area as the community gears up for the upcoming DevCon 2024. While it primarily targets Southeast Asian developers, it remains open to participants from all over the world.
This competition is a fantastic opportunity for developers to hone their skills while creating dApps on Arbitrum. Not only will the winners receive grants, but they’ll also have a chance to showcase their creations at a major Ethereum developer conference. This role offers networking with industry professionals, potentially leading to exciting future prospects in the Arbitrum and Ethereum ecosystems.
The Builders Bounty covers a variety of categories, including Social, Gaming, Developer Tools, DeFi, and Open categories, inviting a wide array of developers. Submissions must include a link to their GitHub projects. To support those interested in joining, Arbitrum has also set up a dedicated Discord channel to provide help.
What Is Arbitrum?
Arbitrum operates as a Layer 2 scaling solution that enhances the performance and scalability of the Ethereum network using rollup technology. This innovative approach increases transaction throughput and reduces fees while keeping Ethereum's robust security features intact. Arbitrum The ecosystem boasts a range of Layer 2 scaling solutions, with two prominent chains in operation: Arbitrum One and Arbitrum Nova.
Arbitrum One functions as a versatile optimistic rollup, allowing users to deploy decentralized applications and smart contracts without the need for permission. Arbitrum Nova, also an optimistic rollup, specifically caters to gaming and social applications, providing unrestricted deployment.
Recently, the platform has successfully upgraded An update to ArbOS 32 has been rolled out across the Arbitrum One, Nova, and Sepolia networks.
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