Sonic Reveals a $1 Million Incentive with Mobius Hackathon, Calling for Judges to Assess Solana Apps

Chain extension for Solana, Sonic SVM This marks Sonic's first-ever hackathon, boasting a generous prize pool of $1 million to celebrate the creation of innovative solutions across diverse sectors on-chain. The online competition will take place from February 17 to March 14, aligning with the Sonic mainnet's debut.

The hackathon will cover four primary tracks, each targeting key aspects of dApp creation. One track focuses on the capital market for attention, involving strategies for user acquisition and content tokenization on social platforms like TikTok, Instagram, WhatsApp, and Rednote. Another dedicated track centers around decentralized finance (DeFi), encompassing categories like asset launchpads, trading automation, yield generation, lending, and Maximal Extractable Value (MEV). There’s also a focus on artificial intelligence, where teams can work on projects like agent aggregators, development tools, and initial agent offerings, along with various foundational tools. Lastly, the gaming category encourages the creation of mini-games, social games, free-to-play card games, and high-revenue-per-user (ARPU) titles.

Sonic SVM is putting together a panel of esteemed judges who will evaluate the hackathon entries and facilitate the growth of developers.

Sonic is curating a selection of expert judges to provide insights on hackathon entries, focusing on factors like technical sophistication and real-world applicability. These judges will offer constructive critiques to assist teams in enhancing their applications and maximizing the value they get from the event.

Judges will point out both the strengths and possible areas for enhancement, creating an enriching environment that supports learning for all participants. This ensures every team receives feedback that can help polish their projects. In addition to mentorship and interactions with developers, judges are expected to take an active role on social media, sharing updates, engaging with teams, and promoting exceptional projects to raise awareness of the high-quality applications being built.

The spotlight will also shine on the budding talent emerging in the industry. Sonic SVM After the event concludes, the judges will assess all submissions and announce the winners on April 2. The Mobius Hackathon, with its substantial $1 million prize, aims to speed up the development of applications on Sonic by showcasing the network's capability for scaling.

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