NFT Hack Challenges

This article contains all the information about the challenges for the Filecoin NFT Hack, which is now underway. We wish all of our hackers the best of luck, and can’t wait to see the fantastic projects you submit in 8 weeks time!

The full video and write up of the Hack Launch event will be available soon.

Filecoin, the world’s largest decentralized network, allows users to store, request, and transfer data via a verifiable marketplace. Filecoin is completely open-source, enabling people from all over the world to participate.

The Filecoin protocol runs on an advanced and novel proof system — a combination of Proof of Spacetime (PoSt) and Proof of Replication (PoRep), to provide unmatched efficiency and reliability. Filecoin’s advanced technology provides a robust foundation to store the world’s most valuable data sets.

An alternative to costly cloud storage, the Filecoin network offers efficiently priced and geographically decentralized storage, minimizing financial barriers, and allowing users to take advantage of its unmatched network capabilities.

Complete up to 4 of the beginner challenges below:

You can submit screenshots or paste the cid as proof of completion for the beginner challenges.

Prizes: $25 per beginner challenge, capped at $100 per hacker — Total of $10,000 available

Build a project that combines decentralized storage on Filecoin+IPFS with smart contract networks. Examples include Chainlink, Polygon, NEAR etc.

Prizes:
1st Prize = $5,000,
2nd Prize = $3,000,
3rd Prize = $2,000
— Total of $10,000

Build a project that utilises IPFS/Filecoin.

We encourage teams to innovate upon existing NFT and other use cases by building things such as:

Prizes:
1st Prize = $10,000,
2nd Prize = $7,500,
3rd Prize = $5000,
4th Prize = $2,500

Runners up Prizes = 5 x $1,000 — Total of $30,000

Approach:
Our judges grade submissions across five equally-weighted categories:
1) Design,
2) Novelty/Originality,
3) Technical Accomplishment,
4) Potential Impact,
5) Creativity/Fun.

Submissions will be rated with decimal numbers between 1 (worst) — 5 (best) per category (max score: 25) by each judge. The final score is the average of all voting judges.

Categories:

If you have any questions, please email: questions@encode.club

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