The USD 1 million prize will be awarded in native tokens on the Metis platform.
The hackathon is carried out with the alliance of Binance, the Universidad del Rosario and Colombia Fintech.
Until November 30, software developers with knowledge in the creation of smart contracts will be able to join the Metis Hackathon in Colombia. Participants will have the chance to win up to $ 1 million in tokens and prizes awarded by the Binance exchange.
The event seeks the development of new decentralized applications (dApps) in Ethereum and also lto integration or migration of DApps to Metis Layer 2, a second layer of the network that allows to reduce gas rates for users.
The works will be evaluated according to three criteria: the problem it solves, its value proposition and its economic, social and environmental impact. Those interested who believe that they can carry out this challenge will be able to register in the Metis website, where you can also find all the relevant information in this regard.
The creators of the best solutions will be awarded USD 1 million. This sum of money will be distributed among all the winners. Payment will be made through the delivery of METIS tokens. In turn, the company will offer each one recognition and support for the Ethereum ecosystem development program.
Those who prototype with P2P payment solutions supported on Binance may additionally qualify for other awards. Binance, a leading global cryptocurrency exchange, is one of the sponsors of this initiative, in conjunction with two other entities. They are Juristech from the Universidad del Rosario and Colombia Fintech.
Metis wants to attract Colombian blockchain talent
Metis is a decentralized economy platform, which is dedicated to accelerating the business transition to blockchain. Its mission is to contribute to making these organizations fair, open and, also, decentralized. Lya Glaentzlin, Metis representative, says: “We are beginning to sow in Colombia, so we want to attract local talent.”
Currently there are several university diplomas in blockchain and interest in cryptocurrencies in Colombia, as previously reported by CriptoNoticias. Institutions such as Universidad del Rosario and Colombia Fintech support the promotion of technology by virtue of the country, for which they have decided to ally themselves with the Metis hackathon.
From the union we see the wide scope of initiatives such as Metis, which has set its eyes on the country in search of Colombian talent, and we give institutional support to projects that promote and explore technology as a tool for innovation and digital progress in inclusion financial country.
Erick Rincón Cárdenas, president of Colombia Fintech.