Siacoin (SC) focuses on providing an open-source low cost solution for cloud storage.   

Sia Tweeted:  “The hackathon runs from September 15th to the 30th. We hope that many hackers who submit apps for the primary near prizes might be able to double-up and take advantage of our bounty as well!”

The Hackathon is titled Hack the Rainbow.  This is a Cooperative type of project that is Permissionless.  This is applicable for beginner level experience.  It provides for [1.5 million SC (~$4,800)] – A Near app with a Skynet-based UI.

The prize bounty provides for one grand prize, which is 1,000,000 SC, nearly $3,200 as of this writing.  And, two runner up prizes,which is 250,000 SC approximately $800 each.  It has been stated that as of this writing, for all participants the prize worth consideration will get 15,000 SC.

Sydney Ifergan, the crypto expert tweeted:  “Talent and being competitive are two different things.  SiaCoin (SC) Hackathon is a good event for those who are competitive to propel forwards.”

The judgment is based on a few factors like a Near app with a Skynet-based UI, applicability of the project, usability by all, potential positive impact on SkyNet and Near Ecosystems, Workability on the Mainnet, greater appeal to wider audience.

Siacoin (SC) Hackathon Challenge

The challenge that is given in this Hackathon is to create a next generation app or developer tool built on Near, with a front end UI that is hosted on Skynet.

A previously built “Near app” with the UI moved to Skynet is also acceptable.  And, the original team who have made the Near app can complete the migration to Skynet. It is important for the core team to accept the SkyNet App merge request.

As a part of the submission request, it has been stated that the project should be open source.  The Skynet should be implemented as a front-end UI for a new or existing Near app, and the app should be doing something useful, interesting, and entertaining. Completed submissions with demo videos are considered to be the best for judgment.

The recommended apps and ideas are Uniswap front end, balancer front-end, balancer instructions for deployment to Skynet, Mooniswap front-end, Mooniswap instructions for deployment to Skynet, Skynet Paste Bin.  They also accept apps which are those similar to those in the Skynet App Store.  And, also an application which is built on Near, but whose UI is hosted on the SkyNet.