BNB $582.32 -0.22%
XRP $1.12 -2.00%
ETH $1,787.06 +0.01%
BTC $63,694.38 +0.22%
BNB $582.32 -0.22%
XRP $1.12 -2.00%
ETH $1,787.06 +0.01%
BTC $63,694.38 +0.22%
BREAKING
Altcoins News

Stellar Lumens (XLM) Hybrid Hackathon Calls Those Exploring NFTs

Stellar Lumens (XLM) Hybrid Hackathon Calls Those Exploring NFTs

Community Trust ScoreLikely Real

79%
Real
Likely Real34 votes
Updated 4 years ago

Stellar expressed:  Interested in exploring NFTs but don’t know how to code in Solidity and/or want to avoid high gas fees? Join us March 11-13 to build innovative, accessible NFT experiences on Stellar using all kinds of programming languages.

Not sure where to start? Register to attend a developer workshop on 3/11 and learn how to create NFTs on Stellar using JavaScript.

Both events are hybrid, so you can join IRL or virtually. See you there!

Further, Building NFTs with JavaScript will also be included.  Those who are looking to just get started can mint your art into an NFT for less than a dollar and compete against other artists for prizes.

Advertisement

As the main sponsor for this year’s SXSW’s Finance 3.0 Summit, the Stellar Development Foundation is sponsoring a 48-hour hybrid hackathon that challenges experienced and newcomers alike to build a project on Stellar that incorporates the use of NFTs.

$10,000 worth of XLM (Stellar’s native currency) in prizes will be awarded to the best implementations of the challenges below! Additionally, all submitters will receive a one-of-a-kind NFT badge to prove your participation. Build something cool, try something new, get rewarded, and get your name out there!

In this hackathon, the artist who does not know how to code will be facing the challenge of creating an NFT.  The artist will be creating a piece of art according to a particular prompt which will be released at the start of the hackathon.

Litemint is an NFT market place on Stellar and the artist will be able to mint the art piece as the first NFT.

The real fun begins when artists will want to build NFT applications beyond buying and selling.

For those who are new, Non-Fungible Tokens, NFTs are unique digital items, and they can represent ownership of artwork, audio, writing, in-game items, really anything.

For the NFT Artist challenge, entries must create a brand new artpiece based on a prompt released at the start of the hackathon, mint it as an NFT on Litemint and fill out all required fields on a separate form before the deadline on March 13th at 3 PM CST.

At present, NFTs are very popular on Ethereum; however, there are serious advantages for NFTs on Stellar due to their energy-efficient consensus mechanism.  Users can mint NFTs within seconds for a low transaction fee. This will eventually break down barriers for artists and creators from across the world to eventually share their work with the world.

 

 

Community Trust IndexHigh Confidence
79%
Real
Real79%21%Fake
34 community signals

Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first gained mainstream attention. She covers the latest developments in blockchain technology, DeFi protocols, and regulatory frameworks for The Currency Analytics.

Advertisement

Related Stories