2020-10-8 20:50 |
The Input-Output Hong Kong (IOHK) development team is partnering with the global humanitarian organizations, the United Nations (UN), launching a hackathon to end poverty, hunger and solve climate change. The hackathon will have a top prize of $10,000, aiming to incentivize developers to make the humanitarian millennium goals more achievable.
IOHK aims at improving the overall blockchain impact in international development using the Cardano blockchain. The hackathon proposal submission period opens on Saturday, and entries must be finalized by October 18 at 11:59 MDT. The selections will then take a week before results are released on 24th October, on the 75th anniversary of the launch of the United Nations – United Nations day.
Participants can submit any Cardano-based solutions on any of the new 17-millennium development goals set in 2015, including ending extreme poverty and hunger, fighting inequality and injustice, and tackling climate change. A pool prize of $10,000 worth of ADA, Cardano’s native token, will be released to incentivize projects to build.
The winning projects will be judged by a panel from the IOHK and UN employees, determining “an idea’s technical prowess, scalability, and social impact, as well as its financial and volunteer support.” The statement further states,
“The winning ideas will be able to seek the advice of experts from both the UN and IOHK to ensure that they are implemented in the most impactful way.”
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