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Home News

Supra Launches ‘Super dApp Showdown’ Contest to Invest in New Projects on its Platform

13 June 2024
in News
Reading Time: 2 mins read
102 7
Supra Launches 'Super dApp Showdown' Contest to Invest in New Projects on its Platform

source: wublock.substack.com

Supra, a Layer-1 blockchain network, has announced the launch of the “Super dApp Showdown” developer contest as part of its plans to invest in new projects from its recently established $100 million Ecosystem Fund.

The project’s team stated in a blog post published Thursday, June 13, that the contest is a step towards completing the vertical integration of all core services and multiple virtual machines (VMs) into one sophisticated Layer-1 for the Super dApps project. 

The team invited developers from various other blockchain platforms to participate in the contest. It noted that they will all compete on a levelled playing field to win a portion of the $100 million ecosystem fund. The participants will be judged by the team’s partners, which include Google iCloud, Republic Crypto, HashKey Capital, and Killer Whales.

Furthermore, the platform noted that winners from the different categories, such as GameFi, DeFi, and SocialFi, will also get access to over 500,000 KYC-verified users on the Supra Layer-1 mainnet. 

The Supra team’s CEO and Co-Founder, Joshua Tobkin, expressed expressing his excitement about attracting the required founders and developers requires

The contest will commence in August and will last for three months. The team noted that each week, the winning team’s Super dApp will be displayed on the Blast Off platform and will feature quests and missions designed to familiarise users with the Super dApp project. According to the team, developers will be free to choose the kinds of rewards accessible to users, such as airdrops, prizes, non-fungible tokens (NFTs), and in-game assets.

Notably, the contest offers participants the chance to freely explore Supra’s Layer 1 network’s functionalities. The platform vertically combines core blockchain technology with Oracle services, bridges, and automation capabilities into one unified, high-efficiency stack. Furthermore, the network combines vertically with its Distributed Oracle Agreement (DORA protocol), enabling real-time data access for building quicker and more efficient dApps across GameFi, SocialFi, DeFi, and other blockchain use cases.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Tags: Supra
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Precious James

Precious James

Precious James is a seasoned forex and crypto trader who loves sharing insights through engaging and accessible content. When not analyzing markets, Precious enjoys quality time with their beloved dogs. This blend of expertise and personal passion adds a unique, relatable touch to Defi Planet's content.

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