ETHGlobal

ETHGlobal Singapore

Gnosis Chain

$2,000

About

Gnosis is a collective of aligned projects revolutionizing payments infrastructure to make decentralized financial tools accessible and usable for all. The Gnosis ecosystem is underpinned by Gnosis Chain, a highly secure, resilient, and decentralized EVM Layer 1 network and also includes the venture-building arms, Gnosis Studio which includes Gnosis Pay, Circles, Hashi, Metri wallet and Gnosis AI Labs team. These projects are creating a radically inclusive infrastructure helping bridge the gap between blockchain technology and practical, everyday applications/use cases. Gnosis Chain is operated by a diverse set of 200k validators around the world. It is one of the Ethereum’s first sidechains focused on resilience and credible neutrality as its core values. Gnosis Chain has fast transaction time of 5 seconds and low transaction fees. For instance, for 500 transactions $0.01 xDAI is required. The ecosystem support is ever growing, hence making it a perfect choice for developers to build dApps on-chain!

Prizes

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🌕 Best Build with Circles on Gnosis Chain ⸺ $2,000

Circles is a social money that allows people to collectively self-own their financial infrastructure, and build fair community currencies. Circles employs a unique token issuance mechanism where each user generates their own currency (CRC) at a steady rate of one token per hour, simulating a basic income system. Deploy a dApp on Gnosis Chain or Chiado Chain which utilizes Circles (CRC) token and trust-relations infra. Here are some ideas for you to hack on : - Using CRC as voting rights token - Using CRC tokens to form a closed group, use personal tokens as collateral and build out usecase for using groups - Using CRC token for events, use as a social platform to connect with people, trust who gets to be part of your network.

Qualification Requirements

- Contracts should be deployed on Gnosis Chain or Chiado Chain. - Have a working codebase with Circles SDK integrated and using either Human, Group or Organisation Avatar. - A readme.md file to support your usecase.