PRESS RELEASE. Moledao presents MoleHack: NFT 2.0 – a global challenge to discover new innovations in the NFT space. In partnership with Bybit, Polygon, BitDAO, iZUMi Finance, Project Galaxy, thirdweb, buildspace, L2Y, Web 3 Collective and more, the hackathon has over $80,000 grants and prizes in total for builders to win.
In conjunction with MoleHack: NFT 2.0, Moledao launched its exclusive web 3 membership NFTs on Project Galaxy for both new and old builders of Moledao. For the new builders of MoleHack: NFT 2.0, the first 50 registrants who submit their completed project will be able to claim a special edition hacker NFT while the Original Mole collection will be claimable for all Moledao Web 3 Hackathon participants and partners. Both batches of NFTs will be claimable in April.
Moledao NFT holders, also known as Moles, are part of an exclusive hidden Mole kingdom that is living in the age of web3. Some benefits include introduction to accelerators, investors, and membership to Moledao’s exclusive community that has access to investors, marketing opportunities, legal help, and more. There will be more upcoming batches of Moledao’s membership NFTs, awarded to those who participate in Moledao’s community events.
Builders will have 1 month to register and submit their projects from 28th February to 28th March 2022. They are invited to create new innovations in the NFT space with the four recommended domains:
- Tooling and Analytics – build tools that help to streamline the entire process of creating an NFT project
- Infrastructure – create solutions lacking in the current market
- DAOs – build new concepts of using NFTs as a social and governance tool
- Token Innovations – create interesting use cases for NFTs
MoleHack: NFT 2.0 targets mainly new and early web3 builders. Moledao aims to grow and cultivate early blockchain builders from 0 to 1, and encourages all new builders to participate in the hackathon. As such, only projects which have not raised investments exceeding $100,000, whether through NFT sales or investments, will be eligible for the hackathon.
Ben Zhou, Co-Founder and CEO of Bybit, said, “Innovative NFTs have changed the way ownership, membership, branding, fundraising, and community are built on the internet. It’s a new era where both uniquity and commonality are respected. MoleHack: NFT 2.0 offers developers, designers and entrepreneurs a unique opportunity to discover and realize new innovations in the NFT ecosystem.”
Muskan Kalra, Lead Developer Relations at Polygon, said, “There are still barriers to mass adoption of NFTs despite the huge growth in the space. NFT innovations that can create solutions to the problems in the current market will make it more accessible to the masses. Polygon wishes to partner with such NFT projects to build on the vision that Web3 is for everyone.”
To kick-start the hackathon, Moledao will be hosting a Twitter space on 3 March, Thursday, 1PM (UTC) together with Polygon, L2Y, ResearchDAO, The Block School and more web3 builders to chat on the hackathon theme of NFT 2.0 and explore the future of NFTs beyond JPEGs.
NFTs will remain a popular way to onboard new users to the blockchain ecosystem, which makes innovations all the more important to accelerate the process. Register for MoleHack: NFT 2.0 and join us in building the future of web3 here.
Moledao is digging for undiscovered blockchain talents. It is a social platform for all blockchain enthusiasts to learn about the latest in blockchain, grow and contribute to build more innovative ideas with the help of experienced blockchain pioneers and innovators. It aims to bring blockchain to everyone and grow the ecosystem through education and global hackathons.
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