CORE DAO Opens Blockchain Protocol Innovation Challenge for Core-Based Builders

Applications for Core DAO’s S-Prize competitions are now opened. These contests are designed to encourage the creation of novel goods and solutions that will enhance the Decentralized Finance (DeFi) and GameFi ecosystem.

The DeFi and GameFi categories of the S-Prize competitions are available to protocols from all around the world. According to BSC News on March 9, each category will have specific requirements, and projects will be evaluated based on their capacity to achieve these criteria. On April 25, The Satoshi Plus Consensus launched the applications and announced information on Twitter.

1/ Applications for the S-prize #1 and #2 are now live ☀️

The S-prize aims to support the ecosystem development.
Showcase your best DeFi or Gaming projects on Core and share a pool of $650K in $CORE rewards.

The first snapshot is taking place as of May 10th, apply before 👇

— Core DAO (@Coredao_Org) April 25, 2023

The reward pool for the S-reward competition winners will total $650K in $CORE. These contests are designed to encourage participants to develop excellent solutions that will advance the sector.

The S-Prize competitions run by Core DAO are exciting for the growth of projects based on Layer-1 blockchain. The success of its scalable and secure ecosystem will be aided by these competitions, which will encourage the creation of creative solutions. These kinds of projects will play a role in determining the future of the DeFi sector as it develops further.

What is CORE DAO?

Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the crypto ecosystem’s history and an even greater excitement for Core’s role in its future.