Chainlink Unveils Constellation: A Grand Hackathon Event

blockchain.news:

Chainlink has taken the wraps off its most extensive hackathon event to date, dubbed Constellation, set to commence on November 8 and run through December 10, 2023. This announcement comes on the heels of Chainlink's evolution since its initial virtual hackathon in 2020, which had garnered over 1,000 registrations and 70+ project submissions from enthusiasts spanning 45 countries. The initiative was a frontier at the time when the Decentralized Finance (DeFi) space was in its nascency, and Non-Fungible Tokens (NFTs) were just beginning to make a mark.

Hackathon’s Progression Over Years

The narrative of Chainlink's hackathons over the years is one of growth, advancement, and betterment. Each subsequent hackathon has surpassed its predecessors in scale and sophistication, culminating in the upcoming Constellation event. This platform has been meticulously crafted to offer a straightforward success pathway for Web3 engineers of all experience levels, through the Chainlink platform, which serves as a universal conduit to myriad blockchain networks. Over the years, these hackathons have morphed into a launchpad for developers to interact with state-of-the-art infrastructure elements, thereby reshaping the global perception and utilization of Web3.

Prize Distribution and Categories

The Constellation hackathon boasts a prize pool of $350,000, spread across seven core prize tracks. The prize tracks are designed to cover a broad spectrum of blockchain applications.

Grand Prize ($25,000): This top accolade is set aside for the project that exemplifies superior implementation, irrespective of its vertical or theme.

DeFi and Payments ($22,500): A call to arms for developers to forge lightning-fast DeFi applications that