Conflux DApp Mega Challenge (Prizes 75,000 CFX)

[aalu1418]

Conflux DApp Mega Challenge (Prizes 75,000 CFX)

Prize Bounty

Total Prize Bounty for DApp Mega Challenge track 75,000 CFX

• 1st Place - 40,000 CFX
• 2nd Place - 25,000 CFX
• 3rd Place - 10,000 CFX
• All valid project submissions will receive 100 CFX + a hackathon NFT

Challenge Description

Build a project on Conflux for any of the following use cases:

Name	Description
Financial Primitives	Build advanced trading decentralized options and futures platform for cross-chain Conflux Assets
NFT Products	Design and create games, collectibles, other real-world assets using Conflux Non-Fungible Token standard
Payment Channels	Payments on Conflux with stablecoins for micropayments and settlement scenarios like gaming, tipping, gifting
DAO	Create a DAO framework on Conflux which can be forked into governance for DeFi or a Venture DAO
Stablecoins	Create new stablecoins using crypto-backed or algorithmic-backed mechanisms for new currencies or assets.
Insurance	Create decentralized insurance markets for price volatility with Conflux assets or smart contract vulnerabilities.
Infrastructure	Gas station, dashboards for tokens or analytics, Decentralized ID

Resources

• Join our Discord channel to brainstorm ideas, find team members, or just to come and hang out with other hackers!
• Learn more about Conflux tools, watch tutorials, and read our developer documents.
• Check out our workshops that are happening throughout the hackathon.

Submission Requirements

1. The application, infrastructure tool, smart contracts and/or storing state must be primarily built on or must utilize Conflux Network.
2. Open source code must be submitted, preferably hosted on Github (tag with #conflux)
3. Maximum 10 minutes video recording of the product demo + pitch demonstrating the functionality and a business case.

Other Requirements

• Project should be started on or after the hackathon start date to keep it fair
• Project should be deployed either on the testnet or mainnet, with a deployed site/server/etc
• Project should be an original work of an individual participant or a group project
• Each project is eligible for more than one bounty/prize based on the extent of implementation

Submission Deadline

• Last day of the hackathon - Sunday, 22nd November 11:59 PM EST (GMT -5)

Judging Criteria

A panel of judges will rate your project on a scale from 1-5 on the criteria below

Evaluation Criteria	Description
Technical Implementation	How challenging was the project to implement? Does the project push the boundaries of what is possible within the timeframe of the hackathon?
Completion State	Project state (like MVP, functional) Proper documentation and testing Plan forward beyond the hackathon
Requirements Alignment	Alignment with the bounty/track goals Practicality for the Conflux Ecosystem
Creativity and Design	Uniqueness + creativity in the application or product

Winner Announcement Date

• Winners Announced - Wednesday, 25th November
• Demo-day for the winners on Tuesday, 1st December

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Issue Status: 1. Open 2. Started 3. Submitted 4. Done

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Work for 0.001 OTHER has been submitted by:

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Issue Status: 1. Open 2. Started 3. Submitted 4. Done

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Work for 0.001 OTHER has been submitted by:

1. @slideloft
2. @fatemehz
3. @leledumbo549
4. @jff-danno
5. @cristiangpr
6. @samt6
7. @rachit2501

@aalu1418 please take a look at the submitted work:

• PR by @rachit2501
• PR by @SamT6
• PR by @cristiangpr
• PR by @JFF-Danno
• PR by @leledumbo549
• PR by @Fatemehz
• PR by @slideloft

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[cristiangpr]

https://github.com/cristiangpr/conflux-dao

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Issue Status: 1. Open 2. Started 3. Submitted 4. Done

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The funding of 0.001 OTHER attached to this issue has been approved & issued to @slideloft.

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[aalu1418]

Official winners announcement:
https://medium.com/conflux-network/hacking-decentralized-commerce-winners-ad49fefcb4be

[gitcoinbot]

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

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Work has been started.

These users each claimed they can complete the work by 9 months, 3 weeks ago.
Please review their action plans below:

1) cryptopowers501 has started work.

Hello all Conflux warriors...A great person told me to get out of my comfort zone...so here we go.

This is a work in progress

I am a developer of 25 some years looking for a couple, max three more team members for the hackathon

Once I have my team members we will fine tune the following. It is hard to do without revealing too much. This is a full blown project that I have been thinking of and researching for some time but have not started a single line of code...so let us get started...

This will be a three part project. The NFT project will be the focus of the Hackathon but we may get to part of the mini-DEX as well

1. Token creation with unique features

• The Token will support early adopters offering staking of both MOON and FC with privileges and future bonuses for both.

• 144M max supply 21M min supply, IDO on MOON ( with their acceptance ) - 610k tokens will go to founders - myself and 4 others whom are supporting my personal development of blockchain technologies and research. These will be issued at 10k per month after launch of the NFT project. These 4 persons may chose to remain autonomous but will continue to support and further my research in blockchain and other projects also. Some of them will also help with marketing at no cost.

• deflationary and inflationary, when burning goes below 21M LP providers will receive 50% newly minted tokens once per full MOON in honor of the MOON Team the other 50% will go to the community through various programs. I want to try this model because I believe a flow of tokens creates value like the flow of a river.

• Both MOON and FC will also be burnt with a lower limit ( min token number amount) voted on by the LP holders.

  • Initial team members will be rewarded with Tokens per month to a maximum 144k tokens 12K tokens per month

• transaction fees and burning will be implemented at time of first transaction

Community driven

• After the first year new development proposals will be voted on by LP holders, This will be democratic in that any LP holder will get one vote, this is unlike most current democracies where the wealthy sway the voting and stifle progress of development. This cannot be changed by voting. Larger LP voters will get a larger share of transaction fees but not have extra voting rights. The team will still pick the top x number of proposals to be voted on for the second year but will only have weighted voting rights on subsequent years.

• New hires after one year will be voted on by LP providers and current team members. Current team members will have a higher weight in voting. I believe this is the future of all Defi projects, the community will decide in part the direction of all projects.

• Though this will be community driven the Team will be incredibly well rewarded so as to attract the very best talent. This will also add value to all future additions and drive technology innovation.

2. Long term mini-DEX project

• Both MOON and FC pairs

• 0.1% transaction fees.

• LP holders of both MOON and FC ( a set minimum amount ) will be ZERO but will have to pay the amazingly low Conflux gas fees.

• From the fees 0.05% will go to LP providers, 0.025 will burn MOON and FC and the token If all tokens are at their min level then the 0.025 fee goes to the LP providers. The remaining 0.025% will go to support the network and project. If the project costs are covered for both the NFT and DEX then the community can vote to distribute the remaining to a charity of their choice

• The minimum amount will have tiers dependent on Conflux Wallet holding size. I want to encourage small holders to participate in the fee structure. The size of your LP holdings will determine the max size of order(s). This is still being thought out but if you want to place large zero fee orders you will have to have a large LP stake that is also locked for a period of time. There will be more to this than is being presented here.

• the mini-DEX will have some other unique features and revenue as well to be revealed soon...

3. NFT project

• This is a technology challenge project much of which is not written here.

-- This NFT project will combine two different and unique Defi blockchain technologies and they will work together and in unison...Conflux will be the main chain and handle all forward facing transactions.

• It will have its own sponsorship mechanism....or a sort.

• there will be a NFT transaction fee. If you use The Token for fees then fees are reduced There will also be a minimum sale price. The same transaction fee will be used when creating the NFT but only on one NFT per series and also based on the set sale price.

• there will be other revenue associated with the NFTs

• There will be staking and collections with collections having earnings for both the collector and the artist....

• secondary sale of an NFT or collection will have a higher transaction fee with a portion going to the artist or artists, this may provide another revenue stream for the artist. There are some technology challenges with this I think which makes it interesting...Can a royalty follow an NFT....I think it might be able to...

• there is more to the project that I will share with the team...
  2) ntquang22298 has started work.

A market place for people who want to sell or buy tickets
3) jff-danno has started work.

I'm building a Java Servlet Aplication that will support a JSP and AJAX User Interface. I'll be making RPC calls using the Conflux Java sdk.
I'll be a including a java/mysql user system I already have from previous projects.
I'll be seeking to provide as much functionalilty to the front end as I can.
The goal being to provide a simple to roll out and develop dashboard.
4) slideloft has started work.

A bill payment and gift card service using Conflux CFX as a means of payment.
5) leledumbo549 has started work.

Aave interest + Chainlink random api + Conflux fast tx = Formula to encourage user to use Conflux. Spend! Spend! Spend!
6) fatemehz has started work.

500000
7) samt6 has started work.

Polaris is a decentralized, transparent, fair, and no-loss lottery platform that uses Conflux (low gas fee), Aave (earn interest) and in the future, Chainlink (external APIs).
8) rachit2501 has started work.

A cross chain protocol, to swap cfx with eth and vice versa. Liquidity pools are maintained between the two chains to do the swaps. Liquidity provider earn reward for providing liquidity.

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