Binance Exchange is the leading global cryptocurrency exchange, with users from over 190 countries and regions. Capable of processing more than 1.4 million orders per second, Binance is the largest crypto exchange by trade volume and one of the fastest in the world.
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The exchange has shown great interest for the African community and has deployed various activities to help educate and grow Africans in blockchain technology and cryptocurrency.
The 20-day hackathon is co-hosted by Bundle, a social payments app for crypto, and seeks to empower blockchain engineers on the continent to rapidly build blockchain solutions on the Binance Smart Chain (BSC) that solve real-world problems in Africa.
The Hackathon themed ‘Decentralized Africa’ will include various sections of activities and events ranging from Workshops, AMA sessions, Webinars, Daily lucky draws
and will conclude with a demo-day showcase.
There will also be a limited edition NFTs and Binance Swag for participants during the 20 days worth $30, 000 prize pool provided by the BSC investment team, sponsors, and the general community. The event will last from June 7 – June 28, 2021.
The hackathon will consist of team leaders from the hackathon sponsors that include Bundle Africa, Mudbox, Refinable, Quidax, Forbes, 1inch among others. The hackathon is open to all developers, builders, and creators from across the African continent including both beginners and non-beginners.
According to Binance:
“All Defi and NFT projects will be built on the Binance Smart Chain and made completely open source. Participants will build cool solutions that will potentially solve some of the real problems facing Africa.
Some examples of areas to cover include Savings, Lending and Borrowing, Swaps, Royalties and Renting, Elections, Identity Management, Land Ownership, NFTs marketplaces
amongst other relevant areas.”
Binance blockchain ecosystem comprised of Binance Exchange, Labs, Launchpad, Info, Academy, Research, Trust Wallet, and Charity. The platform focuses on security, robustness, and execution speed while attracting enthusiasts and professional traders alike.
You can register for the event here