Challenge: Harmony

…And the Top Prize goes for “Amro Saeed”
Harmony

In 2021 Harmony has announced dozens of hackathons in cooperation with Terra, Chainlink, Sushi, Maddock Capital, and Hashkey and Amro has been able to win most of them, and the big challenge was as following:

In addition to the 12 Harmony tracks, Harmony is working with Terra, Chainlink, Sushi, Maddock Capital, and Hashkey on a challenge with the following prize structure: $20K for top prize, $10K for second, $5K for pool prize, and 2 follow on grants of $10K to be decided by the prize partners.

### Terra’s Challenge:

We are an opinionated Layer 1 platform. As we have relationships with most major liquidity providers and investors in DeFi and crypto, we recommend exploring the following themes to make the most of the hackathon.

1.Understand core themes. 2.Identify technologies and areas of interest. 3.Identify suitable skill match.

Extending Stablecoin Adoption Beginner to intermediate developers.

Take advantage of Terra USD native stablecoins to introduce crypto-native experiences: subscription payments and micropayments, yield-bearing escrow, milestone or instant payroll, creative remittance solutions.

Decentralized Asset Management For beginner and intermediate frontend developers.

Over 20% of users of Mirror are in Thailand. Interact with Terra.js, Mirror.js to build decentralized front ends for Mirror. This is a core priority for TFL to enable censorship resistant asset management across borders.

Crypto Native Financial Primitives Intermediate to Advanced Developers

Extend primitives available within the Terra ecosystem. For example, DAO treasury issue bonds issuance, revenue sharing agreements, income sharing agreements, DAO creation and management cross-chain liquidity, traunching.

Picks and Shovels Advanced developers

One of the highest leverage opportunities in the ecosystem is to enable other developers and builders. Create indexers, block explorers, and developer facing tooling to fix issues every developer will face into the future.

### Submission Requirements

All submissions must be open source with a github repo.
To qualify all projects must utilize the Harmony as part of their application stack
The application must be USEFUL or INTERESTING or NOVEL. Extra points if app is deployed on Harmony Mainnet.
If there is wide appeal for the application, it will score better.
A demo video must be submitted for a complete submission
All submissions are through Gitcoin and teams must be formed via Gitcoin with all team members registered.

### Judging Criteria

A panel of distinguished judges will evaluate your submission. Here’s the criteria by which your work will be judged:

Teams are limited to 4 members at most. We encourage team members to be from a variety of backgrounds. We prefer that web2 devs just dipping their toe in web3 have more seasoned developers on their team and to learn from each other.
Alignment to the challenges theme of TradFi to DeFi
Is the application useful? Is it interesting?
Originality and innovation: Because Harmony is EVM-compatible, porting anything from Ethereum is super easy. If you’re going to fork something, that’s ok. But add your own flare to it and make it worth using and be explicit how this fork is . If it’s just a plain-vanilla fork with nothing new, you’ll win nada. zip.
Technicality of implementation: how difficult was it to create your application? If it was easy, that will reduce the likelihood of winning anything.
Design and usability: Have some pride in what you create; add some craftmanship to it.

### Schedule

In addition to the hackathon, we will have a series of workshops, fireside chats, panel interviews, office hours, and check-ins. The schedule is TBD but will be announced as soon as possible. In the meantime, here are the key dates: