June 8, 2023
Polygon News

Polygon’s ‘BUIDL IT 2021’ India Web3 Hackathon: US$100,000+ to Win

BUIDL IT to Win from the US$100,000+ in Prizes

The Polygon ecosystem adoption is thriving leaps and bounds. Having deployed over 1200+ dApps, the Polygon Network enjoys a stellar daily active user (DAU) count in the Web3 universe.

Having the objective of promoting the Web3 technology and culture in the minds of the promising developers of India. The Polygon Network has just announced the Polygon “BUIDL IT 2k21.” The first of its kind “Polygon-native hackathon” of India has Polygon working with Devfolio (the largest builders community of India).

The prizes to be won in the Web3 Hackathon amount to over US$100,000+. The BUIDL IT Web3 Hackathon is ideal for the developers, entrepreneurs, artists, and students’ ecosystem, to live their Blockchain & Web3 journey.

Regardless of being veterans or novices in the domain of Web3, BUIDL IT equally caters to all in regards to upskilling and building decentralized Web3 ecosystems. Developers are invited to build future-ready DeFi, NFT, and Gaming DApps, with the potential of onboarding new 100 million users onto Web3.

Perks of Participation in BUIDL IT 2021

BUIDL IT contributors would compete across different tracks to claim a winning prize worth over US$100,000.

The tracks open for competing are: 

  1. Best DeFi Project(s)
  2. Best NFT/Gaming Project(s)
  3. Best Tooling 
  4. Best Web3 Integration in a Web2 Product 
  5. Best Tutorials 
  6. Best Community Choice Projects 
  7. Pool Prizes
  8. Special prizes

But, guess what? There are even more potential rewards. The finest projects would also be able to pitch, incubate, and receive venture capital investment from global investors. Receiving incubation and raising $$$ from Sequoia Capital, Sino Global, Elevation Capital, JumpCapital, etc. is possible.

Hackathon Timeline:

  • Registrations Open – 21 Oct 2021
  • Registrations Close – 18 Nov 2021
  • Hackathon Begins – 19 Nov 2021
  • Project Submission Deadline – 12 Dec 2021
  • Results Announced – 19 Dec 2021

How to participate?

Applications are to be submitted via Devfolio. Upon submission completion, the applicant would receive more details pertaining to the hackathon. You can also join the Discord server for the latest hackathon news and on-demand assistance. Applicants can also form a team of maximum 6 members, or can apply individually.