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Metaverse Alliance Launches Metathon for Devs and Degens with USD 50 million in Prize and Seed Funding

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

Metaverse Alliance has announced the launch of its online Metaverse Hackathon (Metathon) for all Metaverse enthusiasts around the world. The Metaverse Alliance team believes that the Metaverse will create long-term value in the future and that both real and virtual worlds will exist in parallel with few boundaries.

Details about the Metathon

The Metaverse Alliance has cooperated with leading funds such as Republic, Delphi Digital, LD Capital, YGG, HashKey Capital, IOSG, Binance Labs, Huobi Ventures, OKEx Blockdream Ventures, KuCoin Labs, MEXC Pioneer, DHVC, D1 Ventures, Maven Capital, Kardiachain and more (Find out more: https://metaversealliance.com/), top tier public chains such as Solana, Avalanche, Flow, Neo, Klaytn, Multiverse, active DAOs, experienced crypto experts and project founders that have already made their mark in the crypto space. They will also be joining forces with leading artists to design amazing and limited-edition identity nonfungible tokens (NFTs). Registration for the Metathon and submission runs from December 1, 2021 to January 3, 2022, while the preliminary judging is scheduled for January 4, 2022 to January 7, 2022.

The finalists will be announced on January 8, 2022, while the preparation and submission for the final will run from January 9, 2022 to January 15, 2022. Also, the final judging will be from January 16, 2022 to January 20, 2022. The winners will be announced on January 21, 2022. 

Five themes of the Metathon

  • Metaverse infrastructure
    • The Metaverse infrastructure track includes specific topics such as decentralized identity, productive tooling and cross-chain transfer of NFT/FT assets, etc.
  • GameFi
    • This includes any and all kinds of GameFi projects.
  • DAO tool
    • The manual management of DAO assets is grossly inefficient and untransparent, and current DAO tools have relatively high barriers and are not user-friendly.
  • SocialFi
    • This involves high-quality, on-chain content sharing.
  • Financial NFT
    • The use of NFT specialties to generate more flexible financial products.

The Metathon Prize

There is USD 410,000 in the prize pool, and the winner of each of the five themes will walk away with USD 25,000. The second and third runner-up for each theme will also go home with USD 15,000 and USD 10,000, respectively. The most creative project will receive prize money of USD 8,000, while the most promising project will receive USD 8,000. Also, the most popular project will be rewarded with USD 10,000, while USD 8,000 goes to the best tech project. The best design project and best prospect project will receive USD 8,000, each.

There will also be “sponsor grant” prizes worth USD 110,000, which are distributed as follows:

Klatyn sponsorship grant of USD 50,000

Cradles sponsorship grant of USD 40,000

NEO sponsorship grant of USD 10,000

Multiverse sponsorship grant of USD 10,000.

Eligible participants

The Metathon is open to developers, entrepreneurs and teams from across the globe. All participants must be at least 18 years of age. Although participants can submit projects individually, they are encouraged to do so as a team (3–5 members is ideal). To be officially eligible for the prize giveaway, all team members must provide their CVs as Metathon participants. None of the Metathon organizers or their family members will be allowed to participate. To apply, visit the Metaverse Alliance official website for more details and requirements.

About Metaverse Alliance

Metaverse Alliance is a team of Metaverse enthusiasts and blockchain believers. They are on an adventure to explore the infinite possibilities of the Metaverse, and they seek to bring all enthusiasts together. They want to support promising Metaverse projects even if the idea is yet to fully take shape.

Social Links: 

Website: https://Metaversealliance.com/

Twitter: https://twitter.com/MetaAlliance_

Medium: https://medium.com/@MetaverseAlliance

Discord: discord.gg/nzRuau6xwa

Telegram: https://t.me/Metaverse_alliance1

Media Contact

Company Name: Metaverse Alliance

Contact Person: Sona, co-founder

E-mail : [email protected]

SOURCE: Metaverse Alliance

Disclaimer: The text above is an advertorial article that is not part of Cryptonews.com editorial content.