BSC x HackerLink Grant Application and Voting

DoraHacks is the leading global hackathon community and open source developer incentive platform. DoraHacks provides toolkits for anyone to organize hackathons and fund early-stage ecosystem startups.DoraHacks creates a global hacker movement in Web3, AI, Quantum Computing and Space Tech. So far, more than 30,000 startup teams from the DoraHacks community have received over $300M in funding, and a large number of open source communities, companies and tech ecosystems are actively using DoraHacks together with its BUIDL AI capabilities for organizing hackathons and funding open source initiatives.

DoraHacks

BSC Grant (Round 1) Now Open for Application and Voting

Chicago

Binance Smart Chain (BSC) has launched the first $50,000 Quadratic Funding Grant round on DoraHacks&#x27; blockchain developer platform <a href="https://hackerlink.io/en/grant" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">HackerLink.io</a>. The program encourages and supports early-stage developer projects building next-generation decentralized protocols and applications.<h3>The funding mechanism includes two grant pools:
</h3>1. Direct donations from community contributors.

Distribution of the matching pool will be determined by quadratic voting results from all community contributors. All community contributors will have a direct impact on the allocation of the $50,000 prize pool.

2. A $50,000 matching prize pool* donated by Binance Smart Chain Foundation.

(* The $50,000 matching prize will be issued in the form of BNB equivalent. Once the exchange is confirmed, we will inform you of the exchange rate for the day.)
Project submission and voting time starts on January 20, 2021, and will end on March 10, 2021.You can submit projects and vote via <a href="https://hackerlink.io/en/grant" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Hackerlink.io/en/grant.</a>

<h3>How to apply?
</h3>Developers from all over the world can submit new projects based on BSC via <a href="https://hackerlink.io/en/grant" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">HackerLink </a>to apply for the BSC grant funding. For more details of the application, please<a href="https://hidorahacks.medium.com/bsc-grant-application-guidelines-e2338abe65dd" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer"> check this page.
</a><h3><a href="https://hidorahacks.medium.com/bsc-grant-application-guidelines-e2338abe65dd" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">
</a>Who decides the allocation of the grant?
</h3>Community contributors can vote for projects using MetaMask and Wallet Connect on<a href="https://hackerlink.io/en/grant" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer"> HackerLink</a>. The distribution will be determined by quadratic voting results from contributors. Contributors can also track votes and view fund matching results in real-time via the<a href="https://hackerlink.io/en/grant/1" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer"> Grant leaderboard</a>. All community contributors will have a direct impact on the allocation of the $50,000 prize pool.
Each contributor will receive an NFT to acknowledge their contribution after the round ends.

---

&quot;We are excited to kick off a series of Grants and hackathons to encourage the developer community to build the next generation of DeFi and dApps,&quot; says Changpeng Zhao (CZ), CEO of Binance. &quot;We believe more innovative ideas will be piloted on BSC in 2021. The developer community is the core of innovation and we plan to nourish it with more developer programs&quot;.
&quot;On-chain governance is an important component of every major public chain ecosystem. Quadratic funding is an effective way to engage the community to support new ideas and early-stage projects built by developers without a limit of time and space.&quot;Says Jiannan Zhang, Founder of Dorahacks.

<h3>What is Quadratic Funding? How does it work?
</h3>
Quadratic Funding Grant is inspired by Vitalik Buterin and GitCoin&#x27;s early practice on the <a href="https://vitalik.ca/general/2019/12/07/quadratic.html" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Quadratic Funding Mechanism</a> to fund public goods in the Ethereum ecosystem. The funding mechanism includes two grant pools:
A. Direct donations from community contributors

B. A matching prize pool from sponsors

Individual community contributors can vote for their preferred projects to push them ahead in the funding round. The votes cost BNBs, which are directly donated to the respective projects after the round.

With a quadratic funding algorithm, the cost of each vote to a single project from a single contributor will increase, this encourages community contributors to donate to more projects.

To know more about quadratic voting, you can check the <a href="https://vitalik.ca/general/2019/12/07/quadratic.html" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Quadratic Funding algorithm </a>by VItalik Buterin.

If you have any questions, please join the customer service telegram group <a href="https://t.me/DORAHACKS_1" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">here</a>. Or contact us in<a href="https://discord.com/invite/9jsQJrfP5G" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer"> Discord</a>. We would like to hear more from you and let&#x27;s keep in touch!

Please subscribe to our <a href="https://hidorahacks.medium.com/" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Medium</a>, <a href="https://t.me/DORAHACKS_1" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Telegram</a>, <a href="https://twitter.com/DoraHacks" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Twitter</a>, <a href="https://www.youtube.com/channel/UCAqmYPMF3DLqcW-paT9i89Q" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Youtube channel </a>for more information.

<h3>About Binance Smart Chain
</h3>Binance Smart Chain is a sovereign smart contract blockchain delivering Ethereum Virtual Machine (EVM) compatible programmability. Designed to run in parallel with Binance Chain, Binance Smart Chain retains the former&#x27;s fast execution times and low transaction fees while adding Smart Contracts functionality to support compatible dApps.

For more information on Binance Smart Chain, please visit <a href="https://www.binance.org/en#smartChain" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">https://www.binance.org/#smartChain.
</a>
<a href="https://docs.binance.org/" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Docs</a> |<a href="https://www.binance.org/en/blog/" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer"> Blog </a>| <a href="https://github.com/binance-chain/" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">GitHub</a> |<a href="https://t.me/joinchat/IuVfSlYWC5seijz6a0Bjww" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer"> Telegram</a> |<a href="https://twitter.com/binancechain" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer"> Twitter</a> | <a href="https://www.binance.org/en/blog/open-registration-for-buidl-reward-program/" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">BUIDL Reward Program </a>|<a href="https://www.binance.com/en/support/announcement/c4881a04c12c457ca2709d42fdb2c817" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer"> BSC Accelerator Fund
</a>
<h3>About Dorahacks
</h3>DoraHacks is a decentralized global developer community, hackathon organizer, and venture builder. DoraHacks&#x27; blockchain developer platform HackerLink.io provides tools to incentivize and foster open-source blockchain development, such as grants, bounties, BUIDLs, and hackathons.

For more information on Dorahacks, please visit our <a href="https://hackerlink.io/en" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">website</a>.
<a href="https://hidorahacks.medium.com/" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">
Medium</a> | <a href="https://t.me/DORAHACKS_1" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Telegram</a> | <a href="https://twitter.com/DoraHacks" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Twitter </a>| <a href="https://www.youtube.com/channel/UCAqmYPMF3DLqcW-paT9i89Q" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Youtube channel</a>

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BSC x HackerLink Grant Application and Voting

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