The L2 Rollathon Lead Sponsors Showcase May 2nd, 2022 – May 22, 2022 Metis, Protocol Labs, Meter & Ledger, join Gitcoin as Lead Sponsors for the L2 Rollathon! Gitcoin has come together with key organizations in the L2 ecosystem – Metis, Protocol Labs, Meter, and Ledger – on a mission to engage, onboard, and educate participants on scaling protocols and tooling to create the future of web3. Layer 2 solutions are the future of Ethereum! L2’s have great potential to…
Metis, Protocol Labs, Meter & Ledger, join Gitcoin as Lead Sponsors for the L2 Rollathon!
Gitcoin has come together with key organizations in the L2 ecosystem – Metis, Protocol Labs, Meter, and Ledger – on a mission to engage, onboard, and educate participants on scaling protocols and tooling to create the future of web3.
Layer 2 solutions are the future of Ethereum! L2’s have great potential to change the blockchain landscape for the better, by ensuring that users maintain all the safety measures used on the Ethereum Mainnet while still being able to transact quickly and at little to no cost for users.
Metis is a decentralized economy platform to start, run, and grow any decentralized app, business, and community on the blockchain with ease and scalability. The vision and mission of the company are to accelerate the transition of people to blockchain for open, fair, and decentralized business on Web 3.0 while creating an easy-to-use technical and organizational platform, making blockchain accessible to everyone, empowering both personal and professional lives.
On April 12, 2022, Metis integrated a storage layer benefitting its rollup structure. Metis is now leading the L2 industry with the lowest gas costs of all L2s, while maintaining high security and data availability.
Through Metis’s leading innovation and upgrade, gas costs on Metis have witnessed significant reductions from around $2-$3 just a few months ago to current costs of $0.02 and $0.14 per swap (Source: L2fees.info). Metis is now the only L2 to meet Vitalik Buterin’s “truly acceptable” threshold of under $0.05 fee transactions.
By integrating a distributed storage layer with a rollup structure, Metis is leading L2 innovation by achieving low costs while maintaining high security and data availability. Metis encourages other L2s to fork Metis’s open-source code to continue building a web3 world more accessible for all. Through a collaborative effort, the L2 industry will better evolve and succeed together.
Find out more here!
Metis is offering a total of $5000 USDC in prizes to projects that make the best use of the Metis network in building:
The bounty prize will be awarded to the individual/team with the most usable, utility-based web3 application, with a preferred interest in DAOs, governance, or automation tooling.
Skills and knowledge required to work on the Metis bounties: experience with Web3 apps, DeFi, NFTs, DAOs.
Sign up and navigate to the prize pool page for more details on the bounty.
Submissions for Metis bounties will be judged according to the following criteria: Vision, Improved functionality/efficiency, Open-source code, and Impact.
To participate and show off your developer skills, simply do the following:
Submissions for Metis bounties will be judged according to the following criteria: Vision, Improved functionality/efficiency, Open-source code, and Impact.
Website | Twitter | Instagram | Facebook | Github | Reddit | Discord
Protocol Labs is an open-source research, development, and deployment laboratory for network protocols where some of the projects include IPFS, Filecoin, libp2p, IPLD, Coinlist, SAFT, and more.
IPFS –IPFS is a peer-to-peer network and protocol designed to make the web faster, safer, and more open. IPFS upgrades the web to work peer to peer, addressing data by what it is instead of where it’s located on the network, or who is hosting it.
Filecoin, the world’s largest decentralized network, allows users to store, request, and transfer data via a verifiable marketplace. Filecoin is completely open-source, enabling people from all over the world to participate. The Filecoin protocol runs on a combination of Proof of Spacetime (PoSt) and Proof of Replication (PoRep), to provide unmatched efficiency and reliability.
Protocol Labs aims to make human existence orders of magnitude better through technology. The mission is to improve the internet and computing by creating groundbreaking protocols and speeding up the pipeline from ideas on paper to users’ hands.
IPFS & Filecoin – Bounties & Prizes
Protocol Labs through IPFS & Filecoin is offering a total of $29,500 USD in Fil in prizes to projects that make the best use of IPFS and/or Filecoin in building:
Skills and knowledge required to work on the Protocol Labs bounties: IPFS, Filecoin, Web3.storage, NFT.storage, Decentralized storage.
Submissions for Protocol Labs bounties will be judged according to the following criteria: Design, Novelty/Originality, Technical Accomplishment, Potential Impact, Creativity/Fun/Wow-Factor
Sign up and navigate to the prize pool page for more details on each specific bounty.
To participate and show off your developer skills, simply do the following:
Website | Twitter | Youtube | Github
Meter is a high-performance blockchain infrastructure that scales and connects the financial internet.
The Layer 1 blockchain powered by its HotStuff consensus engine positions Meter as one of the most decentralized and fastest Ethereum sidechain scaling solutions. Meter can process 1000s of transactions per second while ensuring, frontrunning resistance, instant finality, and stable, low gas cost. Meter SDK provides an interoperable Ethereum scaling framework to build an application-specific sidechain/parallel chain network.
Meter is a dual token economy – a PoS governance token MTRG securing the ledger and a PoW-based metastable gas currency MTR that aims to complete Satoshi’s original vision to create sound money independent of fiat currencies.
Meter – Bounties & Prizes
Meter is offering over $25K+ in MTRG in prizes to projects that make the best use of the Meter Network in building or integrating:
Skills and knowledge required to work on the Meter bounties: Defi, Solidity, Game, Dapp, RPC, Ledger.
Submissions for Meter bounties will be judged according to the following critera: Execution, Impact, Design, Creativity, and Utility.
Sign up and navigate to the prize pool page for more details on each specific bounty.
To participate and show off your developer skills, simply do the following:
Website | Twitter | Telegram | Youtube | Discord | Reddit | Github
Ledger is a unique digital security ecosystem that provides protection and is built on verifiable trust across people, hardware, and software. And in today’s world, trust deserves proof. This is why Ledger provides transparency into how its technology works.
Ledger provides industry-leading security, which aims to protect financial assets like cryptocurrencies, or Initial Coin Offerings (ICOs), Data assets like sensors, Internet of Things (IoT) devices or machine to machine, and Digital identities like second-factor authentication or password-less login.
Website | Twitter | Instagram | Youtube | Facebook | Discord | Github | Reddit
If you’re interested in working with Gitcoin to host a hackathon, run a grants round for your open source community, or a similar event, we’d love to hear from you! Feel free to set up an intro call with the team at https://cal.com/team/gitcoinevents