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Gitcoin Virtual Hackathon

Arweave Open Web Incubator

Jul 1, 2020 - Aug 12, 2020

Rules and Criteria


The Open Web Incubator is a six-week-long online incubation programme endowed with an investment pool of $100,000 to be invested in PST-backed permaweb apps.

During the course of the programme, participants will have the opportunity to:

  • Join masterclasses delivered by industry experts on everything from developing your go-to-market strategies to pitching techniques.
  • Pitch to world-renowned investment firms such as Andreessen Horowitz, Union Square Ventures, Multicoin Capital, and 1kx and possibly receive additional investments. 
  • Direct technical support from the Arweave core team.
  • Participate in exclusive community events and discussion forums.

Participants are encouraged to create engaging, user-centric applications on the Arweave network, integrating Arweave’s profit-sharing token (PST) technology. PSTs are a fundamentally new way of incentivizing founders to build web services. Integrating a PST enables devs to earn a stream of micro-dividends from the usage of their permaweb app, as well as to sell access to these futures profits to interested investors. If you’d like to read more about how PSTs work, you can find out here


Idea to Market in just six weeks

The aim of the programme is to guide you from the seed of your initial idea into a fully-fledged, revenue-generating permaweb app. Along the way we will help connect you with high-quality mentors and the best advice on building web apps that gain major traction. After you have built, launched, and demoed your permaweb app, we will consider it for funding from our $100,000 investment pool. Through the incubator’s demo day we will also connect you with other interested parties that may want to purchase part of your profit sharing token.

As well as hacking, each week of the incubation period includes a mixture of masterclasses, workshops, community events, and investor feedback, all culminating in a Demo Day on week six where projects will pitch to potential investors. A week later, the top projects will be announced together with the investments they have secured so far.


Resources


You can find the docs for getting started deploying your first permaweb app here.

The docs for the JS library that allows you to read from and write to the permaweb are here.

We’re providing some free tokens so you can get started building and deploying - grab your wallet here. For guidance on how to use the Chrome web extension wallet, check out this user guide.

Our blog post about profit sharing tokens can be found here, and our post on SmartWeave can be found here

A guide for spinning up your SmartWeave PST can be found here.

If you need technical support, join our developers’ Discord here where core Arweave team members and community members can offer you guidance. 


Rules


Successful submissions will meet the following criteria:
  • Apps must be open source, with the full source code available on Github or another open code hosting repository. Feel free to use whatever OSS licence you prefer.
  • Your application must incorporate a profit sharing token, the owners of which receive royalties from usage of the app.
  • Your submission must include a link to a live, functioning, and running instance of the app itself, as well as a link to the repository it is stored within. It must also be published to ArweaveApps (see the submission process below).
  • All applicants must join our Discord Dev server and share your submission in the #on-the-arweave channel upon completion.

Investment details

The investment pool of $100,000 will be split amongst the top projects as chosen by the core Arweave team, taking feedback from expert judges from Andreesen Horowitz, Union Square Ventures, 1kx, and Multicoin Capital. This investment will be made in exchange for an amount of the top apps’ profit sharing tokens (PSTs), to be defined in negotiation with the submitting individual or team following the incubator programme.


Masterclass links:

Go-To-Market Strategies Masterclass #1 - Watch Here

Community Hangout: Monday July 6th, 12 pm ET - Watch Here

Masterclass #2 w/ Sebastian: Thursday July 9th, 12:30 pm ET - Watch Here

Investor Sneak Peak: TBA

How does the Hackathon work?

bounty explorer
Check out the Prizes

Visit the Prize Explorer to check out the prizes posted by our hackathon sponsors. Click each prize to show important details, including the submission requirements, submission deadline, etc.

express interest
Join the Hackathons Chat Workspace

Chat with other hackers, ask sponsors and the Gitcoin team questions, find or create a team, and communicate real-time. Click here to join the party!.

bounty explorer
Start Work via Gitcoin

When your team is formed please have one of your teammates navigate to each prize page you plan to compete for and click the “Start Work” button.

express interest
BUIDL!

Build your cool ideas and make your vision come true with your team!

bounty explorer
Submit Work via Gitcoin

When your project is completed, submit your work by clicking the “Submit Work” button on the prize page/