Overview:
This month-long hackathon aims to propel the growth of promising projects built on the Allo protocol by Allo Capital. With a prize pool ranging from $100K to $200K, the event will provide an exclusive platform for teams to advance existing projects like Gardens, Grant Ships, Allo Yeeter, Flowstate, Karma Gap, Allo OS, and Allo IRL. The hackathon is designed to foster innovation, streamline user experiences, and integrate allocation tools to build scalable solutions.
Objectives:
- Accelerate Development: Speedrun the evolution of Allo protocol projects through focused, high-intensity development.
- Promote Integration: Encourage teams to connect and integrate various tools, creating seamless flows and simplifying the user experience, so that users no longer need to worry about the complexities of web3.
- Validate Product Ideas: Leverage the expertise of Allo Capital core team, DAO leaders, and VC funders to quickly validate and refine product ideas.
- Discover Talent: Identify and collaborate with top-tier builders who could become long-term partners for further development and funding.
Eligibility and Structure:
- Team Composition: Each competing team must consist of a least 4 members with a maximum 7.
- Selection Process: Only 12 teams will be selected to compete, ensuring a highly focused and elite competition.
- Duration: The hackathon will last for one month, providing a dedicated timeframe to iterate and develop prototypes.
- Judging Panel: Evaluation will be carried out by the Allo Capital core team, prominent DAO leaders, and Allo VC funders.
Incentives:
- For Builders:
- Access early on to Allo Capital’s ecosystem, potentially leading to further project funding.
- Compete for prize money between $100K to $200K.
- Opportunity to receive Allo tokens in a future airdrop.
- For Allo Capital:
- Rapid advancement and refinement of allocation tools.
- Discover and collaborate with high-caliber builders.
- Validate diverse product ideas quickly and at a lower cost.
- For Existing Projects:
- Gain access to fresh talent and innovative solutions to accelerate product development.
- Improve scalability and overall performance with minimal resource expenditure.
Core Themes:
- Integration & Connectivity: Develop solutions that connect and integrate various tools, creating smoother and more efficient flows.
- Simplification of User Experience: Abstract the underlying complexity of web3, ensuring a user-friendly experience.
- Advancement of Allocation Tools: Enhance and refine existing allocation tools, driving innovation and scalability.
Conclusion:
The Allothon is positioned to be a transformative event that not only rewards innovative solutions but also accelerates the development of scalable, user-friendly products within the Allo Capital ecosystem. By bringing together talented teams and expert judges, this hackathon will serve as a catalyst for further growth and innovation in the space.