This proposal is requesting approval to allocate 4,500 ATOM (~$50,000) from the Community Pool to make Cosmos Hub the sponsor of the Game of NFTs (GoN) Phase 2 Hackathon and cover the prizes for Interchain Challenge winners.
Benefits to the Hub
As a primary sponsor of the GoN Phase 2 Hackathon, the Cosmos Hub will be able to define a dedicated challenge, discover projects, select and reward winners.
For the Hub's track, it would be exciting to see something built that combines Interchain NFTs with Interchain Security and maximizes the capability of IBC. Some rough ideas are as follows:
We are hopeful that the hundreds of participants, the creativity and talent of the community, and the lucrative rewards for winners will result in opportunities that help grow Phase 2 submissions into viable products that add value to the ATOM economic zone.
If governance approves this sponsorship, the Cosmos Hub core team will support the hackathon by assisting with the formation of the challenge, and providing a judge and developer support (in relation to using Replicated Security).
Reward Details
The prize pool of Cosmos Hub challenge will be:
If this proposal passes, there will be a Cosmos Hub judge team which will award prizes in accordance with criteria outlined in the challenge. Any surplus will be returned to the community pool.
Multisig Committee is:
Multisig address: cosmos1zgzegs68vwedup5ujsp67azhfgkcl8838k0u8g
Full details: https://forum.cosmos.network/t/proposal-draft-make-cosmos-hub-the-sponsor-of-game-of-nfts-phase-2-hackathon/10218