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Innovation Challenge Spark Hackathon Launched on Telos EVM

The community backing any project is always in a quest of opportunities to showcase their talent and passion on a platform and make some improvements. Telos EVM has recently made an announcement regarding the launch of its very first Telos EVM Hackathons. 

Telos EVM is a non-Ethereum Fork and is the most robust EVM created till now with extreme efficiency. It insulates all the trades associated with Decentralized Finance and NFTs. 

Telos Blockchain is a third generation completely decentralized, ESG compliant layer 1 blockchain. It is well-known for executing transactions at the fastest speeds while using less than 0.000002 kWh of energy.

This Spark Hackathon will be offering Solidity developers across the globe an opportunity to show their skills and compete for TLOS. Talking about TLOS, it is considered one of the most utility-rich crypto coins in blockchain. As a token of encouragement, more than 180,000 TLOS will be given away in prizes for their efforts.

If you are a developer and feel you have the potential to bring some innovation, the Hackathon registration is now open so that you can innovate, create, and deploy solutions on the most sturdy Ethereum Virtual Machine, the tEVM. 

However, it should be noted that you need to be prepared to show what your strategies and solutions are to unleash the complete potential of Web 3.0. The Telos Spark started on February 7, 2022, and will be concluding by March 6, 2022. As per the revelations made from the officials, the winners will be announced on March 14, 2022.

About the Hackathon

Telos has intentions to welcome all the developers on the Ethereum blockchain to come with their best tools and apps to the Telos EVM, tEVM. In the statement released, it was revealed that the team has worked attentively to develop the tEVM from non-Ethereum Fork. This was done in order to dodge the negative aspects of all other existing EVMs.

We must emphasize that tEVM is incredibly fast, charges significantly low gas fees, and ensures that the decentralized applications can scale without any hindrance. The participation from the developers on the Ethereum blockchain is expected to be contributing to the users associated with Telos.

What Can You Build?

Be it the DeFi or DEX innovation, or any P-2-E fork/concept, this platform has opened doors for creation of a variety of dApps or Forks applications. You can build staking and lending contracts, innovative NFT Minting contracts, Ethereum name service fork, and MultiSig tools and vaults.

In addition to this, it should be noted that you can build EVM tools to improve the UI or Backend like snapshots, airdrops, charts, and statistics.

Telos Partnered Taikai to Facilitate Solidity Contracts Seamlessly

It was also revealed in the announcement that Telos has recently partnered with a dApp specializing in creating streamlined and highly organized hackathons, Taikai. They will also be launching a Mentor Support Team to ease the process of deployment.

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