æLabs Announces Global Code Challenge with $50,000 in Prizes

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Summary

By participating in the DAO-Fi Fusion Code Challenge, developers can get an exciting opportunity to showcase their skills and creativity by building innovative and useful solutions using the functional Smart Contract language Sophia on the æternity blockchain. æternity is where freedom meets innovation, and we’re looking forward to seeing what innovations emerge from what is shaping up to be a great hackathon.” æternity was built from scratch in Erlang and ships its own unique Virtual Machine (FATE VM) that executes smart contracts with almost zero gas fees. Hackers looking to enter the coding challenge should ideally consider DeFi aspects (e.g. treasury management) and allow their smart contracts to enforce decisions (e.g. payouts) on-chain. Developers from all over the globe are encouraged to contribute to this emerging space and help shape the future of decentralized finance and organizations. To learn more or join the hackathon, visit the DAO-Fi Fusion Code Challenge landing page.

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