Hackathon Continuation Program
AI summary
This proposal seeks to launch a "Hackathon Continuation Program" to support promising projects that emerged from the recent Arbitrum CollabTech Hackathon. RnDAO, a decentralized autonomous organization, proposes to co-fund this 6-month program with Arbitrum. The program aims to help 4 selected hackathon teams develop their Proof-of-Concepts (PoCs) into Minimum Viable Products (MVPs) and gain their first 100 users through systematic customer validation and mentorship.
If passed, Arbitrum will allocate funds to support up to 4 teams from the hackathon, providing initial grants of up to $12,000 per team in Phase 1, and an additional $38,000 to the top 2 teams in Phase 2. This initiative aims to foster the growth of projects within the Arbitrum ecosystem, potentially leading to new applications and increased network activity. The direct beneficiaries are the selected hackathon teams, while the Arbitrum ecosystem could benefit from new, validated projects.
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1. Introduction
A few months ago, Arbitrum funded the Arbitrum CollabTech Hackathon through Questbook. This month-long event has just ended, having gathered great talent and energy.
We’ve got
- 164 applications and 144 participants
- 20 projects submitted
- 15 finalist projects built on Arbitrum.
- 3 winners having built a narrowly focused PoCs
We’ve created a funnel for builders on Arbitrum and we want to sustain this momentum. However, without support, the teams will soon seek opportunities elsewhere. Que…