By
Burnt Team
On
November 21st
Category
  • Xion
Tags

XION LAUNCHES BELIEVATHON

Join the online startup competition and create standout consumer-ready applications from Nov 21st to Dec 15th for a shot at winning your share of a $40,000 prize pool and millions in funding opportunities.

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Do you believe in turning bold ideas into reality? XION is calling on entrepreneurs from all over the world to join the Believathon, a fast-paced 3-week online hackathon designed to support the brightest minds in the space as they bring their visionary ideas to life. The Believathon and the subsequent ecosystem growth opportunities are here to support developers in creating the next generation of user-friendly, game-changing projects that redefine the Web3 experience for users globally.

Participate in the online startup competition starting November 21st to December 15th and build innovative, consumer-ready applications on XION for a chance to win a share of the $40,000 prize pool, the opportunity for millions in post-event funding, and exposure to top tier investors from the likes of Multicoin, Figment, Animoca, Spartan and many more.

Believathon Prizes

The Believathon is intended for serious entrepreneurs looking to grow their business idea into a reality, with the opportunity to join XION's incubation program and tap into additional ecosystem support. It will support the next generation of user-friendly Web3 projects launching products utilizing XION’s abstraction stack, with prizes including:

  • Prize Pool: $40,000

    • Best Overall: $8,000

    • Track 1st Place: $5,000

    • Track 2nd Place: $2,500

    • Bonus: Best Mobile Responsiveness: $2,000

  • Millions in pre-seed funding opportunities for select hackathon winners

  • Fast-track access into XION’s upcoming ACCELERAXION program

  • Opportunity to deploy to XION’s mainnet, becoming an early believer in the fast-growing ecosystem.

JOIN THE BELIEVATHON

Tracks

Projects will have the opportunity to submit their applications across multiple tracks, each designed to showcase XION’s versatility and breadth of innovation. 

Pyramid of Faith: Ponzi Scheme

There are different ways to solve the cold start problem, one of them is to hide behind a ponzi. This track is for all projects that recognize that faith & belief might just be precursors to progress.

Confession: ZK & Privacy

This track is for all projects that are building products on XION that utilize zero-knowledge (ZK) technology to improve user experiences, privacy, and produce novel Web3 use-cases.

Esoterism: Consumer, Social, Payments & Creative

This track is an all-encompassing use-case track for projects that utilize XION’s abstractions to create the best consumer-facing user experience for their application.

Communion: Abstracted Interoperability

This track is for projects building applications that tap into XION's cross-chain abstraction infrastructure. These projects will be built on XION and have the ability to interact with connected ecosystems, in addition to enabling users from other ecosystems to easily interact with the application built on XION.

We’ll reward the Best Mobile and TG Mini-App as a special bonus for projects that push the boundaries of mobile responsiveness for their Web3 app. In addition to the themed tracks, there will be one grand prize Best Overall Project —  recognizing the most outstanding project across a variety of criteria from business opportunity, to complexity, and ability to onboard retail users .

Why build on XION?

XION is the first Layer 1 blockchain built for consumer applications, designed to deliver seamless user experiences for everyday users. Its testnet has already garnered over 4 million users and 200+ integrations. With its Chain Abstraction infrastructure, XION simplifies complex crypto user experiences, offering features like protocol-level account abstraction, gasless transactions, signature abstraction, cross-device usage, fiat denominations, and more. 

By removing the barriers of traditional blockchain complexities, XION paves the way for next-generation Web3 projects that will bring decentralized technology to mainstream audiences worldwide. Now is your chance to build the first truly consumer-friendly applications on XION.

XION is betting on the future of Web3, and that means betting on builders who are driven to change the status quo, the true believers in the potential of Web3. We’re committed to giving developers the best shot possible at creating the next generation of products — ones that users will not only rely on but love. By providing the tools, support, and infrastructure needed for seamless, user-friendly experiences, we’re ensuring that the builders of today are ready to lead the way to the dawn of a new age in Web3.

Join the Believathon Today

Register and learn more about the hackathon here.

You should view your project submissions as both a pitch to potential investors as well as an application to XION's upcoming ACCELERAXION program. You should therefore allocate enough time to ensure your presentation is high quality. It is important that you spend time finishing your code as well as your marketing & presentation materials. Entries will be judged on the criteria of originality and creativity, technicality and design, business model and feasibility, usability, use case, and contribution to the XION ecosystem.

Not sure where to start? Check out the following resources: