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Chainlink, the blockchain industry’s go-to oracle provider, has started organizing a new event called the Chainlink Spring 2022 Hackathon. The company also shared an official invitation for everyone to join, as the Hackathon will grant them access to a variety of perks and benefits that Chainlink has to offer.
Chainlink Spring 2022 Hackathon
Chainlink posted its hackathon announcement and an invocation for users to join on its Twitter, saying that those who accept its invitation will gain access to unique benefits, including cutting-edge educational resources, a host of expert-tun workshops, hands-on mentorship, a network of Web3 builders, and more.
Join the #Chainlink Spring 2022 Hackathon to gain access to:
-cutting-edge educational resources
-a host of expert-run workshops
-a network of #Web3 builders
Sign up now👇 https://t.co/Dy1A2N1l3s
— Chainlink (@chainlink) March 29, 2022
The event will start in only a few weeks according to Chainlink’s website announcement, starting on April 22nd, and ending on May 27th. It also noted that this will be the biggest Chainlink hackathon yet, featuring thousands of developers, creators, artists, mentors, and others.
To participate, users will need to register, however, which is something that can also be done on the project’s website. While Chainlink knows that users are aware of how beneficial an event such as this can be, it also listed some of the benefits and reasons to join, including a chance to win rewards from a massive $300k (and growing) prize pool, the opportunity to present your own project in front of venture capitalists, the chance to connect to like-minded community members and devs, and, of course, to increase one’s own knowledge and understanding of modern technologies.
Some things to note about the hackathon
The project also announced the schedule of events that will take place during the hackathon, which is quite a lengthy list, actually. The calendar can be seen on Chainlink’s website, and it definitely seems worth joining. Anyone from anywhere in the world is allowed to register and participate for free, although Chainlink noted that breaking any of the rules may result in the responsible party being denied further access.
It also noted that only projects built at the hackathon are eligible to receive prizes. So any project built before the event or those submitted during the past hackathons will not count. With that said. Chainlink insisted that the teams participating in the event can only consist of up to 5 people, who will then start working on their project once the hackathon opens.
The project also noted that the event will take place online, with the hackathon chat/support taking place on Discord, while the workshops will happen over zoom. The projects themselves will be submitted via Devpost.
Chainlink price on the rise in late March
Like the rest of the market, Chainlink’s price has been rising recently, but due to the fact that it is mirroring the rest of the market rather precisely, it is likely that the growth wasn’t caused by the announcement of the event.
Chainlink currently sits at $17.37, which is a significant improvement over its price from Two weeks ago. On March 15th, the token was at its bottom at $13, but over the last 16 days, it grew to the price where it sits now. Unfortunately, it did not manage to make up for the total loss that it saw this year, given that its highest YTD point was at $28.26.
However, it is worth noting that the project is approaching the resistance at $18, which has been the strongest resistance that held it back since January 22nd.
To learn more visit our Investing in Chainlink guide.
Ali is a freelance writer covering the cryptocurrency markets and the blockchain industry. He has 8 years of experience writing about cryptocurrencies, technology, and trading. His work can be found in various high-profile investment sites including CCN, Capital.com, Bitcoinist, and NewsBTC.