Developers Forum for XinFin XDC Network: Supersnips

GDCE DeFi Hackathon Winners!

Supersnips — Mon, 06 Feb 2023 12:36:18 +0000

Overview

🚀 The GDCE DeFi hackathon was a huge success! 🎉 A wide variety of projects were submitted for consideration, and the winners of the hackathon are listed at the end of this article. The XDC GDCE (Governance Developer Community Europe) organized the DeFi hackathon in cooperation with Devpost and Partnership with Globiance.
We offered the participants to apply for the Globiance launchpad.
A lot of projects took the chance and applied!
The Hackathon had a great turnout and received over 65+ submissions. From over 500+ Participants just for the XDC Network! _
The focus of the hackathon was to expand projects and teams building on XDC and provide more exposure to professionals outside of XDC Network.
From October 11, 2022 until – December 19, 2022.

follow @GDCE_Official on Twitter and don't miss any updates!

Judges

At GDCE, we recognize the importance of reaching beyond our current network and collaborating with individuals and projects outside of the XDC Ecosystem.
This will only increase our exposure and also drive growth and sustainability in the long run.

We are honored to have a distinguished group of hackathon judges who bring a vast amount of expertise and valuable insights to the evaluation process.
These judges have selflessly donated their time and effort to assess the projects and offer new possibilities to teams working on the XDC Network.

Their contribution is invaluable and we believe it will greatly impact the success of our mission.
On behalf of the entire GDCE team, we extend our sincere appreciation to these exceptional judges for their unwavering support.

Can Inac : XDC _GDCE_ Director
Amine Echtati : Founder Elit web3 Solutions
Prakhar Srivastav : Senior Software Engineer at Google
AB Rehman: Co-Founder & CTO at Better Logics, DEX Expert

Winners

🚀 The winners of the hackathon are as follows:

DeFi - Stablecoin backed by XDC:
1st Place: XSyn Protocol - Synthetic Assets Issuance/Trading Protocol 🏆
2nd Place: xDAI Stablecoin 🥈

Ported dApp:
1st Place: Nomis <> XDC 🏆
2nd Place: BlockFreight - XDC Blockchain parcel tracking 🥈

Dex (Decentralized Exchange):
1st Place: GreenDEX 🏆
2nd Place: XDC-Fi 🥈

Globiance Launchpad:
TheBlockchain.Land 🎇

Honorable Mention:
NEFTME – From people to people. 🏅
AtomX 🏅
XRC-Swap 🏅
XDCSwap 🏅
Cupcake DEX 🏅
XDAO 🏅
Atomizer 🏅
XDUSD 🏅
Watermonitor 🏅
Soul 🏅
XDCFlow 🏅

Categories and Bounties:

🏆 Prizes ($59,250 USD Total): 🏆
Prizes and awards to be distributed after winner verification based on the highest combined rating of judges.

Dex (Decentralized Exchange)
✨ $22,500 in total in XDC ✨

DeFi - Stablecoin backed by XDC
✨$14,000 in total in XDC ✨

Ported dApp
✨ $10,000 in total XDC ✨

Honorable Mention (11)
✨$11,000 in total in XDC✨

Developer Forum MVP
✨$1,750 in XDC✨

Globiance Launchpad
✨ $2,000 in XDC ✨
Requires you to identify interest and intent for the Globiance Launchpad in your submission

Project Gallery:

GDCE DeFi Hackathon Project Gallery

The prize pool for the hackathon was $59,250 in cryptocurrency, with the first place winners in each category receiving the largest share of the prize.
It was truly inspiring to see the innovation and creativity that the participating teams brought to the table, and we look forward to seeing their projects continue to evolve and grow in the future.
The XDC Network Governance Developer Community Europe DeFi Hackathon had a great turnout and received over 65+ submissions. From over 500+ Participants! Submissions were evaluated for minimum requirements and the project pool was reduced to 44 for official judging.

🚀 Now let's take a closer look at the winning projects:

XSyn Protocol: XSyn Protocol is a crypto-backed synthetic asset platform built on XDC Network. It is a multi-token system, powered by XDC and PLI. XDC/PLI holders can stake XDC or PLI to mint XDUSD(crypto-backed stablecoin).
Minted XDUSD tokens can be swapped against an ever-growing list of Synthetix Assets/commodities via Smart Contract. Currently, the protocol is deployed in Apothem and can be taken soon to MAINNET. Prices are committed on the chain by a trusted oracle provided by Plugin(@Goplugin).

Nomis <> XDC: Nomis is an open-source protocol that helps developers build better DeFi solutions and experiences. Every lending/borrowing platform will be able to provide its end-users with extremely customized initial lending terms for borrowers by using Nomis API.

Nomis is designed to be a multi/cross-chain solution to offer the most robust financial snapshot of a potential borrower by hiring hierarchy analysis as a scoring method.

Nomis will help XinFin to grow its TVL, MAU (as a result of the acquisition of mainstream borrowers), MAD, # of on-chain use cases (as a result of the opportunity provided to develop new DeFi solutions on-top of the Nomis open-source protocol).

BlockFreight - XDC Blockchain parcel tracking: Blockfreight is a XDC blockchain product tracking platform for any parcel.
Generate unique blockchain-backed QR codes that can either be presented or placed on the cargo of interest.
Built for the XDC Defi 2022 hackathon.
Supports both testnet and mainnet contract deployments.

Demo video: https://youtu.be/kPAAVL1GLqo

Deployed with mainnet here url: https://blockfreight.surge.sh/create

GreenDEX: GreenDEX is the fastest, most secure, most reliable, and most decentralized exchange (DEX), built on the Ethereum, Tron, Binance Smart Chain and etc. GreenDEX mimics a centralized exchange experience, but enables traders to conduct exchanges directly from their respective wallets instead of through an intermediary.

XDC-Fi: XDC is a network for finance , and we have built defi tools to take XDC a level up in category of DeFi. We have also built a collection of smart-contracts as npm package that would be helpful for anyone who wants to build on top of XDC-Chain.
What it does:
XDC-Dex gives offers a varity of DeFi features for your daily use built on top of XDC-Chain.

TheBlockchain.Land: The love of playing long term strategy games. TheBlockchain.Land will be a fun way for people to play a long term trading game, a Play2Earn&Learn game that has resource management and land development features, and opportunities to explore for new lands. Millions of people, maybe billions love playing games with others, and games like Settlers of Catan and Ages of Empires have loyal fan bases.
What it does:
Our Proof on Concept and v1 of TheBlockchain.Land leverages existing Globiance DEX for trading resources like WOOD, ROCK, CLAY, FISH, and WOOL. We are finishing up some smart contracts for minting in game assets(NFTs) using these resource tokens, and working on wallet connections on the game dashboard in coming update.

NEFTME – From people to people: NEFTME is a social network App, based on the new “Connection Economy” concept, of an ecosystem built on trust, value, and reciprocity, where all users can monetize their content, as well as CHALLENGE each other in exchange for tokens, that can be swapped for money! Users will be able to do HIDDEN challenges, where only users involved can see the challenge, as well as challenge people “around”, based on location services.

AtomX: We inspired by idea of atomic swap. Atomic swap is a great way of decentralized p2p crypto swap. It's safe, no locks of assets by 3rd part, just contracts and UI. This idea is not realised in crypto space yet and our aim is to bring this idea into life! The Xinfin network is one of the most cheap and fast networks, so it is the best chain to start on. This also will help to bring assets into Xinfin network without centralized bridges!
What it does:
Atomic swaps are automated, self-enforcing cryptocurrency exchange contracts that allow cryptocurrencies to be traded peer-to-peer without the need for a trusted third party. 2 sides are able to create transactions on different EVM blockchains and swap assets without third party.

XRC-Swap: XRC Swap is a decentralized protocol for automated token exchange on XDC. It allows users to easily swap between XRC20 tokens, as well as providing liquidity to other projects and protocols.
What it does:
The inspiration for XRC Swap was to create an automated, trustless, and permissionless system that allows users to exchange tokens in a secure and transparent manner. We wanted to create a system that would make it easier for users to access liquidity and trade in a secure and private environment.

XDCSwap: XDCSwap enables anyone from anywhere in the globe to purchase and sell cryptocurrencies immediately using XDC Network.
XDCSwap will contribute to the projects being build on the XDC Network by providing them with the funds as decided by the community.
It does not discriminate anyone and will be open to everyone.
XLP Token can be earned by providing liquidity and earning a steady passive income.

Cupcake DEX: The project is a decentralized exchange built from scratch following the Uniswap v2 whitepaper. The DEX is optimized for swapping. Compared to Uniswap v2 swaps which typically cost 110K gas per swap(3-41% gas efficiency). The DEX uses a single main contract address to store all tokens and does not require a router contract. All XRC20 or native tokens must be paired with the CUPEX token in order to be swapped and the DEX offers a simple and convenient interface for that. The DEX code is well-commented and is licensed under the MIT license, allowing for continued development by anyone interested in this project.

Atomizer: Atomizer allows anyone to stake collateral in XDC or USD, then they can leave it there so anyone can borrow it, or they can use it to take an over-collateralized loan backed by that collateral. The loan can also be in XDC or USD. The threshold is set to 70%. If the collateral ratio falls under 70%, anyone can call a function and liquidate that position in order to retrieve funds to lenders.

XDUSD:A collateral backed stable coin that helps people take loan by putting XDC token as collateral. We have seen an increase in demand for the stable coin as the market is currently experiencing a downturn people are looking for stable alternatives. while centralized stable coin are present but they are still a single point of failure with the ongoing CeFI fiasco it is getting harder to trust centralize entities

Watermonitor: Our vision is to carry out research on new models that incorporate technology and which aims at revolutionizing the water management practices around the world . The technology solution is designed specifically to address the needs of the water, health and environment eco-system comprising of civic bodies, water management units, hospitals, environment and health ministry, laboratories, citizens, R&D organizations and improve the operational efficiencies.

Soul: SBTs are an important on-chain primitive for many critical use cases. As a result, SBTs have become increasingly important in the conversation around decentralized identity and reputation, and are part of a fuller story which includes on-chain and off-chain credentials.

The underlying smart contract architecture includes:(1) Soulbound token engine: Creates soulbound tokens (1a) Core: Entrypoint to interact with the full engine (1b) SBT: Modular soulbound ERC721 design deployed to XDC (1c) SBTFactory: Modular factory generator, which enables you to create SBT collections which follow the rules you set up.

XDCFlow:XDCFlow is an all in one platform to make your own custom logics just by dragging and dropping the blocks. We have a wide variety of blocks. A no-code platform that allows you to respond to complex events happening on-chain automatically execute DeFI and other flows without coding

🤝 We want to thank all the developers who participated in the hackathon, and we look forward to seeing what you'll build next! 🚀🚀🚀

XDC Developer Community EUROPE!

Supersnips — Wed, 02 Nov 2022 22:36:58 +0000

The growth of the XDC Network has been impressive over the last years. From community growth, total smart contract development and deployment, projects building on XDC to Partnerships.
All made possible through efforts of Individuals from all over the World.

While XDC has a Global Community, the efforts and focus to grow the Developer community had been mainly US-based efforts.

There has been no real Initiative to grow our Developer Community in Europe besides the Global Hackathons, in which we have seen so much interest from Developers to build on the XDC Network!
Just in our latest Hackathon with participants from over 70+ Countries all over the world, including from 17 European Countries!

This article outlines a plan for the official formation of XDC Governance Developer Community Europe (GDCE) entity including major focus areas, and how to reach full financial sustainability until the beginning of 2024 (within 12-16 Months)for this initiative.

We will highlight major benefits and challenges we have seen over the past six months and why the XDC network must increase its presence and outreach to Developer Communities in Europe, especially in the Blockchain Capital of Europe, Berlin.

This article will follow the standards of the previous XDC Community proposal. -

We need you, members of the XDC community, to vote in order for this effort to reach its full potential.

If there is enough support for this initiative within the XDC community, then the budget outlined below will be distributed from the XDC Ecosystem Development Fund and used to fund the XDC Governance Developer Community Europe Initiative.

We would appreciate any comments for or against the Europe proposal in the comments section below.

After you’ve made your decision, please cast your vote in the comments section: Vote = YES -or- NO

Voting will start Thursday Nov.3 at 12AM CEST (UTC+1) and end Monday Dec.23 at 11:59PM CEST (UTC+1).

Thank you in advance for your support.

Why Berlin?
After the US and India, most of the Solidity developers are based in Germany. Berlin in particular is the hot-spot for European Blockchain developers, its the place where developers from all over Europe come together in Events, meetings, exchange ideas, find teams and funding.

In 2014, the first Ethereum conference called DEVCON 0 was hosted by Ethereum founders. It was held in Kreuzberg, Berlin, from November 24-November 28.4. This meeting, discussion, and brainstorming practice have continued ever since with switching locations, and DEVCON has become the annual conference for all Ethereum developers, researchers, thinkers, and makers.

Berlin had a big impact on Ethereum's development, it shows the significance and presence of exceptional minds from all over Europe and the World present in the city.
There is simply no way around getting into the European Blockchain developer community for XDC.
To scale up into the top 5 public blockchain projects, it is essential to stay ahead of innovation, growth, and technology while having "boots on the ground" in Europe.

Our Mission
XDC Governance Developer Community Europe's (GDCE) mission is to further strengthen the decentralization of the XDC Network and provide European developers a strong voice in the Ecosystem.
To ensure growth and attractivity, decentralization does not only mean establishing several independent entities with different objectives. It also includes regional decentralization, spread across different locations worldwide.

In addition, GDCE is dedicated to fostering innovation and finding ways to commercialize the results.
Staying ahead of innovation and looking for ways to commercialize these new innovations through constant outreach and presence at Devloper meetings, industry events, and developing solutions in cooperation with Industry Partners.

Leveraging start-ups to their full potential, funding layer2 protocols, and Creating in-person learning courses and education for Blockchain Developers at our office in Berlin. (In-person courses can be commercialized, but won’t be commercialized until Q3).

As a result, the XDC Network will be able to attract developers and encourage them to build on it.
Our goal is to become an innovation hub for all Blockchain developers in Berlin and Europe.

This Initiative is an all-out work plan to manifest our position as one of the world's top Leading Blockchain Networks.

Our journey:

Organizing the most successful Hackathons to date on the XDC Network. With great feedback and divers participants (Developers of over 70+ Countries joined and 500+ in our latest Hackathon).

The biggest value comes from the open-source nature of the event. All code is open-source, and any developers can take it up to improve or start their own project on the code provided through the Hackathons.

To date, more than 26+ bounties have been created, reviewed, and paid out to Developers for developing projects and use cases on the XDC Network, to name a few of the participants and Solutions:

  •      XDC WEB3 Domains
  •      XDC Name Service
  •      Droppr (Tool for sending bulk transactions)
  •      Chainfiles (A live dApp to notarize your public or 
       private files)
  •      Accord ( Esignature collection on XDC Network)
  •      Crypto to Crypto gateways, 
  •      DeFi Contracts for XDC, 
  •      NFT based event Management and ticketing platform
  •      Flashloan protocol and much more …

Check out: https://github.com/XinFinOrg/XDC-DApp-Summer-hackathon
Hackathons: XDC Summer Hackathon
XDC DeFi Hackathons

We have been responsible from Idea of the Vision to production, coordinating different teams including:
- Managing ressources
- Managing graphic designers , content creators, Freelancers
- Working closely with different international Lawyers to setup global valid rules for the Hackathons
- Creating the Tasks and definitions
- Developing an attractive Prize structure
- Marketing outreach and social media campaigns (with over 1.5 Million total impressions to date)
- New Launchpad options for Participants to bring their Projects to the market in Partnership with Globiance
- Supporting developers throughout the event on discord, devpost, mail and other channels
- Organized judges and Developers to evaluate projects
- Coordinating & hosting event kick-off, technical discussions across different platforms and more...

2023 Goals & Deliverables:

The following is a list of the goals and deliverables the team will work towards:

Setup the XDC Governance Developer Community Europe office in Berlin in Q1 2023
Team development: 4 Developers (2 Senior Solidity, 1 Junior Solidity and Full stack), which will become part of governance in GDCE’s mission to further improve the decentralization of the XDC Network.
In steady contact with developer teams in Berlin we will be implementing and providing suggestions to ensure XIP innovation/improvements and lessons we will learn from Developers and Projects in Berlin.
Become an innovation hub to support visionary entrepreneurs.
- A catalyst for interdisciplinary research into new Blockchain technologies.
- Free space: Our offices will have enough space for 4-5 local teams of our incubation program to work on their XDC projects.
Support the Developer Community
- providing German translation to developer docs
Participate in Core developer meetings to improve and propose XIP
- bring up Input, views and needs from European developers
Assist the XDC Community in developing an on-chain voting platform
Fund and support startup Layer2 protocols building on XDC chain with sustainability and commercialization in mind
Product building: Access to top-notch Blockchain architects and developers that build the right product for Industry Partners. A product that is secure, viable and scalable -
Innovate and develop custom solutions with cooperation and focus on needs of Partners and European regulators
Discover high-potential innovations in the blockchain technology domain through participation and organisation of:
- Industry events, booths and Developer Meet-ups
In-house experts: Provide local business mentoring in different stages (Ideation, business development, MVP, implementation, and commercialization) for local startups Building on XDC
Facilitating global partnerships to attract best in class research and technology partners. Offering opportunities for developing business and technical skills to meet demands in academia and industry.
Aggressive sales strategy in place.
- Two Senior Sales Executives with 10+ yrs experience in tech space. To get the Industry Partners we want.
- Revenue operation Team that includes a full-time BDR in place.
The XDC GDCE becoming a place to discuss, progress, share ideas and best practices among Blockchain developers in Berlin.
Whether you are looking for a developer, salesperson or any type of profile, we will be building a pool of highly skilled Blockchain Professional Network members.

2023 Team

Positions include:
• Can Inac - @supersnips Executive Lead
• Serkan Ecker - German Blockchain Support Specialist
• Matthias Büxenstein - @nmzn Cybersecurity Expert, Blockchain Specialist
• Senior Solidity Developer
• Senior Solidity Developer
• Junior Solidity Developer
• Full Stack Developer (starting Q1-Q2, 2023)
• Sales/Bd development Team (already in work)
• Marketing & social coordinator
• Content creator(s) an Copywriter(s)
• Freelancers

There will be new hiring during the operation, depending on the need and revenue. The hiring process should prioritize community members who fulfill the job specifications.

Sustainability and XDC Burn:

Sustainability is the priority, as outlined in this article we are obsessed to be self-sustaining within first 12 months of operation.
We are already working with Sales executives on a targeted go-to-market plan, developing the Sales playbook, defining the ICP.
Focussing on Industry needs and development, as the XDC Network has so much to offer in terms of possibilities, we need to match the right use-cases with the right partners!
GDCE will also work as incubator funding and scaling best Layer2 protocols in our office in Berlin.
As we have the Business Team already in place, we are confident to reach full financial sustainability in the estimated timeline.
After we reach self-sufficiency, 15% of all revenue will be used to burn XDC, Quarterly reported on xdc.dev on the 1st. of each quarter as XDC burn takes place.

Transparency and funding:

The Office will be open for Partners, Developers and XDC Community members to visit. Additionally quarterly updates will be launched on the xdc.dev forum.

The Governance developer Incubation Fund (locked Layer2 funding) of $500,000 will be locked and stay under XDC Ecosystem Development Fund custody. It will be partially requested for strategic investments in startups (with a working MVP) which were incubated by the GDCE in our office in Berlin.

2/3 of total funds will be released for the initial Kick-off phase.
1/3 will be released at the end of Q2, 2023 from the XDC Ecosystem Development Fund after the Office is set up and Team is in place, fully operational and working.

XDC Governance Developer Community Europe (GDCE)

Budget

Summary

The need to grow the XDC Developer and Partner Network in Europe gets bigger with every day passing by. The whole Blockchain space is in a crucial phase, - European financial institutions will be preparing for the crypto and stablecoin regulatory framework next year. The Eurosystem will also start work on a digital euro payment scheme rulebook, Web 3.0 is about to see explosive growth and adoption. A place where people can collaborate to share knowledge and resources to create equitable outcomes for all without the erosion of privacy that characterizes Web 2.0 .-

Moving forward, there is no way around to set up this infrastructure in Europe for the XDC Network ASAP.
The presented Initiative is an all-out attack plan for the European market and developer community, in our opinion NOW is the time to move this forward.
By developing such an Entity in Berlin, Europe will strengthen the XDC Network. This would not only be a huge step towards real global decentralization, but it will also offer access to potential new talents and Partners.

Obviously, success doesn't happen overnight. But with our focus and dedication, we are committed to become one of the pillars of strength for the whole Ecosystem.

This Initiative will take the first months to go through regulatory approval, setup of the office, hiring, and getting familiar with the network for the new Dev team.(Q1)

We see 2023 as one of the most important years for the Crypto Industry.
We need to make the most of this huge opportunity for expanding the XDC Network in Europe.
A top Blockchain deserves and need top talent and Industry leading partners from all over the world.

“Even if you are on the right track, you’ll get run over if you just sit there.” – Will Rodgers

We require your support to keep this mission moving forward, please take the time to comment and vote for funding approval:

After you’ve made your decision, please cast your vote in the comments section: Vote = YES -or- NO

Voting will start Thursday Nov.3 at 12AM CEST (UTC+1) and end Monday Nov.23 at 11:59PM CEST (UTC+1).

edit: this proposal has been extended after posting until ONCHAIN VOTE IS Ready to provide the community more time for discussion.

Logo Voting
We want to take this a step further and also let the community decided about the logo of the XDC Governance Developer Community Europe. If your Vote is in favor of this proposal, please also add a number to your Vote to decide about your prefered logo for the GDCE. We have 6 options to choose from.

Option 1

Option 2

Option 3

Option 4

Option 5

Option 6

thank you,

Your XDC GDCE Team