Blockchain platform Supra and Killer Whales launch $100 million dApp contest
Supra, a completely built-in Layer-1 blockchain platform, has introduced the launch of its inaugural contest, the Tremendous dApp Showdown, as per the latest updates shared with Finbold on June 13.
Set to start in August 2024, the competition goals to highlight revolutionary decentralized functions (dApps), or Tremendous dApps, created by high blockchain builders.
A panel of judges, together with representatives from Supra, Google Cloud, Republic Crypto, and Hashkey Capital, will consider the entries.
The Tremendous dApp Showdown
The Tremendous dApp Showdown invitations builders to construct on Supra’s Layer-1 community boasting Multi-VM help, in-protocol oracles, verifiable random operate (VRF), bridges, and automation options.
Contestants will vie for a share of a $100 million fund and have an opportunity to showcase their dApps to an viewers of over 500,000 token holders on Supra’s group platform, Venture Blast Off, and a group of 1.3 million e mail subscribers.
Every week will see a winner, whose dApp will probably be featured on the Blast Off platform, providing customers missions and quests to study concerning the venture.
Builders can select the rewards for person engagement, together with prizes, airdrops, in-game belongings, and non-fungible tokens (NFTs).
Joshua Tobkin, CEO and Co-Founding father of Supra, expressed pleasure concerning the collaboration with Killer Whales, saying:
“We’re thrilled to collaborate with Killer Whales as our media associate for the Tremendous dApp Showdown and past. At Supra, we perceive that attracting the correct builders and founders requires a mix of capital and publicity. Together with entry to Supra’s $100 million Ecosystem Fund and 500k verified token holders, initiatives may also have the possibility to get featured on Killer Whales, benefiting from their distinctive crew, high-quality manufacturing, and vital visibility.”
— Joshua Tobkin, CEO and Co-Founding father of Supra
Integrating blockchain providers right into a high-performance stack
Supra’s Layer-1 community integrates key blockchain providers, resembling main worth feeds, automation, and bridges, right into a high-performance stack.
The community helps Multi-VM deployment, permitting builders from MoveVM and Ethereum Digital Machine (EVM) chains to take part, with future help for SolanaVM and CosmWasm.
Powered by the Moonshot consensus mechanism, Supra’s L1 affords distinctive pace and safety, processing 530k transactions per second with near-instant finality.
Supra’s Distributed Oracle Settlement
Supra’s Distributed Oracle Settlement (DORA protocol) ensures real-time information accessibility, enhancing the performance of dApps throughout decentralized finance (DeFi), GameFi, and extra.
The platform additionally consists of Supra dVRF, a decentralized verifiable randomness generator used for clear and unpredictable outcomes.
