Avalanche Launches $1M Onchain Gaming Apps Competition

Avalanche Launches $1M Onchain Gaming Apps Competition

In Brief

Event Description: Build Games by Avalanche is a six-week competition designed to steer on-chain gaming applications from inception to market-readiness, emphasizing product completion and market introduction.

Prize Information: The competition features a total prize pool of $1,000,000, with a top award of $100,000, encouraging excellence across a range of gaming categories.

Evaluation Criteria: The competition will focus on continuous development and the end usability of products, moving away from traditional event-based evaluations.

Overview of the Event
Avalanche is transforming the landscape of on-chain gaming development with its newly announced Build Games competition. This six-week event shifts away from the typical brevity of hackathons to allow a more extensive period for product refinement and readiness for commercial launch.
Structured Timeline for Competition
Build Games begins on January 20 and will run through February 13. It will guide participants from an initial pitch through structured stages of development including prototyping and final adjustments—key phases geared towards achieving a commercially viable product. The process culminates in a live showcase, a platform where participants demonstrate strategic positioning and public engagement with their products.
Prizes and Rewards
To incentivize notable achievements and high-caliber products, Avalanche has set aside a $1 million prize pool. The grand prize alone is $100,000, highlighting the competition’s commitment to outstanding development efforts and successful implementations in the gaming sector.
Judging and Evaluation Metrics
The evaluation process in Build Games is tailored to assess the complete execution of the end product and its readiness for a sustained market presence. Throughout the event, the progress of participants will be closely tracked, favoring teams that showcase adaptative refinement and innovation within the set timeframe.
Strategic Impact on Avalanche
Build Games is more than just a competition; it represents a strategic thrust by Avalanche into the gaming industry. It addresses critical challenges such as product consistency and player retention in Web3 gaming. By setting high standards, Avalanche seeks to foster robust gaming solutions that integrate seamlessly with burgeoning technologies.
Looking Forward
The industry’s eyes are on Build Games to see the diversity and ingenuity in the gaming projects that will emerge. This initiative could bolster Avalanche’s position as a pioneering blockchain platform and might become a sustainable model for nurturing and launching new gaming solutions regularly. The support extended to the winners could play a crucial role in the sustained success of these gaming ventures, potentially shaping the future landscape of on-chain gaming.

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