This challenge is all about decentralized apps, or dapps. Help us gather great ideas for the helpful dapps that you wish existed!
Coinbase, a cryptocurrency exchange platform, knows that sometimes a community in need isn’t able to express all the ways it can be helped. However, in this challenge, Coinbase wants you to help bridge that gap by sharing your boldest ideas for dapps that could help build community. Dapp development is poised to become widespread in the near future, so your ideas could have a positive effect on the direction this industry takes!
The challenge is simple: in 250 words or less, give us your idea for the dapp Coinbase should help develop and tell us about how it will help a community in need.
Guidelines
Dapps have all the functionality of apps, but they also have the added benefits of the blockchain technology upon which they are based. These benefits include improved security against cyber attacks, control over your own data, transparency into how the dapps operate, and the ability to perform cryptocurrency transactions.
Dapps also offer their users unprecedented direct access to certain services. For example, dapps could help those who can’t readily open a bank account to perform financial transactions, or could connect developing communities to an international insurance fund.
Right now, many dapps fall into one or more of these categories:
Financial services
Gaming
Blogging and social media
Contracts and business services
Non-profit services
But what is your idea for a dapp that can help a community in need? Can you think of something outside-the-box? Or perhaps you have an idea for a game-changing app within one of these categories? Either way, Coinbase will use the best ideas to help inspire and guide future dapp developers.
HeroX mini-challenges like this one are fast and furious. You have just a few weeks to get your submission in, so don’t wait to get started!
Prize
This challenge will recognize up to 5 winners. In addition to general glory and bragging rights, winners of this challenge will have their ideas promoted to the exclusive Coinbase challenge, Buidl Web3 With Coinbase Cloud. Note: participation directly in the Buidl Web3 With Coinbase Cloud is restricted to members of the Coinbase partner programmer community and those who have been invited.
Competitors in that challenge will be given the opportunity to build out any of the winning ideas and turn them into functioning prototypes. If your idea is used by a winning competitor, you both will win a bonus opportunity to meet with a Coinbase expert to discuss your ideas further and consider how the dapp could be developed further.
Multiple submissions are permitted, but participants may only submit up to 5 different ideas, with each idea being a separate submission. Any additional submissions will not be evaluated. Multiple submissions from the same participant are expected to be substantially different from one another, and duplicate submissions will be screened out. Participants may win more than one prize, at the sole discretion of the Challenge Sponso
Timeline
Open to submissions October 13, 2022
Submission deadline November 10, 2022 @ 5pm ET
Judging November 10 to November 17, 2022
Winners Announced November 22, 2022
How do I win?
To be eligible for an award, your proposal must, at minimum:
Satisfy the Judging Scorecard requirements
Thoughtfully address the Submission Form questions
Be scored higher than your competitors
Judging Criteria
Section
Description
Overall Weight
Impact
If successfully developed, how impactful would this dapp be?
40
Spirit of Dapp Design
Does the dapp support these user-focused values:
Fair and equal access to services
Self-governance over their own affairs
40
Novelty
How creative and/or original is the idea?
20
Submission Form
Field
Description
Field Format
Your idea
Describe the community your dapp targets.
Describe the idea for your dapp, explain what it would accomplish, and discuss how it would help the community you described previously.
Formatted text
(250 word max)
Supporting image (optional)
You may upload one supporting image file (it could be a photo, table, diagram, etc).
Image
Rules
Participation Eligibility:
The challenge is open to adult individuals, private teams, public teams, and collegiate teams. Submissions must be made in English. All challenge-related communication will be in English. If chosen as a potential winner, all competitors must have a Coinbase Wallet or similar self-custodial wallet to receive the challenge NFT. Delivery of the prize is dependent upon this fact and a prize may be offered to another competitor if the potential winner is unable to coordinate the delivery of the prize.
No specific qualifications or expertise in the field of dapp design is required. The Challenge Sponsor encourages outside individuals and non-expert teams to compete and propose new solutions.
To be eligible to compete, you must comply with all the terms of the challenge as defined in the Challenge-Specific Agreement.
Registration and Submissions:
Submissions must be made online (only), via upload to the HeroX.com website, on or before November 10th, 2022 at 5:00pm US Eastern Time. No late submissions will be accepted.
This challenge allows up to 5 submission[s] per individual/team. Should you have multiple entries to submit to this challenge, they will be considered separately. Whether or not multiple entries from the same individual or team may be chosen for a prize is up to the sole discretion of the Challenge Sponsor. You are not required to submit multiple entries, if that option is available.
Intellectual Property Rights:
As detailed in the Challenge-Specific Agreement – Competitors retain the rights to any intellectual property contained within their submission.
Awarding of the Prize:
The Individual Submitter or Team Captain is automatically designated as the Recipient of the prize monies. The Individual’s or Captain’s name must also match the Authorized Person on the receiving Bank Account. No changes are permitted to the prize Recipient after the Submission Deadline date. If you wish to change who would receive the prize monies, those changes must be completed prior to the Submission Deadline. View our Knowledge Base article here for how to change Team Captains.
Judging Panel:
The determination of the winners will be made by a team of HeroX and Coinbase judges.
Additional Information
By participating in the challenge, each competitor agrees to adhere to the HeroX Intellectual Integrity Policy and promises to submit only their original idea. Any indication of "copying" amongst competitors is grounds for disqualification.
All applications will go through a process of due diligence; any application found to be misrepresentative, plagiarized, or sharing an idea that is not their own will be automatically disqualified.
All ineligible applicants will be automatically removed from the competition with no recourse or reimbursement.
No purchase or payment of any kind is necessary to enter or win the competition.
It is our honor to announce the five winners of the Gaps in Dapps Challenge. We received a variety of fun, helpful, and out-of-the-box ideas in this challenge, which is exactly the kind of creativity we hoped to inspire. First, let's give a huge thank-you to everyone who submitted; please continue thinking about what services the world needs and keep an eye out for future opportunities to bring your ideas to life.
And now, for the challenge winners:
Rentable Room by Ben This submission proposed creating reservable rooms (such as a conference room, karaoke room, call cabin, coworking office, etc.) that can be reserved by claiming or buying NFTs on-chain, free (gas-only) or for-fees as chosen by a controller or current holder.
eSports Leaderboard by Robertswww Organized eSports competitions & professional gaming tournaments around the world need a safe, secure & reliable way to maintain & track high scores. Robert believes that the blockchain would be the ideal place to store the leaderboard results & offer proof of top scores.
IncorporatIng Dapps into the Construction Industry by IKTINOS Solutions team Iktinos aims to incorporate smart contracts into the Construction Industry, providing new investment opportunities for fiat & crypto assets Their idea connects crypto assets to the traditional economy and transforms construction finance by providing new funding sources. Institutional & retail investors could benefit from less risky profits, since the construction sector is often more stable.
Dapp'ing for Homeless by Persons RV2 Robert proposes a decentralized app that allows people to anonymously donate to homeless persons while being assured their donations are properly used. A homeless person is given a gift card with a barcode. If a passerby scans/taps the card, they can donate an amount to the card. App settings control what goods or services the currency can be used to purchase. All parties remain anonymous.
Food COOP DAO by Ashley Cribb Food deserts around the country need help with fundraising. This dapp will assist coops and others around the country in becoming a DAO to help raise funds to further their mission to feed the hungry. This can help them to create grocery stores and accept fiat and tokens as payment.
These five submissions will be shared with the community over at the Buidl Web3 with Coinbase Cloud challenge, hopefully inspiring those competitors to take these ideas to the next level. Perhaps in a few weeks, you will see one of these concepts become an actual prototype!
Hey there folks, don't forget to check out the challenge forum to team up, ask questions, and discuss the challenge problem. The sponsors can answer your questions there as well.
Are you a developer who actually wants to build out your own dapp idea? Then check out this $15,000 prize challenge from Coinbase, and use the exclusive invite code below.
Buidl Web3 With Coinbase Cloud is a new, exclusive challenge from Coinbase made for aspiring developers. Coinbase has chosen to share this opportunity directly with their partner communities first and you have been chosen to receive the special code required to participate in this challenge. If you would like to join, the code is: cbcl0ud
Coinbase has tons of new, free tools to help you get started with the programming. Loads of workshops and resources are coming your way!
