Web3 hackathon on Astar, sponsored by the Toyota Motor Corporation
Web3 hackathon on Astar, sponsored by the Toyota Motor Corporation
The Toyota Motor Corporation, Japan's largest conglomerate with over 330,000 employees worldwide, sponsors its very first global web3 hackathon. It has chosen
Toyota hopes for web3 to support his vision of improving the company's operating processes, and this online hackathon is a first step in this process. Developers from all over the world are invited to create a company-internal DAO support tool in the ASTAR network with which every team can create and coordinate governance tokens without having to understand the details of Web3.
toyota could use the tools created during the hackathon to improve operational transparency and efficiency. Astar Network will provide the environment for developers and also be responsible for the support of product development.
In recent years, managers have been burdened in various companies by increasing business decision -making and team management. Both Astar Network and Toyota believe that we could manage projects as DAO where the decision -making process is distributed among the participants. It will not only reduce the workload of the managers, but also help the team members to have a greater impact on the company's growth. Therefore, the topic of this hackathon is the development of a DAO support tool for companies.Sota Watanabe, the founder of AStar Network, said: " Of course, Toyota is the largest company in Japan and one of the world's leading international companies. We are very happy to organize the web3 hackathon on AStar together with Toyota. During the event, we want to develop the first proof-of-concept dao tool for Toyotas. When a good tool is produced. Interact Toyota employees every day with AStar Network.
by Tuesday, February 14th, individuals and teams from up to four developers have time for the Web3 hackathon from Toyota. You will take part in a kick -off event on February 25th and then have time until March 18 to build your products. The first round of evaluation will take place on March 23, and groups that pass the first round can take part in the pitch event on March 25th.
The hackathon should take place in the cosmize event hall , the first meta-verse in the ASTAR network. While Toyota Motor Corporation is the main sponsor, Astar Network and Web3 Foundation will be sub -sponsors. Hakuhodo Key3, a joint venture that was co -founded by Sota Watanabe and Japan's second largest advertising company Hakuhodo, is also a sponsor. Hakuhodo Key3 develops web3 services together with customers and plans and manages web3 hackathons.
Takumi Sano, board member of Hakuhodo Key3, said: " We are very excited to see which new web3 services are developed under the patronage of the Toyota Motor Corporation. This could become an important hackathon that will change the course of history. We look forward to your participation ."
The ASTAR Foundation will provide $ 75,000 in the form of ASTR-TOKEN for this hackathon, while the Web3 Foundation will sponsor it with $ 25,000. The combined $ 100,000 are used to reward the winning projects that were selected by Toyota, the Astar Foundation, Web3 Foundation, Alchemy and Hakuhodo Key3.
Astar Network is the Layer 1 blockchain of the choice for developers and companies that build for the Japanese market. The government, companies and web3 solutions in Japan are actively working with ASTAR to bring together a global platform that has its origin in Japan.
Over 70 decentralized applications have been created on the reliable blockchain of ASTAR since the start of the Mainnet in January 2022. Astars of Natural Token, ASD, is already noted at Bitbank, one of the largest Japanese stock exchanges. This accessibility makes it easy to build Japanese companies and startups to build a web3 business by developing applications and applications in the ASTAR Network.
via the ASTAR network
ASTAR Network supports the creation of DAPPs with EVM and WASM-SMART Contracts and offers developers real interoperability with cross-consensus messages (XCM) and a cross-virtual machine (XVM). The unique Build2earn model from ASTAR enables developers to be paid for your code and the dapps you created via a DAPP-Staking mechanism.
astar is one of the first parachains in the Polkadot ecosystem and a lively network that is supported by all major stock exchanges and animal 1 VCS. Astar offers developers the flexibility of all Ethereum and Wasm tools to start creating their dapps. To accelerate growth on Polkadot and Kusama Networks, astar spacelabs offers an incubation hub for top-tvl-dapps.
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Source: Coinlist.me
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