We use cookies to enhance your browsing experience and analyze our traffic. By clicking "Accept All", you consent to our use of cookies.. View our Privacy Policy for more information.
Your browser (Internet Explorer) is out of date. Please download one of these up-to-date, free and excellent browsers:
For more security speed and comfort.
The download is safe from the vendor's official website.

Blog:

HUMAN Protocol powers automated hackathon product by Ekolance

HUMAN Blog
Community
HUMAN Protocol
May 4, 2023

HUMAN Protocol powers automated hackathon product by Ekolance

2 min read

Ekolance has announced the launch of the first ever on-chain hackathon platform built using HUMAN Protocol. The platform, techFiesta, allows fast, automatic payments for developers, while offering them access to a world of new opportunities to up-skill, receive grants, get work, collaborate, and gain a reputation in the industry.

About Ekolance

EkoLance, a HUMAN Protocol grantee, helps companies with training and recruitment of Web3 professionals. Prior to the grant, the company seeking professionals would have to manually launch jobs, assess the work, and report results to EkoLance. Through HUMAN Protocol, the process is being automated.

Hackathons

Hackathons are an essential part of the technology sector, and even more important for Web3, which has a strong open-source foundation.

There are several problems with the current hackathon model.

  • Payment delays
  • Insufficient support
  • Limited resources
  • New companies not always easy to find

Together, these problems take the enthusiasm out of partaking in hackathons. They make the entire experience less enjoyable, productive, and rewarding than it can be.

How it works

The simple core functionality of HUMAN Protocol is to enable someone to launch work to be completed online, and to bring together the parties that can evaluate that work, and initiate payout on-chain.

Requesters – in this case the hackathon sponsor – fill a smart bounty with stablecoins. The HUMAN Protocol ‘Job’ is the hackathon, which would be decomposed into separate tasks, and sent to whitelisted Workers – developers, in this case. The Requester would check the work and, once it has been evaluated, payment will be processed on-chain to the developers.

techFiesta will also leverage HUMAN Protocol’s reputation system, meaning that payment will vary depending on reputation. HUMAN Protocol’s reputation system is a key feature of the network, incentivizing good behavior, and excellence, whilst rewarding consistency.

About techFiesta

While offering technical solutions to the process – such as using HUMAN Protocol’s payment solution – techFiesta also offers developers access to new opportunities.

Some advantages of participating in techFiesta hackathons:

  1. Fast and secure payment in stablecoins via HUMAN Protocol’s escrow system. This means that, once the work is assessed as complete, the payment is triggered. No disputes or delays.
  2. Beyond stablecoin rewards, on-chain certificates (NFTs) can help developers to build a reputation.
  3. Connecting developers with businesses that need their skills, some of the most innovative and active tech companies in the industry.
  4. Participating developers will automatically become part of the EkoLance community, which will offer them access to upskilling opportunities with educational workshops, seminars, and events.
  5. Access to hackathon sponsors – entrepreneurial developers looking to build DApps can receive grants from the companies they are hacking for.
  6. Platform allows developers to interact with other developers in real time, to ask questions, and collaborate.

Web3 is created by developers, and hackathons are how a lot of work gets done. By solving some of the pain problems of hackathons, techFiesta can help to move the entire industry forward in accordance with the principles of decentralization. The simple principles of fast, honest and transparent payment, along with a collaborative approach, can help to bring developers closer to more work, and businesses access to the developers they need, all in a transparent way.

To stay up to date with the latest from HUMAN, follow us on Twitter or join our Discord.

Legal Disclaimer

The HUMAN Protocol Foundation makes no representation, warranty, or undertaking, express or implied, as to the accuracy, reliability, completeness, or reasonableness of the information contained here. Any assumptions, opinions, and estimations expressed constitute the HUMAN Protocol Foundation’s judgment as of the time of publishing and are subject to change without notice. Any projection contained within the information presented here is based on a number of assumptions, and there can be no guarantee that any projected outcomes will be achieved.

No items found.
Guest post

Related blog posts

Community

Community Announcement: Rewarding Zealy’s Participants 

Sep 16, 2023
News

MEXC Joins HUMAN Protocol: Expanding HMT Accessibility for Users

Sep 15, 2023
AI & ML

The Dark Side of AI #8: The Illusion of Open-Source and The Rise of AI Clickbait Scams

Sep 15, 2023
AI & ML

The Bright Side of AI #8: Alibaba's AI Innovations, AI's Role in Job Quality, and the Rise of Arabic AI with Jais

Sep 13, 2023
Newconomics

Newconomics 2023 - Meet our Speakers: James Kirkham

Sep 12, 2023
Newconomics

Newconomics 2023: Challenging the Status Quo

Sep 11, 2023
AI & ML

The Dark Side of AI #7: My AI's Eerie Silence, Centricity's Investment Scam, and Public Fear of AI

Aug 26, 2023
AI & ML

The Bright Side of AI #7: Voice-Activated Payments in India, AI-Powered Recruitment on LinkedIn, and Urban Cleanliness in UAE

Aug 24, 2023
Fundamentals

What is the Eliza Effect, or the Art of Falling in Love with an AI?

Aug 21, 2023
AI & ML

The Dark Side of AI #6: Zoom's AI Betrayal, AI's Lethal Cooking Suggestions, and the End of Password Privacy

Aug 19, 2023
AI & ML

The Bright Side of AI #6: Cleaner Skies Ahead and Wellness for Doctors

Aug 16, 2023
AI & ML

‍The Dark Side of AI #5: AI's Threat to Journalism, OpenAI's Inhumane Labor Practices, and Social Media's Fake Friend Phenomenon

Aug 11, 2023
Community

HUMAN Community Newsletter #19

Aug 10, 2023
AI & ML

The Bright Side of AI #5: Alibaba's Open-Source Triumph, AI's Victory in Cancer Detection, and the End of Flight Delays‍

Aug 8, 2023
AI & ML

The Dark Side of AI #4: The Recruitment Revolution, The Fight for Medical Privacy, and AI's Alarming Potential in Biochemical Warfare

Aug 6, 2023
AI & ML

The Bright Side of AI #4: AI Safety Coalition, Transforming Lives in India through Language, Neanderthal Genes Reimagined

Aug 2, 2023