News
Push for blockchain advancements through reactive network unicornization campaign
PARSIQa comprehensive data network for building dApps and Web3 protocols, recently launched the Unicornisation campaign with the aim of investing in promising Web3 projects on the Reactive Network, which is a parallelized interoperability execution layer for Ethereum Virtual Machine (EVM) ecosystems. The campaign aims to foster innovation and further strengthen the global blockchain industry.
The unicornization campaign
The Unicornisation Campaign is an initiative designed to identify and support innovative ideas and projects that leverage the capabilities of the Reactive Network. This campaign represents a transformative approach in the field of decentralized applications (dApps) and smart contracts and offers developers a platform to demonstrate their capabilities and add them to the growing Reactive ecosystem.
Participants are encouraged to submit their project ideas or enter developer rewards, with the potential for significant rewards in PRQ tokens. This campaign not only encourages innovation, but also aims to build a strong community of developers who can help maximize the potential of Reactive Network.
How to participate?
There are two basic ways to participate in the Unicornization campaign. Interested developers can submit their project ideas or take on the developer rewards.
- Submit ideas: This first phase of the campaign is now closed. He encouraged developers to submit ideas for projects or decentralized applications (dApps) that can be built using the Reactive platform. Successful submissions after careful review will earn $100 in PRQ tokens, a cryptocurrency used within the Reactive ecosystem.
- Developer Awards: There are specific rewards available for developers, such as one-step automated swaps, automated fund distribution, insurance payouts, and more. Since the rewards are designed to fulfill a specific purpose, they aim to reward developers who manage to stay within the limits and still create Reactive Smart Contracts or Reactive dApps.
Types of rewards
The rewards offered fall into two categories:
- Reactive Smart Contract Reward: Responsive smart contract reward should include an open GitHub repository and a cover letter. Contracts must be functional, well documented, and demonstrate use of Reactive features. The best applications in this category will receive PRQ tokens that are equivalent to $400-$600 USDT.
- Responsive Bounty dApp: This involves implementing a front-end, smart contract, and Reactive Smart Contract for specific use cases. Through this reward, developers have a chance to win PRQ tokens equivalent to $1200 USDT. Participants can win this reward regardless of winning the Reactive Smart Contract reward.
Judging criteria
The proposals for the prize will be judged by a jury from the PARSIQ team who will evaluate the best proposals and reward the winning team accordingly. The team also plans to share explanations, but only during the winner announcement.
Benefits of participation
Participation in the unicornization campaign offers numerous advantages:
- Recognition: Developers can gain visibility and recognition within and outside the Reactive community, demonstrating their skills to potential employers and collaborators in their line of work. This will be very beneficial to them as they build their careers and grow in the field.
- Awards: Everyone loves rewards, especially monetary ones, and PRQ tokens serve as financial incentives for successful projects, providing tangible benefits and thus encouraging developers to grow and be better at solving problems.
- Contribution to innovation:Developers have a unique opportunity to contribute to cutting-edge technology, influencing the future of decentralized applications.
Final thoughts
It’s not often that developers participate in the development of an advanced technology and earn rewards for the same. PARSIQ’s Unicornisation campaign offers developers the opportunity to get involved in the community, engage with advanced blockchain technology, earn rewards and contribute to the wider ecosystem. As rewards help create new use cases, this can also lead to wider adoption of blockchain technology. This is a perfect opportunity for developers looking to make a career in the blockchain field to learn more and improve.
For more details on how to participate, visit Unicornization Campaign page.