Midnight Open Three-Wave Buildathon With $12,500 in Grants

Midnight don announce three-month online Buildathon for teams wey dey develop applications wey get built-in data protection. Kickoff workshop go happen on August 26, followed by di first development stage on August 27. Di program go share $12,500 in grants before e go end for mid-November.

Midnight Distributes Grants Across Three Development Waves

Wave 1 go run from August 27 to September 16 and e include $3,500 in grants. Wave 2 dey scheduled from September 27 to October 17 wit $4,000 available, while Wave 3 go run from October 27 to November 16 and e allocate di remaining $5,000.

Participants fit submit dia work, collect feedback and improve di same product during di next stage. Midnight team go evaluate projects directly based on implementation, product direction and relevance to di network.

Registration and program delivery dey managed through AKINDO. Di online kickoff workshop go begin on August 26 at 13:00 UTC.

Developers Build Privacy-Preserving Applications on Midnight

Midnight na blockchain wey focus on programmable privacy and e operate as Cardano partner chain. E allow applications to verify information or specific conditions without to publish all di underlying data.

Users fit prove identity attributes, eligibility, compliance or ownership while dem still hold control over di information wey dem use for verification. Di same architecture fit support applications wey involve financial records, business data and other sensitive information.

Developers dey build smart contracts wit Compact, Midnight’s programming language for combining public blockchain state wit privately controlled data.

Midnight still use resource model wey holding $NIGHT dey generate DUST, di resource wey dem require for transactions and smart contract execution. To consume DUST no dey reduce di underlying $NIGHT balance, so e separate network operations from ownership of di native asset.

Selected Teams Fit Enter Midnight Build Club

Top-performing teams go get opportunity to continue enter Midnight Build Club, eight-week program wey dey support early projects as dem dey move toward viable products.

Build Club include technical and business mentorship, product development support and preparation for investor presentations. Selected projects fit later get access to di Midnight Accelerator, deeper technical integration, follow-on funding and go-to-market support.

When Wave 3 close on November 16, Midnight go get three successive development stages to take evaluate participating projects. Selected teams go then move directly from di Buildathon enter di eight-week Build Club.