Supra and Killer Whales team up to launch 100 million dApp contest on blockchain platform
Supra, a comprehensive Layer-1 blockchain platform, has unveiled its first-ever competition, the Super dApp Showdown, according to the latest updates provided to Finbold on June 13th. Scheduled to kick off in August 2024, the contest is designed to showcase innovative decentralized applications (dApps), known as Super dApps, developed by top blockchain experts.
A distinguished panel of judges, featuring representatives from Supra, Google Cloud, Republic Crypto, and Hashkey Capital, will assess the submissions. The Super dApp Showdown invites developers to leverage Supra’s Layer-1 network, which offers Multi-VM support, in-protocol oracles, verifiable random function (VRF), bridges, and automation capabilities.
Participants will compete for a portion of a $100 million prize pool and the opportunity to present their dApps to an audience of over 500,000 token holders on Supra’s community platform, Project Blast Off, as well as a community of 1.3 million email subscribers. Each week, a winner will be selected, and their dApp will be featured on the Blast Off platform, where users can engage in missions and quests to learn more about the project.
Developers have the flexibility to choose rewards for user engagement, including prizes, airdrops, in-game assets, and non-fungible tokens (NFTs). Joshua Tobkin, the CEO and Co-Founder of Supra, expressed enthusiasm for the collaboration with Killer Whales, stating that attracting the right builders and founders requires a blend of capital and exposure.
Supra’s Layer-1 network integrates essential blockchain services, such as leading price feeds, automation, and bridges, into a high-performance stack. The platform supports Multi-VM deployment, enabling developers from MoveVM and Ethereum Virtual Machine (EVM) chains to participate, with future support for SolanaVM and CosmWasm.
Powered by the Moonshot consensus mechanism, Supra’s Layer-1 network offers exceptional speed and security, processing 530k transactions per second with near-instant finality. Additionally, Supra’s Distributed Oracle Agreement (DORA protocol) ensures real-time data accessibility, enhancing the functionality of dApps in decentralized finance (DeFi), GameFi, and beyond.
The platform also includes Supra dVRF, a decentralized verifiable randomness generator used for transparent and unpredictable outcomes.