Zug, Switzerland, June 13, 2024, Chainwire
Supra, a fully vertically integrated Layer 1 blockchain equipped with Multi-VM support, in-protocol oracles, VRF, bridging and automation features, is pleased to announce the launch of its competition, the “Super dApp Showdown”.
The first season of this competition is scheduled to begin in August 2024, with a panel of judges that includes representatives from Supra, Google (NASDAQ 🙂 Cloud, Republic Crypto, Hashkey Capital, and the hit cryptocurrency-focused reality show Killer Whales all set to vote for the best projects.
The platform calls on the industry's most skilled blockchain developers to build and deploy what Supra calls “Super dApps” on its robust Layer-1 network. Participants will have the opportunity to compete for investments from Supra's newly created $100 million Ecosystem Fund.
For developers, the Super dApp Showdown presents a fantastic opportunity to get up and running, bringing your Super dApps to a highly engaged audience of over 500,000 verified unique token holders earned on its gamified community platform “Project Blast Off”, as well as a community broader 1.3 million email subscribers. Each week, a winning team's Super dApp will appear on the Blast Off platform with quests and quests to help users learn about their project, and builders will be able to choose the nature of the rewards on offer; such as prizes, airdrops, game assets, NFTs, etc. Users can expect new rewards each week for interacting with dApps, such as giveaways, digital collectibles, and partner airdrops.
The first season of the Super dApp Showdown begins in August and will last three months, after which a panel of judges will select 12 winners in DeFi, GameFi, Web3 Social and other categories. Judges will include representatives of Supra's leadership team, as well as well-known “whales” from the hit reality show Killer Whales, produced by HELLO Labs, which is similar to the popular television series Shark Tank, but with a focus on Web3 startups .
Other judges who will be part of the Super dApp Showdown panel will include experts from key ecosystem partners such as Google Cloud, Republic Crypto, HashKey Capital, and more. The evaluation process will also take into account feedback from the Supra community, who will be invited to vote for their favorite Super dApps. Builders who wish to enter the competition can do so on Supra's Super dApp Showdown page.
Joshua Tobkin, CEO and co-founder of Supra, said in a quote: “We are delighted to collaborate with Killer Whales as our media partner for Super dApp Showdown and beyond. At Supra, we understand that attracting the right builders and founders requires a combination of capital and exposure. In addition to access to Supra's $100 million Ecosystem Fund and 500,000 verified token holders, projects will also have the opportunity to be featured on Killer Whales, benefiting from their exceptional team, high-quality production and significant visibility.”
Sander Gortjes, co-founder of HELLO Labs and executive producer of Killer Whales, went on to say: “We are excited to work together with Supra in growing their ecosystem and providing a podium for the projects that emerge as Super dApp winners.” Showdown with Killer Whales and our streaming partners, potentially giving them a televised reach of 600 million people worldwide.”
The power of Supra's L1
Super dApp Showdown is an opportunity for developers to explore the capabilities of Supra's powerful and innovative Layer-1 network, which vertically integrates core blockchain and oracle services, including its industry-leading price feeds, verifiable randomness generators , automation and bridging in a single, high-performance stack. Its L1 also offers Multi-VM support, so developers on the MoveVM and EVM chains can deploy dApps directly to Supra and enter them into the competition, with support for SolanaVM and CosmWasm also on the roadmap.
Designed to reduce friction around onboarding and user experience in Web3, the Supra L1 is powered by the innovative Moonshot consensus mechanism, which brings blazing fast performance and strong security guarantees to your data sources. In its advanced global testing phase, Supra demonstrated Moonshot's ability to process throughput of 530,000 transactions per second on 125 globally distributed nodes, with an optimistic finality of 500 milliseconds and a total finality of between 1.5 and 2 seconds, which puts him far above the majority. other competing consensus mechanisms.
The Supra blockchain is vertically integrated with its Distributed Oracle Agreement (NYSE 🙂 (DORA protocol), a cutting-edge oracle that provides real-time data accessibility to enable the development of faster and more functional dApps spanning DeFi, GameFi and others. blockchain uses. It also incorporates Supra's novel decentralized verifiable randomness generator, Supra dVRF, to ensure complete transparency and unpredictability in random outcomes in games, prize draws, and more.
Building on Supra will give developers the opportunity to see for themselves the performance benefits of its fully vertically integrated L1, with winning projects receiving Ecosystem Fund investments of $100 million. Other benefits include the chance for winning teams to appear on Killer Whales and pitch their ideas to some of the cryptocurrency industry's top investors, plus consultations with the Supra team, free access to Supra's core services, access free token launch platform, cross-promotion and marketing via Supra's social channels, along with the opportunity to network with an extensive ecosystem of venture capitalists and partners.
Supra plans to host the Super dApp Showdown on an ongoing basis, with new seasons launching every three months; So teams that aren't quite ready for the first season won't have to wait long for another chance to interact with one of the fastest growing communities on Web3. Web3 enthusiasts can stay up to date with the competition and apply to showcase their Super dApps on the Supra Apps page.
About Supra
Supra is a completely new blockchain that vertically integrates oracles, bridges, automation and randomness into a powerful Layer 1 with Multi-VM support. It is designed to give developers all the tools they need to build on a chain, enabling a new generation of Super dApps.
Supra is also a leading provider of Oracle pricing information and verifiable randomness on over 80 blockchains with Layer 1 security guarantees. They focus on solving real problems for dApp developers and scaling Web3, backed by a Developer toolkit with extensive guides and whitepapers.
About orcas
Killer Whales is a groundbreaking television series that highlights the most interesting and innovative projects within the Web3 industry. Backed by HELLO Labs and CoinMarketCap, the program provides a platform for emerging talent to showcase their creations to a global audience of over 600 million potential viewers through its premium streaming partners.
About HOLA Laboratories:
HELLO Labs is a leading Web3 entertainment company dedicated to pushing the boundaries of digital entertainment. Through innovative partnerships and innovative projects, HELLO Labs aims to revolutionize the entertainment industry.
Disclaimer
Investments allocated from the Ecosystem Fund during the Super dApp Showdown will be made in $SUPRA, which is the native token of the Supra ecosystem. The declared value of the Ecosystem Fund is calculated with reference to the anticipated value of $SUPRA on the start date of the Super dApp Showdown. Please note that the actual value of $SUPRA, as well as the Ecosystem Fund, may vary and is subject to market fluctuations. Supra does not guarantee or warrant the future value of $SUPRA or the Ecosystem Fund.
ContactAvishay Litani[email protected]
This article was originally published on Chainwire.
