ETHGlobal

ETHGlobal Bangkok

Axelar

$4,000

About

Axelar is the full-stack interoperability layer for Web3. The network enables blockchain as a new application development platform, by integrating ecosystems of innovation into a seamless “Internet of blockchains.” Axelar is programmable and decentralized, secured by a proof-of-stake token, AXL. Application users access digital assets on any blockchain, with one click. Developers work with a simple API and access an open market of tooling to automate complex tasks.You can think of it as Stripe for Web3. More about Axelar: http://axelar.network Axelar is the full-stack interoperability layer for Web3. The network enables blockchain as a new application development platform, by integrating ecosystems of innovation into a seamless “Internet of blockchains.” Axelar is programmable and decentralized, secured by a proof-of-stake token, AXL. Application users access digital assets on any blockchain, with one click. Developers work with a simple API and access an open market of tooling to automate complex tasks.

Prizes

⭐️ Best use of Axelar ITS for building/integrating cross-chain assets. ⸺ $4,000

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1st place

$2,000

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2nd place

$1,500

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3rd place

$500

🦾 Challenge Use Axelar Interchain Token Service (ITS) for building/integrating cross-chain assets. 📋 Description Axelar’s Interchain Token Service provides functionality to bridge tokens between blockchains, enabling composability across ecosystems. Your solution should demonstrate a meaningful integration for your asset with Axelar’s Interchain Token Service, enhancing interoperability and functionality across blockchains.

Qualification Requirements

➡️ Projects will be judged on Viability, Creativity, and how essential being Interchain is to your DApp ➡️ Demonstration of an integration with Axelar ITS to bridge tokens across at least two blockchain networks (with a link to live Axelarscan transaction) ➡️ The project should showcase a compelling use case for cross-chain assets (examples include cross-chain staking, yield aggregation, or multi-chain token governance). ➡️ Ensure the dApp is secure, efficient, and maintains reliable interchain transactions. ⚠️ Please include the following in the readme.md / bounty.md of your application. You must share the source code of your DApp.