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NEAR Protocol

$10,000

near.org
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About

Near is the chain abstraction stack, empowering builders to create apps that scale to billions of users and across all blockchains. Near AI x Web3 Stack is bringing AI and Web3 together to enable a user-owned internet that guarantees privacy and ownership of data and assets, where everyone can be a builder.

Prizes

🔗 Chain Signatures: Cross-Chain Without Bridges ⸺ $5,000

Building a cross-chain product? Meet Chain Signatures: the latest programmable MPC technology which enables cross-chain protocols to support every chain (even non-smart contract chains), eliminate the risk of bridging, and unify user experience.

Demonstrate a creative use case of the Chain Signatures technology in which you use a NEAR account or smart contract to sign transactions on any given chain, whether it’s Ethereum or Bitcoin. Get creative and explore the beginnings of chain abstraction, where users can do everything from a single account and don’t have to think about which chain they are on!

Ideas

  • DeFi on Bitcoin and other non-smart contract chains: Build DeFi applications for non-smart contract chains using NEAR smart contracts and Chain Signatures to control externally-owned accounts on chains like Bitcoin and BitTensor.
  • Bridgeless Cross-Chain Swaps: Execute cross-chain swaps without bridges by atomically swapping the ownership of two accounts on different chains (e.g. $BTC on Bitcoin <> $USDC on Optimism).
  • Multichain dApps: Utilize NEAR as the smart contract layer to interact with assets on Ethereum, Bitcoin and other chains, enabling multichain DEXs, lending protocols, DAO, staking platforms.
  • dYdX-based products: Leverage Chain Signatures to manage dYdX positions and build products on top of the dYdX platform.
  • Account Aggregation: Control multiple accounts or sign transactions on different chains using a single NEAR account.

Qualification Requirements

Your deployment should be on the NEAR testnet. You are free to incorporate any ECDSA-based blockchain(s) of your choice (Bitcoin, Cosmos chains, L1s/L2s EVM, etc.) Your submission must NOT be a simple fork of an existing example/project with minimal changes. Your submission should include a basic readme file explaining the scope of the project. Your submission should demonstrate a creative chain signatures API use case.

🦾 User owned AI is Near ⸺ $5,000
Up to 2 teams will receive $2,500

Bring AI and Web3 together to enable a user-owned internet that guarantees privacy and ownership of data and assets, where everyone can be a builder.

Some ideas to explore:

  • Build autonomous agents and explore their on-chain interaction on Near
  • Build an interface on near.social to deploy autonomous agents
  • Add AI capabilities to our Explorer to help users better understand what is happening on-chain
  • Enable ML research and independent contributions through programmable insentives
  • Anything that comes to mind!

Qualification Requirements

  • Your deployment should be on the NEAR testnet.
  • Your submission must NOT be a simple fork of an existing example/project with minimal changes.
  • Your submission should include a basic readme file explaining the scope of the project.
  • Bonus points: describe the business model for your project.

Resources

Start building on Near
https://linktr.ee/neardevhub
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Workshop

NEAR: One chain to abstract them all

What if you could control accounts across multiple chains with a simple email login? What if your smart contract co...

This workshop is happening in-person

03:00 PM CEST — Friday, Jul 12, 2024 in Workshop Room 1