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ETHGlobal Waterloo Prizes
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IPFS & Filecoin

$10,000

About

IPFS is a peer-to-peer network and protocol designed to make the web faster, safer, and more open. IPFS upgrades the web to work peer to peer, addressing data by what it is instead of where it’s located on the network, or who is hosting it.

Filecoin, the world’s largest decentralized network offers more than 16+ Exbibytes of storage. It allows users to store, request, and transfer data via a verifiable marketplace. Filecoin is completely open-source, enabling people from all over the world to participate.

Filecoin Virtual Machine (FVM) is a runtime environment for smart contracts (also called actors) on the Filecoin network. FVM brings user programmability to Filecoin, unleashing the enormous potential of an open data economy. FVM unlocks boundless possibilities, ranging from dataDAOs, to perpetual storage, to financial services for miners (e.g. collateral lending, liquid staking, insurance protocols), to decentralized compute and Layer 2 networks (such as reputation systems, and incentive-aligned content delivery networks, and more. Website | Twitter 

Bacalhau is a platform for fast, cost-efficient, and secure computation that enables users to run compute jobs where the data is generated and stored. With the open-source Bacalhau project, you can streamline your existing workflows without rewriting by running Docker containers and WebAssembly (WASM) images as tasks. This architecture is also referred to as Compute Over Data (or CoD).

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Prizes

🏆 Grand Prizes: 2 teams x $2,000 (paid in FIL)

🏃 Runners up: 2 teams x $1,000 (paid in FIL)

🏊 Prize Pool: 8 teams x $500 each (paid in FIL)

Challenge:

🪄DWeb It: Best solutions that turn current web services and applications into more open, equitable, secure, and resilient. Using one or several decentralized technologies from Protocol Labs Network qualifies for this track. Qualifying technologies: Filecoin Virtual Machine, Filecoin, IPFS (any implementation, Helia encouraged), LibP2P, Bacalhau, IPC, Web3.storage, NFT.storage, Filecoin Data Tools, Saturn.

Project categories Unique to the Filecoin Ecosystem:

💾 DataDAOs: Best DataDAOs and DAO tooling solutions built on FVM to enable curation, use, storage, analysis, monetization, and/or governance of valuable datasets.

💰DeFi : Best DeFi tools and services built on FVM to create value for FIL token-holders and 3500+ storage provider systems in the Filecoin Network.

🔗 Tools, Infra & Bridging: Best tooling solutions built on FVM to make the Filecoin Storage Network more accessible and easy-to-use for developers across Web2 and/or Web3 ecosystems.

🚀 Programmable Storage markets: Best solutions built on FVM to orchestrate, aggregate and broker storage for Data clients and 3500+ Storage Providers on the Filecoin network.

💻 Compute over Data and/or AI: Best solutions on FVM to facilitate decentralized compute and/or AI jobs. Build new solutions or decentralized versions of services like Amazon Lambda, Cloudflare Workers, Kubernetes OR solutions for DeSci, DAI, etc. – using tools like Bacalhau, Lurk (ZK proofs), Lilypad and more!

Find inspiration here

Getting Started