Stellar Lumens (XLM) hack the system from February 25, 2021 until 10 weeks later

If you want to develop yourself further in the blockchain, you should check out Hack the System, which is scheduled to start on February 25, 2021 and run for 10 weeks.

The challenges are offered in 3 different categories with prizes totaling USD 6,000 in XLM. Entrepreneurial hack, API hack, education hack.

The challenge with Entrepreneurial Hack is to create a project on Stellar that solves a specific real world problem. The award is worth $ 3,000 in XLM.

The examples they cited are Uhuru Wallet, a WhatsApp-based wallet that you can use to send payments within Africa. Vibrant is a dollar-saving app for Argentines and DSTOQ that makes investing accessible and affordable for aspiring markets.

API Hack Challenge is to build an app on Stellar that uses third party APIs and has a price tag of XLM worth $ 2,000. Your goal in this process is to create an app on the Stellar test network that uses third-party APIs. It is possible to integrate any API that consists of offerings from organizations such as Google, Facebook, and Shopify.

Participants can use the SDF test anchor API to further connect the user portfolio to a test on / off ramp. Users can also let us create Stellar network related APIs such as those provided by Stellarbeat.io or Stellar.expert. A good example is COINQVEST, which integrates with Shopify to help online merchants and ecommerce stores programmatically accept and settle payments using the new digital currencies while staying compliant.

The challenge with the Educational Hack is to develop an entertaining and playful method to learn more about Stellar. The price in XLM is worth $ 1K.

Those interested in Stellar but not interested in creating a business-like project will like this project to have fun and get away. The challenge is to create a fun and playful way to learn more about Stellar, e.g. B. Thought quizzes, coding tutorials, team building exercises and much more.

A notable example is Stellar Quest, where participants compete for XLM prizes by completing the challenges with the help of the Stellar Laboratory.

The hack system consists of teams consisting of 1 to 6 people who work on their own idea or startup or answer a technical challenge from their sponsors. So there is a total prize pool of £ 5,000 plus prizes per sponsor.

We hope you enjoy this article, and if so, send a tip to our writers in Stellar (XLM) at:

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Thank you,

The TCAT team.


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