Originally published on: December 11, 2024
The Stellar Development Foundation (SDF) is revolutionizing the blockchain space with its latest initiative, Build Better. This exciting project aims to harness the power of community insights and turn them into impactful, real-world solutions.
In the ever-evolving landscape of cryptocurrencies, only the most substantial projects have survived the harsh crypto winter. As we anticipate a new wave of growth in the industry, the question on everyone’s mind is: What’s next for Web3 and how will it break into the mainstream?
Web3 holds the promise of reshaping outdated systems, promoting equal access, and fostering new avenues for creativity and value exchange. Recognized for its practical applications, Stellar is embracing this vision with the launch of Build Better.
Build Better is not just a platform; it’s a gateway for individuals to share their groundbreaking ideas. By acting as a liaison between the community and developers, this initiative aims to transform innovative concepts into tangible solutions.
The first phase of Build Better focuses on amplifying the voices within the community. Builders are encouraged to share their boldest ideas across three crucial areas where Web3 can drive significant change: reimagining financial systems for enhanced speed and accessibility, empowering artists and creators with ownership and monetization tools, and eliminating barriers to widespread participation in the digital economy.
Through the Build Better platform, SDF will engage with participants over an eight-week period. Activities such as polls, questions, and video submissions will fuel discussions and spark creativity. Entrants are required to submit a video answering the pivotal question: “What would you build better?” These submissions will be eligible for prize packages totaling $30,000 paid in USDC.
Upon the conclusion of the submission phase, SDF will streamline the community’s ideas into actionable tracks for the upcoming Build Better hackathon. This strategic approach ensures that the initiative does not merely generate ideas but also results in practical solutions.
Build Better is more than just a hackathon; it’s a movement bridging cutting-edge Web3 technology with the aspirations of its users. It presents an opportunity to identify flaws in existing systems, envision superior alternatives, and bring them to life.
Stellar’s blockchain network facilitates over 550 million tokenized assets and connects to more than 475,000 cash-to-crypto ramps across 180 countries. Build Better is a natural progression in SDF’s mission to create substantial impact in the blockchain space.
Whether you’re a builder, creator, visionary, or simply someone brimming with transformative ideas, there are multiple avenues to engage with the Build Better movement. Contribute your vision through the Build Better site, join the discussion on social media using #BetterOnStellar, or stay informed about upcoming hackathons inspired by this initiative.
Disclaimer: This article is sponsored content. While we strive to provide essential information, readers are advised to conduct their own research before making any decisions related to the featured company. This article should not be construed as investment advice.