Sonic Labs Kicks Off $250,000 DeFAI Hackathon with DoraHacks and Zerebro

Sonic Labs has announced the launch of the Sonic DeFAI Hackathon in partnership with global hackathon organizer DoraHacks and autonomous AI agent Zerebro.

The team behind Sonic Blockchain, the firm is putting up $250,000 in prizes for participants in the hackathon. The competition will last four weeks, and the goal is to create novel AI agents that perform social and on-chain actions.

This aims to further accelerate the development of DeFAI (decentralized finance and AI) on Sonic, the highest-performing EVM L1 blockchain.

DeFAI combines decentralized blockchain technology with AI to accomplish tasks such as bridging assets, swapping tokens, and depositing liquidity autonomously in one step. Such combinations can also be used to manage social media, which can be useful for implementing marketing strategies.

Recently, there has been a rapid growth in the popularity of AI agents, placing them on the cutting edge of innovation. The hackathon aims to explore and harness the use of AI agents in combination with blockchain technology for different applications.

With Sonics high transaction speed of 10,000 TPS and sub-second finality, AI agents can perform tasks seamlessly and in real-time, opening the door to endless possibilities. Luis Fausto, Content Lead, Sonic Labs, said:

The Sonic DeFAI Hackathon is a groundbreaking initiative that merges cutting-edge AI capabilities with the transformative power of blockchain. With $250,000 in prizes, we aim to inspire creators worldwide to redefine DeFi through AI agents.

How to participate

Interested developers can go to the Sonic DeFAI Hackathon page on DoraHacks, where they can apply by following the guidelines below before February 21.

Each team must provide a three-minute demo video showcasing their agent via YouTube, Vimeo, or Google Drive. They must also provide a repository link to their project code.

A panel consisting of Michael Kong (CEO, Sonic Labs), Seg (Developer Relations, Sonic Labs), Jeffy Yu (Founder, Zerebro), Ayoub (Lead Engineer, Zerebro), and Daniele Sesta (Founder, Hey Anon) will evaluate and judge the submissions using the following criteria.

Technological Implementation judges how the AI agent integrates with Sonic and demonstrates quality software development.
Design will judge the projects user experience and intuitiveness of the design.
Potential Impact judges the potential of the project to scale and influence the blockchain industry.
Quality of the Idea will judge the creativity and uniqueness of the project.

Prizes and Awards

A total of $250,000 in prizes will be distributed to winning projects across several categories. For the top 3 agents, the first place gets $60,000, the second place gets $55,000, the third place gets $45,000, and the two honorable mentions will earn $15,000 each.

There will also be several bonus prizes for all participants. The top 3 winners are eligible for bonus prizes if their agents fall into specified categories.

The best social agent winner gets $12,500, while the runner-up receives $7,500. Likewise, the best DeFAI agent winner gets $12,500, and the runner-up receives $7,500. Finally, the best Tooling Agent winner gets $12,500, and the runner-up receives $7,500.

Participants will also have access to comprehensive guidance on idea development, AI frameworks, and project setup. There will be technical support for ZerePy, an open-source Python framework fully integrated with Sonic Chain for easy agent building.

Additional perks for the winning teams will include marketing exposure via official Sonic Labs social media channels and other promotional opportunities to help bring their agents to a larger audience.

Text source: ZyCrypto

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