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Polkadot is a decentralized network that enables cross-chain transactions. It is built on a substrate that allows for easy development of parachains, which are chains that are parallel to the main Polkadot chain. Polkadot also includes a relay chain that allows for communication between the various parachains.

Polkadot is changing the way we think about web3. Instead of being a collection of isolated blockchain networks, Polkadot enables them to interact with each other. This creates a more interoperable and connected ecosystem of blockchains.

🏆Total Prize Pool: INR 72, 15, 000*

Stage 1:

Prize Pool of INR 20, 00, 000:* INR 4000 to each qualified team (max 500 teams)

Stage 2:

Prize Pool of INR 25, 75, 000:* INR 25,000 to each qualified submission (max 103 teams)

Stage 3:

Prize Pool of INR 26, 40, 000:* INR 80,000 to each qualified team (max 33 teams)


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Themes


Stage 1: Beginner 🧑‍💻 | Prize Bounty: INR 20,00,000*

Theme: Aggregate all the resources needed for your projects

Task:

Bounty: INR 4000 to each qualified submission from team, to max 500 teams (reviewed by IBC and Polkadot)


Checklist for target completion:

1 Github registration with IBC Media for the team
2 Wallet registration (on polkadot.js) with IBC Media for each member of the team, approved by IBC Media
3 Completion of the Business solutioning document (BSD)
4 BSD uploaded to Github
5 Completion of the Techinical solutioning document (TSD)
6 TSD uploaded to Github
7 Substrate installation on all 3 members machine, screen shots for all to be uploaded in github
8 Integration of the required pallets in your project
9 Overall 7 minimum github commit (commits include: Documentation, Code as applicable)