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Naoris Protocol Hosts $50,000 Prize Track at GDA’s Next Top Blockchain Startup Competition

July 9, 2024

Calling all Web3 Pioneers, Innovators & Builders!

Naoris Protocol is thrilled to announce our participation in the highly anticipated Next Top Blockchain Startup Competition, hosted by GDA Capital and Coinweb. This premier event is designed to spotlight the next wave of blockchain innovation, and Naoris Protocol is offering a $50,000 grant in $NAORIS to the top project built on our Post-Quantum powered protocol!

Why Participate?

The Next Top Blockchain Startup Competition combines the excitement of Shark Tank-style pitches with the collaborative energy of a Web3 hackathon. With over $250,000 in prizes and 250 participants, this competition offers unparalleled exposure to top VCs and industry leaders. Each week, participants will engage in webinars and complete key deliverables, culminating in a five-minute pitch and presentation. The top five projects from each track will compete in a live virtual competition in mid-August, reviewed by GDA & Coinweb with the winners and finalists exposed to hundreds of investors.

Naoris Protocol’s Unique Track

As part of our mission to restore cyber-trust in digital systems and enhance data quality, Naoris Protocol is hosting a dedicated track. We are seeking developers and entrepreneurs with innovative Web3 dApp ideas and projects to build on our groundbreaking Post-Quantum, Sub-Zero Layer Blockchain. Participating projects can extend their security by leveraging our custom-built Decentralized Proof of Security (dPoSec) consensus mechanism and Swarm AI to ensure continuous verification and validation of your devices and networks as part of the Decentralized Trust Mesh.

The $50,000 Grant in $NAORIS

We are offering a $50,000 grant in $NAORIS to the winning project in our track. $NAORIS is the lifeblood of our ecosystem, rewarding devices for secure validations and facilitating a decentralized cyber-secure mesh that grows stronger with more participation. This grant aims to incentivize and support innovative solutions that align with our vision of a secure, transparent, and resilient digital future.

Ideal Projects

Naoris Protocol is looking for projects across a wide range of applications, including:

1. DeFi (Decentralized Finance)

  • Lending platforms
  • Decentralized exchanges (DEXes)
  • Yield farming and staking
  • Stablecoins
  • Prediction markets

2. DePIN Solutions

  • Blockchain-based file storage
  • Data availability layers
  • Distributed cloud services

3. NFTs (Non-Fungible Tokens)

  • NFT marketplaces
  • Digital art platforms
  • Gaming assets
  • Collectibles
  • Virtual real estate

4. DAOs (Decentralized Autonomous Organizations)

  • Governance platforms
  • Investment DAOs
  • Social and community DAOs
  • Grant programs

5. Metaverse Projects

  • Virtual worlds
  • Augmented reality (AR) applications
  • Virtual reality (VR) experiences
  • In-game economies

6. Web3 Bridges and Interoperability Solutions

  • Cross-chain bridges
  • Layer 2 scaling solutions
  • Protocols for interoperability between different blockchains

7. Identity and Authentication Solutions

  • Decentralized identity verification
  • Secure authentication protocols
  • Privacy-preserving identity solutions

8. Social and Content Platforms

  • Decentralized social networks
  • Content sharing and monetization platforms
  • Decentralized communication tools

9. Gaming dApps

  • Blockchain-based games
  • Play-to-earn ecosystems
  • In-game asset tokenization

10. Supply Chain and Logistics

  • Blockchain-based supply chain tracking
  • Provenance and authenticity verification
  • Decentralized logistics management

How to Participate

Registration: Now open!

Submissions: July 22 at 9:00AM GMT+1 to August 01 at 6:00AM GMT+1

Judging: August 01 at 9:00AM GMT+1 to August 15 at 6:00AM GMT+1

Winners Announced: August 24 at 2:00PM GMT+1

Do you have a groundbreaking idea for a Web3 dApp or a cool project?

This is your exclusive chance to develop it on the Naoris Protocol Post-Quantum Blockchain. Selected participants will have the opportunity to compete for a $50,000 grant in $NAORIS. Invitations will be sent to shortlisted candidates.

Sign up here and be part of the largest blockchain startup competition in the world.

Join us in revolutionizing and securing the digital world!

About Naoris Protocol

Naoris Protocol helps enterprises achieve Post-Quantum cybersecurity without relying on traditional centralized systems that are prone to single points of failure. This is achieved through the use of the Naoris Protocol Universal Trust Layer; a Sub-Zero blockchain technology powered by a novel consensus mechanism known as Decentralized Proof of Security (dPoSec)

Our disruptive design pattern makes networks safer as they grow, not weaker, by turning each connected device into a trusted validator node. A robust Blockchain protocol that every enterprise can use to protect against the escalating levels of cyber threat.

The more users, enterprises, and governance structures that use Naoris Protocol, creating networks of networks, the stronger and more secure it becomes.