Supra, a fully integrated Layer-1 blockchain platform, has announced the launch of its inaugural competition, the Super dApp showdownaccording to the most recent updates shared with Finbold on June 13.
The competition, which will start in August 2024, aims to showcase innovative decentralized applications (dApps) or Super dApps, created by the best blockchain developers.
A jury, including representatives from Supra, Google Cloud, Republic Crypto and Hashkey Capital, will judge the entries.
The Super dApp Showdown
The Super dApp Showdown invites developers to build on Supra’s Layer-1 network with Multi-VM support, in-protocol oracles, verifiable random function (VRF), bridges and automation features.
Participants will compete for a share of a $100 million fund and have the opportunity to showcase their dApps to an audience of more than 500,000 token holders on Supra’s community platform, Project explosionand a community of 1.3 million email subscribers.
Every week there is a winner, whose dApp will be visible on the website Shoot away platform, which offers users missions and quests to learn more about the project.
Developers can choose the rewards for user engagement, including prizes, airdrops, in-game assets, and non-fungible tokens (NFTs).
Joshua Tobkin, CEO and co-founder of Supra, expressed his excitement about the partnership with Killer Whales, saying:
“We are thrilled to be working with Killer Whales as our media partner for the Super dApp Showdown and beyond. At Supra, we understand that attracting the right builders and founders requires a combination of capital and exposure. In addition to access to Supra’s $100 million Ecosystem Fund and 500,000 verified token holders, projects will also have the opportunity to appear on Killer Whales, benefiting from their exceptional team, high-quality production and significant visibility.”
— Joshua Tobkin, CEO and co-founder of Supra
Integrating blockchain services into a powerful stack
Supra’s Layer-1 Network integrates key blockchain services, such as industry-leading price feeds, automation, and bridges, into a powerful stack.
The network supports Multi-VM deployment, allowing developers of MoveVM and Ethereum Virtual Machine (EVM) chains to participate, with future support for SolanaVM and CosmWasm.
Powered by the Moonshot consensus mechanism, Supra’s L1 offers exceptional speed and security, processing 530,000 transactions per second with near-instantaneous finality.
Supra’s Distributed Oracle Agreement
Supra’s Distributed Oracle Agreement (DORA protocol) provides real-time data accessibility, improving the functionality of dApps for decentralized finance (DeFi), GameFi and more.
The platform also includes Supra dVRF, a decentralized verifiable randomness generator used for transparent and unpredictable results.