Solana Foundation Announces x402 Hackathon Offering $50,000 In Prizes To Advance The Future Of Digital Payments

Public blockchain platform Solana introduced the launch of the x402 hackathon, which inspires builders to create improvements on the frontier of funds which can be internet-native and designed for AI. The occasion will proceed by November. 

Developed by the Coinbase developer platform, x402 capabilities as an internet-native funds protocol geared toward simplifying the method of conducting digital transactions. 

Participants within the hackathon are anticipated to create merchandise that showcase how customers, retailers, and brokers can interact with paid net providers working completely on the x402 protocol, with Solana serving because the core infrastructure. 

The hackathon incorporates a complete prize pool of $50,000 distributed throughout 5 tracks, every providing a $10,000 prime award. The tracks embody Trustless Agent Implementation specializing in identification, repute, and validation; x402 API Integration protecting agent-to-agent and micropayments; MCP Server addressing Model Context Protocol servers; x402 Developer Tool emphasizing SDKs, infrastructure, and libraries; and x402 Agent Application highlighting actual AI agent use instances. 

The initiative is organized by the Solana Foundation in collaboration with Coinbase Developer Platform, Phantom, Merit Systems, Corbits, Crossmint, PayAI Network, ATXP, Gradient, Coral Protocol, and Trends.enjoyable. 

According to the revealed timeline, the kickoff befell on October twenty eighth, the constructing section runs from October twenty eighth to November eleventh, submissions are due by November eleventh, and winners will probably be introduced on November seventeenth.

Developers To Build Open-Source AI Agent Infrastructure And Payment Solutions Using x402 Protocol

The hackathon is carried out remotely, with members anticipated to develop open-source infrastructure and purposes that contribute to the development of the agent economic system on Solana. The goal is to design instruments that allow AI brokers to carry out autonomous transactions, create progressive fee mechanisms, or construct purposeful agent-based purposes. The initiative presents a possibility to form the best way autonomous brokers interact with the digital economic system. 

As outlined within the submission necessities, all submitted code have to be open supply. Each mission should combine the x402 protocol or related agent infrastructure throughout the Solana ecosystem. All packages are required to be deployed on both the Solana devnet or mainnet. Participants should additionally present an indication video not exceeding three minutes to showcase their mission and embody complete documentation detailing how the mission may be operated and utilized.

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