The
#Avalanche blockchain is rustling up a wild opportunity for developers with the eERC20 Developer bounty —a $10,000 prize pool to build privacy-focused apps and tools usin’ the new eERC20 token standard. Developed by AvaCloud, eERC20 is like a trusty steed for confidential transactions, keeping your financial data under wraps while riding the Avalanche
$AVAX wave.
Whether you’re a seasoned coder or a greenhorn looking to make a name, this bounty’s got two tracks to stake your claim:
the App Track ($7,500) and the Tooling Track ($2,500).
Deadline’s June 1, 2025, so grab your spurs and let’s mosey through what this bounty’s all about.
What’s the eERC20 Standard? 🔺
Picture the Wild West of blockchain: everyone can see your gold (or wallet balances) in plain sight. The eERC20 standard, cooked up by AvaCloud, is like a lockbox for your crypto. It’s a privacy-focused twist on the ERC-20 token, using zero-knowledge proofs and homomorphic encryption to hide balances, assets, and spending habits while keeping transactions auditable.
Built for Avalanche’s C-Chain and AvaCloud L1s, eERC20 offers modularity (customizable features like minting or burning) and slick UX for developers and users alike.
It’s perfect for compliance-heavy use cases like banking, healthcare, or gambling—all without sacrificing Avalanche’s lightning-fast transactions.
The Bounty: Two Tracks to Ride 🤖
The eERC20
#Developers Bounty is like a wanted poster calling for builders to show off their skills. With $10,000 in USDC up for grabs, here’s the lowdown on the two tracks:
App Track ($7,500 in Rewards)
What to Build: Create a working app showing off eERC20’s privacy powers. Think private voting DApps, anonymous reward systems, or a tipping bot for X that keeps wallets hush-hush.
Prizes:
1st: $4,000;
2nd: $2,000;
3rd: $1,500.
Deliverables: A frontend + backend app, GitHub repo with a README, and a video demo.
Judging Criteria: Functionality, code quality, innovation, user-friendliness, and creative use of eERC20’s privacy features.
Inspiration:
Private Voting DApp: A DAO votin’ system where token-weighted votes stay confidential.
Anonymous Rewards: Reward users without exposing wallet details, like a loyalty program for shops.
Cross-L1 Bridge: Move eERC20 tokens between Avalanche subnets while keepin’ privacy intact.
Tipping Bot: A bot for private tips on X or Farcaster using eERC20.
Tooling Track ($2,500 in Rewards)
What to Build: Develop tools, tutorials, or SDKs to make eERC20 easier for other developers to use. Think CLI tools, GUIs, or step-by-step guides.
Prizes:
1st: $1,500 (best tool);
2nd: $500 (tool);
$500 (best guide).
Deliverables: A CLI/GUI tool or SDK, a tutorial (text or video), and a GitHub repo with docs. Bonus points for integration into Avalanche Academy or Builder Hub.
Judging Criteria: Functionality, code quality, educational value, and developer experience (DX).
Inspiration: A no-code token launcher for eERC20 or a video guide on deployin’ eERC20 contracts via Avalanche CLI.
Why Developers Should Join 👨🏽💻
Privacy is the New Frontier: eERC20 lets you build apps where users control their data, perfect for industries like finance or gaming (e.g., MapleStory N’s Avalanche L1).
Modularity: Customize tokens with features like private mintint or burning, giving you flexibility to craft unique solutions.
Scalability: Avalanche’s near-instant finality and low fees (<$1) make eERC20 apps fast and affordable.
Bounty Rewards: Up to $4,000 for top apps, plus recognition in Avalanche’s growin’ ecosystem.
Community Support: Join for tech help and feedback.
Use Cases For Insights 🌐
Gaming: Build private in-game economies, like tokens for MapleStory N that hide player balances.
DeFi: Create private lending or trading apps, keepin’ user transactions confidential.
Real-World Assets (RWA): Tokenize assets like bonds or real estate with privacy, as seen with Securitize’s Treasury fund.
Social Platforms: Deploy anonymous tipping or reward systems for platforms like X.
Loyalty Programs: Offer private loyalty points for businesses, trackable without exposing user behavior.
How to Join the Program 💭
Pick a Track: Choose App or Tooling based on your skills.
Get the Tools: Start with the eERC20 G-hub repo and Avalanche CLI.
Build Your Project: Create an app or tool, document it, and record a demo.
Submit your project on the forum.
Spread the Word: Post your project on X, with @ AvaCloud and @ avax.
Tips for winning the Prize 🏆
Keep It Simple: Make your app or tool easy for non-tech folks to use, like a no-code token launcher.
Showcase Privacy: Highlight how eERC20’s zero-knowledge proofs protect users, e.g., in a voting DApp.
Use Visuals: Include diagrams (e.g., eERC20’s encryption flow) or screenshots to stand out.
Engage the Community: Share WIPs on X with hashtag eERC20 and AvaCloud to get feedback and boost virality.
Final Word 📚
The eERC20 Developer Bounty is your chance to ride into Avalanche’s privacy frontier, build something groundbreaking, and snag up to $4,000 in USDC. Whether you’re crafting a private voting DApp or a slick deployment tool, Avalanche’s fast, low-cost blockchain is your open range.
Saddle up, head to the Avax bounty, and submit by June 1, 2025.
Let’s build the future of private Web3!
Trivia Questions ❓
Which Blockchain is affiliated with this bounty?
- Arbitrum
- Bitcoin
- Ethereum
- Avalanche
- Binance Smart Chain
- Others (Comment below)
Comment your answer below 👇🏽
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Goodluck!!!
Disclaimer 🛑
This post is for Educational Purposes Only and not to be regarded as a financial advice.
Please, always do your own research before you invest in any cryptocurrency. 🙏🏽