The #Avalanche blockchain is rustling up a wild opportunity for developers with the eERC20 Developer bounty âa $10,000 prize pool to build privacy-focused apps and tools usinâ 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 youâre a seasoned coder or a greenhorn looking to make a name, this bountyâs got two tracks to stake your claim:
the App Track ($7,500) and the Tooling Track ($2,500).
Deadlineâs June 1, 2025, so grab your spurs and letâs mosey through what this bountyâs all about.
Whatâs the eERC20 Standard? đş
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. Itâs 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 Avalancheâs C-Chain and AvaCloud L1s, eERC20 offers modularity (customizable features like minting or burning) and slick UX for developers and users alike.
Itâs perfect for compliance-heavy use cases like banking, healthcare, or gamblingâall without sacrificing Avalancheâs lightning-fast transactions.
The Bounty: Two Tracks to Ride đ¤
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, hereâs the lowdown on the two tracks:
App Track ($7,500 in Rewards)
What to Build: Create a working app showing off eERC20âs 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 eERC20âs privacy features.
Inspiration:
Private Voting DApp: A DAO votinâ 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 keepinâ 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 deployinâ eERC20 contracts via Avalanche CLI.
Why Developers Should Join đ¨đ˝âđť
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 Nâs Avalanche L1).
Modularity: Customize tokens with features like private mintint or burning, giving you flexibility to craft unique solutions.
Scalability: Avalancheâs 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 Avalancheâs growinâ ecosystem.
Community Support: Join for tech help and feedback.
Use Cases For Insights đ
Gaming: Build private in-game economies, like tokens for MapleStory N that hide player balances.
DeFi: Create private lending or trading apps, keepinâ user transactions confidential.
Real-World Assets (RWA): Tokenize assets like bonds or real estate with privacy, as seen with Securitizeâs 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 đ
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 đ
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 eERC20âs zero-knowledge proofs protect users, e.g., in a voting DApp.
Use Visuals: Include diagrams (e.g., eERC20âs 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 đ
The eERC20 Developer Bounty is your chance to ride into Avalancheâs privacy frontier, build something groundbreaking, and snag up to $4,000 in USDC. Whether youâre crafting a private voting DApp or a slick deployment tool, Avalancheâs fast, low-cost blockchain is your open range.
Saddle up, head to the Avax bounty, and submit by June 1, 2025.
Letâs build the future of private Web3!
Trivia Questions â
Which Blockchain is affiliated with this bounty?
- Arbitrum
- Bitcoin
- Ethereum
- Binance Smart Chain
- Others (Comment below)
Comment your answer below đđ˝
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Goodluck!!!
Disclaimer đ
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. đđ˝
