Originally published on: December 11, 2024
The Stellar Development Foundation (SDF) is shaking up the crypto community with its latest initiative, Build Better. This new project focuses on harnessing community insights to drive real-world impact and innovation in the realm of Web3.
With the crypto winter weeding out fluffy projects, the time is ripe for substantial and game-changing ideas to take center stage. As anticipation grows for the next bull cycle, the spotlight is on Web3 and its potential to revolutionize the mainstream.
Web3’s core promise of transforming outdated systems, fostering inclusivity, and enabling novel forms of value exchange is as alluring as ever. Stellar, known for its practical blockchain solutions, is doubling down on this promise with Build Better.
Build Better is a platform where everyone can contribute their most groundbreaking ideas. This initiative acts as a crucial link between the community and developers, bridging insights and concepts into tangible solutions.
The initial phase of Build Better focuses on amplifying community voices. Builders are encouraged to share their boldest ideas and needs in areas where Web3 can drive significant change. These include reimagining financial systems, empowering artists and creators, and enhancing participation in the digital economy.
For over eight weeks, SDF will engage with the community through Build Better, using polls, questions, and video submissions to gather insights. While polls and questions spark dialogue, only video submissions qualify for entry into the contest by answering the key question: “What would you build better?”
Participants can win from a $30,000 prize pool in USDC by submitting their video entries on the official Build Better website.
Following the submission period, SDF will translate the community’s ideas into actionable tracks for the Build Better hackathon. This process ensures that the initiative moves beyond ideation to deliver concrete solutions to real challenges.
Build Better isn’t just a hackathon; it’s a movement to unite Web3 technology with user aspirations. It’s a chance to identify flaws in existing systems, dream up superior alternatives, and bring them to life.
With over 550 million tokenized assets and connections to 475,000+ cash-to-crypto ramps across 180 countries, Stellar is already making waves. Build Better is the next step in SDF’s mission to drive impactful change using blockchain technology.
From creators to innovators, anyone with transformative ideas can get involved in the Build Better movement. Whether through the Build Better site, social platforms using #BetterOnStellar, or upcoming hackathons inspired by the initiative, the door is open to shape a better future through innovation.
Disclaimer: This article is a sponsored piece and does not constitute investment advice. Readers are encouraged to conduct their own research before making any decisions related to the content mentioned.
