Yesterday, Amazon introduced an initiative that gives a complete of $190,000 in prizes for the combination of AI and blockchain.
The initiative is by Unstoppable Domains and in addition entails Amazon Internet Providers.
Prepare!
We’re teaming up with @awscloud to host a Web3 and AI Hackathon on @devpost
$190,000 is up for grabs in UD and AWS Activate credit for blockchain and AI app builders leveraging Amazon’s Kendra AI, Unstoppable’s Decision, and Associate APIs. 🧵 pic.twitter.com/80YEzgj0xA
— unstoppable.austin (@unstoppableweb) March 25, 2024
Amazon’s involvement in blockchain and AI expertise
Amazon has not made any public announcement about this initiative, neither on its primary channels nor on these of AWS (Amazon Internet Providers).
Nevertheless, Unstoppable Domains claims that it’s an initiative organized by them in partnership with AWS.
In actual fact, the rewards will likely be distributed in UD credit and AWS Activate.
I AWS Activate credit are official AWS credit that assist startups cut back prices and improve pace to market.
So it appears that evidently Amazon Internet Providers is definitely concerned within the Unstoppable Domains initiative, since AWS Activate credit are issued straight by AWS.
Round it AWS, or Amazon Internet Providers, is the division of Amazon that gives cloud companies and internet hosting to many web sites and on-line operators. For instance, it seems that many Ethereum nodes are hosted on AWS servers.
AWS additionally affords blockchain-related companies for a number of years, a lot in order that their official web site even has a devoted part for this expertise.
Unstoppable Domains
Unstoppable Domains as an alternative is an organization based in 2018 to supply Web3 domains primarily based on blockchain.
These blockchain domains present their homeowners with full possession and management over digital identities, and don’t have any renewal prices.
Moreover, they permit customers to interchange advanced pockets addresses with simply readable, comprehensible, and memorable names to facilitate interactions throughout a variety of apps, wallets, and platforms.
Amongst all of the unstoppable domains, probably the most well-known ones are undoubtedly the .eth.
Amazon: The hackathon for the combination of AI and blockchain
The initiative by Unstoppable Domains in partnership with AWS is definitely a hackathon.
Its purpose is to leverage the collaborative energy of AWS cloud computing capabilities and Unstoppable Domains’ blockchain-based digital identification options to encourage builders to create progressive web3 and AI functions that harness the safety and transparency of the blockchain, whereas exploring the potential of Web3 digital identification.
Members who create new functions can have entry to the vary of AWS cloud companies and Unstoppable Domains APIs.
The worldwide digital hackathon for Web3 builders will likely be hosted on Devpost.com.
The occasion will spotlight the combination of the AWS synthetic intelligence stack, the UD decision API, and the UD accomplice API to reinforce the utility of Web3 domains and AWS cloud companies.
The hackathon will likely be judged by thought leaders from Unstoppable Domains and AWS with a variety of experience in synthetic intelligence, blockchain, and cloud computing.
The occasion additionally contains digital workshops that can present technical insights and query and reply periods to help builders throughout the hackathon.
The awards
The prizes will likely be distributed with a mixture of UD credit and AWS Activate credit.
The winners will likely be assured entry to premium sources to hold out their tasks.
The tasks, and subsequently the prizes, of the hackathon are primarily based on three distinct paths: instruments primarily based on synthetic intelligence, downside fixing and consumer expertise, and digital identification.
For every path, the primary place winner will obtain $10,000 in AWS Activate credit, $18,000 in UD credit, and a distinguished placement within the UD Market, whereas the second place winner will obtain $5,000 in AWS Activate credit, $10,000 in UD credit, and a distinguished placement within the UD Market.
The third place winner will likely be awarded with $5,000 in AWS Activate credit, $6,000 in UD credit, and a featured spot within the UD Market.
Moreover, every taking part crew that meets the factors of the hackathon and qualifies for the AWS Activate Founder credit bundle will obtain $1,000 in UD credit.
Unstoppable Domains invitations builders obsessed with synthetic intelligence, blockchain, and Web3 applied sciences to take part on this hackathon and discover the chances on the intersection of those fields.
The remark
The COO of Unstoppable Domains, Sandy Carter, said:
“It’s thrilling to collaborate with AWS Startup and Devpost to encourage and promote innovation to create a bridge between Web3 applied sciences. We stay up for seeing what builders will have the ability to construct and convey to life on the hackathon.”