HECO Master Builders (Phase I)
Connect Master Builders and Shape Their Future
I. What is HECO Master Builder?
HECO Chain is a cost-efficient and completely public blockchain designed to help developers quickly deploy and expand applications, which supports hundreds of development teams and millions of users around the world.
To better support innovators and contributors in the HECO system, HECO Chain will officially launch the HECO Master Builders program on December 2nd, 2021. The objective of the program is to link Demo Day, Grant, Hackathon and other series of developer support programs to the high-quality projects in innovative DeFi, GameFi, Metaverse, Web3, initial assets offering platforms, and infrastructure and data services, and to facilitate their growth and prosperity. HECO looks forward to building a new era of innovation together with the Master Builders.
II. How to Join
a. If the project has been running for some time and has achieved good results
HECO will invite the project team to participate in the election of Master Builders. As long as the team completes its deployment in HECO before 24:00 on January 31, 2022 and passes the security audit, it can participate by filling out the form :
https://forms.gle/SpqFrex81KEoE9NS7
The elected projects can be awarded the qualification of listing tokens on Huobi Global or the investment incubation opportunities offered by the HECO Fund.
b. If the project is still at an early stage
By participating in DEMO DAY, Hackathon, Grant (HECO Gaming Accelerator, HECO’s Developer Empowerment Program), the project can gain promotional impressions on channels of many well-known investors and partners. HECO will fully support and promote high-quality projects which can be invested by HECO Grant, other investors or partners.
· Registration for Demo Day（Dubai Venue）
https://www.eventbrite.com/e/heco-global-demo-day-dubai-station-tickets-219055138817
· Previous Hackathons
HECO Gaming Hackathon 2021: Hack your HECO! — Devpost
HECO Global Hackathon — Round 1: Hack your HECO! — Devpost
· Registration for Grant
https://docs.google.com/forms/d/e/1FAIpQLSfhL3ry29YgEkteJNIbFMyMyE9FYhh6wfeUDPFBN7NEGX96TQ/viewform
III. Schedule of Event
IV. Rules
a. Scoring Criteria
The HECO Master Builders (Phase I) scoring criteria include the main and supplemental criteria (see the Scoring Criteria), including but not limited to the following references: security audit, project innovation ability, product maturity, data growth ability and community activity, brand reputation, etc.
b. Setting of Judging Panel
a) HECO Master Builders (Phase I) will be presided over by HECO DAO and HECO Fund as the Judging Panel who will adjust the evaluation weight based on the features of the six major fields and finally elect the projects with “TOP10 Comprehensive Scores”. The elected projects will directly gain the title of Master Builders and HECO’s rich supporting resources. At the same time, the projects will be eligible for the review and voting phase. And these projects can further compete for “being recommended to Huobi Global for reviewing qualification of token listing or to HECO Fund for investment incubation”.
b) HECO Master Builders (Phase I) has set up a Review Committee with investment institutions, developer organizations, incubators, Initial assets offering platforms, Infrastructure and security audit agencies as its main members. The Review Panel will vote for TOP1 of six major fields from the projects with “TOP10 Comprehensive Scores” and the elected project will be awarded the “qualification of being recommended to token listing on Huobi Global or investment incubation opportunities provided by the HECO Fund”. At the same time, the Review Committee will act as the sponsor of HECO Master builders to propose high-quality projects to HECO. Each recommending channel is entitled to priority right of reviewing over public election channels.
c) HECO would like to invite more investment institutions, developer organizations, incubators, Initial assets offering platforms, Infrastructure and security audit agencies to join the Review Committee.
The review committee for this event is as follows (logos are arranged in the order of registration)
c. Announcement of Winners
The final election result of HECO Master Builders (Phase I) will be announced on HECO official channels on February 18, 2022.
V. Key Incentives
a. HECO Master Builders (Phase I) will elect 10 gold-medal innovative projects according to the comprehensive criteria and the elected projects will receive the following solid supports from HECO:
· Access to HECO social media resources,
· Gaining guidance on eco models,
· Opportunity to be recommended to leading venture capital, and/or
· Gaining the HECO creation NFT badge, which is the proof of obtaining more derivative interests in the HECO system.
b. TOP1 of each field is voted by the Review Committee and will win one or two of the following awards (determined by the growth stage of the project):
· Eligibility to be recommended to Huobi Global’s token-listing reviews
· Obtaining a total of 2 million US dollars of investment and solid incubation places from the HECO Fund.
VI. Recap of Previous Programs
a. A total of 363 projects participated through previous We Make Future Program, and 15 projects gained support and incentives from HECO.
b. A total of 31 projects gained the developer support bonus from HECO Chain through Hackson or Grant.
VII. Judging Panel
HECO Fund
HECO ecological foundation offers supports in fund, technologies, brand promotion and networks for high-quality development teams.
HECO DAO
Decentralized Autonomous Organization, or DAO. The aim of the DAO is to initiate the decentralized governance of major issues on the network, such as technology, assets, and ecological development, with the goal of accelerating the decentralization process, DAO is a form of governance that gives specific privileges, including members’ voting rights, so they can confer and agree on critical decisions regarding the project, and all processes approved by the DAO are carried out on the chain.
About HECO
HECO Chain is a decentralized, high-efficiency, and energy-saving public chain, and the first product launched on the HECO Chain Open Platform. On the basis of supporting high-performance transactions, the compatibility of smart contracts is realized. HECO Chain’s native digital asset is HT, which uses the HPOS consensus mechanism.
· HECO Website
· HECO Twitter and Telegram Channel (For the latest news)
· HECO Telegram Community
· HECO Explorer
