Thomas Daniels
The BNB AI Hack, an AI-focused hackathon created to combine blockchain technology and artificial intelligence, has been launched by BNB Chain. According to a press release shared with crypto.news, the event, which is sponsored by APRO, Solidus AI Tech, ASI Alliance, Netmind, USDX, and Unibase, invites developers to create AI-powered solutions within the BNB Chain ecosystem.
In contrast to traditional hackathons, BNB AI Hack has an open schedule, so participants can submit their work whenever they like. Projects are reviewed every two weeks in lieu of having set deadlines, which offers ongoing input and chances for improvement.
Important Development Paths
The hackathon focuses on a number of innovative topics, such as:
- Trading bots powered by AI
- Tools for decentralized data analysis
- Financial advising services driven by AI
- Technologies for identity verification
Gaming, corporate intelligence, and more extensive AI connections inside blockchain ecosystems are further areas of focus.
Prize Pool for the Hackathon
Three layers make up the competition’s hierarchical award system:
Tier 1 includes marketing assistance, an MVB interview, a $10,000 cash reward, $50,000 in kickstart money, and admission to a BIA demo.
Tier 2: mentorship possibilities, a special demo session, $50,000 in funding, and a $7,000 award.
Tier 3: $50,000 in cash, a $3,000 award, and extra resources for development.
Positioning itself at the vanguard of AI-blockchain convergence, BNB Chain hopes to increase the ecosystem’s usefulness, effectiveness, and acceptance by promoting AI-driven blockchain solutions.
