Metis Token to Hold Hackathon on May 16th
Metis Token is set to sponsor one of Canada’s largest hackathons, HawkHacks, which is organized by and for students. The event is scheduled to take place from May 16 to May 19. Metis Token will also host a bounty with a prize of $1000.
Refer to the official tweet by METIS:
Metis🌿@MetisL2May 16, 2024We are proud to be a sponsor of HawkHacks this weekend, May 16-19, hosted at Wilfrid Laurier University!#HawkHacks is one of Canada’s largest hackathons, made by & for students! 🧑â€🎓
We are hosting a bounty with a $1000 prize! Stay tuned for details.
METIS Info
Metis is a Layer 2 Rollup platform built on the Ethereum network that aims to tackle some of the key challenges faced by the main net Ethereum — namely transaction speed, cost, and scalability. It achieves this by offering a framework for simple, rapid deployment of smart contracts within the network, thereby facilitating seamless and efficient operations on the Ethereum blockchain.
At the core of Metis’s offerings are several key features: Metis Oracles, Metis Nodes, and Metis SubGraph. Metis Oracles provide real-time data from external sources, connecting blockchains to external systems and supplying smart contracts with crucial outside information. Metis Nodes, which store a complete copy of the distributed network, enhance security and reliability. Lastly, the Metis SubGraph serves as an indexing protocol for gathering, processing, and storing data for use in the blockchain network, aiming to ease information retrieval through a service known as GraphQL. These combined features position Metis as a significant player in improving the functionality and performance of the Ethereum network.
METIS is an ERC-20 governance token compatible with the Ethereum blockchain network. The main use cases for the METIS token are paying transaction fees on the Metis network and staking.