The New Stellar Initiative Crowdsources Ideas for WEB3 Innovation

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As a seasoned researcher with over two decades of experience in the tech and crypto space, I can confidently say that the Stellar Development Foundation’s (SDF) new initiative, Build Better, is a breath of fresh air in an industry often marred by hype and speculation. The crypto winter has indeed sifted through the noise, leaving behind only projects with substance, and it seems that SDF is one of them.

Under the banner of the Stellar Development Foundation (SDF), they’ve introduced “Build Better”, an innovative program designed to convert community wisdom into tangible, real-life effects.

After separating the hype from reality during the cryptocurrency winter, only projects with genuine value remain. As the crypto community anticipates a future bull market, numerous overly hyped and speculative initiatives have vanished, leading us to wonder: What’s coming next for Web3, and will it ultimately bring it into mainstream acceptance?

The core allure of Web3 continues to be just as attractive: it aims to revamp antiquated systems, foster fair participation, and unveil innovative avenues for creativity and worth trading. Stellar, a blockchain known for its practical uses, is furthering this mission with the introduction of Build Better.

On Build Better, everybody is welcome to contribute groundbreaking thoughts. This platform aims to connect the community with innovators, transforming innovative ideas and insights into practical solutions.

Giving voice to the community

In the initial stage of Build Better, we aim to amplify the perspectives of our community. During this time, we inspire builders to express their boldest concepts and requirements related to three key aspects where Web3 technology can bring about significant progress. These are:

For approximately two months, the SDF will interact with the community using the Build Better platform, collecting suggestions through surveys, inquiries, and video entries. Although polls and questions can stimulate ideas and conversations, only video submissions are considered valid entries for the contest, which focuses on addressing a central question: “What would you improve or create differently?

On the Build Better platform, every video you submit stands as an opportunity to win from multiple prize packages worth a total of $30,000, paid in USDC. For detailed information about this competition and to submit your ideas, visit the official site.

Once the deadline passes, SDF will gather the collective suggestions from the community and turn them into practical paths for the Build Better Hackathon. These paths will direct developers’ work towards resolving real-life issues, making sure that this project not only sparks ideas but also produces tangible solutions.

Why you can Build Better on Stellar

As stated by SDF, Build Better isn’t just a hackathon – it’s a progressive initiative aimed at integrating Web3 technology with the dreams and goals of its users. It offers a platform for discovering flawed systems, envisioning superior solutions, and bringing those ideas to life.

As a researcher, I’m excited to delve into the world of Stellar blockchain, which empowers over half a billion tokenized assets and bridges more than a quarter-million cash-to-crypto onramps across 180 diverse nations. My latest project, Build Better, is an essential evolution in our mission at SDFr to create meaningful and impactful solutions.

As a network analyst, I’m proud to be part of a platform that boasts over 550 million tokenized assets, 475,000+ crypto ramps, and spans across 180+ countries – all powered by the Stellar network. By choosing Stellar, we’re collectively creating a more connected, efficient, and inclusive digital economy. #BetterOnStellar

— Stellar (@StellarOrg) November 18, 2024

Turning ideas into action

Individuals who are constructors, innovators, dreamers, and those with groundbreaking concepts can participate in various ways with the Build Better initiative. They may express their aspirations for a more promising tomorrow via the Build Better platform, engage in discussions on social media using #BetterOnStellar to connect with similar thinkers, or keep an eye out for upcoming hackathons, all driven by this program.

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2024-12-11 18:55