We're thrilled to announce our latest partnership with ETH Lisbon, a top hackathon bringing together the brightest minds in the web3 space. This collaboration is a testament to our commitment to nurturing and propelling the next generation of web3 builders.
The Scholarship: Talent Protocol is sponsoring 5 builders with a $500 scholarship each, allowing them to travel to Lisbon and immerse themselves in the ETH Lisbon hackathon experience. That's a total of $2.5k dedicated to fostering talent and innovation.
Application & Selection Process: If you're familiar with our Take Off Istanbul initiative, you'll find the application and selection process for ETH Lisbon quite similar. For those new to the process, see the details below
Key Dates: We're opening both applications and voting on Sep 29th. Voting will run until Oct 5th at 23:59 GMT+1, and we'll announce the 5 lucky winners on Oct 6th.
Two Opportunities, One Platform: For the first time, we'll have two scholarship applications live simultaneously on the Talent Protocol app - one for Devconnect and the other for ETHLisbon. Double the opportunities, double the fun!
How to Apply
Ready to be a part of this? Applications are officially open until October 5th. For a detailed step-by-step guide on the application process, head over here.
Don't wait. Submit your application today. The earlier, the better.
How Does the Selection Work?
This time, we're doing things a bit differently. Instead of the Talent Protocol team selecting the winners, we're empowering our community to vote for their favorite candidates.
The voting mechanism is designed to be as fair as possible, by following these 3 principles:
- Voting isn't free: a very small financial cost can go a long way to prevent bots and fake votes, while also making sure voters are engaged and motivated in the selection process.
- Dynamic pricing: not all votes cost the same; voting on popular candidates, who are more likely to win, should cost more than voting on hidden gems.
- Voting cost increases linearly: the first vote costs 1 $TAL, the second 2 $TAL, the third 3 $TAL, and so on.
This isn't change for the sake of change. We're on a mission to make the process more democratic and engaging, and to explore new utilities for the $TAL token.
Why Should I Pay to Vote?
Voting isn't just a process; it's an experience. Voting shouldn't only be fair, but also fun and rewarding (both financially and emotionally).
The cost of a vote is very little, but it can mean the world to the person you’re helping. This should be your main motivation to vote...but there's more. If you've got a knack for spotting winners, there's a $TAL bonus waiting for you.
The prize pool, after a 10% protocol fee, will be redistributed among those who backed the winning horse, ensuring everyone has a stake in the game.
All $TAL spent on votes goes into a prize pool. After a 10% protocol fee deduction, this pool will be redistributed among those who voted for the winners (proportionally to their winning votes), ensuring everyone has a stake in the game.
The more the total votes, the bigger the prize pool. And the more winning votes you have, the bigger the share of it you’ll get. It’s a win-win outcome for all.
upd: ETHLisbon scholarship winners 🇵🇹
As time goes by, we're now thrilled to introduce the five talented builders who will be joining us at the ETH Lisbon hackathon. You can explore them here. Congratulations to the winners👏
We're beyond excited about this partnership and the opportunities it presents for our community. Whether you're a seasoned web3 builder or just starting out, ETH Lisbon offers a unique platform to learn, innovate, and connect. So, gear up and let's take this journey together!
Stay curious, stay connected, and let's take off together in Lisbon! 💜