Detailed Plan

During our time at EMURGO, we reviewed many investment proposals by different companies in the DeFi space and worked with DLab (SOSV's blockchain venture studio) for investments into the DeFi ecosystem since 2018. We intend to leverage our experience in DeFi on top of the blockchain domain expertise at dcSpark & Milkomeda to host a virtual hackathon.

The funds will be used for the prize pool for the hackathon and Milkomeda will cover the other costs associated with holding the event (we will only use at most 5K from the budget for event-related expenses)

If funded, the event will take place in the first half of 2022

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Milkomeda is a protocol to give EVM capability to Cardano through a sidechain with ADA as the base asset.

dcSpark is a crypto ecosystem builder company. We build critical infrastructure for promising crypto projects that we are passionate about such as Cardano. dcSpark was founded by three former EMURGO members who have been deeply involved in the Cardano ecosystem for years.