SEPTEMBER 26, 2022, DUBAI — Polygon, the leading Web3 infrastructure used by some of the world’s biggest companies including Meta, Stripe, and Reddit, and Xend Finance, the leading global crypto bank, today announces Polygon Fellowship, an eight-week intensive certified mentorship program and hackathon in Africa. The Polygon Bootcamp and Hackathon will be the company’s first in Africa and introduces developers in the region to the Polygon ecosystem using Xend Finance and Polygon technologies.
Those chosen for the mentor-led program will learn how to build decentralized apps on the Polygon blockchain and receive the official Polygon Africa Bootcamp Certification upon completion. Mentors and judges include Shodipo Ayomide, Global Head of Developer Advocacy of Polygon, Ugochukwu Aronu, CEO of Xend Finance, Victor Osaretin Asemota, and Yele Bademosi, CEO of Nestcoin, amongst others.
“Africa has the greatest potential to harness the power of Web3 and bring a borderless economy and stability to its people,” said Sandeep Nailwal, COO and Co-Founder of Polygon. “We are excited to hold our first hackathon and fellowship in Africa, which we hope to do for years to come.”
Polygon and Xend Finance are expecting more than 2,000 developers, working with numerous developer organizations in Africa, including GDG Nairobi, amongst others. The Polygon Bootcamp is open to all applicants, with the application period starting today, September 26, and the deadline commencing on October 7.
Those selected will start the program on October 10 and end on December 2. Over $60,000 in prizes will be given out following the Hackathon, with two divisions –a Beginner’s and Master’s – with first place receiving $10,000, followed by $7,000, $5,000, and $750 for the top 30 projects. The winning projects will also be given consideration for seed funding from Polygon and exposure on Xend Launchpad, a decentralized platform giving projects exposure to international investors.
“As a Web3 infrastructure for developers, which includes a crypto payment API and wallet infrastructure, we are very excited to help a generation of developers reach a global audience,” said Ugochukwu Aronu, CEO of Xend Finance. “Working with Polygon allows our existing developer base, along with new developers, to tap into the power of the Polygon blockchain and ecosystem using our technology. We are Africa and we are proud to support our community.”
Find out more about the Polygon Bootcamp and how to apply here: https://polygon.technology/africa-bootcamp
About Polygon
Polygon is the leading blockchain development platform, offering scalable, affordable, secure, and sustainable blockchains for Web3. Its growing suite of products offers developers easy access to major scaling solutions including L2 (ZK Rollups and Optimistic Rollups), sidechains, hybrid, stand-alone and enterprise chains, and data availability. Polygon’s scaling solutions have seen widespread adoption with 19,000+ decentralized applications hosted, 1.6B+ total transactions processed, 142M+ unique user addresses, and $5B+ in assets secured. Polygon is carbon neutral with the goal of leading the Web3 ecosystem in becoming carbon negative.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your dApp, get started here.
About Xend Finance
Xend Finance is a global crypto bank offering up to 15% interest, with an open Web3 infrastructure for developers. Members can earn multiple levels of interest on their savings by seamlessly exchanging their crypto or fiat currency to stable cryptocurrencies and staking on the Xend Finance platform. The company’s Cross-Chain High Yield Aggregator is the first product in the industry that automatically scans and ensures the highest yields across multiple chains.
The international team is made up of professionals with backgrounds in mathematics, finance, cryptography, and blockchain development, working for KPMG, Chevron, Huobi, and Stanbic Bank. Xend Finance is backed by Binance, Google Launchpad, NGC Ventures, Hashkey, and AU21 Capital, amongst others.
Find out more here: https://xend.finance/
