Arbitrum, a prominent layer-2 scaling solution for Ethereum, has taken significant steps to enrich its ecosystem by officially integrating with Farcaster, the decentralized social networking protocol.
This integration means that Arbitrum transactions are now fully supported on Farcaster, expanding opportunities for developers and users in both communities. To celebrate this milestone, a “Frame It” buildathon has been launched to inspire innovative developments within the ecosystem.
The “Frame It” buildathon encourages developers to create “Frames” – modular, interactive components that can be integrated into Farcaster’s social platform. With a generous incentive of $500,000 in retroactive rewards, the initiative aims to attract a diverse range of developers.
Participants in the buildathon can leverage Arbitrum’s powerful features and tap into Farcaster’s growing user base of over 350,000 accounts and 59 million casts to explore new possibilities and enhance the functionality of both platforms.
Details of the Buildathon and Reward Structure
Arbitrum has set aside a total of $500,000 to support the development of Frames, with $450,000 dedicated to the “Frame It” event and an additional $50,000 allocated for in-person events like Frameathons, meetups, and workshops.
The first event, a Frameathon in New York City, will offer $20,000 in prizes for developers who create the most innovative Frames. More information about this event will be revealed soon.
Participants in “Frame It” will have the chance to showcase their Frames in casts by the main Arbitrum account on Warpcast, a platform designed to boost visibility and engagement within the Farcaster community.
Developers are encouraged to think outside the box and explore a range of applications, from NFT minters and token deployers to integrating existing DeFi apps into Frames. The goal is to spark creativity and develop unique applications that push boundaries.
Eligibility and Reward Distribution
To qualify for retroactive rewards, developers must ensure that their Frames include an on-chain component on the Arbitrum One network. Frames that offer tools or infrastructure supporting Arbitrum, as well as those deployed on the Arbitrum Nova and Arbitrum Orbit chains, are eligible.
It is crucial for Frames to be original and not duplicate existing ones to maintain the spirit of innovation that the buildathon promotes. Arbitrum anticipates it may take up to four weeks to evaluate each Frame for eligibility and rewards will be based on factors like on-chain and social impact.
This collaboration between Arbitrum and Farcaster not only enhances the functionality and engagement of both platforms but also sets the stage for future partnerships and advancements in the decentralized realm.