Bepro Network closes grant to develop the first bounty network for Aurora
We’re thrilled to announce that Bepro Network has closed a grant with Aurora for the development of the first bounty network on the platform!
It will be the first time a Bepro Network product will be available in one of the major web3 protocols, and we couldn’t be more excited.
The main goal of this project is to deliver a decentralized Aurora Development DAO by deploying a customized Bepro Network (UI+Protocol) on Aurora (Near EVM). This will allow the Aurora Foundation to attract developers from the community to work and contribute to Aurora Github repositories in a decentralized and sustainable way.
How will Aurora benefit from running its own bounty network?
We reached out to Anton Paisov, Head of Integrations at Aurora Labs who told us:
“With our own bounty network, we want to focus and enable the bounties culture in the Aurora ecosystem. We can leverage the power of community and decentralization to increase our adoption and accelerate our product development and roadmap.
Furthermore, we want this product to be available for every of Aurora’s ecosystems to launch their own bounties and, in this way, make our product development more collaborative and inclusive.
In the long run, we also see Near itself employing this network for its own bounties as well.”
How important is this grant for Bepro Network?
“Having one of the top blockchain companies and EVM working directly with us is, on one side, a privilege and important validation for Bepro Network adoption. On the other hand, it’s also one important step toward the true decentralization of our product.”, says Mario Alves, CEO and co-founder of TAIKAI Labs and Bepro Network.
“We know the future of web3 is collaborative and multi-chain and having Aurora with us on this journey is one huge step in achieving that vision”, he adds.
Bepro Network is a protocol to create and manage development bounties, that allows companies, organizations and DAOs to create their own custom bounty network. Aurora is the first EVM to launch its own network.
How will the bounty network work?
The community can create bounties on the Aurora Development DAO by locking a certain amount of $AURORA (or any other ERC-20 on the protocol). Any developer in the world can develop the feature requested by the bounty promoter and receive the $AURORA locked for this specific task.
Additionally, the community can also create a bounty and request funding. Everyone in the network can fund the bounty to deliver a feature, service, or build a common piece of software that serves the entire community.
The bounty contributors also receive an NFT to recognize the work done on a specific task.
What is Aurora Network?
Aurora is an Ethereum Virtual Machine developed by the NEAR Protocol team that provides a turn-key solution for developers to run their apps on an Ethereum-compatible, high-throughput, scalable, and future-proof platform with minimal transaction fees for their users.
The Aurora Network provides a wide range of grant opportunities to grow and expand web3 projects. Bepro Network will join the granted projects in the ecosystem and collaborate closely with Aurora.
The AuroraDAO is a decentralized autonomous organization that governs the Aurora protocol.
The AuroraDAO operates similarly to a traditional Board of Directors in that there is a “Council” of seats whose holders vote on high-level protocol issues and authorize and order subordinate entities to pursue those goals.
About NEAR Protocol
NEAR is a proof-of-stake (PoS), layer-one blockchain that is simple to use, secure and scalable.
NEAR was designed to host decentralized applications (dApps) and strives to compete with Ethereum and other smart contract-enabled blockchains.
With Aurora Bridge and EVM, Ethereum developers can deploy their apps in a fast, scalable & low-cost environment.
About TAIKAI Labs
Our vision is to create a decentralized developer hub through bounties, hackathons, educational materials and tools for the development of web3 projects.
At the moment, TAIKAI Labs has three main products: