Stellar Lumens [XLM]’s SBC – What’s in store for the 7th edition?

Stellar on June 5th, 2018 announced that their 7th Stellar Build Challenge is officially live. Submissions for the same were open since June 1st, 2018.

Stellar Build Challenge [SBC] is an experiment to find ways to develop services that are fair, affordable, and community-driven, and at the same time drive the uptake of the stellar network to maximize efficiency and reach. There have been six challenges so far and the winning projects have become a part of the Stellar ecosystem.

Stellar's announcement about SBC

Stellar’s announcement about SBC

The SBC is an essential part of Stellar’s developer community, and for the 7th edition, the aim is to focus on the “community-driven” part of Jed McCaleb’s initial vision. Jed’s initial vision was, leveraging technology to reduce inefficiency while improving the human condition.

At the 6th edition of SBC, winners were awarded five times the prize pool than they had originally planned, which was roughly 2.7 million XLM [550 thousand originally announced].

Goals for the 7th edition SBC are,

  • Open source contributions: Stellar plans to reward new contributions [from developers] to meaningful Stellar-related open-source projects. They are looking for developers who can contribute new features and enhancements, who can work on problem-solving issues, expand project functionality, improve the user experience, and improve documentation.
  • Develop one of the four ‘cornerstone’ project: The projects are a better Quorum Explorer, a Trade Bot Maker, social trading, and Peer-to-peer wallet. These projects are the future of stellar network and they are looking for developers to design the same, this means developers participating in SBC will get to collaborate directly with SDF [Stellar Development Foundation] via these projects.

Submissions end on August 15th and winners will be announced on August 30th. Judges are the members of SDF team and the final determinations will be done by Jed McCaleb. Projects are awarded based on merit. The teams also plan to keep keep-in-touch with all the developers and offer more ways for the community to engage with each other.

Mark, a Twitter user commented,

“go stellar go! marketing surpass xrp!”

CryptoNewb, a market enthusiast commented,

“We ever moon againeeee? Just kidding. Stellar job everyone. Boom”.

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