The post Avalanche Launches $1M Build Games Competition, Opens Applications for Builders appeared on BitcoinEthereumNews.com. Key Notes The competition featuresThe post Avalanche Launches $1M Build Games Competition, Opens Applications for Builders appeared on BitcoinEthereumNews.com. Key Notes The competition features

Avalanche Launches $1M Build Games Competition, Opens Applications for Builders

Key Notes

  • The competition features an open-ended format without predefined categories, allowing any project idea built on Avalanche’s platform.
  • Grand prize winner receives $100,000 with milestone-based payouts, while participants gain access to Codebase accelerator funding.
  • Launch coincides with record network activity of 1.71 million daily active addresses and 4.2 million average daily transactions.

Avalanche

AVAX
$12.14



24h volatility:
4.3%


Market cap:
$5.23 B



Vol. 24h:
$365.56 M

launched Build Games today, a six-week global builder competition offering $1 million in total prizes to developers creating new products on the network.

The competition awards $100,000 to the grand prize winner, $75,000 to the runner-up, and $50,000 for third place, according to the Avalanche Foundation’s announcement. Additional category prizes range from $5,000 to $40,000. Prize payouts follow a milestone-based structure, with the grand prize delivering $25,000 upfront and the remaining $75,000 contingent on achieving post-competition goals.


Teams submit a one-minute video pitch during the first week, outlining their idea, the problem they aim to solve, and their background. Weeks two and three focus on prototype development. The final weeks cover business planning before a live showcase where judges evaluate submissions.

Open-Ended Format

Build Games operates without predefined categories. Unlike typical hackathons that assign projects to specific themes, this competition allows any idea built on Avalanche. The competition landing page lists evaluation criteria as builder drive, execution ability, crypto culture alignment, and long-term intent rather than category fit.

Participants who complete the program gain access to Avalanche’s Codebase accelerator and additional funding opportunities. The Codebase program offers $50,000 grants to selected teams without requiring equity.

Build Games prize breakdown | Source: Avalanche Builder Hub

Applications are submitted through build.avax.network, with submissions closing Feb. 13 (tentative) or when capacity is reached.

Ecosystem Context

The competition launch coincides with record network activity. Daily active addresses on Avalanche reached 1.71 million on Jan. 19, the highest level ever recorded. Daily transactions averaged 4.2 million in 2025, a 153.6% year-over-year increase. AVAX ranks 30th by market capitalization at approximately $5.29 billion.

The Build Games competition represents Avalanche’s latest effort to attract developers amid intensifying competition among layer-1 blockchain platforms. With the network processing record transaction volumes and the foundation committing significant capital to builder incentives, the program positions Avalanche to capture emerging projects in gaming, DeFi, and infrastructure development.

next

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Cryptocurrency News, News


As a Web3 marketing strategist and former CMO of DuckDAO, Zoran Spirkovski translates complex crypto concepts into compelling narratives that drive growth. With a background in crypto journalism, he excels in developing go-to-market strategies for DeFi, L2, and GameFi projects.

Zoran Spirkovski on X

Source: https://www.coinspeaker.com/avalanche-build-games-1m-developer-competition/

Market Opportunity
Grand Base Logo
Grand Base Price(GRAND)
$0.298
$0.298$0.298
0.00%
USD
Grand Base (GRAND) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Spot silver falls below the $100 mark

Spot silver falls below the $100 mark

PANews reported on January 30 that, according to Jinshi, some trading platforms showed that spot silver fell below the $100 mark, plunging by about $15 during the
Share
PANews2026/01/30 17:34
Solana network saw its active addresses more than double to over 5 million in January, with daily transaction volume jumping to 87 million.

Solana network saw its active addresses more than double to over 5 million in January, with daily transaction volume jumping to 87 million.

PANews reported on January 30th that, according to Nansen's monitoring, Solana's performance in the first 30 days of 2026 is as follows: The number of active addresses
Share
PANews2026/01/30 17:15
Australian regulators ease regulations on stablecoin intermediaries

Australian regulators ease regulations on stablecoin intermediaries

PANews reported on September 18th that, according to Decrypt, the Australian Securities and Investments Commission (ASIC) has granted a regulatory exemption to stablecoin intermediaries, allowing them to distribute cryptocurrencies issued by licensed Australian institutions without having to hold a separate financial services license. The exemption, published Thursday, states that intermediaries distributing stablecoins issued by Australian Financial Services (AFS) licensed issuers no longer need to apply for separate AFS, market, or clearing facility licenses. This measure, effective upon registration of federal legislation, is a significant step forward in addressing Australia's regulatory challenges in the stablecoin market. Blockchain APAC CEO Steve Vallas stated that this move is a temporary transition before broader reforms and is consistent with financial services law. The exemption does not change the determination of whether stablecoins are financial products, but simply "suspends the secondary licensing requirement for distributors of licensed issuers," allowing distribution through licensed channels while maintaining issuer liability and requiring intermediaries to provide product disclosure statements to ensure transparency.
Share
PANews2025/09/18 13:25