{"id":223251,"date":"2021-04-09T21:12:58","date_gmt":"2021-04-09T18:12:58","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/amid-developer-drought-teams-turning-to-hackathons-to-find-talent\/"},"modified":"2021-04-09T21:12:58","modified_gmt":"2021-04-09T18:12:58","slug":"amid-developer-drought-teams-turning-to-hackathons-to-find-talent","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/amid-developer-drought-teams-turning-to-hackathons-to-find-talent\/","title":{"rendered":"# Amid developer drought, teams turning to hackathons to find talent"},"content":{"rendered":"<p>&#8220;<strong># Amid developer drought, teams turning to hackathons to find talent <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDQvMDBmNTBjZmYtNzM3ZS00NjM1LWFlMTgtYmUzMDA4OTdhOGYxLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Amid a bull market for decentralized finance (DeFi) that has teams developing new products at a breakneck pace, the demand for smart contract developers couldn\u2019t be higher \u2014 but, unfortunately, the amount of available talent couldn\u2019t be lower.\u00a0<\/p>\n<p>Team members from multiple projects have taken to <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> in recent weeks to gripe about the shallow hiring pool, including representatives from high-profile mainstays like Yearn.Finance and Sushiswap. The complaints come despite hefty incentive packages that include token allocations and generous salaries \u2014 but regardless of the carrots projects offer, there simply aren&#8217;t enough developers to go around. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Fuck, we&#8217;ve hit the &#8220;developer crunch&#8221; portion of the bull market<\/p>\n<p>\u2014 I&#8217;m just a doggie boi (@fubuloubu) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/fubuloubu\/status\/1379913516740702211?ref_src=twsrc%5Etfw\">April 7, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>In the absence of established developers, multiple project have instead taken to nurturing new ones with an unusual, but in many ways ideal recruitment tool: hackathons.\u00a0<\/p>\n<p>Last weekend multiservice venture capital outfit Delphi Digital and IDEO CoLab co-sponsored a weekend hackathon. Designed specifically to incubate promising young teams, successful projects from the hackathon were then invited to an 11-week mentorship program with the possibility of a full seed investment at the end. <\/p>\n<p>\u201cWe found early on that hackathon style events are better at identifying talent than they are at surfacing investable ideas,\u201d said Delphi\u2019s Jos\u00e9 Macedo. \u201cThat\u2019s mostly because getting to an investable idea in a few days is really hard, but it\u2019s also because we\u2019re simulating what it&#8217;s like to work with folks and see things like their bias to action and how they work with others. People stand out pretty quickly based on their actual behaviors which allows us to identify and work with talent based on merit.\u201d<\/p>\n<p>Macedo referred to hackathons as \u201cone of the main channels\u201d the organization uses for hiring and identifying investment-worthy early projects. <\/p>\n<p>Likewise, Chainlink is currently running a virtual hackathon set to conclude on April 11th. According to community manager Keenan Olsen, the $130,000 prize pool brought in over 300 project submissions. Fostering and developing talent was baked into the process from the get-go, with multiple workshops scheduled throughout the event. <\/p>\n<p>Synthetic asset platform Synthetix also has a close eye on the Chainlink hackathon as well, as the project\u2019s Grants DAO voted to co-sponsor the event. 15 different projects are building on top of the protocol as a result, and the DAO may considering funding them for further development after the event concludes.\u00a0<\/p>\n<p>According to Stephen Fluin, the head of developer relations at Chainlink Labs, hackathons are a great way for young talent to get noticed.<\/p>\n<p>\u201cWe actively hire both from our community and people we meet at events and hackathons. Hackathons are a great way to showcase your ability to our team, who are often following the event, teams, and projects closely,\u201d he said. <\/p>\n<p>In a Tweet today, Macedo revealed that the Delphi team is bullish enough on hackathons that they\u2019re running yet another, just one month after one concluded: <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Capital is abundant rn but talent is scarce <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Delphi_Digital?ref_src=twsrc%5Etfw\">@Delphi_Digital<\/a>  is a squad of 30+ researchers, investors &amp; builders. Our goal is help build and fund the products that take crypto mainstream<\/p>\n<p>That&#8217;s why we&#8217;re launching the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/deficonnected?src=hash&amp;ref_src=twsrc%5Etfw\">#deficonnected<\/a> hackathon<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/brDOpiWjqP\">https:\/\/t.co\/brDOpiWjqP<\/a><\/p>\n<p>\u2014 Jos\u00e9 Maria Macedo (@ZeMariaMacedo) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/ZeMariaMacedo\/status\/1380489872679505929?ref_src=twsrc%5Etfw\">April 9, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>It\u2019s a talent pipeline Delphi hopes to formalize in the coming months.\u00a0<\/p>\n<blockquote><p>&#8220;Our goal is to create a repeatable process that allows us to source and identify great talent, build strong teams and use our experience to help guide them to solve some of the most important problems in the space.&#8221;<\/p><\/blockquote>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/amid-developer-drought-teams-turning-to-hackathons-to-find-talent\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Amid developer drought, teams turning to hackathons to find talent &#8221; Amid a bull market for decentralized finance (DeFi) that has teams developing new products at a breakneck pace, the demand for smart contract developers couldn\u2019t be higher \u2014 but, unfortunately, the amount of available talent couldn\u2019t be lower.\u00a0 Team members from multiple projects&#8230;<\/p>\n","protected":false},"author":1,"featured_media":223252,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDQvMDBmNTBjZmYtNzM3ZS00NjM1LWFlMTgtYmUzMDA4OTdhOGYxLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74891,83644,73821,71745],"class_list":["post-223251","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-ethereum","tag-hackathon","tag-developers","tag-venture-capital"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/223251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=223251"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/223251\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/223252"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=223251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=223251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=223251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}