NEAR Protocol are hosting an online hackathon called 🌈Hack The Rainbow🌈, starting Sept 15. The NEAR Collective and associates have been hard at work on building a bridge between two Ethereum and NEAR.
The Rainbow Bridge allows developers to utilize Ethereum assets and smart contracts on NEAR— a fast, scalable, and low-cost environment. The Bridge has the power to accelerate community development as it allows ETH users immediate access to apps built on NEAR. This is the first trustless bridge of its kind. It supports ERC20, ERC721, and remains fully decentralized and adaptable to any future protocol changes on either side.
🌈Hack the Rainbow🌈 is a creative, collaborative, cross chain hackathon focused on building the bridges needed to make web3 an accessible reality for everyone. Our aim is to work with Ethereum partners and bring together the best tools for that build.