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[$500 ATOMs] Dynamic IBC
agoric
dIBC, IBC, agoric, smartcontract
### Dynamic IBC
### Prize Bounty
$500 ATOMs
### Challenge Description
The Agoric chain now has early support for Dynamic IBC (dIBC). It enables smart contracts to be deployed that parse new IBC application protocols. For this challenge, show that off by:
* using dIBC to exchange assets from one chain for money from another chain in an auction on the Agoric chain.
Specifically:
- Build/reuse a simple auction on the Agoric platform
- Build the ICS-20 transfer endpoints in JavaScript using the new dIBC support
- As a buyer, use IBC Transfer with a chain that has money and transfer some to the Agoric chain
- As a seller, use IBC Transfer with a different chain that has a different asset (could be another currency) and transfer some to the Agoric chain
- Buy/sell the assets and see the transaction complete
Join our Keybase support channel **agoric.support#crosschain-hackathon**
### Resources
http://github.com/iqlusioninc/relayer
https://github.com/cosmos/ics
https://medium.com/agoric/the-road-to-dynamic-ibc-4a43bc964bca
https://www.youtube.com/watch?v=nNImbry1HLM
### Submission Requirements
Demonstrate the use of dIBC to exchange assets from one chain for money from another chain in an auction on the Agoric chain.
### Submission Deadline
May 11th, 23:59:59 UTC
### Judging Criteria
- The other chains could be simply other instances of the Agoric chain, but using a different chain scores more points.
- A recorded demonstration of executing this at the command line or Agoric REPL is a valid option, BUT an application that demonstrates it scores more points.
### Winner Announcement Date
May 18th, 2020
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