The Ultimate Guide to the 2024 Hackathon: Top Projects and Market Insights
The 2024 Hackathon is reaching its climax with 25 projects advancing to the final stage in Singapore. Starting on July 11, the event will showcase its Demo Day in Singapore on September 17 and in Bangkok on November 16. A total of 279 developers participated, forming 69 teams and submitting 34 projects for review.
The selection process focused on technical difficulty, project completion, and standardization, leading to 25 projects moving forward. The judging panel included industry experts such as Substrate community developer Kaichao, PaperMoon Developer Relations Engineer Jun Zhou, and Nicolas Martin Hussein.
Notable finalists include WeTEE, offering decentralized computing power for the Polkadot ecosystem, and Enhanced Token Fortress (ETF.one), a zero-trust Web3 asset management platform. Other projects include iNFT, FlyAIMusic, Conduits, OpenAuth, and Bolarity, each bringing unique innovations to the blockchain space.
Despite market challenges, developer activity in the Polkadot ecosystem remains robust, with over 29,917 repositories and 5,500 weekly commits. Around 900 developers contribute to the ecosystem weekly, maintaining its momentum.
Polkadot Decoded Asia, scheduled later this month in Singapore as part of TOKEN2049 Week, will delve into the Polkadot ecosystem and the Web 3.0 domain. This event is crucial for the Polkadot community, particularly in the Asian market, while attracting a global audience.
The highly anticipated Polkadot Mobile App, teased by Parity CEO Bjorn Wagner at Polkadot Decoded, is set to launch for select users in September 2024. The app will introduce innovative features like passwordless onboarding, wallet funding with DOT or stablecoins, and staking functionality in the near future.
In conclusion, the 2024 Hackathon has showcased groundbreaking projects in the blockchain space, highlighting the continuous innovation within the Polkadot ecosystem. Investors and enthusiasts should keep an eye on these developments as they have the potential to shape the future of decentralized technologies and financial markets.