Bybit and DMCC Showcase 5 Groundbreaking Blockchain Projects in MENA’s Premier Web3 Hackathon
In a groundbreaking collaboration, Bybit, the world’s second-largest cryptocurrency exchange by trading volume, partnered with DMCC (Dubai Multi Commodities Centre) Crypto Centre to host MENA’s flagship Web3 hackathon in Dubai. The event, which took place on Nov. 20, saw fifteen project teams present their innovative ideas to a panel of Web3 experts and industry leaders, captivating a live audience and over 30,000 livestream viewers.
The Grand Finale: Web3 Unleashed
The grand finale of Web3 Unleashed was a full day of events and an afterparty, featuring a thought-provoking panel discussion on the future of Web3 technology and its applications. The event highlighted the transformative power of blockchain technology and its potential to revolutionize various industries.
Helen Liu, Chief Operating Officer of Bybit, expressed her gratitude to DMCC and partners for advancing blockchain technology as a force for good. She commended the contestants for their compelling stories and vision for the future, emphasizing the impact they will have on shaping the world.
The Winning Projects
Web3 Unleashed showcased five groundbreaking projects from around the world, each addressing real-world problems through emerging technologies:
- KelpMe (USA, UAE, Greece): A blockchain-based solution for key-loss protection and asset recovery.
- Trepa (South Korea, Singapore): A Telegram-based app for predicting majority opinions and earning rewards.
- Mavryk Network (Dubai, Gibraltar, Singapore, Paris, Kiev, Tel Aviv): A Layer 1 blockchain for asset ownership and tokenization.
- Hive (Abu Dhabi, Belgium): A solution for the computer sharing economy.
- Poppin (Turkey): A browser extension for social interactions on webpages.
Keynote Address and Prize Pool
Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC, highlighted Dubai’s role in Web3 innovation and praised the hackathon participants for their impactful solutions. The five winning project teams will share a prize pool of over 160,000 USDT to support their entrepreneurial ventures in the MENA region.
Acknowledgments and Support
Web3 Unleashed #2 was made possible by the generous contributions of Official Sponsors and the support of Community and Media Partners. The event showcased the potential of blockchain technology and fostered innovation in the industry.
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange, serving over 50 million users since its establishment in 2018. With a professional platform and a commitment to customer service, Bybit continues to drive innovation in the crypto industry.
For more information about Bybit, please visit the Bybit Press. Stay updated by following Bybit’s Communities and Social Media channels.
Contact:
Head of PR
Tony Au
tony.au@bybit.comRead the original article on Chainwire here.