Polkadot Hackathon 2024 in Bangkok: $315,000 Prize Pool to Boost Web3 Innovation
The highly anticipated Polkadot Hackathon 2024 is gearing up for its Bangkok edition, offering a substantial prize pool of $315,000 to attract top talent and foster innovation within the Web3 industry. Following the success of the Singapore event, where 25 teams emerged victorious out of 279 participants, the focus now shifts to the Thai capital.
Organized by OneBlock+, the Bangkok hackathon is scheduled for November 16, with the deadline for registration and code submissions set for October 23. Developers from all corners of the world are expected to participate, showcasing their skills in various categories such as infrastructure, smart contracts, AI, and custom blockchain solutions.
The event will feature mentorship sessions, project evaluations, and a Demo Day where teams will pitch their projects to a panel of judges. Sponsors like Vara Network, CESS Network, and Bifrost will offer bounty challenges in areas like GameFi, decentralized applications, and innovative blockchain technology applications.
Participants will have the opportunity to build blockchain solutions using Polkadot's SDK, with a focus on creating custom blockchains that can connect to the Kusama Relay Chain. Other project possibilities include developing parachains, privacy-focused chains, decentralized storage solutions, DAO chains, gaming blockchains, and decentralized identity solutions.
With a total prize pool of $315,000 up for grabs across four tracks, the hackathon will award first, second, and third-place prizes of $40,000, $20,000, and $10,000 respectively. Despite market challenges, developer activity within the Polkadot ecosystem remains robust, with thousands of repositories and weekly commits contributing to its ongoing momentum.
In conclusion, the Polkadot Hackathon 2024 in Bangkok presents a unique opportunity for developers to showcase their skills, collaborate with industry experts, and potentially win substantial prizes. By participating in this event, individuals can not only gain valuable experience and recognition within the Web3 industry but also contribute to the ongoing innovation and growth of the Polkadot ecosystem.