Tuesday, May 30, 2023

Tron announces the results of its 2023 ‘Hackatron’

Blockchain platform Tron has revealed the results of the fourth season of its popular competition ‘Hackatron’. The best projects share a prize pool of $500,000 USD, a decentralized, hyper collateralized, multi-chain stablecoin based on Tron, as well as access to Tron DAO Ventures and Huobi Ventures for potential equity funding.

Over 625 entrants participated in six categories including DeFi, Web3, NFTs and GamFi, along with new builder and eco-friendly categories.

“The incredible talent and innovation of our thriving community was on full display at this season’s Hackatron,” said Eijaz Merchant, Tron DAO Development Lead. “I would like to express my gratitude to all of the excellent projects that were presented, and to all of the partners and committed members of the community who made this event a success. Together, we are expanding the potential of blockchain technology and fostering a cooperative and Giving. Self-sustaining ecosystem. -Maintainable”.

The first place finisher on each track selected by the judges receives $20,000, while second place receives $15,000, third place $10,000, and fourth and fifth place $8,000 and $6,000, respectively .

Success stories

The new Builder category recognizes returning hackathon teams that have made significant updates to their projects. First place this season went to Elk Finance for their “Farming as a Service” project. This update to Elk Finance’s client offering will be implemented on BitTorrent Chain, allowing users and developers to create custom LP forms without the need for programming experience.

In the Eco-Friendly category, which showcases projects working towards sustainability and care for the environment through the Troon Climate Initiative, Ecomarket took first place, An open market for the acquisition of used and recycled plastics. EcoMarket seeks to create a platform that encourages recycling and clean storage of used plastics, while also providing companies with reliable and transparent sources of recycled materials.

The first place in the DeFi category went to Ergon. The project aims to ease user access to Tron Stake 2.0, providing savings on transaction fees by renting electricity while earning TRX by staking.

In the NFT category, the judges chose BobbyBot. trade first. This decentralized application will allow users and gamers to exchange their virtual assets (NFTs) in Steam-based games such as Team Fortress and Counterstrike for TRX, USDT and USDD on Tron.

The GameFi category was led by a new blockchain-based game from TronJoy. The goal of “Duel” is simple: collect as many Tron utility tokens as possible while finishing each level with the fastest time. Players can play in both “Duel” mode (1v1) and “Tournament” mode.

On the Web3 track, the first place went to TrustSite by Tronacles. The project aims to increase decentralized trust in the Tron blockchain through user reviews. Essentially, TrustSite is a crowdsourced reputation platform for on-chain actors, allowing Tron users to navigate the ecosystem safely and reliably.

Firoz Lakhani, Business Lead at Tron DAO, commented: “This season has been the best one ever! I am really looking forward to engaging more deeply with some of the projects focused on environmental sustainability, as this is when the most aligns with our focus.” Green as possible. For fun, I also like to ‘quality test’ all of the GameFi projects. I’ll be spending my next few weekends doing just that, and I can’t wait!”

Community votes

The Hackatron Community Forum voted to select the “community” winners. The first place winners in each category were:

  • crypto doo (web3)
  • Ergon (DeFi)
  • Cookies: Rush and Run (GameFi)
  • tns domain (nft)
  • Justmoney Spot (Builder)
  • Tronpower (eco-friendly)

This season, there were also three additional awards for best performance in project commitment, determination and contribution to the community. The Project Commitment and Determination Awards will be announced on June 1, 2023.

Community Contribution Award winners include akainu, antonio, fabsaltsa, gordian, HODL, manfred_jr, nana66419, nweke-nature1, prince-onscolo, and youngyuppy. Each selected community contributor will receive US$500.

Nation World News Desk
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