Polkadot Hackathon nears finale with 25 projects set for Demo Day

investing.com 03/09/2024 - 15:20 PM

2024 Polkadot Hackathon Conclusion

The 2024 Polkadot Hackathon is nearing its conclusion as 25 projects have advanced to the final stage of the Singapore round.

Event Overview

The event, which started on July 11, will host its Demo Day in Singapore on September 17 and in Bangkok on November 16. A total of 279 developers took part, forming 69 teams, with 34 projects submitted for preliminary review.

Selection Process

The selection process evaluated criteria such as technical difficulty, project completion, and standardization, resulting in 25 projects making it past the first review. The judging panel included:
– Kaichao, Substrate community developer
– Jun Zhou, PaperMoon Developer Relations Engineer
– Nicolas Martin Hussein

Finalists

Among the finalists includes:
WeTEE: Offers decentralized computing power for the Polkadot ecosystem, enabling secure deployment of Web2 applications without code modifications.
Enhanced Token Fortress (ETF.one): Provides a zero-trust Web3 asset management platform.
iNFT: Simplifies blockchain application deployment through the Anchor Network.
FlyAIMusic: A decentralized platform enhancing copyright management and revenue distribution for music creators.
Conduits: A solution for decentralized resource access.
OpenAuth: A tool facilitating Web3 authentication and custodial wallet integration.
Bolarity: Enables interoperability across various virtual machines.

Developer Activity

Despite market challenges, developer activity in the Polkadot ecosystem remains strong. Recent statistics indicate that the network hosts 29,917 repositories, with weekly commits exceeding 5,500. Approximately 900 developers contribute weekly, sustaining the ecosystem’s momentum.

Upcoming Events

Later this month, Polkadot Decoded Asia will take place in Singapore as part of TOKEN2049 Week. This conference will highlight various aspects of the Polkadot ecosystem and Web 3.0 domain, with preparations well underway.

Polkadot Mobile App

The Polkadot Mobile App, teased by Parity CEO Bjorn Wagner at Polkadot Decoded, is set to launch for select users in September 2024. The app is expected to introduce features like onboarding without passwords or seed phrases, funding wallets with DOT or stablecoins, and making purchases at over 1 million stores, with staking functionality coming soon.




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