Astar Network’s Successful Web3 Hackathon Results

On April 26, it was reported that the Poka parallel chain Astar Network released the first Web3 hackathon report, in which more than 420 applications were recei

Astar Network’s Successful Web3 Hackathon Results

On April 26, it was reported that the Poka parallel chain Astar Network released the first Web3 hackathon report, in which more than 420 applications were received, 41 teams were preliminarily reviewed, 12 teams passed the preliminary review, and finally 8 teams won, including 1 Teritama and 5 excellence awards

Astar Network Announces the Winners of the First Web3 hackathon

**Introduction**
The Astar Network, a Poka parallel chain, recently announced the winners of their first Web3 hackathon. The competition was an open invitation for aspiring developers to create and submit decentralized applications (dApps) that leverage blockchain technology. In this article, we will discuss the results of the hackathon and highlight some of the outstanding projects that were created.
**Overview of the Hackathon**
The Web3 hackathon was launched in January 2021 and closed its submissions on March 26. Over 420 applications were received, but only 41 teams were preliminarily reviewed. The judges evaluated each submission based on originality, innovation, and potential real-world impact. Ultimately, only 12 teams passed the preliminary review to compete in the final round.
**The Winning Teams**
Of the 12 teams that made it to the final round, eight emerged as winners. The winners included one Teritama award and five Excellence awards.
**Teritama Award**
The Teritama award was presented to the team for creating a project that aims to address the prevalent issue of land-grabbing in Thailand. The project utilizes blockchain technology to create a secure and decentralized land registration system. It received the Teritama award for being the most innovative and impactful project of the hackathon.
**Excellence Awards**
The five teams that received excellence awards demonstrated exceptional technical skills and ingenuity. Their projects were:
1. **AIOZ Network** – A completely decentralized video streaming platform.
2. **DeFiSwap** – A decentralized exchange that allows for the easy exchange of various cryptocurrencies.
3. **BlockScanner** – A blockchain data analysis tool that makes it easy for anyone to analyze transactions and addresses in real-time.
4. **Jarvis** – An automated asset management system that is designed to make managing investments easier.
5. **Grape Protocol** – A content platform that rewards creators for their contributions.
**Conclusion**
In conclusion, the Astar Network’s Web3 hackathon was a resounding success. It attracted a significant number of participants and generated cutting-edge solutions to real-world problems. The winners of the hackathon showcased the breadth of innovative applications that can be created using blockchain technology. We hope to see more hackathons like this in the future, as it can be a significant boost to the growth of the blockchain industry.
**FAQs**
Q1. What is blockchain technology?
A. Blockchain technology is a distributed ledger technology that allows for secure and transparent record-keeping.
Q2. What are decentralized applications?
A. Decentralized applications are applications that run without centralized control. They leverage blockchain technology to create distributed systems that are secure and transparent.
Q3. Why are hackathons important for the blockchain industry?
A. Hackathons are essential for the growth of the blockchain industry as they provide a platform for developers to showcase their skills and create innovative solutions using blockchain technology.
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