Web3 Hackathon Showcases Innovative Vitality, Diverse Tracks Lead the Technological Frontier

On December 22, 2024, a hackathon themed "Web3 Applications Within Regulatory Frameworks" successfully concluded. This event brought together outstanding developers from around the world, providing new perspectives for exploring the future of blockchain.

During the three-day event, numerous teams showcased creative and cutting-edge solutions, fully demonstrating the professional capabilities and insights of global developers.

The Five Major Tracks Leading the Future of Technology

This hackathon focuses on five core areas: DeFi, RWA, INO, payments, and cultural heritage. These tracks reflect the current innovation trends and market hotspots in the blockchain industry.

DeFi: Balancing Technology and User Experience

In the DeFi space, the Likwid project focuses on liquidity management, providing users with efficient asset allocation tools. Stable Swap addresses the slippage issue in stablecoin exchanges, offering solutions for the multi-chain trading ecosystem. These two projects demonstrate the trend of DeFi shifting from being technology-driven to being user-friendly.

RWA: Linking Traditional Assets with Blockchain

The RWA track is receiving significant attention. The Asteroidx project enhances transparency for traditional financial products through on-chain asset management tools. Bnb3 explores innovative methods for mapping real-world assets onto the blockchain, facilitating the global circulation of assets.

INO: The Practical Value of NFTs is Increasing

NFT is evolving into a more practical tool-type asset. Tiptag.social combines NFTs with social attributes, innovating user interaction models. HashKeyFun, on the other hand, brings NFTs closer to users' lives through entertainment experiences.

Payment: Promoting the Commercial Implementation of Blockchain

PolyFlow has created a multi-chain compatible payment system, providing an efficient solution for cross-chain payments. Trusta focuses on payment security, ensuring the transparency and trustworthiness of transactions. These projects showcase the future development direction of blockchain payments.

Cultural Heritage: Technology Empowering Cultural Protection

The Fufuture and Rwalt projects explore new pathways for digitally protecting cultural heritage. Through on-chain storage and interactive design, these projects breathe new life into traditional culture, endowing technology with deeper social value.

Excellent projects stand out

After fierce competition, several outstanding projects stood out at Demo Day:

• First Prize: Likwid and Stable Swap
• Second Prize: Asteroidx and Lego Perpetual Protocol
• Third Prize: Bnb3 and Lightning Huskey
• Innovation Award: Tiptag.social and X-Wallet
• Special Award: PolyFlow, Trusta, Fufuture and Rwalt

These award-winning projects demonstrate outstanding potential in terms of technological innovation, market demand, and social value.

Developer Enthusiasm and Market Future

During the event, developers showed a strong interest in optimizing the DeFi user experience, managing RWA assets, and the functionalization of NFTs. This not only reflects the actual needs of the industry but also provides insights into key directions for the future market.

Compliance Innovation Drives Blockchain Ecosystem Development

As one of the world's first blockchain public chains with compliance as its core strategy, the organizers are committed to finding a balance between compliance and innovation, providing reliable infrastructure for global developers, and promoting blockchain technology to the public.

By supporting identity verification, achieving a balance between data transparency and privacy protection, and collaborating with global regulatory and financial institutions, the organizers continuously expand the boundaries of compliant blockchain. Their goal is to enable more blockchain projects to be successfully implemented through compliant technological innovation, thereby narrowing the gap between technology and practical application.

In ecological development, developers are always at the core. The organizers help technical teams lower the development threshold and quickly realize the transformation from idea to product by providing high-performance infrastructure and a complete toolchain. In addition, an ecological fund and developer incentive programs have been established to provide funding and resource support for quality projects.

Looking to the future, blockchain technology is expected to become a key bridge of trust, promoting inclusive finance and social development. From payments and DeFi to supply chain finance, blockchain is providing solutions for more practical application scenarios, enabling technology to better serve people's lives.

Through continuous compliance innovation, blockchain technology will gradually integrate into all corners of society, laying a more solid foundation for the future of the industry.