The global Web3 Hackathon kicks off in Seoul with a 500,000 HSK prize pool to encourage innovation.

A hackathon event aimed at global developers, innovators, and Web3 enthusiasts will be held in Seoul, South Korea from March 28 to 30. This event is based on building a compliance-safe Web3 financial ecosystem and features four main competition tracks.

Main Track

1. PayFi: Committed to exploring cross-border payment protocols, physical asset tokenization, and AI quantitative strategies, aiming to connect traditional finance with Web3.

2. Social: Focus on developing social communication tools, decentralized content platforms, or community governance models to create a dedicated social layer for large user groups.

3. AI Agent: Covers on-chain information management, asset management assistance, and developer intelligent collaboration, aiming to simplify Web3 interactions through AI agents.

4. AI Infra: Encourage the development of VS Code plugins, data availability components, or build integration toolkits with mainstream AI frameworks to完善生态系统基础设施.

Rewards and Support

This event has established a prize pool totaling 500,000 HSK, including 6 award categories. Winning projects not only have the opportunity to receive long-term funding and professional guidance but can also participate deeply in the development of the ecosystem, collaborating with the official team and industry partners.

In addition, the event organizers have launched a talent pool program, inviting global developers to join. Successfully selected developers will receive token rewards and exclusive NFTs. Participation methods include attending the hackathon in person or showcasing individual contributions to relevant open-source projects online.

Partner

This event has received support from multiple local developer communities and projects in South Korea, with a particular focus on areas such as PayFi, physical assets, and stablecoins. Over 10 communities and projects have reached cooperation, covering various aspects including academic partners, community partners, and media partners.

Future Plans

The organizer stated that three similar hackathon events will be held this year. In addition, a sharing session will take place in Taipei on April 1, and interested developers are welcome to participate.

The purpose of this event is to promote the development of the Web3 ecosystem, particularly in the areas of Compliance and innovation. By connecting key areas such as Bitcoin finance, payment finance, stablecoins, and physical assets, it facilitates the deep integration of on-chain finance with the real economy. The event organizers commit to continuously improving the infrastructure to support institutions and developers in exploring innovations in a safe and compliant environment, jointly promoting the global application and development of blockchain technology.