Aptos Foundation to Host Global Aptos Hackathon
- Bridget Hubbard
- July 31, 2023
- news, Blockchain, Crypto
- Aptos, Aptos Foundation, Hackathon, Host
- 0 Comments
The Aptos Foundation plans a global hackathon in Singapore, encouraging web3 innovation in crypto verticals like DeFi and NFTs.
- Aptos Foundation to host global hackathon in Singapore from September 11-13, 2023, focusing on web3 ideas in DeFi, NFTs, GameFi, and more.
- Participants can win up to $30,000 per hack track, receive project funding, and get Aptos team support.
- Judging criteria include technical merit, innovation, and Aptos blockchain utilization, with applications due by September 4, 2023.
- The hackathon features Move on Aptos programming, partner presentations, and interactions with Aptos engineers, fostering growth in the ecosystem. APT token currently trading at $7.11 with a 22% weekly increase.
The Aptos Foundation, the crypto organization behind the layer 1 proof of stake blockchain Aptos, has recently announced that it will be hosting a global hackathon in Singapore. The hackathon is scheduled to take place between September 11-13, 2023, and aims to bring together participants from around the world to design, code, and demonstrate their web3 ideas. This event will provide an opportunity for builders in the crypto community to network with industry leaders.
Ready to build the next big thing in Web3?
Join us at Aptos Hack Singapore and compete for hundreds of thousands in prize funds! 🔥🇸🇬
Show off your skills, connect with global blockchain pioneers, and win big at this #AptosWorldTour hackathon.
— Aptos (@Aptos_Network) July 17, 2023
Crypto Verticals Covered at the Hackathon
Participants at the hackathon can expect a wide range of crypto verticals to be covered during the event. These include decentralized finance (DeFi), non-fungible tokens (NFTs), GameFi, payments, infrastructure, and tooling, among others. The hackathon aims to encourage innovation in these areas and participants have the chance to win up to $30,000 for each hack track. The awards will be paid out at the conclusion of the event.
The Aptos Foundation is targeting individuals and teams who are interested in Aptos or building on the network. Along with cash prizes, the Foundation will also fund the hackathon winner’s crypto project to support its development. Teams that perform well may receive specialized support from the Aptos team to further grow their projects on the network.
Participants will be judged based on five key criteria: the utilization of the Aptos blockchain, degree of innovation, technical merit, project completeness, and future potential. These criteria will determine the winners in each hack track. The deadline to apply for the hackathon is September 4, 2023.
Exciting Features of the Hackathon
In addition to the competitions, the hackathon will also feature programming related to Move on Aptos, presentations from the network’s partners, and interactions with core Aptos engineers. This provides participants with a unique opportunity to learn from experts and gain valuable insights into the Aptos ecosystem.
Awards for the winning participants will be provided in a mix of US Dollars and Aptos’ native token, APT. As of now, APT is trading at $7.11, showing a significant increase of over 22% in the past week. The token has a daily trading volume of $1.03 million and a market capitalization of $125 million.
In conclusion, the Aptos Foundation’s global hackathon in Singapore presents an exciting opportunity for participants to showcase their skills and ideas in various crypto verticals. With substantial cash prizes, funding for crypto projects, and specialized support, the hackathon aims to encourage innovation and growth in the Aptos ecosystem.