BNB Chain’s 2024 Q3 Hackathon celebrated global innovation in Web3 and blockchain

BNB Chain’s 2024 Q3 Hackathon celebrated global innovation in Web3 and blockchain

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Key Points

  • BNB Chain’s 2024 Q3 Hackathon celebrated global innovation in Web3 and blockchain.
  • 186 submissions were received, with 10 projects advancing to the demo round.
  • Top three winners: zkGraph, Siren, and CryptoBed.
  • Honorable mentions and Sponsor Track Awards recognized additional innovative projects.
  • Winners receive a comprehensive Kickstart package and potential entry into the Most Valuable Builder (MVB) program.

BNB Chain Announces Winners of 2024 Q3 Hackathon

Overview

The BNB Chain recently concluded its 2024 Q3 Hackathon, themed ‘Become A Champion Builder.’ This event drew 186 submissions from around the world, highlighting a diverse array of creativity and innovation within the Web3 space. The hackathon aimed to foster groundbreaking projects that could significantly impact the blockchain ecosystem.

Main Challenge Winners

From the numerous entries, 10 projects were selected to advance to the demo round, competing for a share of $50,000 in prizes. The top three winners were:

  1. zkGraph – Awarded $15,000, zkGraph utilizes a distributed network of prover nodes to generate zero-knowledge proofs for ONNX graphs, particularly in machine learning and NumPy computations.
  2. Siren – Securing $10,000, Siren aggregates road traffic noise data on BNB Greenfield to help mitigate noise pollution in urban areas, aiding city planners and policymakers.
  3. CryptoBed – Receiving $5,000, CryptoBed is a decentralized platform for global property rentals, removing intermediaries to offer a seamless experience for digital nomads and crypto users.

Honorable Mentions and Sponsor Track Awards

In addition to the main winners, $10,000 was distributed among 27 other notable submissions, including projects like Ordinals Lending Protocol, GreenfieldPress, and Banana Idle Game powered. Specialized challenges were tackled by winners of the Sponsor Track Awards, which included:

  • Sonorous: GigMint ($5000 in SNS tokens)
  • Polyhedra: zkVerify for BSC (3000 USDT), Tiga Processor (1500 USDT), Cipher Zero Protocol (500 USDT)
  • Dego.Finance: OpenTaskAI (2000 DEGO tokens), Bot3 AI (2000 DEGO tokens), TermiX (1000 DEGO tokens)
  • Hacken: SafeShield ($3500 USDT)
  • THENA: $KING (5000 USDT & 10,000 veTHE)

Opportunities Beyond the Hackathon

The winning teams will receive a comprehensive Kickstart package worth $50,000, including credits from AWS and Google Cloud. Additionally, winners will be considered for a direct interview for BNB Chain’s Most Valuable Builder (MVB) program, providing further growth opportunities. If the top six projects achieve additional development goals, they could each receive up to $10,000 in further incentives.

Conclusion

The BNB Chain 2024 Q3 Hackathon has been a testament to global talent and the innovative spirit in the blockchain space. The event showcased the potential of Web3 technologies to address real-world challenges and drive future advancements. The BNB Chain team extends gratitude to all participants, mentors, and judges for their dedication and creativity. Looking ahead, the 2024 Q4 Hackathon is set to launch in mid-July, promising more exciting opportunities for innovators. Stay connected with the BNB Chain team on Discord for 24/7 support and further updates.