Coinstore Announces UBIT Blockchain Ecosystem Hackathon 2024: Fostering Innovation in Crypto Universe
Coinstore Labs, a pioneering accelerator under the Coinstore Group, proudly unveils the UBIT Blockchain Ecosystem Hackathon 2024. This 21-day intensive event is meticulously crafted to ignite innovation within the thriving crypto universe, featuring a 200,000 USDT prize pool! Developers specializing in Web 3 and DeFi are cordially invited to partake in this groundbreaking initiative, slated to commence on June 22 and culminate on July 12.This Hackathon is supported by Bitdigest, Blockpedia, Coinedition, CoinGabbar, Voice of crypto, Connectweb 3, Cryptic web3 and The news crypto as media partners.
We are also excited to announce our strategic partnership with D² Labs, the innovative force behind data-driven marketing solutions. This collaboration with D² Labs will bring unparalleled expertise and resources to the hackathon, enhancing the experience and opportunities for all participants.
UBIT has ushered in a new era of possibilities with its unique ecosystem and advanced features. Powered by cutting-edge technology, UBIT ensures secure transactions, transparency, and immutability. With its own dedicated blockchain, UBIT’s comprehensive ecosystem and forward-thinking approach set it on a trajectory to redefine the crypto landscape.
Coinstore Labs, with an initial capital scale of $30,000,000, is dedicated to providing crucial support and resources for visionary entrepreneurs, thereby catalyzing progress within the global blockchain industry. Through the UBIT Blockchain Ecosystem Hackathon 2024, Coinstore Labs endeavors to achieve several pivotal objectives:
- Promote the Features and Advantages of the UBIT Blockchain and Increase its Visibility
- Enrich the UBIT Ecosystem by Increasing the Deployment of DApps
- Further Increase UBIT’s Total Value Locked (TVL)
- Enhance the overall user experience by increasing interactibity of the UBIT blockchain.
Participants in the hackathon stand to gain not only recognition but also substantial rewards, including a generous prize pool totaling 200,000 USDT. The winners will be awarded a remarkable prize of $20,000 UBIT, with $10,000 UBIT allocated for each track. Additionally, participants will receive comprehensive support packages, including access to the Coinstore Launchpad, listing fee coverage, and marketing campaigns collectively valued at 100,000 USDT. Grant funds of up to 80,000 USDT are also available to further bolster project development and innovation.
The UBIT Blockchain Ecosystem Hackathon 2024 features two distinct tracks, each presenting unique challenges and opportunities for participants:
- WEB3: Explore avenues such as Gamefi, AI, Metaverse, DID, SocialFi, NFT Marketplace
- DeFi: Delve into realms encompassing DEX, Swap, Derivatives, Launchpad, Lending, Payment, among others.
To facilitate participants’ journey, a series of informative workshops will be conducted, offering valuable insights into the UBIT Blockchain and providing personalized guidance. These workshops are scheduled for July 1 and July 2, serving as invaluable resources for participants seeking to maximize their potential.
Projects must be submitted by July 12, 2024, adhering to specific guidelines outlined by the hackathon organizers. Submissions should include a project demo URL, a demo video elucidating the project within a concise 10-minute timeframe, a textual description outlining project features and functionality, and a brief introduction of team members. Originality, technical prowess, business viability, usability, and ecosystem contribution will be key criteria evaluated by the esteemed panel of judges.
Coinstore Labs extends a warm invitation to all passionate developers, innovators, and blockchain enthusiasts to join forces in shaping the future of UBIT and pioneering the next frontier of blockchain technology. Let the UBIT Blockchain Ecosystem Hackathon 2024 be the canvas upon which your groundbreaking ideas flourish, propelling the blockchain industry towards unprecedented horizons. Register now: tinyurl.com/f8mhnj38
Join us in unlocking the boundless potential of the crypto universe at the UBIT Blockchain Ecosystem Hackathon 2024! Check out more: https://dorahacks.io/hackathon/coinstorelabs-ubit-hackathon/detail
