Originally published on: November 26, 2024
In a thrilling conclusion to the Web3 Unleashed #2 hackathon, hosted by DMCC and Bybit, five standout projects emerged victorious, each walking away with a share of the impressive $160,000 prize pool.
Hackathons serve as a breeding ground for innovation, bringing together bright minds to push the boundaries of technology. Dubai, with its forward-thinking approach and commitment to Web3 innovation, has become a hotspot for industry leaders and top talent from across the globe.
The recent event, held in Dubai on Nov. 20, saw 15 finalists competing fiercely to tackle real-world challenges with their cutting-edge solutions. From artificial intelligence to decentralized physical infrastructure networks, the projects showcased an array of groundbreaking ideas that impressed the panel of esteemed judges.
Among the top five projects that shone brightest at the hackathon were those focusing on areas such as Web3 infrastructure, digital identity, and zero-knowledge protocols. These innovative concepts not only demonstrate the potential of blockchain technology but also pave the way for a more connected and efficient Web3 ecosystem.
Supported by industry giants like DWF Labs, Injective, and 1inch, with Cointelegraph as the media partner, the hackathon provided a unique platform for emerging projects to gain visibility and make meaningful contributions to the Web3 space.
The event concluded with a vibrant afterparty, where participants, investors, and industry leaders came together to network and explore potential collaborations. It was a testament to the vibrant and dynamic ecosystem that DMCC and Bybit are fostering in Dubai.
Ahmed Bin Sulayem, CEO of DMCC, highlighted the hackathon’s role in propelling Dubai to the forefront of Web3 innovation, stating, “By pioneering new solutions in tokenization, artificial intelligence, and zero-knowledge protocols, the DMCC-Bybit hackathon continues to show why Dubai remains at the forefront of Web3 innovation.”
Web3 Unleashed #2 was not just a competition but a catalyst for collaboration and innovation in the Web3 space. By bringing together creative minds and industry leaders in Dubai, the event laid the groundwork for groundbreaking solutions that have the potential to reshape the future of Web3.
This sponsored article serves as a window into the exciting world of the Web3 Unleashed #2 hackathon. Readers are encouraged to conduct their own research before making any decisions related to the companies mentioned.
