On October 31, 2024, the bustling city of Hong Kong welcomed a feast for blockchain technology enthusiasts - a unique Hackathon. The event was co-organized by three industry giants, APE, Arbitrum and DuckChain, hosted by Techub News, and well-known companies such as Ithaca Protocol, KUMA, Laguna Network and Foresight News also provided strong support for the event as partners.
This Hackathon is not only a technical competition, but also a collision of ideas. It provides a valuable platform for developers from all over the world to showcase their talents, exchange ideas, and jointly promote the development and application of blockchain technology. Here, every participant carries a passion and pursuit for technology and jointly explores the infinite possibilities of the Web3 world.
The event was full of highlights, with three major themes throughout. The APE (Ape Portal) theme focused on restarting the protocol, ApeChain native output, and the deep integration of BAYC/ApeChain IP, bringing new challenges and opportunities to participants. The Arbitrum (Stylus Sprint) theme focused on deploying Stylus contracts and providing additional rewards for projects deployed on ApeChain, inspiring developers' unlimited creativity and enthusiasm. As the first consumer layer of the TON ecosystem, DuckChain's theme is closer to consumer needs, and is committed to exploring solutions for large-scale adoption and promoting the popularization and implementation of consumer-level applications.
In this peak technology showdown, participants face unprecedented challenges. They need to successfully deploy contracts on Arbitrum (Ape chain and DuckChain are both Arbitrum Orbit), which not only requires ensuring the stability and security of the technology, but also taking into account the smoothness and convenience of the user experience. At the same time, they also need to think about how to promote the popularization of consumer-level applications so that more people can feel the convenience and charm brought by blockchain technology.
In order to ensure the fairness and authority of the selection, the judging team is composed of experts from ApeCoin DAO, Arbitrum and DuckChain. With their rich experience and professional knowledge, they carefully reviewed the works of each participant and finally selected the most innovative and practical works.
Now, let's review the highlights of the day's event with the text of Techub News editors. From the exciting competition to the exciting award ceremony, every moment is full of surprises and touching moments. Let us witness this peak showdown of Web3 innovation and technology together, and feel the charm and infinite possibilities of blockchain technology.
Apecoin GWG head All City gave an opening speech
All City, head of Apecoin GWG, introduced their technological innovation and community advantages in detail. Based on the NFT and ApeCoin ecosystem, Ape Chain attaches importance to community co-creation culture and provides 100 million ApeCoins to support developers through the "Banana Fund". In addition, the team has launched three major development directions: lossless betting, Twitch-like streaming and interactive betting. It has brought together well-known community members from the fields of cryptocurrency, NFT, etc. to discuss potential development on Ape Chain. Based on the strong community support and resources of Ape Chain, it attracts developers to join innovation and provides developers with opportunities to participate.
CARD 3-APE
Representatives of CARD 3 introduced their project at the hackathon, which aims to provide a "physical-digital" user interaction experience of Web3 through NFC technology. Their product can generate NFC cards during activities, and users can obtain information related to activities or rewards through NFC sensing on their mobile phones. They have cooperated with multiple Web3 communities and enhanced the interactivity of activities and user loyalty through this technology, solving the problem of users' inability to convert effectively. In addition, they emphasized that the product adopts a hot wallet design, and users do not need to connect to the main wallet, which increases security.
Bettor Whale-Arbiter
Jason, the founder of Bettor Whale, introduced his platform Bettor Whale at the Hackathon, which aims to provide a gamified investment experience for cryptocurrency users. The platform helps users simulate transactions and strategy selection in market fluctuations through tools such as AI-assisted signals and market sentiment. Its Telegram applet supports instant price predictions, signal markets, and distributed wallets. Users can make more optimized transactions through staking, algorithm-supported Vaults, and AI guidance. In addition, Bettor Whale will expand the user experience through competitions and new features, and has obtained the support of important partners and investors.
TerpLayer-APE
TerpLayer introduced its DeFi lending platform in its Hackathon presentation, which aims to provide decentralized lending services through crypto derivatives. The platform uses credit risk, interest rate risk, and price risk management, combined with cross-margin capabilities and flexible collateral options to help users reduce risks. TerpLayer supports multiple asset and derivative markets and has established a DID system to track user reputation. The team plans to further develop the platform's functionality and demonstrated progress in integrating with the Ape chain.
ITHACA PROTOCOL
Dimitrios Kavvathas of ITHACA Protocol shared in the Hackathon the opportunity to drive the Ape community's participation in the fast-growing crypto options market through its innovative protocol. Its platform enables users to create customized profit models and flexibly manage risks by integrating basic options tools such as calls, puts, and forward contracts. This "self-enhancing" options strategy is liquid and transparent, suitable for DeFi and traditional financial markets. ITHACA has been online for a few weeks and is currently leading the DefiLlama ranking. It plans to support ApeCoin's options trading next, and looks forward to the community's positive feedback and participation.
LAGUNA NETWORK
YX from Laguna Network introduced the platform's innovative model at the Hackathon, bringing cryptocurrency to new users rather than attracting users to the crypto ecosystem. Users can shop through a rebate mechanism in cooperation with well-known merchants (such as Razer, Agoda, etc.) and receive cryptocurrency rewards without the need for a wallet or seed phrase. Laguna Network is planning to include ApeCoin in the reward system in 2024 to benefit the Ape community. The platform adopts the repurchase of cryptocurrency through the commission generated by shopping, increasing the utility and value of the token to attract more users to join the crypto market.
Qin Dynasty Awakens
During the Hackathon, Joyce Zhou introduced the immersive project "Qin Tide Awakening" in detail. The project integrates Chinese culture, the background of the Qin Shihuang era and the mysterious elements of (Shan Hai Jing), and uses VR technology to immerse users in an interactive movie world, creating an immersive experience across time and space. "Qin Tide Awakening" adopts the IP+RWA innovative model to solve the problems of price fluctuations and lack of user confidence, lowering the threshold for user participation, and blockchain technology also ensures the transparency and security of transactions. Since its opening, the project has sold more than 50,000 tickets, with box office revenue exceeding 10 million yuan, showing strong market performance.
In addition, Joyce also shared the diversified expansion of "Qinchao Awakening" in NFT, blockchain games and hardware, and plans to conduct private financing in Q4 2024 to further enhance the attractiveness of the project. As an all-round IP ecosystem, "Qinchao Awakening" demonstrates the innovative practices and overseas market potential of Chinese culture in the field of metaverse and Web3. Joyce's sharing not only allows the audience to better understand the unique charm of this project, but also opens up new possibilities for cultural export and immersive experience.
UStars-Duck
At today's Hackathon, UStars representatives introduced its innovative Telegram Stars ecosystem. The UStars platform allows users to directly exchange Telegram Stars obtained through gifts or community activities for USDT, and realizes instant exchange of stablecoins, avoiding the risk of price fluctuations in traditional exchanges. The platform supports multiple wallets and is committed to cross-chain support to connect multiple blockchain networks such as Bitcoin and Ethereum, providing users with convenient cross-chain assets and value-added services. The project plans to launch MVP in Q4 this year and expand vertically and horizontally in the TON ecosystem.
Roundtable: Community Building
Host: HAZEL/Founder of the Chinese Bored Ape Community, Founder of MOCACN; Guests: NIC/FOUNDER NOUNSCN &CRYPTO PUNKS CN, SUBVERT/FOUNDER COOL CATS HK, GOLDY/FOUNDER 852 GARDEN, DL/FOUNDER MOCA HK, WINCHMAN/FOUNDER 852 WEB3;
The roundtable discussion revolved around the theme of "community building" and was hosted by HAZEL (founder of the Chinese Bored Ape Community). Many well-known community builders in Hong Kong, including NIC, SUBVERT, GOLDY, DL and WINCHMAN, were invited as guests.
During the meeting, the guests shared their experiences in community building, emphasizing that community building starts with common interests and values, and the power of a community lies in its ability to gather like-minded people. They all agreed that the core of community building is values, and there needs to be a focus to guide community development.
At the same time, the guests also discussed how to maintain community vitality and prevent member loss. They believed that the most important thing is the sincere sharing and communication between members, rather than pure interest relations. In addition, they also discussed the communication and cooperation between different communities, believing that this would help members understand other projects and broaden their horizons.
Finally, the guests said that although each community has different characteristics and positioning, by jointly holding activities, it can promote communication and interaction among members and enhance the cohesion of the community. They called on more communities to actively participate in it and jointly promote the development of community construction in Hong Kong. The whole meeting ended in a pleasant atmosphere and provided new ideas and inspiration for community construction.
Jackbot-Arbiter
Jackbot is a Web3 project that combines classic poker and other games, providing risk-free "free to win" gameplay, including daily spins and multiplayer tournaments. The platform supports NFTs and has added AI analysis functions to provide players with game skills feedback. The project focuses on long-lived traditional games, improves the experience through Web3 technology, has 10 million users, and gradually expands to Web3. NFTs are designed with social attributes, support charity activities, and promote environmental protection projects. Team members come from all over the world and have rich backgrounds in the gaming industry.
BridgeM-Duck
At today’s Hackathon, BridgeM representatives introduced their bridging technology dedicated to cross-chain liquidity, connecting the Layer 2 ecosystems of Bitcoin and Ethereum, and will further expand support for other EVM-compatible networks, including DuckChain, the first consumer layer project of the TON ecosystem.
Different from traditional cross-chain bridges, BridgeM helps new chains attract users and funds through modular design, provides users with high-yield returns, and combines airdrops with protocol revenue sharing. Through a unique LP pool and staking mechanism, BridgeM solves the problem of cross-chain asset flow and creates more income opportunities for Bitcoin and other holders.
Uniland - APE
In the hackathon speech, Uniland representatives introduced their projects in art economy and intellectual property management, aiming to provide asset management support for artists. They demonstrated Uniland's two-layer protocol structure: the first layer handles storage encryption and copyright protection, and the second layer focuses on applications and financial instruments. Projects include artist tokenization, asset launch platform and cross-chain liquidity solutions. The team is committed to improving the monetization of artworks through blockchain, AI and NFT, and promoting the liquidity of virtual assets to support art.
Let Me Guess -APE
The project representative's presentation at the hackathon focused on the innovation of its skill-based betting platform, which aims to provide niche gamers with an exclusive betting platform. They pointed out that the global skill betting market size was $35.6 billion in 2024 and is expected to grow to $676 billion by 2030, especially the rapid growth in the e-sports field. The platform allows users to easily create customized betting spaces through community and simple building tools, and feed back part of the transaction fees to the community to form a self-circulating ecosystem. At present, they are still in the rapid prototyping stage and look forward to user feedback to optimize the platform's visual and user experience.
XENO BUNNY-Arbiter
The project representative’s speech at the hackathon introduced the XENO BUNNY project, a multi-chain strategy game that combines DeFi elements and aims to enhance the interactive experience of players through dynamic gameplay and innovative economic systems. Gameplay includes card battles, land battles, cross-chain adventures, etc., and rewards are increased through the interaction of NFT cards and land NFTs to form a multi-level ecosystem. The speech also emphasized the value of the community and the project’s unique experience in NFT cross-chain. Finally, the representative hopes to cooperate with ApeCoin and other partners to promote the common development of the multi-chain community.
Apecoin GWG head All City speech
All City introduced the resurgence of NFTs on Ape Chain, emphasizing the importance of its community and rapid growth, with a recent surge in trading volume. Ape Chain has multiple launch platforms such as Magic Eden, Blever and Puffles, promoting the development of various types of NFTs, including independent artists and non-Ape projects. He mentioned that the NFT market is recovering and called on everyone to seize the opportunity to buy NFTs, which are currently relatively cheap. Ape Chain is attracting more users and showing a strong market,
Award Ceremony: Successfully concluded, promising future
As the night fell, the Hackathon: Web3 Innovation and Technology Summit event also ushered in the most exciting moment - the award ceremony. This link is not only a recognition of the hard work of the participants, but also a sublimation of the spirit and value of the entire event.
In the DuckChain track, BridgeM stood out with its outstanding technical strength and innovative thinking and won the award in this track. The BridgeM project is committed to solving the problem of cross-chain communication of blockchains and provides an efficient and secure solution for information exchange between different chains. After connecting to DuckChain, it will bring more vitality to the TON ecosystem and more convenient transaction experience to consumers of the TON ecosystem.
The Arbitrum track presented a more intense competition. After layers of screening and review, Bettor Whale successfully won the first place in this track by providing a gamified [cryptocurrency] investment experience through AI-assisted signal and market sentiment analysis. Let’s Burn and XenoBunny won the second and third place respectively. Jackbot won the fourth place in this track.
The APE track was equally exciting. TerpLayer won the first place in this track with its unique restart protocol and ApeChain native yield optimization solution. Let Me Guess and Card3 won the second and third place respectively. These projects not only provide new possibilities for the integration of BAYC/ApeChain IP, but also inject new vitality into the prosperity and development of the Web3 ecosystem.
The successful conclusion of the award ceremony marks the successful conclusion of this Hackathon event. But the significance of the event goes far beyond that. It not only provides a platform for participants to showcase their talents and exchange ideas, but also promotes the development of blockchain technology and innovative projects. The competition and cooperation between projects not only inspires innovative inspiration, but also promotes the continued prosperity and growth of the Web3 ecosystem.
Looking to the future, we look forward to seeing more such innovation and exchange feasts in Hong Kong and around the world. We believe that in the near future, Web3 technology will lead a new round of technological revolution and industrial transformation, bringing a more convenient, efficient and secure digital life to human society. And each of us has the opportunity to become a witness and participant of this great process.
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