On October 31, 2024, the bustling city of Hong Kong welcomed a feast for blockchain technology enthusiasts - a unique Hackathon. This event was jointly hosted by industry giants APE, Arbitrum, and DuckChain, organized by Techub News, with well-known companies such as Ithaca Protocol, KUMA, Laguna Network, and Foresight News as partners providing strong support for the event.
This Hackathon was not only a contest of technology but also a collision of ideas. It provided a valuable platform for developers from around the world to showcase their talents, exchange ideas, and jointly promote the development and application of blockchain technology. Here, every participant harbors a passion for technology and a pursuit to explore the infinite possibilities of the Web3 world.
The event was full of highlights, with three major themes running throughout. The APE (Ape Portal) theme focused on the reboot protocol, optimization of ApeChain's original production capacity, and deep integration of BAYC/ApeChain IP, bringing new challenges and opportunities to participants. The Arbitrum (Stylus Sprint) theme emphasized the deployment of Stylus contracts and provided additional rewards for projects deployed on ApeChain, igniting developers' creativity and passion. DuckChain, as the first consumer layer of the TON ecosystem, had a theme closer to consumer needs, dedicated to exploring solutions for large-scale adoption and promoting the popularity and implementation of consumer applications.
In this peak technological showdown, participants faced unprecedented challenges. They needed to successfully deploy contracts on Arbitrum (both Ape chain and DuckChain belong to ArbitrumOrbit), ensuring not only the stability and security of the technology but also a smooth and convenient user experience. At the same time, they also needed to consider how to promote the adoption of consumer applications, allowing more people to experience the convenience and charm brought by blockchain technology.
To ensure the fairness and authority of the selection, the judging team consisted of experts from ApeCoin DAO, Arbitrum, and DuckChain. They conducted meticulous evaluations of each participant's work based on their extensive experience and expertise, ultimately selecting the most innovative and practical works.
Now, let us relive the wonderful moments of the day's event through the words of Techub News editors. From the intense and exciting competition segments to the exhilarating award ceremony, every moment was filled with surprises and emotions. Let us witness this peak showdown of Web3 innovation and technology together and feel the charm and infinite possibilities of blockchain technology.
All City, head of Apecoin GWG, delivered the opening speech
All City, head of Apecoin GWG, detailed their technical innovations and community advantages. Ape Chain, based on the NFT and ApeCoin ecosystem, values community co-creation culture, providing 100 million ApeCoins through the 'Banana Fund' to support developers. Furthermore, the team launched three major development directions: no-loss betting, Twitch-like live streaming, and interactive betting. They gathered well-known community members from the cryptocurrency and NFT fields to explore potential development on the Ape Chain. The strong community support and resources of the Ape Chain attract developers to join in innovation and provide opportunities for participation.
CARD 3-APE
The representative of CARD 3 introduced their project at the Hackathon, aiming to provide a Web3 'physical-digital' (figital) user interaction experience through NFC technology. Their product can generate NFC cards at events, and users can access information related to events or rewards through their mobile NFC sensing. They have collaborated with multiple Web3 communities to enhance event interactivity and user loyalty through this technology, solving the problem of ineffective user conversion. Additionally, they emphasized that the product uses a hot wallet design, allowing users not to connect to the main wallet, increasing security.
Bettor Whale-Arbitrum
Jason, the founder of Bettor Whale, introduced his platform Bettor Whale at the Hackathon, aimed at providing a gamified investment experience for cryptocurrency users. The platform helps users simulate trading and strategy selection during market fluctuations through AI-assisted signals, market sentiment, and other tools. Its Telegram mini-program supports instant price predictions, signal markets, and distributed wallets. Users can optimize trading through staking, algorithm-supported vaults, and AI guidance. Furthermore, Bettor Whale will expand the user experience through competitions and new features, having gained support from significant partners and investors.
TerpLayer-APE
TerpLayer introduced its DeFi lending platform at the Hackathon, aiming to provide decentralized lending services through crypto derivatives. The platform utilizes credit risk, interest rate risk, and price risk management, combined with cross-margin functionality and flexible collateral options, helping users mitigate risks. TerpLayer supports various asset and derivative markets, establishing a DID system to track user credit. The team plans to further develop the platform's capabilities and showed progress in integration with the Ape chain.
ITHACA PROTOCOL
Dimitrios Kavvathas from the ITHACA Protocol shared opportunities for driving rapid growth in the crypto options market through community participation during the Hackathon. Their platform enables users to create custom yield models and flexibly manage risks by integrating basic options tools (such as call, put, and forward contracts). This 'self-enhancing' options strategy is characterized by liquidity and transparency, suitable for DeFi and traditional financial markets. ITHACA has been live for several weeks and is currently leading the DefiLlama rankings, with plans to support options trading for ApeCoin, looking forward to active feedback and participation from the community.
LAGUNA NETWORK
YX from Laguna Network introduced the platform's innovative model at the Hackathon, aiming to bring cryptocurrency to new users rather than attracting users to join the crypto ecosystem. Users can shop through a rebate mechanism in collaboration with well-known merchants (such as Razer, Agoda, etc.) and earn cryptocurrency rewards without needing a wallet or seed phrase. Laguna Network plans to incorporate ApeCoin into the reward system in 2024, benefiting the Ape community. The platform aims to repurchase cryptocurrency generated from shopping commissions to enhance token utility and value, attracting more users to join the crypto market.
Awakening of the Qin Dynasty
During the Hackathon event, Joyce Zhou detailed the immersive project 'Awakening of the Qin Dynasty,' which integrates Chinese culture, the background of the Qin Shi Huang era, and mysterious elements from the 'Shan Hai Jing' using VR technology to immerse users in an interactive cinematic world, creating a transcendent experience. 'Awakening of the Qin Dynasty' adopts an IP+RWA innovation model, addressing price volatility and lack of user confidence, lowering the threshold for user participation, while blockchain technology ensures transaction transparency and security. Since its opening, the project has sold over 50,000 tickets, with box office revenue exceeding 10 million yuan, demonstrating strong market performance.
Additionally, Joyce also shared the diverse expansion of 'Awakening of the Qin Dynasty' in fields such as NFTs, chain games, and hardware, with plans for private financing in Q4 2024 to further enhance the project's appeal. As a comprehensive IP ecosystem, 'Awakening of the Qin Dynasty' showcases the innovative practices of Chinese culture in the metaverse and Web3 fields and its potential in overseas markets. Joyce's sharing not only helped the audience better understand the unique charm of this project but also opened new possibilities for cultural outreach and immersive experiences.
UStars-Duck
At today's Hackathon, the representative from UStars introduced its innovative Telegram Stars ecosystem. The UStars platform allows users to directly exchange Telegram Stars obtained through gifts or community activities for USDT, achieving instant conversion of stablecoins, avoiding the risks of price fluctuations in traditional exchanges. The platform supports multiple wallets and is committed to cross-chain support to connect various blockchain networks such as Bitcoin and Ethereum, providing users with convenient asset cross-chain and value-added services. The project plans to launch its MVP in Q4 this year and conduct vertical and horizontal expansions within the TON ecosystem.
Roundtable Discussion: Community Building
Host: HAZEL/founder of the Chinese-speaking 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 focused on the theme of 'Community Building,' hosted by HAZEL (founder of the Chinese-speaking bored ape community), inviting several well-known community builders from Hong Kong such as NIC, SUBVERT, GOLDY, DL, and WINCHMAN as guests.
During the meeting, the guests shared their experiences in community building, emphasizing that community building begins with shared interests and values, and the power of the community lies in its ability to gather like-minded individuals. They unanimously agreed that the core of community building is values and that there needs to be a central focus guiding the development of the community.
At the same time, the guests also discussed how to maintain community vitality and prevent member attrition. They believe that the most important factor is sincere sharing and communication among members, rather than purely profit-driven relationships. They also explored communication and cooperation between different communities, believing it helps members understand other projects and broaden their horizons.
Finally, the guests expressed that although each community has different characteristics and positioning, organizing joint events can promote communication and interaction among members, enhancing community cohesion. They called for more communities to actively participate in this to jointly promote the development of community building in Hong Kong. The entire meeting concluded in a pleasant atmosphere, providing new ideas and insights for community building.
Jackbot-Arbitrum
Jackbot is a Web3 project that combines classic poker and other games, offering a no-risk 'free win' gameplay, including daily spins and multiplayer competitions. The platform supports NFTs and incorporates AI analysis features to provide players with game strategy feedback. The project focuses on long-lasting traditional games, enhancing the experience through Web3 technology, boasting 10 million users, and gradually expanding into Web3. The NFT design has social attributes, supports charitable activities, and promotes environmental projects. Team members come from around the world and have rich backgrounds in the gaming industry.
BridgeM-Duck
At today’s Hackathon, the representative from BridgeM introduced its bridging technology dedicated to cross-chain liquidity, connecting Bitcoin and Ethereum's Layer 2 ecosystems, and will further expand to support other EVM-compatible networks, connecting to the first consumer layer project DuckChain of the TON ecosystem.
Unlike traditional cross-chain bridges, BridgeM helps new chains attract users and funds through modular design, providing users with high-yield returns while combining airdrops and protocol revenue sharing. With unique LP pools and staking mechanisms, BridgeM addresses the liquidity issue of cross-chain assets, creating more profitable opportunities for holders of Bitcoin and others.
Uniland -APE
In the Hackathon speech, the representative from Uniland introduced their project in the field of art economy and intellectual property management, aimed at providing asset management support for artists. They showcased Uniland's dual-layer protocol structure: the first layer handles the storage of encryption and copyright protection, while the second layer focuses on applications and financial tools. The project includes artist tokenization, asset launch platforms, and cross-chain liquidity solutions. The team is committed to enhancing the monetization of artworks through blockchain, AI, and NFTs, and promoting the liquidity of virtual assets, supporting the art
Let Me Guess-APE
The project representative's speech at the Hackathon focused on the innovation of their skill-based betting platform, aiming to provide a dedicated betting platform for niche game players. They pointed out that the global skill betting market is expected to reach $35.6 billion in 2024 and grow to $676 billion by 2030, especially with the rapid growth in the esports sector. The platform allows users to easily create custom betting spaces through community and simple building tools, returning part of the transaction fees to the community, forming a self-recycling ecosystem. Currently, they are still in the rapid prototyping phase, looking forward to user feedback to optimize the platform's visuals and user experience.
XENO BUNNY-Arbitrum
The project representative's speech at the Hackathon introduced the XENO BUNNY project, a multi-chain strategy game incorporating DeFi elements, aimed at enhancing player interaction through dynamic gameplay and an innovative economic system. The gameplay includes card battles, land wars, and cross-chain adventures, enhancing rewards through the interaction of NFT cards and land NFTs, forming a multi-layered ecosystem. The speech also emphasized community value and the project's unique experience in NFT cross-chain. Finally, the representative expressed a desire to collaborate with ApeCoin and other partners to promote the joint development of multi-chain communities.
All City, head of Apecoin GWG, gives a speech
All City introduced the revival of NFTs on the Ape Chain, emphasizing the importance and rapid growth of its community, with a recent surge in trading volume. The Ape Chain hosts multiple launch platforms, such as Magic Eden, Blever, and Puffles, promoting the development of various NFTs, including independent artists and non-ape projects. He mentioned that the NFT market is reviving and urged everyone to seize the opportunity to purchase currently relatively inexpensive NFTs. The Ape Chain is attracting more users and showing strong market potential.
Award Ceremony: A Successful Conclusion, The Future Awaits
As night falls, the Hackathon: A Peak Showdown of Web3 Innovation and Technology has reached its most exciting moment - the award ceremony. This segment not only affirms the hard work of the participants but also elevates the spirit and value of the entire event.
In the DuckChain track, BridgeM stood out with its excellent technical strength and innovative thinking, winning the award for that track. The BridgeM project aims to solve the problem of cross-chain communication in blockchain, providing efficient and secure solutions for information exchange between different chains. After connecting to DuckChain, it will bring more vitality to the TON ecosystem and offer consumers in the TON ecosystem a more convenient trading experience.
The Arbitrum track featured more intense competition. After layers of screening and evaluation, Bettor Whale, through AI-assisted signals and market sentiment analysis, providing a gamified [cryptocurrency] investment experience, successfully captured first place in this track. Let’s Burn and XenoBunny achieved second and third places, respectively. Jackbot earned fourth place in this track.
The APE track was equally exciting. TerpLayer won first place with its unique reboot protocol and optimization plan for ApeChain's original production capacity. Let Me Guess and Card3 won second and third places, respectively. These projects not only offer 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 end of this Hackathon event. However, the significance of the event goes far beyond that. It not only provided participants with a platform to showcase their talents and exchange ideas but also promoted the development of blockchain technology and innovative projects. The competition and cooperation among various projects not only sparked innovative inspiration but also propelled the continuous prosperity and growth of the Web3 ecosystem.
Looking to the future, we anticipate seeing more such innovations and exchanges in Hong Kong and around the world. We believe that in the near future, Web3 technology will lead a new wave of technological revolution and industrial transformation, bringing a more convenient, efficient, and secure digital life to human society. Each of us has the opportunity to be a witness and participant in this great process.
