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Innovative TezAsia Hackathon Winners Build Asia’s Green Tomorrow With Blockchain Today

TZ APAC, one of the leading Asia adoption entities supporting the Tezos ecosystem, today announced the winners of the largest Tezos blockchain hackathon – TezAsia.

In partnership with Tezos India & Chainstack, this month-long hackathon saw participants develop novel solutions across three tracks: DeFi, NFTs and Collectibles, and Tools and Wallets on the Tezos blockchain.

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The TezAsia Hackathon

TZ APAC, one of the leading Asia adoption entities supporting the Tezos ecosystem, today announced the winners of the largest Tezos blockchain hackathon – TezAsia. In partnership with Tezos India & Chainstack, this month-long hackathon saw participants develop novel solutions across three tracks: DeFi, NFTs and Collectibles, and Tools and Wallets on the Tezos blockchain. 

The hackathon was a grand success and received over 1400 registrations, 1600 individual participants and teams, who submitted 36 projects across the 3 tracks.

The jury selected Tezco as the winner – a global carbon currency that can enable the purchase of carbon-emitting products via gamification, NFT, and P2P DeFi staking, to reduce the impact of climate change by integrating the Tezos network to provide universal and transparent transactions.

In second place was Radiate Finance, a streaming protocol in which users can create a stream to transfer tokens in real-time. Omni Swap – a credit default swaps solution on blockchain to remove overcollaterization requirements in loans facilities – came in third. The winners received grants of up to USD 10,000 each, allowing them to take their projects to the next level.

“Some of the projects born from the TezAsia hackathon were really outstanding in the quality of their presentation, MVP product readiness and execution from the participants. I’m impressed and confident in what will come in the future of the Tezos ecosystem.” said Sebastien Borget, President, Blockchain Game Alliance.

With an objective of fostering budding blockchain talent in the region and challenging participants to devise solutions for a greener future – the TezAsia Hackathon  brought together novices, advanced coders, students, working professionals, and blockchain enthusiasts from a wide spectrum of industries across the region.

The hackathon was held on the Devfolio platform and offered USD 14,000 in prizes across all tracks. 

“TezAsia brought forward eager participants who put transformative solutions and sustainability at the forefront of their projects. We are looking forward to conducting more programs in the future to foster the growing blockchain talent and make the region stronger than ever” said Om Malviya, President, Tezos India.

“The sheer number of ideas and high-quality proof-of-concepts shared by TezAsia’s participants demonstrates that we have barely scratched the surface of Asia’s creative potential, when it comes to harnessing blockchain technology to develop real-world solutions.

TZ APAC is committed to cultivating and bringing these ideas to market on the Tezos blockchain” said David Tng, Head of Growth, TZ APAC.

While some of the ideas presented will continue to be developed into robust, market-ready solutions, the TezAsia Hackathon also shone a spotlight on much of the developer talent in the region, which has attracted the interest of blockchain companies seeking to recruit these bright minds. 

“We are proud to have supported this event that has brought various ideas and projects into fruition. Dedicated to magnifying accessibility within Web3, Chainstack strives to continuously innovate and support the ever growing Tezos ecosystem.

The event was a huge success in nurturing the next batch of developers and builders that not only accelerate the growth of DeFi and Web3 as a whole, but also bring more sustainable solutions to all.” said Eugene Aseev, CTO & Founder of Chainstack.

Beyond the TezAsia Hackathon, TZ APAC and Tezos India have also partnered with Microsoft, Skoda and Tech Mahindra to deliver the Microsoft Century Program – a corporate-SME bridge program that seeks to uncover blockchain-based solutions on Tezos, for industry-specific use cases.

The first iteration of the program will focus on Discrete Manufacturing, with a particular focus on automotive manufacturing, supplier management, product authentication, supply chain and more.

Disclaimer

Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.

Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.

Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

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