2 years ago
At the closing ceremonial for the ETHDenver league connected Sunday, 30 hackathon finalists pitched their projects to a assemblage of hundreds astatine the Sports Castle venue – a scope of submissions chiefly focused connected solving communal symptom points crossed the Ethereum ecosystem.
While the teams were competing for up to $5,000 for apical prizes successful assorted categories, adjacent runners-up volition apt person important attraction from task superior and angel investors – a fashionable inclination from an concern abstraction flushed with currency and bare for “alpha.”
In the decentralized concern (DeFi) category, submissions specified arsenic Dust Sweeper, which collects and swaps tiny amounts of tokens oregon “dust” that would beryllium costly to consolidate into different currencies; and SlowSwap, an automated marketplace shaper (AMM) that prevents maximal extractable worth (MEV) with delayed swaps, focused connected addressing communal idiosyncratic gripes. Additionally, Mimicry Protocol and Bunker.finance focused connected lending and derivatives for non-fungible tokens (NFT), respectively.
Likewise, DAO-focused submissions centered connected addressing fashionable symptom points for the emergent organizations. Background Network pitched a decentralized autonomous enactment that would outsource assistance table and assemblage absorption duties, portion AcademyONE centered connected providing rewards for creating and consuming acquisition content.
A brace of surprisingly visually appealing games stood retired successful the Metaverse and Gaming category: INDAO, a yield-producing Sci-Fi title, and MoonScape, a phantasy role-playing crippled utilizing NFTs for in-game items.
Perhaps the astir breathtaking submissions, however, focused connected privateness with the deployment of zero-knowledge proofs, arsenic good arsenic greater real-world integration.
ZKmaps would usage zk-proofs to alteration users to beryllium they were contiguous astatine a circumstantial geographic determination astatine a circumstantial clip without revealing their nonstop location. ZkProof of Buffiness, meanwhile, proves that a idiosyncratic holds a NFT from a peculiar collection, without revealing which circumstantial NFT is held.
IdentDeFi pitched privacy-preserving know-your-customer (KYC) architecture, portion ExchangeIt! pitched a real-world goods swap level that would usage astute declaration escrowing and DAO-mediated struggle resolution.
The afloat database of hackathon class winners volition beryllium posted successful the coming days.
DISCLOSURE
The person successful quality and accusation connected cryptocurrency, integer assets and the aboriginal of money, CoinDesk is simply a media outlet that strives for the highest journalistic standards and abides by a strict acceptable of editorial policies. CoinDesk is an autarkic operating subsidiary of Digital Currency Group, which invests successful cryptocurrencies and blockchain startups. As portion of their compensation, definite CoinDesk employees, including editorial employees, whitethorn person vulnerability to DCG equity successful the signifier of stock appreciation rights, which vest implicit a multi-year period. CoinDesk journalists are not allowed to acquisition banal outright successful DCG.
Andrew Thurman is simply a tech newsman astatine CoinDesk with a absorption connected DeFi.
Subscribe to Valid Points, our play newsletter astir Ethereum 2.0.
By signing up, you volition person emails astir CoinDesk merchandise updates, events and selling and you hold to our terms of services and privacy policy.
English (US) 